F.E.A.R. In Real Estate Business & Life

fear real estate business in lifeHave you ever encountered FEAR in real estate business and life in general?

How does our brain create fear? What makes us afraid? Snakes, the dark, rejection, love, spiders, the unknown, public speaking, your first listing presentation as a new Realtor© flying, storms, failure — though the reasons are varied, we are all hardwired to feel fear. Or are we?

What about people who never seem to be afraid?

Or the small percentage of the population that literally cannot feel fear? Why are there kids completely unafraid of taking risks and then others who seem afraid of everything?

Fear’s purpose is to keep us from harm, but what if it holds us back from what we really want?

Fear, like many other human emotions such as happiness, excitement, or frustration, plays a significant role in our work lives. Whether it be the fear of financial hardship, a future pitch or a merger/acquisition, leaders often find themselves in the crosshairs of trepidation. While fear generally carries an ominous undertone, that’s not always the case in business. Fear usually represents an inflection point that has the potential to catapult a business to the next level.

But, as leaders, how can we harness it wisely? How can we inspire our teams to overcome valid anxiety at a certain juncture? The point is not to feign fearlessness but instead to use fear as a motivation. Recognize that fear is ever-changing. For instance, what was scary a year ago might not be as scary today; take some solace in this. Train yourself to work on something until it’s no longer as frightening, then go on to conquer a new challenge. Here are three tactical ways fear can help your business.

When you sense fear, remind yourself that you’re likely during a defining moment. It’s in these moments that you can step up and truly serve those who work for you. As a CEO, your people will—either knowingly or unknowingly—take cues from you.

Therefore, how you react, communicate, and navigate a crisis (or even difficult decision) will ultimately set the tone for the rest of your organization. Take advantage of ambiguity. Business comes with inherent uncertainty, and this unknown typically triggers fears for most individuals.

If the past two years have taught us anything, it’s that we will likely never have all the answers required to solve a business problem or make an important decision. Try to reframe the ambiguity and, by extension, the fear that comes with it as an opportunity to triumph and ultimately prevail. Don’t let the fear of failure prevent you from pursuing your goals and ambitions.

Having a pulse on the competitive landscape your business operates within is paramount. In a lot of ways, the unknowns that your business faces are like those of your competitors. Some leaders might avoid fearsome decisions, which is understandable. If you train yourself, however, to navigate fear well, you can strategically seek out opportunities that only the brave is willing to explore. Perform your due diligence, accept the associated risk, then jump.

If you succumb to the fear of failure, in many ways, you’ve already lost. Don’t allow yourself to be paralyzed by negative thoughts. Data from the U.S. Bureau of Labor Statistics indicates that approximately 20% of new businesses fail during the first year of being open, roughly half during the first five years and about 65% during the first 10 years. I think it’s safe to say that the fear business owners feel is valid. But in the end, the goal isn’t to become impervious to fear but to be able to succeed despite it.

You need to use fear, otherwise it uses you. Remember, bravery isn’t being fearless and unafraid; it’s being fearful and doing something anyway. Ways to use fear include figuring out what your fear tells you about your current situation and what it can teach you.

One way people handle their fear is to push themselves to face extremes, whether climbing mountains or walking over coals. Just take the fire walk at Tony Robbins UPW event I attended years ago. Instead of letting fear win, people lean into their fear and find they can achieve anything they put their minds to.

As a 51-year-old firewalker, you must mentally prepare for the experience, “otherwise you surrender to the fear and that will conquer other parts of your life.” Fire walking made him feel like “Superman”; “It had nothing to do with my feet but was about following through on a promise.” No matter your age, you’ll never overcome a fear holding you back by walking away from it. Take courage and focus on what the fear will bring your way and you’ll be truly unstoppable.

Strength and courage,
Wade

FEAR – False – Evidence – Appearing – Real

realtor fearFear of failure, fear of rejection or fear that we’re just not enough – fear is a common current as Realtors© or just people in general, that runs through all of our lives. And if we let it, fear can keep us locked up in the prison of the comfortable and predictable, which prevents us from reaching our true potential. Living in fear causes a double conundrum where you’re unfulfilled with the status quo yet afraid to pursue anything better. But there is also a way that fear can serve a valuable purpose, helping us break through the frustration to achieve the life we truly desire. That’s right – if you allow it to, fear can become a tool for finding fulfillment. Discover how to stop living in fear – or better yet, how to use fear as your ultimate inspiration.

