Around 2007/8 I learned that in order to do bigger deals and take on bigger projects you have to grow bigger than your problems you currently have.
There was a time that a flat tire or spilled milk was a big problem in my life. Small problems would get under my skin and cause me to make bad choices.
In order to do REI I had to learn to handle little stuff better and recognize the big picture/problems.
I understood this for me but I am amazed with my wife. She is the saver of the family, very conservative and risk averse. Our first investment property was scary for both of us but probably more for her given her mentality.
Over the years we have done many REI deals and not all of them have gone our way. This has toughened both of us because we both see that we can survive. She has seen how bad it can get and it’s OK.
The last few weeks I have been considering new directions. I have a steep learning curve. I threw out a possible deal to my wife last night to see where she was mentally. I told her the upside and the downside, didn’t sugar coat it. After many years of marriage, I was expecting a firm "no way, too risky". I was surprised at her response. “Well, considering all the REI stuff we have done, this deal is nothing.â€
We are both works in progress but I have to give kudos to my wife for her mindset change. I am impressed.
Point is that what was once scary is now the norm. We are both ready for new and exciting challenges.
If you are letting fear of the unknown hold you back, you have to break through. Think about the worst that could possibly happen and could you survive it. If the answer is yes, then do your due diligence and move on! You will never get where you want to go until you get past this irrational fear.
I wish you all good fortune on your journey.
There was a time that a flat tire or spilled milk was a big problem in my life. Small problems would get under my skin and cause me to make bad choices.
In order to do REI I had to learn to handle little stuff better and recognize the big picture/problems.
I understood this for me but I am amazed with my wife. She is the saver of the family, very conservative and risk averse. Our first investment property was scary for both of us but probably more for her given her mentality.
Over the years we have done many REI deals and not all of them have gone our way. This has toughened both of us because we both see that we can survive. She has seen how bad it can get and it’s OK.
The last few weeks I have been considering new directions. I have a steep learning curve. I threw out a possible deal to my wife last night to see where she was mentally. I told her the upside and the downside, didn’t sugar coat it. After many years of marriage, I was expecting a firm "no way, too risky". I was surprised at her response. “Well, considering all the REI stuff we have done, this deal is nothing.â€
We are both works in progress but I have to give kudos to my wife for her mindset change. I am impressed.
Point is that what was once scary is now the norm. We are both ready for new and exciting challenges.
If you are letting fear of the unknown hold you back, you have to break through. Think about the worst that could possibly happen and could you survive it. If the answer is yes, then do your due diligence and move on! You will never get where you want to go until you get past this irrational fear.
I wish you all good fortune on your journey.
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