Wealth Hacks
5 Ways To Overcome The Fear Keeping You From Everything You Want
(Editor’s Note: The following article is a guest post by superstar entrepreneur and tech investor Jonathan Schultz.)
One of my favorite sayings goes something like: “everything you want is on the other side of fear.” (I Googled this to learn that it’s actually a quote from Jack Canfield, the Chicken Soup for the Soul guy. Finally, I know where this came from.) This is so true of both our professional and personal lives. If we’re not doing the things we need to do to grow our business or take the next steps in our careers or personal lives, chances are there is an underlying fear holding us back.
It’s so easy to blame inaction on other roadblocks like lack of time, money, knowledge, etc., but if we do a little deep dive into our true motivations … I think we’d find that more often than not there’s fear of something that’s stopping us. I know for me, that has definitely played a role in some of the things that took me longer to start than I would have liked.
Maybe it’s a fear of change. Or, a fear of failure? It could also be a fear of being uncomfortable or a fear of the unknown. I think for many leaders, a fear of letting others down is a big one, too. I know that is one I hold close to my heart.
Tony Robbins is famous for telling us that we’ll do more to avoid pain than we will to gain pleasure, and I think this is so true — even in business. Everything we do is to either run away from pain or experience pleasure. In essence, he says we need to flip this principle upside-down to focus on the pain. Instead of basking in the pleasure of overeating, for example, focus on how you feel full and tired and heavy when you overeat. After enough time, you’ll associate overeating with the pain and not the pleasure and it will be easier to control.
I would argue that if we merge these two principles — facing our fears and focusing on them, rather than avoiding them — that we can see great results. So, for someone who tries to deploy these strategies … here are a few ways that the pros say we can overcome our fears:
#1. UNDERSTAND AND RECOGNIZE THE FEAR
You can’t change something that you don’t acknowledge. It’s important for us to recognize our fears in order to ultimately face and overcome them. When you do this, you might even realize that your fear isn’t well-founded — that it doesn’t even make sense.
#2. CONSIDER THE WORST-CASE
This might sound counter-intuitive, but a lot of experts say that you should then consider the worst-case scenario. What would happen if this fear really came true? In most cases, even the very worst-case is not really that bad.
I guess if the worst-case is actually really, really horrible or you’re approaching something that’s super high-risk … you should probably stop right here.
#3. NOW THINK OF WHAT THE BEST OUTCOME IS
Okay, now we look at what the best outcome is. What’s the best-case scenario. How would it impact your personal life? Your business? Your future? More often than not, we’ll find that our worst-case scenario isn’t really that bad and that the best-case is really rewarding and/or potentially fruitful for us. And, honestly, we’re usually wrong anyways. So, sometimes it’s almost better just to push forward and learn by the experience.
#4. FACE YOUR FEAR
Now that we know the two possible outcomes, it’s time to face our fears. Find a strategy or mentor to help you push through. Let’s say your fear is a fear of the unknown — you can work with a mentor who has a great grasp of that topic or read some books or take a class. Taking action towards meaningful goals and having a plan to achieve them — to push through the fear — can help you see the light on the other side.
#5. KEEP IT UP
One thing that I like to remind myself is to do something every day (or week) that scares me. I want to push myself to be outside of my comfort zone because that’s where real learning and personal growth begins. This doesn’t mean you have to go sky diving or rock climbing, but finding little ways to push yourself each day will only add to your growth as a human.
What are your biggest business fears? Have you challenged yourself to face and overcome them? Do you do something every day that reminds you to be tougher, stronger, more engaged? I’d love to hear how you’re facing and overcoming your fears. Let’s continue this over on my LinkedIn page …
Jonathan Schultz is an entrepreneur, real estate tech investor and influencer. He’s the co-founder of Onyx Equities, a leading private equity real estate firm, and has been voted one of the most powerful people in real estate. Follow Jon’s blog here.
In times of economic uncertainty, gold has long been a reliable investment option for those looking to hedge against inflation and volatility.
If you’re looking to invest in the production of gold, as well as gold itself, here are three stocks you can buy inside the NYCE app today.
1. Barrick Gold Corporation (GOLD)
Barrick Gold Corporation is one of the largest gold mining companies in the world with operations in North America, South America, Africa, and Australia.
Performance: Barrick Gold Corporation has experienced steady growth in the past decade, with its stock price increasing by 31% from 2010 to 2020.
Known for: Barrick Gold Corporation is a leader in responsible mining practices, and is committed to environmental sustainability and social responsibility.
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2. Newmont Corporation (NEM)
Newmont Corporation is one of the world’s leading gold mining companies with operations in North America, South America, Australia, and Africa.
Performance: Newmont Corporation has experienced significant growth in the past decade, with its stock price increasing by 184% from 2010 to 2020.
Known for: Newmont Corporation has a strong track record of responsible mining, and has been recognized as a leader in environmental stewardship and social responsibility.
3. Franco-Nevada Corporation (FNV)
Franco-Nevada Corporation is a royalty and streaming company that provides financing to gold mining companies in exchange for a share of their future production.
Performance: Franco-Nevada Corporation has experienced substantial growth in the past decade, with its stock price increasing by 780% from 2010 to 2020.
