← Action Academy | Millionaire Mentorship For Your Life & Business
Action Academy | Millionaire Mentorship For Your Life & Business
Use This Mental Model To Eliminate 92% Of Your Stress TODAY
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What's up everyone? Welcome back to another episode of the Action Academy podcast. In today's podcast episode, we're discussing the singular mental model that I have learned from my multimillionaire mentors and my coaches that has helped me eliminate the vast majority of my stress when it comes to investing in business decisions. Which is why in my personal life I go crazy. But when it comes to business and investing, and I talk to some of you guys that are freaking out and you're all over the place and you're super keyed up, I'm actually strangely and oddly calm when I talk to you because I can see the the forest over the trees, I can look down at a 30,000 foot and I know the answers to your problems. So that's what we're going to be discussing in today's podcast episode. And as always, I have a favor to ask of you. If today's advice helps you in any way, shape or form, please share this with friends. Text them the link directly post this to your social media. The only way that this message shares and spreads is through you guys. We don't have any ads on the show and we only spread through word of mouth. So this advice today helps you. Please share it with somebody else that you think would get value from it. To illustrate today's concept, I'm going to share two personal examples. One of my real estate investing journey and then another one in my business and entrepreneurship journey. After I share the two personal examples, we will go into the framework itself and how you guys can apply it to your real estate investing, to your entrepreneurship journey. D All of the above. So first and foremost, it took me a year, 365 days to buy my first house hack. Ridiculous, right? I had no idea what I was doing, I had no money and I needed to figure out how the heck to pull it off. And the analysis paralysis that I had to buy a singular house in one year. This was in 2019, guys. This wasn't that long ago. This was five years ago in 2019. Took me a year. About my first house hack, it was in Marietta, Georgia. I bought it for $273,000. 3.5% owner occupied loan. I had a 3.7% interest rate. Still remember the numbers like the back of my hand. It was a 3:2 upstairs and it was a 2:2 downstairs. So it was a five bed, four bath and I had the bottom subdivided into separate units to where I lived on one side of the basement. I moved another one of my college friends into the Other room and, and upstairs I rented out to a full family. This is the process that would rinse and repeat once a year when I started my real estate investing journey. So every single thing that I say is out of love because I've gone through it. And as I've gone through it, I'm trying to impart upon you guys, like the lessons that I wish that I would have learned when I was starting out. So some people will come to me and they say they're buying their first house hack and they've got $80,000 saved up. I'm like, why are you doing that? You make $170,000 a year. This house hack's not going to move the needle. But anyways, I digress. Along that journey, I remember running into problems because that is what comes with real estate investing. That is what comes with entrepreneurship. You are paid, my friend, to deal directly with problems. If there are no problems, there is no profit. Please, please get that into your head. If you're just now starting out like, the game is to run towards the problem, to run towards the brick wall and smash through it. The game isn't to go around the brick wall. Like that is called employment. To go around the brick wall, you just get a job and you let somebody else bust through the brick wall themselves, right? So in this podcast, we're talking about dealing with problems. And when I was looking back at the problems I was dealing with, oh my God, my tenant is late on rent. Oh my God, my basement flooded. The water heater leaked and it flooded the entire basement. I have to replace the floors and the drywall all. Oh my gosh, the backyard flooded. Oh my gosh, A tree went down and took out the fence and part of the house. Oh my gosh, I have to evict a tenant. Every single one of those problems felt like a soul crushing, investment killing, life altering, earth shattering problem. To me at the time, the idea of buying real estate and not using my own money was this wild concept that I was like, there's no way I could do that. That sounds like a problem I can never hand. Right? Here's the kicker. Now, five years in the future, I look back at those problems and I laugh. The problems still exist and there's still people going through them. But I'm just like, dude, really? Come on, what are you talking about here? Like, really? And those issues that were so monumental to me, these mountains were actually always molehills. The only thing that was the difference was how I perceived the problem, not the problem itself. How I perceived the problem. Now, one more example, and we'll get into the framework and how to solve this for you guys in my business. Today, in my first year of Action Academy, we're coming up on our second year here. We're, we're about, what, a year and eight months, nine months. In my first year of Action Academy, I couldn't figure things out. I was like, oh, my gosh, how do we get to a million dollars a year? How do you. How do we fix this lead flow problem? How do we fix this fulfillment problem? How do we fix this marketing problem? How do we. Blah, blah, blah. Oh, my God, dude. I look back on the problems I had last year when I first started the business versus right now, and I'm like, dude, what are you talking about? What are you talking about? The problems I was dealing with that felt so huge to me once again, were inconsequential and rounding errors a mere nine months later. Guys, there's so many times that I've seen this apply to people's lives. Again, it's not the problem itself. It's your perception of the problem. So I would invite you guys to go back three years ago from where you're sitting today. I don't care if you're still in college looking to get into your corporate job. If you're in your corporate job with your first couple of properties, if you're worth $10 million and you're looking back on you at $5 million, like, look back three years and think problems that you had that felt like unachievable, insurmountable, like, those were mountains that you could not summit and just have a laugh here, like, pause the podcast and be like, dude, what was I thinking? Of course these were easy to solve. These