“For 12months I looked at every property strategy possible and how it could get me to achieve my goals…
When I looked back12months later, I was further away from my goals than when I started…”
- Grant Robe
Let me ask you a few questions here... after all we don’t know what we don’t know. Sometimes we know it, we’ve just never been given the opportunity to realise we knew in the first place.
How many of you studied property development, or even basic refurbishment at school?
How many of your maths lessons taught you to calculating ROI in any capacity?
How many of us understand the difference between good debt and bad debt? Let me take this one step further…
How many people knew you couldn’t buy a mobile phone in your own name without a credit score?
Who knew if you miss a direct debit payment where you have borrowed money, it will significantly decrease your ability to obtain credit in the future?
How many of us, who haven’t chosen to go to University to study law or finance, know what the process entails to purchase a property?
I could go on…
We were never taught to do so. The education system (which in my opinion in the UK expired about 100 years ago, but that’s another post) does not teach us to be property investors.
For most of us, me included, it goes against everything we have been taught about getting an education, getting a job and working on our retirement plan. Which, as Robert Kiyosaki shows us all, is an obsolete way of working… we’re taught how to work in a system that in our generation, doesn’t work. GREAT!!
All of the above (as even reading it back to myself I’m worn out) shows us that property is different, it’s not what were taught at school and is enough to give most people a migraine before they even get up from the couch.
And this is where most people stop…
We call it paralysis by analysis – information overload resulting in no action being taken.
Would you agree, even in this short explanation, it’s becoming clear why don’t take any action?
Let’s look at the other end of the spectrum, our end of the spectrum – ‘The Doers’. This is around 1% of the population (if that) and can get very detailed at the top. We can discuss it together when we are there.
What causes ‘The Doers’ to see the above challenges and go, yeah that's for me!?!? Most would call us crazy, deranged, weird and a whole variety of other complementary names to gear us up to carry on.
In my short experience, it comes down to one main thing, maybe two depending on the individual.
For most, that one reason is… WHY!
They see property as a vehicle to get to where they want to go. They see it as the answer to their problems. They see it as the biggest opportunity for them and those close to them. This WHY is driven by a pain that goes above and beyond anything else. For most, they get emotional just talking about it. This is the core value that drives everything they do. Dr John DeMartini shows us that, anything other than our highest value, is someone else’s value.
Everyone’s values and WHY are different. Here are some examples that I’ve come across in my short time:
Leaving a legacy
Want a 21st century lifestyle, not being tied to a desk
Charity/ A purposeful cause
The ability to have choices. Not dictated to by someone else
Once you know why you are doing something, it becomes a whole lot easier to get it done.
For some, understanding this reason why can take time, it can change along the way, or it can develop and grow into something more. The point here is it will come. So don't wait. If you want things to change, start now.