If at first you don’t succeed, try again. Then quit. No use being a damn fool about it.
W.C.Fields
I was searching for the term “Winners know when to stop“…one page I found had “For problems with gambling ring 123-456-789 “
I don’t really gamble, unless you count lotteries ?
And who calls `problem gamblers`, winners ?
If you are winning in any form of gambling, then there is no problem.
Its continuously losing, thats the problem !
But truisms aside, how many times have we all heard the phrase “winners never quit“.
I am here today to tell you that winners quit more often…than losers..
Winners know when to quit.!
Its the delusional,mad and sad who don’t have the ability to assess if something is working or not.
Take Rich Melman as an example.
The genius businessman who created “Lettuce Entertain You Enterprises” runs an assortment of eclectic restaurants all over the United states.
His company is well known for its string of successes but it also has had a few “successful failures”.
This is in an industry which has about an 80% failure rate for the first year of opening.
Melman has the ability to recognise what is working, and more importantly, when something is not working and closes the failing businesses down.
He always believes each of his “babies” will succeed but is smart enough to recognise when something is just not working and too move on.
As Will Rogers says,“If you find yourself in a hole, the first thing to do is stop digging.”
At its core, there is the grim desire to turn a cash black hole, into a possible profitable venture, and all businesses need a period of grace to try and make them succeed.
And always in the background is the primordial fear of failure.
People also worry that they will “lose face” if this deal does not go ahead.
They also know that staff, family and shareholders etc are relying on their success.
We are all working towards goals, its just that some of the paths we will end up taking, don’t work out they way we hoped or planned.
And sometimes, those “failures”, when we have chosen to stop..or slow down will inspire us with different ideas which leads to different ventures and gains !
The “skill” is when to recognise when to quit.
Some may argue that when you fail to reach your goal, you need to strive harder.
I think the important thing is to clarify a difference between a major goal, and minor goals by breaking it down in general terms.
The targets you set for your major goal, are accomplished by smaller steps towards minor goals.
And sometimes the minor goals, just do not work out.
And these minor goals can be anything from hiring staff to business locations to advertising campaigns.
The important thing is to be able to recognize when a minor(but important) target or outcome is not going to work and to stop sinking time and money into it and to move on.
Resilience is also built around “failures” of minor goals, but of course we don’t see people hoping to fail, to build strength of character.
As a brief aside…Entrepreneurs are sometimes motivated just in wealth creation.
But the purpose of entrepreneurship is not the accumulation of money but the creation of value adding products/services that will help make the world a better place for all.
Wealth is a result of consistently providing solutions to the problems of humanity.
This is not a mere thought bubble of hippies..its the essence of a true working ethos.
What has any of this got to do with property investment ?
You might have experienced the ups and downs when investing in different products and were unsure when to invest, or when to cut and run.
We understand that the real estate investment field is highly complex with multiple opinions of when and where you should invest !
But its not a buy quickly here, throw your money down….next.
There is a time to buy..and there is a time to wait.
That`s why utilizing a team of investment professionals like Ample Property Solutions helps you decide when its the right time is to invest.
And in the right location !
We are never going to “push” a client into any financial decisions they will regret.
At the end of the day, there is no need.
We have a team of experts to make all the hard decisions for you and we have a great product backed up by solid service.
Let Ample Property Solutions help you build an investment portfolio for the future of your family.
Today.
For more information please go HERE
Mark Twain said: “success is not final, failure is not fatal, it is the courage to continue that counts”.