Why Most Beginner Fail? and How To NOT Fail!

Why Most Beginner Fail? and How To NOT Fail!

Real Estate Coach · Grand Rapids, MI · Member since 2008 · 204 posts · 188 votes

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





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Real Estate Investor · OH · Member since 2008 · 4k+ posts · 1k+ votes
16y

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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  • Odenvill, AL · Member since 2008 · 25 posts · 0 votes
    17y

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

  • Private Money Lender · Dalton, GA · Member since 2009 · 37 posts · 15 votes
    17y

    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

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    17y

    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, GA · Member since 2009 · 37 posts · 15 votes
    17y

    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, LA · Member since 2009 · 68 posts · 31 votes
    16y

    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.

  • Member since 2009 · 204 posts · 23 votes
    16y

    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 · the villages, FL · Member since 2008 · 5k+ posts · 3k+ votes
    16y

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

  • Hard Money Lender · West Palm Beach, FL · Member since 2009 · 181 posts · 29 votes
    16y

    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), IL · Member since 2010 · 60 posts · 11 votes
    16y

    All excellent advice... !

  • Property Manager · Atlanta, GA · Member since 2010 · 39 posts · 15 votes
    16y

    Great Posts!
    LOL Rich!

  • Real Estate Investor · Lake Worth, FL · Member since 2009 · 263 posts · 92 votes
    16y

    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, IN · Member since 2009 · 120 posts · 13 votes
    16y

    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.

  • Rental Property Investor · Palm Bay, FL · Member since 2009 · 511 posts · 290 votes
    16y
    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

  • Wholesaler · Melbourne, FL · Member since 2010 · 72 posts · 59 votes
    16y

    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, IL · Member since 2009 · 91 posts · 22 votes
    16y

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

  • Real Estate Investor · Palm Harbor, FL · Member since 2009 · 79 posts · 76 votes
    16y

    @ 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!!

  • New York, NY · Member since 2009 · 47 posts · 1 vote
    16y

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

  • Real Estate Investor · OH · Member since 2008 · 4k+ posts · 1k+ votes
    16y

    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!

  • Wholesaler · romulus, NY · Member since 2008 · 18 posts · 5 votes
    16y

    Okay, I'm thrust into the side of the nembies. Biblical quotes
    are always a comfort IF you understand the whole area of it's meaning but not a profound
    & motivated answer to an explanation due. I could write
    a page on this subject but I won't. There are a few reasons
    and the psychology is simple.
    But, let me draw a picture -- you visit a nursery with 50 new citizens to be and ONE is crying very noisy-what happens next is that baby gets
    attention. A newbie is like a baby--it requires observant care. Horace (65-8 BC)Roman Poet " Adversity has the effect of eliciting talents which, in prosperous circumstances, would have lain dormant. --Our guru's.teachers ,etc.,etc.,must
    fucus( Attitude determines altitude.) That baby needs understanding ( When we do the best we can, we never know what miracle is wrought in our life, or in the life of another. ) - HelenKeller So, it is someone else other then the newbie who needs rearrangment of thinking on how to give attenation to a crying baby.

  • Real Estate Investor · OH · Member since 2008 · 4k+ posts · 1k+ votes
    16y

    Actually, I think that's a GREAT ANALOGY! Many newbies, especially the vast majority who fail, ARE a lot like babies. They cry and whine about not being successful, but they don't do anything productive to be successful. They chant "I feel successful" because some guru told them to do so. They post pictures of beautiful people riding in a Mercedes convertible and visualize (daydream) themselves driving that Mercedes and those beautiful friends. At the end of the day, they've accomplished absolutely nothing but pumping up their own ego. My advice - forget the mumbo jumbo and get to work!

  • Wholesaler · romulus, NY · Member since 2008 · 18 posts · 5 votes
    16y

    MR. Rossi, is so right "My advice - forget the mumbo jumbo and get to work! "It is better to wear out one's shoes than one's sheets. " - Genoese Proverb I remember
    one of teacher's saying that "
    worry gives things big shadows" One has first understand that we provide a service to a seller (that's work).
    We market our product (that's
    also work). We can write numerous work task and the only advice that is real, is; working what you learn on a daily lesson- just do it. If you wait to do a lesson it could be
    a negative action. Baby steps
    will have escalation that will enable one to walk a mile.
    "Do not falter or shrink; But just think out your work, And just work out your think".- -- Nixon Waterman. Tactics are to just work what you know.
    "My advice - forget the mumbo jumbo and get to work." Michael Rossi That's realistic.

  • Real Estate Investor · Kalamazoo, MI · Member since 2010 · 681 posts · 241 votes
    16y

    I think a lot of newbies are looking for get rich quick schemes. They've seen the guru videos where some guy in a T-Shirt with his hat on backwards is telling them he's made millions while sitting at Starbucks or beside a pool with his laptop. The reality is you have to work really hard, and work smart. You have to study, and know what you're doing, and then you have to put the time in. The road to success is paved by lots of hard work. You can outsource portions of your business, but I believe you have to understand all aspects of your work to be successful. Remember, no one takes care of your business like you will.

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
    16y
    Originally posted by MikeOH:
    They chant "I feel successful" because some guru told them to do so.


    Exactly. And why does the guru tell them to do so?

    Because that way, when the beginner fails, the guru can say, "You didn't believe in yourself enough. You didn't affirm your capabilities enough. You didn't have the right attitude to succeed."

    In that way, the guru never has to take the blame for the failure of his students.

    Tony Robbins and Napoleon Hill are two great examples. When their students (or their readers) succeed, Tony and Napoleon get all the credit; when their students fail, those students assume that it's because they didn't believe enough in themselves or they didn't affirm their greatness in front of the mirror enough times.

    It's a win/win for the gurus, and a lose/lose for the students.

    Not to mention it makes REAL teachers look bad because a real teacher is willing to accept at least some of the blame when their students fail...

    Mike still said it best: You can spend all your time reading self-help books, listening to tapes, and standing in front of a mirror reaffirming yourself, or you can use that time to actually be productive.
  • Real Estate Investor · Austin, TX · Member since 2009 · 118 posts · 76 votes
    16y

    I just finished reading the E Myth by Michael Gruber. It details why small businesses fail extremely accurately. Most people who get into RE Investing are good at the technical aspects, but don't focus on a plan or managing the other financial aspects of the business. Great read for RE Investors.

  • Mobile Home Investor · Spanaway, WA · Member since 2008 · 1k+ posts · 578 votes
    16y

    Another book that comes to mind is "The Power of Positive Thinking". Anyone can be a certain name gurus have come up with "Negative Nellie". You have to believe enough and your subconcious mind will figure out the answer to any roadblocks in your way to success!

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