The Science of Flipping - Episode 41 – Interview with Pat Precourt – 6 Primal Life Pillars | Real Estate Investing Podcast

Episode Date: July 22, 2014

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Starting point is 00:00:00 Welcome to the Science of Flipping Podcast. I'm your host, Justin Colby. Welcome, welcome, welcome everybody to the Science of Flipping Podcast. I'm your host, Justin Colby, and today, guys, I have an incredible guest. He is a close friend of mine. He has been a mentor to me for years, and before I introduce him, which I'm very excited to introduce him, I just wanted to kind of get some of the logistics out of the way. If this is your first time listening to my podcast here on iTunes, make sure you get over to the website, thescienceofflipping.com. Download our free e-book about the 15 most costly mistakes a real estate investor can make in today's market. And more importantly than that, we're going to be giving
Starting point is 00:01:00 you some very cool information, some insider secrets here in the coming weeks. So make sure to register, get your free e-book, but also be registered to get that information that's coming in the next coming weeks. Very excited to get that out to you. And so that is that. Now, as you all know, this podcast is all about being able to create a lifestyle that you want while being a successful real estate investor. And so a lot of people feel like they're working 60, 80, 100 hours a week as an entrepreneur or real estate investor, Eddie Rosefield, have built a business that has been systemized and organized so that we are able to live the lifestyle we want and flip homes while on vacation, while in different countries, by the comfort of our own home.
Starting point is 00:01:57 And it all comes down to having systems in your business, and that's what I try to do here each and every week here on the Science of Flipping podcast is to educate you about mindset, systems in your business, organization, so that you can end up living the life that you really want. I think that's an incredible precursor to why I have my good friend Pat Precourt here on the line. What's going on, Pat? How are you? I am doing absolutely fantastic and absolutely honored to be here with you today, Justin. Yeah, I'm honored that you're on here with me. I know you've taught me so much over the last seven, eight years.
Starting point is 00:02:39 We've become very close friends, which has been really the silver or golden lining for me is our friendship that's developed over several years now. I'm just so excited for you to be on here and really give our listeners what, in my mind, would be one of the most important messages anyone can hear, but even more so any entrepreneur. I really appreciate you being here. Yeah, pumped to be here and ready to rock and roll. And I think for all your listeners, we're going to take another path today, having listened to your previous podcast, and they are awesome, by the way, but we're going to take another path to achieving wealth and prosperity. And that's kind of what I want to bring to the table today, Justin. Yeah, no, I'm excited about this call because as we know, we've been talking quite frequently recently and I've been talking to you kind of
Starting point is 00:03:37 more about mindset and abundance and wealth and opportunities and things that come across our table as you become more and more successful and how to handle them and how to deal with personal life and relationships and money and business. And so I'm excited to start talking to you today and have our listeners hear what you and I have been tabling over the past several months about business, about personal relationships, about money, and really your philosophy about the foundation of abundance and of a wealthy life, right? Not wealth in terms of necessarily how many zeros in your bank account, but truly
Starting point is 00:04:20 having a wealthy life, a life of abundance. And I think it's going to be an incredible podcast. So, um, again, let's just start rocking and rolling. And why don't you kind of lead us off with, uh, the idea behind what we've been talking about for several months and, and we'll just kind of organically let the conversation go as if, you know, there weren't thousands of listeners here on the podcast. So why don't you start us off with the idea about what we've been talking about? Yeah, well, you know what? We've got to start then with a discussion, Justin, about money.
Starting point is 00:04:55 I'm a firm believer that we were all designed to achieve and receive outrageous abundance in our lives. I know it to be a fact. I know it's kind of funny if you want to look know it to be a fact. I know it's, you know, it's kind of funny if you want to look at it from a biblical sense. The Bible is the greatest prosperity book ever written. Contrary to kind of there's like, you know, we're oftentimes brought up in such a way that we believe that there's something wrong with money. And you hear that old cliche, money is the root of all evil. And I believe that to be absolutely 100% untrue. As a matter of fact, it's a fallacy. It's a big fat lie. Poverty
Starting point is 00:05:33 is the root of all evil. Poverty is the sin, not money. And what poverty does to people, poverty puts more people in our jails than any other causation. Poverty is demeaning. It's degrading. It keeps people down. It breaks good people. It turns great children into, at times, criminals, right? Poverty is evil here. So just as we get into this discussion, let's all agree that there's nothing wrong with money. And there's nothing wrong with having ungodly amount of abundant amount of money. Now, to be clear, too, the statement that money is the root of all evil, money is not the root of anything. What money is, money is a magnifier, Justin.
