Episode 25

The Pride Trap

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“I don’t need help. I can do everything myself!” It’s an all-too-familiar line for many mortgage brokers. The problem is, they sometimes become so proud that they’re unwilling to consider making changes when their business actually needs it. But the truth is, trying to do everything yourself costs you time and money. And if you’re unable to outsource any work, you’re not building a business - you’re building yourself a high-paying job.

In this episode of Mortgage Broker Acceleration, James Veigli and Ash Playsted discuss one of the biggest traps mortgage brokers fall into – the pride trap. They talk about why it’s so easy to fall into it (especially if you’re a successful broker) and share some great tips and mindset shift ideas that’ll help you escape the trap.

The Key Questions

  • What is a pride trap and what makes it so dangerous? (1:33)
  • Why is it so hard to escape the pride trap? (13:27)
  • How do you approach pride the “healthy” way? (16:36)
  • What are the three steps to escaping (or avoiding) the pride trap? (19:33)

What You’ll Discover

  • The good and bad sides of pride in business (5:04)
  • The mindset you need to succeed in business (and overcome the pride trap) (10:22)
  • How you can start escaping the pride trap right now  (14:34)
  • The #1 reason why successful people struggle with the pride trap the most (17:45)

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