ig Money in Conquering Your Fear:
Here’s How to Do It!
by Matt Theriault
money!”
I will.
learn how to conquer it, the big money you virtually eliminated from a person’s life.
seek will forever exceed your grasp.
Then why does fear still stop us? The an-
Through my own personal experiences swer is simple. Whether a threat is real or
and now through several years of coach- imagined, the mind will not automatically
sight and yours ing others in their real estate investing, I’ve make the distinction. The mind will initial-
come to know fear for what it is 99.9% ly categorize everything as a saber-toothed
weren’t for that
of the time: False Evidence Appear- tiger, and unless you ignore that initial as-
ds between
ing Real (F.E.A.R.). Although sessment and consciously re-categorize
ing is fear.
I can’t think of any fear at the your fears for what they really are... False
s between
moment that I’ve experi- Evidence Appearing Real, you will forever
mak-
enced as being real, I’m fall short of your personal potential. Simply
y you
sure there’s an excep- put, the fear we experience today is strictly
other
tion, so I left the .1% psychological. It’s imagined. It “appears”
un-
open to satisfy that ex- real and dangerous, but it’s not.
m
ception.
If
Whether it’s the lack of time, money,
Fear, literally, is a distressing credit and/or knowledge that’s hinder-
ow to
emotion aroused by impending ing your real estate investing, you’ll want
money
danger, evil, or pain. Fear is a basic sur- to know that it’s not those things that are
imple con-
surmountable, vival mechanism related to the behaviors stopping you. It’s the fear, or the unknown,
of fi ght, fl ee, escape, or avoidance. The around those circumstances that stop you;
capacity to fear is a
And this is our clue as to how
anything? Fear part of human na-
to conquer fear. The “fear con-
within minutes resold them for quick
oday’s
real is
opportunity, but you
ture. This
emotion
queror” is action. Not only will
(and hefty) profits. It was a feast – Dio-
estate
mar-
have
to
know
where
to
both learned and in-
action produce your results, it
nysus style – and there was plenty to go
ket
is
mark-
look
and
how
to
modify
herited;
it
is
a
lesson
money, credit
will conquer and cure your fears.
around. Not since the Great Depression
edly
differ-
your
strategy.
been
passed
d your real es- that has
Conversely, inaction, indecision,
had investors been blessed with so much
it has
been to
on from
generation
r is your prob- ent than
and procrastination fertilize fear
opportunity. Investing in that environ-
past few beginning
years.
For the it last
few years,
generation
d not admit that in the
causing
to grow.
you noticed?
we’ve
millions
of years ago
use fear comes Have
Simply been
put, able
take to action in ment
the meant that your “skills” could
be virtually abandoned. It didn’t take
moved
from
when
humans
initial-
take of advantage
an your fears
s, sizes, names We’ve
face
your fears of
and
ly learned & to sterile
fear the
n’t recognize it an analytical
analytical
and sterile in- much artistry to create a solid income
will
disappear.
likes (more
of saber-toothed
always called market
from flipping houses. On the acquisition
on that
vestment
environment.
But! Easier
said than done,
ke:
side it was a numbers game, and on
in a tigers
bit) to a and
mar- hungry
right?
Indeed. the
But,
there’s an ex-
Remember
days
Matt Theriault ercise
wolves the
(now
can needed
use to make
the disposition side it was as well. The
ket where
skill, that’s
when you
all you
to tak-
what
call impending
ow.
ing
face
of fear easy.
cut and dry numbers is what made the
speed,
and I adaptabili-
do action
to find in a the
deal
was
evil, or will
pain!). The last I checked, Yep, easy. belly
ut there right ty of danger,
Imagine
what
or
analytical. It was sterile because
the investor
up to
the your
MLS, income, market
threat
from
these
beasts
did
not
interfere
your
life
for
that
matter,
would
look
like
if sellers of properties were typically
the
be the baseline for success.
the courthouse steps, or any number of
with my last attempt at closing a deal. How taking action in the face of fear were easy.
faceless entities, most often banks.
online distressed property aggregators
about yours? Probably not, but everyday The sky is the limit!
me back.
Markets shift; they always have, they and analyze
properties that were lying
th other inves- fears that seem just as daunting do.
In the
interest
helping
you for reach Today’s
the
landscape, however, is much
always will, but the determining fac-
in wait, like
ducks
on a of pond,
ready
What is important to understand is that sky, I’m about to introduce to you the
changed. MLS and bank inventory re-
tor for
prospering
through
a
modified
the
taking?
And
boy
did
we
take
them.
A
the vast majority of fears we face cannot “easy” way to conquer fear so you can
s over.
mains low. Previously distressed home-
market
is always the
the evil,
monopoly game never moved so fast.
be categorized
as readiness
impending of danger,
om yet.
take actions that will produce the results
are suddenly finding themselves
investor
to
respond
(not
react)
to
each
or pain. There are few things out there that you desire. I call this easy exercise owners
the
above
water
again. Online investing
shift.
With
every
change
comes
new
We
bought
as
many
as
we
could,
and
will
kill
us
or
cause
us
physical
harm.
As
the word, isn’t
False Evidence Test. When executed with
long
as
we
look
both
ways
when
crossing
ove examples,
Realty411Guide.com
• 2014
reWEALTHmag.com
integrity, PAGE
the 84 test
fl ushes out the false evi-
fear. Until you the street and steer away from dark alleys
Continued on pg. 61
really is and at night, most danger, evil, and pain can be
The Market Has
Shifted! Have You?
T