Listen "How to Create Confidence & Creativity as a Real Estate Investor & Developer"
Episode Synopsis
In this episode, Shane discusses the significance of practice, mentorship, and making sacrifices to acquire knowledge. He delves into the development of creativity, confidence, and success in business. Discover the three fundamental components for achieving success and learn how to become a confident investor or expert in any field. Join us for insights on personal growth and how to apply the right skills to unlock success! [00:01 - 04:37] Lessons in Creativity and Confidence Protecting and encouraging creativity and confidence are key to success, whether in soccer or business Building skills requires hard work and dedication, just like my daughter's commitment to practicing six days a week Getting enough practice and exposure is essential to gain confidence in investing or any other field Finding a mentor or coach can help you learn the right skills and avoid wasting time on the wrong things [04:37 - 08:12] Strategies for Improvement in Sports and Investing Focus on a few skills to succeed in a game, which may change depending on the opponent and focus A great coach is important to point out mistakes in a constructive way to improve performance Offering to work for free in exchange for coaching is not a guaranteed way to get it, and it's important to invest in learning through payment or sacrifice Finding a mentor or coach may require creativity and persistence, and it's essential to seek out knowledge from various sources, even if one potential coach is not available [08:13 - 12:28] Developing Wisdom and Experience for Business Success Wisdom and experience are crucial to avoid making mistakes and problems in business Insights gained from experience are often not fully understood until after going through several cycles of trial and error Learning through observation and doing is more valuable than traditional education in business Developing skills and taking a long-term perspective is necessary to become a confident investor or entrepreneur You can connect with me on LinkedIn, follow me on Twitter, and watch my videos on YouTube. If you want to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or clicking here to listen to our previous episodes. Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. Tweetable Quote: “There is like absolutely no shortcut to doing the work and developing the skills.” - Shane Melanson
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