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In my field of Real Estate Syndication and investing, I attribute 90% of my success to relationship building skills, people skills, problem solving skills, listening skills, and understanding human nature. I only attribute 10% of my success to technical and financial analysis skills, not because it is unimportant, but because there are plenty of analysis software to make the analysis part very easy. In fact, I wrote proprietary Excel templates, because I feel my templates are better than some of the software I have used in the past. I understand the importance of mastering the analytical skills, but I don’t want to overemphasize the analytical part, because technical and analytical mastery doesn’t make me money in real estate investing. It’s the other 90% that makes me money.
The success ratio may be different for an accountant, or some back room technical analyst, or technical support person. They may be attracted to such back room professions because they lack those 90% skills, or feel more comfortable in a back room environment where they have limited social interactions, and do not need to develop those 90% skill sets. In such back room professions, perhaps 90% of their success will come from just analytical competence. I know my accountant is anal, analytical, and prefer back room existence, as he is not the most social person. I would be bored stiff in a back room environment, but that environment is perfect for my accountant. As the saying goes, “Whatever floats your boat”.
The other thing is honestly assessing what you are great at, since that is usually going to be what you enjoy doing, and are passionate about. I know I’m a front room person, and enjoy the 90% skills described above. Deal making for me is fun! When a deal comes together, especially a difficult one, it’s almost as good as sex. I enjoy what I do, so it doesn’t even feel like work to me.
Find your bliss, find what you are great at, and do it! The back room may be your forte, just like the front room is my forte.