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In this podcast episode, Kevin explains why the main reason that people don't create life changing recurring income from property is not a lack of education, it is actually a lack of motivation to succeed. Yes, property investment education is important, because you don't know what you don't know, but even with that education some people do not go ahead and implement it! The people who implement it are the ones who want it the most because they have discovered their why!
This episode will help people who are struggling with the importance of identifying their why.
KEY TAKEAWAYS
Most people, including high earners, are trapped in stressful jobs that leave them with not enough time freedom to enjoy life and take care of family and friends.
Creating a recurring income from property is an effective way to create time freedom.
Quality of life is more important than money, so be prepared to earn less for a while to set up a recurring income you can live comfortably on.
Many people who have property investment education do not go on to implement it – that is down to mindset.
People that don´t succeed are usually just not motivated enough. They do not have a strong enough why.
Ask yourself what you really want to do with your time? Who do you want to be spending time with?
Create a vision wall to help you to focus on what you want in life.
Use images of the things you want as screensavers. It is an effective way to remind yourself of you why.
Don´t let others stop you. People around you will make negative comments about what you are doing. Learn to ignore those.
Educating yourself about how to create a reoccurring income from property is only the first step. You also need to take action.
BEST MOMENTS
‘You need to learn to motivate and leverage yourself effectively.’
‘Have you been working hard for yourself? Or have you been working hard to put money in somebody´s pocket? ‘
‘Even people with the right education don´t necessarily go on to implement it... I believe that´s down to mindset. ‘
VALUABLE RESOURCES
The Serviced Accommodation Property Podcast
https://propertysoldier.co.uk/
Rich Dad, Poor Dad by Robert T Kiyosaki
Serviced Accommodation Success by Kevin Poneskis
ABOUT THE HOST
Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans.
Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years.
CONTACT METHOD
https://en-gb.facebook.com/propertysoldier/
[email protected]
