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The Fastest Way to Create Momentum as a Real Estate Investor

Tue, May 25, 2010

Inspiration/Mindset

My six-year old daughter just finished the 1st grade. One of the things the first graders do is they have spelling tests each week. What does this have to do with real estate investing? Stay tuned.

She had kind of a rough start with spelling at the beginning of the years. She was getting B’s and C’s at first. I decided that I need to do work with her to help her to develop the skill of spelling. What I did was work five days a week with her a little bit each day.

At first it was a real struggle to get her to practice with me. But after awhile, she got used to it. We even invented a game based on the TV show “Minute to Win It” to help make the practice more fun. After that rough start, she got straight A’s, week in and week out.

The last week of school was very busy with activities outside of school. In fact, we only got a few chances to practice spelling. The day of test she was stressed out because she felt like she wasn’t well enough prepared for the test. I told her to relax – that she would do just fine. Sure enough, she got an A.

The reason that you got so stressed out is that she now has the identity someone he has a good speller, and someone who is an A student. She she was very uncomfortable with the idea of getting less than than an A.

Why am I telling you this story? It contains one of the most powerful success principals. It’s the same thing with any other area in your life.

For example, when you are successful in finding great deals, you begin to believe that you are great at finding great deals. This helps you find more and more deals as your belief in yourself grows. As you find more and more great deals, your identity shifts from unsure to certain that you can always find great deals.

You begin to expect success all the time, every single time. This is your new standard of excellence. You become uncomfortable when fall below that level of success which is your new standard.

I notice this in myself. I’ll get onto a hot streak, and seem to find great deals all over the place. I’ve also been a cold streak, and wonder when I’m ever going to find my next deal.

When I feel that I’m not living up to my personal standards as a real estate investor, I go into action mode. I’ll put myself onto an action-based program. I’ll keep moving until I’m back to my comfortable level of production.

My mistake is that I slack off once I reach that level of production.

Want to create more for your business? Change your identity for yourself. Set a new standard. As Tony Robbins taught me years ago…”Step up!”

That’s how people become more and more successful in real estate investing.

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This post was written by:

Scott Nachatilo - who has written 96 posts on Financially Free Real Estate Investor.


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