Top 10 Things Yoda Wants Real Estate Entrepreneurs to Know
Hello, hello! JP here, inviting you to step into a time machine for a moment, as we go back to 1977 together.
What’s so special about that year, you ask?
Well, it’s the year Apple Computers, Inc. became incorporated, and the year of the first space shuttle flight. It was also the year that Coneheads debuted on Saturday Night Live.
All (clearly) are significant moments in history and worth noting.
But what I’m talking about was one of the greatest cinematic experiences in history:
The one and only original Star Wars, soon to be followed by the epic sequel, The Empire Strikes Back, a movie that introduced the wise and so-ugly-he’s-cute Yoda, king of “The Force.”
So where am I going with this?
Well, I recently came across an interesting take on some of Yoda’s wisdom and how it relates to entrepreneurship… and what can I say? I was inspired to put my own spin on it for the real estate investing world.
So here goes…
“Train yourself to let go of everything you fear to lose.” – Yoda
Fear of loss. It’s one of the biggest, most insidious success killers for newer investors, hands down.
What is there to be fearful of?
Oh, I don’t know, let’s see…
Fear of losing earnest money, losing a deal, losing big on an investment, totally failing, letting family down, having friends look at you like you’re crazy…
Fear in the real estate investment business is real — very real.
But simply put… you’ve got to get over it.
Your #1 priority should be kicking your fear of loss right out the door. Otherwise, you’re going to fall short of your potential time and again.
“Patience you must have, my young padawan.” – Yoda
It’s human nature to want instant gratification, but far too many investors want it all now.
And I get it, I really do…
Especially when you first start in this game, it’s near impossible to not set your sights on making it big overnight, on becoming an instant success.
But that’s just not the reality for most of us.
Everyone has a learning curve, and everyone must fight their way through it.
It’s a rite of passage for every investor.
So, focus on the long-term game, not just the short plays, and look at your business as a long-term investment, a career (not just a job), and a way of life, not just a way to make quick money.
“You must unlearn what you have learned.” – Yoda
Most of us learn that it’s better to be safe than sorry.
Almost everyone starts with an operating system that’s programmed to think like an employee or to run a business like a self-employed person rather than a business owner.
But here’s the thing — some of the things that we learn over time aren’t the best lessons. They won’t benefit us or help us grow our businesses in the long run.
So, we’ve got to unlearn them.
But habits die hard, and unlearning what you've learned means being fiercely committed to your own ongoing personal development.
“If no mistake have you made, yet losing you are, a different game you should play.” – Yoda
If you’re not winning the game of real estate investment vs. the world, that doesn’t mean you should throw in the towel. Maybe you just need to change your approach.
In the real estate investment arena, there are many games to play, but your game should match your local market opportunities, your strengths, and your interests.
Don’t simply do what others around you are doing to make money.
You’ve got to find your niche, what works for you, and then you need to be willing to trial-and-error through lots of things along the way.
“Control, control, you must learn control!” – Yoda
For me, this one is about 2 things.
- Planning your day.
- Running your business like a business.
And what exactly does that mean?
Consider your daily planning as an activity that you would pay $1,000 an hour for.
When you plan your day (even if you deviate from that plan), you are in control. You’ve made a statement to that day, and you’ve already had a successful day just by having a plan in place.
So, you’ve got to think of planning your day each morning as the most important thing you can do daily.
Second, the only way to control your business is to consistently dedicate time and effort to running things from the CEO seat. You’ve gotta get your head above the trees regularly to survey the landscape.
Every good business owner does this… and so should you.
“Always pass on what you have learned.” – Yoda
Don’t think of things through a lens of scarcity.
Instead, think of things in terms of abundance and look for opportunities to share what you’ve learned with other people. Pour into other people what you have learned.
One of my favorite made-up terms is “coopetition,” and I warmly invite you to appropriate it yourself.
In short, take your competition and find a way to cooperate with them for everyone’s benefit.
