The Club Mastermind Blog

Jan
22
2009
Are You a Gazelle or a Lion?

It seems that, everywhere you turn lately, the news of our economy only gets gloomier and gloomier.
 
While I attribute much of this "sensationalism" on the media desperately trying to make a buck by out-doing one another with "I have the BEST worst news", there is a strong underlying truth that can't be denied... we are in some challenging economic times.
 
As real estate investors it can sometimes be difficult to stay focused, to go out into our market and do battle with renters, buyers, lenders, contractors, politicians and a whole host of others keen on advancing their agenda at the expense of yours.
 
And that is business... regardless of what market segment you are serving or the state of the current economy. 
 
For many of us investors today, there are opportunities on almost every corner. You know what these opportunities look like... they are the short sales, the REOs, the estate sales, the tired landlord... everyone of them to be bought in most markets at 40% of their value... and less, in still declining markets. What great opportunities! Aren't we lucky to be active in this market!
 
But guess what... don't fool yourself into thinking you are the only investor who knows this "little secret." Every investor who is serious about making a profit is also on to what is shaping up to be a once-in-a-lifetime buying opportunity.
 
And here is where the gazelle and the lion come into play.
 
I was recently reading a monthly newsletter published by Dan Kennedy and he was commenting in his unique way about how in difficult economic times you have to get up and get moving every day...or you are finished.
 
Here is what Dan has to say...
 
"Every morning in Africa, a gazelle wakes up knowing it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up knowing it must outwit and outrun (at least) the slowest gazelle or it will starve to death. It doesn't matter whether you are lion or a gazelle. When the sun comes up, you'd better hit the ground running." And Dan adds: "(And like it!)"
 
So... it doesn't matter whether you are a gazelle or a lion - if you want to survive as a real estate investor, you have to get off your butt and get moving -every morning, from the moment your feet touch the floor... taking action to achieve your goals. 
 
And now, in no uncertain terms, you know the outcome if you fail to do so. Why not live long and prosper, instead?
 
To Your Success...
 
Pete
 
It is always about EXECUTION... Don't think about it... Just Do It!
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