The Investor Mindset - Name Your Number Show [$]

E265 - Sum of Your Community - Steven Pesavento

Episode Summary

You are the sum of your community, personally and professionally. Listen in as Steven discusses one of the most important things that you can do to be able to scale up either actively or passively, and how this can really help you grow.

Episode Notes

You are the sum of your community, personally and professionally.  Listen in as Steven discusses one of the most important things that you can do to be able to scale up either actively or passively, and how this can really help you grow.

Key Takeaways:

  1. Surround yourself with somebody who is bringing you upward and moving you in positive momentum in the direction you want to be. 
  2. Don’t allow them to act like anchors actually pulling you back while you're trying to move yourself forward.
  3. Coaching and mentorship are a few of the best ways to surround yourself with people that will help develop and support your investor mindset
  4. Spend time investing in yourself, attend mastermind sessions, listen to podcasts and you will find yourself in like minded communities

Episode Transcription

Steven Pesavento  00:05

This is the Investor Mindset podcast and I'm Steven Pesavento. For as long as I can remember, I've been obsessed with understanding how we can think better, how we can be better, and how we can do better. In each episode, we explore lessons on motivation and mindset for the most successful real estate investors and entrepreneurs in the nation.

 

Steven Pesavento  00:31

Welcome back to the Investor Mindset podcast. My name is Steven Pesavento. And each week, we share mindset tips, and real estate investing strategies to help you grow your business and take your portfolio to a whole nother level. And today is no different to be talking about one of the most important things that you can do to be able to scale up either actively or passively, and how you can really grow yourself. But most importantly, make an impact and make an impact on others as well. So let's get right into it. Kicking things off, one of the biggest things that makes a huge difference is who you surround yourself with. So when you're in a position where you're looking to start understanding what's working in your world, or what isn't working in your world, whether that be in your personal life, whether that be on the investment field, whether that be in your business, it typically comes down to looking at who you're surrounding yourself with, who is part of that inner circle? Are your friends and family and loved ones, somebody who are bringing you upward and moving you in positive momentum in the direction you want to? Or are they acting like anchors actually pulling you back while you're trying to move yourself forward? 

 

Steven Pesavento  01:46

Whatever the answer to that question is, will determine what kind of action steps you're going to want to take in order to be able to positively move and make some decisions that are going to bring you closer to what you want. If you're in a position where you're surrounded with people who are supporting you, keep moving in that direction, keep loving on those people. And keep finding other people who are in that same position. Now, if you happen to be on the other side, where you find that your friends, family, business associates, colleagues, they are people who are holding you back, they're acting like anchors, not like engines to propel you forward, you have to ask yourself, are these people what is their intent, oftentimes their intent is quite good. Their their intent is to, they want the best for you, they want you to succeed, they want you to be safe, and they are looking through a lens, a lens of the world that is in alignment with their own sets of thoughts and beliefs, right. 

 

Steven Pesavento  02:45

So at the investor mindset, we all know about the power of how when we change our thoughts and beliefs, we can then change the actions that we end up taking, and therefore the outcomes that we experience. So we can go about shifting our own thoughts and beliefs, we can go about changing the way that you think about money, ie what the investor mindset is all about. We can go through the process of changing the way you think about money. But if the people around you that are supporting you in your life have not also changed the way that they've thought about money, then it puts you in a position where they're going to continue pulling you back to those old beliefs. Now, does that mean you need to clear these people out of your life? Absolutely not. Some people are people that you're going to want to keep in your life and support. Some people you're going to want to set clear boundaries for and other people, you're going to want to cut from the team, you're going to want to move on and drift off, let them drift off into the background. Now, nothing wrong with any of these directions for any of the individuals because again, remember, they are working from their own thoughts and beliefs. 

 

Steven Pesavento  03:47

Now remember, even yourself maybe five years ago, maybe 10 years ago, maybe five months ago, you might have thought to yourself when somebody asks you a question about money. When someone asks you a question about taking action, when somebody asks you a question about passively investing in writing $100,000 check, you might have thought to yourself, one, maybe you didn't want to talk about money, because there was some belief there. Or maybe too, you had some fear about taking this action about making these investments about making some kind of change in your life. Now just remember how that felt before you change that thought or belief. For this entire time you've been running, thinking that you were doing the right thing, and then all of a sudden you realize, oh, there might be a better way. Now that's what you have to remember that these other folks in your life have is they have that thought or belief that is different from yours. Now you might go about inspiring change in them. For me in my life, Steven pesavento here. For me, I have a mission to inspire others to live a better life and I do that through real estate. I do that through the investor mindset. I do that through showing what action I've taken and inviting people to come along for the ride, to be able to create more freedom, flexibility and have a lot more fun to get out of that mediocre mindset.

