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3 Steps to Keeping a Strong Mindset During a Volatile Market with Trevor Hammond
Season 2 · Episode 113

3 Steps to Keeping a Strong Mindset During a Volatile Market with Trevor Hammond

Think Bigger Real Estate · Justin Stoddart | Stephanie Peck

March 26, 202037m 48s

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Show Notes

Justin Stoddart  
Anytime there is uncertainty, leadership is needed more than ever. Right now with the Cova 19 pandemic, running its course through our nation through our economy and throughout the world, there is a need for leaders to step up. The reality is, however, is that you as a leader won't be able to fulfill your potential and offer the help that you otherwise could. If you don't have a strong mindset, this episode is going to give you three key principles that you're going to need to embody and improve upon. In order to be that leader that we need you to be. I can't wait for you to hear this episode. It's going to be a great one for you to listen to and for you to share with others. 

All right, welcome back to The Think Bigger Real Estate Show. I'm your host Justin Stoddard. Very excited about today's episode of a very good friend of mine on and we're going to give you three tips to having a strong mindset amidst a volatile market. Let me just remind you, my mission and my passion are to do the following are to help you to wake up and recognize the potential inside of you and then to inspire you and help you to live a life in pursuit of that potential. And I can't think of anybody better today to help me inspire you and help you to live in pursuit of your potential than Trevor Hammond. Trevor, before I give a full intro of you, thanks for coming on the show today, man.

Trevor Hammond  
Good morning. Happy to be here.

Justin Stoddart  
As always, as always, I love our conversations. You know, they probably started five years ago, Trevor and I scheduled a 30 minute sit down coffee meeting, oh, two and a half hours later, and we're like, Man, this is one of my buddies, like this guy thinks like, I think we've just had a great time ever since helping build each other's businesses. It's been awesome. So thanks for all you do. For those that don't know, Trevor. He is a branch manager of the top Sierra Pacific mortgage loan officer branch in the country. Currently, they are absolutely killing it. And a lot of that I believe, is under Trevor's leadership, both in attracting great talent, and then helping that great talent really, really thrive. So he's also a mortgage coach, so he should say a coach to mortgage loan officers and IT consultant to the end consumer. So anyway, and all of that even more importantly, is the way that he dotes on his family, which I absolutely love. Yeah, that's what it's all about, right? Is it we have a quality of life. And I know you and i right now are having more time at home, much like our audience than ever before, because of the Covid19 outbreak, which, of course, is causing some of the volatility of volatility. So, to really quick, again, thank you for coming on. And I want to begin with this question. You're a dad and a husband, somebody who thrives and having a great work life balance. Give all of us a quick tip, before we get into the three tips for having a strong mindset of being productive at home. What does that look like for you?

Trevor Hammond  
You know, I think I was already fairly groomed for this. It's a great question. Everybody's trying to figure that out right now. Right? And it was forced upon a lot of us. I was one of those people that I was already more productive at home than I was at the office. You know, I think the perspective there is, and some people maybe don't have the freedom to figure that out. Right? Because You do need to be at the office. But at the office, there's a lot of, Hey, you got a minutes right at home, you don't have that or you can at least shield yourself from it more, you know, you can choose to, you know, turn turn the phone over right or silence it. And I have a home office here, you know, I just set it up the same way my office at work was months ago, and I'm upstairs and we turned the movie room into my, my home office so that I could so I could read feed this bad boy here. Just have my quiet space, you know, and then when, when the kiddos do come up now like they do because it's spring break, right. Sometimes it's a welcome interruption just to just to be here with them. 

Justin Stoddart  
And I totally agree. Like in the background, I heard a little chirping from my two year old so yeah, given strong orders to not come down during the broadcast but you never know we might have a little more fun than people expect.

Unknown Speaker  
So I was working yesterday and my my nine year old 10 year old in a few days was vacuuming around my feet. Like, last time you vacuum buddy. Like this is awesome. House has never been so clean and organized ever.

Justin Stoddart  
You know, it really is. It's interesting. I thought this would be like the least productive place in the world. I'll tell you what, just the joy and satisfaction of being around family more often. I think it's making me like, really productive. Actually, I have kind of rethinking my setup kind of moving forward after this all passes. So let's get into these three points Trevor, obviously, right now, we have a very volatile market, right? mortgage rates are in the low threes. They're close to five, like within a day. I mean, there's just some crazy stuff going on. And I know we could get into the weeds and you'd be probably more qualified anybody to kind of talk about the ins and outs of the numbers. But this episode really dedicated to helping people to have a strong mindset despite all of that. Walk us through. I think we've identified three points really you have three points, three principles by Which we can live that will help us to have that strong mindset. Would you mind going into the first for us?

Trevor Hammond  
Yeah, I loved when you pose that to me, it forced me to really stop and think about how am I keeping such a positive mindset? You know? You know, you and I are very similar in that we understand we've got to be that voice of calm when there is when there is panic everywhere, whether it's you as a parent, you as a friend, you as a leader of a team, your clients to your your business partners, everybody is responding very differently. And, and that kind of ties into the second one we'll talk about today. I know that I that I threw your way but number one is gratitude. Just being grateful, which scientifically, you know, we've studied this for a long time and it's out there but the simplest way I've always put gratitude as at the very moment you're grateful for something you cannot be fearful of something at that moment. It's impossible, right? Our brains can only think of one thing at a time. So, you know, if we think of our brains as kind of a storage shelf, there's only so much room on that shelf, right? Just like my bookshelf behind me, there's only so much room. So if I'm on the news a lot, right, which, which obviously makes money by feeding us negative news, and there's truth and there, we got to dig a little bit, I won't get into that series got their own opinions of it. We could pay whatever, you know, why not?

Unknown Speaker  
We've got to put a lot of positive stuff on there. So, you know, I think about starting my day with gratitude and amidst a really what could be considered scary times? Definitely uncertain times. Right. And that's probably the biggest problem right now is it's nobody knows right? how long this might last and what the real impacts going to be. I'm grateful that I even have a really nice home to to be stuck in. You know, I'm grateful. My family is healthy. I'm grateful for the extra time. So some people are already kind of they're like, Oh my gosh, give me out of this house. You know, we've had to turn that around. And so I'm grateful for the time with my kids. I'm grateful that we're playing games, board games we haven't played in forever. My son almost beat me in chess yesterday, you know, sitting by the fir...