In this episode, I dive into a topic that's a little different from our usual discussions. We're talking about taking risks in your business or investments and how to approach them from a fear standpoint. One of the main reasons people hesitate to invest in real estate or scale their business is fear. It's completely understandable, but it shouldn't hold you back.
As you listen to this episode, I encourage you to reflect on the ramifications of not making decisions and not taking risks. What opportunities could you be missing out on? How might your life and business be impacted by staying in your comfort zone? Remember, it's crucial to move away from purely fear-driven decision-making and start thinking logically about the potential upsides of taking risks. Whether it's investing in real estate or making leaps in other areas of your life or business, there's so much to gain.
In this episode we discuss:
- How does fear impact investing and taking risks in business?
- What is the importance of considering the potential upside when making investment decisions?
- What is the concept of fear setting and how can it help in decision-making?
- How does analyzing the worst-case scenario and potential benefits of a decision help in overcoming fear?
- How can taking risks in investing and increasing earning capacity benefit individuals in their 20s and 30s?
Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.
Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.
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