D is for Daring

THE ABC's OF MINDSETS

D is for Daring

In order to dive fully into the daring mindset, I have to start by telling you about the importance of vulnerability. We are taught from a young age to be brave and daring, to live a life full of great experiences, not to be vulnerable or weak natured. At the same time, all the great researchers have concluded that you cannot be daring without being vulnerable. We must have one to have the other.

Understanding our failures and weaknesses is how we push ourselves to new heights. We must have vulnerability in order to have a daring, successful, and meaningful career.

Without vulnerability you would not be able to process, learn and understand what you should do differently in order to move past your failures or bounce back and try again.

By being vulnerable, you open yourself up to new experiences, ideas and perspectives, which can lead to personal and professional growth. It also helps to build trust and connections with others, which can be crucial in building a successful career. Finally, being vulnerable allows you to be authentic and true to yourself, which can lead to greater job satisfaction and fulfillment.

Now that you know how vital vulnerability is, let’s dive deeper into why the daring mindset is necessary for real estate advisors:

Having a daring mindset is important when owning your own business; it allows you to take risks and make bold decisions that can lead to business growth and success. By being daring, you are more likely to try new things, innovate, and take on challenges that others may shy away from. This can help you stay ahead of the competition and adapt to changes in the market.

Additionally, having a daring mindset can help you overcome fear and uncertainty, which are common in the world of entrepreneurship.

Overall, a daring mindset gives you increased confidence, more successful negotiations, and ultimately, greater success in your career.

Caution: Don’t be too cautious!

The daring mindset can help you stay ahead of the competition and adapt to changing market conditions. On the other hand, a cautious mindset can limit your growth and prevent you from taking advantage of new possibilities. Here is how you can balance a healthy amount of caution while engaging a daring mindset: Assess the potential risks and rewards of a situation before taking action. This can involve gathering information, seeking advice from trusted sources, and considering the potential consequences of your actions. It's important to maintain a positive and confident attitude, while also being aware of potential dangers and taking steps to minimize them. Finding a healthy balance between daring and caution can help you navigate challenges and pursue your goals with greater success.

Also, it’s very important to remember that as a real estate advisor we are talking about taking risks that affect you not risks that affect your clients! Taking risks with others financial situations or housing outcome is the quickest way to end your career as a real estate advisor.

Some risks a real estate advisor should be taking:

1. Investing in marketing strategies to promote their brand and listings.

2. Expanding their network and building relationships with key industry players.

3. Taking on higher-priced properties in order to increase commission potential.

4. Pursuing leads that may require additional time and resources to convert into sales.

5. Embracing technology and implementing new tools and platforms to streamline their business.

6. Diversifying their portfolio and exploring new markets or property types.

7. Understanding and partnering with creative financing solutions to offer their clients.

8. Taking on clients with unique or challenging circumstances, such as difficult properties or complex transactions.

9. Investing in education and professional development to stay ahead of industry trends.

10. Taking calculated risks to build their reputation and differentiate themselves from competitors.

Think outside the box:

1. Host unique open houses or property tours that stand out from the typical format.

2. Utilize social media platforms to market properties in creative ways, such as through virtual reality or 360-degree tours.

3. Collaborate with local businesses to create promotions or incentives for home buyers.

4. Offer specialized services, such as staging or interior design, to differentiate from other agents.

5. Develop a niche market, such as eco-friendly or luxury properties, to stand out in a crowded market.

6. Create a referral program for clients to encourage word-of-mouth marketing.

7. Use data analytics to identify emerging trends in the market and adjust strategies accordingly.

8. Host events or workshops for first-time homebuyers or investors to establish expertise and build relationships.

9. Offer personalized experiences, such as customized property searches or VIP treatment for high-end clients.

10. Develop a strong online presence through a professional website, active social media accounts, and regular content creation.

Sticking to a daring mindset:

To stay consistent in having a daring mindset, it's important to set clear goals and remind yourself of them regularly. Focus on the potential rewards of taking risks, rather than on the possibility of failure. Surround yourself with supportive and like-minded individuals who can offer encouragement and motivation. Also, embrace the discomfort that comes with stepping outside of your comfort zone, and learn from your mistakes rather than dwelling on them. Finally, practice gratitude and celebrate your successes, no matter how small they may seem. With dedication and perseverance, maintaining a daring mindset will become a habit that leads to the growth and success of your business.

My book recommendations for developing a daring mindset:

• “Daring Greatly” by Brené Brown

• “The Obstacle is the Way” by Ryan Holiday

• “Breaking The Habit of Being Yourself” by Dr Joe Dispenza

My top TED Talk recommendations for developing a daring mindset:

• “The Power of Vulnerability” by Brené Brown - Begin with your are enough!!

• “The Art of Possibility” by Benjamin Zander

• “The Courage to Be Vulnerable” by Dr. Laura Trice

• “The Surprising Habits of Original Thinkers” by Adam Grant

I hope you find these additional resources helpful! Remember to stay focused, stay motivated, and never be afraid to take that first step towards a more daring future.