146: Challenge over Complacency- Friday Fundamentals

We live in a world that our ancestors probably couldn’t even dream about. Advances in modern technology have changed the way we live, interact, work, etc. We have the world at our fingertips with smartphones and access to a global network of information we call the internet. Our lives are filled with luxuries (whether we think of them as such is another topic), like modern medicine, clean water at the turn of a knob, heating and air conditioning, a wide variety of food available, stable government, stable social infrastructure, security from threats, and the list goes on and on. These are all great things, and we shouldn’t take them for granted. We’re truly lucky to live in the world we do. We are comfortable.

Sounds all good, right? Well, maybe not so much.

These comforts we’re accustomed to have created some unique problems in their own sense. We’re no longer challenged in the ways that we once, as humans, were. If an individual wanted to go throughout life without facing extreme challenges, they could. And many people do. This has some consequences though.

Think of that feeling you get when you accomplish something difficult. That’s an awesome feeling, right? Well, lots of people aren’t getting that. There’s not much sense of accomplishment by turning your thermostat down a couple degrees if your home is too warm.

I personally think that this lack of opportunity for accomplishment is what drives people to work so hard on both their careers and family. Because, what else is there to accomplish? This is not to say, that there aren’t ways in which you can challenge yourself, because there absolutely are! You just have to search for those and purposefully take them on. Let’s look at how you can do that.

“The tragedy of life is often not in our failure, but rather in our complacency; not in our doing too much, but rather in our doing too little; not in our living above our ability, but rather in our living below our capacities.” – Benjamin E. Mays

There are many ways to challenge yourself. One of the best ways to challenge yourself comes from advice from Grant Cardone, which is to set 10X goals. This means set your goals 10x higher, and then follow up with massive action. The act of simply 10Xing your goals causes you to think differently to achieve them. You’ll have to push yourself outside your comfort zone just to attempt to achieve that goal. You’ll force yourself out of being comfortable and complacent.

Setting a 10X goal will give you something difficult to try to accomplish. This, alone, is the root of what we all crave. It’s in our makeup to overcome challenges, figure out new things, and defy the odds stacked against us. The harder the task, the better if feels to accomplish it. Need proof? Just think to a time in your life when you accomplished something difficult and how you felt after. I bet you felt a sense of accomplishment you don’t usually feel.

I’m not a clinical psychologist, and haven’t spent my career researching the effects that accomplishing difficult challenges has on the human mind. But I do know the results of such in my own life have been profound, and I haven’t even accomplished much! I’m just a engineer, real estate investor, and podcast host, trying to figure out my way in life. But these challenges on their own have been enough to push me outside my comfort zone, and cause me to change the way I think.

From setting that 10X goal, it all starts with the first step. Maybe your goal is to earn $40,000 per month in passive income from cash flowing real estate. Sounds daunting, right? You just have to take that first step. Maybe that path looks something like buying a single family home, then a duplex, then a fourplex, then a small apartment building, then a larger, then larger, and you continue to repeat that process.

Many people never challenge themselves, and go through live being complacent. Fear of failure, lack of motivation, and little self confidence keep people from chasing their dreams, and pursing what they want. Don’t let this be you. You are an action taker, and are more than capable of achieving anything you can dream. It just takes lots of hard work and dedication.

So, what will your challenge be? How will you accomplish it? Whatever it is, pursue it with all you have. Soon enough, you’ll look back with a sense of accomplishment.