3 Pillars 5 Friends 1 Vision



3 Pillars 5 Friends 1 Vision

January 18, 2025

3 Pillars

A while back I wrote about what I consider to be the 3 pillars of real estate investing. Turns out they are also the 3 pillars of just about every other kind of small business. Here they are.

1. Relationships

Real estate is a relationship business. It doesn’t matter if you’re an agent, a broker, an investor, a developer, a lender, or whatever. It’s a business that absolutely requires you to build relationships. Relationships get things done in business. All businesses, not just real estate. And you get to choose those relationships and whether or not to pursue them.

2. Making Decisions

You have to be able to make decisions in real estate and business in general. So many people simply cannot make a decision. I’ve seen people stand and stare at a coffee shop menu unable to decide what to get. Here’s a clue. Your choice of coffee is not going to change the world. Just pick one. It’s the same with buying properties. Some investors will take weeks to analyze a property and still can’t decide to buy or not to buy until eventually someone else makes the choice for them. Another buyer will snatch it up and run with it. You can choose to be a decision maker. Making decisions takes practice but you can do it. You have to be intentional about it.

3. Mindset

To be a real estate investor or any other kind of business owner (yes real estate investors are business owners) you need the right mindset. There is the employee mindset and there is the investor or business mindset. The person with the employee mindset thinks “I can’t afford to buy a business or a property. That’s not for me.” They just want a paycheck without the risk. A person with the investor/business mindset thinks “How can I afford that? How can I make this happen? I’ll find a way.” Think about the people you know who own a business and those who work in a job that they probably don’t even like. You will notice a huge difference in their attitudes, their beliefs, and their lives.

5 Friends

Jim Rohn always said “You will be the average of the 5 people you spend the most time with.” Think about your 5 people. Friends, family members, coworkers. If I looked at the 5 people you spend the most time with would you be just like them? Is that a good thing? Or would you rather be like 5 other people? And by the way, you do get to choose those 5 people. So why not choose 5 people you would want to be like?

1 Vision

This is what ties everything together. Your 1 vision will determine your mindset. It will determine what relationships you create. It will determine the decisions you make in your life and whether you are capable of making them. Your vision will determine who your 5 friends are. Some will fit into your vision and some will seek to destroy it. It will determine your financial momentum.

Do you have a vision?

Special thanks to:

Momentum Lifestyle Leadership Academy for sponsoring this newsletter. Momentum Lifestyle is a leadership coaching and training community focusing on leadership, self leadership and communication. Communication issues and conflict within a team can bring down a company. We find the simple solutions to those problems for your business whether you are a small or a large team. Join our private community here: https://momentumlifestyle.com/

That's it for this time. See you next week!

If this newsletter was forwarded to you and you would like to subscribe to receive your own weekly issue delivered to your inbox, Click Here

Click here to listen to the Financial Momentum Podcast

Momentum Lifestyle Network, LLC 200 University Blvd #295 Round Rock, TX 78665
Unsubscribe · Preferences

Paul Ary | Financial Momentum Newsletter

Join me in The Financial Momentum Newsletter where I discuss ideas and tools to build momentum in your business and life. I talk about how you can create a high income retirement, escape from your job, boost your business and build wealth.

Read more from Paul Ary | Financial Momentum Newsletter
West Texas Sunset

Opportunities In West Texas June 28, 2025 This week I’m writing from west Texas. I’m in the Permian Basin meeting with a friend and real estate investor client to look at properties. Why go to west Texas to look for real estate investments? Opportunity. First, I believe Texas is probably the best state for real estate investing. The tax situation, the political climate, the incredible growth, and the pro-business attitudes all combine to create a an amazing investment atmosphere. This is not...

People Friction June 21, 2025 We recently took a survey of business owners at a business expo in the Dallas area. We asked what the biggest challenges were for their business. The top two answers were: Owner Reliance: The owner did so much of the work that the business could not run without the owner. Read my earlier article on that topic here. People Friction: There was always some kind of problem between the employees, with the employees, or between the employees and the owner, etc. The...

A Week With Grandkids-And Other Business Lessons June 14, 2025 This past week we had grandkids staying at our house. Without parents. Just us. Yeah. A week with two children, 7 and 10, 24 hours a day for seven days. Here’s how it went. Drive a 7 hour round trip to pick them up. A day at the splash pad. A day at the park. A day at the museum. A day at the zoo. Endless episodes of Phineas and Ferb. Shopping. Trying to guess what they would eat. Then a sad 7 hour round trip drive to take them...