The right way to Construct Wealth Via Actual Property FASTER with a “Limitless” Mind

Ashley:
That is Actual Property Rookie episode 344. My identify is Ashley Kehr and I’m right here with my co-host, Tony J. Robinson.

Tony:
And welcome to the Actual Property Rookie podcast, the place each week, twice per week we’re bringing you the inspiration, motivation, and tales you want right here to kickstart your investing journey. As we speak we’ve received a tremendous visitor for the Actual Property Rookie viewers. We’ve received the one and solely Jim Kwik. And if you happen to guys don’t know Jim, if you happen to Google his identify, you’ll see him rubbing shoulders with among the largest names in Hollywood and enterprise. Elon Musk, Oprah Winfrey, a lot extra. And Jim, which you guys are going to listen to in as we speak’s episode, is an knowledgeable in your mind and he’s going to show you how you can flip your mind right into a extra optimized device that will help you discover success. And I get that it’s indirectly associated to actual property investing, however a lot of what you’re going to listen to will assist rebuild that perception system that it’s worthwhile to take that step to grow to be an actual property investor. And simply total, it’s going to be a extremely superb dialog.

Ashley:
One of many large takeaways that Jim will speak about that I had for this episode is he’s going to speak about your downside of time administration. And what he says blew my thoughts. You don’t have a time administration downside, you will have a precedence administration downside. And as he goes by way of why and explains precisely his thought course of on this, I would like you to begin occupied with your individual calendars, your individual schedules, and what you do truly prioritize and find time for too. And all through this episode, Jim will inform us little questions we needs to be asking ourselves as we undergo. Then if you happen to hear all the best way to the top, he truly offers you a bunch of assets that you need to use at no cost to get entry to studying extra about enhancing your mind energy.
Jim, welcome to the present. Thanks a lot for becoming a member of us on the Actual Property Rookie podcast. We thought we might begin off this episode with questions from our viewers. So we let everybody know that we had been going to be having you onto the present and we had a number of individuals submit questions that they wished us to ask you. So our first query is from Amy Heney. How will you overcome procrastination? Jim, what can be your recommendation?

Jim:
Three issues that transfer the needle to beat procrastination. It’s for limitless motivation, and you may use this for motivating your self to do the issues it’s worthwhile to do that you simply’re pushing aside. And you may additionally do that for individuals on the opposite aspect to inspire them to purchase, to inspire them to listing, to inspire them to take a position additionally. So it really works on each side. The components that we got here up with in Limitless Expanded, our model new e book, it says P occasions E occasions S3. P occasions E occasions S3. So let’s unpack that. The very first thing it’s worthwhile to do to have extra motivation and overcome procrastination, the P stands for objective. I notice that you may have objectives in your head, however if you happen to’re not performing together with your palms, you must faucet into the second H, which is your coronary heart, that are the feelings.
And that’s actually the place objective comes from. Goal actually is an emotional state. It’s emotions of pleasure. As a result of I really feel like if you happen to don’t have causes, you received’t get the outcomes. So let’s say you wish to keep in mind somebody’s identify. Lots of people will neglect individuals’s identify. Being a reminiscence knowledgeable, placing on that reminiscence teaching hat on that motivates somebody to recollect names. Faucet into the explanations. Ask your self why. And that’s the way you get your objective. Why do I wish to keep in mind this individual’s identify? Perhaps it’s to point out the individual respect perhaps. Which is so vital by the best way, to recollect names and faces in enterprise. As a result of how are you going to point out someone you take care of their future, their funds, their household, if you happen to don’t care sufficient simply to recollect their identify? So perhaps it’s to point out the individual respect. Perhaps it’s to shut a deal, perhaps it’s to get a referral. Perhaps it’s to follow these strategies that they discovered on this podcast. However keep in mind causes, rewards, and if you happen to don’t really feel it, you received’t do it.
And it’s not mental causes. Everybody is aware of intellectually they need to work out, they need to meditate, they need to prioritize their sleep, however a number of occasions we’re not feeling the rewards that might come from it. So keep in mind, identical to how individuals don’t purchase logically, they purchase emotionally. As a result of we’re not logical, we’re organic. You concentrate on dopamine, oxytocin, serotonin, endorphins. We’re this chemical feeling soup. So I’d say the very first thing to have is to actually really feel your objective for doing one thing. The advantages that can come from doing that factor. As a result of generally in enterprise you must feed your online business until it feeds you again. You must feed it. Perhaps you’re working a 9 to 5 and also you’re doing this, however you feed your online business persistently till it feeds you again. However really feel the outcomes upfront and that’s objective.
Subsequent, you must go to E, which is P occasions E occasions S3, the E is vitality. Lots of people procrastinate as a result of they’re simply exhausted. We now have a ten month previous and he’s teething and we’re not getting any sleep at night time. He’s identical to … We’re waking up 5, six occasions an evening. So it impacts your motivation to do the issues that it’s worthwhile to do. So it’s worthwhile to optimize your vitality. That’s why in Limitless Expanded, we speak about the very best mind meals for vitality, psychological vitality. We speak about how you can handle your stress. It’s very tactical issues, science-based, as a result of stress takes a number of vitality. We speak about how you can optimize your sleep and dietary supplements that provide you with vitality. In order that’s simply actually nailing down the vitality as a result of an exhausted thoughts doesn’t do something. After which lastly, you may have limitless objective. You might really feel it and you’ve got vitality to behave on it, and you may nonetheless not carry out. You might nonetheless procrastinate as a result of usually the third purpose individuals procrastinate moreover lack of objective or feeling objective and lack of vitality is perhaps they’ve a aim that’s simply too large.
They wish to construct their portfolio, make a certain quantity of earnings and get 100,000 followers or no matter. And S3 are small, easy steps. Understand {that a} confused thoughts doesn’t do something. Similar to a confused purchaser doesn’t something. So how do you make it tremendous, tremendous easy? By breaking it down. So perhaps let’s say train is actually good on your mind efficiency. You create mind derived neurotropic components, BDNF. However if you happen to’re not exercising, perhaps a small easy step is placing in your trainers. Perhaps individuals see me social media with Oprah or Elon or one thing like that and other people all the time ask how we linked. We bonded over books. You learn to succeed. Leaders are readers. Warren Buffet reads 500 pages a day. As a result of data as we speak shouldn’t be solely energy, data is revenue, however if you happen to’re not studying half-hour a day, perhaps it’s since you ate an enormous processed meal and also you lack vitality otherwise you don’t really feel the rewards that come for objective. Or perhaps it’s simply too large of a behavior change for someone and perhaps a small easy step. Opening up a e book is a small, easy step. Studying one line in a e book is a small, easy step.
How you discover your small easy step, that is the magic query. We may flip this into a bit of masterclass the place everybody may write this down. What’s the tiniest motion that I may take proper now that can give me progress in the direction of this aim and the place I can’t fail? What’s the tiniest motion I may do proper now, operative phrase is now, the place it offers me progress in the direction of this aim, it’s going to be nearer to this aim, the place I can’t fail. It takes little or no vitality and energy to have the ability to do it.
We now have our personal podcast, 400 plus episodes, 20 minutes every. Latest episode was with a organic dentist speaking about how your oral hygiene, your oral well being can result in higher mind well being. And if you happen to’re not flossing or your children aren’t flossing, perhaps get them to floss one tooth. As a result of no one’s going to cease at one tooth, however the thought right here is inch by inch, it’s a cinch, yard by yard is simply means too onerous. So these are the three areas that I’d counsel placing your vitality and focus. After which when you’re doing that, it simply turns into second nature and also you begin to develop momentum. So yeah, break it down little by little, a bit of turns into so much as a result of consistency compounds identical to cash.

