Self Sabotage – Do You Really Want To Be A Real Estate Investor?

Remember when you learned to drive. You had your foot on the gas pedal, but also on the break. You obviously wanted the car to move forward, but at the same time you were worried about not having enough control and the car speeding up.

This behavior is exactly what happens with a lot of people who want to become real estate investors. The excitement of the possibility of having their own business, achieving time and financial freedom, but at the same time fear and anxiety.

This is like driving with your foot on the brake pedal.

It’s certainly scary to step out of the comfort zone, what you are familiar with, and venture out to something totally new. But like Deepak Chopra says, “Every time you are tempted to react in the same old way, ask if you want to be a prisoner of the past or a pioneer of the future.”

Self Sabotage – How do you conquer fear and anxiety, and “release the brake?”

First of all, normalize fear. It’s totally normal (and healthy) to have a certain amount of fear. Years ago, when I was getting my airplane pilot license, my instructor said, “As a pilot, you always want to have a little bit of fear. The day you have no fear, you are going to make some costly mistake.”
With that said, you also need to conquer the fear. Recognize it, face it and ask yourself what you can do to alleviate the fear. More knowledge and training? Finding the right community of like-minded people?
The second component to self sabotage is anxiety. Wikipedia states, “Anxiety is a worry about future events and fear is a reaction to current events.”
Surprisingly enough, I have realized over the years that the same goals that we hold dear are also the reasons for the anxiety. Questions in our mind like, “What if I fail?” or “What if I make a mistake?” cause a lot of anxiety for beginner investors.

So what can you do to stop self sabotage?

  • Acknowledge;
  • Take the time to reflect and come up with a plan that works for you to tackle fear and anxiety;
  • Act.

It’s important to remember that you are not alone. A lot of people have your same feelings of fear and anxiety, and therefore drive through life with their foot on the brake pedal.

Rose Kennedy said, “No comprehension or learning can take place in an atmosphere of anxiety.”

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