All coins have three sides: Heads, tails, and edge. ~-Robert Kiyosaki
Find a need and fulfill it. Successful businesses are founded on the needs of people. ~A. G. Gaston
It always looks impossible until it's done. ~Nelson Mandela
If you’re creating a company, it’s important to limit the number of miracles in series. Start with something that’s the most doable and then expand from there. ~Elon Musk
Concentrate all your thoughts upon the work at hand. The sun's rays do not burn until brought to a focus. ~Alexander Graham Bell
God, make me so uncomfortable that I will do the very thing I fear. ~Ruby Dee
The most difficult thing is the decision to act. The rest is merely tenacity. ~Amelia Earhart
Software being "Done" is like lawn being "Mowed". ~Jim Benson
A person with a new idea is a crank until the idea succeeds. ~Mark Twain
Everybody told me no at first, including my wife. I turned the nos into yeses and the disadvantages into advantages. ~John H. Johnson
The best way to make dreams come true is to wake up. ~Mae C. Jemison
Be greedy when others are fearful. Be fearful when others are greedy.
~Warren Buffett
Buffett has lived by the above words for decades. He learned this approach from his mentor, Benjamin Graham.
Distress Leads to Opportunity
And now, those of us who invest in large multifamily properties will soon have a chance to apply the Buffett quote. The multifamily real estate market is showing early signs of distress. Fear and opportunity are in the air.
Farmers who plow and plant their fields in preparation for rain can look to the approaching storm clouds in celebration, not fear.
Adrian Diaz is a highly successful real estate investor, entrepreneur, and business leader. During negotiations or due diligence discussions, Adrian poses penetrating questions to get to the root of any problem that our team might be facing.
During a recent trip to Texas, Colby Fryar and I asked Adrian why he asks why.
If you’re remarkable, it’s likely that some people won’t like you. That’s part of the definition of remarkable. Nobody gets unanimous praise—ever. Criticism comes to those who stand out.
-Seth Godin
1990s and the Future Self
In the 1990s, a group of psychologists set out to challenge the prevailing dogma of their colleagues. These psychologists wanted to know, through their own research, what makes a person happy, healthy, and successful.
The prevailing dogma held that that human happiness was the product of past experiences. Certain levels of past trauma could not be overcome, they believed.
But the 1990s researchers discovered that human behaviors are not driven by our past experiences. Rather, we are pulled forward by our vision of the future.