Known for: Franco-Nevada Corporation offers investors exposure to the gold industry without the risks associated with mining operations, making it a popular choice among risk-averse investors.
From selling cookies on the streets of New York to sending personalized messages on potatoes, these five entrepreneurs turned their unconventional ideas into multi-million dollar businesse
- “How a High School Dropout Made $10 Million Playing Video Games Online”
This story is about Matthew Haag, also known as Nadeshot.
Nadeshot. 🤨
He dropped out of high school to pursue a career in gaming and became a professional gamer. He has since won multiple championships and has a large following on social media.
- “Meet the Teen Who Turned His Hobby into a $1 Million E-Commerce Business”
This story is about Cory Nieves, also known as Mr. Cory.
Mr. Cory started a cookie business at the age of six, selling cookies on the streets of New York.
He eventually turned his hobby into a successful e-commerce business, selling cookies online and in stores.
He has been featured on various media outlets and has even baked cookies for Oprah Winfrey.
- “The Surprising Story of the Stay-at-Home Mom Who Made $100K in One Year Blogging About Knitting”
This story is about Sarah Corey, who started a knitting blog called “My Simple Knitting” while staying at home to raise her children.
Her blog became popular and she eventually started selling knitting patterns and products.
She made over $100K in one year from her blog and has since turned her passion for knitting into a successful business.
- “How One Man’s Love for Potatoes Turned into a $5 Million Online Business”
This story is about Alex Craig, who started a website called Potato Parcel where he would send personalized messages on potatoes.
His business gained popularity and he has since expanded into other products, such as potato socks and potato candles.
He has been featured on various media outlets and his business has grown to make millions of dollars in revenue.
- “Pet Rock Creator Gary Dahl Turned a Silly Idea into a Million-Dollar Business”
This story is about Gary Dahl, who famously created and marketed Pet Rocks in the 1970s.
Despite being a seemingly ridiculous idea, the Pet Rock became a massive success, with Dahl selling millions of Pet Rocks and becoming a millionaire in the process.
READ: How This 9-5’er Made Millions Selling Free Rocks In His Spare Time
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Don’t miss:
- ‘I work just 2 hours a day’: A 24-year-old who makes $8,000 a month in passive income shares her best business advice
- This 38-year-old makes $160,000 per month in passive income—after losing his job: ‘I work only 5 hours a week now’
- This 33-year-old mom makes $760,000 a year in passive income—and lives on a sailboat: ‘I work just 10 hours a week’
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Yes, you read that right.
If there’s anything the pandemic taught us, it’s that the paradigm of “office” and “workspace” has been shaken to its CORE.
Universities are teaching via Zoom, court dates are done virtually, FULLY REMOTE businesses are valued at $1B+, and legitimate Inc. 5000 startups are run from…wherever. 📲
This is my office for the day…
I am actually running our business from the beach, typing this from here.
It’s 4:28 pm CET, which means it’s 10:28 am EST and I am CRUSHING my to-do list.
(And the team will continue to crush it while I’m asleep. That’s the 🗝)
So how did we get here?
We launched NYCE and our mission to create 100,000 millionaires in March, 2020…just as the global COVID-19 lockdown happened. 😳
As a result, we shut down our main office and set EVERYTHING up to run remotely…
SMOOTHLY! And a system that allows us to outperform competition by 200%. (You can build this system, too. More on this in a second.)
Here’s what we were able to do since then:
- Gained 6M+ followers across all platforms 📈
- Add 1500+ new apartments to the portfolio 🤑
- Grow to $300M in real estate 🚀
- 105% investor returns 🎉
- 700K+ community members 🤝
And here’s the best part…
Having team members in all the main time zones gives us a 24-hour work cycle vs. 9-5/eight-hour on-the-clock performance.
This means we get 3x the productivity of a similar company. 🔥
Let me repeat that…3x PRODUCTIVITY vs. our competitors.
Meanwhile our project management software grants us 24-hour TEAM-WIDE connectivity that tracks all tasks and lets us know if productivity dips even a little bit.
There is ALWAYS someone senior awake. It could be Martin in Barcelona…Nat in New York…Vineet & Arif in New Delhi.
All the while giving YOU GUYS wealth hacks and daily content. 🔥
OK, so how can you do it?!
Well, the first step is to have an actual side hustle you’re launching. Not just an idea, a validated business.
MAJOR KEY: Do NOT spend money until you’ve made your FIRST DOLLAR! 🗝🗝🗝🗝
(You can catch a replay Business Launch masterclass here and see TRIBE member Nessa launched her business on the spot and got her first $45K client shortly after.)
One of the easiest ways to start is with Airbnb—you can start that in 10 minutes. Literally. (Here’s a guide if you need it.)
Once you have your business, you build a virtual infrastructure (you really just need two softwares, which are FREE), manage the team accordingly and run the business from there.
I’m gonna put together a step-by-step video breakdown this weekend inside the new TRIBE U on the FIVE key things you need to do this for YOURSELF. 💵 💎
From what software to use, how to build a team, how to keep.
In the meantime, drop a comment if you’re ready to build some wealth and any questions if you want more…
Let’s get to work. 🙌
PS: If you can’t be bothered with video and just wanna get to work, we’re hosting a TRIBE U workshop that will help you get this process started on the spot. It’s $479 $49. 🔥
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