Starting point is 00:06:24 What money does to you, it magnifies who you already are. So in other words, if you're an egotistical, greedy, mean, nasty person, guess what? That will get magnified with money. Your greed will get more visible to everybody. It will become bigger. However, if you're a person of abundance, a person of love, a person of great gratitude and charity, guess what? That generosity will flow as well. That will increase and get more seen with money as well. Money is not the root of anything.
Starting point is 00:07:03 It's a giant, massive magnifier. And I believe that we're all designed to receive and achieve massive amounts of money. Now, you know, something you and I have been talking about, and to put this in context for the listeners, I'm 47 years old. I've been an active real estate investor since the mid-late 90s. My first short sale was done in 1999. So you guys have a bearing on this, right? I've been married for 21 years. Just had my 21st anniversary, and I have three awesome kids. My son is 17 years old.
Starting point is 00:07:39 My oldest daughter, Sammy, is 13 years old. And my youngest daughter, my little Danielle, not so little anymore. She's nine years old. Wow. Yeah, pretty wild to me. Something, Justin, that I practice myself and I preach and teach on a regular basis, the idea that you can indeed have absolute phenomenal wealth and achievement in that area, and at the exact same time have an outrageously successful,
Starting point is 00:08:11 call it a personal life. You don't have to sacrifice your family, your friends, your spouse to achieve wealth. For some reason in our society, there's like a connection that if you're going to make it big, you got to do it at the perils of what's most important to you, that you have to go through devastating bankruptcies, that you have to go through multiple divorces, that your kids have to hate you in exchange for achieving wealth. And I know that to be absolutely false because that's how I live my life, which is purely not by chance, but absolutely by design. Can I share a definition of wealth with you? Absolutely.
Starting point is 00:08:54 Yeah, I've kind of rounded this out over time. So it starts out with the title, outrageous abundance. You obtain true wealth by living a life doing what it is you're truly passionate about in a way that serves others to the highest order, never settling for standing, still living in accordance to your strict code of honor, and having 10 lifetimes worth of fun doing it. Now, when you look at that definition of wealth, outrageous abundance,
Starting point is 00:09:25 and it doesn't specify specifically money or monetary rewards, abundance in all areas of our life, emotionally, mentally, spiritually, physically, in our health, right, in all areas. And you obtain this by first doing what it is you're truly passionate about in a way that serves others to the highest order. In other words, you do what you love to do and you bring it to the world in such great value that you're abundantly rewarded with what I like to call thank you notes. Those little greenbacks that we get paid back with, those are thank you notes and are given to you
Starting point is 00:10:01 when you bring great value to the world, to the universe. To obtain true wealth by living a life, doing what you're passionate about, doing it in a way that serves others to the highest order, bringing great value to the world, never settling for standing still, meaning that we'll never normalize. What I mean by that is when we're challenged with circumstances, oftentimes circumstances that we feel are outside of our control, one way of turning the challenge down is to normalize it, accept it for what it is. Like this is our new normal. Almost like, you know, if the weather here in New England, I live up in Connecticut, it was colder and colder and colder. I can normalize and just accept this as New England weather. I can say, no, I can make an intentful decision here and get the heck out of here.
Starting point is 00:10:50 This doesn't serve me any longer. So never settling for standing still. Living life in accordance to your strict code of honor, which if we have time, love you to ask me about that because that's a key component to successfully pulling off an outrageously abundant business, but at the same time, making sure that what's most near and dear to you is outrageously successful as well. And that, of course, again, is you yourself maintaining a high level of respect and love for yourself and then your family, your wife or your husband, your kids, and all those who are important to you in your life.
Starting point is 00:11:27 And mind you, I threw in there, Justin, loving and respecting yourselves because it's easy to lose that when you don't follow a strict code of honor, a strict code of conduct, the laws that we live our lives by. And then finally, having 10 lifetimes worth of fun doing it. There is no way to have fun, legitimate, bonafide fun, unless you know you're doing things the right way. So when you abide by these simple descriptions of true wealth, now the world is at your fingertips. Kind of cool, right? It is. It is. It's really impactful and it's been impactful to talk to you more about these ideas.
