Have you ever allowed a setback to get you down? We all deal with adversity, but in order to succeed, it’s important to not give up. As real estate investors, hardships are inevitable, so we have to commit to not quitting when things don’t go exactly as planned.
On this episode of Investing in Real Estate, I’m discussing how to handle adversity on your real estate investing journey. I’m talking about how our modes of thinking can lead to unhappiness, and how to focus on what truly matters. I’ll also share two specific resources to help you get in the right mindset!
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Recently, a friend recommended I read the book, The Subtle Art of Not Giving a F*ck by Mark Manson. Yes, it’s vulgar, but the overarching theme has been invaluable to me! If you can look past the language, this book is filled with incredible pearls of wisdom about facing adversity.
To me, one of the key takeaways from the book was that for many of us, unhappiness stems from the pursuit of happiness. This idea blew me away—what a paradigm shift! We hold these ideas that we’ll be happy when we meet a certain goal, but that’s just not true. You have to dissolve that idea in order to succeed! It’s about changing your mindset.
For example, I once worked with an investor who had a goal of acquiring 100 properties. That was his main purpose, and it seemed that nothing else could bother him. When he had a bad experience with one property, he didn’t let it completely derail him. He continued ahead, focusing on his goal.
That’s exactly what you have to do—accept disappointment as part of the process. When you understand that things aren’t always going to go according to plan, you’ll be happier. And when you get in that mindset, you’ll be more successful.
On today’s show, I’ll talk more extensively on being steadfast in your mission. I’ll explain how my priorities have changed from my 20’s to my 30’s, and how that relates to finances and real estate. I’ll also discuss how to own your flaws in order to become more confident. If you’ve ever struggled with facing adversity, this episode is for you!
Are you ready to build legacy wealth through buy and hold real estate? If so, I invite you to book a FREE call with my team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- What is the importance of having a broader plan?
- What changes about our personalities in our 30’s?
- Why people-pleasing is a destructive habit.
- And much more about real estate investing!