The Five Reasons Holding You Back from Progress

Who says you’re not going fast enough? Have you been telling yourself you’re not achieving enough as you seem to be going so slowly? Maybe you feel frustrated because you’re not getting customers, clients, or property deals as fast as other people seem to?

There are often a few reasons why you might feel exacerbated by your apparent lack of progress and I thought I would share the most common ones. When you’ve made that amazing and courageous decision to break out of your current life and start investing in property, or start your own business, you’ll probably be hoping that just your excitement and nervous energy will bring progress! Sadly, it doesn’t. Well, not on a consistent basis. So what is slowing you down, and what can you do to overcome this feeling of frustration?

In the following list of five reasons you might recognise something that you’re doing or believing which resonates with you and which you need to work on first.

You hold the belief that there is an ideal speed at which your business or investing *should* be expanding. You are comparing yourself to that inner belief and find yourself falling short.
You are comparing yourself to other people without knowing the background, education or prior knowledge of those people. They may have a hidden unfair advantage. So the comparison is untrue and unfair.
Your business doesn’t exist in a vacuum. If you are also a parent, or currently employed, or in a relationship, or committed to other activities (hobbies, community activities, charitable work) this will have a big effect on how quickly you can accelerate your business.
You have unrealistic expectations of success. This is where having an expert or mentor who can help you ‘keep it real’ but still attain your stretch goals is crucial.
You don’t have a clear plan, with measurable actions and a focus on process.

You know you need to make some changes, so what can you do?

Create a plan that has clear activities that you plot immediately into your calendar. Focus on activities that produce a positive process that will become a habit. Link these clearly to your goals. Include activities related to the other areas of your life that are a priority. If you are really committed to this process, ask someone else for their feedback on your plan. That will make it much more real.
Find someone to whom you are accountable on a VERY regular basis – at least monthly and preferably weekly.
CUT OUT THE RUBBISH! Anything and everything that saps your energy, belief, focus, strength and courage – GET RID OF. Yes it’s dramatic and radical. But if you’re going to achieve what you want AND ensure your children still recognise you, you have to be radical.
Consistency. It’s better to do an hour a day consistently than plan to do 7 hours once a week, but inconsistently. If you plan your time (see point 1 above) you will be amazed how much you can get done simply by getting up one hour earlier per day. It creates momentum, scale and compounding. (Here’s a really useful site if you’d like to have accountability for when you work – check this out https://www.focusmate.com)
Energy management. ‘The world belongs to the energetic’ as Ralph Waldo Emerson once said. If you’re not getting a good night’s sleep, eating good nutrition and taking daily exercise you will not have the energy to manage your current lifestyle AND accelerate your business growth.
STOP comparing yourself to other people. Like a horse on parade day, you need to wear blinkers to shield yourself from what everyone is doing and how everyone else’s success appears.
Take one day at a time. Plan it carefully, leave some space for emergencies, focus on energy management and remember to breathe!

And finally, you need courage to start something new and carry it through to fruition. Whether that is a plan for financial freedom, doubling the profits of your business, creating a magical marriage, being the very best parent you can be (or all four)! Whatever your path is, dig deep to ensure that your direction is in line with the real you, for that will unleash your bravery. Sounds esoteric but unless you start to figure out who you are in this big wide world, you will never travel a path that is enjoyable and fulfilling. Ultimately that will shape your success as much as implementing the practical steps above.

Have courage, be brave and be bold. I look forward to seeing your accelerated progress!
To your growth

Wendy

What school didn’t teach you!

Was school this much fun?

When I was at secondary school it has to be said that if they’d done ‘A’ levels in Boys, Parties and Nightclubs, I would have got three A*s. Unfortunately they didn’t, so I didn’t get those results either. In fact I really spectacularly failed to achieve what I was capable of in the subjects I chose which were English, Biology and French.

Why was this? Well I wasn’t really interested in them. I had better things to do with my time! I saw little purpose in them long-term and they were mostly theoretical.

I think many people who become property investors have had similar experiences to me, and find themselves having a hard time breaking through the belief that they are not clever enough, not good enough or not talented enough to do property. I wrestled with that too. Until I realised that education in the property world is very different.

