Common Mistakes in Investment

By: Danny Welsh
PART III
If fear of success has held you back on your plan to get started investing in real estate, take action on your thoughts and let it go.
Replace those thoughts and those feelings whenever you have them IMMEDIATELY.
Replace them with thoughts and feelings that will empower you instead of take your power away.
Whether it is yourself or someone else, all of your power is in your ability to forgive and in your power to forget and in your power to follow through.
Forgive and move on. Forget the mistakes and unhappiness of yesterday. Do these things and follow through on your success for tomorrow.
You beat fear of failure by planning. You beat fear of success by changing your thoughts. What about the last of those fears I mentioned that are common among beginning investors?
What about the fear of the unknown?
Wherever there is uncertainty, there too can there be fear.
People fear walking up to an attractive stranger of the opposite sex in the restaurant.

They fear going into a dark and silent house. They fear if they'll know what to do if a gun is pointed at someone in their family. They fear changing jobs. They fear speaking in front of a group. They fear moving to a new city. They fear shipping out to war. They fear going to a party where they won't know any one. Some people even fear going outside their house!
The fear of unknown can come in for people in many of these scenarios because there is the element of mystery, of what they don't know.
Some people will never feel any of these fears, and might think that it's ridiculous to be afraid in a situation like this…but to others these fears are perfectly real.
Others might frighten anyone.
It's no surprise then that a large number of people might feel a tad nervous about how to get started investing in real estate and buying their first investment property.
In real estate investing, the best way to conquer this fear of the unknown is to take action to destroy the uncertainty one feels. And the best way to do that is to through gaining knowledge.
Go out and learn more about real estate investing and begin to apply what you learn.
Fear of failure. Fear of success. Fear of the unknown.
There's one key element in triumphing over each of them: you must take action!
Investors almost invariably share one universal belief- they wish they had started earlier. If they had started earlier, whether six months earlier, a year, 5 years or more, they all realize that they would be much wealthier and more successful today.
If they had only realized earlier that after they took action, for the most part their fears went away, they would have gotten started sooner.
Just remember, action cures fear!

Investment
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