Re: excited about L/O but too many competition… - Posted by Bill Gatten
Posted by Bill Gatten on April 01, 1999 at 21:16:00:
Did you ever hear anyone say: "Nobody ever goes to that restaurant anyomore, because it’s just too crowded?
Nope. The reason you’re running into competition in this arena is because the idea is an excellent one, the market is excellent, and a lot of others just as bright (or nearly so) as you, and just as willing to become wealthy are jumping on to a sure thing.
The difference between those others and you? They don’t know about the competition: 'never heard’a such a thing… just have to get up earlier, that’s all.
If there were NO competion, then you’d have something to worry about. The key word in your post (if you don’t mind me getting personal) is “some.” When you finally get to the point of being able to say, “I called 100 prospects and got nowhere,” then you have a legitimate concern. However, I will personally guarantee you that you will never be able to say those words! And If I’m wrong, I’ll give all your money back (you haven’t given me any, so that shouldn’t cost me much).
Klee, please keep on doin’ exactly what you’re doin’: just do more of it. And remember… your competition now has you to deal with. There are enough properties out there that you can’t buy 'em all any way.