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Episode 64: Beyond Limiting Beliefs: Unlocking Your Potential in Real Estate Investing
Manage episode 438061263 series 3485898
Το περιεχόμενο παρέχεται από το Become An Investor. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Become An Investor ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
This week's episode of the "Live Life by Design" podcast revolves around the core theme of overcoming limiting beliefs and objections that prevent people from entering the real estate investment industry.
The episode is structured around three common objections that people often cite when hesitating to start in real estate investing. First is the "lack of money," which our hosts identify as the most frequent excuse. They argue that while starting capital is necessary, it shouldn't be a barrier. The discussion leads to creative ways to generate initial funds, such as selling unused items or cutting back on unnecessary expenses.
The second objection is the "lack of knowledge." Many people feel they don’t know enough to get started. Our hosts emphasize the importance of mentorship and learning from those already successful in the field. They stress the value of being coachable and open to acquiring new skills.
The third major theme is the "fear of failure." The episode addresses this fear, along with the tendency to remain in a comfort zone. Our hosts share their own stories of overcoming initial fears by taking risks and stepping out of their comfort zones, encouraging listeners to do the same.
Throughout the discussion, our hosts highlight several key insights. They stress the importance of "investing in oneself," whether through education, networking, or financial commitment. They also advocate for being a "copycat," finding a mentor, or following the strategies of those who have already succeeded, rather than trying to reinvent the wheel. Another crucial point is leveraging "enthusiasm" and the resources available to achieve success, even when starting with limited means.
A notable segment of the episode is the introduction of the concept of "five currencies"—knowledge, time, credibility, relationships, and money. The hosts explain how leveraging at least one or two of these currencies can help listeners succeed in real estate.
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