Eliminate The Perceived Risk Holding You Back

Do you often find yourself putting off important tasks/responsibilities because of minor reasons and excuses? Well, you’re not alone. In this episode of The Property Entrepreneur podcast, Gordon shares his tips of escaping inertia by facing issues head-on. By understanding the perceived risks preventing you from moving forward, you can form and implement a plan and manage them effectively.     KEY TAKEAWAYS Anyone can come up with reasons or excuses to not start something right now. Write down these excuses that are preventing you from beginning, break them down and come up with some resolutions for yourself, 3 bullet-points max should allow you to mitigate the risk Consider keeping aside a set percentage of your capital each month as a ‘slush fund’. Having money in case of emergencies is great way of insuring yourself against any emergencies that may occur. For example, tenants ruining your property. If you find yourself struggling to find solutions to diminish the risk, search for them online! If Brexit is one of your worries as a property investor, research the potential risks Brexit may have on landlords and what you can do to safeguard yourself. Dominate these off-putting risks, don’t let them be time killer and don’t spend too much time creating plans around them, just have the security of knowing you have the remedies in the back of your head. BEST MOMENTS ‘If you have any potential future worries, write a couple bullet points about how you can go about fixing them’ ‘If the risk does become an issue, you know you don’t have to struggle or stress about it’ ‘Don’t worry about every single potential risk’ ‘The risks you perceive when starting a new venture will be different to the risks you perceive when you are 6 months into your venture.’ ‘Spend more time implementing your solutions than the time you spent coming up with them’   VALUABLE RESOURCES The Property Entrepreneur Podcast The Daily Stoic book by Ryan Holiday & Stephen Hanselman   ABOUT THE HOST Welcome to the Property Entrepreneur Podcast. We don’t know about you, but we’re fed up of being broke and relying on exchanging time for money working for others. Join Gordon Done on his journey to becoming a full-time property investor. You’ll get a no holds barred introduction to property entrepreneurship. It doesn’t matter if you’re completely new to property or you’ve been working in property for years; we’ll give you the tools you need to create a mindset for success. We’ll help you avoid any mistakes we make along the way while giving you the blueprint to any successes we achieve. Join us on our journey to becoming professional property investors and learn how you too can become financially free through property entrepreneurship.   “Financially free…Brick by Brick”   CONTACT METHOD https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/ https://www.instagram.com/thepropertyentrepreneurpodcast/ https://www.thepropertyentrepreneurpodcast.com/ [email protected]