The great Zig Ziglar said it best:
“You will get all you want in life, if you help enough other people get what they want.”
“Difficult to see. Always in motion is the future…” – Yoda
Planning is key, you already know that.
But you can’t plan everything. Sometimes you just have to take things as they come… and that’s cool.
Markets will shift, deals will go sideways, and (sad but true) partners will fail you. These are all realities of the investment business.
But your mission is to ensure that you don’t let these experiences turn you into another victim of the “analysis paralysis.”
Learn how to “move with the cheese,” and remember, success in life isn’t about how many times you fall down — it’s how often you get back up again.
“Named must your fear be before banish it you can.” – Yoda
What keeps you from stepping boldly forward?
Get in touch with what’s really stopping you.
Fear isn’t always “false evidence appearing real.” Sometimes it’s legit, and it can be a warning to pay attention to. But you can’t tell the difference if you aren’t committed to discovering what you’re afraid of.
So, take a good, hard look in the mirror, identify and accept your fears, then conquer them to gain perspective and wisdom from them.
“I can’t believe it.” – Luke “That is why you fail.” – Yoda
The biggest determining factor to your success or failure isn’t the REI tactics or strategies you know. It’s all about your beliefs.
Ask yourself if your beliefs are holding you back and hindering your ultimate success, then commit to uncovering them and eliminating those beliefs forever.
I challenge you to read at least 1 book a month by Jim Rohn, Brian Tracy, Napoleon Hill and Tony Robbins. 100% guaranteed it will change your life.
“Do or do not. There is no try.” – Yoda
This one is as simple as just doing the thing.
Massive action trumps making mistakes every time. It’s much better to make imperfect progress than to only move forward when you’re likely to perform perfectly.
Done is the new perfect.
Use the Force, Young Jedis
Yoda’s lessons are powerful, and I was surprised to find so many correlations between Yoda’s life lessons and the world of real estate investment.
Use these words of wisdom, take them to heart, and apply them to both your life and your business. They will, without a doubt, help you become a more successful investor and maybe even a smarter, more intuitive, and more productive person and professional.
Thoughts?
We literally can’t wait to hear ‘em. Talk to us in the comments section below.
Pretty please. ❤️
We just need a yoda ai to run the world — that could work right — or maybe the darkside will do darksidey things — bad idea huh …
I’ve lost quite a bit of money trying to do as the so called guru’s had to offer, but got know where. I know with what I’ve read and heard. This is going to be the way to go. I’m retired and on a fixed income and living payday to payday. It’s not fun. It’s a drag. I’m without any wheels right now and I’ll have to do what I can in front of my Laptop. I love the stories others have shared. I thank you all and maybe some day I’ll see some if all of you in one of the simamars.
Excellent correlation with the wise Yoda. This will help me to keep moving forward with my business. There is no ‘try’ , either you do or don’t is powerful mindset that will help me with decisiveness.
Than you!
I meet zig ziglar 40 years ago .He train me to sale from door to door. I was in the presidential club for 4 years while I was doing my BA DEGREE. Thank you for the opportunity to do this in real estate.
This is right on time!! READ! RECITE! APPLY!
When I first went into “outside sales” I planned my day before going to bed. I knew exactly where I would be at 9 am the following morning. I knew how many presentations I would give because if I gave a certain #, say 20, I would close 3-4 of them . I had to repeat this everyday, cause some days were blank, however, I NEVER HAD A BKANK WEEK, as long as I worked every day! When I was “petrified” I remembered what Bill taught me “DO IT NOW!!” My 1st week I did not sell a thing! My 2nd week, everyone else on the team had quit, my so-called manager said if I sold anything to call him! He ****** me off. My 2nd week in the field, with knees knocking, I sold 20 policies, earning more that week than I had done in a month on my previous J.O. B. I was on a roll. I’m going to double that income with my R.E. Biz
In the next 30-90 days. I did not know Yoda. But ugly as yoga is, yoda has GREAT WORDS OF WISDOM. Let’s crush them Yoda‼️‼️
I have been a real estate agent for 18 years.
