| Smashing the Poor Barrier! By Phil Jones - Entrepreneur, Author & Self Made Millionaire
Four years ago when I was slaving for 50 hours a week to make a living, I thought the only barrier that was stopping me from being a rich wealthy property investor was my lack of knowledge on property (The area I knew could change my fortunes).
So I read everything I could, attended every seminar I could and scoured the world learning from some of our times greatest wealth creation teachers. Thinking I could educate my way to wealth.
What I didn’t realise was… the thing that was holding me back from the riches and wealth I deserved wasn’t the education! Even though my mind told me it was!
You see if education unlocked wealth why isn’t everyone that’s read a few good property investment books a millionaire? Why isn’t everyone that attends a (good) property seminar (there are so many bad ones out their) a millionaire? Why aren’t all the educated University graduates of finance and economics… property millionaires?
In our society we have some very educated property investors that are very poor!
Now don’t get me wrong: a thirst for a solid knowledge of property investing is fundamentally important to every investor's success! But what I didn’t realise and many others still don’t is that…
Its not our knowledge that stops us from being Rich, ITS US THAT STOPS US!
Our Mind Lies to Us or should I say, we Lie to Us
We tell ourselves lies like…
- If I read a couple more books then I’ll start investing
- After this seminar I’ll just wait a couple of months to make sure I’m doing the right thing
- When I get x dollars in the bank then I’ll start
- Or I’ll do a couple of investment deals but aren’t ready to take on major debt for more deals yet
We are our own biggest enemy! We limit ourselves by putting barriers in our own way and then we wonder why we don’t jump over them. Most barriers would never be their unless we put them their in the first place!
The Biggest Lie of All!
The biggest lie we tell ourselves is…
I don’t have all the answers so I’ll just read a couple more books and go to a couple more seminars and when I know everything then I’ll get started.
Guess what, there isn’t a person on the planet that has ALL THE ANSWERS! If this is your criteria for starting investing – you will never start!
The Power of Emotional Intelligence
My life changed massively in 3 years, rocketing from Poor to Rich because I came to understand the power of my own Emotional Intelligence and how this affected the decisions I made.
What is Emotional Intelligence you ask?
It’s the spark that can light the flame to the rocket that can propel you to where ever you want to go.
Rocket Body = Education
Rocket Fuel = Action
Igniter of Rocket Fuel = Emotional Intelligence
IMPORTANT: The problem is most people don’t know about their own Emotional Intelligence so their rocket sits patiently on the launch pad, Fuelled Up and ready to go. But it never really lifts off and they never really reap the massive riches they deserve because they haven’t ignited the Fuel with a real understanding of their own Emotional Intelligence.
Put simply: Emotional Intelligence is our ability to control our emotions and be passionate about life with us controlling our emotions rather than them controlling us.
The moment we let emotion control an investing decision is the moment we make a BAD decision.
Bad Investing Decisions
Why do educated investors sometimes make BAD investing decisions? Lack of Emotional Intelligence! Often investors know they shouldn’t get into an investment, but they do the deal anyway because they fell in love with the style of the house.
When I learnt this concept it transformed by life! I achieved massive success because I refused to let fear and self-limiting barriers in front of me and I refused to let any of my investing decisions be even remotely influenced by emotion.
The Secret of Your Investing Success
True power is achieved when you have mastery over yourself, and your mind, emotions and actions are harnessed in one single direction.
The sole reason David Hows and I established the Richmastery Property Academy was to create one course that delivered all three investing keys to participants at the same place at the same time!
The Academy provides a wholestic (wholestic – because the whole solution is provided) learning experience by integrating Education, Action & Emotional Intelligence into a powerful 3 day event that delivers a cohesive education that produces radical outcomes and changes lives.
We recently brought Kurek to the Academy for the sole reason that I believe he is a master in teaching people how to empower their lives by harnessing the potential of your own Emotional Intelligence.
Plan to ignite your rocket and really start going places, develop your Emotional Intelligence and live life to the max! Successful Investing! Phil Jones |