THE TYPES OF FEAR

To stop living in fear, you must understand the underlying psychology so that you can actively work against it. To a point, fear and anxiety have a place in healthy human psychology. Acute fear is a normal emotion that signals a potential threat to your physical or emotional safety. If you’re ever in an accident, feel you’re being followed or experience some other immediate threat, you’ll notice your blood starts pumping faster. Adrenaline shoots through your veins. You have a heightened awareness that allows you to take fast action in order to save yourself or others. Acute fear is a natural response that helped our ancestors survive. There is another type of fear that occurs when the acute fear response becomes hyper-sensitive. It’s called chronic fear or indirect fear, and it occurs when we are continually exposed to low-level yet stressful events. We might watch a lot of news about war, political divisions or the latest disease discoveries, causing us to irrationally anticipate negative events. Unlike acute fear, chronic fear can lower our natural life-saving response and cause us to believe we need to be “saved” by an outside force.

WHY AM I LIVING IN FEAR?

According to research from Harvard, just over 19% of the total population has experienced an anxiety disorder in the previous 12 months. They’re some of the most common psychological issues in the U.S. In the modern world, it’s typically chronic fear that causes our deep-seated anxiety issues, and everything from the media to caffeine has been blamed. But living in a state of blame has never helped anyone solve their problems. It’s time to take ownership of your emotions and transform your life. So, what’s the best way to deal with fear? You must learn to dance with it. In the video below, Tony reveals how to use fear to your advantage — instead of letting it use you.

SIGNS YOU’RE LIVING IN FEAR

Would you believe that many people go through life without realizing they’re living in fear? That’s because fear is often confused with comfort – we become comfortable with our lives, and we think that we are happy and fulfilled. Certainty is one of our Six Human Needs, but when we become too comfortable, it starts to hold us back. Here are a few signs you are living in fear:

Perfectionism. The need to be perfect is a mask we wear to protect ourselves from finding true intimacy and connection. As Tony says, it’s also the lowest standard in the world, because it is impossible to achieve.

Settling. On the other hand, settling for less than you deserve is a powerful indicator you’re letting your need for certainty run your life. If you don’t have an extraordinary, passionate relationship and a job you absolutely love, you’re living in fear.

Procrastination. Always putting your goals off until “tomorrow” or “when I have more time” is a classic delay tactic of those who are living in fear. It’s time to stop making excuses and start achieving your dreams.

Numbing yourself. When you’re living in a beautiful state, you don’t need drugs or alcohol to enjoy your life. You’re open to the world, you’re the master of your emotions and you feel pure joy each and every day.

HOW TO STOP LIVING IN FEAR

With chronic fear, you’re not experiencing anxiety – you’re living in it. The fear response becomes a maladaptive lifestyle, influencing everything you think, feel and do. Fear keeps you stuck in a self-perpetuating cycle of defeat and frustration. The upside to fear is that the emotions surrounding it are usually so unpleasant that they drive you to find another way. Don’t let fear control you. There are many strategies for how to stop living in fear, from self-care to exercise to seeking professional help. When you commit to facing your fears, you’re able to discover strategies to overcome them and find peace.

1. DETERMINE THE SOURCE OF YOUR ANXIETY

If you’re living in fear, your anxieties have escalated to the point that they’re running the show. You’re thinking about your worries constantly without much mindfulness as to what’s behind them. To stop living in fear, you must pinpoint what’s causing your distress. Get out a piece of paper and brainstorm a list. When you’re finished, circle the items that are tangible concerns – fears that your house will burn down, your kids will go missing or you’ll lose your job tomorrow. Start giving yourself a sense of control by writing a few actions you can take to prevent these things from happening. Also recognize the intangible concerns – fears of the apocalypse, alien invasion from Mars or worldwide economic collapse. You’ll see that these have very little chance of happening – but you’ll also see that these fears often have deeper roots. If your fears fall into this category, you’ll need to do some self-reflection to discover how to stop living in fear.

2. RECOGNIZE THAT LIFE HAPPENS FOR YOU

“Life doesn’t happen to you, it happens for you,” as Tony Robbins says. Truly understanding and accepting this concept is the first step to fulfillment. When you put an end to the blame game and start becoming the master of your own destiny, endless possibilities open up to you. And when you see the world as a place of opportunity, not obstacles, you don’t let fear control you. The reason for determining the source of your anxiety isn’t to give you an excuse to keep living in fear. It’s to help you assert power over those fears so that they no longer control you. Once you identify the source, you can change your story – and change your mindset. The first step is recognizing that you have a choice. You can blame outside forces for your emotions and continue to feel out of control. Or you can take charge of your life and learn how to stop living in fear.

