Archive for the ‘For Investors’ Category
Take Action Despite Your Fears Part 1
Saturday, December 5th, 2009
Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more frequently it is fear that stops people from living their dreams.
However, successful people tend to act in spite of their fears. They have learned to harness their fears and use them to their advantage.
The most common reason people don’t get involved in property investment is fear.
The fear of failure or that they will lose money, or that people will ridicule them.
The key to success is not to let your fears scare you into inaction, but to use them to prepare you for action.
Apart from failure, let’s look at some other potential fears.
The Fear Of Ridicule
Your cannot do much about what other people say, but you can control how you react to it. The people trying to stop you achieving your dreams have probably lost the ability to do the same. The only way they know how to build themselves up is to bring other people down.
Now that is sad – but it is not your problem. No one has ever died of embarrassment, so tune out to the critics and focus on what you want to accomplish.
The Fear Of Success
Surprisingly the fear of success can be almost as paralysing as the fear of failure. It often follows on once you have conquered the fear of failure.
It is ironic that you work so hard to overcome the fear of failure and achieve success and then all of a sudden you become afraid you will not be able to maintain your success.
Yet this has happened to many investors once they have grown a sizeable property portfolio.
Things seem to be going well and then they start feeling uncomfortable. While there is no logical reason for this, we are all controlled by our own internal “financial thermostat” that sets our level of comfort.
Yours is set to a particular level of success that you see yourself at with your self image. If you exceed that level of success you become nervous, you become fearful. This fear has sabotaged the efforts of property investors because their inner thermostat just did not allow them to see themselves as successful. In fact they were so afraid of what migh happen when they became successful that they subconsciously did things to keep them from being successful
