There’s really no such thing as knowing too much about what you’re doing.

When I was in college, I spent my spare time reading about real estate and foreclosures. I didn’t feel it was a sacrifice of my time, because I was interested in real estate; I wasn’t studying just to pass a test. The knowledge I gained on my own led to my first successful investment. I couldn’t have achieved that if I hadn’t spent the time studying on my own.

In college, I also read something that Rudyard Kipling said, which I’ve never forgotten: “I keep six honest serving men, they taught me all I knew - their names are What and Why and When--and How and Where and Who.” Finding the answers to these questions will ensure that your information is comprehensive and correct.

An example of this was from The Apprentice, when my assistants and I interviewed candidates. Sometimes the process went on for hours - one boardroom meeting lasted for over five hours so we could make the most knowledgeable decision possible!

Staying informed is a daily task, and challenge, considering how quickly our world is moving. But not keeping up is like agreeing to check out - please don’t do that. Plug in and learn everything you can. You never know when information will come in handy. If I hadn’t studied real estate foreclosures as a student, I wouldn’t have been able to see the great opportunity that led to my first big success.

Resolve to move forward and to learn as much as you can - today and every day.

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