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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.

 

All the Love out There

October 12, 2018 by  
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Last week I ended my blog by writing about the great tears of joy I experienced shortly after posting a picture of me at my daughter’s grave site, a moment that itself was filled with tears of pain and sorrow! So, you may ask, what brought on the great tears of joy?

Shortly after posting the picture of my daughter Kristin’s grave site, I began to receive these wonderful messages of love with many kind words of sympathy, love and support. Wow, did those words of love, coming from several dozen friends, family and even total strangers, ever get to me, bringing on those tears of joy!

That got me thinking about how powerful love is in our lives and how much of it is out there. Even though it’s all around  us you sure don’t hear or see much of that on the news, so, I’m guessing that some people don’t really fully realize how much love there is in the world. But, the opposite of love—that thing called hate—makes the news pretty much every day. Why is that? I think the main reason is because it can be, and usually is, so very sensational, so it really stands out and grabs our attention. Like the mass shooting last year in Las Vegas or the kidnapping of a kid or the rape of a woman and, of course, lately, the terrible things we are hearing about due to the MeToo movement.

The news certainly doesn’t spend much, if any time, on how much love a parent shows his or her kids. Once in a great while the news might have a short story on the great love of a couple on their 50th or 75th wedding anniversary, but the divorce of a couple, especially if they are famous, certainly makes the front page and the top of the hour TV news.

I think we all need to pay more attention to that great thing called “love” and give more of it to those around us and, yes, even people we have just met. We need to Encourage our kids and those around us to share more and more love each day, through words and deeds. And I want to publicly send out a HUGE THANK YOU AND LOVE BACK to those wonderful people who sent words of love, great sympathy, and support to me on what have would have been my daughter’s birthday!

 

The Power of Repeated Thoughts

September 28, 2018 by  
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People commonly remark to themselves, or to other people, things like “I’m a real good people person,” or “You know, I’m not good with people. I guess I’m kind of anti-social.” Others say, “Hey, I’m really good at fixing things,” or “I sure am a poor public speaker, but I’m a very good writer.” How about you? What do you tell yourself and others that you are good at and things that you are not so good at?

This self-talk is a very powerful thing and it tends to make you much better at some things, but it also can reinforce negative ideas about your life and habits which can hurt you.

I’ve said for many years that I’m very good with numbers and that I am a good wordsmith but, when it comes to repairing or fixing things, ugh… I’m terrible. And for many years now I’ve said to myself and to others, “I’m really, really not physically flexible.” In fact, I can’t even touch the floor without bending my knees big time. But, a few weeks ago, I started thinking about the huge connection between the brain and the body and how my comments about my lack of flexibility was totally reinforcing that weakness. You see, by telling myself over and over again that I was not at all flexible, my body believed it, which wasn’t hard because I wasn’t doing anything to change it either. So, my body was just following the brain’s instructions.

It does surprise me that I didn’t have this wakeup call years ago. I just accepted having a stiff body as an unchangeable fact and by always saying that I was not flexible, I reinforced what my brain was telling my body.

So, having had my little epiphany, I decided to do something about it. I started a simple daily stretching routine and within just a few days I was delighted to see a slow but consistent improvement in my flexibility. Before my stretching program, if I had dropped something on the floor, I would ask my wonderful wife, Kimberly, it she’d pick it up and she always would. But now she doesn’t have to. Even though I’ve got a long way to go to be super flexible, I can see that it is going to happen, just a little bit at a time.

I’m not saying that we don’t each have some very natural talents and abilities but there is also a very strong connection between the brain and the body that can also affect our abilities. We need to remember that we can direct our thoughts to make changes and improvements in our body and in our life, changes that we may have thought were not possible. The bottom line is that our thoughts can reinforce good stuff in our lives as well as some bad stuff so we should pay attention to which kind of thoughts we keep repeating to ourselves and others.

Think about this and maybe experiment with ways to direct you and your body to change or improve. You might surprise yourself.

 

Choosing Novelty over Fear

September 21, 2018 by  
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Flying back with my wonderful wife, Kimberly, from Paris yesterday —a 10 hour non-stop to Salt Lake City—a 10 hour non-stop to Salt Lake City – I couldn’t help but reminisce over our super great trip to Sicily and France. In my mind, I relived all the things we did – the wonderful cathedrals, castles and intriguing side streets with the totally unique cafe’s and tasty 3 cheese fondue dips.