Tony:
Jim, so many good little nuggets in there. I’ve received so many notes I used to be scribbling as you had been speaking. First, I simply wish to speak about … You talked in regards to the health factor and simply waking up and placing in your trainers. I’ve competed in a couple of newbie bodybuilding competitions, and one of many worst elements was getting up each morning to do 60 minutes of cardio. And I by no means centered on the 60 minutes of cardio. My factor was simply stand up and brush my tooth. And if I may make it to the sink to brush my tooth, there was a 99% probability I’d make it downstairs to get on the treadmill and do the cardio. So I really like that concept of discovering that small step that leads in the direction of that larger motion.
I wish to circle again although to the aim piece. As a result of I really feel like objective, it’s a heavy phrase, and lots of people float by way of life with out actually figuring out a real objective. And also you touched on it a bit of bit, however say that I’m somebody who’s simply feeling a bit of misplaced or a bit of caught simply usually. What steps ought to somebody in that place take to get some readability on what their objective is in life?

Jim:
Okay. Life objective, I used to be occupied with a bit of bit otherwise. For this I used to be occupied with objective for figuring out and objective for studying or objective for micro issues. However actually you may tie issues to your life objective. And we have now an entire chapter within the e book about discovering your objective. Individuals use phrases interchangeably, and I discover it form of fascinating. Individuals will say ardour and objective and so they’ll really feel prefer it’s the identical factor, however for me, it’s very distinctive. Ardour for me … And I relate it to objective, the way it’s associated to objective. Ardour for me is one thing that lights you up. So Ashley, Tony, you may need one thing or numerous issues that lights you up. And for me, studying is one thing that lights me up. It didn’t all the time. I had struggles on this space. I had a traumatic mind harm. I used to be labeled damaged. Took me years longer to learn to learn after my accident once I was 5 years previous. I used to be in particular training, all of that.
However studying, finally it turned my objective, my ardour. So ardour is what lights you up. For me, objective is how you utilize your ardour to mild someone else up. So perhaps someone is actually obsessed with actual property and their objective … So studying is what lights me up. Instructing individuals how you can be taught is my objective. To mild different individuals up as my instance. Mind optimization is a ardour of mine. It simply lights me up. And instructing individuals how you can optimize their mind lights them up. In order that’s my objective. So I’d say that giving your self sufficient stimulus to see the place your passions movement, after which how are you going to use your passions to mild different individuals up. Perhaps your ardour is music and your objective is performing for different individuals to mild them up together with your music.
And a few individuals’s ardour might be actual property or some side of actual property. And perhaps going on the market and performing that’s extra of your objective. And so for me, it’s not essentially straightforward, however I believe it’s fairly easy. You recognize what I imply? Understanding daily shouldn’t be essentially straightforward, but it surely’s fairly easy and easy. And so for me, one other means of discovering your objective is to ask purpose-driven questions and tying it into your values. That means an ideal query all people may ask themselves proper now could be what’s most vital to me in life? What’s most vital to me in a relationship? What’s most vital to me in a profession? And it’s completely different for each single individual. It’s particular person for each single individual. And so I’d say in case your objective for all times is progress, contribution, having enjoyable and journey, it’s completely different than someone who has their values in life is safety and security.
So different individuals may actually worth journey and different individuals may worth security and people two persons are going to take a position otherwise. They’re going to do various things with their cash, with their time. And picture these two persons are married. That’s going to be very completely different. And even in a relationship, discovering the values you will have in a relationship. Some individuals worth, belief, loyalty, kindness, however everybody values one thing a bit of bit completely different and so there’s a hierarchy of the issues that we worth. So for me, my life values are love, progress, contribution, a way of journey and pleasure. And so I make my selections based mostly on that. And I really feel like a part of success is having the curiosity to know your self. It’s why individuals go to remedy or they meditate or they do introspection and reflection and journal. However then a part of it’s after you have the curiosity to know your self, having the braveness to be that individual is one other sport fully.
As a result of lots of people are terrified of different individuals’s opinions, different individuals’s expectations. And so yeah, I’d say objective is one thing that’s how you may use your passions to mild different individuals up. And so simply preserve it there. And if you happen to’re not likely positive, what are the issues that mild you up and what are the issues that additionally you may’t stand? You might additionally discover objective by way of issues that actually simply worsen the heck out of you, after which perhaps it reveals itself in that context additionally as effectively.

