Special offer

Six Money Myths.....that'll hold you back!...

By
Real Estate Agent

Ever wonder  Why Me?  How come Joe Blow seems to be making a ton of money but not me?  "Oh that Mary Jean........?  Well the reason Mary Jean does so well is because she has "the gift of gab"  And Tom Thumb? Well the Thumb family goes way back - they're all over this town.......no wonder!... 

                                                                

                                                

Are These Money Myths Holding You back?                                                                           

1) SOMEONE WILL TAKE CARE OF ME Myth - Ever played this one on your violin?  I'm entitled to have someone take care of me - I deserve it - I've worked hard -  its my turn?  Or so and so gets taken care why not me?  Well the fact of the matter is - no one can take care of you the way you deserve to be taken care of -  but you!   

                                                                                         $$$$$$$$$$$$$$$$

 2.) Myth - I CAN ONLY DO WH$AT I UNDERSTAND - I'm not a Genius Well Talent is seriously Overrated!( t is not what prevails!- its doing something consistently that prevails.  Have you ever known a Realtor that's successful that doesn't appear to be all that smart? Hmm - The Fact of the matter is that Personality and IQ tests don't test Motivation!                                                                                  

We Think Way too Much http://jeremy.zawodny.com/blog/archives/cat_personal.htmland make things Way to Complicated...Don't know what to do or how to do it?   Find someone who has what you want - and do what they're doing! Simple...- quit judging just find someone you respect that's successful and copy them!

                                                                   $$$$$$$$$$$$

 

3.) Myth - THAT LONG HOURS AND HARD WORK ARE VIRTUOUS - We are in the Era of extra Effort, but its really about INTENSITY - you can get more done if you bring heat to to everything - prioritize - know when to bring the heat...  PEOPLE CHEAT BY USING HOURS INSTEAD OF INTENSITY!  

                                                                                        $$$$$$$$$$$

4.) THE I'M SELF-MADE MYTH - no one is!  No one succeeds alone....but it is important to focus on key relationship........focus on less people......Gary Keller talks about the 3 Foot Rule.........Relationships within 3 ft of you!  Ie. Christ focused specifically on 12 people......Key:  Choose empowering relationships!

                                                                                        $$$$$$$$$$$

5.)  Myth - THE EVERYTHING MATTERS EQUALLY!  We have a tendancy to prioritize and then act like everything matters equally...? Understanding what matters is critical and not everything is equal! It really is important to focus on Quality vs quantity.   A Job is not about getting a lot of things done...its about getting the right things done! When you're focused everything else is a distraction. Pick the one thing  today that is an absolute priority and everything else becomes easier and irrelevant.

                                                                                        $$$$$$$$$$$$

6.) Myth - THAT YOU SUCCEED YOUR WAY TO SUCCESS - Failure is the way to success! If you fail a lot it means you're being active. Plan - but know that  things never go as planned so be prepared to correct them..AND Pay Attention!   Successful People are Failures that Didn't Give Up!                                                               

Most people fail right at the finish line - because its not a physical line.......sometimes its difficult to judge ...but the Best life has to have Unbridled effort!

                                                                                   

                                *Taken in Part From Gary Keller's Quantum Leap Seminar

 

                    

                                                                   

                                     If you or someone you know is thinking of buying or selling property in Abbotsford, Chilliwack, Langley or anywhere in the Fraser Valley Area of B.C. - or if you're considering a career in Real Estate or would like more information about Keller Williams please give Liz  Moras a call!  Managing Broker and Team Leader - 604-799-0459 or e-mail at lizmoras@shaw.ca  

 

Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

How about this myth:  My house will appreciate, I'll sell it and use the money to live happily ever after.  Whoops

Mar 06, 2009 04:54 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Hi Liz-What a incredible post. You definitely learned a lot at the KW Reunion. Thank you for sharing. :-)

Mar 06, 2009 04:55 PM
TIM MONCRIEF
Tim Monciref - Austin, TX
Over 2,000 homes sold…..

The biggest achievers usually hold the title for the biggest losers.  In sports, look up who has the most strike outs of all time.....quarterbacks who have thrown the most interceptions of all times....and, of course, the realtors who have lost more presentations than any other realtor.

