How To Deal With Being Broke: What do you do if you are broke right now? You might be a property entrepreneur who has just quit a full-time job to focus on a rent-to-rent or deal sourcing business, or maybe you are an investor. Perhaps an unexpected expense has come up, leaving you worried. In a recent video, I explain exactly what to do if you are broke right now!
If you have money worries, I highly recommend watching the full video until the end. Watching it will help anyone who is struggling right now to get back on track. You can find it at the top of this page or on my YouTube channel. If you follow the exact steps found in the video, your financial situation will see massive improvement!
The first thing to realise about being broke, is you are not alone! Many people have tough financial times, particularly when they are just getting started. The difference between success and failure can simply be the ability to fight through the pain! If you are able to keep going, you will often end up in a much better position.
Understanding exactly how to deal with being broke takes time, but there are some simple rules that can help! In this article, I will give you 3 tips on how to deal with being broke as a property entrepreneur. If you are struggling with your property business right now, take the time to apply these lessons to your business! You may be surprised at the results!
There are a lot of people struggling right now. The mainstream media often feeds people unhealthy propaganda that tells them to blame others, rather than look for a solution. I want to get real, useful advice into the hands of as many people as possible. Please help me to do this by sharing this article on your social media pages. With your assistance, we can make things better for everyone!
1. How To Deal With Being Broke: Focus On The Solution, Rather Than The Problem!
Many people spend a lot of time focusing on their problems. It is understandable that if you might not be able to pay the bills next month, it could take up a lot of your thoughts. But this doesn’t solve the problem!
Instead, focus on the solution! Do you need to secure a new rent-to-rent property? Do you need to sell 2 deals this month to cover those bills? Focus all your mental energy on that!
2. How To Deal With Being Broke: Don’t Whine About It Publicly, Seek Advice Privately!
If you don’t have money, the worst thing you can do is talk about it publicly. This associates your personal brand with failure. People won’t want to be associated with that, leading to more failure!
Instead, speak to trusted business mentors in private about your issues. They will be in the best position to give you actionable advice that can actually help your business succeed.
3. How To Deal With Being Broke: Don’t Allow Yourself To Become Too Stressed!
If you are totally overwhelmed with stress, it is often worth looking at the likely worst case. Often, it isn’t as bad as you think! If it won’t kill you, you can always get back up again and start over!
Once you know the worse case isn’t actually that bad, you can put all your focus into the solution!
How To Deal With Being Broke: Get Training On How To Make Money In Property.
Now that you know how to deal with being broke, it’s time to learn how to make some money! Join me at my next £1 training event!
We have different courses throughout the year, each teaching different things. Here is a sample of what you could learn on one of our popular £1 courses:
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Become a property investor using other people’s money so that you can get started straight away
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Utilise the 5 different types of raised finance so that you know exactly what to offer and when
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Find the perfect properties for the BRRR strategy
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Recycle your money so that you can ‘rinse and repeat’
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Build a power team you can trust, so that you can save time and money
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And much more!
Tickets are only £1, and you can get yours here. If you are ready to take action, I hope to see you very soon! If you can’t make it in person, we also have virtual events too!
