The daily routine is a vital part of one’s quest to become a successful entrepreneur is no apart from the rule. These daily routines are everyday practices that encompass the entrepreneur’s body, mind, and spirit.
What works for one person might not essentially work for another, but the goal is to create and maintain daily health and well-being routines to become a successful entrepreneur.Â
The following five habits will assist beginner real estate investors to cultivate an entrepreneurial mindset that could potentially result in huge payoffs down the road.
Effective Time Management
Time is life’s greatest equalizer. We all have the same amount of time in the day. It doesn’t matter who we are, where we’re from, the color of our skin, our religion, and so on; we all still get 24 hours in a day. That’s 86,400 seconds, and that’s it. Not more and not less.Â
However, what makes a difference is just how we use the precious time we do have. The world’s most successful people are also some of the world’s best managers of their time. If you’re serious about long-term success, you need to instill this daily habit into your life.
Use the quadrant-time-management system, first envisioned by the late President Dwight D. Eisenhower, and later popularized by Stephen R. Covey in his book, “7 Habits of Highly Effective People.” You’ll find this to be the best strategy for managing your time and eventually achieving your goals.
Daily Routine Setting
Creating and sticking to a routine can help you operate more efficiently during the day. Setting daily expectations and repeating tasks through practice will help prepare your brain and body for what’s next and promote optimal performance.
Routines have also been shown to improve important areas of your health like stress levels and sleep.
Maulik Patel, founder, and CEO of Click Matix, swears by routines and believes sticking to this habit is the foundation of being a successful entrepreneur.
“Creating a routine has boosted my productivity more than ever before. Every morning and night I do the same tasks. Wake up, wash face/brush teeth, meditate, bodyweight exercise, and eat my breakfast. Every evening I have a separate routine involving journalling, hygiene, and planning for tomorrow. This helps keep me consistent. The best entrepreneurs make daily, weekly and monthly routines like mine, grounded in keeping themselves balanced, productive, and happy. Entrepreneurship is stressful and you’ll find steady routines become your bedrock on which you structure your life.”
Imagine Success
In addition to waking up earlier, one common denominator among top performers in any industry is they have mastered the technique of positive visualization and openly credit it as a success tactic.
The two minutes of visualization and positive thinking can improve mood and clarity for the day.
To become a successful entrepreneur, one needs to envision it. Consider these two examples:
Muhammad Ali would continually stress the importance of seeing himself win a fight long before the actual fight took place.
Michael Jordan would always visualize the last shot in his mind before he ever took one in real life.
As an entrepreneur, you should practice the habit of putting together a positive vision in your everyday life. If you can’t picture yourself succeeding, achieving every goal, and completing every task, you never will.
Networking
The most successful people in the world understand the value of exchanging ideas. Commonly referred to as networking, this practice of building extensive networks of contacts–both in the office and outside of it–is critical to long-term success, especially in real estate.
Beginner investors should always be on the lookout for new leads, friends, and potential partners, whether it’s trade shows, conferences, or your local coffee shop.
Networking as a daily habit is imperative for real estate investors. In addition to finding new leads, networking has the power to unlock an abundance of opportunities, such as real estate referrals, which is a powerful selling tool because people generally would instead do business with people they know.
Plan Future
Influential entrepreneurs are always ready for the day ahead. The more prepared you are, the more relaxed, confident, and productive you’ll be. Instead of going over your day first thing in the morning, successful entrepreneurs plan their future.
Making a nightly habit of preparing tomorrow’s to-do list, goals, schedule, meals, and even clothes you’ll wear will help you start your mornings with a game plan and ready to dominate the day.
Peter Schoeman is the owner of The Dog Adventure. He shared that planning ahead and ensuring you’re prepared for whatever lies ahead is a critical ritual for successful entrepreneurs.
“The daily ritual that helped me improve my productivity is to plan tomorrow, TODAY. As part of my night routine, I make a list of my tasks for tomorrow and plan how different appointments, meetings, and so on will all be held together. This lets me pack my bag, thaw my meal prep, and overall get equipped for tomorrow when I’m awake and alert. So when I wake up and I’m dizzy and tired I don’t have to worry about it. Give this a try tonight, you’ll find it takes way less time than you assumed, that it provides you some understanding about tomorrow you didn’t have before, and it helps you catch things you might have missed.”