5 Things That Will Prevent You From Having the Right Mindset To Invest

[Jonathan Greene]

1. Your finances aren't in order. How can you get into a growth mindset if your finances are a mess? Even if you want to invest a year from now, cleaning up your money is the most important thing to do. Keeping your financial house in order at all times will take the pressure off of the money part. You will know when that part is ready.

2. Your spouse, partner, friends, or family are not on board with real estate investing. Nothing will crush your hopes and dreams quicker than if the people closest to you think investing in real estate is terrible. Your spouse or partner has to agree, or it will only create arguments. Your friends and family don't have to be all for it, but if they aren't, you need to make sure you are around five people who are for it more often.

3. Ego. Check it at the door. You don't know everything. You never will. Your job is to build relationships with people smarter than you and who have done more deals than you. To do that effectively, you have to be interested, not interesting. A person who can keep their ego in check will get more information than someone who can't.

4. Your Mental Health. People don't like to talk about this in real estate investing circles, but it's vital to your mindset. You won't be ready to take action if you are depressed, sad, or compromised in some way. You must prioritize your mental health before spending money on real estate. When you are the best version of yourself, your mindset has no limits.

5. Fragility. You will not succeed as a real estate investor if you are fragile in your response to criticism. Fragility is a sign of a corrupted mindset, one that is fighting against something. Everyone knows it when they see it, and nobody wants to deal with it because you can't tell someone fragile that they are making a wrong real estate decision. They won't listen and will try to turn it around on your honesty.

Any ones to add to this?