VDI Insights: Routine
Listen:
-Tim Murphy
Are you stuck?
I know you're stuck because if you're just getting started, the hardest part about going from a W2 job or going from college and trying to be an entrepreneur, trying to be that investor is analysis paralysis.
We've all been there. You can read as many blogs as you want. You can listen to as many podcasts as you want. You can buy as many information products as you want, but at the end of the day, it still leaves you paralyzed, paralyzed with fear, paralyzed with doubt, asking yourself, what am I supposed to do first?
And, and that's the problem because if you don't get started doing something, you'll end up doing nothing.
That's why I wanted to get on today because I want to be the guy that motivates you to get out of the starting blocks. And one of the things that I've found when I get stuck, if I'm starting a new business, if I have a new project that I am just needing to get off the ground, if I'm just going down a new path and I'm not sure where to start, my piece of advice is start a routine.
And what does that mean? Well, time is everything. Our most valuable asset is time. And you need to use your time wisely. Now, usually, when you're starting something new, you have more time than you have money. Now that's not the case for everybody. It all depends. But in the context of being a kid or out of college, like I was broke as a joke in my parents' basement, wondering, okay, I want to do the real estate thing, but what do I do first?
What, what, what's my plan of attack. And I read books and I got information courses and I did all that. But what happened was, and what I realized was I was still sitting there in that chair, just going, man, what do I do now? What do I do first? And I came to the conclusion over the years that you need to create a routine.
Now it might not be the perfect routine, but have a routine and execute on a regular basis. Monday, Tuesday, Wednesday, Thursday, and Friday.
And if you're an overachiever, you might even do Saturday and Sunday. That's what I did when I was young. And you know what? Even I still do it today. I love what I do so much, that it's hard for me not to work every single day. I don't even call it work personally because I love it so much.
If you're living life on your terms, then you want to do it every single day. And that's why you need to create a routine that is developed based on the life you want to live.
You can't sit there and just hope that it happens. Actions start with momentum and momentum is movement and movement starts with you.
So you have to choose to make the move. And that choice starts with creating a routine.
What am I going to do at Monday? What am I going to do on Tuesday? What am I going to do on Wednesday? What am I going to do on Thursday? What am I going to do on Friday?
And I usually tell people start with three to five hour blocks. What am I going to do on Monday for three to five hours? Now, again, I know this is life on your terms and life on your terms is a mix of family, fun and business or real estate or investing or entrepreneurship or whatever it is for you. But to be successful, being an entrepreneur, investing, building a business, you're going to need to invest a minimum of three to five hours a day on that business, on that opportunity that you're trying to grab.
That will put money in your pocket so you can go and travel. So you can be with your family more often.
If you think that everything's just going to come to you and you don't need to put the effort in and you don't need to put in the work, I'm sorry, but it just doesn't work like that. The best things in life come to those who work the hardest and never quit.
And that's why in the VDI resource library, we are going to build out a schedule.
We're going to build out a schedule to help people get started. And then as the Value Driven Investor community gets more and more and more advanced, so does your schedule, so do your responsibilities and eventually you end up leading and being the leader. Let's get started.
