I used to think that you could never learn less, but whilst being applied to listening to ‘experts’, but I’m not so sure now.
My reason for this is rather cynical, I conceded to that, but the logic is based on a reality.
Property: There is and are many ways of getting involved in property and now (2012) there are still many ways and many more being ‘touted’ on a daily basis. To understand these ‘systems’ there are many people that will have you believe that they are the ‘font of knowledge’, and they might be, they might be vaguely knowledgeable, they may be very good speakers but they also may be stealing your time.
We have: Rent to rent, lease options, sandwich options, delayed completion, assisted sale, contract trading (these are a few of the more creative applications) also are you doing standard BTL, houses or flats, student lets, multi-lets, holiday lets, HMO’s, development (there is probably more). None of these methods or applications are easy, none of them can be done without a huge application of time and energy – and that’s just to run the business. If you add into that the time it takes to listen to the ‘bank of experts’, decipher what they say and put it into action, it could be a long time – even with no guarantee that it’s either the right thing for your plan, you can fit it in to your life or it’s legal!
Time is a finite commodity, time cannot be replaced and time belongs to you. An investment in anything dictates time as well as money, and there is nothing wrong with this BUT investing your time in what ‘appears’ to be a clever investment could take you away from what you ‘should/can’ be doing.
One thing is for sure, only you can decide where you put your time, and another sure thing is that some people want to use your time to supplement theirs. The ego of the guru, as insecure as it is, will always want to devour your time.
You can always learn less if what you thought you were learning wastes your time.
N
