Today, I have achieved a major milestone in my life. After years of studying, faced many hardships and sometimes almost gave up to continue, I finally submitted my PhD thesis on the last day of submission dateline.It was a series of hardworks and still continuing do so. The journey to PhD is still in progress until after the Viva correction. The hardest part in doing PhD is to come up with ideas how to contribute, and how to proceed with related activities. But, the most critical part is do you dare to begin your journey in pursuing PhD.
For people who have not invest in property but thinking to do so, they will face with the same questions. Some people already bought their home. Since their purpose to buy is for personal use, it does not come along with the questions above. When you buy a house for a personal use, most of the questions in your head is does the new house suitable for your lifestyle. For an investor, the house should be bought and hold for a specific time period. Upon achieving the investment goal parameters, the house should be let go. It is the same when I study for my PhD. There is always a time limit in achieving your goals. But it does not mean everybody can or must achieve their goals at the same time period.
Some people decided to pursuing their PhD without thinking it through. Due to their job functions, or jobless or whatever reason, they started to study PhD. This is like buying a property without thinking thoroughly what to do with the property, how to maintain the property and how to prosper with the property. Surprisingly there are still many people who furthering study or buying property with the same mindset. Many of them will be trapped in a situation where they have difficulty to end the situation. This is especially true if they only think to be a property investor after bought and live in the house.In summary, they fail to have multiple plans.
For inexperience people, the most difficult part is to find the best ideas which suite best for them. Simply following other people's ideas or strategy is like repeating previous research works without finding the improvement or contribution which deserve a reward for yourself. Ideas and strategies must be modified whether minor or major to make them suitable for your specific situation. To make it worst, you have to pay a huge price for this common mistake where in both fields you will lose a lot of time. And time is really gold in both of them.
One of the simple way to compensate for your inexperience is to mix with people with similar dreams, wavelength or situation. The more people you can get together, the more probability for success. But as in any field, it is also important to filter out ideas which are not yet ready for you. Ideas can come in many places at weirdest time or while exchanging information with people with similar goals.
There are still many similarity between pursuing PhD and property investment. Since both of them have many similarities, is it possible to achieve both of them at the same time. For me, my property investment really take off after I started continue my study in PhD. Towards the middle of PhD and despite the hardship, I managed to grow my property investment. Hopefully, I can successfully defend my PhD thesis which means I can also reap the benefit from my property investment!
It is always rewarding to do both of them. Why not you?
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