Real Estate Investor Magazine South Africa May 2014 | Page 20

COVER STORY
As there are outer laws of money there are inner
laws. The outer laws include things like business &
knowledge, money management and investment
strategies. They are all essential for success but the inner
game is as important or if not more so.
Your money blueprint is important. We have all
heard of people who have blown up and lost all their
money overnight. On the outside it looks like bad
luck, downturn in the economy, a bad business partner
or bad decision. On the inside it is another matter and
if you are not ready for it you can lose it all says T Harv
Eker Personal Development Specialist in the inner
game of wealth.

Ken McElroy
beginner to deal with. They assume that because they
think the investor is sinking a lot of personal cash into
it when, in truth, a larger deal stands to make a larger
sum for the participants. Therefore you may be able to
get more backers for a deal like that. In the end, you
may put up less personal money than you would have
on a smaller deal.



Many investors start with nothing and as a result feel
that they cannot be successful or even have the ability to
invest. The power of compounding interest was Albert
Einstein. Small amounts of money can be invested your

Real estate investment is just like anything else you
want to learn how to do and you have to learn how to do
it and you only learn by doing. Get out there and look
at properties, visit cities as though you were intending
to buy. Go online and read about specific areas. See
what other people have to say about the real estate in
a particular area. Get to know people in the industry.
Before long, you will know enough to begin thinking
about actually making a move. You don’t have to have a
wad of cash in hand before you start playing the game.
McElroy says, “ Just get out there and enjoy yourself.
The rest will come.”
PROPERTY INVESTORS WITH RIGHT MINDSET ARE:
1. Eternal optimists
2. Entrepreneurs in charge of their own destiny
3. Adventurers
4. People with high integrity
5. Constantly working on the development of

their mindset
6. Goal setters
7. Action orientated

wealth can grow beyond your wildest imagination. If
you invest and don’t spend it can explode.
Research has shown time and again that lottery
winners land in up to their original financial state
almost 90% of the time despite the size of their
winnings, as they are comfortable.
The opposite occurs for self-made millionaires who
make their wealth back very quickly in a relatively

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May 2014 SA Real Estate Investor

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