I am so fortunate to have stumbled upon this amazing opportunity..
As far as I understand this is real estate on a very different angle.
I look very forward to working with amazing people with opportunities they are willing to share, teach and help to reach levels of success. I cannot wait to get started.
How inspiring are these Yoda quotes! Awesome correlations…good job, Patrick!
I love this! Two of my favorites quips and quotes, “If no mistake have you made, yet losing you are, a different game you should play.” -Yoda- And, of course, motivational speaker, Zig Ziglar, “You will get all you want in life, if you help enough other people get what they want.” These are ultimately what got me here.
I am looking forward to applying the steps and moving forward with this RE business venture. Thank you for sharing and for everything so far, I am excited!
Thanks for sharing. Very insightful and entertaining!! May the force be with us!!!
Thanks for sharing. Very insightful and entertaining!!
What an awesome message. I’m working on implementing, I gather information but don’t apply. It’s not fear but mind distraction. Breaking my mindset of 3 month. After 3 months my mind creates a distraction. Will conquer it.
Because its my birthday to day its a gift to my self
Thanks for the encouragement, Fear….must cease. Helping ours as well as myself is the plan.
Awesome! Definitely words of wisdom to live by and accelerate your growth!!!
I’m excited to start. It will be a new adventure I thank you for the information can’t wait to get started
I have tried several businesses in my life done well I believe I can do this business I appreciate the opportunity and I can’t wait to get started just a little nervous
Life, itself, is all about personal development!
Thanks for sharing your awesome services with others.
Looking forward to being a success story too.
Have a wonderful day.
Great positive words to get us believing in ourselves and in the real estate business. I needed those words of wisdom to move foward. May the force be with us!
Well I do see my problems. We closed our business in 2018. It was not a failing business we were both just tired. Now we sit in limbo. I needed these words. I must continue on to find out who I am and to believe I am successful.
I joined AwesomeREI to start my own business helping real estate investors acquire more properties with the money that I can loan them. Once i can show them how quickly i can get the cash in their hands the sooner i get paid. Then rinse and repeat. That is why i’m focused in getting my feet wet with my first 3 sales and next 4,5,6 and 100 will be so easy because it’s the same process over and over again until it’s like having it on auto pilot.
My daughter is a real estate agent and she is doing very well. I want to work with her and her husband which is what she wanted to do with him and myself.
Well this is a blessing from God and now I will be able to afford a home for myself in Colorado and be with my family again, especially with my grandchildren. This is something that i can do and i will learn this like breathing on auto pilot.
i love your comment. I know many real estate agent, As a owen or a clean service we use to clean a Re/Max office untell the office was sold to someone els so i know many or the real estate agent and one or my best friend is agent and other. I m looking forword to doing well in this.
I’m so looking forward to my new opportunity in real estate. I can’t wait to get started. I can di all things in life if I believe in my self. Thank you so much for this great opportunity. You’ll me bless.
I do have my own business. Comfort Homes. Selling Manufactured and Mobile Homes in parks.
I do the Finance, Escrow, Apriser, etc., etc. I LOVE TO HELP MY CLIENTS.
I know I can do this business. Only I need the first flip, and the second will be much easier. with your help your directions I will make happen this business.
Oh my goodness, I’m so excited to get started ! I need structure, and courage to do this, I know I can do it!
My goal is to acquire not only more money into my pocket, but to learn and pick up some properties along the way.
I have to start out small, then grow my business, relationships, and my inner being.
Thank you for this opportunity to earn, learn and grow into the awesome team. Looking forward to the journey. Love and blessings.
Lori Gribben
Well for some of you, that see life as a game because you are in a position of winning.But for must people that are struggling life is real and we cannot afford playing games.
I really needed to read this!! Thank you. I had heard a lot of these but needed to again to get over my several of those Yodaism’s. Thank you & love Star Wars!