BiggerPockets Real Estate Podcast

620: Ed Mylett Foresees Huge Opportunity for “Small Investors” in 2022

6 snips
Jun 9, 2022
Guest
Ed Mylett
Ed Mylett, a renowned entrepreneur and author, shares his insights on the current housing market and the incredible opportunities it holds for small investors. He emphasizes the 'power of one more,' inspiring listeners to push beyond their limits in both personal development and real estate. Ed discusses practical strategies for navigating the shifting market and stresses the need for creativity and resilience. With a bullish outlook on real estate, he encourages newcomers to seize unique opportunities amidst uncertainty.
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ANECDOTE

Cutting Weight for Solidarity

  • Ed Mylett cut weight in solidarity with UFC fighter Michael Chandler.
  • This showcases Mylett's belief in mental challenges and their impact on external outcomes.
INSIGHT

Resistance to Change

  • People resist self-improvement because of identity issues and a lack of self-belief.
  • Their reticular activating system (RAS) filters their perception, confirming existing beliefs.
ADVICE

Focus on Standards, Not Just Goals

  • Focus on setting and achieving small, manageable standards instead of solely pursuing large goals.
  • These small wins build self-confidence and pave the way for tackling bigger challenges.
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