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Drowning in Data? The Importance of Focus in a World of Information Overload

Information is power, but in today’s world, we’re facing an unprecedented data deluge. According to Domo’s Data Never Sleeps 10.0 report, global data creation is exploding, projected to reach 181 zettabytes by 2025. Just consider the activity every minute: millions of Google searches, hundreds of hours of YouTube uploads, thousands of Instagram posts and tweets.

While access to information can fuel innovation, the sheer volume can be overwhelming. The key is focus and discernment. In a world of constant digital noise, the ability to filter out distractions and focus on what truly matters is more critical than ever. This means:

  • Prioritizing relevant information: Don’t try to consume everything. Focus on the data that directly impacts your goals.
  • Developing critical thinking skills: Learn to evaluate information sources and identify credible insights.
  • Creating boundaries: Limit your exposure to unnecessary information and create dedicated time for focused work.

In a world of data overload, focus is your superpower. And that is how you win the day.

Humans are underrated
Humans are underrated

* A zettabyte is a measure of storage capacity and is 2 to the 70th power bytes, also expressed as 1021 (1,000,000,000,000,000,000,000 bytes) or 1 sextillion bytes. One Zettabyte is approximately equal to a thousand Exabytes, a billion Terabytes, or a trillion Gigabytes. Do the math – old math or new math; that’s a lot of data.

Beyond the Blueprint: The Wright Brothers’ Flight to Innovation

Orville and Wilbur Wright didn’t wait for permission to invent the airplane. They didn’t have a pilot’s license, which wasn’t even invented yet!  They had creativity, passion, and persistence—the very same qualities you need to achieve your own goals. What dream are you waiting to pursue? You don’t need anyone’s permission but your own. And that is how we win the day!

PS: Another one? Bowerman (Nike) invented the iconic “waffle sole” using his wife’s waffle iron!

Fly
Fly

Stressful Times

These can be stressful times with uncertainty in the marketplace… it’s tempting to adopt a fixed mindset and become reactive.

Here are a few simple tips to consider for keeping a growth mindset despite the current situation. Ask yourself:

”What does this make possible?”

“What new creative value can I provide?”

“What’s the highest and best use of my time right now?”

“Who do I need to reach out to that I’ve not connected with for some time?”

“What if?” “Why not?”

Ambiguity
Ambiguity

 

Leave Nothing To Chance

It seems in business, there are two approaches:

Those who are prepared and those who are not.

A commonly observed trait of peak performers?

Leave nothing to chance; always be prepared.

Anticipate, and prepare, the 6 key questions:

  • why;
  • who;
  • what;
  • where;
  • how and
  • by when?
Leave nothing to chance
Leave nothing to chance

Do You Know The Way To San Jose?

America’s happiest cities. Researchers for decades have studied the science of happiness and concluded that some of the key ingredients include: a positive mental state (a growth mindset); strong social connections; job satisfaction; health, and financial stability. One study suggests the incremental amount of happiness stops at around $75,000 of annual income.

WalletHub examined every state and 182 US cities using 30 criteria and created a list of the happiest cities.

The Top 5 Overall Result: 

  1. Fremont, California
  2. San Jose, Californina
  3. Madison, Wisconsin
  4. Overland Park, Kansas
  5. San Fransico, California

For Community The Top 5 Result: 

  1. Freemont, California
  2. Scottsdale, Arizona
  3. Cape Coral, Florida
  4. Port St. Lucie, Florida
  5. Nashua, New Hampshire

Many factors affect our happiness, so the study included a panel of experts who commented on various aspects of happiness, like:

  • Can money buy happiness? No. The consensus: it’s far more important to have a sense of purpose and a way to give back.
  • Does happiness increases or decrease with age? Yes. The consensus seemed to be a trend of more happiness in younger and older individuals and less in the 40 and 50 age group! Maybe the burden of providing for the family?
  • Does where you live influence happiness? The consensus was yes with a footnote. So research suggests it’s not about the place, but the match between the place and who you are as a person combined with the family and friend connections.

I’ve lived in 8 states (VA, CO, TX, KY, OH, MI, CA, and MN) and 10 cities, and what I’ve found? Grow where you are planted! Every city, state, and region has a history, a story and a community. As I recall, Abraham Lincoln said it best:

“You are as happy as you choose to be.”

 

What is measured improves.
What is measured improves.

