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The #1 Habit of Successful Real Estate Investors with Jeremiah Boucher (Patriot Holdings CEO)
Manage episode 466307967 series 3404351
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Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.
In this episode:
Seasons and Cycles: The discussion begins with the acknowledgment that life, investing, and relationships go through seasons and cycles, and it's crucial to recognize and work through plateaus.
Consistency Over Determination: Jeremiah emphasizes that "consistency outperforms determination" by explaining that repeated efforts will lead to success rather than sporadic bursts of determination.
Avoiding Distractions: He highlights the importance of sticking to a chosen path without getting distracted by new shiny opportunities, sharing his experiences where diversions led to lost momentum.
Setting Metrics: Jeremiah shares how setting clear and measurable daily metrics, like making a specific number of sales calls, helps maintain focus and drive progress.
Measuring Progress: The use of tools like trackers for health or business metrics can provide accountability and stop the individual from creating excuses about their progress.
Scorecarding in Real Estate: The importance of having a clear scorecard system in place for real estate transactions, which includes prospecting, evaluating, negotiating, and closing deals consistently.
Professionalism and Accountability: Jeremiah stresses the importance of showing up and doing the work whether one feels like it or not. True professionals maintain this discipline regardless of circumstances.
Continuous Improvement: Significance of self-evaluation and consistent improvement to eliminate excuses and foster personal and professional growth.
Building Confidence through Consistency: Consistency in action builds competency, confidence, conviction, and character. By learning to respect oneself through consistent effort, one earns the respect of others.
Are you interested in investing in Commercial Real Estate? Learn more at www.patriotholdings.com
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