Tony:
Yeah, Jim, so many good issues there. I really like the phrase curiosity to know your self. I’ve by no means heard it phrased that means, however I believe for therefore many individuals, they in all probability by no means actually take the time to get to know themselves on that deep of a degree. And we’re all simply, I suppose have these floor degree relationships with ourselves. So I really like that phrase curiosity to know your self. However tying it again to identical to our rookies which can be listening, I believe a typical false impression that a number of new actual property traders wrestle with as they step into this area is that they’re in search of actual property to be the top all be all for them, when actually the true property investing is only a automobile so that you can stay out your ardour, your objective, and no matter that’s.
So I believe people don’t have to put as a lot strain on themselves to search out all of the achievement inside actual property investing, however simply get that enterprise to a degree the place it lets you do the stuff you’re obsessed with. And Jim, that really ties actually properly into our subsequent query right here from Tiffany O. And Tiffany’s query is, for individuals who have abilities and passions in a number of areas, and she or he lists out actual property investing, content material creation, music, et cetera, and desires to unleash all of these in life, how have you learnt which one to place your full and entire give attention to first? Do you give attention to one or two at a time till you’ve reached a satisfaction level after which transfer on to the following? Or do you assault them concurrently?

Jim:
Yeah. Everyone has a distinct mind kind. And one of many issues I’m actually enthusiastic about this new e book is there’s a chapter on there on cognitive sorts. And I notice after teaching for over 30 years that everyone learns a bit of otherwise. Everybody leads otherwise, everybody thinks a bit of bit otherwise. And we discovered 4 buckets. We name them mind animals. And we created a quiz within the e book. Individuals may additionally entry it on-line at mybrainanimal.com. It takes 4 minutes to undergo. You don’t purchase something. Similar to there’s personalised medication based mostly in your genetics and personalised diet based mostly in your microbiome. Effectively, that is form of like your personalised studying. And when you perceive, going again to realizing your self, there’s this … I don’t know if you happen to two noticed Matrix, however when Neo walks in and meets the oracle for the primary time in her kitchen, there’s an indication proper above the door and it interprets know thyself, which is such an vital half to get out of the Matrix and simply into your energy.
And so this can will let you know a bit of bit extra about your self. And we have now these animals that we may speak about on this dialog and it informs the way you strategy issues and it informs whether or not you multitask otherwise you simply give attention to one single factor at a time. And so there’s completely different … I imply actually we give individuals recommendation, however I additionally know in the end the very best coach is self-coaching. And when you recognize your self … As a result of not each even weight-reduction plan is for everyone. Some persons are allergic to sure meals or they simply can’t digest it or it simply doesn’t agree with them. And similar factor with that’s different individuals wish to be taught otherwise and purchase otherwise, assume otherwise, and likewise carry out otherwise. Some individuals wish to give attention to only one single factor. That’s their means. Different individuals love to do a number of issues in parallel and be extra of a jack of all trades and be obsessed with all these issues.
And once more, who am I to determine what can be completely greatest for a person? However I’d see if you happen to’re making progress, that might be the take a look at. Limitless, which is the identify of the e book, it’s not about being excellent, it’s about advancing and progressing past what you consider is feasible. So progress I really feel like is the secret. If I used to be to ask all people, in case your life was precisely the identical as it’s 5 years from now, would you be completely satisfied? And for most individuals they wouldn’t as a result of progress makes individuals completely satisfied. Making progress makes you content.
And so if you happen to’re capable of handle numerous completely different passions and functions in your life, then by all means, if that’s your mind kind, run with it. And I do know so many individuals that get drawn to the following shiny factor and so they love concepts and so they love new alternatives and so they keep it up for a few weeks after which their motivation falters and plateaus after which they transfer on to one thing else additionally as effectively. So I’d say not every little thing’s for everyone, not all people’s for every little thing. Everybody’s a bit of bit completely different. However as you do it, choose it by outcomes. And that’s in the end the investing sport. You’re all the time getting suggestions. You make errors, which all of us do, however there’s no such factor as failure. There’s solely failure to be taught one thing and people errors grow to be stepping stones to get us to the following degree.

Ashley:
I believe a few stuff you simply mentioned there actually relate to a brand new actual property investor, a rookie. So far as the shiny object, each episode they’re listening to of latest and alternative ways to truly put money into actual property, and it’s onerous to remain centered on that. However one factor I wish to ask about is, you talked about figuring out your self, determining who you might be, after which additionally working in your weaknesses. How do you establish what your weaknesses are? There’s the widespread ones akin to I do know I ought to go to the fitness center daily. I don’t. However what about weaknesses in your online business or weaknesses that might not be as obvious to you? What are steps you may take to truly establish them?

