Epic Real Estate Investing - How to Start Over | 933

Episode Date: February 19, 2020

Starting over in life is impossible without one specific distinction. If you're contemplating how to get the wheels turning, tune into this episode and listen to Matt who breaks down the key thing for... successful Do-Over! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 This is Terrio Media. Success in real estate has nothing to do with shiny objects. It has everything to do with mastering the basics. The three pillars of real estate investing. Attract, convert, exit. Matt Terrio has been helping real estate investors do just that for more than a decade now. If you want to make money in real estate, keep listening. If you want it faster, visit R-E-I-A's.com.
Starting point is 00:00:37 Here's Matt. Hey, Matt here. Welcome to another episode of the Epic Real Estate Investing Show. It is way back Wednesday. This is the day where we reach back into the archives and pull out old classic episodes. And we've been reaching back into the archives of the Do-Over podcast, the podcast that started it all. And I got another great one for you today. Enjoy.
Starting point is 00:01:03 During an era where countless people, businesses, and organizations are feeling the pinch, running out of time, running out of money, losing confidence, feeling as if life is unfair, praying for another chance, and unless something is done, life is going to pass them by. Fortunately, in the nick of time, there is now a place where the ignored, underestimated, and unknown steps to producing results, and making life work are revealed. Save your career, save your business, save your health, save your relationships, save your life. Get from where you are to where you want to be, faster and with greater ease than you ever thought possible. Say hello to your do-over. Welcome to your do-over, the place where I show people
Starting point is 00:02:00 who want more out of life. People dissatisfied with their current situation, people who are sick and tired of being sick and tired, or even people that are cool with life, but just want more out of it. This is the place where I show them all how to start over and begin a new life setting goals and objectives so they can create wealth, create financial freedom, create the lives of their dreams, and live that life to the fullest. You can get your do-over started fast by laying a solid foundation when you download the three pillars of creating the ultimate do-over. And you can get that for free at free-dover.com. It's a 55-minute MP3 audio program that I made just for you with three specific steps on how to get success as you start
Starting point is 00:02:46 over and it's yours for free at free do-over.com. Okay, so I've got a few questions for you today. Do you remember when Michael Jackson won the Artist of the Century Award at the American Music Awards? And the first time President Bush, that would be George W., the first time he was, the first time he used the term axis of evil in reference to regimes that sponsor terror. And speaking of terror, do you remember John Walker Lind, the American Taliban? That guy was loco.
Starting point is 00:03:23 The Winter Olympics in Salt Lake City. Do you remember that? How about, do you remember when Kelly Clarkson won the first American Idol? Do you remember that? Doesn't seem too long ago, does it? And here's one that's near and dear to my heart. Do you remember when the RIA filed a lawsuit against all internet users for downloading music online? Obviously, they weren't too successful, were they?
Starting point is 00:03:47 I mean, if they had been, who knows, I might not be here right now. Do you remember when Roy, of Sikrit and Roy, was attacked by his white tiger? That was crazy. Or when the U.S. Department of Homeland Security was created. Or shortly thereafter, the U.S. troops, they captured Baghdad and that giant statue of Saddam Hussein came tumbling down. We all remember that image, right? It was pretty vivid. That was April of 2003. That was just shy of a decade ago. That was almost exactly nine years ago. So take a moment and think about all of that. Do you remember where you were when all that stuff was
Starting point is 00:04:24 happening? I mean, what were you doing? What was life like for you? Who were you spending most of your time with? What were you doing for a living? Were you even working? Who knows? If someone were to ask you then, what will you be doing 10 years from now? What would your advance of answer have been? Are you today doing what you wanted to do back then? I mean, a decade, it can zoom by, can it? I mean, we only have so many decades here on Earth, and certainly not enough to squander any of them.
Starting point is 00:04:59 Time is precious. But regardless of what your last decade was like, whether it was a terrible time for you, or even if it was a great decade, it was a great time. Whatever it was for you in the past, that's exactly what it is. It's the past. It's done. It's over.
Starting point is 00:05:17 There's nothing we can do about it. It's gone. So, considering that, the more important thing probably to focus on is, what is your next decade going to look like? Where do you want to be 10 years from right now? Who will you be spending most of your time with? Where will you be living? What will you be doing for a living?
Starting point is 00:05:39 Or do you plan on retiring from work by then? You don't have to retire from life, but you can retire from work? What can you do today that will begin to create that for you? What can you do right now? You see, this next decade, it's going to happen whether you choose to take control of it, whether you choose to seize it or not.
