Archive for mentoring
Getting what we work for
Posted by: | CommentsI watched the mens marathon last night and the commentary was as interesting as the race. I had a UK feed where both announcers were former marathon champions. They spent the whole race saying why one of the 2 favourites would probably win or not win. Especially after the favuorite took off in the second 10K and left the field behind tales of his impending doom became common.
But the real story I guess was the Ugandan runner who won.
Ugandas first gold medal in 40 years!!
Stephen Kiprotich was out of school for 3 years with illness. HE stopped running in his early teens to concentrate on school, then at 17 told his impoverished parents he was moving to Kenya to become an athlete. And yesterday, as they say, the rest became history.
The part of the story I picked up on was that he went to where the best runners in the world were and lived and trained with them. In fact teh commentator said that maybe Kenya should shut it’s training facility to overseas athletes as they are losing too many medals now that their training secrets are being handed out to too many others.
Isn’t that an interesting attitude that as success spreads we should think about keeping it to ourselves? When I say interesting I mean terrible of course but interesting never the less.
I took 2 main lessons last night from that race. Sometimes the supposed professionals have no idea what they are talking about and to become the best it helps to hang around with the best.
And that is going to be true for every area of our lives. You may never win a medal but if you want to be the best husband/wife/investor/preacher/tinker or tailor you can be…………
read the books, attend the conferences and listen to the podcasts absolutely but then find someone who has achieved the results you want and find a way into their world.
For me this is primarily about becoming the best person I can be spiritually and relationally so I look for those men who have the marriages and relationships with God I admire and hang around them.
This was something I didn’t do enough of in my earlier investing days and I paid a big price for it. Now in the USA I have surrounded myself with top shelf people and can get top shelf results with much less of a learning curve than I experienced in New Zealand.
It simply works no matter what your goals, find someone to learn from today!
If your vision doesn’t make you laugh, cry AND change, then it’s nothing ~ Dean
PS: The next Cashflow Tour is happening in October, check it out HERE
Circle them wagons
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Interesting to see the impact of the 2 recent legislation changes regarding financial advisors and the REAA.
REAA. The recent failed appeal by Premium Real Estate has the REAA rubbing their hands together with glee. Whilst the event predated the REAA they have taken the outcome as a successful precedent to attack finders and traders. I have spoken to 2 licensees already who have had to warn their staff not to accept contracts from evil finders/traders. The Premium case was a property sold by an agent and then it was resold 4 months later for a 980K profit.
Premiums losing the case now means legal precedent has been set that it is “illegal” to sell a property low and then see it resold high in a short time frame. To call this ludicrous is being kind but there you go, that is our brave new world.
I understand the intent of the law to stop agents acting for traders when they are being paid to act in a vendors best interests but the result is going to finally allow the REAA to drive almost all non agent activity out of existence.
AFA: I think it is great that the government has moved to remove Blue Chip style operators out of the market and provide more accountability, however a disappointing story this week of a long standing, almost iconic New Zealand property guru/mentor being denied AFA status because of his behaviour in the late 70′s and 80′s.
Surely there should be some timeframe where bad behaviour is accepted as being learned from and forgiven. (I guess there could be more recent bad behaviour but only the historical stuff was quoted to me). If I wanted advice in specific real esatte areas outside of my own expertise this would be my go to guy so it is sad that less competent people will get approved because they have never taken any risks in their lives where as this advisor who has learned through being in the trenches and making mistakes is denied??
Stay tuned for more nonsense, especially against traders, mentors and finders 
.
Never mind, whatever the left try to throw at hard working people committed to financial freedom, WE WILL FIND A WAY OVER, UNDER, AROUND OR THROUGH THEM RIGHT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Don’t sit there reading, GET GOING!!!! Dean Letfus
Listing shortage = Good News
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OK so you hear all the news about no listings and people paying good money for property, life is good, the agents are polishing up the BMW and the D&G sunnies are back on their foreheads right?
So let’s not even comment on the graph above which shows this to be a fallacy or I’ll really get started
Anyway my students and I are looking at more than 100 deals a week and would have over 250 properties for sale all around New Zealand. And unlike the agents who need a good market to eat I can tell you that the market is NOT recovering, prices HAVE dropped and a lot of property is still NOT selling quickly or at all for that matter.
And what this creates for savvy investors is OPPORTUNITY.
You see we must focus on using the media misinformation to our benefit and subsequent profit.
If people think they have less choice it is our God given responsibility 
to assist them to buy OUR property rather than another.
