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If You Can’t Challenge These Common Self-Defeating Thoughts, You’re Not Ready to Invest

Marcus Maloney
2 min read
If You Can’t Challenge These Common Self-Defeating Thoughts, You’re Not Ready to Invest

There is a truth and reality that make this post really difficult to write. It’s because I have to admit something… I’m all over the place.

Does this come as a shock to you? It shouldn’t, and here’s why.

Let Me Explain

I had a complete awaking this past Sunday evening. I was watching The Potter’s House Live and Bishop T.D. Jakes was discussing the psychological stresses entrepreneurs face. There’s often a huge difference between what you see materialized in your life currently, and what your inner man sees for your future. If you’ve ever been in this position, it’s difficult. Honestly, it’s hard to pinpoint exactly what’s going on.

On one hand you’re talking faith and empowerment, believing you can accomplish anything. But on the other hand you’re frightened by what could be.

You’re thinking and saying things like, “I’m not going to let anything stop me from closing my first deal. I GOT THIS!”

And then in the next few moments you’re saying, “What am I doing wrong? I see others posting checks and closing deals. I don’t know what the hell I’m doing.”

Inside you, there are two voices; it seems like you’re stuck between two paradigms. You know you can do better, but doing better could cause you to fail.

This is the investor’s psychological dichotomy. You’re talking faith and fear at the same time.

Related: 5 Steps That Took Me From Scared Newbie to Accomplished Investor

Frustrated student behind the desk keeping hands on face

Indecision Must Die

I have to say, after listening to Bishop Jakes, it made me realize that most of us are stuck in indecision. Sometimes we listen to one voice and the next moment someone else is speaking to us. We believe we can solve the problem by doing nothing, but that creates more angst. You’re at the crossroads of moving into your destiny and purpose or staying in complacency.

Every entrepreneur has to face this junction in life—to play it safe or jump.

Those who jump are viewed as absurd. The people around them can’t believe they’re going to leave their corporate job. But those who don’t make the plunge live with the regrets of what could’ve been.

Then there are those who know they should make the jump, but they wrestle with self-doubt. Meanwhile, the indecision is killing their health, their relationships, and their finances.

When getting ready to make the leap, most have to contend with adversarial thoughts like these:

  • Am I doing the right thing?
  • What if I fail?
  • How will I pay my bills?
  • What do I do about medical benefits?
  • How will I prepare for retirement?
  • What will my spouse think?
  • How will I afford marketing if I don’t close a deal?

Related: 8 Real Estate Investing Myths That Hold Investors Back—Busted

If you’re not ready to challenge these thoughts and still jump despite not knowing all the answers, stay in your 9 to 5. Those willing to take the leap will jump without knowing all the details. You have to be a little bold to do that.

I’ve made a vow to myself that fear and procrastination will not stop me. To be an entrepreneur, you have to press toward what you know you can accomplish.

Silhouette of male on the mountain. Leadership Concept

Now That You Know, What’s Next?

I urge you to think BIG and dream BIGGER. Don’t let your mind talk you out of what you know is inside you.

If you find yourself dealing with the psychological dichotomy that’s so common among real estate investors, it’s OK.

In fact, let’s hear some of the thoughts you’re wrestling with! I’m sure you’re not the only one in the community facing these challenges. We can all work together to ease some of the internal struggles we all go through as entrepreneurs.blog ads 01

Can you relate? Want to talk about it? 

Let’s discuss in the comment section below. 

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.