The Ultimate Secret

Do it until… is the most common denominator for success in anything.

Some of us learn fast, others slowly, and many of us in between. When you are committed to the cause, the effort, and the result, “you do it until ___.”

Fill in the blank; you do it until you gain mastery; you do it until you have confidence; you do it until you are the best!

The common denominator is “I did it until I got it!  It doesn’t matter how long it takes.” This is a great growth mindset.

You don’t know how long or short it will take to become an expert, yet if you keep doing what needs to be done – one day at a time – one hour at a time – one minute at a time, one second at a time – eventually all those seconds add up to minutes and minutes add up to hours and so on.

It’s not about how long it takes – if we keep doing what needs to be done – eventually, we get there, and we win.

Do it until ____!

#WinTheDay

Find a way when it appears there is no way
Find a way when it appears there is no way

Three Steps To Creating More Certainty In Your Real Estate Practice

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” ~ Stephen Covey

Have you ever worked backward from Friday? At the end of the week, imagine you are sitting down and looking back…what would make this week great?

We can’t control the market this week, yet we can control the daily activities that lead to our expected outcomes.

I’m sure you would agree – without a doubt – we are in uncertain times. The paradox is this: we need both uncertainty and certainty in our business. Yet, from the conversations I’ve had this week, we have more uncertainty than certainty. How can we create more certainty?

Get Clear On What You Really Want.

You know this is really clear when your purpose resonates and moves you emotionally.

Make It Part Of Everyday!

  • Create a daily action checklist and follow it
  • What’s the ONE routine you must do every day to win the day?
    • Example: P.E.D.S.
      • Prayer
      • Exercise
      • Diet
      • Sleep
    • What are the one or two activities that move the needle?
      • Marketing that creates NEW appointments
      • Building and maintaining relationships
      • Servicing existing clients and prospects
      • Anticipating and solving problems BEFORE they arise
      • Completing that project
      • Closing open loops
    • Is it all in your calendar?

Have a strategy for when you feel stuck or lost.

  • “If I don’t do this, this is what it will cost me,” or
  • “If I do this, then this is what I can gain.”
  • I don’t feel like it” can be turned into “I’ll do it anyway.”

If you show up for the day with no structure in your calendar and decide to do “urgent” tasks like returning calls and texts and checking Facebook, those activities will expand and eat up all the time you hoped to devote to more “important” activities. You will end the day unfulfilled and have more uncertainty. Get clear on what you want, make it part of your everyday routine, and have a plan for when you feel stuck or lost. That is a winning formula.

The key is not to prioritize what’s on your schedule but to schedule your priorities.

The key is not to prioritize what's on your schedule, but to schedule your priorities.
The key is not to prioritize what’s on your schedule, but to schedule your priorities.

Has anyone seen a home seller?

Has anyone seen a home seller? Home sellers seem to be just about as rare as the Condor (unlike the red-tail hawk on my fence this morning).

Inventory of available homes for sale across the US fell another 2.5% this week, the lowest since 2019. This is the time of year when we traditionally see more homes coming on the market. Yet, according to Altos Research, there is no indication of an inventory surge coming into the market. Say what?

It is a supply-constrained market. Consumers are price sensitive to interest rates – now near 7% – and it seems sellers sitting on 3% mortgages are not motivated to trade up or out.

The result? 20% fewer homes in the pending process compared to a year ago. Only about 31% of sellers are needing to reduce their initial list price. The median price of new listings is up, yet not near the pace of increases we saw just a year ago. Rents appear to be stabilizing and slowing at the median level of $2,200 per month.

Check out the charts on this link – you can type in your local zip code.

If you are looking for an agent to explain local real estate trends – I know a few all over the US, shoot me a DM or text.

Source: Altos Research US for the week ending 3-5-2023.

Inventory Trends
Inventory Trends

Ten Excuses

Ten excuses the top 1% all made, yet figured out a way to bust through:

1. I don’t have time

2. I don’t have the money

3. I will try it next year

4. I don’t have enough data

5. I am too tired, skeptical, or biased

6. No one ever did it before

7. It’s too much work

8. I could fail

9. I will wait until I retire

10. It’s too risky

You can bust through too. One of my associates told me all of these “excuses” are rooted in some sort of fear, so really the top 1% are masters of fear.

Fear or faith?
Fear or faith?