The psychology of a thinker vs. a doer when it comes to real estate investing
Are you a thinker or a doer? Do you think about real estate investing and study up on it
all day and night… or do you do real estate investing?
Whether or not you know it, there is a HUGE difference when it comes to thinkers vs. doers. Don’t get me wrong, doers do their fair share of thinking… but they do it on the fly… they think while they are doing.
Let me break it down and let you decide which side of the tracks you are on. Are you on the side of the track where people get stuff done… or are you on the side where people think and dream about getting stuff done?
Ok. Here it is. Bear with me, it may get a bit confusing through part of this… but I promise it will make sense in the end.
Thinkers think that thinking is doing. They think that the act of thinking and “learning” is moving them closer to their end goal when in fact thinking (rather than doing) is blocking their progress. Thinkers know that they have to do in order to reach their goals, but they think that the act of thinking always proceeds the act of doing. In reality, the act of thinking delays the act of doing.
What thinkers don’t know is that the thinking that truly helps achieve goals is not really thinking at all (I know… I told you to bear with me). The thinking that helps achieve goals is actually doing in disguise. Thinking just to be thinking is counterproductive. It is when thinking becomes doing that thinking truly becomes productive.
Do you think and learn just to do so? Or does your thinking and learning truly productively move you toward your end goal?
This question isn’t as simple as it looks. I know you are probably thinking right now that your thinking is helping you reach your end goal. The more you learn from a book, bootcamp, course, etc. the better equipped you will be to invest in real estate… right? WRONG!
Unless you are one of the small percentage of actual doers in the real estate investing world, I’d be willing to bet that the majority of your thinking is a waste of your time and won’t get you a step closer to your goals. All of your studying up on real estate investing from books, courses, bootcamps, etc. helps you learn about real estate theory and techniques. It doesn’t help you learn how to actually “do” real estate investing. The only thing that can teach you how to “do” real estate investing is by doing. Wow! That’s a novel idea huh! The only way to truly learn how to “do” something is by doing… not reading and thinking of how to do something.
I’m going to give you permission to be a thinker for a sec. Think about the last time you read instructions or took a tutorial for something. I can think of mine. Last week I read a tutorial on how to write php code (sounds fun huh). I read the tutorial and it was an excellent tutorial. It went step by step and even showed pictures. But… I still truly didn’t know how to “do” php code. I knew some of the steps to take and the theory that works for php code… but I didn’t really know how to do it because I hadn’t actually done it yet. So, I followed what the tutorial taught me and actually did it. Only after I did it did I truly know how to “do” php code.
So, what does this mean to you as a wannabe real estate investor? You need to spend more time actually doing and a lot less thinking about doing. No matter what some people tell you, book learning is simply thinking about doing. Don’t get me wrong, it’s good to get some good ol’ book learning in before you actually do… but keep it to a minimum. There is a point of diminishing returns when it comes to book learning. At a certain point, you will know all you need to know in order to actually get going. Once you pass that point, the benefit to you actually decreases.
What is that point? I don’t know… it’s up to you. But I will tell you, just one or two books, courses, bootcamps, etc. are more than enough to help you get going. If you think you’re not ready (once again… it’s the thinking that is getting you in trouble), your only problem is that you have not actually ”done” anything yet.
Once you become a doer, the thinking will be on the fly. The thinking will actually help you reach your goals. Until then, your thinking is mearly a road block stoping you from reaching your goals and dreams.
So… what are you? A thinker or a doer? If you’re not sure, you are most likely a thinker thinking about doing.
From me to you… stop thinking so much about how to get started in real estate and go out and do it. Read one or two books, get one or two courses, or go a a bootcamp… but after that, put the knowledge you paid big bucks for to use and turn the thinking into doing.
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Hey, my name is Trevor and I'm the founder of The REI Brain and a real estate investor since the age of 21. Right now, my focus in real estate investing is multi-family income properties and I have plans on moving more into the commercial real estate investment world in 2008 and beyond. 

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