People Principles pt. 3

Number 17: Use the power of greed as it relates to sellers and agents. 18. Be able to identify the value or undervalue of a property or business. 19. Use the power of partners-energy, integrity, and intelligence. Partners can profoundly amplify your power.20.Some of the best deals are rarely advertised. With this principle,relationships play a key component in finding opportunities before the competition does. 21. Understanding the science of politics. Who do you know that can help you with whatever business in which you want to start or acquire? Please review these steps and respond accordingly.

People Principles pt. 2

Here are the next eight principles. Number 9. Always limit financial exposure. 10.Each deal is supply and demand-you must control one or the other! 11. If the key doesn't work, change the lock. Always know what the other person wants. 12. Be a bulldog on details. Don't quit. Don't be intimidated!! 13. Listen to your first instinct. Do a gut check. 14. Execute all deals! Not closing a deal can lead to a bad reputation. 15. If a deal feels funny, step back and reflect and turn down if it doesn't feel right. 16. Be able to endure and never quit on anything!! As always please reflect and respond accordingly.

People Principles

There are 21 principles that are relevant in certain business transactions. Today I will list eight of them. 1. Act like you're in a position of strength even when you're not. 2. Be able to walk away. 3. Hire an attorney that knows how to close big deals before you buy. This principle is critical when purchasing large pieces of commercial properties. 4. Always control the property. Examples of this are a letter of intent, option to buy, purchase agreement, patent right. 5. Read about the art of negotiating. 6. Always protect yourself -if people can do without you in a deal-they will! 7. Stick to your guns in your weakest moment. 8. Being lucky means being ready for an opportunity. All feed back is encouraged.

Study to show thyself approved

"With all thy getting,get understanding."(Proverbs 4:7) The road to success requires an extreme amount of focus and determination. But, without proper planning and studying the minds and paths of others who have become successful, we merely fool ourselves into thinking that we can have what they have. Most successful people have experienced a period in entrepreneurship called delayed gratification. This is where the time and effort has been focused on learning and building a small idea into a lucrative business while also understanding all things require time. We can replace money, but not time. That's why it is imperative to understand your craft and to remain focused and diligent. As always please reflect upon the statements made and respond accordingly. Remember, wealth lies within the actions of today not the expectations of tomorrow!

Three Stages

1. The Risk Stage- Stepping out into the unknown.

2. The Ridicule Stage- Doom and gloom stories from people we know(friends, family,news). This can form self-doubt when attempting to accomplish what most would deem impossible.

3. The Reward stage- Tremendous power and wealth. This is only rewarded to those who diligently seek to become successful and refuse to quit at any cost!

Please leave any comments that relate to these three stages and what they mean to you personally.