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Forums » Investor Psychology » Why Most Beginner Fail? and How To NOT Fail!

Why Most Beginner Fail? and How To NOT Fail! Subscribe to Why Most Beginner Fail?  and How To NOT Fail!

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Real Estate Coach · Grand Rapids, Michigan


After watching this awesome Tony robbins interview which you can find here==http://tonyrobbinstraining.com/320/interview-with-frank-kern-and-john-reese/ (It's about why beginners fail at internet marketing, but it's just as relevant for investing...)

I put together a little blueprint of why most beginners fail...



Basically what happens is many rookie investors don't think that "They can make it happen"....meaning they don't have many expectations of what they can do====>When they have low expectations, they don't put forth much effort===>When they don't put forth much effort, they don't get results ==> When they don't get good results==>It reinforces their beliefs that "They can't make it happen" =======>Next time around they have even lower expectations==:>Meaning lower effort==>meaning lower results===Meaning more reinforcement that "they can't make it happen"

the ugly cycle continues....

To break the cycle you need to raise your expectations of yourself....You need to visualize yourself making it happen. Since your subconscious mind cannot tell the difference between, what you visualize and what is real, you'll expect more===>Meaning you put forth more effort===>Meaning you'll get better results==>Meaning you'll expect even more

Basically by using visualization you can cycle your effort up, building major momentum......rather than down, leaving you in an even deeper mental rut.

Hope this helps
Eric Medemar






· Alabama


Eric,
Regarding the Tony Robbins video.... What are the ritual that Tony suggests you to do? I didn't understand that part.



"Think and Grow Rich" by Napoleon Hill covers this process in detail. You need to visualize yourself actually have what it is you want. Visualize the properties you want to own as if you actually have them. Visualize yourself collecting the rent checks, or doing the deals you want to do. Do it twice a day, every day.

Also, recite specially designed statements of what you plan to achieve. Be specific.

It works. But it does have limitations. For example in my case, Angela Jolie has yet to appear at my front door in sheer lingerie. Much to my wife's relief. But hope springs eternal!


Private Money Lender · Dalton, Georgia


Hey guys lets not forget about the best selling book of all time. :D
It states that as a man thinketh in his heart so is he.

It's still the number one best selling self help book.
Any guesses as to the title? :D


Real Estate Investor · Dallas, Texas


Right on, Antoine. This morning I read a little Ezekiel and Ephesians. Zeke and Paul were pretty intense dudes. Not afraid to go against the grain to say what they knew was right.


Private Money Lender · Dalton, Georgia


Jon,
After reading Ephesians it empowers me to expect more and once I expect more my actions begin to follow what I expect. I can appreciate the diagram above because it just re-enforces what those great cloud of witnesses before us believed and shared.


Foreclosure Specialist · Lafayette, Louisiana


Excellent post - good graphics too.

I'm in agreement with your train of thought here. Many of our external influences also affect how we set expectations, not only for our real estate business but for our lives.

In my opinion, a big reason for many beginners failing is directly related to how they feed their minds what kind of foundation they have in place.

If their house is not built on the sand, the winds and rain will crush it.



I'd have to also say that "Atlas Shrugged" should be a must-read for every Entrepreneur.

As the 2nd Most Influential Book after the Bible, it goes to show that the theme of "the role of man's mind in existence" rings clear and true for the Entrepreneur in a capitalist society.


Real Estate Investor · sioux falls, South Dakota


Antoine and John- my problem is, I keep reading Revelations!! Rich in FL.


Hard Money Lender · West Palm Beach, Florida


By the time I was twenty four I had been married for three years and a few short years after that we were having our first child.

During that period I took a degree at New York University School of Finance but since I was working full time as a stock broker I attended classes at night, rough suff.

I will never forget one of the early lessons one of the professors ahared with us. He explained that 98% of entreprenurs that fail do so because they give up just as they are about to succeed.

Lesson learned: never throw your hands up in defeat, simply alter your business plan and make it worl.


Real Estate Investor · Naperville (Chicago), Illinois


All excellent advice... !


Property Manager · Atlanta, Georgia


Great Posts!
LOL Rich!


Real Estate Investor · Lake Worth, Florida


Wow, There are very few posts were the very little bit that's written has so much truth or power then this one.


Real Estate Investor · Indianapolis, Indiana


Great posts with lots of good advice, especially for young professionals and new investors like myself. I've learned from multiple sources that it all comes down to how and what you think and believe.

Young professionals have the disadvantage of others' not taking them seriously. But you first have to take YOURSELF seriously if you want anyone else to.


Real Estate Investor · West Melbourne, Florida


Originally posted by George Bloom


Lesson learned: never throw your hands up in defeat, simply alter your business plan and make it work.


On this same note, I just read a quote from my desk calendar (which happens to be The 7 Habits of Highly Effective People) that states: "The significant problems we face cannot be solved at the same level of thinking we were at when we created them." Said by none other than Albert Einstein.

This thread is great....how is it that I've missed it all this time??? Thanks for replying and bumping it up Christie! :D


Real Estate Investor · Delray Beach, Florida


That's a lovely chart, but the fact is most newbies don't fail. Most never start. Those that do start quit.


Real Estate Investor · Chicago, Illinois


Love this thread. And good point Paul. How can you start to fail if you fail to start?


Real Estate Investor · Palm Harbor, Florida


@ Antoine, I have that scripture in my signature line in every email.

for as a man "thinketh in his heart, so [is] he" Proverbs 23:7

God is Awesome!!


Commercial Lender · Batimore, Maryland


Thanks you guy's,
I really needed this, at this very moment.!!


Real Estate Investor · Ohio


The vast majority of newbies fail - but it's not because they don't "think they can succeed" or any other psychological mumbo jumbo. They fail because they don't understand the REALITIES of whatever business they're trying to start (most often underestimating the operating expenses) and they are too lazy to do "whatever it takes" (i.e. hard work) to succeed.

You can sit on your butt ALL DAY LONG and "think" and you'll NEVER GROW RICH! You can post pictures of a new Mercedes convertible and beautiful people having fun all over your apartment; you can chant "I feel rich" until you lose your voice and you'll NEVER SUCCEED!

Wake up people! All that psychological mumbo jumbo does is waste the time you could be spending working your butt off to build a business!


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