3. STOP THE EXCUSES

Like blame, excuses are a defense mechanism we use to avoid facing our problems. It’s easy to push our hopes, desires and dreams aside when we have excuses: There’s just not enough time, I don’t have the money or the resources, I have a family, I’m too busy. And we start to hide behind those excuses instead of taking action to move forward. Excuses are comforting when we’re living in fear. They’re safe. But excuses will also bring you back to exactly where you started. Remember that the next time an excuse floats into your mind. Are you truly where you want to be in life? Or are you falling back on fear and choosing to be comfortable instead of facing a challenge? By becoming more cognizant of your brain’s proclivity for using excuses so you won’t be held accountable, the better you will become at dismissing them.

4. TURN YOUR “SHOULDS” INTO “MUSTS”

In your mind, if you have no choice but to succeed – if achieving your goal is an absolute must – then nothing else matters. Sacrifices won’t even be a question. Excuses go out the window. You’ll do whatever it takes to make it happen. Period. Even the most successful people feel like they’re living in fear sometimes. The difference is that rather than allowing fear to creep in and suck the life right out of their dreams, they know that the price they will pay if they don’t give their goals and visions every ounce of energy and focus they have is far scarier. They know the real fear is living a life where they have settled or compromised what they really wanted. How do you adopt that mindset and perspective? Imagine yourself at 80 years old, nearing the end of your life. You are sitting in your rocking chair, reflecting on how you lived your life. Now, look back on your life as if you had not achieved the goal you are after at this moment. How has this affected the course of your life? What are your regrets? What do you wish you had made more time for? What do you wish you had attempted? Is there sadness and regret? Are you wondering, “What if. . .?” In this way, you can use fear to propel you toward your ultimate goal.

5. ADOPT A GROWTH MINDSET

People often give up on what they want because they believe that reaching their goal is beyond their abilities. They continue living in fear and settle into their lives, thinking that their goal is unattainable so they don’t even bother. But the most successful people foster a growth mindset. They don’t think of their abilities as fixed, but rather as flexible. And when faced with a setback, they work harder. They adopt a new strategy. They keep seeking a solution. They don’t give up when things become challenging. Instead, they find new ways to adapt and work harder to achieve their goals.

6. LEARN THAT PAIN BRINGS VALUABLE INSIGHT

There isn’t one successful person in the world who hasn’t had to overcome major obstacles. The most painful experiences can help refine what you want and what you don’t want in life. Failure, disappointment, dead-ends – these can all be used as a means of reflecting and saying, “This didn’t work. It wasn’t the right fit. So what do I really want?” Remember, we are built to adapt. So embrace your inner strength and use each experience as a tool to help you learn more about yourself and what you really must have in life. When you’re facing a painful experience or feel ready to give into fear, picture someone you admire who faced adversity – they wouldn’t have achieved the success they now have without learning how to stop living in fear.

7. PRACTICE SELF-CARE

Mastering your emotions and changing your mindset is psychological – but would you be surprised to learn that the psychological is also physical? Next time you feel like you’re living in fear, change your posture and adopt a “power pose.” It can make you feel more confident and less fearful. Other self-care habits have an effect on your state as well. Physical activity is proven to reduce depression and anxiety, so next time you feel fear coming on, get out and go for a walk, practice yoga or take a bike ride. Mindfulness meditation is also proven to combat anxiety and depression and even lower blood pressure. Eliminating caffeine and alcohol from your diet is another self-care tip that’s essential to lowering anxious feelings. When you combine physical and psychological self-care, you have the recipe for how to stop living in fear.

8. ADOPT AN ABUNDANCE MINDSET

Fear cannot coexist with positive emotions. You cannot feel both scared and joyful, or afraid and peaceful. You can’t feel fear and gratitude at the same time, either – but you can replace one with the other. When you are grateful, fear disappears and abundance appears. You shift your focus from the negative to the positive. Where focus goes, energy flows, so when you change your mindset in this way, you find that you naturally bring more positivity – and less fear – into your life. Adopting an abundance mindset is key to unlocking how to stop living in fear. You can do this by keeping a gratitude journal, practicing priming or meditation, using visualization, coming up with empowering incantations and more. Next time you’re anxious or afraid, you’ll have a powerful toolbox that you can access to overcome those emotions.

