EP 337: Stop Wasting Your Time on Projects that Don't Matter with Liz & Andresa
Jan 10, 2023Stop Wasting Your Time on Projects that Don't Matter with Liz & Andresa (Minisode)
Welcome ladies to the Real Estate InvestHER Show! In this minisode, co-hosts Liz and Andresa discuss the importance of not wasting time on projects that don't matter and how to evaluate which projects to pursue and which ones to avoid. They share their own experiences with being asked to take on new projects and how they've learned to create a tool to objectively evaluate each opportunity. The tool includes a list of questions to consider before deciding whether or not to pursue a project, such as whether it aligns with their values, goals, and long-term vision, and if it has the potential to bring value to their lives or business. Liz and Andresa also discuss the importance of setting boundaries and learning to say no to projects that don't align with our priorities.
Be sure to tune right in ladies, this episode offers valuable advice that will help you to become a smarter and better investor!
Quotes
· “It is all about efficiency and how we use our time. That is our biggest asset.” (00:42 - 00:46)
· “As service-minded women, we can fall into the trap of shiny object syndrome and jump into projects without properly evaluating them. We don’t want to do that”. (03:15 – 03:33)
· "You have to play offense. You can't play defense. When you're playing defense, we make anything happen and we just kill ourselves in the process”. (08:16 - 08:29)
· “Being on offense makes you have criteria on a good project and what will yield where you are headed in terms of your return on your investment." (08:37 - 08:45)
· "Be smart and don't let resentment build up as you work towards your goals. We as women can get things done, but we don't want to feel burnt out or frustrated along the way. This can be avoided by being mindful and aware from the start." (08:45 - 08:58)
· “Make a mindful decision about the projects that you were going to be involved on, and you really understand what is the return on your money, on your time, and your energy because that is what really matters”. (11:35 - 11:52)
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