Jim:
I really feel like all success is about talent improvement. A giant a part of it. That means that if you wish to create a brand new lead to your life, it’s worthwhile to do a brand new conduct. And with a view to have new conduct, you want coaching to have the ability to try this. That’s why individuals take heed to your podcast, they undergo programs, they learn numerous books. And there are every kind of assessments on-line. Power finder assessments and instruments that might enable you to. Going again to the facility of realizing your self as a result of I believe self-awareness is certainly a superpower. And there’s this completely different strategy. Once more, some individuals lean in all of their strengths. Different individuals, they give attention to their weaknesses, they attempt to degree up their weaknesses. For me, as soon as I see the areas the place I’m not progressing or I don’t have a pure adaptation to select up this talent, I’ve to decide.
And I really feel like we may do something, however we will’t do every little thing. And that’s the place I both delete, I delay, or I delegate. If I’m not going to do one thing, I’ve to both delete it off my to-do listing, I’ve to delay it and schedule it for an additional time, or I’ve to delegate it to someone else. Perhaps a vendor or perhaps someone else on my workforce or some individuals finally they may rent an assistant to have the ability to assist them. However when it comes to weak spot, with a view to create a end result, if you happen to don’t have the talent improvement to have the ability to try this end result, then I really feel like that’s a weak spot. You wish to create a end result which is gross sales or extra earnings or no matter it’s. And if you happen to really feel such as you’re not an excellent salesperson since you’re not getting the end result … For those who’re performing on it. Some individuals don’t have the gross sales as a result of they’re not motivated going again to the dialog we had about motivation.
But when they’re truly doing one thing like a way and so they’re not getting the end result, then they must improve that technique by way of coaching, self-discipline, deep work. And if it’s not coming very easy with them, then they must decide, which implies ought to I put extra vitality and energy into this weak spot? Or is there a means that I may get assist and construct my workforce the place someone … It’s getting the correct individuals. Constructing a workforce is getting the correct individuals on the bus, getting the flawed individuals off the bus, ensuring the individuals on the bus are sitting in the correct seats, which means they’ve the correct roles and duties. And I believe that’s the place this mind evaluation is available in, as a result of as soon as you understand how individuals assume … One of many animals is an elephant who’s extremely empathetic once you take this quiz. And we discovered that our entire buyer assist workforce, they’re all elephants. And we didn’t plan it that means. It’s simply individuals go together with their strengths and so they discover roles that enable them to make use of their powers. And I discover this self-awareness is essential, but in addition the attention of the individuals round you. Even the mind kind of your potential prospect or a consumer or an investor. They’d function otherwise based mostly on the best way that they assume and be taught and carry out. So these 4 mind sorts I discover are tremendous, tremendous useful and demanding.

Ashley:
As a brand new actual property investor, an enormous piece of getting began is danger administration and simply stress total. So do you will have some recommendation for someone who’s perhaps working a W-2 job, they haven’t taken a number of danger for themselves financially, and now they’re about to take a position their life’s financial savings? What’s your recommendation for stress administration when taking these sorts of dangers?

Jim:
Threat mitigation is so vital as a result of once we’re careworn, we simply don’t make good selections. Continual stress will shrink the human mind. While you’re careworn, you’re in a state of sympathetic struggle or flight. After we’re beneath nervousness, we really feel like we’re being threatened as a result of stress is that form of response to worry. And what I’d say is … See, I’ve this concept that life is troublesome for one among two causes. Both as a result of we’re leaving our consolation zone, life is troublesome. We’re taking part in and practising on the fringe of our limits, life will get powerful. Or life is troublesome not solely once we’re leaving our consolation zone, generally life may be very troublesome that we keep in our consolation zone. As a result of if nothing adjustments, nothing adjustments. And the consolation zone is a pleasant place to go to. The problem is nothing grows within the consolation zone. And so if individuals have a good quantity of danger tolerance, with a view to get a brand new end result, you must do a brand new factor. With a purpose to do a brand new factor, then it might be threatening as a result of it’s unknown.
And customarily persons are afraid and frightened of the unknown and uncertainty. And anyone who’s achieved something needed to do one thing that took a bit of danger. As a result of if you happen to’re protected, you’re not going to do the issues that will let you increase. And if you would like your online business to develop, your checking account to develop, then it’s worthwhile to develop. However it takes vitality, it takes consideration, it takes an immense quantity of effort, and you must select your onerous. Being broke is tough and going on the market and doing one thing model new, on this case, actual property investing, is tough, if we’re trustworthy. We select what’s onerous. Being sick and drained is tough and going to the fitness center and planning your meals and prioritizing, that might be onerous. However we select our onerous. And so I love individuals who make the selection and in the end it’s their selection. As a result of I do consider in company when it comes to individuals’s private duty. My entire factor is simply I ask that individuals simply don’t complain about it in the event that they’re not doing something about it. That’s particularly my very own view.

Tony:
Jim, I received to get you to speak to my 15, virtually 16 12 months previous son about what you simply mentioned as a result of he and I’ve had some comparable conversations about you may’t be mad for the work that you simply didn’t do. And he’s having a bit of little bit of a tough time greedy that. However I wish to circle again. I really like what you mentioned about to get new outcomes, you must get new behaviors, which oftentimes requires teaching. I believe there’s one further ingredient to that. I’m curious what your ideas are, and for you too Ash, however I really feel just like the fourth piece can be group. As a result of a lot of our beliefs I believe are tied to the those that we encompass ourselves with and if our group that we’re at the moment part of thinks that monetary freedom is dangerous, if our present group believes that investing in actual property is dangerous, if our present group believes that constructing that enterprise is dangerous, inherently we begin to undertake these mindsets. So I suppose Jim, what are your ideas on the position that group performs in that conduct transformation as effectively?