Starting point is 00:12:10 And I wanted to just take a break, guys, and for everyone that's listening, and I know everyone's ears are already perked up. You've talked on great subject matters that everyone's interested in, so I just wanted to give everyone an outlet to further get to know you. If you guys want to hear more from to further get to know you. If you guys want to hear more from Pat, get to know Pat. He has coached hundreds and hundreds of people in business, real estate, and just on life. His website is Patrick, P-A-T-R-I-C-K, Precourt, P-R-E-C-O-U-R-T.com. PatrickPrecourt.com. He is my friend, my mentor. So if he's good enough to mentor me, he's good enough to mentor you guys. Get over there if you want to
Starting point is 00:12:55 know more about him and what his missions are. So I just wanted to take a break to let everyone know where to kind of find you and learn more about you. But I think one of the things that I wanted to continue this conversation on, and you've already hit on several of them, but you have what's called, you termed or named the six pillars of success. Is that correct? Is that the name of what it is? Yeah. Six primal life pillars. Six primal life pillars. Got it. Yep. Six primal life pillars. Six primal life pillars. Got it. Yep.
Starting point is 00:13:25 Six primal life pillars. These are what I consider as a foundation to receiving abundance in your life. And let me just qualify that by saying true abundance is not just money. If all you receive is money and everything else falls flat on its face, you're not living a life of abundance you're you're living a kind of a life of scarcity and it's not it's truly not sustainable um you know without getting too far off base here but you know we all have basic human needs that we need filled um of a couple of those that are so relative here is that we want to always feel like we're growing, we want to always feel like we're significant, and we want to always feel like we're contributing.
Starting point is 00:14:09 And those kind of bind us to following a code in our lives to achieve wealth and abundance. And if you're curious what the other ones are, having consistency in your life is a basic human need, but also having variety in our life is very, very important. And that's kind of our desire to do things that are outside of our comfort zones, that bring us to a spot that does, you know, give us a shiver. The shivers a little kind of give us the goosebumps.
Starting point is 00:14:40 And it's, you know, not knowing. That's trying things that we may not know the outcome of this. And that's something we need fulfilled on a regular basis. And then the sixth one is just your love, your connection, how people fill the role in your lives. done in such a way that you're not leaving any of these areas that are significant to us being happy being fulfilled um when not leaving any of those alone you know if you ask a simple question hey pat what do you believe is the highest level of um achievement and i said well let's rephrase that because we always focus on achievement. And achievement is very much measured in tangible items. It may be how much money we make, how many deals we do, how many clients we bring in.
Starting point is 00:15:33 If we're talking about high levels of satisfaction, then let's forget about the word achievement and measure it in terms of fulfillment. Because no doubt, I'm sure you know people like this too. I know a lot of people who have achieved a lot of things in their lives and they have a lot to show for it. Big bank accounts, tons of toys. And make no mistake, I love toys. I'm an advocate of having toys. Yeah. What guy isn't? Yeah. Right. Right. But not, not again at the sacrifice of other things that are that are more important um fulfillment however i know to carry that thought i know people who've got lots of stuff and are bankrupt in the areas that are most important to them right no they
Starting point is 00:16:22 don't have anyone who truly loves them anymore. You see this all the time on TV and people who have rose to significant amounts of affluence, but did it with train wrecks behind them, destroying what they have, sacrificing things to get there. So the word I'd rather use is fulfillment. What does it take to truly be fulfilled? And you cannot be wholly fulfilled with simply monetary gains, materialistic gains. And anyways, the highest level of achievement there or fulfillment that you can reach is to become self-actualized, to achieve your potential. And we all have a massive amount of potential, God-given potential,
Starting point is 00:17:07 that it's our job to strive constantly every single day to achieving. And this is where we're most fulfilled in terms of we're constantly growing. We find significance. We're constantly finding variety in our lives. We're contributing. It goes on and on and on.
Starting point is 00:17:27 So that's kind of my short, but I can go on all day on it, but that's my shortest description of how to become most satisfied in what we do. Now, a lot of our listeners right here, Jason, are in the real estate investment world. And one of the things I would say to you, and I haven't been a real estate investor since the mid-late 90s, okay, understand where the place real estate sits in our bigger picture. It's not the end game. It's a means to an end. You have a bigger purpose as to why you're here, and it's our job over time to constantly figure that out. Let me just share, Justin,
Starting point is 00:18:08 a little story with you. You guys have probably heard this because I didn't come up with this story. I've just heard it a long time ago. And it goes something like a man meets three workers on a building site. And he goes up to the first one.
