Podcasts Business Flipping America Feelings are Overrated

Feelings are Overrated

Published: Sept. 7, 2018, 3:04 a.m.

FAR 174 Expected Air Date: 8/6/18 Opening Ok, I\u2019ve given away my content a bit with the title \u201cFeelings are Overrated.\u201d But I\u2019m going to back it up. I\u2019m reminded of a press conference with Coach Bobby Knight when, after a particularly difficult loss a reporter asked him how he felt. Even at the time I thought it was a dumb question, but Coach Knight didn\u2019t disappoint. He tore into the reporter and reminded all of us what a stupid question sounds like. That hasn\u2019t deterred reporters from asking the most obvious question over and over - \u201cHow do you feel?\u201d First of all, the answer to that always goes without saying. The reporter asking it is not seeking news, but rather echoing the sentiment in our culture that we should be focusing on and thinking about our feelings. Today I\u2019m going to challenge that notion and put forth the idea that while feelings are a part of our lives and should be acknowledged, 75 years of focusing on them hasn\u2019t made anything better and possibly has made things worse. If you\u2019re like me, and I bet you are, you see someone doing something completely senseless everyday. You also see people acting in complete disregard for everyone around them, as if the universe revolves around them. And lastly you probably see people who have a strong sense of self-esteem without any logical or apparent reason in their life why they should feel good about themselves. By focusing on our feelings we have lost our way when it comes to doing the hard stuff. A culture and a nation grows soft while contemplating our feelings. And the true tragedy is found in the belief that if we can discover how we truly feel, we will be better. The fact is, once we spend the time to discover how we truly feel, all we have done is focus on the emotion, but we haven\u2019t progressed toward any meaningful recovery. Watch a little TV and you will no doubt see a commercial for a new wonder drug designed to address one of your emotional states. Never mind the 5 pages of potentially life-threatening side effects they read off in super speed, the extent the drug works is the extent to which is numbs that feeling somehow. In a few minutes I\u2019m going to share with you a better way - a way to acknowledge your feelings and still get useful things done. I want to give you a hint now, but I think I\u2019ll leave it at that. www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it\u2019s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements:

  • Lunch with me every Wednesday.
  • Thursday August 9th, speaking at Flipping Atlanta \u201cInvesting in Real Estate with Your Self-Directed IRA\u201d
  • Tuesday August 14th, speaking at Catalyst, \u201cContractor Impossible\u201d
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  • Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm. \xa0
News! Topic: Feelings are Overrated If your life is a play, \u201cfeelings\u201d is one of the actors, but definitely NOT the director. Purpose is the director of our day to day lives. We\u2019ve spent two generations getting in touch with our feelings, and all we\u2019ve done is feel worse than ever before. While acknowledging our feelings, do what needs to be done and in so doing notice that we begin to feel differently, often better. Physical exercise combats depression. Progression of Activity and Reaction: Activating Event (external) Feeling Thought Decision Action Immediate problems result if we skip the \u201cthought\u201d step. Unfortunately our culture has been training people for at least 75 years to focus on their feelings which has led to acting on or responding to those feelings. If we completely ignore our feelings we may run into problems down the road, but our decisions will be more productive and reasonable. Here\u2019s another problem. Few people have practiced thinking before acting for so long, fewer still know what or how to think when they set out to do so. In general, schools don\u2019t really teach people how to think. They spit out facts for memorization and grades are based on the ability to memorize, not the ability to think. Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Questions@flippingamericaradio.com Tell us where you\u2019re from!
  • Ronald, Colorado Springs, CO, \u201cI need help finding deals for flips. I\u2019m wrapping up my third deal. All three of them came from a small local bank. They don\u2019t have anything else now, and I\u2019m not sure what to do next. I\u2019ve read a bunch of articles online, but I\u2019m not sure which ones work and which ones are hype. Thanks for the show.\u201d
  • Meredith, Pittsburgh, PA, \u201cI want to invest in real estate, but I don\u2019t want to own rental properties and I don\u2019t want to do flips. I want passive investment. I know about REITs and I\u2019ve done some checking into crowdfunding sites. The REITs don\u2019t have great returns but they seem relatively safe. The crowdfunding makes me leery. I know they are probably doing just fine but it seems a little dicey to me. How should I be thinking about where to put my money?\u201d
  • Sydney, Lancaster, PA, \u201cI\u2019m confused about getting my business set up. I own three rental houses and a duplex, all titled in my own name. I just watched a webinar on asset protection. I heard that I needed to form a Nevada Corporation, which they were willing to set up for me -- for a fee of course. Since it was a webinar I looked up what it cost and they were adding about $1000 to what it would really cost. So I passed. But the logic seemed compelling. So I think I need to do something. I would like your input.\u201d
  • Ellen, Villages of Ocala, FL, \u201cWe are trying to maximize the returns on our self-directed IRA. We started a little late in the game and don\u2019t really have enough money in there to buy and flip a house. Any suggestions?\u201d
  • Karenza, Long Beach, CA \u201cI want to dive into buying rental properties here in southern california. My question is, am I too late?\u201d
  • Britney, Penn Hills, PA \u201cMy husband and I are finishing up our first flip -- so exciting! We are having a discussion about interior paint colors. Our property is in an area that has a lot of investor activity with trendy styles and colors. I want a bold color scheme, but my husband wants builder\u2019s beige. Can you settle the debate?\u201d
Motivational Thoughts for the day
  • \u201cDreams will get you nowhere, a good kick in the pants will take you a long way\u2026\u201d Baltasar Gracian