Letting Go of Control: The Path to Freedom and Progress
Control is a comfort zone that many of us cling to tightly. It’s scary to relinquish control, but in my experience, taking calculated risks to gain more freedom has always propelled me toward my larger life goals.
- Choosing Between Freedom and Control
In real estate, business, and personal life, you often have to make a choice between control and freedom. You can’t have both simultaneously. - The Illusion of Control
When discussing hands-off real estate investments with landlords and investors, the main objection is typically, “I want to maintain complete control over my investments.” However, the truth is, control is often an illusion. -
Personal Experience with Control and Freedom
My own journey with surrendering control for freedom started when my fiancée suggested moving overseas without a set plan in 2015. What began as a two-year adventure in Abu Dhabi turned into a 10-year journey spanning multiple countries with uncertainty at every turn. -
Transitioning from Active to Passive Real Estate Investments
As a landlord with 15 rental properties, I realized I was losing money by subsidizing their management with my time. Transitioning to passive real estate investments through private notes, partnerships, and funds proved to be more lucrative and hassle-free. -
Letting Go as an Entrepreneur
Transitioning from an employee mindset of creating value for an employer to creating value for customers as an entrepreneur requires delegating control and focusing on creating self-managing businesses.
Taking Action Towards Freedom
Inaction leads to stagnation. By taking action, even without a clear plan, you can start moving in the right direction. Roadblocks will arise, adjustments will be made, but progress is only possible when you take that first step.
Control vs. Freedom
Sacrificing control for freedom has been a transformative journey for me. Delegating day-to-day decisions in real estate and business has not only granted me time and location freedom but has also driven financial progress.
Conclusion
As you reflect on your own life, consider where you can let go of control to gain more freedom. Progress often requires stepping out of your comfort zone and embracing the unknown. Surrendering control is a process, but the rewards of freedom and progress outweigh the initial fears.