Starting point is 00:18:23 He goes, so what are you doing? And the guy kind of looks back, exhausts his little dripping wet hot day, kind of frustrated, freaking out. He goes, I'm laying bricks. He goes up to the next one. And he says, well, what are you doing? And this guy, with a little more enthusiasm,
Starting point is 00:18:39 because he was feeling he was accomplishing something. And the first guy is just looking at brick, done, brick, done, brick, done. Next he says, I'm building a wall. So this man now sees in his mind the bigger picture. Each one of these bricks is part of something that's a little bigger than a brick in and of itself. But that guy is still looking at his watch, can't wait for lunchtime break man walks up to the third worker and he asks him the same question he looks up with a big bright smile on his face so i'm building a church
Starting point is 00:19:15 and the significance in the difference in the way these three men did the exact same task had to do with understanding that the difference between what you're doing as a as a means to an end versus being an end that's part of something much bigger and it also at the exact same times and provides guidance along the way no doubt come the end of the day in the hot sun it's very easy for the man, laying one brick at a time, to just give up, and quit for the day. But the other man, doesn't see a brick.
Starting point is 00:19:51 He doesn't even see a wall. He sees the entire building, filled with, wonderful people. So his job is to get much, as much as he possibly can, each day, to achieve that,
Starting point is 00:20:01 much greater outcome. I want everybody to look, at their business, that way. We're so gifted, Justin, all of us. Everybody's listening to this with wonderful, magnificent gifts. And in my interpretation of this, we have not only a right, but a responsibility to prosper these gifts, to self-actualize these gifts. And in doing so, we will be rewarded with outrageous abundance along the way.
Starting point is 00:20:36 And I know that one of the key words that's been flying around, whatever, the internet, movies, whatever whatever is the word abundance and we've been hearing a lot more that over the last several years and what I'd like to do now is maybe ask you to define that actual word a little bit more for our listeners because I think a lot of people have heard it as just a key word or a you know one of those things, I live my life with abundance. But what does that actually really mean, Pat? Help me define the word abundance because I truly believe unless you've done some deep, deep soul searching, unless you continue to make yourself better through readings or some sort of education and meditation and possibly praying, I'm not sold that people
Starting point is 00:21:27 really even understand what the word abundance means. Okay, yeah. All right, so let's start with the idea of, and this may just take me a second to get to this, okay? Abundance is not money, okay? Money can be a part of abundance. A big yacht is not abundance. A yacht, however, can be part of abundance. A Maserati is not abundance. However, it can be a component of abundance. I was talking to a young couple earlier today, starting out. They really have very little money, but their spirit is huge.
Starting point is 00:22:12 They're ready to take on the world. They're already living a life of abundance. They don't sense lack in their lives. It amazes me that they do already understand some basic principles okay so if you're saying well how do i work towards achieving abundance because abundance is it's an attitude it's a discipline it's a commitment it's how we feel so it's mental it's emotional it's in action it's all of, right? It's not just one of those. And the simplest explanation towards achieving and starting down the path of achieving abundance right now has to do with how you look at competition, what you do,
Starting point is 00:23:00 and how you look at competition in yourself. So follow me on this, okay? The moment you lay eyes on a competitor, and I know, listen, I did this for many years in my younger years, Justin. I'll lay that company, I just showed up, they're marketing all over their competitor. I could easily do that in one of the fitness centers that we own because there's cheaper gyms
Starting point is 00:23:21 popping up all the time all over. The moment you look at a competitor, you start reacting to a competitor. And the moment you do that, you give them the advantage. Okay? Participants react. Creators force others to react. Abundance is established and achieved through the creation.
Starting point is 00:23:43 It's not gathered through participating or spectating. Those happen to be the three roles you can play most anything you do. You can either be the creator, the causation, the one that everybody else is reacting to. You could be the participant. Now you're reacting to the creator. You're playing by their rules, doing the best you can, or the spectator, the one who sits it out and then typically whines and complains and criticizes from the outside in. See the three different roles there? Abundance is acquired through creation. And then number two, and this goes back to the idea of competing.
