{"id":2105,"date":"2022-03-14T23:13:58","date_gmt":"2022-03-14T23:13:58","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/what-would-i-do-differently-if-i-started-all-over-again\/"},"modified":"2022-03-14T23:13:58","modified_gmt":"2022-03-14T23:13:58","slug":"what-would-i-do-differently-if-i-started-all-over-again","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/what-would-i-do-differently-if-i-started-all-over-again\/","title":{"rendered":"What would I do differently if I started all over again?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div id=\"toc_container\" class=\"no_bullets\">\n<p class=\"toc_title\">Please use the menu below to navigate to any article section:<\/p>\n<\/div>\n<p><strong>One of the most common questions I\u2019m asked by beginning investors wanting to fast track their success is:<em>\u00a0<\/em><\/strong><\/p>\n<p><em>\u201cKnowing what you know now, if you were to start all over again, what would you do differently to speed up the growth of your property investment portfolio?\u201d\u00a0<\/em><strong><em><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-23025 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2014\/03\/new-life.jpg\" alt=\"new life\" width=\"275\" height=\"183\"\/><\/em><\/strong><\/p>\n<p>I usually explain that in hindsight I would have spent more time educating myself so that I would not have made the mistakes I did in the first 10 to 15 years of my property investing.<\/p>\n<p>Sure, I have a very substantial property portfolio now, but it would have been much, much bigger if I knew then what I know now.<\/p>\n<h2><span id=\"so-the-first-step-along-the-investment-path-is-educating-yourself\">So the first step along the investment path is educating yourself.<\/span><\/h2>\n<p>It\u2019s what I still do today to keep growing and it\u2019s what all successful investors do. <\/p>\n<p>In my effort to achieve greater success, many years ago I discovered that my own learnings and experiences weren\u2019t enough.<\/p>\n<p>So I started to look elsewhere and turned to books, teachers, mentors, and even consultants for advice.<\/p>\n<p><strong>And they all seemed to point in one direction \u2013 you can learn from history.<\/strong><\/p>\n<p>Books recounted stories, teachers explained the research, mentors taught from experience, and consultants cite best practices.<\/p>\n<p>What this meant was that I didn\u2019t have to start from the beginning and learn from my own mistakes.<\/p>\n<p>I could start where someone else had left off. I could give up my need to \u201cdo\u201d in order to \u201clearn\u201d.<\/p>\n<p>In fact, I could learn faster.<\/p>\n<h2><span id=\"you-see-when-i-first-started-investing-i-wanted-to-do-it-all-myself\">You see, when I first started investing I wanted to do it all myself.<\/span><\/h2>\n<p>I guess there were two reasons behind this.<\/p>\n<p>Firstly, I thought it was the best way to learn, and I also thought doing it all myself would save me money \u2013 but in fact, it cost me lots.<\/p>\n<p>Experience is an expensive teacher.\u00a0<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-72459 alignright img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2016\/09\/33836502_l-300x193.jpg\" alt=\"lesson life motivation inspiration\" width=\"300\" height=\"193\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2016\/09\/33836502_l-300x193.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2016\/09\/33836502_l-768x493.jpg 768w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2016\/09\/33836502_l-1024x657.jpg 1024w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2016\/09\/33836502_l-1160x745.jpg 1160w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/p>\n<p>When I eventually recognised I didn\u2019t have to do it myself or learn from my own mistakes \u2013 it was one of my biggest \u201caha\u2019s\u201d.<\/p>\n<p><strong>In fact, I sometimes joke that some of my best thinking was done by other people.<\/strong><\/p>\n<p>Years ago I read a great book by Tony Robbins \u2013\u00a0<em>Unlimited Power<\/em> \u2013 and he put a name to what I was looking for \u2013 modeling.<\/p>\n<p>He described the process for finding these proven models, saying you should look at the very best people in a field and study what they do, how they behave, and how they think.<\/p>\n<p>Then you should do the same because when you do, you can often repeat their success.<\/p>\n<h2><span id=\"the-key-is-to-learn-how-they-achieved-their-goals-and-then-understand-why-they-did-it-that-way\">The key is to learn how they achieved their goals and then understand why they did it that way. \u00a0<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\" wp-image-36070 alignright img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2014\/12\/goal-image-300x296.png\" alt=\"goal image\" width=\"251\" height=\"248\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2014\/12\/goal-image-300x296.png 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2014\/12\/goal-image.png 350w\" sizes=\"auto, (max-width: 251px) 100vw, 251px\"\/><\/span><\/h2>\n<p>When you grasp these two things, you can start off where they left off.