Have you ever felt that you are the only person who did not understand something in a conversation with your family members or colleagues? Maybe your lack of knowledge about something makes you feel inferior or worries that you are looking stupid.
Don’t worry! Everyone feels these self-conscious moments in their lives. The fear of asking questions is very common. However, it is more important to consider the answer to this question: How did you react to this situation?
Fear of the unknown can cripple.
Are you too scared to ask yourself an explanation or ask additional questions? This may mean that you are suffering from a general phobia. This fear exists with social concern and this article will refer to this phobia as “question hatred”.
Most people will remain silent, fearing to ask a potential stupid question allows them to cripple. This fear controls them when it comes to their ideas which they do not understand and they think that they will not ask the right questions.
The truth is that those who are afraid to ask questions miss out on a great opportunity to learn.
You may be asking, “Okay, what does this have to do with investing?” The answer is: a lot.
How to identify your social concerns as a new real estate investor
When you are new to the world of real estate, it is common to feel insecure and overwhelmed. You can even fight (breath!) Impostor Syndrome.
According to Psychology Today, Impostor Syndrome is defined as: “A psychological phenomenon where people are unable to internalize their achievements.”
You may find that your lack of knowledge on an idea makes you feel inferior to a group of investing peers, and therefore socially anxious. By hiding your feelings of inferiority, you can simply ask simple questions or say nothing. However, if you don’t ask complex or difficult questions, you’re actually hurting yourself.
Let’s discuss why asking questions is essential to your success.
More tips for beginners from BiggerPockets
Why is it important to ask questions?
Asking tough questions can help you reduce your mistakes, save you money (because you reduce your mistakes) and speed up your investment journey.
Here is a real estate example:
When talking to vendors on the phone, they may come face to face (unless you go to it, you certainly aren’t talking to vendors enough). Because of this behavior, your instincts are assumed that they don’t really want to sell. They must be tire kickers, you think, and you just want to end the call.
Because of your perception of the seller, you limit your conversations and do not ask difficult questions. Unfortunately, without consistently asking tough questions, you miss out on opportunities to find out the real reasons for calling such vendors.
Some vendors may yell at you, but if they end up willing to add you to the civic conversation, you can learn from them.
Challenge yourself by making it a habit to ask difficult questions to the following team members:
- Escrow officers
Give it a try and see what you learn. What is the worst case scenario? Do they act like a jerk? Then you learned important information. Like making an offer on a property, you’ll never know if you don’t ask.
Strong perception for the person in question
When you become confident and gain positive self-awareness, opportunities and success in the professional field will be waiting for you. Once you have overcome your insecurities, you can focus on increasing your knowledge and succeeding in your professional life.
Here are a few powerful perceptions that will change your life when you stop listening to your fears.
There are no meaningless questions
Ignorance is not the equivalent of stupidity. You don’t know or understand an idea, so you need to ask questions. Asking doesn’t mean you’re stupid but just that you don’t know a certain situation.
There really is no such thing as a stupid question.
Perhaps others have the same question
Perhaps you are not the only one with your question. Other investors, when they were new, struggled with the question you wanted to ask. And perhaps other newcomer colleagues feel intimidated and even stuck in their silence.
Take the initiative to ask your question because it will not only help you. You can also help others gain insights.
The question encourages productive discussion
It is normal to be non-frontal. For this reason, we often limit our opportunities to gain a deeper understanding from those with whom we do business.
Fear can keep you away from potential life-changing possibilities. By overcoming the fear of asking questions, you create valuable discussions that benefit you and all your colleagues.
You can get respect by asking questions
“We run this company with answers, not questions,” said Google CEO Eric Schmidt.
Children, inventors, recruits, students, employers in job interviews and talented thinkers all learn by asking questions. The key to your success is to be an inquisitive real estate student.
You earn the respect of your peers for taking the time and time to ask questions. You are doing your best and being a team player, which benefits everyone else as well.
You have shown respect to your mentors that what they have to say is important and you want to learn more. You are working on your curiosity and then listening to what they have to say.
How to overcome the fear of asking questions
Let’s discuss different ways to optimize your learning potential at the level you are at today.
Start with small forums
It can be difficult to ask tough questions, including fear of trial and not wanting to feel weak. If you live in a house full of novice and seasoned investors, you may be scared. When getting started, small forums can help you feel more comfortable asking questions.
A solid resource that includes “Investing in Real Estate for Startup Forums” can be found on the Associated Investors website.
Phrases the questions for everyone’s benefit
One of the most difficult questions for me, at the beginning, was to ask a salesman: “How much owni do you own in your home?” At first, it seemed intrusive. Who will tell someone that they do not know what they owe? However, most sellers do not mind giving that information. It depends on how you frame the question.
One way is to ask: “Do you have any property rights or mortgages? If so, are you currently mortgaging your property?” Because I’m aware that property prices in that area fluctuate, and I want to make sure we’re not going to give you a fair price or a fair offer. ”Two different approaches, even if you get the same results.
Ready to build your investment empire?
Think of us as your personal trainers. From a detailed breakdown of real-world contracts to one coaching session after another and a warm, welcoming community, host Ashley Kehr and Tony J. Robinson bring guests a wide range of “fresh” questions about you but may be afraid to ask.
Accept invitations and introductions that give you the opportunity to ask questions
I was talking to a new investor, and he said the group had nothing to give. He didn’t want other investors to feel like they were wasting their time working with him.
In such a situation, it is important to ask as many questions as possible. Don’t let the fear of justice limit the possibility of learning from those willing to teach. If you always teach, you will not learn. You can’t learn without asking questions.
Don’t ask too many questions
It’s important to remember that while asking questions is essential to your success, you don’t want to be blamed for causing question fatigue. The more you talk, the less you listen, which means you learn less.
Although it is important to ask questions, be careful not to ask too many questions or just repeat the same question.
You cannot allow others to guess what you are thinking in order to control your learning process. By overcoming the fear of asking your questions, you build your confidence and set an example for your colleagues.
Imagine what would have happened if Albert Einstein, Plato, or Sir Isaac Newton had decided not to question them.