Starting point is 00:24:22 There's only one person, one company, one team, one anything that you compete with, and that's you from yesterday, your team from yesterday, your company from yesterday. And the competition goes like this. Your job is to beat your yesterday, period. That's it. Because that puts us in a constant state of growth, a constant state of variety,
Starting point is 00:24:49 a constant state of stepping outside of our boundaries, challenging us at all levels, adding significance to our lives, contributing to the greater picture. It hits all of the elements. And that's how we acquire abundance. And I know that was a roundabout way of getting to abundance. So what is abundance?
Starting point is 00:25:06 Abundance includes having not just enough money to get by on, but enough. Remember I said it was a magnifier? So you can start expressing yourself how you truly want to. You can start leaving your legacy. So you can start showing the world who you really are. You need money to do that. Some will argue you don't need money. Yes, you do need money to do that.
Starting point is 00:25:30 And you need money to be able to take breaks to recover mentally. You need money to get the proper health care in terms of being able to find time to go to the gym, put the proper food in your kitchen, all of those kind of things. Money is a piece of it. Do you absolutely need it to survive? No. Is it part of having abundance? Oh, yeah. Having healthy, strong, personal relationships. Absolutely. And I told you, we mentioned this earlier, but in all that we do, my life is guided by a personal code of honor.
Starting point is 00:26:06 It's a roadmap. It's a set of laws that dictate how I run my life. One of them, for example, says that I'll surround myself with people that expect more from me than I do and will hold me accountable. Now, these are people that I honor, love, and trust, that I rely on. And I'll surround myself with these people because I know they'll expect more from me today than they did yesterday. They'll keep me on the path to a steady path of being able to receive abundance
Starting point is 00:26:34 at will. That's in our code. In our family code, there's a very, very strict rule in there. It says we have no exit clauses, period. I told you we've got a family, three kids. My wife and I have been together for 21 years now. We all think differently. I have two teenagers. Are you kidding me? Of course, we have conflicts. Of course,
Starting point is 00:26:59 we have disagreements, but guess what? We have a commitment that we'll still always love and respect, honor each other. We'll treat each other with that way, and nobody can walk out on anybody, period, no matter how pissed off we are. That's our rule. See, one of the fundamental reasons, Justin, why we have a code of honor, and we should have one personally. We should have one in our businesses, okay? Because it represents who you are and where you stand. But it covers your butt when emotions are high. You know the old saying that as emotions go up, intelligence goes down, right?
Starting point is 00:27:30 And of course, we're human. We're all emotional. Raise your hand if you ever said anything really stupid to a spouse in the middle of a fight. And it was going to have consequences. I just put two hands up. You can't see me, but I did. Of course we did. And let's take one of the lamer examples of people in their cars
Starting point is 00:27:54 doing stupid things and defining it as road rage, right? Now, the fact is you got stupid and you did something stupid in your stupid mode. As emotions go up up intelligence goes down you know um so you're building you build in as part of your code rules that you honor and you know one of the things i found as i introduced this concept to people and then check in on the use of it is there's one fundamental reason, Justin, why we would not build on a code of honor.
Starting point is 00:28:33 Because part of building on a code of honor is giving those around you, those who you love, trust, and honor, the unequivocal ability to hold you accountable to your code, right? Yeah. And that happens to be the one reason why people don't commit to a code of honor because they don't want to be held accountable
Starting point is 00:28:52 interesting isn't it and i'd say this to you and this has to do with you know living a life of abundance living a life abundance means you have to love and respect yourself. And the only reason why you would not want to be held to a code of honor, a code of honor that you wrote, that you know allows you true abundance in your life. The only reason you would not want to be held accountable is because you lack a little either in love for yourself or respect for yourself. And that's something that's got to be identified and fixed up. And make no mistake, it's all fixed. You want to hear something really cool? Yeah. Just let me think about this because a common discussion I have, and I hear this all the time, has to do with our past and our past affecting our future.
