April 6, 2023

It’s Not Hard, It’s Just Unfamiliar - Billy Keels

In today’s solo episode, Billy takes a look at how the tasks and processes required in investing may seem like they are ‘too much’ or ‘too hard’. However, once you realize that they only seem hard because they are new to you, you will find out they are actually straightforward when you get started and become familiar with them.
Billy Keels
CEO and Founder FGCP

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Going Long Podcast Episode 305: It’s Not Hard, It’s Just Unfamiliar

In today’s solo episode you’ll learn the following from Billy himself:

  • [00:19 - 01:26] Show introduction with comments from Billy.
  • [01:26 - 06:27] Billy takes a look at how the tasks and processes required in investing may seem like they are just ‘too much’ or ‘too hard’, but that if you realise that they only seem hard because they are new to you, you can know that all these tasks are actually straightforward once you start doing them and become familiar with them.
  • [06:27 - 08:45] Billy wraps up the show.

To see the Video Version of today’s conversation just CLICK HERE.

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Episode Transcript

00:00

Today's conversation is sponsored by first generation Capital Partners. If you're an accredited investor, and you want to know about how we're helping other accredited investors keep more of their income, go to firstgencp.com, forward slash going long. You're listening to the going long podcast with Billy keels, the number one podcast for long distance real asset investing.

00:21

Welcome to the Golang podcast, we're back once again to continue to help to educate you. So you feel much more comfortable as well as company investing beyond your backyard. And yes, I'm your host, Billy keels. And yes, you've noticed my voice is a little bit, well, it's kind of gone sort of, but I want to make sure that I'm here because I want to keep talking to you. I want to keep sharing. And I want to continue to thank you, each and every one of you who are here watching listening week after week, you're continuing to share on social media, sharing across LinkedIn, across Instagram, you're tagging us really appreciate that. And also, you're leaving your honest written reviews as well as ratings. And that helps us to continue to grow going long family. And it's something I want to say thank you for and if you haven't left, that honest review, make sure you do that. And we've got even a little simple video that you can watch. And, and and that will help you there. Also, too, if you want to see any of the previous podcasts, go to first ncp.com Ford slash podcasts, you can check out the transcripts, the audios, the videos, every single thing is there. So all you need to do is check that out. So today is another short solo episode, because you liked these short solo episodes based on the downloads, because there's like a lot of them. So we're gonna come continue to do things shorter and to the point and all that kind of good jazz. But you know, one of the things that comes up frequently that I hear from other people that are experienced investors, or people that are just looking to get started, like I have the strategy calls and people will quite frequently come up and hey, listen, this seems so impossible. Well, yeah, because you're a high paid physician or you are a, you know, six, seven figure business owner and you're putting your time and your energy in certain things. And I just want to maybe put some perspective on things.

01:52

Usually, when you feel that things are hard, it's not that they're hard or difficult to do. They're just unfamiliar to you.

02:00

And so if you can take just a couple of seconds, right, and I'm even going to share a story of something that happened to me that has absolutely nothing to do with investing. But we'll start with investing. Because the thing is when whenever you have never done something before ie invest in a syndication or purchase your very first real asset. Well, of course, it feels daunting, it feels like it's going to be really, really impossible to do because you've never done it before. One of the reasons that you're here listening and watching is because you're looking for clear steps, or you're talking to your friends, or you're sharing the episode with your family members, or you're going to the website, and you're checking out the blog at first gen cpa.com forward slash blog and you're in your reading, and you're getting the education base. And at a certain point, you have to also take action. And so all of these feelings of it's going to be too hard or like seems impossible. Remember, one of the things we've talked about is when you're making the move this we're going to start with investing. So you're thinking about making your very first investment you want to you're somebody who's getting crushed by taxes, and you're like, Hey, listen, this sounds like this, there's something that can be helpful, or you just want to start creating passive income and you want to buy your very first property. Well remember, there's a clear four step process. Number one, what is it that you're actually looking to achieve as an outcome? Once you're clear on that, that can be cash flow, that can be more time that can be to fly first class once a year, and you need to have certain amount of money to do that, whatever that personal objective is get that clear afterwards, then go to the locations that are going to give you the possibility to get that goal. And then most importantly, critically, build the team or connect with the team. And then that specific opportunity should help to align to get you to the goal, right. So those are the simple steps that we talked about before. And I know I've mentioned in other either solo episodes or you know, on the website, cetera, et cetera. But all of that stuff, if you've never done it before, of course, it's going to feel unfamiliar, but you just take it one step at a time.

