Mindset, Grit & Failure
Why do most people fail at real estate investing?
Answered independently in 3 episodes, by 2 different people. Every line below is verbatim from the transcript, timestamped to the moment it was said.
The short answer
What the archive says
01The strongest NFT use case, per Mike, is verified digital ownership via smart contracts — such as NFT'ing real estate so probate disputes over who owns a property disappear. source →
02Network marketing income built on someone else's company is fragile — Mike lost two six-figure incomes when owners fought and the companies collapsed, which pushed him into diversification. source →
In their words
What 2 people actually said
Exactly. And the second reason why I brought it up is because Robert Allen after all of these years is now teaching mindset, right? So he's not teaching real estate anymore because he said pace 99% of people fail in getting into real estate because of one thing and it's because of mindset, not because of technique, not because of their sales skills.
I do think what it sounds like to me, like that secret formula, the people that do get a network marketing are really entrepreneurs. They're just might be doing it for someone else, sort of at first, but they're probably in their early phases of becoming, they're going to own their own thing one day. It's like the people who are successful in real estate, right?
So my big thing with marketing, especially with what we're doing in real estate is if your audience could write this one thing down and this one takeaway is that your vibe will attract your tribe. And as you authentically post in your genuine about who you really are, nowadays people just want transparency.
The episodes
3 episodes answer this
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