9. BE FULLY PRESENT

When we’re living in fear, we’re often also living in either the past or the future. We let our past mistakes haunt us and affect our future decisions. We live in so much fear of what could happen that we forget to enjoy what is happening. As Tony tells us, “The past does not equal the future unless you live there.” In today’s super-connected world, it’s easier than ever to live in the past – reconnecting with toxic people and reminiscing about old relationships. When surfing the Internet, it’s easy to get caught in fantasizing about your next relationship or vacation plans that will never manifest. Stop missing your life. Put your phone down. Step away from the computer. Take up a new sport or game. Meet people in the here and now. Start living instead of worrying.

10. KNOW THAT FAILURE IS INEVITABLE

After all this work, you still need to accept one truth: You will fail. It’s just part of the process. Any successful person will tell you that. Failure provides insights and inherently corrects the faulty ways of approaching a problem. There is no teacher as impactful as the sting of failure and no lesson in resilience better than the burn of rejection. If you use these experiences as unique information, and adjust your strategy and approach the next time around, you will have an advantage that no one else does. With the right mindset you can change your story and say goodbye to living in fear. If you’re ready to learn how to stop living in fear, you have to decide that your dreams are more important than your fear of failure. Make the decision today to master your fears and start existing as the most joyful, successful version of yourself possible.

Strength and courage,
Wade

Are You Battling With Self Doubt?

realtor battling with self doubtHave you ever felt like you weren’t enough? That no matter how hard you tried, you couldn’t silence the negative self-talk that stops you from chasing your dreams and your goals for your real estate career? You might experience imposter syndrome, a nagging feeling that makes you doubt your abilities. Escaping that mind state isn’t easy, but millions of people have done it—and so can you. It starts with identifying who you want to be and letting go of the perfectionism crippling your journey in real estate. I personally struggle with self-doubt and feeling like I am enough more than I would like to accept or admit it. What I have learned from this feeling is we don’t reach success or our full potential until we become the hero of our own life! This week I want to share a few tips to help us all including myself battle the self-doubt, self-worth battle in us all.

 

1. Envision your best self. – All personal growth in ourselves starts with one question “What does my best, most powerful self, look like?” It’s a challenging question because you can’t use someone else as a reference point. It’s not as simple as responding, “I want to be exactly like my mentor or an entrepreneur on the Forbes 30 Under 30 list.” Upgrading your life is a deeply personal task. Every little tweak should be intentional enough to move you in the right direction. Instead of modeling your life after someone else’s, identify what makes other people successful. Is it their confidence that propels them forward? Do they have more discipline than the average person? Whatever those superpowers are, write them down. Keep the list close by so that each day you can work on adopting those traits. In the meantime, be patient with yourself. It can take years to identify all the changes you need to make and master new habits. No matter what happens, know that each failure—and they’re bound to happen—isn’t the end of the world. You still have time to correct those mistakes and get better each day. Even if you want to be a nicer person—let’s just say that to keep it easy—you don’t wake up, and all of a sudden, you’re nicer. It takes time, effort and energy from repetitiveness to become that.

 

2. Stop chasing perfection. – Did you know that perfectionism has more to do with ego than wanting everything to be perfect? Most people know that life has its flaws. But the ego has a self-serving agenda and tries to convince us otherwise. It pushes us to believe that if we try a little harder, everything can be perfect. It’s impossible to grow with this mindset, especially when you’re facing self-doubt. The good news is you can beat perfectionism with flexibility. When facing a difficult challenge, reframing the situation stirs those rigid, unproductive thoughts. I [went] from spending two days feeling bad about myself, letting a negative voice come in and hold me back, to the point where now, in real-time, I can say, “ How do I want to respond to this based on the person I want to be?” Here are four steps to reach that point:

  • Get comfortable being uncomfortable. Real growth happens when you’re pushed outside of your comfort zone.
  • Have a learner’s mindset. Take some pressure off of yourself by admitting that you don’t have all the answers. If you’re feeling like an imposter in a room of experts, ask questions. Give yourself permission to grow.
  • Don’t create deadlines for your growth. Becoming your best self doesn’t need to happen by a specific date.
  • It’s a lifelong process, so focus on the journey, not the destination.

 

3. Manage your emotions. – Before you get stuck in feelings of self-doubt, try to regulate those emotions. Ask yourself one question: “What are the things I need to do right now to show up? That could mean you speaking up in meetings, even when you are immobilized by fear. I found being in those meetings extremely detrimental to my self-esteem…. You’re in a room full of people, and you have no idea what they’re talking about, and I felt bad about myself. Then I said, Ok, you have a choice. You can keep coming into this room feeling bad about yourself, you can stop coming into this room or you can admit that they’ve got 15 years on you, and now you can start putting your head down and learning instead of focusing on the emotion you feel badly about. Another part of emotional regulation is taking care of yourself. No matter how busy you are as an entrepreneur, eating well and exercising are two ways to stay in control of your emotions. It’s hard to make good decisions when tired or hungry, so creating healthy routines is vital. I lift weights with my trainer (after resting well), and do my best to be mindful of how certain foods affect my body. Everyone has different needs, though. Be sure to learn your body so you can have an emotionally successful day, stay in control and slowly conquer the self-doubt that’s holding you back and know you are not alone.

