Depending on who you are, the phrase "rent is due" can either evoke an emotion of anxiety, fear, surprise, excitement (if you're the owner collecting the rent), or perhaps you're an auto-pay type of person that doesn't let bills provoke any emotions through systematization. Most likely, you have some experience with this phrase and you automatically have a feeling when you hear it. Good or bad, the phrase to me means a few things. Of course, as a real estate investor, there's no business without rental income. The real estate & operational expenses would not be covered and there would be no opportunity for profit (which is an investor non-negotiable when a business risk is assumed). Additionally, the "rent" is due every day in our lives, to achieve the various goals we are after.
"Success is never owned. It's leased, and the rent is due every day." - JJ Watt
I believe in this philosophy wholeheartedly. There have been times in my life where I believed that I could work hard for a period of time, then slack off and reap the fruits of my labor later. While a part of this concept is generally true, I have found that the times of less effort creates a delayed period of less than desired results. Especially in my business of income producing real estate sales, if I am not constantly on top of current transactions, prospecting for new business, building client relationships, researching on and off market deals, sharpening my analysis and negotiation skills, there comes a point to which I could get so overwhelmed that nothing happens at all. In other parts of life where I strive for success such as physical and mental health, personal relationships, finances, spirituality, the rent is additionally due every day. "Paying the rent" daily also creates momentum, which allows each day to get easier and easier.
"Recreate yourself daily." - Unknown
I have made this an ongoing objective for myself - every day is a new opportunity to recreate my health, relationships, friendships, network, knowledge, finances, business and relationship with my higher power. Every day I have made it a priority to recognize the opportunity the day presents to go above and beyond in an effort to live a life that I can be proud of. Each day I can improve my client services, my real estate expertise, my systems and processes, and my efficiencies. We all have days where we're more motivated or inspired than others, but the simple realization that we must re-create what we want daily has been a great motivating force personally.
While in each day, we are called to get after it and "pay the rent" in the various parts of our lives that are important to us, I want to leave you with one final quote that I've found powerful as well. If we are looking to achieve big things in our life, we should remember that life is completely comprised of moments. What is important is that our attitude of each moment remains consciously positive, no matter what we're going through. I believe by adopting that approach, we can build a business, strong relationships, excitement and live a life to be proud of.
“Life is made up of moments, small pieces of glittering mica in a long stretch of gray cement. It would be wonderful if they came to us unsummoned, but particularly in lives as busy as the ones most of us lead now, that won’t happen. We have to teach ourselves how to make room for them, to love them, and to live, really live.” - Anna Quindlen