I had the good fortune of having a friend recommend that I read a very compelling book recently. The book is titled The Last Lecture, by Randy Pausch. If you haven't read this book, I highly recommend it.
Randy's book is extremely touching and demonstrates a courage and vision that few can only hope to emulate... and it is filled with great common sense insight.
In today's world, it is both refreshing and touching.
In one chapter of his book, "Romancing the Brick Wall", Randy talks about his trials and travails wooing his wife Jai. As a life-long bachelor and Jai having been married once already, Randy was ill-equipped for the resistance Jai was presenting. And Jai did not want to move quickly or at all into a relationship she was unsure of. Hence the brick wall. A wall that Randy was determined to go over, around or through to win Jai's affections. Which of course he did.
From some of the most routine events in our lives, as in the life of Jai and Randy, come some of the most profound lessons. How many times have you been confronted by a "brick wall?" In Randy's case, this wall was real. Jai put up the brick wall and Randy had to go through it. In your case, are the "walls" that you confront real, or imagined? Or even self-created? And regardless, are you stopped by them...letting these walls kill your dreams and aspirations...or do you find a way to go over, around or through them, as Randy did?
And once again...I am sure you are scratching your head wondering...Pete...what has this got to do with real estate investing?
And, again I will respond...EVERYTHING! Let me give you a few recent real-life examples - that I have witnessed:
Real Estate investors who quit the game, because they believe they cannot get their deals financed. This may be a real brick wall for some. But, more than likely, it is a perceived, self-created brick wall for most. Created as an excuse...so that they can rationalize that they "could" have found the deal, IF they had financing. This brick wall is one of the easiest to overcome...assuming you know how to approach lenders.
Another is a real estate investor being afraid to make low ball offers. Because, many investors say to themselves, "what if I insulted the seller?" Or their worst nightmare, "What if my offer(s) got accepted?" Many of my clients love this kind of problem. But then, I also have a few who are afraid to make offers, because they just might be accepted...
I think you get my drift. I have always maintained that the mechanics of real estate investing are easy. It's the brick walls, mostly perceived, not real, that, in my opinion, keep you from achieving the success you are seeking as an investor.
I will leave you with two thoughts...
Identify your brick walls and then make a conscience decision to ovecome them... And,
Take a few moments from your day and read Randy Pausch's book. You will be glad you did!
To Your Success...
Pete
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Peter R, Giardini is the founder of The Club, Real Estate Mastermind a National Real Estate Investor Coaching program whose philosophy is that real estate investing coaching/ mentoring can only be provided by experenced "local" coaches in a one-on-one environment. To find out more about The Club visit http://www.theclubmastermind.com or send an email to info@theclubmastermind.com.
You can listen in and participate in Pete's Real Estate Investors' Mastermind radio show every Thursday night at 11:00PM on BlogTalkRadio... www.blogtalkradio.com/peter-giardini. All rights reserved 2009.
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