TRANSFORMATION OF A FALSE BELIEF (appearing real).
We all love a good story! Look at the rise in Netflix and other streaming platforms during the pandemic. What fascinates me, is the stories we tell ourselves, often subconsciously. And then, how those stories evolve into our overall mindset.
In my recent real estate conversations with people, I have noticed 3 main mindsets: abundance, scarcity and student. The abundance mindset is full of gratitude, hope, possibilities and having more than enough. The scarcity mindset in Alberta is looking back at the past 7 years. These people ask things like: what if there is another wave? Or what if I lose my next job? Or what if real estate never appreciates? And the student mindset is very open to learning, growing, challenging and adapting to the post-Covid world.
There are pros and cons in each mindset. The thing is, none of us lives without some fear. Our brain was programmed many years ago to protect us from danger (real or imagined). Our reflex responses after all this evolution is still: fight, flight or freeze. But the mind is such a powerful thing! With our choices, we can override that natural pre-programming; we have everything we need to become “unstuck.”
Fear and self-doubt are holding far too many of us back from our greatest potential. So today, we’re asking our friends and colleagues to challenge the stories you have been telling yourself. And especially beware the Covid stories and beliefs that you may have developed. If we KNOW that the news and platforms like Facebook are designed to make us react with fear, we constantly need to be asking ourselves, “Is it real?”
We are all great storytellers in our own minds. And then we go around trying to prove that we’re right (a concept called confirmation bias).
- Money doesn’t grow on trees—just look around!
- Renovations are risky—look at that guy that just got away with swindling all those people in Calgary!
- Real estate is a risky investment—just look at all those people who lost money or really struggled in 2008!
There is a bigger picture. There are more sides to each story.
- Money can be earned and raised
- Renovations can be done carefully and professionally, with a contract. They can improve the value of a house, and the quality of the living experience in that house. Reno’s can even be done with a warranty!
- All investments have risk. Stock markets also took a bit hit in 2008. Or think about the Dot Com bubble. Saving money in a vault or under a mattress is also risky—because inflation devalues the purchasing power of each dollar that just sits there.
You are a phenomenal storyteller! We encourage you to evaluate your personal library to make sure your stories and beliefs are not creating blindspots and “false evidence appearing real.” Each time your gut reaction is “no” or “that’s scary” or “I can’t do that,” ask yourself if it’s true, if it’s real, or if just maybe the path to financial freedom is worth figuring out. Transforming your stories and beliefs can lead to generational wealth!
