Tyler Sheff | Entrepreneurship

Tyler Sheff and the Cash Flow Guys talk real estate, investments, and entrepreneurship.

Category: Cash Flow Guys

Passion, It Will Lead You To Success.

It’s a phrase you’ve probably heard before or something that essentially projects the same message. Marty Fukuda recently wrote an article about the importance of passion in one’s life, and it will likely resonate with a large majority of his readers. Fukuda’s advice, “be passionate about something.”

Having something in your life that you’re passionate about will ultimately inflict a positive effect on all aspects of your life. Being passionate about your career can be the greatest gift you give yourself! Top performers in any company will likely have a passion in association with their job. Whether someone is passionate about the company itself, because perhaps they’ve built it from the ground up, or they’re passionate about the work they’re doing for that company, like
being in charge of company social media accounts, they will inevitably see great results in their career. To have a genuine enthusiasm for what you’re doing essentially is passion. It’s like that saying, ‘If you enjoy what you do, you won’t work a day in your life.’

Fukuda mentions that many people think that the lack of passion in their lives is a result of their environment when in fact it is the opposite. When you find a passion for something, and you truly immerse yourself in that, you in turn attract the people and circumstances that will aid you in your success. In order to find your passion, he suggests trying new things. Whatever it is that you’re doing in your life, if you cannot think of one thing that could easily occupy hours of your time with pure enjoyment or that makes you want to take risks, you have yet to find your passion. So, why not try that one thing that you wish you could have done when you were younger or maybe there’s something you’ve been meaning to start but haven’t had the time, just do it, “be open to new sources of inspiration.”

Try not to force yourself into thinking you’re passionate about the most influential aspect of your life. Don’t try and convince yourself that you love your job so much and that you are genuinely happy ‘filing other’s taxes’. You could find that the most trivial activity or hobby brings you the greatest sense of joy, and that’s equally as great as being passionate about work. If you set time aside to strictly submerge yourself in your passion you will see a “ripple effect on other aspects of your life.”

Finding your passion is essential to your overall well-being and success. Perhaps you’ve always wanted to learn about real estate investment but never thought you had the time, well now is the time to explore any and all of those possibilities. When you’re passionate about something it will propel all aspects in your life positively forward.

Two Brothers, $8million in Assets

Business Insider recently posted an article on Kelly and Chris Edwards, two brothers from North Carolina, and their success story on real estate investment. In a decade’s time, the Edwards brothers went from an $88,000 investment to over $8million in assets. While working in commercial banking, they recognized that the clients with the highest net worth happened to own various real estate. Thus, they found themselves investing in a house and renovating it themselves, which marked their decade journey in real estate investment.

Fortunately for us, the Edward’s brothers shared some of their tips on real estate investing with Business Insider:

Investments are like a business

The Edwards brothers recommend making a plan, or time frame, for the amount of property you plan on purchasing. Buying a property alone takes up a lot of your time, not to mention if you plan on doing renovations yourself, so recognizing how long the project may take is essential.

Find an expert on investing

Another tip from the brothers is finding someone who knows a lot about investing and learning from them prior to divulging in real estate investment. Lucky for those of you in the Florida vicinity, Cash Flow Guys are your local authority!

Invest in, not only real estate but knowledge

Much of their success is owed to books, and they couldn’t be more right! Knowledge is power! It’s so important to learn as much as you can about the industry before you start any investing.

Find your niche

The Edward brothers recommend finding a housing niche that works best for you. It’s important to figure out what kind of a house you wish to create, whether it’s a high-end home or an affordable home, and see what you’re going to be an expert in.

Don’t Expect To Get Rich Quick

Real estate investment isn’t something you set out doing and expect to make $60,000 profit in a week. It’s important you understand the length of the entire project and while you might not see a huge return on investment right away, with time you’ll get there!

To learn more about real estate investing feel free to contact me at cashflowguys.com

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