 

Strength and courage,
Wade

5 Ways Fear Can Motivate You

fear motivate you as a realtorBefore I was in real estate I was traveling all over the prairies for the summer as a college student selling encyclopedias door to door to pay for my music degree. Every day I would have to psyche ourselves up to start knocking on doors at 3pm until 10 pm and try finding someone who wanted to buy a set of encyclopedias for $1,999.99 a set. The thoughts that ran through my head before heading out were so powerful. Thoughts like the fear of failure, fear of rejection, fear that I wasn’t enough — fear is a common current that runs through all of our lives. And if we let it, fear can keep us locked up in the prison of the comfortable and predictable.

But there is also a way fear can serve a valuable purpose, helping us break through the frustration to achieve the life we truly desire. That’s right — if you allow it to, fear can become your ultimate motivator.

In your mind, if you have no choice but to succeed — if achieving your goal is an absolute must — then nothing else matters. Sacrifices won’t even be a question. Excuses go out the window. You’ll do whatever it takes to make it happen. Period. In my mind I believed these education materials “encyclopedias” would better their children and families lives and help them grow themselves and in turn grow their incomes.

I always knew I am one more “No” closer until I hear a yes. Full disclosure “I was selling before the internet even existed!” This is how some of the most successful people leverage fear in their lives. Rather than allowing fear to creep in and suck the life right out of their dreams, they know the real fear is the price they will pay if they don’t give their goals and visions every ounce of energy and focus they have. They know the real fear is living a life where they have settled or compromised on what they really wanted.

How do you adopt this mindset and perspective? How do you live a life where fear becomes your ally, not your enemy?

Here are 5 tips to stop letting fear control your happiness and to start leveraging fear to your advantage:

1. DETERMINE IF YOUR GOAL IS A “MUST”

Ask yourself what it will cost you if you do not push past your fear. This will help you discover whether or not achieving a specific goal is a “must” and not just a “should.”

Sound confusing? Try imagining yourself when you are 80 years old, nearing the end of your life. You are sitting in your rocking chair, reflecting on how you lived your life. Now, look back on your life as if you had not achieved the goal you are after at this moment in your life. How has this affected the course of your life? What are your regrets? What do you wish you had made more time for? What do you wish you had tried? Is there sadness and regret? Are you wondering, “what if…?”

2. RECOGNIZE THE EXCUSES

It’s easy to push our hopes, desires and dreams aside. We make excuses: there’s just not enough time, I don’t have the money or the resources, I have a family, I’m just too busy. And we start to hide behind those excuses. Because they’re comforting. They’re safe. But excuses will also bring you back to exactly where you started. So remember that the next time an excuse floats into your mind. By becoming more cognizant of your brain’s proclivity for using excuses so you won’t be held accountable, the better you will become at dismissing them.

3. ADOPT A GROWTH MINDSET

People often give up on what they want because they believe reaching their goal is beyond their abilities. But the most successful people foster a growth mindset. They don’t think of their abilities as fixed, but rather as flexible. And when faced with a setback, they try harder. They adopt a new strategy. They keep seeking a solution.

4. PAIN BRINGS VALUABLE INSIGHT

The most painful experiences can help refine what you want, and what you don’t want in life. Failure, disappointment, dead-ends — these can all be used as a means of reflecting and saying, “this didn’t work. It wasn’t the right fit. So what do I really want?” Remember, we are built to adapt. So embrace this strength and use each experience as a tool to help you learn more about yourself and what you really must have in life.

5. KNOW THAT FAILURE IS INEVITABLE

You will fail. It’s just part of the process. Any successful person will tell you that. But failure offers insights and inherently corrects the faulty ways of approaching a problem. There is no teacher as impactful as the sting of failure. And no lesson in resilience better than the burn of rejection. But if you use these experiences as unique information, and adjust your strategy and approach the next time around, you will have an advantage no one else does.

Dealing with our own fears is something very real and something we all have to face. Choose to embrace your fears and begin to feed off your fears and propel you into a better you, business and life in 2018!!

Strength and courage,
Wade

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