Fear Of Success & Failure

[Kylie A.]

I’m looking for advice or opinions from others who have struggled with this or have felt like this. I really want to be successful, but whenever I try to do anything related to my career—like investing or researching, especially in wholesaling—I get hit with a wave of anxiety. I explain this to people, but they often don’t understand. Many think it’s strange to be scared of success, or they make fun of me for it, and I don’t understand it myself.

I genuinely want to be rich and financially free; part of me believes I can do it, but deep down, my mind or whatever doesn’t. It could be my self-hatred, maybe. It has been hard for me. I’m 23 now, and I have a hard time with consistency. I’ve been slowly integrating tasks so it’s not so overwhelming. Is there anyone else out there who has dealt with this and is successful?

[Julia Lyrberg]

You’re definitely not alone in feeling this way—success and the pressure to achieve it can bring a lot of anxiety, especially when you’re just starting out. The fact that you’re aware of it and taking small steps is huge! A lot of people deal with the same fear of taking the leap. Try focusing on one small, manageable task at a time, like researching one specific part of wholesaling, so it doesn’t feel overwhelming. Consistency comes with time, and you’ll get there.

[Jonathan Greene]

It's rational to be scared of success when you are so young and don't know the steps to take to get there. First, you have to know there are a lot of different steps and often they are down a wrong path, this is learning. Second, you need to surround yourself with others who want the same thing. You need to go to real estate investor meetups and make friends. I bet you don't have any friends who want to do this at your age so when you tell people about your dreams they say it's crazy. It's not, but you have a long way to go.

At 23, you should be working as much as possible to set the financial foundation for yourself. You need people though to get the confidence to do it, not money.

[Kylie A.]

Quote from @Jonathan Greene:

It's rational to be scared of success when you are so young and don't know the steps to take to get there. First, you have to know there are a lot of different steps and often they are down a wrong path, this is learning. Second, you need to surround yourself with others who want the same thing. You need to go to real estate investor meetups and make friends. I bet you don't have any friends who want to do this at your age so when you tell people about your dreams they say it's crazy. It's not, but you have a long way to go.

At 23, you should be working as much as possible to set the financial foundation for yourself. You need people though to get the confidence to do it, not money.

Thanks! I'll definitely keep that in mind. You're right; it also seems like a lot of people have stopped dreaming and just stick to living paycheck to paycheck. I don’t want that for myself; I want to break free from the rat race 

[Kylie A.]

Quote from @Julia Lyrberg:

You’re definitely not alone in feeling this way—success and the pressure to achieve it can bring a lot of anxiety, especially when you’re just starting out. The fact that you’re aware of it and taking small steps is huge! A lot of people deal with the same fear of taking the leap. Try focusing on one small, manageable task at a time, like researching one specific part of wholesaling, so it doesn’t feel overwhelming. Consistency comes with time, and you’ll get there.

 Thank u 

[Ko Kashiwagi]

Great to see other younger people in this space. Evidence builds confidence! If you keep on taking action and learning from it, there's not way but up.

[Nathan Gesner]

Quote from @Kylie A.:

I suspect part of this is due to the overwhelming amount of information you are exposed to. Everyone talks about their success, especially the young YouTubers. They bought 72 houses in six months at the age of 23 and now drive their Lamborghini to their castle where they party with P-Diddy and drink champagne all day. How can you possibly match that?

Read some books. Network with other investors. You will quickly learn that real estate investing is simple. Save money, buy a house, rent it out, rinse, and repeat. You could try to buy a bunch of houses quickly, or you can buy one house every 5-10 years and still build some really good wealth.

I highly reading The Small and Mighty Real Estate Investor from Chad Carson. He has a website to get an idea of what he's like. Listen to The David Greene Podcast on YouTube or Spotify or Apple. He's a solid teacher that talks about the good and bad of investing.

[Taz Zettergren]

@Kylie A. It's overwhelming when you try to put all the pieces together at once in your head and then you get paralysis analysis, anxiety etc. It's something we all have faced at some point starting out. I'd recommend sitting down daily and writing down every single action steps that will help you get closer to your goal and mark each one off as you go. The more action you take the more experience you get, in this business you're going to be told no 1000x more than you will be told yes. So never waste a failure, learn from the no's and how to attack similar conversations or situations differently in the future to give you a better chance at success. There are so many opportunities out there in the real estate industry, stay active and engaged. If you have someone you look up to in your local market that's successful do everything you can to sit down with them and pick their brain on creative action steps to take.

Best of luck on this journey! It is a tough one but it's very rewarding once you get into a groove of things

[Henry Clark]

1.  Surround yourself with people who do real estate.   Dont talk with other people about it.

2.  Do analysis and post it in here for input.

3.  Success is easy.  Don’t flash it.  Stay conservative.

4.  Failure.  Calculate your failure.  Otherwise you will dream up the worst scenarios.  When you and all of us fail, stop and analyze it.  
5.  Develop a system and checklist.  Keep adding to it and improving it.  Build your own that way you own it.  

[Kylie A.]

Quote from @Nathan Gesner:

Quote from @Kylie A.:

I suspect part of this is due to the overwhelming amount of information you are exposed to. Everyone talks about their success, especially the young YouTubers. They bought 72 houses in six months at the age of 23 and now drive their Lamborghini to their castle where they party with P-Diddy and drink champagne all day. How can you possibly match that?

Read some books. Network with other investors. You will quickly learn that real estate investing is simple. Save money, buy a house, rent it out, rinse, and repeat. You could try to buy a bunch of houses quickly, or you can buy one house every 5-10 years and still build some really good wealth.

I highly reading The Small and Mighty Real Estate Investor from Chad Carson. He has a website to get an idea of what he's like. Listen to The David Greene Podcast on YouTube or Spotify or Apple. He's a solid teacher that talks about the good and bad of investing.

 Party with diddy haha yah I do see a lot of YouTubers talk about the money they make