Self Confidence and Wealth Building

[Lloyd Winston]

I think there are people out there that perceive themselves as not being smart enough to pull off a successful deal. It's easy to hear the success stories and to understand what more experienced folks are saying but to actually take action, that's just a different story. 

To make decisions that would affect a series of events that would cause you to create some sort of asset whether it be a check cut from an escrow account or a fresh piece of real estate that is cash flowing quite well is just hard for some people to fathom.

If you have self-doubt about your own abilities to succeed in this business of real estate investing then go and listen to the podcasts as I am doing currently. I started with number 1 and am now at 54. The melting pot of stories, failures, successes, losses, chances, lost jobs, the ways people got into real estate, the teamwork of spouses and family, the education, the no education and jumping in, with money, no money, operating locally, across all states, marketing, strategies, taxes, property managers, rental properties, duplex, tenants, landlords, GCs, so many variables. 

What this tells me is that there are so many pathways to success and if you stay at it and keep your head up you will eventually find the path that fits you.

I am not an expert, but I invite those who can contribute more or expand on this topic to do so because I think there are hidden topics like this one that can help so many who could use the encouragement. 

I believe impaired self-confidence can adversely affect success not only in real estate investing but success in general. 

Thanks and I appreciate your time on reading my posts.

Lloyd