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I just try to start doing a simple example of whatever I want to learn, and after I realize all the things I don't have/know that I need, I start to build out a
by awillen 7y ago
I just try to start doing a simple example of whatever I want to learn, and after I realize all the things I don't have/know that I need, I start to build out a more organized framework.
For example, a few years ago I had the vague idea that mortgage rates were low and investing in real estate was a good plan. I didn't know where to start, so I just started looking at listings. Quickly realized I'd need an agent to get more detailed info about the properties I was interested in and to make offers, so I Googled "Buyer's agent <city>" and found the local association of Realtors. From there I found an agent who owned similar investment properties to what I was looking at. Once he started getting me more detailed information about properties, I realized I didn't know how to analyze profitability well. Talked to my agent and read books/articles until I could build a basic model with appropriate assumptions. So forth and so on until I bought a property.
I think it's often too challenging to build a plan on how to learn something if you're starting from scratch, so just picking an obvious starting point and doing _something_ is a good way to build momentum and learn a little bit that you can then build on.