Jim:
Yeah. We speak about 10 tenets to optimize your mind. One of the best meals and sleep and stress administration. Very tactical, very science-based. And the e book is filled with these issues. Certainly one of them occurs to be a optimistic peer group. Group. Who we spend time with is who we grow to be. We’ve heard the phrase within the self-development efficiency business for a very long time that you simply’re the common of the 5 individuals you spend probably the most time with. And if you happen to spend time with 9 broke individuals, you’re prone to be quantity 10. And the science behind it’s fascinating as a result of you will have one thing known as mirror neurons, and these are issues the place they imitate. It lets you imitate individuals, largely unconsciously. And I all the time inform individuals, watch, W-A-T-C-H, and I exploit a number of acronyms as a result of they’re quick types methods, mnemonic methods of remembering one thing fast. So simply keep in mind watch. The issues that we’re mirroring and imitating from the individuals in our group.
The W stands for phrases. We have a tendency to make use of the identical language because the individuals round us. The identical slang because the individuals round us. And people phrases have a big effect on our beliefs and our ideas. The A in watch are our actions. We are inclined to behave the identical means because the individuals round us. If all our associates are investing, then we’re extra prone to make investments. If our associates are smoking, we’re extra prone to smoke or consuming, we’re extra prone to drink. In the event that they go to the fitness center, we’re extra prone to go to the fitness center. We mannequin the behaviors of the individuals round us, our group. The T in watch are our ideas. And this is essential as a result of we are inclined to have the identical limiting beliefs because the individuals round us as a result of we choose them up in conversations and simply by way of osmosis. At occasions, individuals see me do … I don’t know. We’ll move round a microphone to the viewers and perhaps 100 individuals introduce themselves and I’ll memorize all their names or they’ll problem me in a roundabout way like that.
And I all the time inform individuals, “I don’t do that to impress you, I do that to precise to you what’s potential. As a result of the reality is all of you may do that and an entire lot extra. We simply weren’t taught.” There aren’t any courses and sophistication known as reminiscence. Similar to there’s no courses on how you can focus and all of the issues that we train on this e book. That being mentioned, individuals at occasions will usually come to me and say, “Jim, I do know you’re a reminiscence knowledgeable. I’m so glad you’re right here. I’m simply not good sufficient. I can’t do that. I can’t make investments. I can’t become profitable like all people.” I all the time say, “Cease.” For those who struggle on your limitations, you get to maintain them. For those who struggle on your limits, they’re yours. Your mind is that this unimaginable supercomputer, and your self-talk is this system that can run. So if you happen to inform your self, I’m not good at remembering individuals’s names, you received’t keep in mind the identify of the following individual you meet since you program your supercomputer to not.
Now, remembering names is so vital in enterprise. Once more, as a result of how are you going to point out someone you’re going to look after them if you happen to don’t care sufficient simply to recollect their identify? Primary enterprise etiquette, networking talent there may be. However going again to imitation, we are inclined to have the identical … Additionally moreover ideas, the C in watch is character. We are inclined to have the identical degree of integrity of the individuals round us. In the event that they don’t have a number of integrity, we have now the identical morals because the individuals we spend time with. And the very last thing are habits. The H in watch is the habits. First we create our habits, then our habits create us. However we are inclined to have the identical habits because the individuals round us additionally as effectively.
So yeah, I believe a optimistic peer group is crucial. I believe on the alternate aspect, generally our household and associates, we will love them, however they don’t must be our peer group. You recognize what I imply? A peer group is someone who has affect on the way you assume and the way you act and the way you are feeling about your self. And household, they might be well-intentioned, however generally they might be honest however sincerely flawed. And so they might be well-intentioned, which means perhaps they don’t need you to become involved on this undertaking or this funding as a result of they don’t need you to get damage or they don’t need you to get your hopes up. Perhaps they see you rising since you’re all the time listening to podcasts or studying books and going to conferences. And unconsciously they don’t wish to lose you since you’re rising and making progress and so they have a worry that you simply’re going to desert them or one thing like that.
However I’m saying you may love your loved ones and associates, however you may select your peer group. You might create a e book membership, you may create an accountability group. You might create those that maintain you to the next customary for your self. As a result of we all know that’s going to significantly have an effect on not simply our strategies that we’re going to make use of, but in addition our mindset and our motivation. If we’re round individuals which can be pushed on a regular basis, it’s identical to you bought to be pushed as a result of against this, you’re going to really feel such as you don’t slot in. And human beings, once we speak about group, all people needs to belong. So I believe it’s so vital to search out your tribe.

Tony:
I really like that tied in so effectively, Jim. I imply, I’m completely satisfied to listen to that the group was already an enormous a part of the framework that you’ve as a result of I’ve seen it play such an vital position in my life, I do know in Ashley’s life, and for therefore many individuals which can be getting began, that group piece, that peer group is so extremely vital. And simply actually rapidly, I really like the idea of filtering out recommendation from individuals who aren’t essentially certified to provide you that recommendation. I really like my mother to dying, however I wouldn’t take actual property investing recommendation from my mother as a result of she hasn’t executed it. I really like my dad. My dad’s by no means made a podcast. So if he gave me suggestions on, “I don’t know if you happen to ought to say that within the podcast,” it doesn’t apply as effectively. Now, if Ashley gave me suggestions on an actual property deal, I’m going to take that, proper?

Jim:
I’d say identical to once we talked about complaining, that you may’t be upset by the outcomes you didn’t get from the work you didn’t do, once we’re speaking about criticism … As a result of so many individuals shrink and being restricted is the alternative of being limitless. And so many individuals shrink down due to different individuals’s expectations. And I’d simply remind those that if you happen to’re fueled by the expectations of others, you’re simply going to expire of fuel. And also you shouldn’t take recommendation from someone … Or no, sorry. I wouldn’t take criticism from someone you wouldn’t take recommendation from. So we will make it actually, actually easy.

Tony:
That’s golden, man. Let me be sure I received that. You mentioned I wouldn’t settle for criticism from somebody I wouldn’t settle for recommendation from. Yeah.

Jim:
Yeah. I believe that’s a pleasant filter.

Tony:
Yeah. That’s nice.

Jim:
And also you all the time get suggestions. We may all the time get suggestions from individuals as a result of I believe suggestions is the breakfast of champions. So it’s nothing flawed with getting suggestions from individuals and studying from others, however actually it helps to be taught. The quickest strategy to quick observe your success is be taught actually from individuals who’ve executed it. And in my case, I’ve invested hundreds of thousands of {dollars} into studying how you can be taught, how you can optimize my mind, 30 plus years of my life doing it. And if I put it right into a e book and someone may learn that in a e book in a couple of days, you may obtain many years into days, and also you don’t must spend the hundreds of thousands of {dollars}, the many years to have the ability to try this. It’s an exquisite strategy to shortcut that. Identical factor with actual property, similar factor with something.

