Squeezing Lemons and Seizing Opportunity
How often have you come across someone that says I could have bought this property or that property for some absurdly low amount of money ? And then they live in regret and tell the same “would of should of could of” story over and over to all of their friends. And for you stock market followers, remember when Apple was trading at $10 a share before the company reinvented itself ? Imagine that… Now it is close to $300 !!! If you only knew then what you know now, right ?
The same situation applies to relationships. There are those relationships that never happened due to not seizing the moment. There are novels written and songs sung about the regret of a relationship that never happened. The same goes for job advancement and asking for a raise. I have read numerous times that one of the reasons that folks do not get a salary increase is that they simply did not ask for it. Think about that for a second…
One of Wayne Gretzky’s famous quotes is “You will miss 100 percent of the shots you never take. “ Another great quote by Michael Jordon is “I can accept failure, everyone fails at something. But I can’t accept not trying.”
Why I am writing this today you ask ? Because I firmly believe there is tremendous opportunity available to all of us out there, no matter what industry you are in or where you are in your life. Our economy always has its peaks and valleys. That is the history. It is a sign that we are alive and constantly evolving. Sometimes it takes someone to remind us that opportunities are even MORE magnified during the downturn, that inspiration can be found in the valley. That is where fortunes can be made, new business models are created, innovation and creativity is intensified and opportunities are endless for those that are willing to work hard and not fall into the trap of waiting for something to happen. Beware of the negative talkers, the doom and gloomers, the naysayers, and so forth. Without risk, there is no reward. And I know it is cliche but “no pain no gain.”
The person who reminded me of my conviction and belief that when life tosses you lemons, make lemonade, is Bart Blatstein, a prolific real estate developer who is very well known in our parts of Philadelphia. Bart spoke at our monthly RE/MAX Access sales meeting and shared his experiences over the years through those very same peaks and valleys I mentioned earlier. Blatstein shared some of his own experiences negotiating through some tough personal and economic times. He concurs that it is in those valleys is where we find real success, and that the opportunities are upon us now.
If you have been reading our blog and newsletter, you know our thoughts about opportunity and seizing the moment in the Philadelphia Real Estate market. We think there are deals to be had for buyers and investors right now. Mortgage rates are at historical lows and we know they will not stay that way. Do not be the one who says “I would of could of should of” bought that great investment property or taken advantage of the mortgage rates when they were so low. And for you sellers out there, especially if you want to buy, do not wait for the interest rates to go up and your purchasing power to go down. The opportunity for you is right now.
Opportunity – Seize it when it comes ! Whether it be your first new home, an investment property, a financial opportunity, your first date, a job opportunity, a pay raise or whatever it is in front of you that helps you move forward in life in a positive light ! We hope to see you out there sipping your own hand-squeezed lemonade.
Originally posted on The Philadelphia Real Estate Blog