No matter how brilliant you are, going solo in real estate won’t get you very far.
It’s a team effort, which is why you need a tribe.
We’ve joined (and founded!) many tribes, and encourage you to do the same.
Have you ever considered you are the sum total of the people you spend time with? The people and habits in your life can either drag you down (misery loves company!) or help you progress.
YOU CHOOSE your tribe, or the people who get to take up time and space in your life.
We want your tribe to bring you up—to help you learn from others, grow as an investor, and connect with like-minded folks.
Today on The Real Estate Guys™ show, coming to you from sunny San Diego, you’ll hear sage advice on finding your tribe from:
- Your shy-no-more host, Robert Helms
- His frog-kissing co-host, Russell Gray
- The godfather of real estate investing, Bob Helms
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Find a balance between diversity and common goals
We just wrapped up our yearly goals retreat in beautiful San Diego.
While we were at the retreat, we had the awesome opportunity to observe our own tribe in action.
We were also able to ask ourselves: What makes our tribe so great?
We realized our tribe worked well because it was diverse. It wasn’t an echo chamber, but instead, a group of people with different perspectives united by a bond of commonality.
Take a group of people with similar values but diverse perspectives, and you get an incredible synergy.
It’s that synergy that helps you know when you’ve found your tribe.
“You know it’s your tribe because of how you feel,” Russell tells us.
Yes, it’s that simple.
Step out of your comfort zone
Do you feel embarrassed, overwhelmed, and underqualified to show up in a room of investors?
If so, THAT’S OKAY!
Once upon a time, we felt that way too.
But we want you to know that new investors can be invaluable to a group.
You help people farther down the road understand new perspectives.
And you allow others opportunities to refine their thought processes and share information they’ve acquired.
If you think you can’t network because you’re “too shy,” we have three words for you: GET OVER IT.
Step out of your shell. Push yourself out of your comfort zone.
We’re “shy guys” too, but very early on we realized that being shy didn’t serve us in the world of real estate investing.
So instead of hiding out, terrified of rejection, we faced our fears and did some hard things. We still do, every day!
Put yourself in environments where you’ll be surrounded by successful people.
Then ask yourself whether those environments are working for you.
If you realize you’re in a place you don’t want to be, don’t stick around! Cut your losses.
Realize that you might have to kiss a few frogs before you find your ideal match.
You might even have to kiss a lot of frogs!
Begin with little things, one-time events: paid seminars or talks by published authors.
Attendees at these events WILL have commonalities with you. Start there.
Then latch on to the people you want to spend more time with. You never know where things will lead.
One person can open up a whole new world of connections and new tribes.
Start with your values
The basic gist of finding your tribe is to set course, then be smart about where you’re headed and what you’re doing to get there.
How do you set course? The VERY FIRST thing we encourage you to do is identify your values.
Set out your personal investment philosophy and your goals. Identify what is most important to you.
Beyond whatever else we may have in common, it is truly our values that bond us to others.
When you start looking for your tribe, look for people who share and reinforce your personal values.
And make sure you act on your own values. Be the best version of who you really are.
In a new environment, DON’T
- Play close to the vest
- Pose and pretend you’re someone you’re not
- Try to look smart
- Be willing to open up
- Ask questions and share ideas
- Make an impression
- Prepare talking points
- Bring business cards!
- Get contact information for new acquaintances
Don’t insist on acting alone
Real estate can be a lonely business.
While we trust you to be an innovative independent operator, we also believe strongly in the power of a tribe.
We know finding your tribe isn’t a piece of cake.
You have to commit time and energy. You might have to put yourself out there and overcome some natural inhibitions. You might even have to form your own groups.
But being a member of a tribe is a sacred and special thing.
When you’re part of a tribe, you have a community and responsibility. Treat that responsibility with the utmost care, and in return, it will give you more than you ever thought it could.
Remember, your environments and associations can either drag you down or bring you up.
Today, we encourage you to start the work of finding your tribe by asking yourself these questions:
- Who do I spend time with?
- What do these people have me thinking? Doing? Reading?
- What do they have me BELIEVING?
Then ask yourself the big question: Is that okay with me?
If your answer is yes, you’re on the right track.
And if your answer is no, then maybe you have some work to do.
Go out today and kiss some frogs.
We guarantee you’ll find Prince Charming, or at least a good friend, a role model real-estate investor, or a terrific tribe.
Now get out there!
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The Real Estate Guys™ radio show and podcast provides real estate investing news, education, training and resources to help real estate investors succeed.