Posted by Simon Misiewicz on 21st July 2014
Would you like to know the attributes of a successful property investor?
Are there areas of your life that you would like to improve?
I see many property investors that are busy trying to make a living for their loved ones. Some of them are having more success and happiness than others.
Why is that?
Some people seem to have all the luck in the world, catch all the breaks whilst others seem to attract bad luck. No matter how hard they, some people try they do not seem to get what they want.
How can this be?
I believe that there are many facets, attributes, features of a property investor that separate the successful from the unsuccessful. In this series of articles I am going to share with you my own personal experiences and observations.
I am going to share with you in this series of articles the following attributes of a successful property investor:
- Part 1 – Values
- Part 2 – Mind set
- Part 3 – Passion
- Part 4 – Health
- Part 5 – Achievement
- Part 6 – Fun & Reward
- Part 7 – Sense of Security
- Part 8 – The need for love
Part 4 – Health
You may be wondering why is an accountant talking about health? More importantly what the heck has health got to do with property investing, finance or tax?
Well, in actual fact your health has a lot to do with your success. I believe there are many ways that your health adversely effects your finances. Let me provide you with a list:
- Stress of any sort can make you tired.
- Feeling tired all the time can leave you feeling miserable , worried and you can lack focus.
- Being miserable effects your relationships with your customers, suppliers and work colleagues.
- Lacking focus means that more mistakes are likely to be made. Moreover your concentration span will decrease and things will take you longer.
- Eating bad foods, drinking heavy and no exercise is the right way to go for being over weight, have heart problems, liver disease etc. These are more serious than the above and will of course mean that you will need to take time of work to see the doctor or worse still be treated in hospital. This in turn may effect your confidence.
I am no scientist or nutritionist but I know that when I eat foods like vegetables, fruits, fish and reducing carbohydrates make me feel less drowsy at work, my focus and awareness is heightened and I do not feel bloated or tired.
I used to eat a lot of carbohydrates but my digestion system took a long time and made me feel bloated. As a result I often focused on how I felt rather than my work. This then lead to me feeling annoyed, frustrated and eventually tired.
I decided to cut out most carbohydrates such as bread, pasta, chips, potatoes and even limited my alcohol consumption (albeit a glass of wine is always welcomed at the weekend). I even gave up chocolate and as I am writing this article I remind myself not to eat as much as I have in the last two weeks!! Once I started this process I lost two and a half stone in just six moths. I was not expecting that. I still ate the same amount of food but I upped my vegetable and fruit intake.
I do not exercise as much as I know I should because of… I will not finish that sentence as Jim Rohn would say I would be sharing my blame list rather than taking responsibility for my own life it is easy to blame something other than my own bad habits. Therefore I will not do that.
Anyway, when I do exercise a few things happen. Some of them are obvious but some of them were not at the time:
- I started to get fitter. The more I exercised the longer I could run, do more push ups, increase the number of sit ups.
- I lost weight, which in turn people commented on how much I lost weight and that increased my confidence.
- I slept better and as a result I felt healthier and I was able to enjoy my day more and get a lot more work done.
- My relationship with my wife improved as I was not so sluggish and wanted to have a lot more fun.
- I started getting better results with my work and my finances began to improve quicker than I expected.
- I even started to enjoy foods that I had not experienced before such as lentils, beans and other fruits that now I love.
- Because I eat less it takes even less food to fill me up again. Has my stomach shrunk? I guess so.
I have to be honest, I read “Awaken the giant within” by Anthony Robins and the majority of my new eating habits came from just a few pages of his book. I thank him for changing my psychology and my health.
Applying the treatment
Again, I am not a dietician, nutritionist or food guru but what if any of the above is true and you started to cut out a little of the bad foods? There is no point going on a large scale crash course and removing all your favourite foods as you simply will not stick to it.
I will go ahead and say it. Diets will never work. Think about it. What do you associate with diets?
- A periodic thing until a goals achieved.
- A withdrawal from what you love.
- A huge lifestyle change (for a week or two).
- A sacrifice.
- Regret as you watch other people eat.
I tell you that it is easier to make a lifestyle change if you use “baby steps”. In life things are done more effectively and more enjoyably if they are done in small but simple steps that are easy to achieve.
Start with removing just one bad habit that you have and replace it with something that you equally enjoy but is healthier.
Let me give you an example. I love chocolate, I have to admit! At the weekends my wife would buy a box of chocolates and eat them all if I let her. So, I used to join in….. a lot! As such I put on weight but what I am going to say next will surprise you. I did not turn to eating cardboard. No. I ate chocolate mousses that were circa 100 calories compared to 300 calories. I love the taste and the fact that I knew they were less calories made them taste even better.
Not a big difference but as Darren Hardy said over a period of lets say one year means, if repeated each day would mean the following:
- 200 calories less consumed in one day.
- Over a week that would amass to 1,400 calories per week.
- Over a year that would be a whopping 72,800 (3500 calories in a pound of fat, so that’s 20lbs)!
All this from one simple change. I then started to remove other bad foods but one at a time. I did not go over board. One small step for diet and giant leap for health.
Give it a go. Please do not look for short term measures by eating well for a week and then giving up because you do not see instant results. Leave the amateurish thinking to others. Remember the compound effect. Over time the good habits will have lasting results and will make you feel a lot better about yourself. Building persistence in this area in your life may also help build persistence in other areas of your life.
Write down the things that you eat and identify one bad food that you will replace (not remove) with something tat you love, which is even slightly more healthier. Give it a month or two and then choose a second food substance.
After this you may wish to bring an exercise programme into your life. I do not mean trying to run a marathon or do an iron man. Remember what I said? Take baby steps. The harder you push the more likely you are to think “that was not enjoyable and I struggled”, which results in you giving up. Why not walk around the block or walk up the stairs rather than going up lifts or escalators. Do the small things but do them often.
This is no gimmick, it is not a fad, it is not a diet. It is simply a way of life. Make your life last longer, more enjoyable by taking baby steps that make a huge difference over time.