For a start it requires you to take RISKS. There is no certainty that you will get the outcome you want. In fact you need to have the mindset of growth and learning at all times to manage this fear of failure. Secondly it takes COURAGE – you  have to put your money, your time, even your reputation on the line. People may scoff, ridicule or undermine you and you have to find the courage to believe in yourself. Thirdly you have to take practical ACTION. Theory is all very well but until you put your learning on the line, you will never become a real investor.

In fact, in contrast to what you learn at school, property requires COLLABORATION not competition, and there are no tests to pass except the ones you set yourself. It is about intrinsic not external motivation, and there is no-one who will judge your achievements based on a set of rules. So that should make us all really motivated to do property right?!

WRONG! Because our ‘school mindset’ is so deeply embedded within us, it’s really hard to let go of it! Having the right mindset and the right skillset is VITAL so that you do not get upset (as one of my mentors once taught me).

I know that if you are interested in HMOs (Houses of Multiple Occupation) as a way of making £1000 profit per property per month, you will probably have lots of questions and rightly so! You need to be educated to make this strategy work for you. But you need to be educated RIGHT by someone who has done it and got the experience.

I started to invest in HMOs just over 5 years ago, and after just 2 and a half years set myself and my husband free from our day jobs! YAAY! We have over 100 HMO rooms now and it gives us the income to do what WE want with our time, not what someone else tells us to do!

Which is why on SATURDAY 21ST JULY IN LONDON I will be spending time on YOUR mindset AND your skillset! That’s if you will let me ….

www.hmoprofitsecrets.co.uk

is coming to LONDON on 21st July. The workshop is completely FREE to attend and you can choose a morning or an afternoon session.

Not only will you learn exactly how to invest in HMOs – how to find them, plan them out and make them work efficiently, you will also learn how to have the right MINDSET to attract investors, to grow your business and to become financially free.

BOOK HERE!

If you are SCARED, SLOW OR STUCK then you need this event to help you become BRISK, BOLD AND BRAVE!

I look forward to seeing you there – tickets are limited so please make sure you reserve your space immediately to ensure you get a seat!

To your HMO success

Wendy

Feeling SLOW, STUCK or SCARED ?

If you are feeling like you are going really slowly in your business, or maybe your property portfolio is just not taking off as you wanted it to, or perhaps other areas of your life feel like they are dragging the very life and soul out of you, I’d like to give you some help. I can understand the frustration and energy-sapping feeling that you *could* go so much faster, if a certain problem wasn’t in your way or such-and-such a thing worked better. Know what I mean? Internally we often blame other people, our circumstances or our background. But actually the reason we are going slowly is down to our own perceptions and thoughts, not because of THINGS or PEOPLE or CIRCUMSTANCES.

How can you regain momentum and pace if you feel you are going just TOO slowly?

  1. Write down the 5 steps (or more) that you need to do to make your goal a reality. If it’s to become financially free, then write down the incremental steps that will get you there, and focus on each one, one at a time. Don’t fall into the temptation of looking too far ahead, or dreaming about how it will feel when you get all the five steps completed. Simply work at each step one at a time, do what’s needed to complete that step,  and lo and behold, financial freedom will follow.
  2. Say NO to everything that is not vital for the achievement of your goals. Be RADICAL MAN! DELETE everything in your diary that doesn’t contribute to to a step in the plan to achieve what you want to do. Your daily habits, tasks, behaviours sow seeds in all areas of your life. If those activities are not helping you make DAILY progress towards your goals let them go. You need to commit to an additional 35% of your time per week to get your business from tickover to take off. If you don’t say no to current things, where are you gonna find the time to insert new, important things into your life?
  3. Carve out the time to make what you wanna happen, happen. It won’t happen by magic. You have to decide how much time to give it, write it down and DO It. If it means getting up an hour earlier, going to bed an hour later or ditching TV twice a week – make time – carve this out, and within a fortnight you will start to see a massive difference in your pace.

Finally, I believe that speaking out your goals and declaring them to the world will affirm your message and your mission like nothing else will! Shout it out! Tell the world what you’re gonna be and do. Get behind your own message with powerful words and affirmations and the  momentum will accelerate exponentially!

Stuck

If you’re stuck you simply do not know where to turn or what to do. The first piece of advice I’d give is that LISTENING to others is the key to unlocking being stuck.

