Motivation is a funny thing. One day, you can wake up with a ton of energy ready to seize the day and hit the ground running. Other days, not so much.
In the real estate business, it is unlikely that you will become a millionaire overnight. Business is not easy, it takes work, and it is not about getting rich quick. Investing in real estate is a marathon. While you’ll get glimpses of big opportunities, the reality is, many deals will fall flat more than they will fly high. The good news is that everything is temporary. So, while you may have a streak of what seems like bad luck, overtime, through the hustle, experience and learning process, you will get your streak of good luck and that’s where the game can change.
So, the question is, how do we stay motivated even during difficult times?
Below is a list of some tips that may help you stay on track when it comes to staying upbeat even through hardships so you can eventually reap all the rewards that investing can do for you.
Gratitude is SO powerful. I’ve seen it work wonders in my own life and have noticed that the more grateful I am for the little things, the more things come to me to continue to be grateful for.
Make it a habit to express gratitude every single day. I encourage you to get a journal and every morning, as soon as you wake up, write down 10 things you’re grateful for. They can be as simple as the smell of coffee brewing to as complex as overcoming a big challenge. Whatever the case, start the vibration of good things by expressing it on paper. Make it real.
At the end of the day, do the same thing. Write down 10 things you’re grateful for about that day. Or at the very least, think about it to yourself. The more grateful you are, the less likely you are to focus on the hardships of the business, and this will help you stay on track.
In the entrepreneurial space, you may have heard gurus or coaches talk about their “why” … WHY do you want to be a real estate investor? And the answer has to be more than just “Financial freedom” … Ask yourself why you want to be financially free? Is it because you want more time with your family? Do you want more time to travel? Do you want to have a greater financial capacity to be able to give? Whatever it is, write it down. Once you’ve written it down, make daily, weekly, monthly, even yearly goals that will help you get closer to achieving that why. Then, anything that crosses your path that distracts you from potentially achieving that why, or pulls you in a different direction, you will have more clarity on why you should decline and stay on course. Your why has to make you cry. If it doesn’t, it’s not big enough.
You can get a planner all day long, but you’ve got to use it. If you can organize your life, it can help tremendously in achieving your goals. Get a planner that you like and that you’re excited to use.
Small rewards are good. You want to keep yourself motivated by acknowledging the little achievements, as well as the big ones. If you’ve done a lot of work that day, week, or month, and you want to celebrate your dedication, do it. However, don’t get stuck in celebration mode. Remember your why and all that you need to do to get there but having a night or day of celebration is OK and can stimulate more motivation, by helping you look forward to your next achievement.
Giving is such a great way to help you remain centered, focused, and in the present. While you’re on this journey to financial success, it’s important to remember where you came from and those who have helped you get there. No one is truly self-made. Opportunities come from someone. Someone opens doors for us. Yes, it’s up to us to say yes and act on those opportunities, but there is always someone on the other side helping us achieve that.
Unless your social media channels are monetized, the first thing you read in the morning should not be Facebook, Instagram, or even the news. Yes, there is a time and place where this stuff makes sense in our business, but they should not be the first thing you ingest in the morning.
Social media is a black hole for some. You log on to see if you have any notifications and before you know it, you’re looking at videos of someone’s grandma rapping at a local music festival. It is SO EASY to get off track and can be a huge distraction in achieving all the things you desire. It can prohibit the pace.
Every morning, for the next 21 days, read something motivational. Whether it’s positive poetry, a financial literacy book, a podcast or audiobook about business, self-development, or improvement—it’s better than reading about everyone else's life on social media.
If you are someone who needs to know what’s going on in the world, then dedicate 10-15 minutes early on and late in the day for that. Set a timer and don’t stay on social media or watch the news longer than necessary. Much of the information on those platforms is negative and the last thing any of us need while attempting to achieve financial freedom is negative energy in any form.
Ever hear the saying, “You are what you eat?” … This one may seem off, but it’s a huge part to becoming successful. High vibrational foods put your brain in a state of positivity. High protein, leafy diets align you with feeling good. Fast, fried, or high fat food can do the exact opposite. They can make you lethargic, leave you feeling exhausted and diminish your energy levels.
Get yourself on a healthy meal plan. Eat small meals frequently. Put yourself on a regular sleep schedule. You don’t want to burn the candle from both ends, but you do want to work hard, and it will require a clean diet and rest.
Never underestimate the power of a good workout. This can change the trajectory or your day, your mood, your life.
Every day set time aside to do some sort of exercise. Whether it’s yoga and meditation, cardio, a weightlifting routine—you’ve got to get moving.
There’s a saying that goes, “You’re like the 5 people you surround yourself with.”
Look at your circle as it stands right now. Are the people within your circle motivating you? Lifting you up? Adding value to your life or business in any way? If the answer is yes, then keep them around. If the answer is no, then maybe it’s time to reevaluate your relationships.
Cutting people off or at the very least, distancing yourself from those who do not want good for you or constantly negate your efforts is a great way to get on track towards your goals. Sometimes we forget to check in with ourselves and make sure that our habits and daily routines are aligned with where we want to go and who we want to be. There sometimes comes a point where you have to look around and see if the people you associate with are helping you or distracting you. If they’re a distraction, learn to love them from a distance. Maybe you remain friends but know that you can never talk business with them … Or maybe you see them during the times you engage in your celebratory acknowledgements, but you don’t deal with them day to day.
This can be a struggle to come to terms with, but the sooner you get rid of anyone who is weighing you down, the sooner you rise to the occasion and achieve the success you dream of.
Similar to number 9 of surrounding yourself with like-minded people in your everyday life, joining a group of like-minded people can also be helpful in your professional life. In number 9, the focus is mostly on personal relationships. This one is strictly business.
You never want to be the smartest person in the room when it comes to business. What we suggest is joining a club or group who can help lift you higher and teach you things beyond your current understanding. Sometimes, this may consist of the friendships you already have, but we do suggest business partners aside from your current relationships. You want people who don’t know about all your personal baggage or have pre-conceived notions about who you are and what you can do. You want to set yourself up for a fair shot at learning and growing and to do this, joining an investor club can help.
Whether it’s a type of online support group, local meetup groups, local events, big conventions, or an educational group and club like Legacy offers, the key is to elevate. Step outside of your comfort zone, acknowledge that you may not know everything and get excited about all you have to learn from people who think and act like you, and who are on the same mission.
Big picture takeaway points
Self-reflection questions to think more about the content
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