Stepping Outside of Your Comfort Zone

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I was reminded this week about just how important stepping outside your comfort zone is not only your business growth but for your personal growth. You absolutely have to do it if you are to succeed in this life. Taking on smaller challenges as they occur, will make it so much easier when something big comes along that you have to face. That might be a big challenge or even a big opportunity. Both of these will almost always require you to step outside your comfort zone.

Firsts

My granddaughter Jordan had her first day at middle school this past Wednesday. Making that transition from elementary school was scary not only for her but for most of her friends. She started to worry months ago about getting her locker open quickly since she had never had a locker before. Then there was the school itself; it was much bigger, and she would have to change classes this year. There were going to be a lot of challenges and “firsts” for her.

We took some steps to help her out, as did the school at a lengthy orientation. We purchased a combination lock for her to “practice on”. The school had the kids take their schedules with them to orientation and locate their classes ahead of time. On the first day of school, the janitor would magically appear if one of those darn lockers “got stuck” and the new student needed help. There were many other things that took place to ensure that these students would be successful at navigating these changes. And all of these little things were designed to build their confidence so that when the “next big step” in their life came along, they would know that they could handle it.

The 3 P’s

This whole experience reminded me of how we as adults and business people should live our lives. Here three things you need for success:

Preparation

Most of the time, luck has very little to do with success. Success happens when preparation meets opportunity. I don’t know a single successful entrepreneur that isn’t committed to lifelong learning. Once you have determined exactly where you want to go, make a detailed plan to get there. Study and learn what you need to know; fill in the gaps in your knowledge so you will be prepared when opportunity unexpectedly smacks you in the face.

Positioning

You wouldn’t hang out at a bowling alley every night if you wanted to be a star baseball player, so choose your networking opportunities with this in mind. I’m not suggesting you give up things you like doing, but schedule time to network with like-minded folks whether that is at your local REIA meeting, NAWBO (the National Association of Women Business Owners), Toastmasters or another business group in your area that interests you. You might also consider more informal lunch meetings with other entrepreneurs to just brainstorm. They don’t necessarily have to be real estate investors. If you have a friend that is passionate about SEO, take him to lunch one day and see how you can share information.

Power

There is great power in mastermind groups. I belong to one along with 5 other people from different parts the country. Everyone in my group is a real estate investor, but they come from very different backgrounds and have different skill sets. Some even have another business not related to real estate. We have a monthly conference call that lasts somewhere between 90 minutes to 2 hours each time. We each have time to talk about what we are working on in our businesses, what we hope to accomplish and challenges or problems we are facing. We brainstorm about product creation and marketing.

It’s really hard to put into words the great things that happen as a result of being part of a mastermind group. Someone not connected to your business can often quickly see a solution a problem you are having; they may have already faced this same challenge. Your knowledge will grow at a phenomenal rate when you belong to a mastermind group. These folks will hold you accountable for what you say you are going to do therefore your business will also grow at a much faster rate than if you were going it alone. And let’s face it; we all know that it’s great to have someone to pump you up when you hit a rough patch.

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About Author

Sharon has been investing in real estate since 1998. She owned and operated a successful home inspection company for 17 years. In January of 2008 she took the leap of closing her business to become a full time real estate investor.

10 Comments

  1. Hey Sharon, could not agree more. in real estate investing, the biggest step to success is taking that first leap outside your comfort zone; going to your first REIA meeting, joining your local chamber, reaching out to other real estate investors to start a mastermind, striking up a conversation with a neighbor about potentially investing in one your house flips. These all require people to step out of the comfort of what they know into an area they may not know – controlling your fear and just making it happen. Bottom line: put yourself out there, you never know what you will get back in return.

      • Its funny, Ive been coaching students to flip houses for a while now and it is always the #1 thing they need to overcome to be successful. Learning how to overcome fear is far more important than finding the house, how to buy it, get financing, do the rehab, sell it…
        Great topic you hit on here. Thanks for writing about it!

  2. Sharon, an excellent and thought provoking post as usual. I agree completely that the first step out of your comfort zone is important, but that your success depends on how you continue to step out of your comfort zone. What it takes to start the journey, will be required to complete it!

  3. Thank you Jason.

    It’s funny how the topics of my articles come about. This time it was a challenge and lessons for Jordan that made me think about how this works for “grown-ups” too. Thanks for stopping by and taking the time to comment. I appreciate your feedback.

  4. Daniel Fisher on

    Sharon, this post brings out a lot of what Jeff Olson writes about in his book The Slight Edge. Great article, and keep moving to the edge. You’ll grow immensely!

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