Commercial Real Estate Investing From A-Z Setting Goals for the New Year, How to Organize Your Day and When to Hire a Full Time VA
Today we'll go over some tips for setting your real estate goals for the year, how to look at them on a daily, weekly, monthly and on a yearly basis, how to organize your day, and when is the optimal time to hire a full time VA. Bronson Hill, principal at Bronson Equity has been in the real estate investment world for the last four years, he has raised over $30M and shares his insights.
You can read this entire episode here: bit.ly/3VTpvTL
Last year you raised an incredible amount of money, what do you think was the biggest step you took in the last four years to get yourself to where you are right now?
I think the biggest thing that happened was I made the decision that I was going to leave my job within a few years, I was going to figure out a way to do it. By doing that, your subconscious tries to figure it out, you go to events, meet the people, make connections. And in the process, I started a meet up in Southern California, and found my first investor there. I'd had so many calls with friends and family to raise money for real estate deals, and zero invested, it was so frustrating stuff, but this guy who I'd never met before, who simply saw me at the front of the room, he didn't see me as an expert, but as a leader in the space. The amazing thing is when you're trying to get started, it's so important that you try to find a way to add value. You're doing it by this podcast, other people are doing it by going to events and trying to find a way to help people on their journey. We create a lot of content now, emails, videos, we have our YouTube channel and all types of stuff to create value for people.
You have a specific amount of days that you're completely disconnecting for the year. Can you tell me a little bit about that? And how do you do it?
That's new for me. I'm always working and doing things, even on a day off. I'm a part of a coaching group now and they're saying that it's really good to have a certain number of free days, and that is defined as you don't answer an email, you don't pick up the phone. When somebody calls for business, you're out of the office. And it's so hard to do. But if you're an entrepreneur, you can hopefully have team members that can help, you train your people, you work with your partners, your investors, etc. I don't pick up the phone on the weekends unless it's an emergency. My goal this year is 115 free days where I don't do any work on those days.
A lot of times when people decide to take a week, or a month off, and they just really let the team take care of the business, more often than not, the company actually does way better than when they were there watching over everybody.
Is there anything else that is important to share regarding goal setting?
You have to have written goals, when you write it down, you're actually creating something. And something doesn't exist unless you create it, you either speak it, you write it down. And put that up somewhere, I have my goals typed up with my mission statement, I laminated on the backside and there are pictures of what those goals look like. And I read those every morning. Keeping that in front of you is really important. I encourage anybody who's listening who wants to change their life, start creating the goals and keeping them in front of you all the time.
Yeah,Bronson Hill
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