¶ You're Thinking About This All Wrong
Tired of not getting the results you want . You're thinking about this all wrong . Hello and welcome to the Property Unleashed , sponsored by ETA , your roadmap to property investing success . My name's Mark Fitzgerald . It's great to have you joining me here today . Property Investing Success . My name's Mark Fitzgerald . It's great to have you joining me here today .
So what do I mean by ? If you're not getting the results that you want , or things are being very , very slow for you and progress is very , very limited , how can we help you with all of that ?
Well , what I will say is , when I was very , very early on in my property investing journey , you're looking at the bigger picture , you set all of these lofty goals and you are ready to go out there and you are ready to take action . But for things to happen in life , for things to happen and be successful in business as well , it is going to take time .
Now , I do say that time you should look at and use as your friend , because you need time to work on your side . If you are in a hurry and in a rush to try and get everything sorted and up and running within a matter of days , months or something like that , then chances are you're going to be rather disappointed . Now , what I have learned
¶ Focus on Benefits, Not Just Work
in that time and I didn't really learn this until I was a couple of years in is it's great to focus on the benefits that you're heading towards , not the work that you need to do , the work you still need to plan in and you need to get it done .
But a lot of the times we focus so much on the work that we need to be doing to get the results that we don't . We don't actually focus on the benefits of us growing as individuals as we're doing this , the benefits of how it's going to help our lives , how it's going to help , basically , our bank balance as well .
We focus on the work , we focus on the doing and , of course , if you're not getting the results that you want , that can be very disheartening . It can also set you back as well . Why ? Because eventually , you start to think it won't work . I need to start trying to do something else , and that's a very dangerous game to play .
If you start looking at different strategies all the time , ping-ponging around trying to try different things , chances are you end up getting confused , you get demoralized and then you go off and you try to do something else .
If you're hell-bent in building a property portfolio or a property business , like I have , then you need to make sure that you're focusing on why you're doing it and the benefits of learning new strategies and , of course , getting out there . And what do I mean by that ?
Well , let's just say you're getting out there , you're starting to meet new people , you're networking . You've never really networked before . You've certainly never picked up the phone and started
¶ Growing Beyond Your Comfort Zone
calling agents , cold calling companies , to see if you can do deals or if they've got property deals for you . All of a sudden , as a person , you are growing . You are getting out there , you're meeting new people , you're facing some fears , some apprehensions that you have , and you're stepping past those .
So you are growing as an individual and those are the benefits that can help you the rest of your life , and a lot of the time we don't even notice it . So when I started out and when I started getting out there , I was talking to people . I felt like I was a fraud because I didn't have any property deals .
Obviously , I felt like I was a fraud because I didn't have any property deals . Obviously , starting out , all I had , all I'd actually done , was bought my own house .
I was talking to these investors , I was talking to these landlords with lots and lots of properties that were making lots and lots of money and for me , I really had to push myself out of my own comfort zone to um , not only achieve the results that I wanted to achieve , but also getting out of my own way .
It had been very easy for me , particularly at the first networking event I went to . I stayed for a little bit afterwards , but I didn't probably stay as long as I should have , as long as I would now , which is , I work the room afterwards now and I try and get the maximum I can out of the room and out of the networks and everything , because I'm there .
I've spent the time to be there , but at the time I didn't . But it was a big , big push for me just to go and turn up at one of these events and of course , you forget this as you're going along your property journey . You know the cold calling that you've been doing that's finally got those deals over the line or got you the results that you want .
There are so many great benefits of you learning more , educating you more , rather than just thinking about all of the work hard graph and , potentially , disappointments that you have along the way . You will have disappointments along the way .
Things will not be smooth running , things will go wrong , you will lose a bit of money here or there , you will do maybe a deal that's not as good as you wanted , or somebody will let you down and pull out . Those things will all happen and they are all part and parcel of the journey . It's not just easy street .
