That project that isn’t in your wheelhouse but you are considering taking on because it’s a “once in a lifetime opportunity”, you should probably pass on it. 👇
I spent more of my life than I care to admit thinking that I could make any type of deal work if I just pushed hard enough. I got lucky a bunch of times but didn’t know it was luck. I thought it was me. 🤦♂️
Turns out the best way to consistently build wealth isn’t by getting lucky, it’s by getting really freaking, better-than-the-rest, good at one type of market.
Consider this your monthly reminder that if you aren’t specializing then you probably aren’t going to do well in the long run. Choose a niche and become so good at it that no one can catch you.
If you aren’t exceptional in the market you are working in, you are just hoping to get lucky. I can’t think of a worse strategy.
@moseskagan @lcrothlisberger @fortworthchris @StudentRentPro @seandsweeney @adamblake @antonia_mdprjct are just a few examples of folks on here who inspire me because they know their niches and keep getting better at what they do.
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