It is amazing how many people think action is 'over' analyzing statistics out of fear. Needless to say fear exists, but those who do not want to take action use "not enough time to analyze" as an excuse.
That said, self-doubt manifests itself in several ways. When agents convince themselves that they cannot succeed, they stop taking the actions that are necessary for them to become successful. The first thing that the agents stop doing is prospecting.
Most people hate talking on the phone anyway, and that's especially true when they are making cold calls. This task seems enormous to those who do not believe the talks will ultimately …show more content…
One obvious characteristic of people who fail is they always try to go it alone. It’s the biggest mistake any real estate investor can make! The importance of a good real estate mentor cannot be stressed enough, especially for the beginning investor.
WHY DO YOU NEED A MENTOR?
1. Costly errors, mistakes in judgment and shady deals can all be averted
2. Investing in something as expensive as property should never be taken lightly, and reading one or two books on the subject is not enough.
3. An experienced mentor will be able to help you structure the deal to your advantage, but also show profit potential you may not have realized in investigating the deal.
4. For those who are new to the market, there are many questions to be answered; sorting much information. And, frankly, the whole process can be more than a little intimidating. Mentoring puts a lot of complex information in layman's terms, making it easier to understand and the whole process a lot less