Ever felt discouraged by setbacks and mistakes? In this episode, I sit down with a student Cameron Sustar who after trying to buy a deal from another student faced significant challenges, including a botched negotiation that cost him a deal and led to months of inaction.
Despite feeling disheartened and distracted, Cameron learned from his mistakes and persisted. We dive into actionable steps to get out there, take control, and find success in real estate. Listen in to discover how to navigate the ups and downs, stay consistent, and turn setbacks into stepping stones toward financial and time freedom.
Key Takeaways:
- Embrace Setbacks: Cameron’s journey emphasizes that failures are a part of the process. Instead of giving up, use setbacks as learning opportunities to improve your strategies.
- Consistent Action: The key to success is consistent action. Despite his initial failure, Cameron kept pushing forward, which eventually led to his first deal.
- Learn While Doing: The best way to learn is by taking action. Implementing what you learn in real-world situations accelerates your growth and understanding.
- Importance of Negotiation Skills: Effective negotiation is crucial. Cameron’s initial failure in negotiation taught him valuable lessons that he applied to succeed in subsequent deals.
- Focus on Finding Deals: The core of real estate success lies in finding distressed properties. All other activities should support this primary goal.
- Avoid Distractions: Stay focused on activities that directly contribute to finding deals. Avoid getting sidetracked by tasks that don’t generate immediate revenue.
Resources:
- Deal Machine (Discount code PIN)
- $40k in 40 Days Challenge
- Driving For Dollars Mastery
- FREE TRAININGS – Get Started in Creative Real Estate