This is short and sweet. A buddy of mine is a Realtor, and about a year ago, I went to his office. He had the following passage below on a piece of paper. After I read it, I immediately got a pen and wrote it down. It is very interesting...and inspiring. Enjoy!
The more I train…the quicker I get…the quicker I get….the slower they seem….the slower they seem….the easier the game…..the easier the game….the greater my threat….the greater my threat….the more attention I draw…..the more attention I draw…the tighter they play me….the tighter they play me…the more I train!
Thursday, November 13, 2008
Wednesday, August 6, 2008
Narrowed and Focused
With the mind state of an entrepreneur what must you and I do to accomplish our aspirations? Through my reading of business and self improvement books, I have noticed it is wise to be "narrowed and focused" on a specific subject and as much as possible, and to capitalize on our strengths. When Luciano Pavarotti (star opera singer) graduated from a singing school, he asked his dad, if he should be a teacher or singer, his dad said, "If you try to sit on two chairs you will fall between them, for in life you must choose one chair to sit on."
Look at legendary music bands. When they travel for concerts, they focus on what they do best and do it well. They don't concern themselves with scheduling radio interviews, making travel plans, make sure the sound system is right for the concert, they just show up...get off the bus...rock the house...and leave. Other people on their team take care of their specific roles.
According to the book Soar With Your Strengths In 1921 Dr. Louis B. Terman, a Stanford psychologist set about the study of genius by tracking 1,470 genius level children though out their life time. The study was known as 'the grand daddy of all life span research' .... according to the study, what distinguished those of spectacular achievement from those of low achievement and failure was 'prudence and forethought, willpower, perservareance and desire. They chosed among their many talents and concentrated their efforts.
Your assignment- Write down a full description of your strongest strength, characterizing the strength; were it takes place, what it feels like when you are practicing it, your greatness moment experience it. Pack in all the imagery you can, for the more vivid the description, the more likely it is that the strength will recur.
The chair I have chosen to sit on is "apartment investing." What is yours?
Look at legendary music bands. When they travel for concerts, they focus on what they do best and do it well. They don't concern themselves with scheduling radio interviews, making travel plans, make sure the sound system is right for the concert, they just show up...get off the bus...rock the house...and leave. Other people on their team take care of their specific roles.
According to the book Soar With Your Strengths In 1921 Dr. Louis B. Terman, a Stanford psychologist set about the study of genius by tracking 1,470 genius level children though out their life time. The study was known as 'the grand daddy of all life span research' .... according to the study, what distinguished those of spectacular achievement from those of low achievement and failure was 'prudence and forethought, willpower, perservareance and desire. They chosed among their many talents and concentrated their efforts.
Your assignment- Write down a full description of your strongest strength, characterizing the strength; were it takes place, what it feels like when you are practicing it, your greatness moment experience it. Pack in all the imagery you can, for the more vivid the description, the more likely it is that the strength will recur.
The chair I have chosen to sit on is "apartment investing." What is yours?
Friday, June 13, 2008
What opportunites are you missing?
If you are and business minded, this writing will inspire you.
I routinely go to my local library and check out books. I started doing this 8 months ago. I wish I would have started doing this YEARS ago! Around the same time, I started going to the library, a friend of mine gave me about 50 audio books. I have listened to them all. Some of the audio books I have listened to are from Zig Ziglar, Jim Rohn, Tony Robbins, Napolean Hill, Jack Canfield, Brian Buffini, Michael Gerber, Dr Stephen Covey…there are many more. In combination with the books I have read, I am a totally different person. If you have not I recommend that you too, go to your local library and read. But don’t read things that will “entertain” you. Read material that will give you an advantage, would increase your wisdom, strengthen your confidence, learn a skill etc. Jim Rohn says, “if you work hard on your job you will make a living, but if you work hard on your self, you will make a FORTUNE!”
With the books I read, I keep a journal. I transfer over key points of interest. Well, one of those entries in my journal is on McDonalds. When you read the story, notice how Ray Kroc started and how by accident he changed the world when he noticed an opportunity.
Ray Kroc born 1902
Was a drop out as a sophomore, played piano at several traveling bands, served as musical director of a Chicago radio station, sold real estate in Florida and paper cups in the mid-west. He quoted after the Florida boom collapsed, “I was broke…I didn’t have an over coat, a top coat or a pair of gloves. I drove into Chicago on icy streets. When I go home I was frozen stiff, disillusioned and broke.”
1937
Went into business for himself as a distributor for machines that made milk shakes. At one time 1954 discovered a restaurant in San Bernardino had 8 machines. No one else had that many. He went there noticed people standing in line clamoring for those 15-cent hamburgers. He asked why didn’t the McDonalds open another restaurant, he says “I was thinking about mixers, not hamburgers. If every McDonalds had 8 machines I would be rich. But McDonald brother shook his head and said, “See that house up there? That is home to me and I like it there. If we opened a chain I would never be home.”
Ray saw an opportunity agreed to franchise in exchange for one-half of one percent of the gross receipts. Opened first store April 15, 1955. In 1960 there were 228 McDonalds. About 100 were opened each year until 1968 when rate increased to more than 200 a year.
