What’s your why?

Are you crystal clear on your why?

I’ve found one of the most powerful tools for fuelling my drive and motivation has been to consider what meaning I assign to achieving a specific goal.

Generally speaking, the higher the stakes for failure, the higher your motivation for success is going to be. For example: if I don’t pay my mortgage then I could lose my home - pretty high stakes so you're likely to do whatever you can to make that payment.

But what if the stakes aren’t so high or not particularly clear to you? Think about trying to lose some weight. That’s the goal you’ve set yourself, but only you can decide whether it’s a high or low stake outcome.

When you think of a goal you'd like to achieve, consider what meaning you're going to assign to the outcome - is this super important or a nice to have? If it’s just a nice to have then the chances of success just dropped to the floor.

Consider the following responses:

Option 1 - I want to build an investment portfolio and achieve financial freedom BECAUSE my mate told me he is wants to get into property and it sounds like fun.

Option 2 - I want to build an investment portfolio and achieve financial freedom BECAUSE this will bring abundance into my life, meaning I can fully support and protect my family, and provide an education for my kids that gives them a great start in life, so they can achieve their own goals.

Which of the 2 options above would fire you up more?

Turn your goal from a should into a MUST and its likelihood of success will skyrocket.

Knowing your why is key.

Don’t forget that my brand-new Skool community (replacing my old Facebook Group) is live!

In addition to finding and connecting with like-minded people pursuing their goals as property investors you will find various FREE courses and coaching sessions.? Much of my coaching covers universal tactics and strategies so you’ll discover an effective roadmap for building a property portfolio, no matter where in the world you’re based.

I’ll be adding the tools and resources needed to analyse, select, negotiate and purchase any property asset over the coming weeks.? Join the community now and lock in your lifetime free membership – just click the link below.

Podcast # 202. How to go about Funding Your DEAL

This week I reveal some of the scrutiny you need to give your property deal before attempting to raise money from a lender - run it through my D.E.A.L. system. I hope you find it useful…

On the Blog: Is a fixed mindset holding you back?

A fixed mindset is the belief that our abilities, intelligence, and talents are fixed traits that we’re born with and can’t change much. By contrast, a growth mindset is the belief that if you’re dedicated and work hard, then your abilities and intelligence can be developed. Whichever one you have, it will influence how you behave in certain situations, and will dictate your reaction in others.

So, if it’s something you’ve not thought about before, or you’re wondering if your own mindset needs a bit of work, then have a read of this week’s blog!

Get started in REAL ESTATE with Andres Bernal

In this video my conversation takes us to Connecticut in the US where I discuss real estate with Andres Bernal.? With a tennis scholarship under his belt he left the Dominican Republic and was soon working his way into the real estate circles.? This episode has a ton of useful insights - enjoy!

Do you know a lot about investing, or might you still have a lot to learn?

There’s a simple way to find out – by taking The Property Investor Readiness Quiz.

It’ll take you no more than 4-5 minutes, and you’ll be asked 23 questions to assess you on your knowledge, your mindset and your resources. At the end of the quiz, you’ll receive an email with a personalised report providing insight and suggestions.

It’s a great way of getting an objective assessment of how you rank as an investor and ?will provide you with links to useful resources – try it below!

https://eliteproperty.scoreapp.com/

That’s all for this week, see you next time!

Gavin J Gallagher