What separates the people who take action to achieve their dreams from the people who don’t?
In this week’s video blog, I share the #1 SECRET to achieving any life-changing goal.
I explain how to DECIDE, once and for all, that you WILL achieve financial freedom through multifamily investing.
You’ll learn 2 different approaches to “burning the boats” and understand what it looks like when you’ve made the decision to change your life!
Watch the video below (or keep reading).
I’ve been fascinated with why some people are successful and some are not. Do you know why some people take action on their goals and some do not?
Here’s the Secret to changing your life.
It’s simply this:
You have to DECIDE.
All you have to do is to DECIDE to that you want to change your life today—right now—there can be no other option.
You have to DECIDE that enough is enough, that it is completely unacceptable to be in the same spot this time next year.
If you ask the people who have achieved financial freedom about when and why they decided to pursue multifamily investing, the vast majority of them will tell you the exact moment they decided to act on their goal—and why.
I remember the story from one of our Coaches, Brad Tacia, when I asked him this question on podcast episode #55.
His plan at the time was to retire in 10 years by buying one rental property per year, and he was five years into his plan.
One evening, he was putting his four-year-old daughter to bed, and she kept asking him if he had to go to work the next day.
At the time, Brad was a project manager for an auto manufacturer, working 55-plus hours per week. So, he had to tell her, “Yes, honey, I have to go to work.”
And each time, he saw her face drop in disappointment. In that very moment, he DECIDED he needed to accelerate his plan.
He took immediate action on his goal, educating himself about multifamily and making offers. Within two years he quit his job. Today he’s one of our coaches and is helping students do what he’s done. (You can read more about Brad’s story here.)
WOW.
This is the reason why I love the Tony Robbins quote: “It is in your moments of decision that your destiny is shaped.”
And if you’re one of our mentoring students, you’ll recognize it because I send you a handcrafted sign with this quote.
(BTW, if you think mentoring might be right for you, schedule a free strategy session with us.)
So, it’s really quite simple. All you have to do is DECIDE that financial freedom is your only option.
Once you’ve truly DECIDED then the only logical next step is ACTION.
Hal Elrod would call the DECISION step “Unwavering Faith.” (Check out my video blog on the 3 lessons I learned from Hal.)
How do you truly DECIDE?
The best way to decide is to burn the boats—either literally or figuratively.
The literal approach is to quit your job upfront. And though this sounds extreme, it works.
In my experience, the people who resign to pursue financial freedom with multifamily ALWAYS succeed because they are 100% committed to achieving their goal.
Of course, this approach is not right for everyone. And I do not suggest quitting your job without addressing your living expenses. Be sure you have at least a 6-month runway. A year would be even better.
If the literal approach feels too radical for you, then burn the boats figuratively. DECIDE that your current situation is unacceptable and that there is NO Plan B. It’s financial freedom or bust!
Whether you decide to burn the boats literally or figuratively, involve your spouse in the decision-making process and get behind your mission to achieve your goal of financial independence!
Some aspiring investors THINK they’ve decided—but then get stuck.
How do you know if you’ve truly decided?
- You’re taking action naturally—without really trying. Once you’ve decided that there can be no other outcome, things start falling into place. You step out on faith and the universe provides what you need to achieve your goal.
- You’re making the time. Because multifamily investing has become a priority, you aren’t “too busy” to make phone calls or go to meetups or analyze deals.
- You’re not making excuses. The days of blaming other people or your circumstances are over. You take control and take action on your goals.
- You’re doing whatever it takes for as long as it takes. In The Miracle Equation, Hal Elrod talks about being committed to an outcome but not necessarily a time frame. You just keep moving forward until you’re financially free.
To help you achieve your goals, I would highly recommend Hal’s book. In particular, he has a brand new way of creating affirmations that really resonated with me. Read the book, but in the meantime, check out my “Cliff’s Notes” article, “Affirmations: How to Do Them RIGHT So They Actually Work.”
So … have you DECIDED?
If so, then what are the NEXT 3 things you’re going to do?
Post your answer in our private Facebook group or to my Instagram. Let’s continue the discussion there …
To your success!
Michael
