056: How to Live Your Life with (Minimal) Regret
APPLE PODCASTS | SPOTIFY
You know we love talking about all things multifamily real estate, tax savings, and living your best financially free life. 😍😍
And today, we’re going to continue to do just that, only with a slightly different approach. We were inspired a couple of weeks ago after listening to another podcast discussing an issue we felt was too important to not address with our Cashflow Multipliers Team.
The podcast is called Splendid Table– and yes it’s about food. 🤩🤩
Recently, the current host of the podcast, Francis Lam interviewed former host, Lynne Rossetto. Francis was asking Lynne what she’s been up to since she retired a few weeks back, and her answer stopped us in our tracks. She said part of the reason why she left the show was that she felt like there were things in her life she had “left behind.” Things that she had left behind in the name of building her career, raising a family, and putting those things first.
She had a deep conviction to stop what she was currently pursuing and evaluate what was most important to her while she still had the mental capacity and energy to tackle them. 💡💡 And then we had this sinking realization– was she talking about us? Immediately we started evaluating our own lives and asking each other what we had left behind in the name of a better life, career success, and elevating our platform.
We have a feeling we may not be the only ones who have been so driven by this hustle culture that we haven’t stopped long enough to think, “what and who are we doing this for?”
This is why we’re taking this episode to dive into things that can be hard to talk about but are necessary for the overall well-being of not just ourselves, but our friends, families, and loved ones. While we’re all about chasing dreams, none of this means anything if sustainability of your emotions and protecting the relationships you value most are not at the center of your why. ✨✨
Success is a double-edged sword and in this capitalistic-driven society, the values of securing the bag and buying into the grind culture are often celebrated over family unity, rest, and knowing your self-worth. If we’re not careful, that sword can easily turn around and cut us. I mean, it’s not like Nan and I are out here making what we can of ourselves in the name of just us. We have friends we want to celebrate, family we want to see retire well, and secure generational wealth for our fur babies! Of course, we can be so lost in the work we forget our worth. 😞😞
Okay, time for a challenge. Sometime this week, sit down with your calendar 🗓 and evaluate what you see. How many hours 🕰 are dedicated to working? How many are dedicated to family? And how many are dedicated to resting and having fun?
In a week, there are 168 hours… within those hours assuming you sleep 8 hours a night you are awake for 112 hours. How many of those hours are dedicated to your job? Probably more than you’d like to admit. Are all the activities you have during the week important? And here’s the kicker, what have you said no to or neglected that got left behind in your schedule?
We know, it’s not fun to think about. No one wants to be the parent that can’t make it to the game, or the friend that’s always canceling on drinks because you have too much work to catch up on. 😨😨. I can already hear the Cashflow Multipliers asking us “but you guys always preach about making a living in order to live– so we can’t just stop working.”
Trust us, we’re not telling anyone to quit everything now and have your “Eat. Pray. Love.” moment.
Unless you’re really into that idea and have a big dream to do so. We’re not naive to think people need to stop working– you have families or yourselves to take care of! 🙌. What we’re proposing is that in order to avoid burnout, and not feel like any moment is wasted, you need to plan your escape today so one day in the near future, you can say you’ve taken care of those things that got “left behind.”
We can’t go back in time ⌛️ – but we can start working on our present to make up for what we lost– or rather, what we’re afraid to lose. Today, we’re going through some next steps and ideas to get you to the place where your sacrifices are not in vain.
Capacity ≠ Time
If you’ve been a part of the Cashflow Multipliers Team for a while, finish this sentence. Do not trade your time for – MONEY! 💰💰 You must create the mental and physical space that allows you to start earning your income without trading your time or energy for dollars. Creating capacity does not mean carving out more hours in the day to get things done. It means using your time resourcefully with the same hours given to all of us.
Be honest with yourself, what are the tasks in your job or in your everyday life that are eating up your time and energy that leave you more unsatisfied with your life than ever. Maybe it’s the commute to and from work, or being stuck in a job where you feel uninspired. At the end of it, you feel frustrated with unfilled dreams and desires on the table. 😢😢
Here is where leverage comes in, and we’re speaking about your time, not debt. You want to leverage the precious time you do have to build investment strategies that don’t require your personal time in order for it to succeed. Of course, you can choose our favorite way to do this, which is through multifamily apartment syndication. 😊😊. Multifamily apartment syndication does not add more hours to your day, but it does help your overall capacity by working with a team of experts on your behalf, letting your money grow while you sleep, and spending minimal time in meetings.
Leverage your time to work smarter, not harder. And we know this is easier said than done, especially when it seems like everyone is in demand of your attention. ✨✨
“No” is a Complete Sentence
Setting boundaries is a gift to yourself. When you protect your personal time, you’re protecting more than hours in a day, but your emotions, physical, and mental state. Some of you are used to working 10, 12, 14 hours days! Going from being available 24/7 all year round to working on your time in your set hours can definitely feel like a hard adjustment. 😉😉
We know some of you out there might be thinking “mmm, not me. I can adjust pretty fast to a schedule I set for myself.” We wish that was the case for us. Learning one little word, no– was harder for us than getting a grasp on net calculations based on location metrics.
