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It Starts with a Dream

November 16, 2018 by  
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Almost every super successful person I’ve ever heard of or have met began as a dreamer. Without dreams, very little will happen in any of our lives. But with a dream, great and wonderful things can, and most likely will, happen but only if you add two more things – specifics to make it a goal and action to turn the goal into reality. But the dream has to come first! So, let’s talk about that.

I once heard that 75 percent of our life is lived in our minds. That may not be entirely accurate, but I think you would agree that a fair amount of our lives is lived inside our heads and since our minds do indeed have great power, there must be great potential there.

Think of yourself in Chicago or New York in the middle of a cold winter.  You’re watching TV or reading a magazine and you see an advertisement for a trip to Hawaii. You’re attracted to the idea, and suddenly you start to dream about going to Hawaii for the entire month of February. What happens? You start to live the trip in your mind. You may even start to work it out in detail, planning exactly when you will leave, where you’ll stay, what you’ll do while you are there, and so on.

You think about it so much that you eventually decide that you are absolutely going to go and, if you don’t have the money to make it happen, you begin to plan how you are going to save enough to make the trip. And, of course, all of this is part of you living the trip in your mind long before you go.

When you finally make the trip, you have the great time that you had pre-lived in your mind and on the way home, you relive what’s just happened to you. That reliving of your trip in your mind can go on for weeks, months and even years, renewing your enjoyment of it each time.

Pictures can be a huge influence in helping our brains relive the good stuff in our lives.  Years ago, I bought a bunch of digital frames (they cost all $10-$20) and placed them all around the house. This way I can just insert a memory card from my camera (I use a new card for each trip or special event) and the digital frame will rotate through all the photos, allowing me to easily relive those great moments in my life. You should try it too. It’s a small thing but it can really enhance your life.

Just don’t forget, dreaming is not enough. You must also follow through with goals and action if you want to make it more than just a dream. Next week we’ll talk more just how to do that!

 

Challenge Yourself, Challenge Your Mind

November 9, 2018 by  
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Erik Weihenmayer on Everest

Imagine a blind man who made it all the way to the summit of Mt. Everest. Let me introduce you to Erik Weihenmayer, the first blind man to climb Everest. How do you think his satisfaction levels are? Wow, I’ll bet his intense satisfaction lasted a long time, maybe even a lifetime. But Erik did not only just climb Everest, as amazing as that accomplishment is just by itself, but he is one of just a handful of human beings, and the only blind man, to scale the world’s seven highest peaks on each of the seven continents. Talk about taking on a tough challenge! His so-called disability has completely taken a back seat to his passion to live his life well!

Erik’s award winning film, Farther Than the Eye Can See, was ranked in the top 20 adventure films of all time by Men’s Journal, and brought home first prize at 19 film festivals. It was also nominated for two Emmy’s. The film beautifully captures the emotion, humor, and drama of Erik’s historic ascent on Everest, as well as his three other remarkable “firsts” – he was one half of the first American father/son team to summit Everest, the oldest man to summit, and the most people from one team (19) to reach the top of Everest in a single day!

For Erik and his team, having met the challenge of Everest head on and having pushed past their fear, obstacles, adversity, age, and even disability, to succeed, they know that for the rest of their lives they can tackle the “hard” stuff of life really do it well because they have already proven to themselves that they can.

Did Erik Weihenmayer put his feet up after the triumphs and bask in the glow of his accomplishment? Perhaps he did for a while, but this former middle school teacher and coach never stops challenging himself.

“There are summits everywhere,” Erik often tells his audiences when he lectures. “Just because you lose your sight, doesn’t mean you have to lose your vision.”

Three years after he did it the first time, Eric went back to the Himalayas and tackled Everest again, but this time with an even greater vision. On that second trip, he took six Tibetan teenagers with him – a dangerous and challenging accomplishment made all the more remarkable by the fact that these six teenagers were blind as well. Wow!

You can challenge yourself in meaningful and lasting ways as well. The key is to continually challenge your thinking. If you work on changing that gray matter enough, I believe you can avoid the slowdown and letdown trap that snares so many people today, especially as they get older. Challenge yourself big time and you’ll be more than ready to go for your big dreams and accomplish them.

Let’s take a trip inside our minds right now.

First of all, do you believe you can change the way you think about life? Or are there new ways to think about your capacities and your potentials and what you can and can’t do?

So, I am now sending you a big challenge to really push yourself big time and, yes, I am going to challenge myself big time too!

Big Challenges on the Brain

November 3, 2018 by  
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Have you ever met someone who has made it to the 29,020-foot summit of Mt. Everest? Yes, I know, most of us think they’re crazy, but maybe they’re not as crazy as we think because their high satisfaction level seems to last for a lifetime! Years ago, I wrote the following.

Again, the tough challenges and hard work over a period of time, equals long-lasting satisfaction and contentment.  One of the big and growing problems in today’s world is that too few people believe or know this simple principle

Or maybe they used to know it and they’ve forgotten it.

We all should never forget the great zen saying, “To know and not to do is not yet to know.” Many people, for example, think they want a ton of money—and fast—so they can sit back and relax and really live. They think they want to sit around the pool and drinking a Mai Tai or watch movies all day. They think that will bring them satisfaction and contentment.