03:56

It's either you or someone that you trust that you've vetted, that you've done your due diligence on that is going to help you get to that objective. It's not hard, it's unfamiliar.

04:09

But you just have to take step by step, that look I actually got outside of even investing just to make this even simpler.

04:18

So for many, many years, I have

04:22

you know, I've really, there's certain things that I've chosen not to do, because it just didn't make a lot of sense for for for me to do them. But I'm gonna give you it's like a super simple example. The other day, I had to, or I wanted to register for a website, and it was like, Oh my gosh, this is the most impossible thing. I can't believe it bla bla bla. And so I simply went and did a Google search, how to register for whatever, right? I went to the website, guess what, there was a really simple video and it broke it down in like four or five steps. I carved out half an hour of my time to actually go through, look up the information

05:00

Shouldn't once I found the information, this is important, this is key, apply the information. So I actually went through steps one through four, I got the information that I needed. And I was actually able to register for the website. Guess what I blacked out 30 minutes of time because I dedicated and made that a priority.

05:19

It took me six minutes.

05:22

It was something that I believed was so super impossible, so difficult to do. And I'd imagined all this stuff in my mind. Why? Because it was unfamiliar. But once I blacked out the time, had a clear goal, which was to be registered for this specific website

05:38

and was able to get the information but I took the information, which was I got from Google and a YouTube video, then I applied it. It didn't take me 30 minutes, it took me six, right. And so the reason I'm sharing this with you is because I know as a recovering perfectionist, sometimes we can get in our own minds, and you can get in your own mind. And think this is going to be so impossible, there's no way I can do this. Block the time, after you have the objective, block the time do the work. It's either yourself, or someone that you have done your due diligence on. So it's not a matter of being hard. It's just unfamiliar, get through it the first time and then eventually that's going to be a skill set. And I know we talked about that before. And that skill set is going to be one of the things that sets you apart. So if you're feeling overwhelmed, if you're feeling like this is a bit too much. Clear on the objective, block the time, get the information, and then take action. So that was super simple. You can apply that to your investing, you apply that to real life, like I'm just giving you a real life example. But most importantly, don't get stuck. When you feel unfamiliar. It's not hard. It's just unfamiliar. So, listen. And I know there's a lot of you that continue to listen and you're thinking, Hey, listen, I'm gonna create an investor, I've got these issues, and I keep paying way too much sonko Sam, and maybe this feels familiar to you. If you want to set an objective, which is to work to start to keep more of your active income. There is some information that you can also gain but then you take that information, you put it into action. If you go to first gen cp.com forward slash going long, you will be able to find out more information about that. Love to talk to you once again, first gen cpe.com forward slash going along. And while you're working on going from hard to recognise that it's unfamiliar, and then taking the steps to break that all down. I'll be here preparing for the very next solo episode. And so until then, go out and make it a great day. Thank you very much.

07:30

Trust that you enjoy today's conversation and once again today's conversation was sponsored by first generation Capital Partners. If you're an accredited investor want to find out more about how we're helping accredited investors to gain their personal freedom even faster. Go to firstgencp.com forward slash going long.

Billy Keels
Strategic Advisor, Entrepreneur, and Investor
Billy is on a mission to share a roadmap and opportunities with other extremely busy, high-performing professionals on how to find freedom and live the life they desire. Listen in to learn how!
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