{"id":9784,"date":"2016-11-09T01:00:32","date_gmt":"2016-11-08T14:00:32","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=9784"},"modified":"2016-11-09T01:00:32","modified_gmt":"2016-11-08T14:00:32","slug":"successful-people-leave-clues-michael-yardney","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/successful-people-leave-clues-michael-yardney\/","title":{"rendered":"Successful people leave clues – Michael Yardney"},"content":{"rendered":"

 
\nMany people go through life envious of the success of others. But what they fail to realise is that successful people, and especially those who reach the upper echelons, spend their lives working hard to achieve their dreams. While there\u2019s no proven formula, there\u2019s no denying that many of the people we admire share common qualities that helped them get to the top \u2013 and stay there! Hear what they are from Michael Yardney<\/strong>.
\n <\/p>\n

Transcript:<\/strong><\/h4>\n

Kevin:<\/b>\u00a0 Success definitely leaves clues. If you follow a successful person, you\u2019ll pick up lots of really good information, if your antenna is out and you\u2019re looking for it. Probably one of the most common questions I\u2019m asked is \u201cWhat makes a successful investor? Why are some people more successful than others?\u201d Well, there are some great lessons, and Michael Yardney joins us to talk through those with us this morning in the show.
\nGood morning, Michael. How are you?
\nMichael:<\/b>\u00a0 Hi Kevin.
\nKevin:\u00a0 <\/b>I know you\u2019ve made a study of this, and you\u2019ve written several books about it, as well, and that is, what makes someone very successful? They do leave clues, and there are some common traits, Michael, aren\u2019t there?
\nMichael:<\/b>\u00a0 Yes, there are. Now, of course, everyone measures success differently, so I\u2019m not necessarily talking about how big your bank balance is or how many properties you have in your portfolio or how big your share balance is \u2013 even though a lot of people do measure success in a monetary way, don\u2019t they, Kevin?
\nKevin:<\/b>\u00a0 They do, mate. Yes, exactly. So what have you found, then?
\nMichael:<\/b>\u00a0 What I\u2019ve done is I\u2019ve studied, I\u2019ve learned. I\u2019ve actually mentored over 2000 people in the last ten years, so I\u2019ve seen those who\u2019ve been successful and those who haven\u2019t. Yes, there are some common traits, so let\u2019s go through them.
\nOne of them interesting is that a lot of the successful people start their day early. They\u2019re early birds. They\u2019re earlier risers \u2013and fancy <\/b>people like Sir Richard Branson, Robert Iger, the Disney CEO. Lots of people wake early and they actually take advantage of their time in the morning \u2013 the extra hour or two \u2013 to get things done in an efficient way, Kevin.
\nAnother thing that a lot of successful people do \u2013 in fact, all of them \u2013 is they read. They understand the power of reading today. It\u2019s also, I guess, passed on to podcasts, where people are just continuously learning. It helps them learn from the mistakes as well as the successes of others, and that opens their eyes to other possibilities.
\nKevin:<\/b>\u00a0 Interesting that they read, Michael. Any examples there of people who you can cite as good readers who have been successful?
\nMichael:<\/b>\u00a0 Well, I\u2019ve heard that Bill Gates reads for an hour as part of his bedtime routine. J.K. Rowling, the first ever billionaire author, read everything she could.
\nKevin:<\/b>\u00a0 Oh, was she really? Is that right \u2013 she was the first billionaire author?
\nMichael:<\/b>\u00a0 She\u2019s done particularly well, Yes.
\nKevin:<\/b>\u00a0 Oh, okay.
\nMichael:<\/b>\u00a0 Albert Einstein. In fact, all successful people read. Today it\u2019s not just hardcopy books, as I said, but there\u2019s so many ways of giving yourself energy and motivation by looking at what others have done.
\nKevin:<\/b>\u00a0 Okay. Well, they get up early. They read books. What else do they do, Michael?
\nMichael:<\/b>\u00a0 They actually get going. They actually have all the resources they need, and so they create a daily habit of doing something.
\nThey also keep themselves fit. They understand the importance of their health as part of a balanced life, so you\u2019ll find that many of them workout and exercise. They keep moving. They take a break during the day to walk, as well. They recognize that one way of being rich, one way of being successful is having health, Kevin.
\nKevin:<\/b>\u00a0 What about the other end of that: how do they relax?
\nMichael:<\/b>\u00a0 Well, they understand the importance of balance. So despite getting up early and despite being active during the day and doing things, they also recognize the power of relaxation, meditation, taking time out, balancing their life.
\nNow, it\u2019s not always balance day-by-day, Kevin, so often they work really hard and then they take long holidays, or they work really hard and take some off over the week. When you look at them hour-by-hour, day-by-day, the balance may not be there, but if you look over a long term, it\u2019s the only way you can keep going, Kevin.
