487. The Power of Perseverance: Building Mental Resilience for Success with Victoria McGuire
Release Date: 04/22/2024
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info_outlineCan pushing yourself to do uncomfortable things on a daily basis really transform your mindset and lead to success in both your personal and professional life?
In this thought-provoking segment of Mindset Shorts, host Suja Shyam welcomes back Victoria McGuire, a seasoned marathon runner and successful multifamily investor. Victoria shares her insights on how the mental toughness and commitment required to run marathons have translated into her success in real estate investing. She emphasizes the importance of doing things you don't want to do and being comfortable with discomfort in order to build mental resilience. Victoria also discusses her experience with the 75 Hard program, a 75-day challenge designed to cultivate self-discipline and mental toughness through daily tasks such as workouts, reading, and adhering to a strict diet. Throughout the episode, Victoria highlights the parallels between the dedication needed to complete a marathon and the perseverance required to succeed in the multifamily investment space.
Victoria McGuire is a real estate investor based in St Petersburg, Florida. She and her husband, Marv, started building their real estate portfolio in the early 2000s before pivoting to larger investments and founding Heartsill Capital Partners. Now they partner with well-established operators on larger multifamily deals to help everyday people accelerate their financial freedom and generate legacy-building wealth. Victoria and her husband specifically target investments in Florida, Georgia, South Carolina, and Texas.
[00:00:00 - 00:02:00] "Marathons and Multifamily: The Power of Commitment"
- Mental toughness is key to success in both marathon running and multifamily investing
- Commitment and drive are essential to pushing through challenges
- Consistently doing things you don't want to do helps build mental resilience
[00:02:00 - 00:04:00] "Embracing Discomfort: The Path to Growth"
- Self-discipline involves doing difficult things, even when it's hard
- Going through tough periods is often necessary to reach success
- Mental toughness allows you to persevere through challenges
[00:04:00 - 00:06:00] "75 Hard: A Journey to Mental Resilience"
- The 75 Hard program consists of five daily tasks designed to build mental toughness
- Tasks include drinking a gallon of water, reading 10 pages of a nonfiction book, following a diet, completing two 45-minute workouts, and taking progress pictures
- Missing any task requires starting the program over from day one
[00:06:00 - 00:07:00] "Navigating Challenges: Strategies for Success"
- Having a supportive partner can make challenging programs like 75 Hard more manageable
- Empty nesters may find it easier to stick to strict routines without the added responsibilities of parenting
- Incorporating variety in workouts can help maintain interest and motivation
[00:07:00 - 00:08:00] "Embracing the Journey: Final Thoughts"
- Trying a program like 75 Hard at least once can have a significant impact on personal growth
- Mental toughness and self-discipline can be cultivated through consistent effort
- Embracing discomfort and pushing through challenges can lead to success in all areas of life
Quotes:
"A key part of mental toughness is just doing things that you don't want to do and being comfortable being uncomfortable." - Victoria McGuire
"Sometimes you've got to go through bad periods of your life to get to the good. And I think mental toughness helps you just to get through those." - Victoria McGuire
Connect with Victoria:
Website: https://heartsillcapitalpartners.com/
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