Starting point is 00:06:02 But it's up to you to create it. nobody, absolutely nobody is going to do that for you. So, when would be a good time to get started? Or maybe I should say, when would now be a good time to get started? You know, this week, I received an email as from Gary Connors, down under, from Australia. Isn't that amazing? I mean, I think that's so amazing. This show with absolutely no effort on my part actually really,
Starting point is 00:06:34 reaches Australia and touches people there. I mean, that was absolutely impossible a decade ago. I mean, iTunes itself was launched just nine years ago. I mean, a lot can really change in a decade, can it? I mean, it can just zoom right by. I mean, this is just normal everyday stuff now. It's a part of life, of which many couldn't even imagine going without their digital music or their audiobooks or their podcasts.
Starting point is 00:06:58 Of which 10 years ago, in the way we consume this information right now, it wasn't even a thought to us. I mean, maybe it was a thought to Steve Jobs, but it wasn't to us. We were happy with our CDs at the moment, right? We were happy with going to the music store and the Tower Records and the Virgin Records stores and buying our stuff.
Starting point is 00:07:19 Anyway, Gary is at the beginning of his do-over. He's 32 years old, and something has happened in his life where he's being forced to do-over. And he sent me an email asking for some advice. And he shared with me that he frequently gets disheartened and frustrated. And he slips back into old habits. Very common emotions when you're doing over,
Starting point is 00:07:43 when things were going good and now they're not going so good right now. And right now he's working a very unrewarding job. And he feels really that he has so much more to offer the world and he feels his life is just passing him by. He feels he's wasting his life away. and he mentioned that he can really relate to my experience of that one day when I went out to the car and I put my head on the steering wheel and I started to cry. I was a grown man, 34 years old, a little older than Gary.
Starting point is 00:08:13 So that's good news for you, Gary, if you're listening. You got a two-year jump on me. And I started to cry and I was a really low point in my life. And I've shared that several times on the show. And, you know, Gary, he was very generous in his comments to me and very, very, very, very complimenting of the show, and he's very grateful for this show. It's apparently touched him and affected him in many positive ways. But the email, it did have an overall sad and really almost a helpless feeling to it.
Starting point is 00:08:43 And he's also under the misconception that it's going to take two years to bounce back. That was the number he gave. And so I had to reply. I mean, I replied to all of my emails, but I had to address this one ASAP. It just kind of called to me. It spoke to me. and I responded to him and I was like, Gary, you know, you can view this turning point right now in your life in one of two ways. And this goes for you too.
Starting point is 00:09:05 This goes for you right now listening to me. You can be sad for what you've lost or you can be happy and excited and celebrate for what you get to have now. I mean, nothing in life is permanent. The good or the bad. So what you're experiencing right now will pass. But the good news is the best is yet to come. And, you know, it doesn't have to take two years either. You know, that one day when I had my head on the steering wheel,
Starting point is 00:09:33 feeling sorry for myself, I discovered a power. It was a distinction. A power that seems to be common knowledge. But sometimes, you know, when you actually take a power or you take a distinction and you actually implement it, then you really get it. You're like, aha, now I get it. And it's a power of which I've used ever since to transform. transform really every area of my life.
Starting point is 00:09:59 I've recreated my professional life to one that is so much more gratifying than my previous profession, my spiritual life to that where I continue to expand my relationship to God on a daily basis, and my family life to that of which I never even wanted kids before. That was never in the cards for me, no way, did not want them. And now it seems to have been exactly what has always really been missing for me. I can't even believe I'm saying that because if you would have asked me that two years ago, I would have told you that you were crazy. And even my physical health.
Starting point is 00:10:32 I mean, I'm finally on the right track. And I've shared that with you many times on this show. And that's been my one challenge. And you know what? I've found a path. And I'm enjoying every single second of it. Having lost 20 pounds already this year. And so far, I'm still going.
Starting point is 00:10:48 Not done yet. And, you know, this power has dramatically increased my level of confidence. and therefore it's increased my ability to take massive action around my goals and my dreams and therefore produce profound results, profound positive results. And this single power, or distinction rather, catapulted me from a moment of complete and utter despair of feeling alone and insignificant and like a has-been at H-34, crying in the middle of the day, in the parking lot.
Starting point is 00:11:25 I mean, I was a really pathetic case. I was all the way to a place of... And it is just... Gosh, I get a little emotional when I think about it, of how that actually looked from the outside looking in. But I remember how real it was to me on the inside. And looking back, that it really, you know, I had my whole life ahead of me.
