The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
Kendra Hall's "Stories That Stick" delves into the science and art of compelling storytelling. It explores how stories impact the brain, influencing behavior and fostering trust. The book provides practical strategies for crafting memorable narratives that resonate with audiences. Hall emphasizes the importance of emotional connection and clear communication in effective storytelling. It's a valuable resource for anyone seeking to improve their storytelling skills, whether for personal or professional purposes.
In 'Big Magic', Elizabeth Gilbert delves into the mysteries of creativity, encouraging readers to live more creative and fulfilling lives. The book is divided into six parts: Courage, Enchantment, Permission, Persistence, Trust, and Divinity. Gilbert argues that creativity is an essential part of human nature and that it requires courage to accept and overcome fears. She emphasizes the importance of persistence, trust in the creative process, and the need to separate creativity from the pressure of making a living. Through personal anecdotes and insights from other artists, Gilbert demystifies the creative process and inspires readers to pursue their passions with curiosity rather than fear[2][3][5].
Analysis paralysis is always lurking. Even the most experienced investors feel it before they pull the trigger on a new deal, business, or strategy. It’s not to say that careful consideration of an investment isn’t a crucial requirement to success, but the mental stuttering we feel when trying to make a decision can leave us in a foggy stupor. When we feel like this, we do fewer deals, build less wealth, and live our lives half full.
Kindra Hall, bestselling author, master storyteller, and real estate investor knows this feeling all too well. She watched her husband struggle with analysis paralysis during the mass foreclosures of the great recession. Thankfully, she and her husband took the time to catch, analyze, choose, and install a better outlook, or story, for their investing future. This type of mental mechanism allowed Kindra and her husband to grow their real estate holdings and buy the beach house of their dreams.
In today’s episode, Kindra outlines the four steps every investor needs to go through to create better mental stories that will push you to the finish line, instead of keeping you in investing anxiety. If you’re still waiting to purchase your first investment property, we recommend taking this advice to heart, trying it out, and taking action!
In This Episode We Cover:
The stories we outwardly and inwardly tell ourselves that could hurt our success
How to crush hesitation so you can make the right decision faster
Shrinking limiting beliefs about what we can and can’t do
The four-step process to redesigning your story and installing a new one
How Kindra got a $1M+ beach house for well under asking price
And So Much More!
Links from the Show
BiggerPockets Jobs
BiggerPockets Youtube Channel
BiggerPockets Forums
Airbnb
Holmes on Homes (TV Series)
Craigslist
Amazon
Barnes and Noble
Robert's Youtube Channel
Robert's Instagram
Robert's TikTok
David's Instagram
Seth Godin's Website
Check the full show notes here: https://www.biggerpockets.com/show565
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