To succeed in any business, we have to let go of our fears and excuses. To be successful in real-estate is really a matter of choice. Here are 7 excuses that are holding you back from success.
From my own experience, I know that everyone is afraid to take chances. However, as human beings, we like to hide our weaknesses with excuses. We are not only afraid to take chances, but we are also afraid to admit it. Here are 7 excuses that might be holding you back from becoming a successful investor in real-estate.
1. I can’t ….
This is what I hear from a lot of people who are ready to give up before even trying. Of course we are bound by limitations, and every successful person had doubts about their abilities. But to say that you can’t means you are giving up. You’ll never hear those words coming out of my mouth.
2. I need more money
This is a very common excuse given by people who suffer from financial hardships but never seem to do anything to improve their financial conditions. The excuse they give isn’t even true. You don’t need money, you need to find ways to accumulate and control more money.
3. Now is not a good time
People say “now is not a good time” mostly because they are lazy. They give this excuse to avoid doing anything new. Unless you are seriously tied up in something that needs your undivided attention, it’s always a good time to enter the new world of learning things. This excuse comes from lack of confidence and laziness for some people. Others are afraid to pull their brain muscles. The truth is, investing isn’t rocket science. If you put enough time and effort, you can learn just about any new skill.
Timing is important, but it’s not a good excuse to NOT start investing at all. Ask yourself, is there ever going to be the perfect time for investing?
4. I’m not experienced enough
You don’t have enough experience, no one did. Everyone had to gain experience the hard way. There is no shortcut in investing, however, don’t let it become an excuse for you to forgo investment opportunities.
5. I’m not smart enough
I’ve heard this excuse many times from people who think they are not capable of learning new things. This excuse comes from lack of confidence and laziness for some people. Others are afraid to pull their brain muscles. The truth is, investing isn’t rocket science. If you put enough time and effort, you can learn just about any new skill.
6. It’s not worth my time and efforts
Let’s analyze this excuse. Why invest in real estate? First of all, analyze your priorities. What are you working on right now that has greater returns without any significant risks? This excuse is not a legitimate one unless you carefully analyze the market. Analyze the income potentials before you come to any conclusions.
Of course, every opportunity won’t be worth pursuing, but you need to keep your eyes open and find opportunities which are within your range. .
7. I’m too busy
We never run out of time, we are just bad at time management. If you are too busy for something, it’s because it’s not important to you. I know this because I used to make this excuse a lot myself. It’s actually not an excuse at all; it’s just saying that “I’ve got more important things to do,” like checking twitter, Facebook and watching TV shows. Get your priorities straight. We always have time to do things which have higher priority to us.
What is your excuse….?
Some of these excuses are totally valid. You do need more experience and knowledge, and also need to free up some time, but all these excuses shouldn’t hold you back.
Source: Keyhole Academy