REI In Your Car 182: General Patton and His Advice to Investors

Published: May 29, 2017, 10 a.m.

b'

You\\u2019ll notice I\\u2019m a bit out of sorts in this episode, as I have a very annoying case of poison ivy. Nasty stuff. Went to urgent care and got a shot. Ouch! Headed to fill a prescription as I\\u2019m recording.

\\n

But on to other things\\u2026

\\n

I\\u2019ve heard this Patton quote before, but just had someone recently bring it to my attention again. And I can\\u2019t help but see the clear correlation with how I teach about the real estate investing business.

\\n

\\u201cA good plan violently executed now is better than a perfect plan executed next week.\\u201d

\\n

Another way to phrase this (which you\\u2019ve heard me say many times) is: Take massive imperfect action. Perfect is never going to happen.

\\n

This was brought home to me once again when a student asked a far-fetched \\u201cwhat if\\u201d question during a coaching call. These types of anticipatory questions will slow you down and bring you to a standstill.

\\n

I\\u2019m not pointing fingers because I used to do the exact same thing.

\\n

Get rid of \\u201cwhat if?\\u201d Focus on \\u201cwhat next?\\u201d And you\\u2019ll go further faster.

\\n

'