The Mindset of Success in Property and Life with Dominic Beecheno
Last updated: 13 Aug 2024
Meet Dominic Beecheno
Let’s delve into the mindset of success in property and life with Dominic Beecheno, a seasoned coach and mentor with over 10,000 hours of experience in coaching property investors.
Dominic Beecheno is the head coach and mentor at Property Strategy Limited and the property investors network. He has a unique approach to property investing, focusing on mindset and behavioural changes. His extensive toolkit includes DISC, Arison assessments, Wealth Dynamics, Motivational Maps, and Growth Mapping, among others. Dominic's mission is to help people transform their success in property by mastering their mindset.
Why is knowing what to do and doing it is not enough?
Dominic starts by explaining that simply knowing what to do and doing it is often not enough for success. The missing link is mindset – the established set of attitudes we hold about ourselves, which significantly determines our success. He emphasises that mindset encompasses the psychology behind our thoughts, actions, and feelings.
"Mindset is the established set of attitudes we hold about ourselves, which significantly determines our success."
Mastering self-talk to raise your game
One of the key aspects Dominic highlights is the importance of mastering self-talk. He encourages listeners to imagine they have invested a significant amount of money to hear this talk, which compels them to extract and apply as much value as possible. Self-talk, he explains, can be a powerful tool to raise your game and achieve better results with less effort. By investing in yourself, you signal to your conscious and subconscious mind that you are worthy and capable of success.
"The best investment is yourself because if you had nothing, the only thing you would really have is the self-talk that's going on in your mind."
Changing your perception for lasting success and happiness
Dominic delves into the significance of changing your perception of yourself to create lasting success and happiness. He explains that many of our limiting beliefs and fears stem from past experiences and societal conditioning. By becoming aware of these thoughts and choosing to change them, we can reprogram our minds for success. He suggests that spending time in activities that promote mindfulness, such as meditation, walks in nature, or even a hot bath, can help us observe and change our negative self-talk.
"Your perception of a problem makes it either a problem or an opportunity."
Copying and instilling habits of successful people
Dominic shares that one effective way to achieve success is by copying and instilling the habits of people who are already living the life you aspire to. He discusses the importance of balancing both the left and right brain – combining analytical thinking with creativity and intuition. This balance is crucial for generating new insights and making effective decisions in property investment.
"Imagination is more important than knowledge because knowledge is in the past, but imagination is a vision of the future."
Key takeaways from the session
Be ruthless with your mindset: Guard your mind against negative information and influences. Stop consuming news that triggers fear and anxiety.
Understand and overcome fear: Recognise that fear is often a fear of a feeling. By facing and feeling your fears, you can move past them and achieve your goals.
Invest in yourself: Treat personal growth as the best investment. The skills and knowledge you acquire can never be taken away from you.
Use your imagination: Regularly visualise your future and the person you want to become. Imagination is more powerful than knowledge because it shapes your vision of the future.
Break down goals: Start with a clear vision of your long-term goals and break them down into annual, quarterly, monthly, and weekly actions.
Balance thinking and doing with being and feeling: Success isn't just about action. Take time to reflect, relax, and tap into your intuition.
The Mindset of raising finance
In the latter part of the episode, Dominic addresses the mindset needed for raising finance. He explores why many people hesitate to put themselves out there and raise funds, often due to a deep-seated fear of failure. By shifting their identity to that of a successful, confident individual, investors can overcome these fears and take the necessary actions to secure financing.
"You are what you think about on a regular basis, and that's why we have to train our brain and put the right software into our head in order to get different outputs."
Conclusion
Dominic Beecheno’s insights provide a comprehensive guide to mastering the mindset for success in property and life. By changing your perception, mastering self-talk, and instilling the habits of successful people, you can achieve your property investment goals and create lasting happiness.
For more details and practical advice, be sure to watch the full episode of Deal Finder’s Corner and explore Dominic’s podcast, Property Lifestyle Mastery. If you enjoyed this session, let us know in the Property Filter chat, and we’ll bring more experts like Dominic to share their invaluable knowledge.
For more information, you can visit Property Strategy Limited and property investors network where he is the head coach and mentor.
Additional Resources
What’s Your One Word for 2023? Mindset Mastery with Dan Hill
The Power of Your Mind and Positive Mindset to attract deals and money with Immanuel Ezekiel
The Ultimate Edge: Mindset Hacks for Dominating the Property Market with James Wyatt
Transformative Power Of Perception In Property Business With Chris Moss
