Is Your Real Estate Business A Tugboat Or A Rowboat?

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Education & Training with Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.
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"Tugboats are the perfect example of being small but mighty."
-Carol Williams


I am fascinated by tugboats.  It is so amazing to watch these relatively small watercraft pushing or pulling such large and heavy loads, up to 1,000 times larger than they are. 


Tugboats can maneuver extremely large vessels with very heavy loads.  How in the world do they do that? 

They can do that because tugboats have very powerful engines, a specially designed hull and independently controlled propellor blades.  Here is a link to How Tugboats Work.

A rowboat is also small but not nearly as mighty as a tugboat.  It is only powered by whoever is doing the rowing.  If the rower stops, so does the boat. It can't really push or pull anything... just move itself slowly through the water. On a tugboat the captain only needs to be sure the engine is running smoothly.  It is like having an infinite number of rowers at the captains disposal.   

It got me to thinking about how this applies to the real estate business.  You are the captain of your ship (business).  Is it being run by a powerful engine like a tugboat or are you doing all the rowing? 


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"The best way to predict the future is to create it!"
- Peter Drucker

"Information is FREE. Knowledge, Experience & Integrity Are Priceless."

-Carol Williams

Retired: Real Estate Broker/Owner, Property Manager 
Coaching, goal setting and marketing consultant by appt.

Active: Golf & Travel Blogger
"Golf isn't a sport. It's a lifestyle."
SeniorWomenGolfers.com
TopTeamCarol@gmail.com


 

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Topic:
Real Estate Best Practices
Groups:
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Bananatude
Old Farts Club
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build your business like a tugboat

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Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Myrl Jeffcoat ,
Tugboats are truly amazing, aren't they?  And, thanks so much for the Feature in the Old Farts Club. Always love and appreciate that!

May 25, 2018 07:22 AM #25
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Brian,
You are the vessel that controls those wakes of water from the "other" side, aren't ya?  LOL

May 25, 2018 07:23 AM #26
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Anna Banana Kruchten CRB, CRS, Broker ,
Tugboats are totally amazing.  I'd say you're a tugboat on steroids.   LOL

May 25, 2018 07:24 AM #27
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Tammy Lankford, 
Every good captain has a life boat for emergencies, don't they?  Having several capable captains in the wings is a great way to run a business.  Have a great weekend.

May 25, 2018 07:26 AM #28
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

HI Kathy Streib ,
Yes, the video was really interesting.  They're amazing little vessels.

May 25, 2018 07:27 AM #29
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Ricardo Mello ,
I think being a tugboat, with all that power within it, is an awesome goal. 

May 25, 2018 07:29 AM #30
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Dr. Karen Jones Lewis, Broker ,
"Food for thought" is what most of my blogs are about. 

May 25, 2018 07:30 AM #31
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

HI Lottie Kendall ,
It does give one cause to ponder, doesn't it?  Tugboat, rowboat, speed boat, jetski???

May 25, 2018 07:32 AM #32
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Sally K. & David L. Hanson ,
Yes, airplanes are another marvel... way beyond my pay grade.  LOL

May 25, 2018 07:32 AM #33
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Amanda S. Davidson ,
Sometimes all we can do is row, isn't it?  Or, maybe even tread water.  LOL

May 25, 2018 07:33 AM #34
Rainmaker
1,264,607
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

HI Richie Alan Naggar ,
I like that... AAA of the sea! 

May 25, 2018 07:34 AM #35
Rainmaker
391,225
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Carol, thanks for the great analogy.

You are right, we each have to make a decision of how we power our business.

I try to keep my tugboat running. But, sometimes I catch myself rowing.

May 25, 2018 07:40 AM #36
Rainer
210,363
Greg Mona
Faira Homes Corp - Scottsdale, AZ
Real Estate in the 21st Century!

"Sometimes you're a tugboat and sometimes you're a rowboat". Sort of like "sometimes you're the bug and sometimes you're the windshield!" Thanks for this great analogy that is very applicable to the RE biz. Good reminder to be the tugboat (or windshield) as much as possible.

May 25, 2018 11:22 AM #37
Rainer
255,897
Chris Lima
Atlantic Shores Realty Expertise - Port St Lucie, FL
Local or Global-Allow me to open doors for you.

Great analogy. This is so true. Pontoon, here!

May 25, 2018 11:43 AM #38
Rainmaker
493,362
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Sometimes it's full steam ahead, other days just floating along...

May 25, 2018 06:19 PM #39
Ambassador
1,790,584
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I would also say both. It depends. I do like to watch the tugs on the Columbia River - what an art to be a Tugboat Captain. 

May 26, 2018 07:47 AM #40
Rainer
495,818
Sham Reddy
H E R Realty, Dayton, OH - Dayton, OH
CRS

Great analogy!!!

They can do that because tugboats have very powerful engines, a specially designed hull and independently controlled propellor blades.

A rowboat is also small but not nearly as mighty as a tugboat.  It is only powered by whoever is doing the rowing.  If the rower stops, so does the boat. It can't really push or pull anything.

May 26, 2018 08:26 AM #41
Ambassador
3,895,982
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Carol

Getting to this post kinda late, but it sure is a powerful analogy! I love the top photo! It get's you thinking a bit!

Jeff

May 26, 2018 01:43 PM #42
Rainmaker
964,051
Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Interesting thoughts Carol.  I'd prefer to be that tugboat!  Congrats on this well deserved feature :)

May 26, 2018 09:10 PM #43
Rainmaker
292,524
Mott Marvin Kornicki
Waterway Realty, Realtors® • Broker • South East Florida • - Miami Beach, FL
Waterway Realtors, Notary Public 786-229-7999

Great analogy! I think most of us in the real estate business are rowing (speaking for myself). The power of The Tugboat can be found in Real Estate Teams!

May 27, 2018 03:25 PM #44
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Carol Williams

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