I got to thinking just how much travel to foreign counties and different places in the world expands and stimulates a person’s mind, making them more creative and appreciative as well as, sometimes, giving the entrepreneurial mind great ideas for new products and services that they can introduce back in their own country. These ideas can, sometimes, make that entrepreneur a fortune from just duplicating, or even, improving and/or changing that product or service. There are so many discoveries popping up all over the world and those can make a fortune for anyone who is paying attention and willing to work to make that product or service fit in their own country.

But business aside, I find that travel to a foreign country lifts my soul. If I was feeling a bit down or depressed before the trip, that plane ride and the visuals as we fly over a city like Paris, London, or Rome, eventually strolling through those foreign streets as well, is like taking a super drug to make me feel great. I’ve never forgotten how much the brain craves novelty and how that novelty pumps feel good chemicals into the brain. New places, new faces, and different unique cultures do exactly that for us humans.

This morning, as I was writing this, I was struck by the question of how many Americans have never traveled outside the USA and also why so many people have a great fear of flying. First of all, in regards to the fear of flying, many studies have shown that the chances of dying on a commercial jet are just .07 out of one billion miles flown!  Knowing that statistic makes my flights at 35,000 feet at 565 miles an hour across the ocean very relaxing.

Sadly, even here in the USA, which is one of richest countries in the world, as much as 63% of the population has never traveled outside the country. I would bet that most of that comes more from the fear of flying rather than the cost. And by the way, if you shop around, you can find round trip flights to Paris from the US for a mere $500 or so, depending on when you travel.  And again, if you or your friends or family members have a fear of flying, be sure to give them some statistics. So here is another one –there is only one chance in 11 million that you will die in a commercial plane.

By the way, I was thrilled to read recently that they are reintroducing the Concorde Jet and that it will be flying again in 2023. I always loved that 3 and half hour plane ride to and from Europe. Wow, what amazing speed–about 1350 miles an hour! I would urge you to sit down right now and make a list of the countries you want to visit, being sure to put some projected dates down for your trips, then go do it. Coax your friends and relatives to do the same thing—you won’t be sorry!

A List to Start the Day

September 14, 2018 by  
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A few weeks ago, I talked about how important that first hour of your day can be as the book, The Miracle Morning, talks about. I would add one critical thing that you can do to make that first 60 minutes of your day so much more productive and beneficial to your life – write down, the night before, the items and tasks that you want to address the next morning. Write what you want to concentrate on for those first 60 minutes. You can break it down to six 10 minute items or four 15 minutes tasks, but no matter how you do it, making a list can, and will, greatly increase the odds of you following through on what you want to accomplish.

There is something magic that happens in your brain when you reduce your desires to a list. When you write those items down, it’s like your brain pushes you to act on them and won’t let you go until you do it.

In my book, How to Ignite Your Passion for Living, I have a chapter entitled “Clone Yourself with the Amazing ‘L’ Factor”.  Show me any super-successful person who has accomplished big things and I’ll show you an accomplished list maker. Yes, you can clone yourself by the wise use of list making, plus some good old-fashion delegation.

Of the many specific techniques that have huge value in helping catapult a person to the top of whatever they’re going after, I have to say that list making is at, or near, the top of that list. For some reason most people tend to put a much higher value on just about anything that is on a written list. It’s just flat-out amazing how much more enhanced your life will become and how many more dreams and goals you will be able to achieve by using lists. In addition, daily task lists or to-do lists are the key to keeping track of accomplishing all the bite-size components into which you’ve broken down your big picture goals.

So, if you have gotten away from that ole list making habit, it’s probably a good time to start making lists in order to drive yourself to get lots of stuff done. And I don’t mean just for that first hour of the day, but make lists for your big, huge goals and read over your list often, checking off those items that you’ve accomplished. Then you can give yourself a nice pat on the back for getting the job done!

Prioritizing Your Lists

September 7, 2018 by  
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Last week’s blog challenged you to become the next Richard Branson. I’m still waiting for that invitation to jump in your hot air balloon and travel over the Atlantic Ocean! But, more importantly, I hope my words got you thinking about list making.

I ended my previous blog, which was all about how successful you can be when you make lists, by asking the question, “How important is it to prioritize your list?”

Of course, the answer is that prioritizing your lists are absolutely critical, that is, if you want to do much bigger and better things!  However, most of us humans after we’ve made a list, will often make the mistake of NOT prioritizing the items on them. You may be thinking, “Hey, everybody knows you should prioritize!” And that may be true, but most people simply don’t do it, even if they know it’s very important!