Starting point is 00:29:33 You have that brilliant, brilliant speaker and orator, individual Tony Robbins, who's always proclaimed that your past does not equal your future. Your past does not equal your future. Your past does not equal your future. And I know exactly what he means by that, but in those simplest terms, I absolutely disagree. Your past does equal your future. As a matter of fact, it dictates your future. It lays out the roadmap of your future. Now, this is good and bad, but follow me on this,
Starting point is 00:30:04 and I'll show you what I challenged here, okay? Your future, the results you get in the future are based on actions you've taken, correct? Or going to take. Those actions are based on decisions that you had made right before the action, right? And your decisions are predetermined by your belief system, by previous experiences, things like that. That's what shapes our ability to make a decision, right? Well, where do experiences come from? The past. So if your experiences shape your decisions, shape the actions you take, the
Starting point is 00:30:41 results you get, then of course your past lays the track work for your future. You can create your future from your past. But you're like, well, Pat, it's already in the past. This doesn't make sense. Now, follow me on this key part here, okay? Look at your past as you know it, right now, as your history. History we can't change.
Starting point is 00:31:06 But your past is created in the present by being absolutely present here and now and with clear intent, making decisions and taking actions to create a past that outlines exactly what you want in the future so in other words your past created in the present dictates your future does that make sense it absolutely does it absolutely does and people you know i do a lot of reading myself and i'm always trying to better myself as a you know coach a coach and a man and a boyfriend and a friend
Starting point is 00:31:46 and the whole thing. And I think too often people get way too caught up with what you would term maybe your history or other people would say your past. And they don't take enough time to focus on the present and the here and now because they're always thinking or forecasting the future, which both of the past and the future tend to raise people's stress levels because they're thinking about the future and what's to come or they're remembering an instant in the past. So absolutely, you're creating your past right here, right now. Five minutes ago is our past, what we were talking about. Exactly. And absolutely,
Starting point is 00:32:25 for all of you out there, your decision to be on this call is now in the past. And whatever you take away from this call now, it's changing the trajectory that you are on going forward. And every single decision we make every single day alters that trajectory that we're on in life. It's that powerful. But that's also why, Justin, it is so critical that we do not live a life of unconsciousness, that we're conscious every single day and we do things with intent. Everything's done with an intention.
Starting point is 00:32:57 Your life design should be by design. It shouldn't just happen. You say, well, Pat, how do I do that? I'm giving you the, I'll tell you, I've only shared this once before and the way I'm explaining this, I'm giving you the absolute, this is the secret that everybody asked for. You can outline your future today by creating in your mind exactly what you want that future to look like and put that on point B. Where you are right now is point
Starting point is 00:33:25 A and outline specific steps and actions that move you directly towards the outcome you want in the future. Those will be the decisions you make, the result, the outcome, the actions you take and the results that you get that are now paving your path to achieve your future. It's that black and white. It's very easy in our world to get caught up in a unconscious state especially when things aren't going right and that's when quite honestly we have to be most conscious or something will you know something will happen such as will not make a decision because it's one that's hard to make which effectively is making a very clear decision just not ours and that will absolutely adversely affect the trajectory that we're on in life.
Starting point is 00:34:09 This is a common conversation, Justin, I have with a lot of people who hit roadblocks, who get stuck, who feel they're swimming upstream all the time, feel like there's an invisible guy behind the door beating them down. And the antidote to them or to that is they think well working harder fixes it and quite honestly it doesn't working harder you get more of the exact same thing that you've been getting interesting right it is it is and we could go off on a million different topics on this but let me i know we're starting to get a little longer here in time let me throw a couple things at you okay and once we're now we're into this topic of working harder.
Starting point is 00:34:48 Okay. His universe is very abundant. It's very generous and allow you to have whatever you want. That's a 100% accurate statement. Okay. The question then is, how do you ask for what you want? Right. Fair question. The answer, the simplest answer to that, okay, is you ask for it through your thoughts and through your actions.
Starting point is 00:35:17 Well, you say, well, that sounds kind of easy, but the reality of it is no. And here's why. The universe does not filter and it does not disseminate good for bad, wrong from right, what you think you want and what you're asking for. And it will accept any message you send to it. Your messages are pretty much anywhere your mind goes. So follow me on this, Justin. This part's very important. Any thought that we hold, the longer we hold it, the more likely we are to attract thoughts just like it. And we can only hold, and we've all heard this before, a positive thought or a negative thought.
Starting point is 00:36:01 Never at the same time. One or the other. The moment we worry, is that a positive thought or a negative thought never at the same time one or the other the moment we worry is that a positive thought or a negative thought negative negative negative and guess what the universe hears it and starts sending you exactly what it believes you're asking for remember i said you ask for it by where your mind goes. So how about when you're stressed about something, positive or negative? Negative. How about when you're focusing on things you don't have, you feel like you lack? Negative.
