Real Estate Investing Courses - Why Some Succeed While Others Fail? (Part 3)
If you did not happen to catch the other parts of this article I will bring you up to speed. I am author of several highly successful real estate investing courses. I have always been curious as to what factors lead to some of my students using the information that I provide successfully, while others have no success at all. After interviewing many of my students I have compiled a list of the top factors that will determine your success or failure as a real estate investor.
The first crucial success determining factor was the intentions of the real estate investing course purchaser. The second critical success factor was the ability of the purchaser to "Get up off their information and do something". Now I will discuss the third critical factor for investing success.
The third factor that went into how successful my real estate investing students would become is their mindset. By mindset I mean the way that they viewed success or failure in the investing business. Successful students had a very flexible mindset when it came to how they viewed their success. Successful students did not look at the set backs that they came across as failures. Instead they viewed the setbacks as feedback that moved them one step closer to their end goal. They realized that no set back is either good or bad, but it was their thinking that made it so. To quote myself "Failure is your receipt that says you tried".
My students who did not achieve any level of success viewed success as an all or nothing situation. This "All or nothing" attitude, left them paralyzed by their fears. In other words they had created a situation where they had a million ways to fail, but only one way to succeed. With odds like that it is no wonder my real estate investing course material never resulted in any level of success. These students did not allow themselves any chance to become successful, because they never made it beyond the information gathering stage. Essentially they were stuck in "Analysis paralysis" or as I like to call it "Getting ready, to get ready".
In part 4 of this 5 part article we will be discussing the fourth critical success factor which is planning.
Eric Medemar is a real estate consultant and author from Grand Rapids, MI. Be sure
to check out his FREE Real Estate Investing guide as well as his highly acclaimed
Real Estate wholesaling course where he will show you his easy to understand methods for investing in real estate with no money, no credit and no risk.
FREE Real Estate Short Sales Report check out www.ShortSaleUniversity.com
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