Great Job… - Posted by JT-IN
Posted by JT-IN on February 14, 2002 at 08:26:50:
Good going, and congratulations on this deal. Be certain to immediately follow through to get the deed, so that a savvy investor or greedy banker doesn’t ace you out of this deal.
What I would suggest that you do, once the adrenelin stops flowing at warp speed through your veils, is to analyse “why” this deal worked, and the others didn’t. See if you can spot the characteristics that existed in many of the others, vs. this one.
One of the major differences between a Pro and a Rookie in this business, is that the Pro can spot a deal a mile away, and more importantly, can spot a loser 10 miles away. Why is it more important to be able to spot losers? Well, you do so immediately and do not spend time chasing situations that have no earthly possibility of working out for you. If you can master the ability to disect what is a doable deal upfront, and eliminate the waste of time of chasing undoable deals, that is when the “cream starts to rise to the top”. The largest difference with the Pro is, he/she is shooting at live targets, almost all the time; hence netting more kills…
So take some time to do some self-analysis, as it could pay some large dividends, if you can hone in on what causes the “why” of these deals.
Just the way that I view things…