 

  1. Talk to 20 people who are doing or have done what you are trying to do and get their advice and guidance. Listen with humility and gratitude. Hear what other people say, listen and listen again.  Record the conversation – listen to yourself and listen to others, and KEEP LISTENING.
  2. Try some brand new education such as investing in some quality coaching, an online learning programme, or some relevant mentoring.
  3. In my experience being stuck is caused by refusal to take a risk. What are you running away from? What area of your life do you need to stop ignoring and start paying attention to? Where are you fleeing the fear?

Scared

Feeling scared when trying something new is a perfectly normal reaction! It is nature’s way of protecting us from harm.  But when fear makes you scared to do take action, you need to address it fast. FEAR stands for False Expectations Appearing Real. In our minds we tend to exaggerate worst-possible outcomes in order to prepare our minds for action. Mostly this just causes procrastination, doubt and more fear!

Three suggestions to overcome fear:

  1. Read ‘Feal the Fear and Do it Anyway’ By Susan Jeffers – a great little book with reasons why we fear and the practices we can habitualise to overcome our fear.
  2. Write down 50 reasons why you need to do the very thing you are fearful of.
  3. Write down all the reasons your fear will HELP you. Will it make you more alert to danger, will it help you determine project risks, will it make you create a Plan B in case things go wrong? Make fear your friend, not your enemy and use its power to help you overcome your challenges.

Fear is feelings based. So to overcome it we can look deep within ourselves to understand why am I feeling this way, or to ask ourselves when have I felt this way before, and how can I change my feelings about this thing.

Slow – SHOUT IT OUT AND AFFIRM YOUR LIFE

Stuck – LISTEN TO OTHERS AND TAKE A RISK

Scared – FEEL THE FEELING AND MAKE IT YOUR FRIEND.

37258529 – woman is feeling confusion and chaos. indecisive, disoriented and bewildered woman with headache over decision making.

Let me know how you get on applying these lessons!

 

To your growth

Wendy

wendywl.uk

For a FREE 30 minute call with Wendy to help unblock your progress – simply book a session here https://10to8.com/book/fwfozt-free/

 

52 Week Video Series – Week 5 – The Four Ps!

Do you REALLY know how to make customers return to you time and again? What are the four Ps that make them use YOUR services/ and business more than anyone else’s?

 

 

 

I look forward to hearing how you get on increasing your business by using these four Ps!

Goals, Plans and Exponential Growth!

However BIG our goals are, if we don’t have a plan to achieve them, it is highly unlikely we’ll succeed. And if we don’t persist in them, we’ll never reap the rewards of our early investment.plan

I would like to share with you some thoughts and reflections I have had on WHY we don’t achieve our goals and HOW to ensure we do.

 

  • Know your reason WHY.

You decided have decided to invest in property to succeed! To create £5k, £10k or even more in passive income per month. Maybe so you could replace your job, your partner’s job, or to give yourself another income stream. It might have been to provide income for your retirement, or capital for your children’s future. Do you know what it is, and have you set this out where you can see it daily? What about a vision board to remind you of your reasons why?

  • Set a MEASURABLE income figure as your initial goal.

Whatever your reason WHY, you will have set yourself a goal in terms of a monthly FIGURE to achieve. This is the first obstacle to achievement that I see with a lot of people. They don’t set a NET INCOME figure that is easy to measure. Unless you set a goal that is CLEAR and measurable, how do you know if (and when) you have achieved it? If you don’t already track your net income, this needs to be one of your first actions to complete.

  • Set yourself a deadline to get to your first goal.

With no fixed income goal and no deadline, there is no point just being ACTIVE. Some people confuse ACTION with ACHIEVEMENT. Yes, you need to take massive action, but not if that is chasing your tail doing things that waste your time and are irrelevant to your goal. What are the key activities that will make you the most money in the shortest amount of time? Answer this question with truth and honesty and you are on the first very big step to making a shed more money immediately!

  • ASSESS where you are now and how far away you are from your goal.

If you’re currently achieving £1000 per month in passive income from property, and you want to get to £5k per month, the next step to identify is to agree how long you are going to give yourself to achieve another £4k per month.. This is often the hardest step to estimate as it may have taken you many years to get to £1000 net profit per month. Getting 5 times that amount may seem insurmountable! However, if you persist in taking action, and keep pushing forward you’ll experience EXPONENTIAL growth.

