It’s proven. Humans are more afraid of losing than happy to win. People are afraid to lose money. People want to make a lot of money. People let the fear of losing prevent them from taking risk to earn great money.
Afraid To Lose
Don’t let the fear of losing stop you from going after your goals and dreams. I’m not saying to take unreasonable risks or gamble your money away.
What I’m saying is;
- get educated
- read books
- listen to podcasts
- meet other people that have done what you want to do
- hire a mentor
Then take action!
I’ve interviewed many very successful real estate investors and a common theme between them is that they think to themselves “what’s the worse thing that can happen? Then what’s the upside and how can they mitigate the downside risk?”
Then they take action!!!
I had one investor tell me he made a million dollars on his first multifamily investment. Was he scared, yes! Did others tell him he was overpaying, yes! Did he have 100% certainty, no!
Those people that told him he was overpaying probably are still sitting on the sidelines.
Why do I share this story with you?
I want people to succeed. I want people to go after their dreams and goals. I want people to take action. Too many people wish they were doing something else. Make a plan and go after it!
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