FAR 155 Expected Air Date: 06/2/18
Opening
Over the past couple of weeks we have been visiting together around topics that some in the training industry would call “mind-set pieces.” We have talked about knowing your Why - understanding your basic motivations. We’ve talked about Choices and how your life is a reflection of the choices you’ve made and your future will be determined by the choices you’re making in the present. On the last show I shared some thoughts with you about Confidence. Confidence is a beautiful thing when you have it. Life is difficult without it. Business is nearly impossible without it. So I talked about how to get it, how to keep it when life happens, and how to keep it in check through realistic self-appraisal. I also talked a bit about mistakes and failure as these are often the result of over-confidence. But even these are not the end of the story, because you can overcome most of life’s obstacles if you have a healthy dose of today’s mind-set topic - COMMITMENT. I’m going to devote some time to this important topic in a bit. How to Reach us
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News!
Topic: Commitment
Imagine your life as a car. Your “Why” is the fuel. Your Confidence is the engine. Your Choices are the steering system. And your Commitment is the car’s electrical system. You can have your purpose, your moxy, and your path all figured out, but without commitment you’re going nowhere. Commitment is a decision or a choice if you will, a decision to begin. Commitment is where you start and how your start. No effort is required to go downhill. Commitment is there to take you uphill. Commitment is completed by its sibling Discipline. They don’t always go hand in hand. Commitment will get you to the gym for a couple of days. Discipline will keep you there for years. Commitment will allow you to plan out and begin your business. Discipline keeps you at it when it gets tough, when it gets mindlessly easy, or even when it gets boring. The analogy is imperfect though. Both commitment and discipline need to be re-visited, tuned up, or re-stocked as needed. I’m quite sure there’s nothing I can say about commitment that hasn’t already been said. But repetition is good for the soul, the mind, and the life. So here we go. I’ve said for sometime that goals without a plan is mere wishful thinking. Here’s the next thought. A Plan without commitment is a step-by-step outline of failure. It’s not enough to WANT success. It’s not enough to PLAN for success. You have to commit. You’re probably familiar Hernan Cortes landing in the new world in 1519 and ordering his men to burn their ships. That was it. No going home. Two years later he had conquered the Aztec Empire. There’s something about having your back against a wall that gives you that extra unction you need to make things happen. This is a good thing. Your ultimate success is of course going to require Goals, Plans, Confidence, Good Choices, and a reasonable opportunity. But the one thing that will connect all of those is Commitment. Have you tried to get involved in real estate investing and so far had little or no success? Are you frustrated (and let’s be honest, a little envious) when you see people around you seeming to do so well? Do you get perhaps a little resentful that it seems to come so easily for some while it remains difficult for you? Are you tired of trying and ready to give up? Let me encourage you if I can. No one’s life is a easy as they may make it appear. And by the way, few whiner’s lives are as difficult as they want you to believe, but I digress… Every person is on a journey to somewhere. You are on yours. If your goal and plan and path are leading to success, then don’t worry if someone seems to be ahead of you. In fact, choose to rejoice and be happy for the confirmation that this path really does seem to work. Taking too long to get there? Stop focusing on the speed and start concentrating on the difference you are making in others’ lives while on the journey. I can tell you from history and from personal experience that the journey is always more interesting than the destination. The moment you arrive at what you think is your destination I promise you will find another goal and quickly realize that this isn’t a destination, it’s a waypoint - a milestone. There’s more road ahead. Challenging? Bring it on. Difficult? Let’s do this. Confusing? Interesting - let’s figure it out. Whatever it is that is slowing you down is actually helping you get better and BE better. So if things are not working out the way you thought they would or should, first double-check your Goals, Plans, Opportunity, Path, and Choices. If they are all sound, then re-commit to the process. Embrace hardship as life’s reality and choose joy in the journey. I promise you won’t regret true commitment. Motivational Thoughts for the day
- Success is not final, failure is not fatal: it is the courage to continue that counts. – Winston Churchill
Comment Line calls and Questions
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Questions@flippingamericaradio.com Tell us where you’re from! - Alyssa, Milwaukee, WI, “I’m speaking with a lady who wants to sell her home to me. She’s in her 60’s and wants to move to a Senior living center. She has lived in the house for the past 35 years. She is a bit of a hoarder with piles of books and magazines in every room in the house. It’s hard to really know if there is any serious damage, but the house seems structurally sound. It needs some serious updating. I don’t know how to price this and I don’t know how to approach her with an offer. Houses are selling in the neighborhood for 400. There’s a new neighborhood going in across the street with similar sized homes going in the 600’s. My seller wants a fair price and I want to give it to her but neither of us have a clue what that would be. Oh and if it matters I’m planning to flip the house.
- Brandon, Kalispell, MT, “I was in Las Vegas last week visiting friends and they told me about your show and that you had mentioned our little town more than once. So I checked it out and you give a lot of really good information. But how on earth did you hear of Kalispell?”
- Connie, Portland, ME, “When it comes to paint, do you specify a particular brand? There are so many - are they all about the same? And why would there be large differences in quality anyway? Isn’t paint paint?”
- Hector, Jacksonville, FL “Can you connect me with a lender who will loan on rental properties -- I have a lead on several here from $50,000 to $125,000 in price.?
- Donna - Wholesaler in Colorado Springs, CO. “I’m knocking on doors and making friends, getting leads, but when it comes to figuring out what remodeling will cost, I’m just guessing. How can I be more accurate?”
- Whitney, Philadelphia, PA, “I have money to put into real estate and I’m intrigued by your idea of private lending. How would I set this up? I want to loan money to people you recommend.”
- William, Fargo, ND. “I found your show on the internet and I’m enjoying it so far. Do you have an opinion about owning rental properties in a place like Fargo? This is the way I would want to pursue real estate.”
Questions@flippingamericaradio.com Tell us where you’re from!
