Whether you choose to relax, run errands, or work on something you enjoy, it is up to you. This Saturday I focused on a potential real estate project that hopefully will get finalized soon.
For me, real estate is a lot of fun. Specifically, real estate hits on three areas that are important to me.
#1 Entrepreneurship
For me being an entrepreneur is about creating value for others. The focus is on finding opportunities to solve problems that people will pay you to solve.
As human beings, we naturally tend to avoid pain and discomfort. If you can find a task or activity that people find cumbersome, difficult, or genuinely dislike, then there is an opportunity to get paid to solve it.
When it comes to real estate, people want a comfortable safe place to live. Yet, most people will not go through the trouble of building or renovating a property. Real estate projects present an opportunity to solve someone’s need for housing.
Thus for me, real estate is a form of problem-solving, which is the heart of entrepreneurship.
#2 Investing
The second area of focus is on investing. Utilizing money to work for me rather than me always working for money. There is only one of me, but there’s lots of money in the world. The key to investing well is taking advantage of that fact.
Real estate is a wonderful vehicle where I can deploy capital to work for me. Additionally, real estate offers leverage meaning I can not only use my own money but the bank’s money as well. That is why I am focusing on investing in this potential real estate project.
#3 Creating
Thirdly, is the act of creation. I find creating value and building new things exciting and rewarding. There is something beautiful about creating something out of nothing. It takes seeing a vision of what could be and turning that mental picture into a reality.
When it comes to real estate, that often means creating a place that someone can call home. That is exactly what this real estate project would do.
Real Estate Project
Ultimately this real estate project is an opportunity to satisfy these three areas of entrepreneurship, investing, and creating. While it is still in the early stages, I am very excited about this potential opportunity.
More to come soon!