Change Your Life 1 Day at a Time: the Seinfeld Method
How to use the "Seinfeld Strategy" to achieve big goals in real estate, business, and life.
Hey Friends,
Welcome to “Unfollow the Herd” where I share actionable tips about wealth, real estate, and mindset.
In today’s newsletter, I’m teaching you how to reach big goals one day at a time using the Seinfeld Method.
Read time: 3 minutes
Achieving financial freedom with real estate feels impossible when you’re starting out.
But the Seinfeld Strategy offers a proven method for chipping away at big goals with consistency.
The Seinfeld Strategy
The Seinfeld Strategy comes from Jerry Seinfeld's personal method for success.
In an interview, he revealed that his secret to consistent productivity was to write jokes every day, marking an 'X' on his calendar each time.
This created a chain of X's, and his motivation became to not break this chain.
A simple (but powerful) concept.
How to Apply It to Real Estate Investing
Marc, what does this have to do with real estate?
Everything.
To do your first flip, rental property, or wholesale deal…
You’ll need consistent daily learning and action.
Here’s how to apply this method:
1. Identify Your Goal
Start by clearly defining your real estate investment goal.
It might be:
owning a certain number of properties
financial independence by a certain age
earning a specific amount of passive income per month
2. Define a Daily Action
Next, determine an action that you can do every day that will move you closer to your goal.
If your goal is to increase your real estate knowledge, your daily task might be to read a real estate book or listen to a podcast for 30 minutes a day.
If your goal is to buy a property, it might be to research one potential property each day.
3. Get a Calendar
Either a physical or Google calendar where you can mark each day when you complete your task.
Watching a chain of X's grow each day will help keep you motivated.
4. Don't Break the Chain
Every day you complete your task, add an 'X' to your calendar.
Your goal is to keep this chain of X's going and avoid breaking it.
The longer the chain gets, the more you'll want to keep it going, ensuring consistent progress toward your goal.
Tips for Success
1. Start Small: Make sure your daily task is achievable, even on your busiest days. It's better to consistently complete small tasks than to occasionally complete larger ones.
2. Consider a Rest Day: Some people find that scheduling a regular rest day prevents burnout. If you need to, don't consider taking this day as breaking the chain.
3. Reward Progress: Give yourself a reward when you reach milestones like 30 days without breaking the chain. This can boost motivation.
4. Be Kind to Yourself: If you do miss a day, don't be too hard on yourself. Simply start your chain again the next day.
This strategy leverages the power of habits to help you build long-term wealth.
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