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Archive for the ‘Motivation’ Category

Take Action Despite Your Fears Part B

Saturday, December 5th, 2009

The Fear Of Not Being Worthy

Many people fail to take action because they fear they do not deserve wealth. This also stems from the financial “programming” they received in childhood. All those negative things that some well meaning people said early in their lives. Things like “don’t be greedy”, “people like us don’t get rich”, “what makes you think you can do that when others have failed?”

Investors have sabotaged their wealth because they felt undeserving.

The Fear Of Debt

Obviously the fear of debt holds some investors back, however debt should not be feared.

It is the inability to service the debt or repay loans that should be feared. If you understand how to use debt wisely and if you know the difference between good and bad debt, there is nothing to fear about debt.

All rich and successful people have fears, doubts, and worries; they just don’t let those feelings stop them. That is the big difference; unsuccessful people also have fears, doubts and worries but they let those feelings stop them.

It is normal for your brain to bring up these fears. Your mind is protecting you. It is doing its job. And acting in spite of your fears is going to be uncomfortable.

We all like living in our comfort zones because they are comfortable. But if you want to move to a new level you have to break through your comfort zone. Your comfort zone may make you feel warm and fuzzy but it does not allow you to grow. The only time you will grow is when you move outside your comfort zone.

If you think about it, every time you tried something new was probably uncomfortable, but the more you did it the more comfortable it became. If you persevere you expand your comfort zone which means you can do more things comfortably.

What this means is that every time you are feeling uncomfortable instead of retreating back into your comfort zone, pat yourself on the back and say “hey this is great, I’m moving forward and I’m growing”.

If you want to be a successful property investor, and if you truly want to be one of the wealthy, you are going to have to become comfortable with being uncomfortable.

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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

Posted in For Investors, Motivation | No Comments »

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