AND for those who believe the media position that property is still bad we need to relieve them of their terrible burdensome property .
My clients ands students are buying great deals and flipping them or keeping them depending on discount and cashflow.
The next 12 months could set you up for an early retirement, are you taking advantage of the 2 extremes of misinformation in the market?
I’ll be talking more about this on tomorrow nights webinar series, pop in for a chat and some great info. Mr tax minimisation and breaking tainting will also be joining me. Don’t miss it!!
Costs a whole $1 to learn how to make thousands Book HERE
Stay Inspired and Stay Safe ~ Dean Letfus @ www.MassiveAction.tv
To get the latest investing information on time and for free make sure you get my regular newsletter here
Unbiased Advice?
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I listened with much amusement this morning to a reporter interviewing somebody about a free property event being put on so people could get “unbiased” property advice and avoid the “dodgy players” in the property market.
The unbiased event is being run by a real estate company and a group of professional property related companies all of which, without exception, sell goods and services to property investors. In fact the advertised companies were mortgage brokers, accountants, real estate companies. Not one mention I could find of a financial planner, property education company or professional property consultant. Not one!!
So to all their advice unbiased is just plain nonsense.
Now before you get offended I’m not complaining about them running the event. Quite the reverse I think any property education is good to get people going with their wealth creation goals. But sadly we feel the need to kind of qualify everything by trying to be unbiased.
There are lines we need to watch in some areas. For example because I train property investors and need to be able to help them analyse deals etc. I don’t sell property to anybody anymore so that I am not consciously or unconsciously swayed in any particular direction.
I can therefore truthfully say my advice is independent and I have no vested interest other than ensuring my clients get wealthy.
But any real estate company is going to be biased towards its own brand and listings because that is their sole source of income. I am very biased when it comes to mentoring because I believe Massive Action provides the best mentoring services by far. I may or may not be right but I am biased .
And the point is that there is nothing inherently evil in being biased. Unfortunately we lump people’s preferences in with unscrupulous dealings where they don’t exist.
For example because some financial planners have been found out to recommend a particular product because it paid large commissions suddenly all financial planners are considered dodgy.
Because some property education companies secretly margin trade property and hide it from their education clients suddenly all property education companies are dodgy.
The simple fact is that to stay in business any company needs to make money and it does that by charging for goods or services. They are therefore “biased” towards you using their services. And there is nothing wrong with that providing they are transparent and honest about how they get paid.
Make your decisions based on the results being generated for people and the company history, not their attempts to convince you they have no interest in your money.
Any understand with real estate companies and principals, they only make money when they sell property and are therefore often unable to act in your best interests generally speaking. Any property related education coming form a Real Estate Company is designed to do one thing, get you to buy their listings.
For me personally I can look at the many people I have helped and rejoice with them in the success and financial freedom they have achieved.
I am also honest about the stuff ups I have made and use those to help me help others avoid repeating them.
So learn all yo can everywhere you can, just do some due diligence before handing over thousands to anybody!!
Stay Inspired and Stay Safe ~ Dean Letfus @ www.MassiveAction.tv
PS: I am getting loads of emails thanking me for my new property webinar series. People love getting current advice and their particular situations addressed, especially when it’s cheap as chips Tuesday the 13th is my last free trial webinar for this series so if you’re interested in Property Investment register HERE and get some totally free investment education online AND the second page tells you how to get a copy of my free DVD and register for my free webinar trial!
To get the latest investing information on time and for free make sure you get my regular newsletter here
Are you U.S. or A.?
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I freely admit to being biased when it comes to creating ones future. I simply don’t know of any wealth creation vehicle that comes close to property. And I say that based on my research and personal experience. And even though things go wrong, as they will with any investment strategy at times, the underlying need to take responsibility for my future AND the sound principles of success offered by property remain.
So hence my question today.
Are you a U?
Unaware. Do you understand how your future is likely to play out if you do nothing about creating your future? If you continue on as you are now what will the last 20 years of your life look like?? Will you be financially free and enjoying your spouse/grandkids/God/boats/cars, fine wine or whatever it is that spins your wheels?
The chances are that you may have never even thought of this, just like 99% of the population.
Or are you an S?
Sensitized. Many of you will fall into this category. Either through myself or a book or a relative you have become sensitized to the benefits of property investing. You know that property is a good way to create wealth and you kind of know somebody who has done it BUT you don’t really know what it involves and you certainly haven’t seriously invested any time or energy in pursuing it.