1961 Kroc bought control alone with the name all trademarks and copyrights from McDonalds for 2.7 million
“What opportunities are right in front of you, that you don’t recognize?”
I routinely go to my local library and check out books. I started doing this 8 months ago. I wish I would have started doing this YEARS ago! Around the same time, I started going to the library, a friend of mine gave me about 50 audio books. I have listened to them all. Some of the audio books I have listened to are from Zig Ziglar, Jim Rohn, Tony Robbins, Napolean Hill, Jack Canfield, Brian Buffini, Michael Gerber, Dr Stephen Covey…there are many more. In combination with the books I have read, I am a totally different person. If you have not I recommend that you too, go to your local library and read. But don’t read things that will “entertain” you. Read material that will give you an advantage, would increase your wisdom, strengthen your confidence, learn a skill etc. Jim Rohn says, “if you work hard on your job you will make a living, but if you work hard on your self, you will make a FORTUNE!”
With the books I read, I keep a journal. I transfer over key points of interest. Well, one of those entries in my journal is on McDonalds. When you read the story, notice how Ray Kroc started and how by accident he changed the world when he noticed an opportunity.
Ray Kroc born 1902
Was a drop out as a sophomore, played piano at several traveling bands, served as musical director of a Chicago radio station, sold real estate in Florida and paper cups in the mid-west. He quoted after the Florida boom collapsed, “I was broke…I didn’t have an over coat, a top coat or a pair of gloves. I drove into Chicago on icy streets. When I go home I was frozen stiff, disillusioned and broke.”
1937
Went into business for himself as a distributor for machines that made milk shakes. At one time 1954 discovered a restaurant in San Bernardino had 8 machines. No one else had that many. He went there noticed people standing in line clamoring for those 15-cent hamburgers. He asked why didn’t the McDonalds open another restaurant, he says “I was thinking about mixers, not hamburgers. If every McDonalds had 8 machines I would be rich. But McDonald brother shook his head and said, “See that house up there? That is home to me and I like it there. If we opened a chain I would never be home.”
Ray saw an opportunity agreed to franchise in exchange for one-half of one percent of the gross receipts. Opened first store April 15, 1955. In 1960 there were 228 McDonalds. About 100 were opened each year until 1968 when rate increased to more than 200 a year.
1961 Kroc bought control alone with the name all trademarks and copyrights from McDonalds for 2.7 million
“What opportunities are right in front of you, that you don’t recognize?”
Friday, February 29, 2008
CCIM
About a year and a half ago, I bought a commercial real estate home study program. In it I first heard about "CCIM" (which stands for Certified Commercial Investment Member). When I decided that I wanted to get in commercial real estate and to become a CCIM myself, I searched for people that had this designation in the San Francisco Bay Area. I emailed about 20 people, basically the same message about me wanting to have an informative interview. Only two people emailed me back. One was Ed Craine (Founder and President of Smith Craine Finance). From that meeting, I wanted to work for Smith Craine. Why? Well, because if I could understand the financing side of having a portfolio of apartments (which is my goal ) all that I would need next to do is educate my self on how to manage apartments. Other reasons why I choose Smith Craine is because of although we are a small firm, we have fire power. Ed is a CCIM and our VP is a CCIM. Being a CCIM is equivalent to having a PHD in commercial real estate. This week I have an experience to share regarding CCIM.
What is CCIM? What is the big deal?
Two weeks ago, I went to borders and as always I go straight for the real estate and business section. I picked up a book and read through majority of it. It was authored by a broker who is a CCIM. I had to copy what he wrote about what CCIM is and why it is special. Here is what was in the book....
To be considered one completes 240 hours graduate level courses in financial analysis, market analysis, commercial brokerage, tax planning, managing and marketing taxable assets, decision analysis and negotiations. Must pass a national exam. Of estimated 200k commercial real estate professionals approximately 6,000 are CCIM.
This week (Monday-Thursday 8:30-5. Friday 8-12 exam), I went to the 101 course (there are 3 more course to take to complete the training). All I can say is WOW. If any of you are serious/curious about commercial real estate you should take the CCIM courses. It will definitely help you.
So check out the web site and see when the next course is in your area http://www.ccim.com/
What is CCIM? What is the big deal?
Two weeks ago, I went to borders and as always I go straight for the real estate and business section. I picked up a book and read through majority of it. It was authored by a broker who is a CCIM. I had to copy what he wrote about what CCIM is and why it is special. Here is what was in the book....
To be considered one completes 240 hours graduate level courses in financial analysis, market analysis, commercial brokerage, tax planning, managing and marketing taxable assets, decision analysis and negotiations. Must pass a national exam. Of estimated 200k commercial real estate professionals approximately 6,000 are CCIM.
This week (Monday-Thursday 8:30-5. Friday 8-12 exam), I went to the 101 course (there are 3 more course to take to complete the training). All I can say is WOW. If any of you are serious/curious about commercial real estate you should take the CCIM courses. It will definitely help you.
So check out the web site and see when the next course is in your area http://www.ccim.com/
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