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Real Estate Investing with Coach Carson

#30: Ask Coach - Perpetual Learners - How to Actually Get Started With Real Estate Investing

Real Estate Investing with Coach Carson

Chad Carson

Investing, Business

4.9613 Ratings

🗓️ 11 April 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Episode #30 - Education and learning is great. But when you get stuck as a perpetual learner and never get started it can become frustrating and even lead you to quit.

In this episode of Ask Coach, Chad gives some advice to those stuck in analysis paralysis or perpetual learning so that you can begin moving forward toward your goals.

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Transcript

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0:00.0

Are there any perpetual learners out there?

0:27.9

You know, when you need to learn just one more thing over and over again, but you never pull the trigger and get started with real estate investing. I know a lot of us have been there in that place, and so in today's episode of Ask Coach, I've got some advice for you, and we're getting started right now. Hey, I'm Chad Carson.

0:29.4

You can also call me Coach Carson, and this channel is all about investing in real estate

0:33.7

so that you can achieve financial independence and do more of what matters. In just a moment,

0:39.1

I'm going to take you to a live clip where I had a live stream and I answered some questions for

0:43.7

others. And in this particular question, someone was very honest. And they said, you know what,

0:48.8

Chad, do you have any advice for a perpetual learner? You know, someone who's always learning and learning and

0:55.3

just needs a little bit more information, then I'll be confident. And yet they continue that pattern

1:00.0

and they never get started. They never pull the trigger. And I know there's lots of people in this

1:05.3

situation, particularly with real estate. Real estate's got some high stakes. So I do have some

1:09.5

advice for you. I've been able to help some people in the past with that. And we're going to get started with that advice right now. Especially with real estate, I think it's intimidating because the numbers seem pretty big. Very often, like if you're in a personal situation where you don't want to make a mistake, you have, you know, there's high stakes. You know, maybe have a family. Maybe you have, you've made mistakes in the past that make you nervous about making another mistake. So, I mean, I get that. Like, it's, you don't, you have a lot of fear and, and things that you don't want to, to not to go wrong. My recommendation is always to take this big elephant and break it down into tiny, tiny little pieces.

1:48.0

So it's really hard to go out and do a deal.

1:52.0

It's really hard to go out and retire early.

1:56.0

Those are just too big. Those are too big of things.

1:58.0

So instead of buying a deal, and my recommendation is to take,

2:02.5

break buying a deal into the little pieces, the little daily actions that you can do to actually

2:07.7

make progress. And those little daily actions are a lot less scary than actually buying the deal.

2:13.7

But they give you momentum. They give you kind of a psychological excitement that, hey, I'm doing

2:18.9

something, I'm moving. And so let me give you some examples. So when you're in the very

2:22.6

beginning stage, you know, the most important thing to learn is I appreciate the fact that you're

2:28.0

here and hopefully you read my website. There's a lot of good stuff to learn there. But I will tell

2:31.9

you, like, the best learning you can do is not on my website, it's not on this Facebook Live, is going out in your market and learning what's going on in your market. That's the best learning. It's the thing you should be doing every day, no matter what market you're in, you should be out in the market doing a few things. Let me give you some examples.

...

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