Here we go happy days , find a deal and then watch the cashflow coming through , and if anybody tells you it is , then they're lying to you . We can sometimes dream about it . It's not as bad as it sounds , but it is gonna be a challenge . It is gonna be work and it is gonna
¶ Embrace the Challenge and Journal Growth
take time , but it is going to be a challenge . It is going to be work and it is going to take time . But don't focus on the work . Know the work that you need to do . Try and get those bits and bobs done , those tasks as I always like to set out each and every day .
Have those tasks ready to be able to push forward , to be able to build your property , investing business and , of course , focus on the person that you're becoming . Make sure that you're journaling , you're taking notes . What have I learned today ? I like to learn in my journal , so I write down key learnings .
It may be from a book , it may be from a podcast , it may be just from something that I've seen or heard or listened to , but I write those down . Why ? Because they are key learnings that I can go back and I can learn from time and time again .
And not only that so can my kids now they can read my journals and they will get learnings from those journals Mistakes that I've made , things not to do and all of those sorts of things .
So make sure that you're focusing on the benefits of the person that's growing and , of course , how you're getting out there as well , not always on the workload that you need to be doing . And if you're a very , very busy person , which most of us are in this day and age , do make sure that you're scheduling everything in to get it done in a timely manner .
You want to make sure that if you need to make those phone calls , they're scheduled , they're in your diary and you're going to make those phone calls and make sure that you hold yourself accountable to the tasks that you have . But again , like I say , focus on the benefits , focus on what your life's going to be like and start trying to live that life .
Because when I started out I thought I'll be happy when I'll be happy when I've got X amount of thousands coming in each month . I'll be happy when I don't have to turn up to my day job anymore . I'll be happy when I have this . I have that . Trust me , if you are not happy now , you will not be any happier . You might have less worries .
Money can obviously bring you less worries . It can bring you security . But enjoy the journey . Very early on was in such a hurry that I never really focused on the benefits .
I never really focused on the person I was becoming and I had to stop at one point I was about 18 months in and really start working on myself so that I could become a happier person in what I was doing . So by looking at the person you're growing into , then you can focus on being that person .
I want to be the best father , the best property investor , best business owner and I want to be the fittest and healthiest I can be .
Those are the four things that I'm always working on to improve on and of course , I know that if I am focused on those , if I am hitting my tasks that I set myself and challenge myself , then I'm creating the life that I desire .
¶ Creating Long-Term Success and Community Support
So it's great to see a lot of people out there doing well , but it also breaks my heart when I see a lot of people out there flittering around thinking that the next best training or the next big idea is going to be the answer .
And chances are because they haven't got those foundations in place to just get out there , focus on the benefits rather than the work and keep going . They don't give themselves long enough to actually get the there . Focus on the benefits rather than the work and keep going . They don't give themselves long enough to actually get the results that they want .
And that's the other thing . When I was talking about time , you need to be making sure that you don't expect everything to happen right here , right now . If you are struggling to survive and you're trying to get into property to help you survive , you need to maybe look at having a part-time job . That's what I would have done .
I was quite lucky by the time I was looking at getting quite low on money . I already had a good few deals there . So I didn't have to do that .
But what I would have done is if I hadn't after I took voluntary redundancy if I'd have run out of money , I would have gone and got a job part-time job but I would have continued to do the property investing alongside it as well . You will need some money to get deals and do things . Whether it's deal sourcing , you're going to need to be compliant .
You're going to need to pay money for that . Whether it's doing rent to rent , you might need to put a little bit of money into a property . I'm not talking about thousands , a couple of hundred quid , but you'll need money for marketing and things . You don't need thousands and thousands to do all of this , but you do need a little bit of money .
So make sure that you have got that gap plugged as well . If you need any help or support with this , we do have a new community , which you've probably heard me talk about . I am going to do an episode on it as well , called Education to Action Property Education to Action .
So it really gives you the foundations to learn all the different property strategies deal sourcing , rent to rent , service accommodation , hmos All of the different trainings in-depth trainings are in there that you can access straight away so you can see which strategies are right for you and then as a community , we can help you then implement what you're doing for
our live coaching sessions , our community support , and it really is about taking the education that you have and putting it into action . So if you're interested in that , check out education2actioncom and I'll see you in the next episode . Take care . Bye for now .
