Tuesday, 16 March 2010

Think How? Take Action

Recently I have been speaking to a number of people who want to invest in property, but have worries of doing it. This is because it is often it is your first one, or have had bad experiences in the past.

Although most of them have done some learning from books or seminars or know people who successful in properties. There is something that holds them back to trying it and moving forward.

Maybe for some of you, you have the following worries. But here are some suggestions that could move you forward:
  • Lack of knowledge – Then go and learn from other people. There are books available, seminars, audio CD, other investors & mentors, property network meetings. There are plenty of way to increase your knowledge.
  • Lack of experience or previous bad experience – Remember learning to ride a bike, learn to drive or Swim, etc. Once you done your first and repeated it, you get more familar and more experiences to carry on and do better next time. Also we all have mistakes. I have certainly made plenty of them. However if you constantly improve and learn to do better next time and be persistent in properties it will give you great wealth over the long term.
  • Other people influence – Be careful who you are listening to; have an open mind to listen but remember lots of people who talk negatively haven’t even invested or have the know how, so be selective who you listen to. Consider have they achieved where you want to get to or they just talk and have negative views? You should copy people who are successful and follow their path and you will get to where they are.
  • Market condition – It is said during in bad times; there are more self made millionaires than during normal times. If you have an open mind and take the opportunities we have today you will be much better of. Imagine you didn’t do anything in these bad times and 10 years later you regret not even had done anything or even tried it.
  • Not enough capital – Find ways to get finance; partner up with people who have money, Joint venture with someone, equity release from your home, borrow money form somewhere or find ways to make money. Think of how you could?
  • Don’t have time – Again partner up with people who have time, they can do the research or instead of doing something like watching TV for 2 hours each evening, then for example only watch 1 hour each evening and spend time research with the other hour. You can plan your time and make time. Book yourself an appointment with yourself.

There’s a saying which says “If you do what everyone else do, you get what everyone else gets

It’s all about taking action; it doesn’t have to be big steps. It can be very small steps, but by taking these small steps you start to move to where you want to get to.

Another saying asks “How do you eat an elephant? One Bite at a Time


Think HOW? Take ACTION.

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