I’m acquainted with many bright and intelligent people who treat virtually situation – every business deal, and every contact – equally. Ok, I’ve been guilty of doing that myself from time to time. People will even let a very low priority phone call or even a walk-in salesperson interrupt a high priority project or meeting that they are involved in. They have no sense of priority. They often move from one small, easy item to another small, easy item on their “to do list”, simply because they are easy and to get them out of the way.

Once in a while, if there is still time in the day, they’ll finally get to some important items, or even a top priority item. I’m sure most of us have done this, on occasion, but we need to realize that leaving our top priority items until later will hurt our progress and productivity to a large degree.

If we give it some advance thought and plan our day, we are more likely to stop ourselves from “taking the easy way” and not be oblivious to the great power of doing the top priority items first. Probably the biggest reason all of us can, and do, too often leave the top priority items until later is that those are usually very challenging and very difficult, and people just don’t want to push themselves. They do the easier, lower priority and only moderately important items first so they can check them off the list. I guess it makes them feel good or feel like they’re getting more done that way.

Have I taken the easy road myself?  Yes, of course I have. Most of us are very human in that way and we slip up once in a while. Sometimes we slip up more often than that. But by knowing that’s the wrong way to approach my list, I can concentrate on giving the top priority items a top priority position on my list which will help me reach great heights in my life.

If you dwell on this idea and acknowledge the fact that doing the easy things on your list first can keep you from accomplishing great things, you are much more likely to prioritize properly. And when you do slip up, and am totally aware of that slip up, you need to admit that to yourself and take corrective action. I am sure you can do this because I can and I’m pretty sure, you and I are not that different.

Life Changing Mornings

August 24, 2018 by  
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I just finished reading a great little book that my wife gave me titled, The Miracle Morning: The Not-so-Obvious Secret to Transform Your Life Before 8 A.M. In this very uplifting and motivating book, the author, Hal Elrod tells of how his life was dramatically lifted by setting an early morning schedule and routine. This was very difficult for him at first since he was defiantly not an early morning person, but as he says, “committing to my personal development in the morning … would give me a positive motivation to kick start my day.”

On that first morning he pulled out a list of what he considered life changing development activities that he had learned over the years but had not put into practice. “One by one, I implemented each one,” he writes. He had decided to use one hour each morning and spend 10 minutes for each item on his list.

Here are the 6 items that Hal thought were the most impactful for his life:

  • Silence – as in meditation where he would concentrate on his breathing for 10 minutes.
  • Reading – he grabbed the book Think and Grow Rich. (He had started reading it many times but never finished the book.)
  • Affirmations – he wrote down his list of self-affirmations including the things he wanted to become and what he was going to do to change his life.
  • Visualization – he created this after watching the movie The Secret (I have to watch that movie myself.)
  • Journaling – he had a journal but had not written in it for a long time, yet he found after writing a few things he was grateful for the way exercises her that motion creates emotion so drop down and did push-ups and insist for those 2 minutes of stopping by getting up one hour earlier as you normally do than you normally do and going through a routine it lifted his spirits.
  • Exercise – he had heard that “motion creates emotion” so he dropped down and did push-ups then sit-ups for those 10 minutes without stopping.

By getting up one hour earlier than you normally do and going through a routine, spending just 10 minutes on each item you set for yourself, you can change and enhance your life the way Hal Elrod has done. And Hal had some pretty huge setbacks when he was a young man. At age 20 he was hit head on by a drunk driver and was dead for 6 minutes. He suffered brain damage, 11 broken bones and was told that he would never walk again. He didn’t believe what he was being told and went on to defy the doctors, eventually running ultra-marathons, becoming a Hall of Fame Business achiever, and even recording as a hip-hop artist.

If someone like that created and is using the “Miracle Morning” technique, you know that the method is certain to create success. It did work for him and I think it can work for anyone who is willing to set up the schedule and go after what is important to them.

Ok, here’s a good way to start that will give you a little more direction and additional motivation to get out there and improve your life – go by Hal’s book! You won’t be sorry. https://www.amazon.com/Miracle-Morning-Not-So-Obvious-Guaranteed-Transform/dp/0979019710

Money Can Buy You Novelty

August 17, 2018 by  
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If you Google “Ignite My Life Now”, you will see “Investing in Real Estate” as part of the headline, so some people might wonder if this blog is about investing in real estate or igniting your life. I certainly believe that investing in real estate and making lots of money does not necessarily  ignite a person’s life, even if real estate investing yields millions and millions of dollars for that person. I clearly remember thinking, when I was young and didn’t have much money, that once I made a million dollars, my world would be perfect and I would be totally satisfied, content, and happy. I imagined that my life would be totally ignited.

