Success in real estate investing is directly dependent on your ability to take action, analyze your results, make your adjustments and take action again. It’ s a sweet little cycle that you use to get rich. A success cycle, if you will. The best way to capitalize on this cycle is to focus on a system that is simple and easy to work, like Creating Wealth With Abandoned Properties. As you begin to work your system of choice, make sure you continue to learn from your results while you finetune and tweak your business. This is how you become a master of your investment system. This is how you get RICH!!
You must stay focused on your goals. I read a book that my wife gave me when we first got together, called the Peak To Peak Principle. This was another one of those lifechanging experiences. I say experience because that’ s what it was. It wasn’ t just‘ reading a book’. It was the experience of learning a principle that could help make me rich.
Here’ s how the Peak To Peak Principle works. Visualize yourself as a mountain climber doing what you do climbing a mountain. If your goal is to reach the top of this mountain, then you’ ll do well to keep your focus on your goal the peak of this mountain. However, if your goal is to conquer other peaks, then, before you reach this peak, you must shift your focus to the next peak. If you don’ t shift your focus, you allow the first peak that you reach to become a plateau. It will take a lot of energy to get your momentum moving in the right direction again.
When you relate this principle to your real estate business, your plateau becomes a comfy little haven where you’ ll find yourself sitting and relaxing. You might eat a sandwich, read a book, or listen to the radio. You might be so comfortable that you decide to spend the night, or the week, or the month, or the rest of your life.
Since you have your momentum going in the right direction, go with the flow. If you apply the Peak To Peak Principle to your real estate business, you can get to your goals a lot faster.
I THINK WE’ VE JUST FOUND THE SECRET TO GETTING RICH!! It’ s a matter of learning these and other‘ wealthbuilding’ principles and using discipline to operate my real estate business under those principles. For the first time, I can see the how of getting rich!
Having the scientific type mind that I have, that just made this revelation even more powerful. I can actually see in my mind’ s eye exactly how I’ m going to get rich! I floated around on cloud 9 for a long time after that. As a matter of fact, I’ ve never come down, and I never will. It’ s almost like having a‘ secret weapon’ that most other investor don’ t know much about. Learning and using the wealthbuilding principles can give you the edge over your competitors.
8. Managing Your Fears. Every human being on the face of the planet has experienced fear in some form or another. I’ d even be willing to bet you that every animal, insect, rodent, and every winged creature as well, has experienced fear. Fear definitely has a useful place in our lives. It’ s purpose is to serve as an early warning system, to alert us about possible dangers so that we can modify our path and create a solution to eliminate the danger. Fear was never meant to scare us into nonaction.
Here’ s an interesting idea. I believe that there is a purpose for every living creature on earth. Beavers build dams, humans solve problems. If you take a careful look around, you’ ll see a whole lot of stuff that was created by the human species. If you look deeper, you’ ll find that the purpose of each one of these inventions was to solve a problem.
It has been said that we learn better by doing, rather than by reading. In other words, at some point, you’ re going to have to get out there and get your feet wet you’ re going to have to get started. I know, I know … It’ s scary. Whenever you launch into something so big and significant that it can change your life, you’ re going to get a little scared. Here’ s a good way to handle your fears:
This solution to handling your fears is so simple that even I was able to master it. First of all, arm yourself with an abundance of knowledge about the situation. Be careful not to overanalyze the situation. You only need enough facts to make an
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intelligent decision. If you have a fear of writing your first offer, you may have to pick up a book, or take a seminar. You might have to make a bunch of copies and practice writing offers. Do whatever you have to do in order to arm yourself with the knowledge that you need. Then, keeping the WIN principle in mind, you simply take action. Isn’ t that simple? It really is. The one antidote for fear is action. Intelligent, systematic action will not only make fear disappear, it can also make you rich.
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