Economic and property circumstances have been fairly grim for 24 months now. It is no mystery and there is no useful purpose in trying to hide from it. We must stop, turn around, and face the situation as it is.
I worked as a marriage and family therapist for several years before I chose to transition into real estate. One of the most profound truths I learned from that experience is that attempting to hide from reality is the surest way to problems, stress, addiction, failure. As scary and as difficult as it may be, we must choose to peek into the closet and face the monsters.
A little hard work up front can prevent a lot of hard, destructive work later in the game.
We live in a time when we must take extra effort to analyze our spending, our habits, our expenses, and so on. We must think a little more on a daily basis about the short-term and long-term trends of our behavior. These are the things we want to teach our children anyway; yet, it is hard to live in these lessons as an adult.
If you have a business that is struggling, like many Realtors and Builders and Mortgage Brokers, now is the time for determination and wisdom. We must make better decisions, wiser choices. Do what you can do to survive and thrive, even if it mean working p/t in another area or field to make it through this time.
Whatever you do, be mindful of your attitude and inner thoughts. If you believe you cannot make it, your thoughts will tend to not making it. Thus, your mood and your behavior will trek toward ineffective, dismal outcomes. Let the economy be the enemy, not your own mind.
Spend time with those who are motivated. Find ways to be around those that are still succeeding and thriving. Create opportunities to network with other business professionals that are trying to solve problems and fight the recession.
Double dips require double determination.
If you are a Realtor, have you explored and found new marketing techniques? Have you pounded the pavement with flyers and networking? Work, work, work....