However, when I arrived at my first million-dollar net worth goal, I was surprised and disappointed that I didn’t feel much better, so I figured I had to make another million or two, then I would be totally set in the departments of contentment, happiness and fulfillment. I was certain that my world would be pretty much ignited and perfect then. But surprise, surprise … when I arrived at my new goal my life still didn’t seem to be ignited.

I looked deeper and deeper to try to discover what the real key to fulfillment, contentment, and happiness in a person’s life was and whether money could play a part. As it turns out, there is a lot that goes into having a content, fulfilled, and happy life and, yes, money can be a part of that.

We all know that love and loving relationships with other people – a spouse, friends, children and others – lifts the happiness factor as does setting goals and reaching them. It also has been proven that unique and novel experiences can revitalize a person’s mind by boosting a brain chemical called dopamine, which makes you feel so very happy. But, what about money? What part can it play in lifting our contentment and happiness factors?

What I have found is that money by itself does not make a person much happier than when they did not have it. It can, however, buy more possibilities in a person’s world. You see, our brains want novelty and money can give you more time and resources to carefully and creatively design and go after these novel experiences. This is one of the best uses of your money.

I’ll never forget all the totally unique and novel experiences I had when my wife and I went around the world in 28 days, visiting dozens of new and different countries with so many totally different life styles, houses, huge castles, small villages and fascinating people of different cultures, religions and habits. On a smaller scale but also quite stimulating for the mind, is being in places like I am now.

As I write this blog I am sitting in a marvelous,  multi-story “cabin” in beautiful Big Sky, Montana, totally enjoying this very unique and novel place with most of my kids and grandkids. Ok, yes, I’m working, writing this blog as the some of the kids are running about, visiting Yellowstone, looking to go tubing, or taking the chairlift to the top of the mountain. But none of this would be happening if I hadn’t invested in the good ole real estate stuff and make some good money at it.

The big bonus to making money on my investments was that I really did enjoy the work and I got a ton of contentment along the way as I worked through each deal. I even broke a sweat back in the days when I did much of the hard labor to repair and fix houses and apartment buildings in order to increase their value. I’m not saying that I’ve always been perfectly happy and content, but I am saying that money has opened a much wider world for novel and unique experiences that have greatly enhanced and lifted my world.

Self-Interest That Helps the World

August 10, 2018 by  
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Last week I wrote about how giving to others can and does lift your life and brings more happiness, contentment, and even better health and a longer life. It must have motivated me to practice what I was preaching because later I found myself in my car driving to the high school that all my kids attended and going straight to the office where I made a pretty sizable donation. As I walked out of the building, I felt so good and happy in the center of my heart and brain that I headed for another school. I made a couple more donations that day and felt like I was on top of the world.

It’s very interesting that when I make donations, including all those $2 bills that I often give to kids, I always feel that I get much more out of it than the recipient. What a great feeling it gives me! As science has proved, there is a great connection between the brain and the body. This allows us humans to help and improve our entire physical being by what we run through our heads. Giving is one of those things that can set off a lot of good positive feelings in our bodies.

Most of us, when we talk about giving, tend to think primarily in terms of giving money. But there are so many other ways and things to give. With very little effort, I came up with this list of things we can give to others that can be a huge help to those people and, at the same time, can give a lift to our brains, souls, and bodies.

After you read through my list, see what other things you can think of that can be given to others. These gifts can be given to your kids, grand kids, other relatives, and friends as well as strangers. Then let’s all of us push ourselves to give more. Choose as many items on the list as you feel so inclined to give. Yes, we do need to push ourselves to do this especially on days we might be feeling a bit down. But on those down days it can be a great help to lift us up as we lift others.

Okay, let’s work on giving more of some or all of these:

  1. Money $$$
  2. Good Advice
  3. Direction/Coaching
  4. Mentoring
  5. Appreciation
  6. Encouragement
  7. Praise
  8. Complements
  9. Attention
  10. Friendship
  11. Wisdom
  12. Our time
  13. Help
  14. Service
  15. Love

I’m sure I left off many things that we can give to others but at least this is a start. This list has been motivating me to give more of these gifts to others and now my mind pops up with sayings like: “Give, Give, Give and Live, Live, Live. Give a little, live a little, give a lot, and live a lot. Give big and live big”. I know all this may sound kind of selfish, but maybe it’s a good thing that our brains are designed that way, because doesn’t that type of self-interest help the world?

 

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