I have had successes and failures in life, however, in my early twenties I wrote down that I didn’t want to have regrets. I still wish I could do some things over, however, I have chased my dreams and pursued my passions over the last two decades which includes operating an acting studio and motivational speaking. That is what living a life without regrets is about, chasing our dreams and pursuing our passions.

Whether we are old or young, man or a woman, we can make a choice to not live a life of regrets. I challenge you to write down on a piece of paper what you would like to accomplish in the future and go after it. Your list is just that, yours, and shouldn’t be influenced by anyone else. It could be as simple as exercising, eating better, taking a trip, planning a retirement, or reading a book.

The two most important aspects of living a life without regrets includes:

1. Clearly defining what you want
2. Taking Action

Recently, I defined what I wanted when I retire which includes having recurring revenue. I don’t want to regret not having a plan or being prepared for retirement and that is why we are looking into investing into real estate. I know there are headaches with real estate, however, I also know it is a way to have recurring revenue and a way to build equity. My dream is to have a retirement where my wife and I can vacation, spend time with our family, and not stress about money.

I have also taken action. I have contacted an agent, looked at houses with my wife, and even made an offer (it wasn’t accepted but we made an offer). My wife and I are looking at houses every month hoping to make our first investment soon. I don’t know anything about real estate, however, I am doing my research, talking to individuals who have rental properties and doing my best to educate myself on this new adventure.

What do you want your future to look like? Finally, and most importantly, what actions can you take to make it happen?

Chad J. Willett is a motivational speaker, author, and entrepreneur.