In this episode of Daily Drip, brought to you by The Multifamily Mindset, Dallas Pruitt emphasizes the value of the price you must pay to achieve success.
It’s true that most things are harder in practice than in theory, but it is because people tend to be overconfident and fail to identify what the price of success is. It prevents them from being able to pay that cost, and they find it harder to move from theory to action. The price of success is high in terms of valuable currencies like effort, time, focus, attention, collaboration, learning, and energy. The best way to succeed is to carefully identify the cost you must pay for it and diligently commit to paying that cost.
As Dallas says, “the greatest things in life take two things – they take sacrifice, and they take discipline,” you must be willing to make sacrifices when needed and stay focused, whether you want to be a better investor, parent, or business owner. You have to overcome self-created roadblocks to your growth.
To achieve the future you have envisioned for yourself, you must look at the bigger picture. Think in abundance and pay what you must to increase your ROI. Be aggressive in action and work as hard as you can. Don’t passively engage in watching others.