Tony:
That’s why I really like studying books. I imply, you get to consolidate many years of expertise from another person and put that into an actionable format. I really like an excellent e book. However Jim, one thing you talked about as we had been speaking in regards to the peer group piece was the limiting beliefs. And particularly for somebody that’s at first of their journey, a number of occasions these limiting beliefs can result in evaluation paralysis the place they’re caught in an motion as a result of they don’t consider they will truly obtain this stuff. So that you’ve touched on it a bit of bit, however what are some confirmed methods you’ve seen to interrupt by way of a few of these self-limiting beliefs?

Jim:
Mindset is the muse for every little thing. Mindset is the set of assumptions and attitudes you will have about one thing. So you may even know all the good strategies, but when your mindset is … I don’t know. With a purpose to become profitable after damage individuals or reap the benefits of them or cash is the foundation of all evil, all conduct is perception pushed. So that you received’t even use the strategies to its potential as a result of you will have a deep-seated perception saying one thing on the contrary. And so it’s crucial to get these issues in line. And it’s good to find … We stroll individuals by way of a course of, it’s form of in depth within the e book about how you can uncover the lies in your life. And LIE is an acronym. Restricted thought entertained. What are the restricted concepts we’re entertaining that simply will not be true? And so going again to the facility of realizing your self, self-awareness, being a superpower, it’s good to do a psychological audit as a result of it’s actually onerous to vary one thing if you happen to’re not conscious of it.
It’s actually onerous to have the ability to change your funds if you happen to’re not your funds, if you happen to’re not pulling up your financial institution statements, if you happen to’re afraid of working a credit score report or no matter. Or if you happen to’re not going and getting on the size or regardless of the metric is for well being. And so what I’d say is do an audit of your present ideas. After which there’s so many various instruments and strategies that we speak about within the e book. EMDR, EFT, tapping. A few of you might be accustomed to tapping on meridians to have the ability to change limiting beliefs. We discuss in regards to the energy of self-hypnosis, and we’re hypnotizing ourselves on a regular basis. I believe the character of the work is all about transcending. I imply, if you happen to take a look at a phrase like transcend, ending the trance. And the trance shouldn’t be solely by way of advertising and media that’s saying we’re damaged or we should be fastened or these form of issues and worry that comes by way of the media and every little thing, but in addition it’s the self-hypnosis.
I believe one of many methods to vary is to be actually aware. They are saying the 2 strongest phrases within the English language are the 2 shortest phrases I’m. As a result of no matter you place after it determines your life, your identification and your future if you’ll. And so a pleasant I’m assertion. As a result of some individuals say I’m a procrastinator and that’s their identification. After which they surprise why they will’t get issues executed. And it’s the distinction between saying I’m a smoker and altering the conduct. It’s actually onerous if individuals establish with being a smoker versus that’s one thing that they do. And what you do doesn’t essentially outline who you might be additionally as effectively. However completely prioritize mindset, know the lies you’re telling your self after which see if there’s a means … Within the e book, we do have a change course of the place we simply reframe their limiting beliefs. And it’s normally a 180, the alternative of what’s holding them again.
And so among the lies that we speak about as examples in studying are issues like errors are failures, and that’s simply merely not true. Individuals assume failure is the alternative of success when failure is clearly part of success. And generally once we’re speaking about dangerous, generally it’s too … You recognize what’s dangerous is taking part in it protected these days. And that might be a problem additionally. However these are all a mindset problem. It’s your assumptions and your attitudes about one thing. And particularly whether or not it’s cash or it’s actual property, but in addition your attitudes, assumptions about crucial factor, which is you. What you consider is feasible, what you consider you’re able to, what you consider … We are able to get actually uncooked, what you consider you deserve. And a few individuals deep down don’t consider they might be completely satisfied or deserve that loving relationship or should be wholesome. After which it doesn’t matter what the strategies are, they’re both going to not do the strategies or they’re going to do it in such a means that they’re nonetheless restricted round their mindset and the idea patterns.
So a number of the stuff that we consider is full BS. They’re simply perception programs. And for me, once I was 9 years previous, I used to be slowing down at school and I used to be being teased, bullied as a result of I used to be simply not getting the lesson that day. And trainer got here to my protection and she or he pointed to me and mentioned, “Go away that child alone.” Good intentions, like household. “Go away that child alone. That’s the boy with a damaged mind.” And I used to be like, wow, I didn’t notice I had the damaged mind. As a result of once you’re born, you’re a clean slate. So all these beliefs received imprinted on us. So how did it play out? Each time I did badly in class, which was like each week, or I wasn’t picked for sports activities, which was like each week, I’d say, “Oh, as a result of I’ve the damaged mind.” And that turned my perception. And for the longest time, for a decade and a half, it restricted me as a result of all conduct is perception pushed. For those who consider you may or consider you may’t, both means, you’re proper. The Henry Ford quote. So positively do an audit of your beliefs, see if you happen to may do a 180 of it and likewise simply see what’s working as a result of some beliefs serve us, however we don’t must consider every little thing we predict.

Ashley:
Jim, how does this tie into manifestation? I just lately began listening to a podcast that talks about … A few of this sounds very acquainted as to no matter you need, you must manifest it and you must put it out into the universe that that is who you might be, that is what you need, and that is how your life goes to go. Does what you write within the e book correlate with any form of manifestation or how does it differ?

Jim:
If we’re defining manifestation as taking one thing that’s invisible that you may’t see and making it one thing you may see, such as you’re creating one thing, I’m not an enormous fan of regulation of attraction as a result of I additionally consider within the regulation of motion. And the regulation of attraction and manifestation, it’s form of like you may sit in a chair and simply think about it’s going to occur and that hasn’t been my private expertise.

Ashley:
That really jogs my memory of a quote that I heard as soon as is if you happen to’re going to construct a home, you’re not going to rent a builder who’s going to dream about constructing your own home. You’re going to rent one which’s going to plan how you can construct your own home. So does that decipher what your distinction is in comparison with manifestation?