were very figureoutable, which goes into the mental model. The more advanced that I get in business, the more that I realize that there is seldom an original thought. There's seldom an original thought. Most thoughts, most business ideas, most plans have already been executed. Most investing strategies have already been implemented in different markets. People have already, most of the time, done the thing that you're doing or that you're attempting to do. And I will add a apostrophe caveat here to where if you are attempting to do something that has never been done before and you do not already have a significant amount of financial success, change your strategy. Don't even do it. You're not Elon Musk. You're not Zuckerberg. Don't create Facebook from scratch. Don't create Tesla from scratch or SpaceX do something someone's done before. Because that means that the problems associated with that business investing strategy are figureoutable. They're figureoutable, all of them. Like people have done it. Like they've already moved through it and moved past it and they've already broken through that wall. The wall's already been done. Like there's instructions over to the side. You're just not looking, you're just taking this freaking plastic spoon that you got from the deli and you're trying to like carve through the brick wall, Shawshank Redemption style, when really there's a sledgehammer that's just like three yards down the field here that you can pick up and go through the wall with. You just haven't seen it yet because you're so caught up in the idea of how the hell am I going to get through this wall with the knowledge and the skills I possess today that you're not looking out, you're not zooming out. So when you realize that your problem has already been solved, then the entire game is literally who has solved the problem. Finding that person. That's it, guys. This has helped me with my stress so much, so much. I'm like, oh my God, how are we going to get to $10 million a year in our community? Communities have existed for thousands of years. You can literally trace it back to the first ever Mastermind documented was probably the triumvirate between Julius Caesar, Pompey and Crassus back in like 60 BC. How many people have already built communities and gotten to the $10,050,100,000,000 level? A lot of people. So how many people have scaled their businesses through Facebook ads and through YouTube ads and through Google Ads? How many people have successfully fulfilled a customer, successfully done this, successfully done that? Thousands and thousands of people. How many people have invested in multi family, have invested in self storage, have invested in mobile home parks, have invested in land, have invested in single family, have invested in businesses? Millions. Millions. Yet you are over here being consumed because you can't find lead flow. Zoom out, zoom out. There are people listening to this right now that are paralyzed with stress because they can't find capital, because you can't find a partner. What? Once you realize these problems for what they are as figureoutable and problems that have already been solved, you can just simply zoom out. And the framework that I use, the mental model I use, is, will I laugh about this problem three years from now? And also has this problem been solved before? If the Answer is no. It's been very, very, very rare. I've maybe had one or two problems I could think of in my entire life that I'm like, has this problem been solved before? The rest of the problems have been solved before. So since you know that the problem's already been solved, you need to stop stressing about it and solve it by finding the person that has solved it and reach out to them. And that's honestly, like, why communities exist. That's it. Like, there's no secret sauce. I'm sorry, Anybody that tries to sell you a secret sauce in a freaking community or paid mastermind or paid coaching is full of shit. Like, literally the only thing that you're doing is just expediting access. That's it. So community is just time. That's all it is. So it's just like Action Academy exists because I'm like, oh, okay. So it's, you want to learn how to scale multifamily, you want to learn how to scale self storage, you want to learn how to do capital raising, you want to learn how to do all this stuff. You want to learn how to buy a business? All right, cool. Well, instead of you, like, floundering around and going and finding the people, we just have them like, here, here they are, Here is the room. Open the door, walk through the room, here's everything, and we'll feed it to you on a fricking silver platter. That's the business. It's not difficult, it's not hard, it's not complicated. It's very simple. Simple scales. Fancy fails. So you're trying to find this complicated answer to your million dollar problem or $10 million problem. And I can guarantee you like 90% of the time, the answer is so much more simple than you anticipate that you can't even fathom that that's the answer. And most of the time the answer is just do more, do better. Like, that's it. Like, that's it. Oh, you're sending out 5,000 mailers, send out 50,000. Oh, you're doing 2,000 cold text messages. All right, do 10,000. Oh, you're talking to three brokers a week. Talk to 30. That's kind of it. And that will solve all of your mysterious problems. So hopefully this helps today, guys. It's helped me a lot because even with my stuff, I'm like, oh, I can't figure out Facebook ads. I can't figure them out at all. I've spent a hundred thousand dollars. I can't figure out Facebook ads. But now I'm coming at it, like, of course we're going to figure out Facebook ads. Like, how many thousands of people have figured out Facebook ads? And, like, to be honest, a lot of the Facebook ads I see for the businesses and the guys and the girls that are successful with them, like, they look terrible and the businesses are terrible. So I'm like, their business can do it. Like, I have a good business we can crush. Same thing with investing, guys. So hopefully this helps. As always, if you want that shortcut to be able to figure things out faster, that's literally our business. You know, like, duh, it's very simple. So if you're interested in that Action Academy community, go in the show description, click the link, book a call. Happy to talk with you for 15 minutes. 50% of you guys, it's not a fit. Straight up. And we'll just direct you where it is a fit. Maybe there's a better multifamily group out there for you. Maybe there's a better hospitality group out there for you. We'll just send you over there. Like, we don't need your money. So sick. All right, thank you so much, guys. Talk tomorrow.