How to Stop Giving Up And Finally Create The Property Business Of Your Dreams

How to Stop Giving Up And Finally Create The Property Business Of Your Dreams

Property investing is an exciting business that gives you the opportunity to make money, take control of your career and achieve your business and life goals.

However, the business also comes with inevitable challenges and setbacks that may discourage you and cause you to lose faith in yourself—if you let them.

Why Property Investors Give Up

Most property investors become interested in this wealth creation vehicle after reading a book, attending a seminar or talking to another successful property investor.

Learning about the business (especially the earning potential!) gets them excited enough to take action, so they begin making a plan and searching for their first deal.

Assess any property deal… In minutes!

Save time. Reduce risk. Evaluate any deal with certainty. For FREE!

Download my deal assessment tool now:

But after a while, their enthusiasm starts to fade.

Maybe it was taking them too long a time to land their first deal. Maybe they experienced a setback, such as a difficult renovation, a deal-gone-bad or trouble with a joint venture partner.

Regardless of the reason, they become disheartened and start to question whether property investing is the right choice for them.

They may even start to blame themselves or others for their lack of success, causing them to lose faith in what they are doing and give up altogether.

The Three Tools That Every Property Investor Needs to Succeed

To push forward when the going gets tough, you have to have a solid plan in place and the right tools to keep you motivated.

Most property investors who give up are missing these three critical tools:

1. A big reason to succeed

You need to clearly understand the reason why property investing is important to you and have an emotional connection to it.

Perhaps you want to achieve financial freedom and leave a legacy for your children. Maybe you want to be your own boss or have the flexibility to live abroad.

Whatever the reason, it has to be clear and compelling.

2. Persistence

Like most worthwhile pursuits, property investing doesn’t always come easily—so you have to be willing to take action every day in order to move forward.

Make a plan to do one small thing, such as calling an agent every day or visiting properties three times a week, and give that task high priority on your “to-do” list.

3. Self-belief

Everyone struggles to believe in themselves when they hit a low point, so make sure you enlist the help of a coach, mentor or even the Property Resource Shop community to give you the boost you need.

Getting Out of the Downward Spiral

The sad fact is that most property investors give up just before they are about to experience a huge breakthrough—and all they would have needed to push through the rough patch was a little reassurance, advice and motivation fueled by a glimmer of hope.

Over 5,500 Members!

Connect with over 5,500 like-minded DIY investors.

Discover what's working right now for people like you.

Thousands have attended our Brisbane, Sunshine Coast and Gold Coast meetups… And what about you?

In this business (and in life), I believe that the universe tests you in big and small ways to see if you are really committed and serious about achieving your goals.

I believe that although you can’t always see the finish line, you’re sure to eventually find it if you keep running in the right direction.

Here are some tips that will help you to blast through those low points with the confidence that the best is yet to come:

1. Get excited

If you’re starting to lose hope and feel frustrated and discouraged, it probably means that you’re getting close to having a major breakthrough.

Taking those bad feelings and turning them on their head can give you the motivation you need to keep going.

The frustration you’re feeling is a sign that you are getting close to success so get excited!

2. Go the extra mile

Ninety-eight per cent of property investors won’t go the extra mile when things get tough.

Use that knowledge as fuel to push yourself—with only 2 per cent of people working as hard as you, it should be easy for you to get ahead of the pack.

3. Pay attention to your mood

When things start to go downhill, keep close tabs on how you’re feeling and how you react.

When you take an honest look at your feelings and thoughts, you can develop some coping strategies to handle inevitable setbacks.

4. Prioritise personal development

Personal development goes hand-in-hand with property investing.

If something, such as fear of failure or lack of self-belief, is blocking your path to success, you need to resolve the issue and get help from a coach or mentor, if necessary.

5. Focus on the long-term

Always remember that property investing is not a race. Don’t get caught up in the market hype; instead, focus on long-term wealth creation.

6. Be open to new opportunities

Success usually doesn’t happen in a straight line.

When you’re too rigid about following a projected path to achieve your goals, you might miss out on other opportunities that could lead to even greater success.

Reach out to me in the comments below and let me know what you’re struggling with at the moment.

Over 160 Real Deal Case Studies… FOR FREE!

Looking for proven ways to create profits in the current market?

You'll find over 160 step-by-step case studies inside your Ultimate Property Hub membership… included for free!

One thought on "How to Stop Giving Up And Finally Create The Property Business Of Your Dreams"

– I can relate to this article.

I have had a plumbing business for the past 7 years but due to some unfortunate circumstances with builders it has cost me a lot of money.

So I have lost a bit of faith in people and feel a bit stuck on how to achieve my financial goals.

Running the plumbing business took up a lot of hours trying to do both I think would be very difficult.

Any advice on where to start would be much appreciated.

Kind regards,

Luke

Leave a Reply

Your email address will not be published.