CFD 291 - [REPLAY 199] Why Haven't I Made It YET?

07/14/16 • 35 min

I hear the question frequently. People I meet who’ve been studying real estate investing for a few months or maybe even a couple of years will come to me and ask, “Why haven’t I made it yet? I’m trying to do deals and I can’t get them done. When will it happen for me?” If this is a burning question on your mind, today’s podcast episode is for you!

Yep, it’s just you and me today... no guest. It’s time to recap the reasons I do what I do. The biggest reason Cash Flow Diary exists is so I could leave a road map behind for my kids, just in case they’d like to know what good ‘ol Dad has done. Plus, they could follow in my path if they want. But just like other things we do in life, this path took a new course. A friend told me that maybe I should consider doing even more, because there are a number of adults who might be interested to learn real estate investing so they can change their own life’s path.

Click forward almost 200 episodes of this Cash Flow Diary podcast and I know what my friend said is true. Today we have way more than the podcast. My team and I have created an educational series, I have a weekly Q & A web show for members of the Cashflow Core Membership. We have created e-books and so much material that some days it overwhelms even me. And we keep creating new video content. Even so, I still have a long way to go; Cash Flow Diary has more good stuff to come. That’s what I’m really talking about in this episode. Stick with me till the end of it, because I promise what I have to say will help you grow your business and keep you focused on your goals, too.

I start with some interesting entrepreneurial success stories, some of which you have probably heard and some you haven’t. What do they all have in common? They had amazing failure events, were fired from jobs, were told they didn’t have what it takes to achieve in their industries, they were labeled as having trouble focusing and staying on track and they each faced different challenges in business and life that might make some people cringe, roll up in a ball and quit.

Here’s the deal... successful entrepreneurs have to keep trying, keep adding to their skill sets, keep doing. They don’t just get successes handed to them. They overcome challenges and they don’t listen to the negative people in their lives or the negative self-talk that goes on in their heads.

So how do you get there? First, listen to this podcast episode and learn the eight steps in the process... and then the five things you need. This is something I continue to practice myself, so I’m not telling you to do things I don’t do. The process is ongoing. And here’s a suggestion... take a few notes. Post the eight steps on your wall to keep yourself motivated. Learn more.

Previous Episode

CFD 290 - [REPLAY 230] How to Overcome Objections from Buyers, Sellers and Investors

One of the top questions I get from people who are new into the raising private capital space is how to overcome objections.

So... I decided to do this special episode. I want to help you if you are running into objections. The long and short of it boils down to a single question: Do you believe more in them and their beliefs or in you and what you know to be true?

The funny thing is that this question just came up AGAIN in the Private Facebook Group page. It was posed by a member who has been doing a heck of a lot of wholesaling for a long time. The responses are still coming in. And that’s the cool thing about our private group. There are so many great conversations going on at all times between members that it blows my mind. Members work out challenges, helping and supporting each other. It’s truly amazing! There are three questions you need to ask buyers, sellers and investors talking to them about becoming involved in your deals:

Have you ever considered getting involved in real estate investing?
Really? Why?
Based on what you just said, does it make any sense for us to get together later to discuss this further?

You do not change a syllable! Not a word...

It may not make sense to you at this very moment, but that’s okay. Listen to this episode and you’ll understand completely. If you get out there and test this strategy, you will see how beautifully it works to open new relationships that will help you toward your real estate investing goals.

This is just one of the things all our members have learned in Cashflow Core Training. But don’t take my word for it. Try it out yourself for 30 days on our almost-free trial! For now, give this episode your ears. LISTEN NOW.

Next Episode

CFD 292 - Joan Sotkin Says Money is NOT the Problem; It’s Our Relationship with Money that Messes Us Up

You may remember Joan Sotkin from episode 125, where you heard how she helps people change their lives through changing their perspectives on your finances. She is an excellent prosperity coach, author, speaker and educator. Today Joan shares about how she is developing programs so she can help even more people.

Joan delves into our family origin stories that affect our financial outcomes. In short, it’s our belief systems around money that get us every time. The things that created your emotional responses to events in our lives are what you need to pay attention to.

Issues around money are NEVER about money. In reality, money only has energy when it passes between two individuals. It is your relationship to money that is at the core of your issues. You have to figure it out. Listening to today’s episode of the Cash Flow Diary podcast will help you toward that goal.

One of the many interesting things that Joan shares during this episode is that our brains are to blame for the fears we have around money. Our brains tell us that anything new might be dangerous, so we have to be careful, which translates to fear. For example, when you’re accustomed to struggling financially and you start doing really well, your brain may throw up red flags. You may feel terribly uncomfortable because you are not used to doing well. The change that is happening can feel like a threat because it challenges your origin story.

What that means is that you grew up in a family that struggled, didn’t invest in real estate, didn’t do well because there was always too much month at the end of your mom and dad’s money... and now you are challenging the way your family deals with money... the way your parents raised you to think about money.

You have to control that fear, because it isn’t serving you and it isn’t moving you forward to all those goals you walk around telling other people you want to reach!!

So how do you control the fear or fix the issue? Joan says you have to get to the core of your “moving stupids.” Your brain doesn’t want you to change things up; you have entered the fight or flight syndrome when in fact you should be embracing the changes and focus on what is going on in the moment. By focusing on the moment that is happening right now your brain isn’t going to focus so much on the future and all the fears that go along with the tunnel of transition.

Joan says so many cool things in this interview that it might just put you on a whole new path. If you let it happen you can have the life you say you want. Pay attention to the ways to deal with your fears and put your mind at ease. One thing you have to do is dump the retail therapy! Learn more. Listen now.