Starting point is 00:11:45 I couldn't even see it. And this power, it's brought me all the way to a place of complete gratitude. understanding that the best in life has yet to even happen for me. That's my belief. I mean, with wisdom comes appreciation. And with appreciation comes gratitude. And you see, with gratitude, it's a very unique emotion because there's not a single negative emotion
Starting point is 00:12:12 that can coexist with gratitude. I mean, when you're feeling gratitude, you can't feel sorry for yourself. When you're feeling gratitude, you can't be scared. When you're feeling gratitude, you can't be mad. You can't be angry. You can't be bitter. Gratitude is very unique in that way.
Starting point is 00:12:32 When you're genuinely feeling it, nothing else can exist that's in a negative nature with that. And the more things in life of which you can be genuinely grateful for, the better life is going to occur for you. And it's this one distinction that I use on a daily basis is to keep my do-over moving forward. I explained a couple of shows ago, I'm not done yet. I'm continuing to shape my life,
Starting point is 00:12:58 and it's this one distinction that allows me to control how it's shaped. So, to what I'm speaking is, it's, you know, if we want to control how our lives are shaped, we must take control of our actions. But not just any actions, our consistent actions. You know, it's not what we do every now and then that's going to determine your destiny or where you end up. But it's what we do consistently that we all.
Starting point is 00:13:27 What we do day in and day out that's going to, you know, really manifest our destiny. It's going to determine where we go in life and how it turns out for us. And the distinction to which I'm referring is, I mean, what's at the core of our actions? What determines the actions or the consistent actions that we take, rather? I mean, and those actions, they determine, you know, who we become also. And who will be able to help and where we'll stand tomorrow and where we'll stand once it's all said and done. What precedes all of our action? Well, everything that happens in your life, both the good and the bad, was given birth to by a decision.
Starting point is 00:14:14 Decisions, that's the distinction to which I'm speaking. the daily decisions, the weekly decisions, the monthly and the annual decision, the decisions that you're making right now that will shape that next decade for you. I mean, if you right now are a result of all the decisions that you've made in your life, you will be a result in 10 years of all the decisions you make from this moment forward. And here's what I mean. You know, the moment in the car where I felt alone and, worthless. In an instant, I mean, an absolute instant, I made a decision that I was so much
Starting point is 00:14:54 better than what I was displaying. I made a decision that I wasn't just going to be thinking it in my mind, but I was going to actually do something about it. I had been sitting around for a year, thinking a lot, hoping a lot, wishing a lot, praying a lot. But I was seriously, seriously lacking in the doing a lot. So I made a decision that I was going to do something about it. I was going to do over. And yes, I mean, it may have taken me a year to make that decision, but that decision in all reality was really made in an absolute instant,
Starting point is 00:15:36 in an instant. It was made that quick. And Gary, that's what I mean when I wrote back to you saying, it doesn't have to take two years to bounce back. Decide now. And you too, you too listening to me, decide right now. You don't have to gear up for it. You don't have to prepare for it.
Starting point is 00:15:55 There's no getting ready to get ready. Just do it. Decide. Decide right now. Decide to take control of your next decade. It's going to happen whether you choose to make that decision or not. I mean, decide regardless of what your last decade was like. Decide that the next one is going to be twice as good.
Starting point is 00:16:17 good, if not more, three times, four times, ten times as good. That's just a decision. And, you know, it's no secret that Tony Robbins is somewhat of a role model or I get maybe even a hero to me. I just really resonate with him and what he has to say. And I owe a great deal to him anyway. You know, he has a quote in his book, Awaken the Giant Within, which I recommend everybody get a copy and read at least once a year.
Starting point is 00:16:48 I read it twice a year for the last, I think, four or five years. At least once a year. But he says that, you know, most people, they overestimate what they can do in a year, but they completely underestimate what they can do in a decade. That is so exciting to me when I think about that. As, you know, as big as my dreams are, and as big as your dreams are, you're shooting way too low. we are so underestimating ourselves.
Starting point is 00:17:17 I mean, isn't that exciting to know that you're capable of so much more? You're capable, regardless of what you think you're capable of, you're capable of more. That's exciting to me. It should be exciting to you. I mean, you are a human being, alive and well. A human being that possesses God's second greatest gift. You have that gift free and clear. You already own it.
Starting point is 00:17:41 It's yours. You have it right. now. It's the gift of free will, the power to decide for yourself, the power to shape your next decade. Yeah, sure, I know. You're different, right? You have reasons as to why you can't shape your life. You have excuses. You have conditions. You have all this stuff that makes you different, right? Sure, Matt, I mean, everyone else can shape their decade, but you don't understand my situation. I have a unique situation. It's different for me. Well, I have two words for you.
