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Kick Imposter Syndrome To The Curb

Kick Imposter Syndrome To The Curb

Nichole Lewis offers advice on recognising and rising above self-doubt in the property investment arena.

By: Nichole Lewis

2 October 2023

Hey there, fellow investors, let’s talk about a sneaky little monster that likes to wreak havoc on our confidence: Imposter Syndrome.

It’s that nagging feeling of self-doubt that can make us question our abilities and achievements, holding us back from reaching our full potential in the world of property investing.

But fear not, let’s dive deep into the murky waters of Imposter Syndrome, uncovering its tricks in the realm of property. Plus, I will share three powerful tips to kick Imposter Syndrome to the curb and unleash your true investor potential.

Imposter Syndrome: Taming The Inner Doubts

Imposter Syndrome loves to play mind games, but once we recognise its tactics, we can confront it head-on. Here are a few ways it tends to show up:

  1. Second-Guessing Deals: The “Am I Making the Right Choice?” dance: Imposter Syndrome loves to make us doubt our decisions. It whispers, “What if this deal goes wrong?” or “Have I made a mistake?” We find ourselves analysing every detail, endlessly questioning our judgment.
  2. Questioning Knowledge, Expertise: Am I Really Good Enough? Despite our experience and expertise, Imposter Syndrome likes to make us feel like frauds. It says, “Do I really know enough?” or “Will others discover that I’m not as knowledgeable as they think?” It’s the constant worry that we’re not deserving of our successes.
  3. Perfectionist Tendencies: Chasing the Ever-Elusive Perfect Deal: Imposter Syndrome fuels our desire for perfection. We strive for flawless execution in every aspect of our deals, putting immense pressure on ourselves. But let’s face it, perfection is impossible, and this pursuit only adds unnecessary stress

As a seasoned investor, I still face my fair share of imposter fears. Despite my track record, I find myself questioning my abilities when levelling up my property deals. Thoughts like “Am I in over my head?” and “Can I pull this off?” creep in, casting doubt, but I don’t let my feelings stop me from taking action. Because if there is ONE thing I’ve learned it’s that FEELINGS do not equal FACTS.

Just because I may not feel confident doesn’t mean I don’t have the experience and/or knowledge to achieve success.

Here are some of my top tips to arm yourself for victory over Imposter Syndrome:

  1. Unleash the Power of Recognition: Take a moment to celebrate your achievements as an investor. Keep a record of your best deals, positive feedback, and any recognition you’ve received. When self-doubt strikes, remind yourself of your past successes to boost your confidence.
  2. Forge Connections with Fellow Investors: Don’t fight Imposter Syndrome alone; connect with a supportive network of strong investors. Share your experiences, fears and challenges with those who understand property. Talking openly about your concerns can provide valuable perspective and reassurance.
  3. Embrace Failure as a Stepping Stone: Instead of fearing failure, see it as an opportunity for growth. Every setback is a chance to learn, adapt and improve. Let go of the idea of perfection and embrace the lessons learned from your mistakes. Remember, it’s through failures that we grow.

Imposter Syndrome may try to stop you levelling up, but don’t let it hold you back. Recognise its tricks and arm yourself with our battle-tested tips. You have what it takes to overcome self-doubt and unleash your true potential.

So, let’s kick Imposter Syndrome to the kerb and reach for the stars. Believe in yourself, embrace your achievements, and remember you are worthy of success.

Get out there and make those property deals happen!

Nichole Lewis is CEO at The Property Lifestyle, an international best-selling author, property mentor, public speaker and passive income expert. Creator of Property Quadrants™ formula, she helps people replace their salaries with passive income. Contact Nichole to talk property and see how she can help you nichole@thepropertylifestyle.co.nz, 021 582 107, www.thepropertylifestyle.com, www.nicholelewis.com

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