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Public. Make Private
Ever hear of an “amygdala”? It’s a little almond-sized organ inside your brain. It’s responsible for:
Quite a list, huh?
For today’s lesson, the area on which I want you to concentrate is the one about “Autonomic Responses Associated with Fear”. That’s just a fancy way of saying your amygdala is that voice inside your head quietly whispering:
“Don’t ask that girl out – she’s not interested in you.”
“Please don’t play me coach – what if I screw up in front of all these fans?”
“Don’t start that business – they never work out.”
“Don’t buy that investment property – you have no idea how to be a landlord.”
The amygdala evolved thousands of years ago, in order to protect cavemen from giant beasts. It’s the classic fight-or-flight response, but that little organ is now choosing “flight” far too often.
I want to talk to you about how to selectively choose the “fight” response in your brain – because it is the ‘fighter’ who makes the fortunes in real estate.
But before I can go there with you, you must first recognize the signs of “flight”…
Flight is all about inventing ways to avoid taking risks. This evasive tendency towards “flight” is sabotaging progress towards your real estate success. Your amygdala tries to get you sidetracked so you don’t do the challenging tasks which truly need to be done.
Let me give you some examples of how to recognize that your amygdala is winning:
“I have not failed. I've just found 10,000 ways that won't work.” – Thomas Edison
Nobody became rich in real estate without encountering some setbacks along the way. The first step to becoming a true real estate mogul is to understand that you will have setbacks. But those setbacks are the greatest learning tool you will ever find. (Far more so than the books, seminars, boot camps and other “education” that you see all over the place…)
Now don’t get me wrong. A large portion of those commercial education products can minimize your setbacks. After all, most of that material is the result of mistakes that other people have made.
It is great to supplement (I repeat *supplement*) your education with those books and training products – but, for goodness’ sake, don’t spend all your time and money on them. Heck, don’t even spend most of your time and money on them. Instead, spend most of your time and money on activities that will bring you wealth when you DO get them right.
It’s like a pilot flying an airplane. The pilot must act to set the course and operate the aircraft, in order to arrive at his destination. You are the pilot of your investing business. The books and courses help you to learn to fly, and many of them can improve your skills… But ultimately you must (i) sit in the cockpit and (ii) crank-up the engines.
Take some time to learn. Then implement.
Take calculated risks.
Analyze a deal. If it’s good, move forward. If not, move on.
Then do it again until you have a good one. (And the good deals are out there!)
Once you have taken the plunge, do it again. Look at each of these steps as a learning opportunity. And if you have a setback, view it as a self-created seminar that you just “bought”. Remember: It’s NOT the end of the world.
Classroom seminars cost you money, and there is no chance of making money from them directly. Conversely, your self-created real world “seminars” may cost you some money, but they also have a good chance of actually making money for you in the long run.
Are you spending too much time buying education products? Are you spending too little time learning by building your real estate business? Then here are some tips to change that ratio:
Going for your dreams involves risk. It’s hard. There are a ton of things working against you. But that is why there are so many people in the world struggling today. “Moguling” can be done by anyone. But it is actually done by only a few.
Why not be one of them?
Accept – Accept that your amygdala will fight you.
Start Small – Start small and work your way up.
Recruit a Motivator – Find someone to push you.
Keep Calm – When you have setbacks, don’t panic.
Be Tenaciously Optimistic – Keep telling yourself that you have what it takes to make it big.
Recruit Tenaciously Optimistic Teammates – Network, network, network.
Is there a topic you'd like to learn more about? Request a Lesson
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.
Module: Inner Game
Expert: JP Moses
At RealEstateMogul.com, we’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.
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Real Estate Mogul LLC
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FROM PRESTON ELY - MY PERSONAL DISCLAIMER TO YOU
Hi - we do everything in our power to run a good, clean business and help people succeed.
We've been in business for nearly a decade. Our mission is simple: help 1,000,000 people live lives of greater freedom. That's what gives us juice and passion.
Unfortunately, there are people and companies who do bad things and make products that don't work at all or don't work as advertised. That behavior hurts everyone.
The bottom line is there is no such thing as magic. There is no magic unicorn that will appear on your doorstep and start pooping gold bars or giving you free money.
Just because people in this program have made lots of money doesn't mean or imply the same will happen to you. In business, and in life, there are no guarantees.
Any one of the people who we happen to feature in this program have a BIG WHY - they want to make a difference and help themselves, their families, their employees and customers succeed. They want more and they apply themselves, they get outside of their comfort zones, acquire new skills, work like crazy, make mistakes, and fail, BUT THEY DON'T GIVE UP.
They implement. They don't quit. They serve. They didn't blame someone or something else for their mistakes or failures - instead, they do the HARD WORK that it takes to make a difference.
They use our tools, systems, psychology, mindset, training, community and events to succeed.
If you're the type of person that isn't willing to roll up your sleeves, learn, explore, grow and focus on helping other people succeed, our programs aren't for you.
If you're a blamer, whiner, malcontent, or just downright lazy, our programs aren't for you.
But if the content is this program and our videos resonate with you - and you can see the possibility and potential that this can work for you, then WELCOME HOME. You're in the presence of REAL PEOPLE who are helping REAL BUSINESSES succeed, thrive and survive.
It would be both mine and my team's pleasure and honor to serve and support you so you can EARN MORE, LIVE MORE and GIVE MORE.
Preston Ely, CEO
FULL EARNINGS DISCLOSURE:
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The earnings, revenue and profit results that a customer will generally achieve in circumstances similar to those depicted in the endorsements and testimonials on this site depend on many factors and conditions, including but not limited to, work ethic, learning ability, use of the products and services, business experience, daily practices, business opportunities, business connections, market conditions, availability of financing, and local competition, to name a few. Because of impediments due to any one or more of the foregoing and other factors, it is generally expected that no earnings, revenues or profits will be achieved with the use of any products or services advertised on this site in circumstances similar to those referenced in any endorsement or testimonial.
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