Do you realize how powerful your mind actually is? You can essentially convince yourself on anything and you don’t have to be a mentalist to do it. I can bet if you are struggling for success and wealth you have not ‘re-programmed’ you minds’ switch from its default of failure.
“That’s crazy” you’re probably thinking – he’s finally flipped. But I’ll debate that I know this is true because as I move along in my own new Real Estate investing career I ‘test market’ everything before I write about it.
THINK, and Ye Shall Receive
I know that so many people think simplicity in anything can’t be true because if so, everyone would be doing it..but really all I did to begin changing my wealth and success was THINK logically.
“That’s it Joe? Really, what else ya got?” Am I right in assuming you are thinking this?
Hear me out – MINDSET is driven from everything your brain does naturally you just need to learn to control it. As current student of the Authority Formula taught by one of my coaches Greg Habstritt, we were recently introduced to the Triune Brain Theory which basically suggests the human brain has evolved into three integral parts: physical, emotional and intellectual. I won’t get into the details , but if you are interested in learning more you can go here .
Why am I telling you this and what does it have to do with Real Estate investing? I’m going to once again draw from my personal experience to prove how our brains make us believe anything we want.
The Brain’s Survival Mode
Two weeks ago my six year old daughter was knocked over at school and hurt her shoulder. She had full functionality but as a precaution I took her for x-rays.
Even though we were on the ‘stat’ list (that means immediate feedback from the doctor) we only received the results a week later – fractured collar bone. Nice…thanks for the speedy diagnosis.
Now all week long my daughter is playing normally, running around giving mommy and daddy big tight hugs and everything. The moment we told her she needed to wear a brace and had to be a bit careful such as staying inside at recess, refrain from soccer and dance, her arm suddenly became powerless. She stopped using her arm terrified of it ‘hurting’.
I don’t want to downplay the emotional part of this ‘trauma’ for her but this is the important part – Her MIND (the physical part) went into ‘survival mode’ & wanted to protect her to make her feel safe. It “defaulted” to the basic human function. I understand this may not make sense to you if you are unfamiliar with the triune brain theory but the point is how her MIND told her to react to the situation and she responded by using her other arm for things. This is even after I was telling her ‘intellectual’ brain “just use your arm the same way you were yesterday, nothing has changed – this is just to help you heal better.”
I found her ‘mind-switch’ fascinating and totally related this experience to how people make Real Estate investing and financial decisions. Every one of the highly successful people has learned to understand and control their mindset to create wealth. To invest successfully in Real Estate you must change your MINDSET.
I know this because I remember my own challenges and thought process, but I talk to people every day about investing & see the triune brain parts always at odds with each other. The fence sitters and the non-action takers are using the emotional and physical ‘survival’ part of their brain to make decisions. Wrong ones in my opinion.
This emotional element to Real Estate investing is also prominent with novice current Real Estate investors whom have a decent portfolio, but all of a suddent freak out because of what they just saw on television or were convinced the market is headed for disaster after talking to someone at the office holiday party. They ultimately let their emotions decide their fate and soon after investing (maybe one, two or three years) decide to give up.
Your Brain – Your Choice
I’ve said it many times before that Real Estate investing and wealth is a CHOICE. All you need to create wealth is the MINDSET to do so. Nobody other than yourself is going to convince you otherwise. If YOU believe Real Estate will make you wealthy, nothing will stop you – on the other hand if you are like 96% of the population and decide Real Estate investing is anything else, you will be right also.
I know you have read the books suggesting the same thing but I’m here to tell you ‘keep reading and learning if you have yet not been able to update your MINDSET’. Sometimes you need to hear and see things several times presented in different ways for it to register. You know those ‘Aha’ moments? Those will be the moments that will move you towards wealth. If you need help realizing your ‘Aha’ moment for Real Estate investing, drop me a line below and sign up for my free newsletter at the top of the page.
Don’t let your mind make ‘powerless’ investment choices.
Joey – it seems every one of your posts is talking directly to me and kicking me forward in the right direction – and this one on MINDSET is no exception. Thanks and keep kicking me!
That's excellent Terry! I'm so honored to be able to kick your ***. You are an ACTION TAKER and my passion is to get more people to take that action. I encourage everyone to stop dreaming and having excuses and just go do what you want. It is not easy, but is is definitely worth it, isn't it Terry?
The mindset is a good starting point. Some people call it FAITH !
However, "mindset" is not enough.
You also have to have a "heartset" i.e. love what you do and show your human emotion to others.
You need others along the way .. realtors, investors, property managers, accountants, spouse, …
You also need money (from your own jeans or other people's)
You also need time and energy to pursue what you set out to do.
You need discipline, too !
You also need action.
Here's what the bible has to say to this:
2 Peter 1:5-7 For this very reason, make every effort to add to your faith goodness; and to goodness, knowledge; and to knowledge, self-control; and to self-control, perseverance; and to perseverance, godliness; and to godliness, brotherly kindness; and to brotherly kindness, love.
Pretty applicable to real estate investment, uh ?
Yours Sincerely,
Thomas Beyer, Diamond REIN member and also
President, Prestigious Properties Group
T: 403-678-3330 E: [email protected]
Don't wait to invest in real estate – Invest in real estate and wait ! ™
http://www.prestprop.com
Investing your LOC, RRSP or cash with us means: Become a Landlord – Without the Hassles ! (TM)
Thomas, you are absolutely right and I believe I've touched on many of the points you have in earlier posts. Each time I try to stick with a single thought (which sometimes doesn't happen) to my posts. Hopefully my readers grasp what it is you, I and so many others are trying to teach them in their pursuit of financial bliss. As always, you have been an instrumental part of my continued knowledge – thank you for replying here for everyone to benefit!!!