Business:Careers
Before we can talk about growth, we can’t afford to be breeding stagnation. Many of us are unwittingly breeding stagnation and we just don’t realize that we are the source of it. This stagnation can be something you aren’t even aware of at first. But how does this stagnation start? Is it the loss of control that Jed describes? Is it the muck and mire that Al describes? The truth is, it can show up in different ways for everyone, but it all boils down to experiencing the same old thing with the same results with the same fear.
We are here to tell you today that there’s more out there and you are not even scratching the surface of what is possible. In today’s episode, we discuss the signs and symptoms of stagnation and how it not only affects your business success but also your mental health and wellbeing. A combination of complacency, delusional optimism, and fear are hurting your success and causing the “suck of stagnation.”
Well then what can you do about this? Listen on to find out how finding a commitment to a higher purpose, surrounding yourself with winners, and developing a growth mindset are the keys to consistent growth.
“Before we can talk about growth, we can’t afford to be breeding stagnation.
Many of us are unwittingly breeding stagnation and we just don’t realize that we are the source of it.”
-Doren Aldana
Show Notes:
[2:24] - Doren, Al, and Jed are all very familiar with stagnation on all fronts.
[3:35] - Jed describes stagnation as a loss of control. The pressure and anxiety is overwhelming.
[4:48] - When there’s hope for the future, there’s power in the present. If you switch this, what does it mean if there’s no hope for the future?
[5:45] - The suck of stagnation does not just apply to the mortgage business.
[6:48] - Al creates an analogy to bodies of water. There’s muck in the stagnant water but moving water creates life.
[9:02] - We can see the symptoms of stagnation but might not see the solution.
[10:46] - Many of us are unwittingly the source of stagnation.
[11:23] - One of the symptoms of stagnation is complacency. Al explains this as giving up without realizing that you’re giving up.
[12:32] - “Complacency first starts by comparing yourself to the masses or the average. Why would you do that? You’ve given yourself your own self-imposed ceiling.” - Al Rodriguez
[14:20] - What is holding you back from success? Complacency happens in all aspects of life.
[17:36] - Part of the goal for Best Life Mortgage is to help people create their best lives but each person needs to internally discover this.
[20:01] - There’s a purpose that is aligned with love. A symptom of complacency is missing this piece.
[20:57] - We have to have a little bit of delusional optimism in this business, but what is too much and how can it breed stagnation?
[22:56 ] - Jed explains that optimism can be a superpower. But when it can go awry is when we don’t have a plan to go with optimism.
[24:41] - Delusional optimism is hard to admit when you realize it.
[25:38] - Al considers delusional optimism a virus in this industry.
[27:20] - Al gives examples of things people think that indicate they are delusionally optimistic.
[29:01] - Playing inside our comfort zone will not let us accomplish our dream.
[30:00] - You need to be willing to embrace the truth. Don’t let the truth upset you. You can’t change your reality unless you embrace it.
[31:09] - Fear has a multitude of faces. How does fear have anything to do with stagnation?
[33:09] - There is even a fear of being too busy. Don’t wait till fear is over. Feel the fear and do it anyway.
[34:19] - Al describes the type of fear that he experienced at 19 years old starting in this business.
[35:45] - When you are fearful of something, the more practice helps eliminate the fear. It may come back, but it is helpful to overcome.
[37:04] - Jed shares how he sacrificed fear as a way to get closer to God and the experience was impactful.
[38:45] - Doren describes the fear barrier that people tend to struggle getting past.
[40:38] - What contributes to growth? One is the commitment to a higher purpose.
[41:39] - What is Jed’s commitment to a higher purpose? He shares a relatable story and blessing.
[43:19] - Another huge purpose that Jed is passionate to work for is Best Life’s Mortgage giving back.
[45:10] - What is the goal of Best Life Mortgage? For every 7 closed loans, money is donated to rescue children from sex and human trafficking.
[46:34] - You have to be in the right environment and culture. Are you with the right people?
[48:42] - Al explains what happens when fear holds you back from your higher purpose.
[50:23] - Doren shares a story about a new mortgage professional working with Best Life.
[51:58] - Doren’s story demonstrates the power of a commitment to a higher purpose.
[52:27] - Growth mindset is another contributing factor to consistent growth.
[54:10] - Al connects growth mindset to culture. Our environment has an effect on your mindset.
[56:02] - Growth mindset is a community event as well as an internalized practice.
[58:07] - In the past, Jed admits that he hasn’t invested in himself and worked on his own growth. He demonstrates the impact the investments have had on him.
[60:08] - Outward growth starts with inner growth.
[61:51] - Fear and insecurity has a domino effect on our mindset and cultivating culture.
[64:33] - Make sure you are not the highest producer in your group of people. It is so easy to fall into stagnation and nothing you can look up to or aspire to be.
[67:02] - It’s okay to copy the people who are successful. There is no plagiarism here.
“Complacency first starts by comparing yourself to the masses or the average.
Why would you do that? You’ve given yourself your own self-imposed ceiling.”
-Al Rodriguez
Links and Resources:
The Legendary Lender Home Page
Best Life Mortgage Home Page
Mortgage Marketing Coach on Facebook
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