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DEALING WITH UNCERTAINTY

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I often emphasise the importance of enjoying the journey. You can't always be focusing on enjoying life in 10 or 15 years' time, when at last you get to buy that dream home. You need to enjoy life now, and to keep your goals fluid. For example, when the COVID-19 pandemic hit Australia in 2020, it became more difficult for some to buy the properties they wanted. With the goalposts shifting and even the banks working differently, people needed flexible plans. So set your long-term goals, but remain open to changes in external conditions. And be sure to enjoy the journey.

Another aphorism I like to share is this: if you're the smartest person in the room, you're in the wrong room. Surround yourself with people who can add more value to your practice than you alone can. It's really important to keep learning throughout life.

Don't take advice from people who haven't done what you're struggling to achieve. Instead, seek out people who have already accomplished your goals, and more. For example, don't use a buyer's agent who hasn't built up a property portfolio for themselves. That's not going to work for you.

I've made lots of mistakes along the way, and I'm happy to share this with my clients as well as in my writing and through the media. When clients approach me, I'll tell them quite openly, ‘We're not going to go out and buy a property tomorrow. First we need to look at your why, to find out what you're hoping to achieve. Then we can develop a strategy that recognises how you can get there. Buying the property comes later’.

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