<\/p>\n<p>When I realised this I started to become an avid reader of success stories looking for models to base my own growth on.<\/p>\n<p>I looked for people who had already achieved what I wanted to achieve, studied how they did it, and then tried to work out how their minds worked.<\/p>\n<p>I recognised that we all have personal ceilings of achievement that are based on our current thoughts and habits.<\/p>\n<h2><span id=\"we-are-restricted-by-our-internal-wealth-programming\">We are restricted by our internal wealth programming.<\/span><\/h2>\n<p>What this means is that your wealth can only grow to the extent that you do.<\/p>\n<p>An analogy is to think of yourself as a cup.<\/p>\n<p>If your cup is small you can only accumulate a small amount of money, any extra will spill over and you will lose it.<\/p>\n<p>You simply cannot have more money than the size of your cup.<\/p>\n<h2><span id=\"the-answer-is-to-grow-yourself-into-a-bigger-cup-so-that-you-attract-and-keep-more-wealth\">The answer is to grow yourself into a bigger cup so that you attract and keep more wealth.<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-50380 alignright img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2015\/08\/mind-set-rich-money-lesson-think-motivational-learn-teach-money-300x205.jpg\" alt=\"mind set rich money lesson think motivational learn teach money\" width=\"300\" height=\"205\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2015\/08\/mind-set-rich-money-lesson-think-motivational-learn-teach-money-300x205.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2015\/08\/mind-set-rich-money-lesson-think-motivational-learn-teach-money-1024x701.jpg 1024w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2015\/08\/mind-set-rich-money-lesson-think-motivational-learn-teach-money-1160x794.jpg 1160w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2015\/08\/mind-set-rich-money-lesson-think-motivational-learn-teach-money.jpg 1460w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/p>\n<p>You do this by upgrading your wealth programming \u2013 the way you think and react about money.<\/p>\n<p>The universe abhors a vacuum, which means if you develop a large money container wealth will rush in to fill the space.<\/p>\n<p><strong>So upgrade your way of thinking and become a bigger person and you will attract more wealth.<\/strong><\/p>\n<p>Most Australians want to improve, grow and lift their personal ceilings of achievement.<\/p>\n<p>However, they think they can do this through trial and error \u2013 they are prepared to learn from their mistakes.<\/p>\n<p>Sure they can learn and improve this way \u2013 but only so far and so fast.<\/p>\n<p>Interestingly\u00a0we discuss these factors (plus much more) in depth at <a href=\"http:\/\/wealthretreat.com.au\" target=\"_blank\" rel=\"noopener\">Wealth Retreat.<\/a><\/p>\n<p><span style=\"color: #000080;\"><em>If you would like to spend 5 days with me why not join me at this year\u2019s <strong>Wealth Retreat<\/strong> coming up on April 2nd to 6th and <span style=\"color: #000080;\">have\u00a0<\/span><\/em><em>Australia\u2019s best property, tax, business, finance &amp; share market minds as your personal mentors.<\/em><\/span><\/p>\n<p><span style=\"color: #000080;\"><em><a href=\"http:\/\/www.wealthretreat.com.au\" target=\"_blank\" rel=\"noopener\">Please click here now a<\/a>nd register your interest and you\u2019ll get a call from Jo Fitt to discuss if Wealth Retreat is suitable for you \u2013 but don\u2019t count yourself out! <a href=\"https:\/\/wealthretreat.com.au\/#express-your-interest\" target=\"_blank\" rel=\"noopener\">Click here now<\/a> and register your interest.<\/em><\/span><\/p>\n<p><span style=\"color: #000080;\"><em>When you join us I will<strong> personally guarantee your satisfaction \u2013<\/strong>and I\u2019m comfortable doing so with our 17-year track record<strong>.<\/strong><\/em><\/span><\/p>\n<h2><span id=\"learning-from-your-mistakes-is-a-slow-and-demoralising-way-of-growing\">Learning from your mistakes is a slow and demoralising way of growing.<\/span><\/h2>\n<p>In contrast, seeking out and learning from mentors who have achieved what you want to achieve can help raise your level of achievement dramatically and in a relatively short period of time. <\/p>\n<p>It\u2019s a huge leap of faith to assume that starting at the bottom of the investment ladder, with only their knowledge and experience, an investor could ever reach the place where a proven model begins.<\/p>\n<p>While there is no guarantee of success, following a proven model built on the practices of people who have already achieved what you want to achieve will maximise your chances of success.<\/p>\n<p><strong>Models aren\u2019t really new \u2013 they are everywhere.<\/strong><\/p>\n<p>You follow them, I follow them, everyone follows them.<\/p>\n<p>Most people just aren\u2019t aware of these repeatable processes they have developed.