Plan To Overcome Obstacles In Real Estate Investing
|You know how there are just some people in life who help propel you forward? That without their support and guidance, you feel like you may not have made any progress towards your goals? One of those people for me is a woman named Eleni Kelakos, a personal development coach, a friend and mentor. Eleni's signature mantra, "Touch the Sky," can uplift and guide your actions to any size goal!|
Recently, Eleni asked me some questions that challenged me to define some ways I overcome obstacles. I wish I had one sure-fire recipe to tackle life's hurdles that come in the way of achieving greatness in our personal, professional and real estate investing lives; however, one set way just doesn't exist. It's a process; it takes practice.
We get good at things we practice and it can’t hurt anyone to be GOOD at overcoming obstacles, right? Achieving success in real estate investing will require you to overcome a few obstacles when you’re first starting out. As a fellow real estate investing entrepreneur, I became aware of and learned some of the challenges one faces in real estate investing – and realized that a clear path of entry into this field does not exist.
Here are the questions my mentor asked me concerning my personal obstacles and my quick insight responses exactly as it was 'live streaming' from my mind.
How would you answer these questions about overcoming obstacles?
Eleni: What do you to help yourself keep going when faced with obstacles?
Emily: I am all about having correct expectations set and preparing myself as best as possible (I am a Type A "planner" dealing in an unpredictable entrepreneurial world - not necessarily qualities that are a match made in heaven).
I set my expectations to include challenges. Ugly, scary, sick to your stomach, doubt everything you know challenges. Then, when I hit one of these challenges, I am not thrown off by it. I am ready for it. I don't like it, but I get through it because I anticipated it.
I don't doubt my plan; I don't question whether or not it was meant to be. Challenges are part of the process. Question yourself if you do NOT hit challenges - if things are too easy, something might not be right. Adages like "what doesn't kill you makes you stronger" help me as well. It's so true — you will be better the NEXT time you hit the challenge because you will have already been through it.
Eleni: What do you do to fuel yourself, to encourage yourself to keep taking the actions you need to take towards realizing a goal?
Emily: I tell myself I am TOO FAR to turn back now. I am SO FAR PAST the point of no return, that NOT going forward isn't an option. Plain and simple. Don't give yourself the choice to turn back, then you won't be able to choose it
It took me a while to grind out to get to that "point of no return" so while you are pursuing that point, stay razor sharp focused, nose to the grindstone and know that reaching the point of no return is liberating!! Then it's not as scary to keep going forward because it would be silly to go back. Even though I haven't reached my end goal, getting to that point of no return is one of the most satisfying accomplishments I've had to date. Only you can define that point of no return for yourself.
I have always liked the phrase "hold the rope". To me, it symbolizes that when all else gets complicated and it becomes hard to see your goal through the complex challenges, that as long as you "hold the rope," you won't fall off or get lost on your way to your real estate investing goal. Stay true to your plan, hold the rope. Even if you don't have the mental energy to charge forward at the moment, simply hold the rope and you will stay on track, things will be ok.
Also, I am the type of person where my regret for NOT doing something, for NOT trying, for NOT pushing, for NOT satisfying my appetite to try to succeed is FAR WORSE than the regret I would face never having tried at all. Kind of like the saying, "better to have loved and lost than never to have loved at all." In my opinion, it is "better to have taken action towards achieving one’s real estate investing dream than never to have acted at all."
How do YOU overcome obstacles? What does the expression, "hold the rope" mean to you?
Good luck with your real estate investing, I look forward to hearing about your success and thanks for reading!
~Emily A. Hay
|Emily Hay is a person with a passion for real estate investing. She firmly believes that long-term real estate investing success requires developed skill and defined action plans, rather than a haphazard approach that results in quick profits. Being on the newer end of the real estate investing spectrum, she is diligently working to build her real estate investing business the right way from the start. |
Emily is also a strong proponent of social media for real estate professionals and entrepreneurs. She believes that a social media presence backed by a clear strategy can be an effective means to market, network and to build a brand.
Emily A. Hay is 27 years old, was raised near Cleveland, Ohio and graduated from The Ohio State University with a marketing degree. She has held several sales positions including Account Executive, selling office equipment at IKON Office Solutions. The B2B sales environment gave her what she considers to be the greatest sales boot camp training one could have.
Extensive reading and research, coupled with working in a small business environment, cemented her belief that real estate investing would give her the opportunity to create the business and life she wants.
Emily Hay currently resides near Detroit, Michigan and focuses her investing in the southeast Michigan area.
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