The subject of Debe Maxwell, CRS 's challenge really falls within the purview of a coach consultant. And although most of these responses relate to real estate selling or buying, difficult questions abound always.
First a word about recession! Like most, I don't form my opinions from the news. I know that it can be difficult when you are bombarded 24/7. I understand data and I don't see anything on the horizon with the lowest unemployment and highest worker participation in half a century. Add to that increased savings and higher wages. That is not to say that anything is ever certain. However, I find myself spending more time these days watching the Food Network.
Now with regard to how I will be educating my clients I use my goal planning model. I would also remind people of the importance of long term planning. If you fail to plan you are planning to fail.
Take a long term strategic look. What is your vision? What do you ultimately want to achieve? Whether it is investments in the market, real estate, or your business, persistence and long term planning with get you to your goal. The long term performance of the market and real estate is up. Of course, there are bumps along the way. And if you stay focused on the changing needs of your customer your business will trend up too.
Whether it is a home or your business the goal must be yours. Don't ask others what you should do and that includes making decisions based on the media coverage. Once you have decided evaluate the risks, obstacles, and rewards. No risk--no gain. Consult your data, study trends, and evaluate based on facts and statistics. Take calculated risks not Las Vegas risks. But never take more of a risk than you can handle and consider the consequences first.
In summary, don't let others tell you what you need to do. Make your decisions based on thoughtful analysis and then own them. Keep your eye on your strategic goal.
This has been my entry to Debe Maxwell, CRS 's September Challenge.
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