WHY ACTIVATING THE PYGMALION EFFECT IS A NECESSITY FOR PROPERTY ENTREPRENEURS

If you’re anything like me then finding accelerated paths towards your goals is something you’re always on the lookout for. Just to be clear, I’m not talking about magic buttons and silver bullets, we all know they don’t exist- you can’t one up the universe. Whilst you can’t avoid ‘doing the work’, you CAN find optimal ways of doing things to accelerate the journey and enjoy it rather than battle through it. 

What I’m writing about in this post is one of those optimal paths – a tried and true way to accelerate your property growth journey but minimise procrastination, isolation and stress. That’s why for anyone serious about leveraging property entrepreneurship as the primary vehicle for creating life on their terms, activating the Pygmalion Effect is a necessity. 

What on earth is he on about? (you might be thinking). Lets share some definitions and I’ll explain my rationale so you can draw your own conclusions.

I am fascinated with psychology and human performance, and in the various things I read and listen to the Pygmalion effect is often referenced as a key ingredient for high performance.

Here’s a brief definition form behavioural science consultants, The Decision Lab:

“The Pygmalion effect is a psychological phenomenon that describes how other’s positive expectations of us can become a prophecy, as they lead to improved performance.”

WHY IT HAPPENS

“The Pygmalion effect happens because as social creatures, we are influenced by our own and other’s expectations. If we expect success from an individual, we are likely to give them greater support in order to help them achieve that success. Similarly, if we believe someone has high expectations of us, we will work harder to meet those expectations. Expectations act as a prophecy because they become motivators for hard work.”

If you’ve read this far, hopefully you’re connecting the dots, but I’ll explain my rationale for property entrepreneurs. 

WHY PYGMALION FOR PROPERTY ENTREPRENEURS

We (Chris and I) know first hand that a property entrepreneur’s path is fraught with obstacles and challenges like uncertainty, overwhelm, lack of clarity, lack of accountability, mental isolation and procrastination.

This makes trying to implement your best laid plans a constant struggle. 

That’s why we love to create incredible mastermind experiences for property entrepreneurs to work through these obstacles together, and help each other execute at the level of their best self. 

What I’m talking about here is literally the Pygmalion effect at work – You supercharge your results after a retreat experience like this because you’ve invested the time to stretch your thinking and translate something inspirational and meaningful to you, into an implementation blueprint that you can artfully execute on week by week. 

The bonds created on the retreat, and the understanding of each others’ business goals ignite this Pygmalion Effect which fuels a highly effective implementation sprint to finish the year strong and carry the momentum well beyond.

For people who are serious about raising their ability to execute and implement their property business plan, this is why Chris and I believe that activating the Pygmalion Effect is a necessity. 

We are going through the application process for our mastermind retreat with applicants right now but there’s still time to apply. 

CLICK THE LINK TO LEARN MORE AND TO BOOK A CALL TO DISCUSS IF IT’S RIGHT FOR YOU

IN CONCLUSION

To borrow the words of Darren Hardy, ‘there is a big difference between speed and velocity’ i.e. there’s a difference between simply being super busy and trying to work fast versus moving fast in a specific direction.

‘Velocity is going fast with a well mapped path to a clear destination.’ Darren recommends 3 things you need to do in order to achieve this:

#1 – It starts with intentional time away from the front line of your business so you can think, plan and make decisions, then you can do fewer things that matter more.

#2 – Eliminate weight by deleting, delegating and diminishing unnecessary tasks

#3 – Have tunnel vision – put your blinders on by blocking out the world and blocking out your calendar with scheduled priorities. 

We work through all 3 on our mastermind retreat.

‘Once you have your direction set and guidance system in place, then you can add speed and create massive velocity”.

This is exactly what we facilitate happening for people through our implementation sprint.

If you were to activate the Pygmalion Effect and become an execution powerhouse, how would you channel it to progress your property journey? Book a call and tell me about it 😁

Image credit: Discover Magazine

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