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Inside Scoop 26 Sep 2022

Inside Scoop 26 Sep 2022

What I am focused on: We have been on the road for the first time in nearly 3 years on a 2 city tour of Brisbane and Melbourne to catch up with our community face to face on the ground (finally). I had noticed that everyone is now a lot more guarded with their time post Covid so I took a razor blade to my material and was super focused on delivering more in much less time. The event covered new topics – like splitter blocks and vendor finance. When I first mapped out the content it came in as a 3-day event. I knew that asking for a three day commitment from people was a bit steep. It took forever but I got out my scalpel and finally cut it down to a day. That was hard yakka! I now know what Thoreau meant when he said “sorry to be verbose but I didn’t have the time to make it shorter”. Or as President Woodrow Wilson said on the time it took him to write a speech – “If it is a ten-minute speech it takes me all of two weeks to prepare it; if it is a half-hour speech it takes me a week; if I can talk as long as I want to it requires no preparation at all. I am ready now.”

What I Have Been Reading – “The Brave Athlete” by Simon Marshall and Leslie Paterson. No, I am not planning to train for a marathon or anything (I wish). It’s an awesome little read about how our brain works to both help us and to sabotage us. The good news is that we get to choose how we manage our thought patterns so we can be faster, more efficient, better and happier in life. Highly recommended if you are wanting to get your mental house in order. It’s not neuro-science, it’s written in plain English with humour, wit, empathy and relatable metaphors – our emotional brain is a chimp and our rational/logical brain is a professor. The chimp is too quick and cheeky for the poor old professor to catch or control. The naughty chimp, driven by emotion (what he ‘feels’ like) is much faster than the logical professor who is still working it all out with graphs and numbers. Now I know why my chimp makes me eat a packet of Tim Tams – he felt like it!! Meanwhile the mild-mannered professor has worked out the calories and the sugar and the amount of exercise required to work it all off (logic) but, unfortunately, it’s a case of too little too late! Emotion trumps logic most of the time.

What I Have Been Watching – “The Crown” on Netflix. I initially watched it years ago, at the time each season was released, but the earlier ones were my favourite. I admired the Queen as a young woman thrust into the public eye and leadership when it was the last thing she wanted or expected and how she always rose to the occasion, through the most difficult circumstances, often surrounded by stuffy didactic old men, never failing to hold her own with dignity and femininity. Stoic to the end.

What I have been studying – Imposter Syndrome. The opposite of the Dunning-Kruger effect I was studying a month or so ago. The former is where really competent people are filled with self-doubt and the latter is the phenomenon whereby fools or those with very little knowledge and experience in an area overestimate their abilities. Makes you wonder who’s running the show in our nanny state? The “imposters” who know their stuff but are too timid to put their hand up or those full of bravado and hot air who think they know it all but when push comes to shove they have no idea!?

What’s coming up: We’re hosting a free livestream on Saturday the 1st of October from 9 am to 5 pm where we’ll show you the 3 best property strategies that are yielding 5 and 6 figure profits right now including – off-market distressed properties, vendor finance and splitter blocks. For details and to register click here.

Thoughts, suggestions, feedback?

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Till next week,

Dom

PS: We caught up with Property Lover Graham recently to discuss the incredible property empire he is building for himself, you can check out the full conversation here.

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