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Achieving Long Term Success Through Business Culture

By
Mortgage and Lending with Commercial Finance Help, Inc.

Whenever two or more people come together with a shared purpose, they form a culture with its own written and unwritten rules for behavior. Our families, workplaces and communities all have cultures. These cultures have a tremendous, though rarely recognized, impact upon our behavior as individuals.

Each cultural environment provides a unique set of standards to which we must adapt. Our behavioral patterns change dramatically from cultural context to cultural context. For example, on the job we are expected to behave in accordance with certain social standards. Expectations about behaviors at work usually differ from what is expected of us in our kitchens and in our bedrooms.

We may choose not to behave in accordance with our cultures, but if we choose not to go along, we must be prepared for ongoing consequences. When we select goals for ourselves that violate the culture, we must either change the culture or endure a never-ending struggle.

Changes initiated in unsupportive cultural environments tend to last less than one year. In contrast, changes that are supported by the culture are likely to stick. In addition, both the desire to attempt change and the likelihood of long-term success are positively related to cultural support.

In order to achieve sustained results, goals must be linked with the creation of more supportive cultural contexts. This is true whether our goal is to exercise regularly, to increase organizational productivity, or to reduce drunk driving. The culture influences our choices and determines the effectiveness of our individual initiatives. Almost invariably, the long-term individual solution must also be a cultural solution. This fundamental understanding is expressed in a simple equation:

LASTING SUCCESS = INDIVIDUAL INITIATIVE + CULTURAL SUPPORT

Individual initiative is a necessary ingredient to successful change. In order to achieve sustained results, some of this individual initiative must be channeled into building more supportive cultural environments. To achieve long-term success, the good ideas and hard work of individuals must be linked to cultural norms, values and support systems.

 

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Anonymous
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What Is Hard Money and How Will It Benefit You?

 

Have you heard the term "hard money," but you're not sure what it means? Perhaps you know what it is, but you're unsure where to find it. Hard money is financial backing from private investors in the form of a loan. It is one of the best ways to get a business project off the ground, but you have to know how to obtain it the proper way.

 

Hard money loans are often used for construction projects. Typically, the lender loans the money in stages. For example, let's say you own a plot of land and you want to develop it. A lender will agree to back you on the project. They will loan you a percentage of the money at the beginning of the project,more during the middle of the project and a final installment near the completion of the job.

 

Lenders often pay the contractor for their work directly. For instance, once your contractor completes the foundation of the new building, the lender pays them a specific amount directly. Then, when the electricians finish wiring the building, the lender pays them directly as well. All contractors receive their payments direct from the hard money lender.

 

Private investors often prefer this approach because it gives them greater control over their money and their investments. You don't have to be a big real estate mogul to get hard money from investors. Many investors are willing to support many different types of projects. Private investors will financially back projects like single family residences, condos, townhouses, apartment buildings, hotels, motels, office buildings and shopping centers. However, they will not usually invest in undeveloped land.

 

While hard money lenders are willing to loan to residential investors, they most frequently invest in commercial real estate. This is due to today's instability in the housing market. Commercial investments are simply a safer bet for recouping funds an investor puts into a project. Because of skyrocketing foreclosure rates in the modern housing market and property values dropping at record rates, there is considerably less risk involved for the investor in commercial projects.

 

Commercial real estate is a very competitive market, but hard money investors are willing to buy properties, remodel existing structures and even build new properties. The commercial real estate market is still alive and well. In fact, today's commercial market is very similar to the residential market that profited so many people just a few years ago.

 

Hard money lenders are still in the game. In fact, they are busier than ever because banks are making the lending process more exclusive than ever due to a record number of people defaulting on their loans. Knowing how the private lending process operates is half the battle when it comes to finding private investors for your commercial real estate project. With a little research and networking, you will find the perfect backer for the commercial real estate project of your dreams. The hard money for the project is out there; all you have to do is find it.

http://hardmoneyloans.org

Aug 25, 2008 05:17 AM
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