H
ave you ever wondered why changing some of your behaviors is easy and changing others is so difficult? One of the primary reasons may be due to “lag time,” the time it takes between taking action and experiencing the result of that reaction.
Psychological research has shown the best time to “reinforce” a new behavior is right after the behavior occurs. Yet most of the changes we would like to implement in our lives take time to create. In fact, activities such as earning a college degree, raising a child, or fulfilling your life’s purpose can take years.
The same is true for your real estate business. For example, if you decide to start a blog, it may take 6-18 months before you see sustainable results. On the other hand, many successful bloggers have discovered that once they did the basic work to set up their blogs, they are able to take vacations and time away and still have a steady flow of leads.
The Instant Gratification Society
The challenge is that we become impatient. Our society promotes the idea of having it all and having it now. Unfortunately, when it takes more time than we are willing to spend to get reinforced (i.e. experience success), we often give up on the new behavior before the full effects have a chance to take hold. While instant gratification is nice when you are lucky enough to find it, the truth is that we seldom get instant gratification in our business. Instead, like going to school, it’s a series of steps.
To illustrate this point, one of our private coaching clients just hit the $100,000 level in net commissions to her for the first time. She has been working with her coach on this goal since January. She has tried lots of different things and kept making gradual improvements in what she is doing. The great news is that she is not only at the 100K level for the first time, she is tracking to actually do $150,000 in net commissions to her by the end of the ear, and that’s in this very tough market!
If you would like to benefit from coaching, we certainly invite you to contact us for a complimentary coaching appointment with a member of our coaching team from RealEstateCoach.com. In the meantime, here are four tips that can help you achieve the results that you want by addressing the issue of lag time.
1. Let go of the idea that change will take place instantly.
In most cases, whatever distresses you in life took a fair amount of time to get that way. Obstetricians routinely tell women it will take 9 months to totally lose the weight from their pregnancy. It takes 3 years to totally return to the state the mother was in prior to the pregnancy. When your business is having problems, it may take a number of months to turn it around.
2. The turkey roaster phenomenon
Have you ever been the person who had to wash the turkey roaster at Thanksgiving time. It was one big mess. In fact, when you first put it in the water, it’s actually a bigger mess than it was when it was sitting on the counter. If you keep scrubbing away at it, however, the roaster will soon be clean and sparkling. The point here is that to make improvements in your business, it takes putting up with things possibly getting messier before they get better.
3. Focus on the process, not just the goal
Imagine you are driving from Los Angeles to New York. If you only focus on how quickly you can get to New York, the time on the road will be both an inconvenience and a frustration. In contrast, if you focus on the process of making the most of each part of your drive, the drive itself becomes as fulfilling as reaching your destination. Thus, focus on making the best of each day in your life and your business rather than focusing exclusively on how quickly you can arrive at your goal or destination.
4. Small changes over time yield huge results.
For example, eating an extra sandwich a day doesn’t seem like much. Yet, if you maintain this behavior for a year without changing your exercise or other eating habits, you can gain as much as 52 pounds. Small, incremental changes over time, whether positive or negative, can produce extraordinary differences in your life. So be patient and as the old saying goes, “Keep on keeping on.”
Posted by Bernice Ross, Join us this week on RealEstateCoachRadio.com with New York Times Best-Selling author Don Hutson, the author of the One-Minute Negotiator. If you want to negotiate more effectively, you can’t afford to miss this incredible two weeks of shows with Don. Last week Don did five great shows on the topic of: The Selling Style that Works. This week Don does five more shows that include the following topics: Monday, Your Database Is the Currency of Your Future. Tuesday: The Seven “P’s” of Entrepreneurial Success. Wednesday: Four Negotiation Styles You Need to Know. Thursday: How to Overcome Negotiaphobia. Friday: The “Do’s” and “Don’ts” of Compromising.










