Thank You, Mom
"Men are what their mothers made them."
- Ralph Waldo Emerson
We say “thanks” every day to people we don’t even know, but sometimes we forget to say it to the ones who deserve it most. This Mother’s Day, I’d like to thank my mom, and
I invite you to join me in thanking all moms all over the world.
Who knew Mom’s advice would help us as real estate investors?
7 Lessons From Mom That Apply To Real Estate Investing
1. Value education. The ability to learn is a gift and a responsibility. Our moms taught us early to give education a very high priority. People who invest in their education tend to be the most successful real estate investors in the long run.
2. Don’t follow the herd. Our moms taught us to think for ourselves. You can’t be successful as a real estate investor doing what everyone else is doing.
3. Practice generosity. Share your life and resources with others. My mom spent extra time after work tutoring students for free. In real estate, as in most businesses, givers gain. The best way to make friends in business is to make money for someone else. The more you give, the more you get — generous investors do more real estate transactions than greedy investors.
4. Talk is cheap. Words are important, but actions speak volumes. Your reputation in real estate will be based on your actions, not your rhetoric.
5. Seek and share knowledge. My mother, grandmother, and great-grandmother were all teachers. Teachers must both seek and share knowledge. Growing up, I learned to appreciate the time, energy, care, and commitment that teachers show every day. The most successful real estate investors always look for new ways to learn. Investors who share their knowledge inspire other investors to reciprocate.
6. Always say please and thank you. Manners are important for life and for business. In real estate, people prefer to do business with people who are polite and courteous.
7. Work hard. My mom always set a shining example with her consistently strong work ethic. The hardest working investors get the real estate deals that slip beyond the reach of others.
Good luck. Onward and upward!