You are in the most dangerous segment of the population because you runa serious risk of being permanently innoculated against success. We get flu shots to give us just enough of the virus so our body build up immunity and we don’t catch the flu. Well exposure to wealth creation without any action is exactly the same thing. Your mental health will be better if you remain a U. It is hard to be devastated over what could have been if you never knew what those alternatives were. So assuming that just by the fact that you read this blog you are already an S, you have a problem .
You either have to find a way to reject your need of a strategy to create a financially secure future and be able to convince yourself that indeed the government or your parents or lotto will look after you OR
become an A!
Activated. Ever since I discovered MY need to do something with my financial future I have also been committed to finding ways to help others get activated in their journey to freedom. It’s not just about money but in every area, however financial freedom is both a Biblical principle and a more pleasant way to live your life than the alternatives isn’t it?
So getting activated is going to require some ACTIVITY on your part. Deciding what you want out of life. Maybe even allowing yourself to think about how it will feel to be turning 70 and not being able to replace your car or go anywhere or even help support your grandkids or those missionaries you love, basically to realise that NOW it is too late.
And then do SOMETHING!! A good book will cost you $30. For $47 a month you can join my webinar mentoring. For $150 a week you can be 1 on 1 mentored by me personally. There are ways to get the help you need all around you from a variety of people and companies, but they are of no value or benefit or value to you unless you choose to become an “A“.
The next 3 to 5 years can determine the rest of your life, if you let it!!
Stay Inspired and Stay Safe ~ Dean Letfus @ www.MassiveAction.tv
Get my free DVD and webinar mentoring free trial at http://massiveaction.tv/free
To get the latest investing information on time and for free make sure you get my regular newsletter here
Ethical cheating
Posted by: | CommentsI’ve once again been humbled and inspired by the response to my free video course. Over 500 people in 24 hours tells me that my continuing encouragement to stay inspired and keep learning doesn’t fall on deaf ears.
You know it doesn’t matter how far up the tree you might find yourself we never outgrow the need to connect with people who can keep us moving higher. I have just engaged a new mentor and contacted another man I respect internationally to try and get him to agree to work with me.
Plus I have a new couple working with me to develop my online presence further.
I call it “ethical cheating” because it creates a way to cheat yourself to success in certain areas. If you want to have a successful retail shop for example you can buy one or start one and learn as you make mistakes along the way OR you could find a very successful retailer and get them to mentor you so that you “cheated” your way to success faster.
Why would we want to repeat a truckload of mistakes others have made when we could get the “others” to help us avoid them?
We are all on journeys and all learning as we go so I try to surround myself more and more with people who can help me make less mistakes. I still manage to make plenty even with help so why accentuate the negative .
So whatever your area of expertise or interest never under estimate the value of finding someone who is closer to where you want to be than you are now and engage them with you. You may have to pay, you may not, either way it’s worth it.
One rider with this is in the area of personal development. A mentor can inspire and inform you but in this area you actually have to do the work. Personal development involves moulding our character and that only happens through adversity, persistence and time. Some things there are no shortcuts to success on
So think about who you can connect with today to help you cheat your way to the top!!
If you haven’t joined the family yet do your head a favour and get my free video course on property investing now at http://massiveaction.tv/free
Stay Inspired and Stay Safe ~ Dean Letfus @ www.MassiveAction.tv
To get the latest investing information on time and for free make sure you get my regular newsletter here
You gotta give to get
Posted by: | CommentsI had a wonderful day in New Zealands sunshine capital, Nelson yesterday, culminating in a presentation to a packed audience at the Nelson Property Investors Association.
It was my first event outside of a church this year so I had to watch I didn’t slip into “preaching mode” .
Anyway it was fabulous to have such an appreciative group of people asking the hard questions around investing in this environment.
But the main thing for me was that I get so encouraged and “filled up” when I give to others in this way. It reminds me of how much I have learned and I get to meet people who are better off through applying what I have taught them before.
You see when you share with others the things that yo uknow and the passions you have not only do they get educated and inspired, it also reinforces the good in yo uif that makes sense. It will give you energy to keep going yourself.
No matter how old/rich/smart you are there will be things you know that other people would love to hear about. Try it this week, share a gem you have with someone else. I will be amazed if it doesn’t put a smile on your face and make you want to do it again.
Brief blog today as my flight is calling!!
PS: Thanks to Glenn and family and the Nelson PIA crowd, I had a blast and your hospitality was greatly appreciated
Stay Inspired and Stay Safe ~ Dean Letfus @ www.MassiveAction.tv
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