Starting point is 00:36:39 How about when you look at the next guy and you want what they have? Negative. These are all messages, clearly, as far as the universe is concerned, what you're asking for, and it returns to you exactly what you're asking for. Some people right now are afraid to think. That's great. Now, do I go negative sometimes? Yeah. You know what I do to stop it?
Starting point is 00:37:05 Bam, right there. I either voice to myself Yeah. You know what I do? Stop it. Bam. Right there. I either voice to myself or I voice out loud right there on the spot. As soon as I start going negative, I'm bigger than this. Period. I'm bigger than this. That reminds me that that will not serve me in any way, shape, or form. Talking about other people.
Starting point is 00:37:22 Negative. Now, it gets more challenging justin okay but the beauty of this is understanding this segment allows us to attract from the universe everything that we could ever imagine okay absolutely absolutely and i think um you know at the end of the day we are getting a little long on, but I think this is exactly where people need to leave off. I think this is the message that at the end of the day, we all need to hear. I think for those who have been applying this message, this is why you've been able to create what you've been able to create in a successful manner and a life of abundance. But this is where I think this podcast is now going to end, Pat.
Starting point is 00:38:03 This is exactly the message that I think our listeners need here at The Science of Flipping. And you couldn't be more right on. As you know and as you do, I read a lot of different books from business books to personal development books. Just finished a great book for the second time called The Four Agreements, which was great. Talks a lot about this, especially about not talking negative about people or not thinking in a certain way. I'm reading a book right now by Dave Ramsey called Entree Leadership. Great book. Not sure if you've read either one of those, but they all are talking about the same ideas that you're talking about here, Pat. Awesome.
Starting point is 00:38:45 Let me add one more thought to this. Okay, I'll wrap this call up, okay? Picture the idea, and if I mix up my colors, okay, just let it go. Okay. So picture the idea. Say what you want in life is represented by the color blue, right? You want blue. Everything is blue.
Starting point is 00:39:09 But you're walking down the street and you see, well, you see blue. You're like, blue, that's really cool. I want blue, blue, blue, blue, blue, blue. But then you walk a little further and you see another color. This other color represents distractions in our lives, okay? Blue represents what we want. This other color, yellow, represent distraction. Look, look at that yellow. How beautiful this yellow is. Wow, looks like a freaking canary. It's fantastic. Oh, look, more blue. Oh, look, more yellow. Oh, yellow. Wow, yellow. Guy's even got a yellow car.
Starting point is 00:39:47 The universe receives all messages. Every thought you create goes out to the universe and never stops. As all forms of energy, energy cannot be destroyed. What do you think the universe returns back to you? Do you think you get blue? Nope. Nope. What's blue and yellow?
Starting point is 00:40:10 Green. You're like, what the hell do I do with all this green? That's in my life right now. And our common response in our working lives is to do more of what we're doing. Work harder. Work longer. Do more. response in our working lives is to do more of what we're doing work harder work longer do more and all we'll get with that lack of clarity with that lack of a clear vision without a code to run our lives by all we'll get is green interesting isn't it absolutely Absolutely. Absolutely. Okay, brother. It's great. And you know, listen, I really appreciate you coming on here. I really think it's a message that most all people need
Starting point is 00:40:52 to hear, whether you're a real estate investor like we are, whether you own your own shoe company, whatever that is, most people, especially entrepreneurs, need to hear this message. And if you're not an entrepreneur, that's okay too, because this message is universal. And so, Pat, I greatly appreciate you coming on this call. Again, PatrickPrecourt.com. Get to know this man. He's an incredible speaker. He's an incredible mentor and motivator as well. So, Patrickprecourt.com. Thank you, sir, for coming on here. Awesome, brother. Appreciate it. You guys have a great day. All right. All right, guys, that is the last of podcast episode 41. I'm Justin Colby as always. I hope this kicked your butt the same way it kicked mine. I love having these conversations.
Starting point is 00:41:43 If you want to know more about real estate investing, working with me, my team, or me helping you guys get to that next level, whether it's mental like today's podcast or the X's and O's of real estate investing, go to our website, thescienceofflipping.com. There's a tab, coaching. Go ahead and fill that out.
Starting point is 00:42:00 I will personally reach out to you or you can email my assistant at info at thescienceofflipping.com. That's all we got for today, guys. I'm Justin Colby signing off. Peace.

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