What’s not admitted is how different we all are in organizational capacity. And how resistant or defensive we may be against allowing technology to replace our legacy brain processes, for fear of loosing “control”.
In real estate practice this is a “biggie” in terms of aspiring to, visioning, creating, implementing, measuring, revising protocols for the purpose of seeing business opportunity in the context of self and self worth.
I’ve spent 5 years working this out, and finally in 2022 have come to the “gates of action”.
Have you been on this journey too? What have been your stumbling blocks and solutions you’d care to share?
Some tips: How to be successful while juggling both/all careers
1. Pick which is the dominant, which is the subordinate career in terms of resource allocation and leverage. Use a “scoring system” to validate your choice
2. Open up to seeking assistance, of intellectual caliber and sensitivity, to be your “external review”, where leadership, organizational, creative and technology experience can be safely explored.
3. Identify the stresses and resource burn rate of each endeavor…protect your mental and physical health
4. Create a project time line. You don’t want to sell your time for money forever. At some point theses multiple endeavors need to become “exponentially additive” not “linearly rewarding”
5. Itemize and clearly understand your cost of doing business in each endeavor (pre-tax). Your net net yield is after the time cost, resources cost, missed otherwise opportunity cost and taxes. You may be grinding away for less than Uber pay…that’s not sustainable
6. Keep a clear eye on well deserved effort:reward balance and work:life balance. These are critical life physiology, and effect relationships, sleep, happiness
7. Don’t do everything yourself! Collaborate, gain share. Do the elements of the process that you do best and that give you joy, and find resources and colleagues to do the best, with the quality control that you insist of yourself!
Let’s Talk!
Let’s Talk! The entirety of living and working priorities and decision-making is shifting. It’s an amazing time to thinker colleagues to build by collaboration. Let’s connect and talk real estate business development.
david.reis@yourdoseofrealty.com
Phone
(203) 980-6811
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