Mar 06, 2009 05:11 PM
Kathleen Frawley
Keller Williams 916 730-4404 Elk Grove, Wilton, Folsom, Sacramento - Wilton, CA
South County Sacramento, 916 730 4404

Great post! Albert Einstein said "imagination is more important than Knowledge".  No holding back!

Mar 06, 2009 05:24 PM
Deanna Casalino
Realty World J. Pavich R.E. - Estero, FL
Fort Myers Florida Homes,

Greatness is the sum of small efforts done each and every day with consistency

Mar 06, 2009 10:18 PM
Bob Gentile
GO Solar in Palm Beach County, Florida - Abundant Energy Inc - Boynton Beach, FL

PEOPLE CHEAT BY USING HOURS INSTEAD OF INTENSITY! 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

ahhh that one is good Liz, and I been a victim of that in the past...I work harder at my priority list now and try my best to not drift into non-income producing things...like washing dishes and laundry --(ok just kidding about that)

Good post ...thanks

Mar 06, 2009 10:41 PM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

Excellent Liz.

Mar 07, 2009 01:19 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Lisa - that would be wonderful! Next year family reunion is in New Orleans but there are tours in between - stay in touch and I'll keep you informed when there is one near you..:-)

Jim - now aren't you the funny guy! lol 

Sharon - its amazing how much we continuously have to learn isn't it? :-)

Mar 07, 2009 01:29 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Tim very true!  You hear about Babe Ruth and so many others who had way more 'misses' then hits....but they did it all with 'intensity' and the more you're 'in' the game the more you're going to miss as well!

Kathleen -Yeah don't you love it?  So there are no excuses......creativity and imagination are as powerful if not more so then intelligence!

Deanna - Yes consistency is the key - over and over again its been proven!

Mar 07, 2009 01:33 AM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Bob I think many of us have equated working harder with working smarter..........now about those dishes...............:-)

Erica - the responsibility lies squarely on OUR shoulders for sure!  Lessons learned...:-)

Missy - we were very fortunate to have been a part of that Reunion and this company! :-)

Mar 07, 2009 01:44 AM
Rebecca Levinson, Real Estate Marketing and Online Advertising Consultant
Real Skillz-Clear Marketing for Your Real Estate Vision - Lake Geneva, WI

Liz,

All so true.  I'd rather kick the myths to the side and concentrate on fulfilling dreams.

Mar 07, 2009 02:30 AM
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Liz,

I read that and there is lots of good information and wisdom in those words.

Mar 07, 2009 02:30 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Liz, Such good myths. How about those that succeed only because they are so darn lucky. The harder you work, the luckier you get. The more risk you take, the luckier you get. etc...

Mar 07, 2009 03:01 AM
Raine Nordby
Colorado Springs, CO

BRING ON THE HEAT BABY!

Super blog Liz. Thanks for all the great content and effort you put into your blog. I keep on reading. Great job!

It' s a good life!

~Raine

 

Mar 07, 2009 04:00 AM
Liz Loadholt
Liz Loadholt- AgentOwned Realty- Covering SC - Mount Pleasant, SC
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC

Liz --- great blog --- I used to be one of those that felt like if you put in enough hours, you would be successful.  I discovered that if fact it is the intensity -- one must prioritize.

Mama Liz's Signature

 

Mar 07, 2009 05:54 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

I am too self motivated to listen to any of the myths:)

Mar 07, 2009 06:33 AM
Jo-Anne Smith
Oakville, ON

hi Liz,

I enjoyed reading this post so much ...such important things to remember, especially in this business.

Jo

Mar 08, 2009 05:29 AM
Kristin Moran
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397

Hi Liz! We can get lost in our thoughts of money that's for sure.  I am a firm believer in paying yourself first to come out ahead. KM

Mar 08, 2009 11:07 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Wonderful principles here Liz. I like that three foot rule. You are becoming quite the Gary Keller disciple lately.

Mar 08, 2009 01:59 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Liz - Excellent points.  The agents in my office who attended Family Reunions are still charged up.

Mar 08, 2009 04:09 PM