Josh Masters from Buy Side talks about his personal experience of constantly having the idea that everything has to be just right – perfect from the get go before you take the first step.
Perfectionism – the killer of dreams.
It took me many years to understand why striving for perfectionism was a disadvantage.
They say you get wiser with age, but this is still something I struggle with personally.
What’s worse is that it’s hard to talk to anyone about it because they think you’re just being a tosser by trying to tell them that everything you do is awesome and that it’s a real drag.
The idea is that everything has to be just right – perfect from the get go before you take the first step.
The reality is though that it stops you from doing anything.
This quote from Mastin Kipp hits the nail on the head…
"Perfectionism is a dream killer, because it’s just fear
disguised as trying to do your best."
I noticed this early on in my investment career where I studied the markets for 2 years looking for the perfect buying opportunity, only to find that the market had passed me completely.
In hindsight, I could have bought a condemned garage and I would have made money.
Instead I found myself too focused on having to tick every single box.
As Mastin says though, ultimately that was just fear in disguise. Fear of making a mistake. Fear of getting it wrong, losing money and feeling like a failure.
Personally, I still battle with maintaining a level of quality that I find acceptable. However, now I’m more willing to just get it out - take action, make a start and build on it.
Now I look at the fear and failure as part of the journey to get to the good stuff.
So, with that in mind, I want to introduce you to our first video version of the Market Essentials report.
Of course, you can still download the 2 page report here for a quick summary of the national property market.
But if you can afford just over 5 minutes from your month then I can deliver you a quick round up of the capital cities right here…
It’s far from perfect but it is something that we’re constantly looking to improve upon and I think you’ll really enjoy it.
DISCLAIMER: Past performance is no indication of future performance. Any information contained within this article should not be relied upon as investment or financial advice. Before acting on any information please speak with a qualified investment adviser, accountant and solicitor. To the extent permitted by law, BuySide Pty Ltd and its associates will not be liable for any costs, loss or damage arising in any way from the information contained within this article.
Need some expert property advice?
Purchasing and managing an investment property can be both stressful and time-consuming. This is where an expert property consultant can assist. Whether it be assistance with purchasing a property or a full property management service, a property consultant can help you with your investment. If you would like talk to an expert about the options available, please contact us for an introduction to Josh Masters.