What’s motivating you to take a shot at real estate investing? How are your motivating factors influencing your daily activities? Let’s take a look at why motivation and desire are must haves for real estate investing success.
Everything we do in life is born from some sort of motivation, positive or negative. We’re motivated to keep gas in our cars so we don’t get stranded on the side of the road. We’re motivated to get up and go to work in the morning because we want a paycheck. Real estate investing is no different. Maybe you want extra monthly income from owning rental properties. You may want to buy, rehab and sell a few properties to get out of debt or buy a new car. Maybe you want the freedom of being your own boss, making your own hours and controlling how much money you make. All of those things are great motivators. The point is, you have to keep these things front and center in your mind to stay on track to reach your goals.
We do it all the time. We decide we want to accomplish something, and then give up on it. Let’s say we want to lose some weight. Three weeks into it, the idea of being fit and trim is a thing of the past. It’s almost like we never had the thought at all. Why is that? You need daily reminders about what you’re working towards, and the benefits of continuing the pursuit. Here’s how you do it. Take a piece of paper and write your motivation in big letters across the top. Next, get as many pictures as you can that represent your motivation and attach them to the paper as well. Put the paper next to your bed so you see it first thing when you get up and right before you go to bed. When you get up in the morning, think about what you need to do during the day to move you closer to that goal. Just choose one thing and get started. When you go to bed, think about it again so your subconscious can take over and give you ideas of how to reach your goals.
This visualization and daily thought process works. I know many of you will just shrug it off and not try it. That’s unfortunate. I challenge you to give it a shot. What do you have to lose? Your motivation really is your springboard to success.
Here’s what you have to look forward to as a successful real estate investor:
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