\nKevin:<\/b>\u00a0 Michael, what separates professionals from wannabes?
\nMichael:<\/b>\u00a0 Well, professionals work even when they don\u2019t feel like it. There are lot of examples of people who have done well and persisted on when the average person would give up. So they\u2019re dedicated, Kevin.
\nThey also practice. They get to the top of their game by doing the same thing over and over again. You\u2019ll never become an expert by doing a hundred things once, so they do one thing and do it a hundred times until they\u2019re an expert in it. I guess the way you know you\u2019re an expert is if you can get reproducible results.
\nOne way they do this is also eliminating distractions. They don\u2019t multi-task. A lot of people think it\u2019s good to multitask and they\u2019re proud of that, but it\u2019s been shown to be a very inefficient way of doing things, Kevin.
\nKevin:<\/b>\u00a0 I don\u2019t multitask at all. I can\u2019t do it. I\u2019ve always thought that was because I was a male.
\nMichael:<\/b>\u00a0 That\u2019s what we\u2019re taught \u2013 isn\u2019t it? \u2013 and that females can, but in fact, it\u2019s been shown\u2026 Even with the old story of disruptions with e-mails: if you\u2019re going to do that, just set aside certain times of the day and just keep doing that, and don\u2019t handle your e-mail or any other papers more than once. They tend to be very efficient and learn to minimize distractions.
\nKevin, another interesting characteristic of successful people is that they dedicate time to giving back to their community, to charities; they volunteer, they donate. They not only donate money but they donate time.
\nKevin, our joint good friend Tom Corley, author of Rich Habits<\/i>, has found that 73% of the wealthy people in his five-year study volunteered for over five hours a month. And others do that, too. We know about the philanthropy of Bill Gates and Oprah Winfrey and Mark Zuckerberg; they all donate to different causes.
\nAnd it\u2019s not because they\u2019re already rich, Kevin. They started doing that long before they were rich, and if you don\u2019t have money to donate, Kevin, we all have time that we can give back to the community.
\nKevin:<\/b>\u00a0 Just on that point, Michael, if I can just have my two bob\u2019s worth just <\/b>you for a minute, I\u2019ve been doing this show, I think, for about ten years now, and without doubt, every time I ask someone like yourself to contribute to the show, to give us some information, it\u2019s always on the basis that \u201cI\u2019m so happy to help. The more people I can educate, the more people I can tell about how to do this sort of stuff, the better.\u201d That\u2019s the giving nature, Michael, I\u2019ve found.
\nMichael:<\/b>\u00a0 It\u2019s also the abundance philosophy, Kevin. If I buy a property, it doesn\u2019t stop you buying one. If I buy some stocks and shares, it doesn\u2019t stop you doing it. So passing on the information doesn\u2019t harm me. If, in fact, it helps other people and improves their level of wealth and the community, I\u2019m going to be living in a better place.
\nYes, you\u2019re right, Kevin. The only reason I know what I know is because other people helped, taught me, educated me, so that I see it as my obligation to do it, Kevin.
\nKevin:\u00a0 <\/b>They\u2019re very goal-oriented, too \u2013 aren\u2019t they, Michael? \u2013 these successful people.
\nMichael:<\/b>\u00a0 Yes, they are. They have goals, they write them down, they know where they\u2019re heading, and then they keep on track. Now, of course, you don\u2019t have successes every time, so they\u2019re also able to get up one more time than the average person and start it all over again, recognizing that the setbacks and the failures are just a normal part of entrepreneurship, business, and property investing, Kevin.
\nKevin:<\/b>\u00a0 It\u2019s a great insight you\u2019ve given us there, Michael, those nine traits. But you know, the bottom-line to all this and a good mutual friend of ours, Michael Sheargold, once said the power of any great idea is in its implementation. It\u2019s actually getting off your butt and doing something about it, isn\u2019t it?
\nMichael:<\/b>\u00a0 Kevin, I\u2019ve often used Michael Sheargold\u2019s word in that regard, because I have had over 2000 people go through my mentorship program, and they\u2019ve all said how much they\u2019ve learned and how good it is. Some of those people at the end of the year program, have changed their lives. They\u2019re the ones who\u2019ve done something. Those who said, \u201cHey, I really liked, I enjoyed it,\u201d but haven\u2019t done anything, they\u2019re back to where they started.
\nSo it\u2019s not the information. You\u2019re 100% right; it\u2019s the implementation of it.
\nKevin:<\/b>\u00a0 That\u2019s absolutely right. And on that note, I\u2019ll implement and get on to the next interview. But Michael, thank you very much for your time. It\u2019s been great talking to you. Michael Yardney from Metropole Property Strategists.
\nThanks, mate.
\nMichael:<\/b>\u00a0 My pleasure, Kevin.<\/p>\n","protected":false},"excerpt":{"rendered":"

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