Our very retirement system even promotes that idea. That’s one reason we have so many mid-lifers and beyond who are downright miserable, and it doesn’t seem to matter whether they have a huge net worth or not. With too much of a slowdown, there’s an inevitable letdown, and as you’ve probably noticed, good old Fred or Mary retire at age 65 and pass away at age 67 or 70.

The bottom line is, if you stop challenging yourself, you’ll start dying. It’s almost a one-to-one correlation and all of that usually starts inside your mind. But if you “take a trip inside your mind,” you’ll find there are plenty of ways to program your brain so you’ll avoid the trap that snares so many people.

Next week I want to tell you the great story of Erik Weihenmayer who push himself to climb Mt. Everest. He did it even though he was totally blind – he was the first blind man ever to accomplish that super human feat!  Talk about giving oneself a huge challenge! Wow.  How long did his satisfaction and contentment last?

So, are you and I pushing ourselves and putting big enough challenges in our minds and then going after them to enhance and make our life more exciting and fulfilling? I can’t speak for you but I know now, at age 74, I need to challenge myself much more than I’ve been doing lately. But I really do have to ask you—-do you need to challenge yourself a bit more or maybe even a lot more?  Only you can answer that question.

Invest in a Basic Need

October 26, 2018 by  
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Just yesterday, I was on a conference call discussing options for doing a 1031 exchange as a big property that I’m a part owner of was recently sold for many, many millions of dollars. We did make a huge profit on this property and it had a great cash flow during the time we owned it, just like most of the income properties I’ve invested in, but it was time to sell. So, we were looking at our options to buy into other properties which would allow us to avoid paying a huge capital gains tax. We discussed several properties that looked quite promising when one of the partners—a guy much smarter than me—talked about the possible softening of the real estate market due to rising interest rates. Whereas he and others agreed that we are probably due for a pull-back of property values, the new acquisitions looked so promising that a pull-back in prices in the area would not likely have much effect on our possible purchase but it was still a risk.

I was faced with a similar dilemma many years ago and just recently happened to come across something I wrote back then when everyone was worried about a down turn in the economy and a pull-back of real estate prices. My headline was “A Basic Need”. In this piece I wrote, “Why is real estate such a good investment? Why do experts predict that the real estate market may slow down but will probably never fail?”

My answer to those questions is the reason why real estate is such a super great investment – real estate is an answer to a basic need. People always need a place to live, a place to work, a place to shop, a place to stay when on a vacation, and even a place to farm. Improved real estate is especially in demand and it is in demand most of the time. These include apartment units, single family houses, duplexes, etc. And, of course, one of the huge benefits of this kind of real estate is that even if the market softens and price come down, you still have someone else increasing your net worth since their rent payments are paying down your mortgage. Is that a great deal or what?

Even when the market softens a bit, eventually, these properties regain their value as the supply of units shrink and rents begin to climb again. I’ve seen this happen many, many times but investing in small rental houses, duplexes and apartment buildings, through all kinds of market conditions, was how I made my first million. I would keep buying as the market softened and prices and rents began to drop, but I was pretty darn sure the drop would eventually be over and, sure enough, the slump would end and put more millions in my pocket.

Bottom line here is yes, the economy will probably pull back a bit in the next year or so, but this can open up many opportunities for you and can bring you big profits in the long run. So, keep an eye out for good income properties and make offers to buy, whether the economy softens or it keeps on growing.

 

The Energy Generating Brain

October 19, 2018 by  
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I am pretty sure there’s not many people that wouldn’t like a bit more energy. Okay, maybe an 8-year-old kid has plenty, but most of us, especially as we age, really want and need more energy. The amazing thing about humans is that we can actually create more energy with our minds.

The mind can be one of the strongest and most powerful force that you possess. A overly simple example of the mind creating energy is if you were dead tired at the end of a mountain hike and could hardly take another step, but suddenly you were confronted by a grizzly bear, your brain would immediately send a signal that would produce a huge amount of adrenaline and give you plenty of energy to move very quickly to save yourself. Although that is chemical physiology, even quantum physics has proven that your thoughts can be vibrations of energy.

How about this? You are lying in bed, totally worn out with seemingly no physical or mental energy, and suddenly you think of some incredible new invention. You can visualize how this idea could very possibly make you a quick few million dollars. Suddenly, your brain creates a ton of new energy and you jump out of bed, rush to your desk, and begin putting your great new idea on paper.

Your brain really can create energy. I totally believe that your brain is the key to your financial fortune and my experience backs up this belief. Some say that you can obtain wealth by training your subconscious mind to attract wealth, and I totally agree. If you put those money-making thoughts and plans deeply in your mind and then push very hard to turn those thoughts into action, you can and will be successful.

Quoting from one-mind-one-energy.com, “The most potent form of energy is thought because thought waves are cosmic waves penetrating all time and space.”  The 5 steps below, found on that website, make so much sense and are so very true. We really need to watch our brains like these 5 steps advise.

  1. “Watch your thoughts, they become words.”
  2. “Watch your words, they become actions.”
  3. Watch your actions, they become habits.”
  4. Watch your habits, they become your character.”
  5. Watch your character, it becomes your destiny.”

Good ole Mahatma Gandhi said something similar: “A man is but the product of his thoughts–what he thinks, he becomes.”

Wow, there’s a bunch of good stuff to pound into our brains that can greatly enhance and improve our lives, whether it’s to make millions of dollars or become whatever we’ve always wanted to become and maybe have fallen short. Plus, who among us doesn’t want to have a ton more energy?

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