{"id":87663,"date":"2024-08-28T13:30:12","date_gmt":"2024-08-28T03:30:12","guid":{"rendered":"http:\/\/propertyupdate.com.au\/?p=87663"},"modified":"2024-07-02T14:56:00","modified_gmt":"2024-07-02T04:56:00","slug":"is-your-i-q-set-in-stone-or-sand","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/is-your-i-q-set-in-stone-or-sand\/","title":{"rendered":"Is Your I.Q. Set in Stone or Sand?"},"content":{"rendered":"<p>Interestingly, studies have confirmed people have two beliefs about how intelligence works.<\/p>\n<p>Some believe it is \u201cfixed\u201d and others believe it is more \u201cmalleable\u201d and can alter over time, depending on your life experiences.<\/p>\n<p>A \u201cgrowth mindset\u201d is the key.<\/p>\n<p>Students who believe that intelligence is fixed, are less resilient.<\/p>\n<p>If you truly don\u2019t believe you can learn from your mistakes, you\u2019re hardly going to welcome the experience of failure as it seems that it serves no purpose.<\/p>\n<p>However, when students are taught that the brain grows when they work hard and make errors, they show a spike in their grades and actually enjoy school more.<\/p>\n<p><strong>Because they\u2019re less afraid of failure, they succeed more.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-159107 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/11\/failure.jpg\" alt=\"Failure\" width=\"800\" height=\"600\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/11\/failure.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/11\/failure-600x450.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/11\/failure-300x225.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>As an investor, you know you\u2019re being provided ample opportunities to feel like a failure and go on a downward slide in attitude.<\/p>\n<p>Unless you pick yourself up from the pit and cast your gaze towards the future, you\u2019re likely to miss grabbing the next property \u2013 which could be devastating in terms of opportunity cost.<\/p>\n<p>Now is the time to be vigilant and not let your past failures get in the way of seeing what\u2019s in front of your nose.<\/p>\n<h2><span class=\"toc_link\" id=\"learn-to-fail-effectively\">Learn to Fail Effectively<\/span><\/h2>\n<p>Failing with flair boils down to three aspects.<\/p>\n<p>It involves controlling our emotions, adjusting our thinking, and re-evaluating our beliefs about ourselves.\u00a0<!-- BODY -->\r\n<!-- \/21854739906\/BooksAll \r\n<div class='gam-all googlead' id='div-gpt-ad-1591967275697-0'>\r\n  <script>\r\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1591967275697-0'); });\r\n  <\/script>\r\n<\/div> -->\r\n\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"books_of_michael_yardney_body_\"><\/div><\/p>\n<p>According to Yale psychologist Susan Nolen-Hoeksema, the real difference between people who manage to snatch victory from the jaws of defeat, compared to those who slip into a self-defeating abyss, involves one key factor.<\/p>\n<p>People who ultimately succeed nip \u201crumination\u201d in the bud.<\/p>\n<p>Rather than continuing to be so self-involved with morbid, spiralling self-talk, they turn the corner and focus on what they can learn from the lesson.<\/p>\n<p>They force themselves to move on and set a goal for the future.<\/p>\n<h2><span class=\"toc_link\" id=\"so-if-youre-feeling-like-a-failure-i-have-an-insight-for-you\">So if you\u2019re feeling like a failure, I have an insight for you.<\/span><\/h2>\n<p>As Philip Schultz, author of Failure states: \u201cEveryone thinks they\u2019re a failure. The only people who don\u2019t are the ones who really are.\u201d<\/p>\n<p>Next time you take a hit, refuse to dwell on it, and just realise you\u2019re one step closer to your next successful investment.<\/p>\n<p>Learn from the experience and move on.<\/p>\n\r\n<!-- \/21854739906\/RHPHDiff \r\n<div class='gam-diff googlead' id='div-gpt-ad-1591966343056-0'>\r\n  <script>\r\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1591966343056-0'); });\r\n  <\/script>\r\n<\/div> -->\r\n\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"rich_habits_poor_habits_mobile_\"><\/div>\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"rich_habits_poor_habits_desktop_\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Interestingly, studies have confirmed people have two beliefs about how intelligence works. Some believe it is \u201cfixed\u201d and others believe it is more \u201cmalleable\u201d and can alter over time, depending on your life experiences. A \u201cgrowth mindset\u201d is the key. Students who believe that intelligence is fixed, are less resilient. If you truly don\u2019t believe&#8230;<\/p>\n","protected":false},"author":11,"featured_media":90230,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,653],"tags":[],"class_list":["post-87663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-property-updates","category-personal-finance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Your I.Q. 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