Starting point is 00:18:19 Hog, wash. You and I both know that there are countless people who are born with advantages, right? I mean, the silver spoon in their mouths, the genetics, the environment, the relationships, the supporting parents, all the advantages that make life easy for them. We know lots of people like that.
Starting point is 00:18:36 On the other hand, though, you and I also know people who have against all odds with seemingly every disadvantage in the world, we've seen them completely bust through and exceed all expectations. I mean, exceed what was thought to be their limitations. I mean, these examples, they're super easy to find now, too. I mean, if you don't know anybody, okay, go to YouTube.
Starting point is 00:19:04 After you're done listening to this, of course, and search for Nick Vuichik. The guy with no arms and no legs, you've probably seen it, that one video is very, received 8 million views, I believe, to date. One of the more inspiring stories and just, oh, you watch that and you can't help but me move. I mean, if you got a pulse, you will be moved.
Starting point is 00:19:29 Or Stephen Hawking, the professor, the, excuse me, the quadriplegician. And, you know, he communicates through a little computer and this little straw-like device. I mean, I know that's not the technical term, but that's what it looks like. And maybe that's bringing up an image so you know exactly who I'm talking about. I mean, when I see these guys and what they've accomplished and I see what they're up to in life, I look at whatever challenge or trouble or misfortune that I'm dealing with, what big, giant drama situation that I'm dealing with. And I just have to stop and laugh myself. I mean, just completely laugh at myself in a way that I've got so much to be grateful for.
Starting point is 00:20:10 And so do you. I mean, if you were going to gas at myself. in a circle, this giant circle within your community, I say, you brought everybody from your neighborhood out, and every person reached into their pockets and they grabbed all of their problems, and they threw those problems out on the ground so that everybody could see everybody else's problems, you'd bend down, pick up your problems with a swiftness. You'd put them back in your pocket and be grateful that everyone else's problems aren't yours. You'd be grateful for your problems. I mean, your problems, they may seem completely unsurmountable to you at the moment.
Starting point is 00:20:46 It's because they are your problems. I mean, no one's problems are bigger to anyone else than they are to themselves. Just be grateful that you don't have the other guys' problems. Suck it up. Decide. Decide what your next decade is going to look like. You can make your life an inspiring example on YouTube also. How? By simply making a decision today.
Starting point is 00:21:10 right now about how you're going to live your life from this point on. And if you don't make a decision right now about that next decade, how that's going to be for you, you've already made a decision, haven't you? Yep. Indecision is also a decision. You can't help it. There's no escape. You are making decisions every moment you're walking this earth, whether you like it or not. And if that's the case, make good, strong.
Starting point is 00:21:40 empowering, exciting, fun, and fulfilling decisions. You know, one of my favorite quotes comes from General Colin Powell. And he once said, you know, General Colin Powell is one of the greatest military leaders of our time. And he once said, indecision has cost Americans, American business, and the American government billions of dollars more than the wrong decision. Indecision has cost Americans more than the wrong decision. and in that quote, you could easily swap out dollars for lives if you want it. Indecision has cost more people their lives than the wrong decision has. Indecision is expensive.
Starting point is 00:22:26 It's costly. I mean, just letting life happen to you, not making decisions, is a very dangerous proposition. So, Gary, from Australia, buddy, decide. decide right now and pursue that comedy career find a comedic role model that has what you want to have study them find out what they did to get where they got create a correlating plan for yourself and then start executing that plan
Starting point is 00:22:58 with massive action and laser sharp focus that decision happens in an instant so when would now be a good time buddy Gary that goes for you to And I'll close with this. A decision is not a decision without action. Get that?
Starting point is 00:23:20 A decision is not a decision without action. If you haven't taken action, you haven't decided. So get up. Let's do this. I'll see you next week. God loves you, and so do I. I am Matt, the do-over guy, and I will see you on the next episode of your do-over.
Starting point is 00:23:38 Thank you for tuning in to your do-over where the ignored, underestimated, and unknown steps to producing results and making life work are revealed. And remember, knowledge is potential power. Take action on what you learned today. This is not your learnover. It's your do-over. To view the resources referenced in today's show and to retrieve a complete show transcript, visit www. Thedoverguy.com.
Starting point is 00:24:06 Stay connected with Matt the do-over guy Terrio on Twitter at the doover guy and on Facebook at www.com slash doover guru. This podcast is a part of the C-suite Radio Network. For more top business podcasts, visit c-sweetradio.com.

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