  • Write out a PLAN of action.

HOW will you achieve your goal of an additional £4k per month – will it be by doing 4 HMOs each giving you £1k. Or 10 mini HMOs giving you £500 per month (or maybe a Joint Venture with another investor). What will you do each month? What will you do each week? What will you do each day? I use the Darren Hardy materials to keep me clear and focused. However, I limit myself to focusing on three goals at a time which makes me much more focused and much more accountable! Ensure that your actions relate to your goals and stay focused on achieving them.

  • Remember the law of exponential growth.

Exponential growth is one of the most powerful principles in the universe. Having an intimate understanding of how it works can make you a master of money and success. On the most basic level, the principle states that the bigger something is, the faster it grows. So as you get bigger, the faster you will be able to implement and grow.

  • Stay accountable.

I recommend the Darren Hardy plan as an excellent tool for tracking your activity and progress. Only by doing this regularly, with discipline and focus will you get to your goal. I believe YOU can do it. But you need to believe that too, really believe it. For only then will you take the massive steps needed to achieve it.

 

To your growth!

52-week video series – Week 2 Planning – Fail to plan, plan to fail!

Welcome to week 2 of my video series! (Watch week 1 HERE.)

This video addresses the subject of planning!! Watch now for hints and tips on how to plan for success in the year ahead!

 

 

Not the most exciting of subjects but it’s a must for a successful business! Share how you plan for success below!

Foundations for success!

Like buildings, your business is built on foundations. If these are solid and continue to be solid, you can grow a phenomenal business. If they are not and always a bit shaky, you will never be able to build a sustainable and developing business that produces regular income and long-term wealth. I have been really trying to ascertain what attributes have made a difference in my life (and I am far from perfect as you know) and also what I see around me in my network of successful entrepreneurs. What makes them different? What makes them standout?

Life and Business Success

I believe there are four corners of personal, business and life success. They form the foundations for your life AND business. If you make these four your cornerstones and remind yourself of them every day you will make wise decisions, good choices, have high energy and be able to do all you set out to.

 

Here they are:

1) Personal responsibility. If you do not take FULL and COMPLETE personal responsibility for everything that you do (in the past, in the present and in the future) then you will always BLAME others for your failures, and fail to take action in the areas that will become great habits for your growth. You MUST absolutely MUST realise that YOU are the key to your own success – nobody else. You may need to forgive and let go, you may need to STOP unhealthy thought patterns about others. Don’t compare yourself to others – recognise you are responsible for yourself and yourself alone. Be excellent in who YOU are.

 

2) Focus. Follow One Course Until Successful. Don’t give up until you have achieved your goal. Perseverance and persistence are central to the behaviour and thinking of anyone who grew a successful business. This requires commitment and discipline. Saying NO to distractions and areas that draw you away from your core values.

 

3) Control. You need to learn to control your emotions primarily so that you can create control and balance in your business and also in your life. Don’t let your inner chimp ruin your life (For more on this read Steve Peter’s ‘The Chimp Paradox’). If you allow fear, worry, anxiety, excitement, passion or elation to be in control, you will not be able to make sensible decisions that rely on logic and sound principles. A good rule of thumb is to wait 24 hours before you buy anything that you REALLY want. So that you can sleep on it and think about whether this purchase is really right for you. If you make purchases based on emotion, you will find that you won’t have enough money to invest with and lengthen the time that you become financially free.

 

4) Vision. What is the vision – the REAL vision you want for your life? Do you really want financial freedom? Or do you really want just to spend, spend, spend? (The two are quite different). You may want an opulent lifestyle which is fine, but are you prepared to be frugal in the meantime, invest and wait, be patient before you achieve financial freedom? Are you really prepared to SLOG to make it happen, or do you ideally want an easy life? The two are not compatible. Your EGO is incompatible with your GROWTH. Your ego will tell you to do one thing, which may actually work against your long-term wellbeing.

 

To identify your values a book I recommend is ‘The Values Factor’ by John DiMartini. If you are interested in learning more about how your ego works against you, try ‘A New Earth’ by Eckhart Tolle.

 

I’d love to know what you make of these four foundations – do they ring true in your life?

What has helped you the most to get to where you are today?