This past week I have had the opportunity to interview a good friend who is a real estate agent. I learned from him that being proactive in learning new trade skills takes you a long way in saving money. In real estate, as in all businesses, saving money allows you to often make even more money. Of course there is the age-old expression of "it takes money to make money. That is also true. However, with the liability involved in renting real property to potential tenants, it is crucial to find ways to keep the tenant happy while saving money.
As I consider my opportunity to be a businessman in the future, I must have the mindset of thinking big! Something I always cite as an example to fall back on is the retail store industry, and how it has been molded over the decades and changed. People back in 70's and 80's, 90's, and even 2000's relished in the idea of shopping at big box stores like Kmart, Walmart, Shopko, Fred Meyer etc, etc.
When these companies first started, they were small and in only one singular location. The founders had big dreams though. They looked for ingenuity in ways to serve the general public better and allow themselves to expand-That was part of their big dream. We have seen in recent years the failure of these once big chain stores, such as Kmart and Sears. What happened to that big dream? It wasn't that the founder's big dream failed, it was just passed on to someone else who didn't own the big dream or even create it. That's the reason for failure; the vision of the originally entrepreneur was not passed down successfully.
Maybe big dreams are made to be passed down all the time. However, I have the desire to pass down my idea for the good, especially if it serves mankind well, and is lucrative.
As I consider my opportunity to be a businessman in the future, I must have the mindset of thinking big! Something I always cite as an example to fall back on is the retail store industry, and how it has been molded over the decades and changed. People back in 70's and 80's, 90's, and even 2000's relished in the idea of shopping at big box stores like Kmart, Walmart, Shopko, Fred Meyer etc, etc.
When these companies first started, they were small and in only one singular location. The founders had big dreams though. They looked for ingenuity in ways to serve the general public better and allow themselves to expand-That was part of their big dream. We have seen in recent years the failure of these once big chain stores, such as Kmart and Sears. What happened to that big dream? It wasn't that the founder's big dream failed, it was just passed on to someone else who didn't own the big dream or even create it. That's the reason for failure; the vision of the originally entrepreneur was not passed down successfully.
Maybe big dreams are made to be passed down all the time. However, I have the desire to pass down my idea for the good, especially if it serves mankind well, and is lucrative.
Comments
Post a Comment