Jim:
I watch a number of blended martial arts. I grew up watching a number of anime, and I’d take into consideration that stuff on a regular basis with emotion, just like the regulation of attraction talks about. So I visualize it and I think about it, however that doesn’t imply I essentially have the skillset. If I’m not going into fitness center and getting correct teaching in jujitsu or Muay Thai or one thing else, I’m in all probability not going to get the outcomes. Not even in all probability. I simply received’t. Regardless of how a lot I obsessed about it with vitality and creativeness. So I really feel like constructed into the phrase attraction is the phrase motion, and I believe that nothing occurs with out it. Can our beliefs have an effect on the universe? Positive. And I really feel like we have now to do our half additionally.

Tony:
Yeah, I’ve all the time felt just like the regulation of attraction is simply once you focus so closely on one thing, you simply begin to establish extra alternatives that you simply may’ve ignored earlier than. However yeah, you-

Jim:
That you must act on.

Tony:
Precisely proper.

Ashley:
Like a automobile.

Tony:
Precisely proper, yeah. Just like the recency impact kind factor. However yeah, I can’t think about somebody sitting at their eating room desk manifesting their strategy to reducing weight after they’re nonetheless shoving cake and pizza down their face daily. It doesn’t work that means.
Jim, I wish to discuss a bit of bit in regards to the monetary piece as a result of for lots of our viewers, they’re W-2 staff, they’re working day jobs, however a number of people I believe aren’t essentially perhaps working of their areas of energy in terms of what they’re doing to earn cash. What’s your recommendation for folk to get extra in alignment in order that as they’re incomes cash by way of their W-2 jobs, it’s extra aligned with what they’re truly good at?

Jim:
Yeah. I’ll return into this concept that we do what we have now to do. My household, after they immigrated to the states, my dad was 13, misplaced each his mother and father. They couldn’t afford to feed him. Got here right here to stay along with his aunt. We lived at the back of a laundromat that my mother labored at. They’d many roles. That aunt who I knew as my grandmother rising up handed of Alzheimer’s whereas she was caregiving for me. So all people has a distinct story and all people has a distinct story. So it’s not a comparability factor. However I additionally consider it’s not about assets, it’s about our inner resourcefulness. We didn’t have any cash, training, didn’t know anyone, no community or Rolodex, however I simply really feel like that adversity might be a bonus and the challenges result in change. I don’t know one robust person who had a straightforward life.
So when you have a tough life and also you’re working and you’ve got a household, we simply must … It’s not even about time administration, however time is the one factor all of us have the identical of. Not all people has the identical issues I talked about. Earnings, training, connections. However all of us have 24 hours in a day. However I don’t assume it’s about time administration. I believe it’s about precedence administration. And for precedence administration is completely different as a result of precedence administration is saying that crucial factor is to maintain crucial factor crucial factor. A very powerful factor is to maintain crucial factor crucial factor. And so we do what we will. And once more, we feed our enterprise after hours till it feeds us again. And in case your values are freedom, that’s one of many issues that you simply maintain pricey, that’s your treasure, then you may have construction in your job and likewise do one thing.
And I additionally really feel like entrepreneurship, having been an entrepreneur my entire life and by no means having a W-2 earlier than, individuals assume it’s straightforward, however I additionally assume it’s a distinct form of effort. While you’re not being informed precisely what to do and also you’re not reporting to a boss, your elevate turns into efficient once you grow to be efficient. As a result of it’s all on us. And it’s a distinct mindset when it comes to private duty since you don’t have that security web. And I’m not saying stop your job and simply go full-time into something. You might have a household and you may have payments, and you must do it intelligently. However I’m simply saying that you must get out of your individual means. That means some persons are doing the alternative of precedence administration and so they’re doing issues that aren’t getting them the outcomes, however they idiot themselves as a result of they’re busy and so they complain to their household that they’re drained.
And for me, it all the time comes right down to objective. My objective was very clear rising up as a result of I worth my household, my associates, and I’m asking myself, who’s relying on me to point out up as we speak? Who’s relying on me to do the onerous issues as we speak? Who’s relying on me to be at my A sport as we speak? And that fuels my need and my mission to do the issues that I do. Persons are shocked to listen to that public talking was my worst worry. I imply, worst worry. As a result of if you happen to grew up with mind harm and you may’t learn, you by no means know the solutions, you by no means wish to be known as on at school. So my superpower was shrinking down and being invisible, sitting behind the tall child. I went all by way of faculty with out giving a e book report as a result of I used to be fearful of doing that. Now, life has a humorousness as a result of what do I do?
All I do daily is the 2 issues that had been the toughest issues for me, which is public converse on this factor known as studying. However I believe adversity might be a bonus. However going in the direction of your query, I’d say to the one who’s working their 9 to 5, their W-2, you will have to select. There’s a quote in Limitless once more that claims, life is the letter C between B and D. B is start, D is dying. Life is C, selection. That these troublesome occasions that you simply’re going by way of, it may distract you, these troublesome occasions can diminish you or these troublesome occasions, they may develop you. We determine with the alternatives that we make each single day. And so I’d say one of the crucial highly effective productiveness instruments, efficiency instruments you will have is your calendar. And but most individuals don’t use it. They put in like, oh, that is my mum or dad trainer conferences. That is my physician’s appointment. That is my 9 to 5.
However they’re not scheduling that aspect hustle. They’re not scheduling their exercises. They’re not scheduling their meditation, no matter it’s, their sleep time, the issues which can be vital. And you may know what somebody’s priorities are by their calendar. As a result of what we put our time to, it’s not what we are saying, it’s what we present. And even in enterprise, it’s not what you promise, it’s what you show. And once you act persistently, then the outcomes do the talking for you. And so I believe it’s higher effectively executed than it’s effectively mentioned. However for me, I’ll be occupied with your causes. When you unlimit your mindset about believing it’s potential that you simply deserve it, your motivation, the aim half is actually simply who’s counting on you. After which the opposite factor is, we have now one life. Why aren’t we working in the direction of our goals like we’re on fireplace? That form of urgency. And granted you do troublesome issues, but when it was straightforward, all people would have every little thing, proper? If it was straightforward, everybody would have it. However when you may get your self to do the issues that different individuals received’t do, then you may stay a life that different individuals can’t stay. However you must pay the value.