 

Steven Pesavento  05:00

we grow, we grow up, and we create as middle class people to be able to step into the investor mindset and make change happen. One of the best ways to actually change these thoughts and beliefs, and start to support long term shift in identity, to change the way that you think about money, one of the best ways to do that is surrounding yourself with other people who think the way that you want to think who believe what you want to believe, and who can support those new beliefs. So one of the ways you guys are doing that right now is you're listening to this show, you're listening to the investor mindset show, you've got those earbuds in you're driving in your car, and you're changing the way that you think about money, right? Now, by doing this. The other way that you go about doing this is you surround yourself in person, or through coaching and mentorship around other people. 

 

Steven Pesavento  05:52

One of the best ways of course, I've got a phenomenal coach, I work with other folks, if you guys are interested in working together, and you're at a high level, you're running a business, you're in a position your career and you're looking for that big shift and big change, you can head to investor mindset.com/coaching and find out more but most importantly what I'm trying to drive towards is what I do personally, is I go and I get in community, I pay money out of my pocket, I invest into myself, to join masterminds, to go to conferences, to go to events, to spend time with other people, so that I can change the way that I think about money. So I can change the way that I think about investing. So I can change the way that I think about business. So I can go to another level. Because when you're able to step into a phenomenal community, when you're able to step into a community that already exists, where people are already coming together to support one another, when they are coming together with the Go Giver mentality, something I've talked a lot about in the past, and really, truly live by When you surround yourself with people like that, they pull you forward, they pull you up. And when you can surround yourself with people that you might feel a little bit insecure around, maybe they're operating at a higher level, maybe they know a little bit more, maybe they've already changed the way they think about money, maybe they're investing at a high level, maybe they've got a million dollar business, maybe they got $100 million business, it's all contextually dependent on how you feel about that depending on what your personal situation is. But by getting around other people who have the thoughts and beliefs that you want to have, you will therefore start to adapt and change. 

 

Steven Pesavento  07:33

I personally just got back from a phenomenal event and part of different masterminds different groups obviously work with different coaches and different mentors myself, because I'm always looking to change the way that I think, so that I can have different outcomes in my life in my world, and be able to make an even bigger impact directly in the community that I've created here with the investor mindset. And of course, with all of our clients at Von Finch, right. So when we're working with passive investors, we're making an impact directly in their life in their business. By helping them passively invest in the opportunities, I need to be able to step up my game on a consistent basis so that we can be operating at the highest level to invite the best talent, the best operators, the best deal finders, the best clients into our world. And so I just got back from this event. And every time I step into a room where it's surrounded with phenomenal people who are givers who are going out and doing the right thing, I come back, ready to make an impact ready to make a change, not only in myself, in my own business, but in the world. And so I encourage you to find a community like that, depending on where you're at in your life, maybe you're working in a W2, you're surrounded by people who are operating at a very high level. And potentially you're also surrounded by people aren't operating at high level, you can find communities. This is one of them. You're listening to a digital, you're in a digital community right here. But you can find communities where people are coming together and able to share great ideas. 

 

Steven Pesavento  09:11

So if you're watching on YouTube, let me know down in the comments below. Where do you go to find amazing people amazing community? Where do you go to connect and if you're listening on podcast, I encourage you shoot me a little message on DM me or someone from my team will respond share some resources. We'd love to know where you go for community because we want to get some clues and we want to be able to share those with our community so we can help inspire others to make big change happen. 

 

Steven Pesavento  09:37

Thank you for listening. If you found value in this episode, do everyone a huge favor, go over to iTunes, go over to your favorite podcasting app and drop a five star review if you believe it's a five stars, but most importantly, write a written review. It helps us reach even more people and helps us invite some of the biggest and best guests so More reviews that we can get, the more impact we can get. And the more that we can change the way that you think about money. So thank you guys so much. We hope you have a beautiful day and we'll see on the next episode.

 

Steven Pesavento  10:14

Thank you for listening to the investor mindset podcast. If you like what you heard, make sure to rate review, subscribe and share with a friend. Head over to the investor mindset.com to join the insider Club, where we share tools and strategies from the top investors and entrepreneurs and how to take it to the next level.