IDENTIFYING THE GAPAND FINDING THE MONEY

EDNA F. KEEP1

WELCOME

This program is going to change your perception of what success means to you while teaching you how to build $5,000/month in passive income through real estate investing.

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ANY QUESTIONS, COMMENTS OR CONCERNS WITH LAST WEEK’S

ASSIGNMENT?

• ANY MAJOR WINS IN THE PAST WEEK?

• DOES ANYONE WANT TO OFFER SOME FEEDBACK ON THE ASSIGNMENT? WAS IT HARD? DID IT MAKE YOU REALLY THINK?

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OVER THE NEXT 90 DAYS, WE WILL COVER THE FOLLOWING

MODULE 1

Drafting your Vision

MODULE 2

Identifying the Gap

MODULE 3

Identifying your Obstacles

MODULE 4

Mastering your Money Mindset

MODULE 5

Joint Ventures

MODULE 6

How to make Big Money with Small Apartments

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MODULE 7

Getting Deals

MODULE 8Talking to a Potential Investor or

Joint Venture Partner

MODULE 9

Drafting your Story into a Presentation

MODULE 10

Positioning yourself to Attract Joint Venture Partners

MODULE 11

Getting Online

MODULE 12

Systematizing the Process

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YOUR PAST HAS GIVEN YOU THE STRENGTH AND WISDOM YOU HAVE TODAY. CELEBRATE IT. LEARN FROM IT. DON’T LET IT HAUNT YOU.-UNKNOWN

Reflect on where you have been to figure out where

you are going.

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Significant experiences are the events in your own personal history you remember because they made you feel good, satisfied, engaged, invigorated and inspired.

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Your significant experiences can tell you a lot about what’s really important to you.

By reviewing them, you gain insight into your values, beliefs, interests, strengths and dreams.

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REFLECTIONIDENTIFYING YOUR SIGNIFICANT EXPERIENCES

○ Aim to identify at least three significant experiences.

○ Look for what you like to do, rather than what you do best.

○ Record as many details as you can about each experience.

○ Reflect on how you feel about the experience. What anyone else thinks or whether anyone knows about it doesn’t matter.

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REFLECTION

ACTIVITY: WHAT MAKES YOU PROUD?

Recall a time when you did something you were proud of. Don’t limit yourself to work or school—draw on all areas of your life, past and present: work, leisure, learning, home, creative pursuits, volunteering and relationships with family and friends.

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REFLECTION

Focusing on things that have mattered to you in the past can help you make choices about your future.

No generation has been immune to the distractions of daily

life.

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A story for you...

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PROCRASTINATION

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PROCRASTINATION○ Humans have been procrastinating for

centuries.

○ No generation has been immune to the distractions of daily life.

○ The Greek word, AKRASIA, is doing one thing when you know you should be doing something else.

AKRASIA (a-KRAY-

zee-ah)

THE STATE OF

ACTING AGAINST

YOUR BETTER

JUDGMENT

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WHY DO WE PROCRASTINATE AFTER WE HAVE COMMITTED TO OUR GOALS?

○ TIME INCONSISTENCY: the tendency of the human brain is to value immediate rewards over future rewards.

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Design a commitment device or strategy

○ EXAMPLE: Curb eating habits by purchasing individual packets of food rather than buying in bulk; Stop wasting time on the phone by deleting distracting apps or games; Build up a savings account by setting up automatic transfers.

○ Commitment devices help you design your future actions because they help you find ways to automate your behaviour beforehand rather than relying on willpower in the moment.

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BE THE ARCHITECT OF YOUR FUTURE ACTIONS - NOT THE VICTIM OF THEM.

- Unknown

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THREE BEST WAYS TO BEAT PROCRASTINATION

1. REDUCE THE FRICTION OF STARTING

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2. BUILD THE HABIT OF GETTING STARTED!

*The most important thing you can do when setting a goal:

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3. UTILIZE IMPLEMENTATION INTENTIONS

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ENKRATEIA (en-'krah-tay-a)IN POWER OVER ONESELF.

-ARISTOTLE

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ON A MOMENT-TO-MOMENT BASIS, BEING IN THE MIDDLE OF DOING THE WORK IS USUALLY LESS PAINFUL THAN BEING IN THE MIDDLE OF PROCRASTINATING.

-ELIEZER YUDKOWSKY

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REMEMBER:

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WHY IS IT SO HARD TO

ACHIEVE SUCCESS?

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HABITSARE 1000 TIMES MORE

POWERFUL THAN

PLANS

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OWNING A BUSINESS MEANS COMMITTING TO A LIFETIME OF LEARNING AND ADJUSTING.

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NO MATTER HOW MANY RISKS YOU TAKE,

YOUR HABITS WILL ALWAYS BE THERE TO DEPEND ON.

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MY MORNING ROUTINE/ HABITS:

6:30 - WAKE UP

10 MINUTES - PRACTICE GRATITUDE

10 MINUTES – VISUALIZE GOALS

DRINK 16OZ WATER WITH FRESH LEMON

15 – 30 MINUTES - EXERCISE

BREAKFAST WITH FAMILY

50 MINUTE FOCUS

REVIEW AND RESPOND TO EMAILS

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TO CHANGE A HABIT...

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HABIT LOOPYour body anticipates the reward the moment there is a trigger.

TRIGGERThe trigger sets off the behaviour.

It can be anything from emotional to spiritual.