<\/p>\n<h2><span id=\"we-all-need-to-learn-from-mistakes-this-helps-you-get-it-right-and-move-forward\">We all need to learn from mistakes \u2013 this helps you get it right and move forward.<\/span><\/h2>\n<p>The only question is, whose mistakes?<\/p>\n<p>Yours or those of the successful investors who have already achieved what you want to achieve?<\/p>\n<p>As our property markets move into the next phase of the cycle, when price growth is more subdued, property investors are going to need to learn from mentors who have invested successfully through a number of complete cycles.<\/p>\n<h2><span id=\"remember-building-wealth-all-on-your-own-is-not-only-hard-work-but-it8217s-slower-and-riskier\">Remember, building wealth all on your own is not only hard work, but it\u2019s slower and riskier.<\/span><\/h2>\n<p>Alone you are vulnerable and will never reach your fullest potential.<\/p>\n<p>But when you connect with the right mastermind group, the chemistry will literally propel you to heights you never dreamed possible.<\/p>\n<p>Can you imagine how much faster you\u2019d reach your goals and how much more fun you would have along the way if you were part of a community of elite wealth builders who could support you?<\/p>\n<p>Imagine if you could spend an afternoon with Donald Trump or Richard Branson and ask them all the questions you wanted to.<\/p>\n<p><strong>Don\u2019t you think you would come out a different person? <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-140964 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-300x225.jpg\" alt=\"Overcome The Problems\" width=\"300\" height=\"225\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-300x225.jpg 300w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-921x692.jpg 921w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-1536x1154.jpg 1536w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-1160x872.jpg 1160w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk-800x600.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/risk.jpg 2000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/strong><\/p>\n<p>Don\u2019t you think you would come out thinking differently?<\/p>\n<p>Well\u2026<\/p>\n<p>At <a href=\"http:\/\/wealthretreat.com.au\" target=\"_blank\" rel=\"noopener\">Wealth Retreat 2022 <\/a>(being held on April 2nd to 6th) you will spend 5 complete days (and part of the nights) with some of the sharpest property, tax, investment, business, and share market minds in Australia.<\/p>\n<p>What lasting impact do you think that will have on you?<\/p>\n<p>One of the things you will realise is that when you are talking about earning what the big players earn, it\u2019s not about effort, it\u2019s about their total confidence that they are able and deserving of earning that kind of money.<\/p>\n<p><strong>If this sounds interesting please <a href=\"http:\/\/wealthretreat.com.au\" target=\"_blank\" rel=\"noopener\">read about it here <\/a>and register your interest<\/strong>.<\/p>\n<p><span style=\"color: #000080;\"><em><a href=\"http:\/\/www.wealthretreat.com.au\" target=\"_blank\" rel=\"noopener\">Please click here now a<\/a>nd register your interest and you\u2019ll get a call from Jo Fitt to discuss if Wealth Retreat is suitable for you \u2013 but don\u2019t count yourself out!<\/em><\/span><\/p>\n<p><span style=\"color: #000080;\"><em><a href=\"https:\/\/wealthretreat.com.au\/#express-your-interest\" target=\"_blank\" rel=\"noopener\">Click here now<\/a> and register your interest.<\/em><\/span><\/p>\n<p><span style=\"color: #000080;\"><em><strong>By the way, if after chatting with you and we feel you, your property investments, or your business would benefit from you attending Wealth Retreat I will take the risk \u2013 I\u2019m prepared to guarantee your satisfaction.<\/strong><\/em><\/span><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/propertyupdate.com.au\/what-would-i-do-differently-if-i-started-all-over-again\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Please use the menu below to navigate to any article section: One of the most common questions I\u2019m asked by beginning investors wanting to fast track their success is:\u00a0 \u201cKnowing what you know now, if you were to start all over again, what would you do differently to speed up the growth of your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,77,38,81],"tags":[],"class_list":["post-2105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-michael-yardney-blog","category-michael-yardneys-commentary","category-property-investment","category-weekly-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What would I do differently if I started all over again? | Urban Buyer: Buyers Agent &amp; Advocates | Best Property Buyers For You<\/title>\n<meta name=\"description\" content=\"Please use the menu below to navigate to any article section: One of the most common questions I\u2019m asked by beginning investors wanting to fast track\" 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