House Flipping – How To Kick Self-Sabotaging Procrastination To The Curb

Whether shopping for a home, investing in real estate, flipping your first house or launching your new business, procrastination can be lethal. So how do you beat it?

Procrastination – The Pinnacle of Self-Sabotage

Sabotaging, destroying your own life, or even just robbing yourself, and your family of their full potential isn’t about making the wrong moves, or wrong choices as much as it is just about waiting too long. In fact, making the wrong moves can quickly be countered if you can make decisions quickly and act on them. But even the greatest ideas and moves made a little too late can lead to financial disaster, or worse.

This is certainly true in business. Too many worry about perfecting everything before they get started, or keeping everything secret. Normally this is their downfall. By the time they get everything ready someone else has already come up with and launched the idea.

In real estate investing just a matter of hours can make all the difference. Take too much time to deliberate and second guess yourself and the deal is long gone. If you never get to actually invest that is far more damaging than whether you could have negotiated an extra $1,000 discount on a $100,000 property.

The impact of procrastination can actually be even more pronounced when it comes to buying a home. In a month or a year that same home could be worth $100,000 more. If interest rates go up too that could mean spending an extra money for the same home by the time you’ve paid off your mortgage. It sounds crazy, but that’s the dark side of procrastination.

When it comes to your health procrastination can be lethal too. Put off going to the doctor too long and it could literally be too late to save your life.

Of course, if you are a habitual procrastinator you already know this. The great news is that you took the initiative to get this far, and read this article. So how do you kick that bad habit to the curb so that you can get more out of life?

Acknowledge what is Holding You Back

In reality nothing is holding you back. But there will be plenty of excuses. Maybe even some of those concerns are partially justified (for a moment). So clear the path. List everything that is, or could cause you to delay action. List your fears, concerns, and unknowns.

Do it now. Write it down.

Then across from that list, on the same piece of paper or spreadsheet put the solutions. Maybe it is someone you need to meet or talk to in order to get an answer. It could be something you need to learn. Or a specific action that will minimize any risk, like making sure getting builders risk insurance is on your checklist. Get it all down now. Get equipped for success, and keep moving.

Have a Plan or System

One of the biggest reasons for procrastination is that people just don’t know where to start, or what to do next. They are just overwhelmed. I’m sure you can relate. So beat this by creating a step by step plan, or adopting an proven and tested existing system.

Change Your Perception

The reality really is that procrastinating isn’t just expensive, it’s robbing you of all the things you want most in life. It’s robbing you of more money, a new home, new car, your kids’ college tuition, the financial freedom you want, the ability to help others, and the chance to give your loved ones the best possible start in life. What you need to be afraid of is doing nothing.

Eat the Frog

Which is a great book by the way! If you put off the important things every day they are always there. It’s an ever growing cloud over your head, and that’s stressful. Try ‘eating the frog’ first. Do the one thing you really don’t want to first each day, then you’ll find everything else comes easier.

Reward Yourself

Need some extra motivation? Set up a reward system for yourself. Each time you take action, reward yourself. It can be a massage, extra-large frozen coffee, night out, or whatever will get you moving and trigger a good emotion inside of you.

I”ll See you at the closing table,

Marcel Umphery the “R.E.I. Successmaker”