Over time we learned that by saying ‘no’ we could say ‘yes’ to greater opportunities, and that was the best thing we could have done for ourselves, and our careers. 🙌🙌. Setting boundaries does not make you weak, it makes you focused.
When you say “yes” to too many things, you’re inevitably saying “no” to other opportunities that have the potential to be even greater. Remember this, no is a complete sentence.
What are ways you can incorporate your own boundaries that can keep you from overworking yourself and hitting burnout? Maybe don’t take work calls past 5, set an out-of-office alert to anyone who emails after working hours, or say “no” to projects and investments that you know won’t advance your career.
For those of you who have started on your passive investing journey, you’re usually so passionate and on fire that you become obsessed with that euphoric feeling of winning. It’s literally a chemical trigger in your brain that makes you want more. More success. More winnings. More money. 💰💰 But maybe that’s just us, but we doubt it! The feeling of success has to be one of the most addicting feelings out there. You’re on a streak, deal after deal, proving to everyone who doubted you that you can do this.
Of course, when we started out, our main motivation was not to prove people wrong, we weren’t out to break necks– just cash checks!
The journey can be mind-blowing, but also hard. In those early days, we were seeing red and were so focused on winning. There was no sign of us slowing down. The two of us were like a freight train, gobbling up every webinar we could get invited to.
We were tempted to say ‘yes’ to just about every partnership and investment opportunity that we became obsessive, and at times, disheartened when we didn’t win a new deal.
Honestly, it was just as bad as heartbreak 💔 , moping for days, and plenty of trash television and take-out to numb the loss. Looking back, that should have been the first red flag we were in maybe a little too deep.
One of the worst things you can do is say “yes” to a bad partnership that drains your energy ⚡️ rather than inspires you– which is what almost happened to us. We became scary close to the wrong partnership. When this happened, we struggled to look at what our time was worth.
We were so tempted to say “yes” to just about anyone because we were afraid that one day, no one would approach us to be a part of their team? The experience of almost joining the wrong partnership and hitting total burnout scared us straight to really recognize that saying yes to good enough is not honoring the greatness that’s within you.
Focus on the Best and Drop the Rest
For some of you, delegate is a four-letter word. Take time to rest? Sure. Work on investments that make money in my sleep? Can do. Leave my work to other people and trust they’ll do the job? Never.
We know there are a lot of type A personality types… who listen to this podcast, and hi, you’re listening to two of them right now. We know your people because we are your people, and we like to grab life by the horns and gain control of every situation because we’re simply convinced, we can do it better.
However, as too many of us have learned over the years that simply isn’t true. Not only will you burn yourself out and feel miserable, but you most likely won’t ever achieve the level of investment success you could have if you delegated that role to a team of people who are experienced. Trust us, experienced people are your friend, and they want to help! 😇😇
Create Your Not-to-Do List
We all have a To-Do list 📋, mentally or physically, and have a series of accomplishments we need to make each day. While knowing what to do in a day is important, knowing what not to do is equally as important. We seldom take an inventory of the things that are filling up our plates that no longer serve us, or we keep putting off.
We all have an overflowing To-Do list, but knowing what not to do can save you more than time, but your sanity as well. How do you know what things to put on your Not-To-Do list? Easy, look at your To-Do list and identify the tasks that are draining your energy and stealing your joy.
➡️ Can some of these tasks be delegated?
➡️ What actions can you do today so you can slowly move those tasks off your plate?
➡️ Who do you know that can help, and frankly, could be better at that task than you?
Don’t Be Left Behind
In case you haven’t caught on by now, this topic is a passion of ours. Of course, we love talking about the details of multifamily apartment syndication, investing, and helping you build a financially free life. However, all of those things mean nothing if you’re not in a place where you’re creating capacity, thriving in your boundaries, delegating, and prioritizing.
Trust us, your future self will thank you. By taking these actionable steps today, you’ll eventually find yourself with more capacity to live your life in a way that ensures you don’t have anything “left behind.” 😌😌. We love this part of the week, and being here with all of you! If you haven’t already, follow us online, @thekittisisters on Instagram, and of course, listen to previous episodes, download some cool freebies, and start investing with us on our website, thekittisisters.com
Until next time, Cashflow Multipliers! 😘😘
GET ME ON THE KITTI FREEDOM CLUB
………..
Rate, Review & Follow!
“I love Cashflow Multipliers.” ◀️ If that sounds like you, please consider >> rating and reviewing our show! This helps us support more people — just like you — move toward the financial futures that they desire. Click here to let us know what you loved most about the episode!
Also, if you haven’t done so already, follow the podcast. We’re sharing the best tips, tricks, and secrets in owning your own time so achieving financial freedom early and permanently becomes easier. Follow now!
Comments +