HABITThe habit is the way you behave, think, do or feel.

REWARDThe reward is the satisfaction you receive.

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1. IDENTIFY THE TRIGGER.2. THINK ABOUT WHAT YOU CAN DO TO RECEIVE THE

SAME REWARD.3. TEST YOUR NEW ROUTINE.4. DO THIS UNTIL YOU THE NEW HABIT / BEHAVIOUR

GIVES YOU THE SAME REWARD.

FORMULA FOR CHANGING HABITS

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YOU CHANGE HABITS BY CHANGING

YOUR ROUTINE.

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TIPS FOR CHANGING and BUILDING HABITS

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THE FIRST HABIT TO BREAK…

ALWAYS FINDING EXCUSES FOR WHY THINGS ARE NOT THE WAY YOU WANT THEM TO BE

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HABITS THAT CONTRIBUTE TO SUCCESS

YOU NEED WILL

POWER AND

MOTIVATION TO

CHANGE HABITS

BUT MORE

IMPORTANTLY,

YOU NEED

VISION.

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WHY ARE HABITS IMPORTANT?

WE ARE WHAT

WE REPEATEDLY

DO. EXCELLENCE,

THEN, IS NOT AN

ACT, BUT A

HABIT.-ARISTOTLE

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GROWTH MINDSET PEOPLE…

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CHANGING MINDSETS

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AN EXERCISE

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DON’T BE AFRAID TO GIVE YOUR ALL FOR THE THINGS YOU VALUE.

-UNKNOWN

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GOALS

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DID YOU KNOW…

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INTENTION, GOALS & ACTION

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TIPS FOR SETTING GOALS

○ Set day-to-day goals for yourself. If you succeed at day one,you will become a different person so let that person decidehow day two will look.

○ Always let the “new you” make the decision to keep forgingonward.

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YOUR SUPPORT TEAM

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○ Quick start: People who swing directly into action, makingcreative discoveries and mistakes using trial and error.

○ Fact finders: People who need information. They willresearch every relevant fact about any task they arepreparing to undertake.

○ Follow through: People who naturally rely on methodicalsystems. Every part of their lives are organized.

○ Implementers: People who focus on physical objects andenvironments. They figure things out by working with theirhands.

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Forming this team:

○ Identify your behaviour style (you can have more thanone but not all four).

○ Find people who prefer action styles you avoid (peoplewho are strong in areas where you are weak).

○ Once you form your group, recognize your differences anduse that to discuss your strategy.

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RESOLUTION: TO BE BETTER THAN I WAS LAST YEARAT THE END OF THE DAY, I WANT MY LIFE TO BE ABOUT PROGRESS.

MY (not so) SECRET SOURCES OF

PRIVATE MONEY

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NETWORKING EVENTS

PARTICULARLY REAL ESTATE

RELATED

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FELLOW REAL ESTATEINVESTORS

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CO-WORKERS

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MORTGAGE BROKERS

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REALTORS

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BUSINESS OWNERS

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LAWYERS

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ACCOUNTANTS

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WARM MARKET ANDWARM MARKET REFERRALS

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SEMINARS

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CONFERENCES

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ENTREPRENEURS

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SOCIAL MEDIA

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BUSINESS CARDS ON CORK BOARDS

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GOOGLE SEARCH

YOUR CITY PROFESSIONALS

REALTORS

FINANCIAL PLANNERS

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CHURCH EVENTS

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PLACE CARDS IN APPLICABLE BOOKS IN YOUR LOCAL LIBRARY

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PLACE ONE IN ANY

CORRESPONDENCE

OR CHEQUE YOU

MAIL OUT

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BANDIT SIGNS

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T-SHIRTS

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CHARITY EVENTS

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TRADE SHOW BOOTH RENTERS

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DOCTOR AND DENTIST OFFICES

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RESTAURANT OWNERS

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PARENTS AT SPORTING EVENTS

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Own a house

Name Approx Agex5Kyr Professional Business Owner Sold Business LOC 5+years

Age over 20 x3 x2 x10 plus10K $50K Total

Mother

Father

Brother

Sister

Aunt

Aunt

Uncle

Uncle

Grandma

Grandpa

Cousin

Cousin

Co-Worker

Doctor

Nurse

Paramedic

Lawyer

Chiropractor

Naturopath

Nutritionist

Massage Therapist

Physiotherapist

Fitness Instructor

Personal Trainer

Psychologist

FIND THE MONEY SPREADSHEET

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Own a house

Name Approx Agex5Kyr Professional Business Owner Sold Business LOC 5+years

Age over 20 x3 x2 x10 plus10K $50K Total

FIND THE MONEY SPREADSHEET

NEXT WEEK: MODULE 3

WE WILL IDENTIFYING OBSTACLES THAT MAY GET IN YOUR WAY AND GIVE YOU SOME STRATEGIES TO OVERCOME THEM.

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• PLEASE SPEND TIME ON YOUR HOMEWORK ASSIGNMENT AND SEND TO ME at edna@ednakeep.com

• REMEMBER NOW IS THE TIME TO DESIGN AND CRAFT THE LIFE YOU WANT.

• You can download the workbook and the find the money fill in spreadsheet from members site or private Facebook page! ednakeep.com, members section

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CONNECT WITH EDNA

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www.facebook.com/edna.keep

https://twitter.com/ednakeep

http://ca.linkedin.com/in/ednakeep

306-536-6266

Email: Edna@ednakeep.com