I was talking with someone recently and somehow we ended up talking about real estate. When I told them that I have been buying, rehabbing and selling real estate (otherwise known as flipping) over the last couple of years, he gave me the “deer in the headlights” look.
He stopped for a brief second as to see if I was joking…
Then he asked, “like they do in those TV shows?…”
To which I replied that in principle it’s the same thing except nowhere near as easy or as dramatic as they make it look on TV.
Then he said in disbelief, “that is completely the opposite of what you see and hear in the news…”
The point is, many people driven by what they hear on the news or see on TV think it is impossible to do what I am doing (just like I once did) much less make a profit or a living at it. Because of that belief they will not even consider investing in real estate, or for that matter, pursuing any other opportunity outside of what they know well and are used to.
I am by no means saying do what I do or that I have this flipping thing all figured out. What I am saying is that nothing happens if you don’t push yourself out of your comfort zone (I am also saying don’t believe everything you read in the news or see on TV…be very selective about the media you choose).
One of my favorite quotes that I remind myself in challenging moments or moments of fear is:
“If you keep on doing what you have been doing, you will keep on getting what you have been getting”
Or as Einstein put it (not an exact quote):
“The definition of lunacy is doing the same thing over and over again and expecting different results”
The start of the year is a great time for you to reflect on what you have been doing and what kind of results you have been getting. Results in your career, in your relationships, in your wealth building plans...
If what you have been doing is not giving you the results you want…then it’s time to make a change.
I only tell you that because it’s what I tell myself. One of the reasons I keep this website is so that you can benefit from the experiences and ideas I put together on the road to building wealth, financial independence and an overall kick ass, awesome life!
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