E283 Samuel Salzer - Unlock The Key to Your Investing and Personal Success By Understanding the Science of Behavior and Harnessing the Power of Habits and Thoughtless Transformation
As we age and gain new experiences, our brain changes and it becomes evident that we can’t hold every piece of information and knowledge that we encounter at all times. More often, we only retain information that is immediately useful or relevant to our present needs. But, we also want to remember crucial information that we’ve read today at a time in the future when it is needed, right?
We are joined in this episode by behavioral science expert Samuel Salzer to help us understand the science of behavior and the power of building positive habits in helping us achieve success in whatever goal we’ve set. Because forming positive habits isn’t always easy, Samuel gives us critical information on the science of building good habits, how they are formed, the strategies we can apply, and how we can set ourselves up for success by starting small. Let’s begin our journey of transformation from “thoughtful to thoughtless” and ultimately, to success!
Key Points from This Episode:
Samuel’s backstory and upbringing
What’s the catalyst that led to Samuel’s interest in behavioral economics while at the university in Australia?
Samuel’s insights on the science behind behaviors and habits.
Where should people start if they are looking to make transformations and changes in their lives?
Samuel explains the process of building a habit.
Proactive and reactive strategies to build the push in beginning a task and becoming productive.
Samuel discusses the “thoughtful to thoughtless” journey and how this can be powerfully and effectively utilized.
Why it is valuable to take inventory of your current habits if you want to change or build new ones.
Cornerstone habits that can give investors one of their highest ROIs.
Samuel answers the Rare-Air Questionnaire.
Tweetables:
“Intentions are not the same as actions.” - Samuel Salzer
“Try to make the world better one good habit at a time.” - Samuel Salzer
“The basic formula for behavioral science is the person plus situation equals behavior.” - Samuel Salzer
“Habit is the behavior done automatically.” - Samuel Salzer
“Everyone is different and every situation is different. So you have to approach things from a contextual lens.” - Samuel Salzer
“The most successful thing to do is to start small, and then build momentum and then build on that momentum.” - Samuel Salzer
“It's a journey from thoughtful to thoughtless.” - Samuel Salzer
“Repetitions form habits if they're done in the same time, same place, same context.” - Samuel Salzer
“We have a lot to change in our lives. We're not going to climb that mountain in one day. And so start small and start simply and allow yourself to build momentum.” - Tyler Chesser
Links Mentioned:
Start at the End: How to Build Products That Create Change by Matt Wallaert
Good Habits, Bad Habits by Wendy Wood
Mistakes Were Made (But Not by Me) by Elliot Aronson Carol Tavris
Download Raising The Bar
Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com.
In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more.
Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you!
Brought to You By CF Capital
This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.
If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team.
You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.
We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.