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Oleg Potemkin (RA)
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Oleg
Potemkin (RA), Partner Hawaii Realty International, LLC
Honolulu Oahu Hawaii
Tel:
(808) 398-9987 Fax: (808) 356-1737 Email:
oleg@hawaii-realty.com
Real
Estate Investing is Just Like Weight Loss...
It
takes a lot of effort on your part (but a guru or two can help)
It amazes me how many
people get started in real estate investing, only to fail when the
going gets tough. As soon as someone discovers they can’t get
rich in a week or two, they are on to the next “hidden guru”
secret. It’s the same as weight loss - everyone talks about it,
many try it, but few succeed. There are thousands of “get rich
quick” and “get slim quick” gimmicks. No wonder both the
real estate investing information and weight loss products
industries make BILLIONS!
Weight loss isn’t easy… ask anyone who has tried it. However,
the concept of weight loss is very basic - burn more calories than
you ingest and your body will react accordingly. Unless you have a
medical disorder, this formula works for just about anyone. Simple
as it may be, the formula is HARD, meaning it takes a lot of
DISCIPLINE AND HARD WORK. So, the weight loss industry has offered
us thousands of ways to make it easier. Many of these solutions do
work, but they only work if you put forth effort.
Now, let’s start with the premise you don’t need any of these
“solutions” to make real estate OR weight loss work for you.
You can eat less calories, go walking or jogging every day and you
will lose weight. But, having knowledge of the caloric content of
different foods is relevant. Also, for many people, knowing the
carbohydrate content is relevant. Having the advice of a
physician, dietician and personal trainer will help you prevent
injuries and maximum your effort.
Same principle applies to real estate - you can go out and make
hundreds of offers to motivated sellers and find a good deal.
However, having information about how to solve the seller’s
needs and construct an offer will help. Having an attorney, real
estate agent or “guru” to assist you with constructing the
offer and the paperwork will make it easier. Having advice from
other people who have already done hundreds of deals will also
make it easier for you to learn from other people’s success (and
failures). However, whether it’s weight loss or real estate, the
bottom line is not just knowing, but DOING. You can’t blame the
diet if you don’t stick to it. Many people have successfully
lost weight using the ZONE, WEIGHT WATCHERS, ATKINS and other
similar plans. Many people have succeeded with the famous
“guru” plans, but many have failed, likely because they
didn’t give the required effort, NOT because the plan isn’t
effective.
Both real estate investing business and weight loss are simple,
but neither is easy. It takes a lot of work. Having a proven
“system” or plan helps, but only if you stick to it. If the
diet plan says, “exercise 3x times per week”, you can’t be
sloppy about it and expect results. It’s like the people reading
a book on the treadmill at the gym - if you can read a book,
you’re not working HARD ENOUGH. Likewise, people call newspaper
ads and say “hey, you wouldn’t want to sell me your house
cheap, would you?” This is not DOING it is TRYING. You have to
give 100% to a particular plan or formula before you say, “this
stuff doesn’t work.”
Many people who are interested in weight loss join a gym or hire a
personal trainer. From personal experience, I can say that both
are great for weight loss. But, the weeks I didn’t show up, it
was a BIG WASTE OF MONEY! The same thing goes for a real estate
training system or mentor program - if you don’t put forth any
effort, it won’t work! And, of course, you’ll likely get
bitter about all the money you spent and blame the guru. After
all, it can’t be YOUR fault!
That brings us to another topic - the “scam” side of the real
estate and weight loss business. Sure, the “magic pills” that
melt off fat are probably a scam. These snake oil salesman are
offering the lazy and desperate people a solution - no work and
results. Hah! If you bought into this scam you deserve to be
parted from your money. Likewise, any real estate guru who
promises riches with no work is also a scam. My favorite promise
is “no selling involved” - that’s the biggest lie ever told.
No business can be successful without a certain amount of selling
of their product or service to customers - period! So, while there
is a dark side to the weight loss and real estate investing
information businesses, I assert that most people fail at both
because of their own lack of action, not the fault of the
“systems.” If you aren’t willing to work, another weight
loss program or real estate seminar won’t get you any more
results than you are currently getting - save your money and take
MORE CONSISTENT ACTION with what you are currently doing.
However, if you are willing to work hard and take a lot of
consistent action, a guru or program will likely give you more
results. If you bought a book, course or program and already have
results, another program, course or book will likely give you
tools to get MORE RESULTS. I often hear about successes people
have with my real estate programs, but a lot of them are not FIRST
TIME successes. They are most often people who have already been
successful, and, using my tools, became MORE successful. If
someone asks me whether my program will make them successful, I
ask, “what other programs have you bought?” If they have
already spend thousands on other programs and have done NOTHING, I
discourage them from buying mine. These people are looking for the
elusive “holy grail” that all the other programs left out.
More than likely, the missing element is lack of action on their
part.
If you aren’t willing to take action on a massive scale, you
won’t get more results by buying more products. If you have the
discipline to work hard and take consistent action, then products
and services will help you get there faster. Whether you are
looking to get rich or lose weight, the bottom line is YOU!
Thanks for visiting!
About the Author . .
.
William Bronchick, CEO of Legalwiz Publications, is a
Nationally-known attorney, author, entrepreneur and speaker. Mr.
Bronchick has been practicing law and real estate since 1990, having
been involved in over 600 transactions. Visit his site at http://www.LegalWiz.com

Your
Hawaii Real Estate Specialist
Oleg Potemkin (RA), Partner Hawaii
Realty International, LLC
1888 Kalakaua Avenue, Suite C-312,
Honolulu, Hawaii 96815 USA
Tel: (808) 398-9987 Fax:
(808) 356-1737 Email: oleg@hawaii-realty.com
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