First Rental Property

In the words of the Great Vince Lombardi:

“Perfection is not attainable, but if we chase perfection we can catch excellence.’

In 1959 at the age of 45 years old Vince Lombardi accepted the position of Head Coach and General Manager of the Green Bay Packers of the National Football League. In the previous season in 1958, Green Bay had lost all but 2 of it’s 12 games (with one tie and one loss).

Lombardi created an absolutely punishing training regime and demanded absolute dedication from his players. As a result of this change, the 1959 Green Bay team was a significant improvement finishing with a 7-5 record. 7 wins and 5 losses.

In his second year, Lombardi led the 1960 Green Bay team to the NFL Championship game against the Philadelphia Eagles. However, in this big game Lombardi’s team came up short within the final minutes of the game, and ended up losing to The Eagles.

Lombardi was outraged at the defeat and vowed that this would never happen again under his command. This turned out to be Lombardi’s first and only loss in the post season.

Lombardi went on to accomplish an incredible record of 105 wins, 35 losses, and 6 ties as a head coach, while never suffering a losing season. This equated to a .750 winning percentage.

Lombardi led his Green Bay team to a still unmatched 3 consecutive National Football League Championships in 1965, 1966, and 1967, winning the first 2 SuperBowls and solidifying himself as arguably the all time greatest NFL coach in history.

Players under Lombardi’s command became winners primarily due to two reasons.

1) They had a strategy

Lombardi taught his players to start thinking like winners. In order to reach the next level as a Football team, the players needed to start thinking differently and start behaving differently. Lombardi taught that winners have a strategy and don’t get distracted by things that are unimportant. Part of a winning strategy is the dedication to always hone one’s skills, Lombardi would teach.

In addition to teaching the importance of having a strategy, Lombardi also spoke of:

2) Being consistent

Winners consistently execute towards their strategy. Practicing the same tasks and the same drills over, and over, and over again is what helps to create a winning mentality. Winners never lose sight of their objective because they are constantly focused on it. Consistency is the key to success.

[youtube]http://www.youtube.com/watch?v=w4kWiRjLbGQ[/youtube]

As an aspiring real estate investor, it is vitally important that you as well have a strategy and that you are consistent.

Your strategy can simply consist of a time line that you have committed to yourself in which you are going to buy your first rental property.

If you have committed this, you then have to be consistent in executing towards this strategy.

Consistent execution can consist of things such as building your team of professionals around you that will be helping you with the purchase of your first rental property.

Consistently work towards finding a suitable Realtor, Mortgage Broker, Real Estate Lawyer, or Real Estate Mentor.

Have a strategy and be consistent. If you do this, you are setting yourself up for success!