Ashley:
So Jim, earlier than we wrap up right here, what’s the promise or what kind of transformation will happen of this e book? What would you like somebody to get out of this e book after they’ve learn it?

Jim:
The underside line for my work is your mind is your primary wealth constructing asset. It simply is. We stay in an age the place nobody watching this … It’s not like a whole lot of years in the past. If we’re agricultural age, industrial age, we’re paid for our brute energy. As we speak, it’s our mind energy. It’s not your muscle energy as we speak. It’s your thoughts energy. And the quicker you may be taught, the quicker you may earn. As a result of data as we speak shouldn’t be solely energy, data is revenue. And so the concept behind this e book is your mind is the wealth creating machine. It has created every little thing else round us that we see, each know-how, however that is the final word know-how. However individuals improve their telephones, their automobiles, their apps greater than they improve this know-how, which is every little thing. Your mind. And so what I’d say is Limitless, the promise of the e book is we’re offering you with an proprietor’s guide on your mind.
However it’s not like an anatomy e book. It’s a really sensible means to have the ability to change your mindset, your motivation and the strategies you do to be taught. The last word talent to grasp within the twenty first century is your means to be taught quickly and translate that studying into motion. That’s the final word aggressive benefit bar none. As a result of when you may learn to be taught, when you may focus, you may focus, you may learn thrice quicker, you may perceive every little thing that you simply learn, you may keep in mind every little thing that it’s worthwhile to keep in mind and you may implement and assume and remedy issues, what are you able to apply that to? Every little thing. Actual property, cash, advertising, martial arts, music, mandarin, every little thing in your life, medication. No matter you’re learning. Every little thing will get simpler in your life. So the e book focuses on two issues. It focuses on how you can optimize your {hardware}, the mind optimization, and likewise how you can optimize the software program, that are the processes on how you can focus, how you can learn higher, how you can enhance your reminiscence, how you can keep in mind consumer info, product info, give speeches with out notes.
I imply all of the issues. As a result of I consider two of the most expensive phrases in enterprise and in life are I forgot. Simply take into consideration how we lose effectiveness once we say, I forgot that dialog. I forgot what I used to be going to say. I forgot that presentation. I forgot to go to that assembly. I forgot that individual’s identify. And on the opposite aspect, reminiscence makes cash. When you may simply keep in mind names and faces and consumer info, product info, give gross sales displays, keep in mind listings, keep in mind issues you must do, you simply present up with confidence in your life and capabilities. And so the promise of the e book is to actually make you extra limitless within the space that actually issues, to put money into crucial wealth constructing machine that you’ve, which is your mind. So we speak about how you can focus, how you can get higher sleep, how you can change your habits, how you can eliminate previous lingering habits, how you can change your limiting beliefs that maintain you again when it comes to self-doubt and self-sabotage.
After which all of the accelerating studying strategies which can be there. And the brand new e book, the expanded model that’s simply popping out is all about how you can construct momentum. So we speak about these mind sorts. And folks may take the quiz at mybrainanimal.com. It simply takes 4 minutes, nothing to purchase once more. It’s form of like, which Recreation of Thrones character are you? And I’ll provide you with a prescriptive on how you can apply this in the direction of your online business. Your mind kind. The right way to negotiate, how you can talk with those that have completely different mind sorts than you. We speak about studying agility at work. We speak about nootropics that can improve your temper, your psychological vitality, enable you to together with your focus and your reminiscence. We speak about how you can use AI in your online business and in your day after day to carry out higher, to be taught quicker.
So it’s identical to the end result of 30 years of analysis and instructing and training myself into the one place. And that is the one e book that can enable you to be taught each different e book afterwards. Since you’ll learn all the opposite e book’s quicker, keep in mind all the opposite books quicker, focus higher. And folks may discover it at limitlessbook.com. And after they do it right now, we reward them a whole lot of {dollars} of velocity studying and reminiscence coaching as my reward simply to have a good time the launch of the e book. And we donate all of the earnings to charity for the e book to construct colleges for kids, Alzheimer’s analysis in reminiscence of my grandmother, and a lot extra.

Ashley:
How superior, Jim. Thanks a lot. We actually appreciated having you on the present as we speak and sharing your e book and all of that info with us. Among the issues that I liked had been that that is very relatable, not only for rookie actual property traders, but in addition for knowledgeable actual property traders and anybody in enterprise usually too which may be listening to the podcast. So Jim, the place would you want individuals to search out out extra details about you and the e book?

Jim:
We now have a podcast too. You might simply search my identify in your podcast app. You simply must spell it proper. It’s Jim Kwik. Ok-W-I-Ok. It’s my actual identify. I didn’t change it to do that.

Tony:
I used to be actually considering that earlier, Jim, if that was …

Jim:
It’s my father’s identify, my grandfather’s identify. And YouTube, we have now over 1.3 million subscribers there. We put out dailies there. Limitless Books might be one of the best ways if you would like to have the ability to assist that e book. This e book shall be crucial e book. That’s my promise to all people as a result of it’ll enable you to with all different books. So many individuals purchase books and so they sit in your shelf and grow to be shelf assist, not self-help as a result of no one’s studying that e book. After which take the quiz, mybrainanimal.com, and publish the Animal. I’d problem everybody to publish their animal on-line and tag us in it so we see it. And I’ll repost a pair and reward out a few books randomly to the group simply as a thanks for having me in your present. However yeah, social media’s simply Jim Kwik in every single place. Ok-W-I-Ok.

Ashley:
Effectively, Jim, thanks a lot. We actually respect it. I’m Ashley, @WealthFromRentals, and he’s Tony, @TonyJRobinson on Instagram, and we shall be again with one other visitor. We’ll see you guys then.
(singing)