I read a lot about how mindset is so important to a new investor. So many times I find I fall into the trap of negative thinking and focusing on what I don’t like or what I don’t have. How as a new investor can I focus more on what I want to create in my life and for my business and not keep falling into the trap of negative thinking ?
Hi elijahgrey99! That is correct. Mindset is important in everything and anything you choose to do in life, not just in Real Estate Investing.
Surround yourself with optimism…positive people…read, listen and watch only those you think will help you advance further and will make you feel good as well as inspire positive thoughts…write about what you really want, be definite and clear about it…most of all, never lose your enthusiasm and faith no matter what difficulties and challenges you go through.
Also, take massive action to see results. Don’t just learn and learn by reading. Often, when you’re so busy trying to learn without translating it into action, you start to have more questions thus building doubts and fueling fear.
There are some books that can be very helpful about working on having the right mindset like Think And Grow Rich by Napoleon Hill, The Science of Getting Rich by Wallace Wattles, The Alchemist by Paulo Coelho and a lot more.
This is a daily struggle for me. Every time a deal delays, falls through, etc., I start getting down about it. I find that it helps to keep a playlist of real estate and motivational speakers on my iPhone to listen to whenever possible. Some of my favorites are Ron LeGrand, Cameron Dunlap, and Jim Rohn.
The right mindset is what ever gets you to take action. For me it is knowing that what ever happens I can figure out a the solution. If I can’t figure it out I know where and who I can go too for help.
It comes down to having confidence in yourself. And like mike said, you need to surround yourself with the right people. Positive, hardworking people.
It is a daily struggle and I have begun to focus more on what I am thinking about and who I am spending time with. Those that are negative I try not to be around them as often. I have also begun reading Think and Grow Rich and listen to motivational speakers like Les Brown, Zig Ziglar and John Maxwell etc.
I’m reading a book called “The Law Of Success” by Napoleon Hill Got it on Amazon for 99 cents, Turn off the TV, and spend some time learning about motivation, will power, and the methods that will make you successful.
I’m working on this myself right now. I am listening to a book called “The Secret.” The idea in this book is to consider the law of attraction. This is using the universe to get exactly what you want. You need to visualize what it is you want. Really close your eyes and see and FEEL what it is you want. The more you practice this the more you will attract it.
By doing this over and over everyday you will train your mind to know nothing but this. This will eliminate negative thoughts all together. Over time you will get what you want by attracting it and the negativity will vanish.
Thoughts become things. If you think negative thoughts then that’s what you attract. When they come into your mind immediately think of a positive thought and push the negative away.
Good Luck with everything! Stay Positive! :biggrin