business

The Deal

The deal is dead so I guess I can write about it. The deal I wanted to wrap up in 2020 with a pretty bow is in the toilet. Gone just like that.

Instead of celebrating the new deal in my portfolio, I am reviewing how it got squashed. It wasn’t just squashed once. It was squashed many times. Why? No lenders want to take a risk in this particular industry thanks to COVID.

Despite a rocking year of financials and long standing history, the market is considered volatile. This is crazy to me because the housing market is booming. Lenders will lend people money for a $400,000.00 home but they can lose their job just like that. As an entrepreneur you need to make things work, not just collect a paycheck.

For this deal I was willing to bet my blood, sweat and tears on an opportunity that is solid and immediately generating revenue but that’s too risky for the stuffy bankers in their suits and ties. 

This is just an example of what’s wrong with today. It’s okay for me. I have other irons in the fire so I’m going to keep on fighting and maybe revisit that opportunity later. Maybe later I won’t want the deal because I wanted it when others saw the odds were down. I like the underdog shots. The come-from-nowhere wins. The opportunities others will toss to the side because it takes grit to get the outcome desired.

For now I’ll watch. I’ll listen. I’ll soak in the experience. I mean I do say you have get some nos before you get the yes. I also believe in karma, timing and gut feelings.

In my gut I know when the time is right for me, the deal of a lifetime will pass by and I’ll be ready to sink my teeth in. For now I’ll wait. I’ll watch. I’ll learn. I’ll keep putting those coins in the piggy bank so I’m ready when opportunity comes knocking.

Can you say Corona has put up a wall for you in 2020? How did you handle your challenge(s)? What, if anything, are you doing now to be ready for traversing the wall. Hopefully your wall is just temporary like mine.

A new day. A new opportunity to get better. Moving on to greener pastures. A little farewell to bankers. I’ll don’t like government loans anyway. I’d rather start with a $20 bill and see how much I grow it.

Starting something from nothing is far more gratifying but not for the weak. Maybe you now know something about me. I will always be chasing the next version of me.

dare to be different

Change

Change impacts people in many different ways. Many don’t like change. Some fear change. Others crave change. Where do you fall in the mix?

For me, I crave change. I like variables. I dislike the hamster wheel feeling. Running in circles with no end in sight. I enjoy challenges that come with change. The unknown. What’s around the corner. How will I react?

Amidst a change in ownership at my gym, I learned my daughter doesn’t like change. What an irony since we have been living in constant change almost the entire year thanks to the pandemic. She said she likes things just the way they are. She doesn’t like to change the paint on the walls. She doesn’t like to move things from one side to another. To test this theory, I asked her to change bedrooms with me. She thought about it. She seriously contemplated. Can I have your bathroom too? Yes. She debated. The final answer is no that’s too much change! I will be missing this. I would need to do this different. The list went on. It was all the negatives and no positives.

I learned a lot during this process about her and how I can help her adapt to the change she faces in school due to the pandemic and other unexpected scenarios. I also learned that I again love change and thrive at even thought of changing rooms. The excitement was in the air. Would I like the new environment? How would I change the layout. What fuels me, panics her. 

Are you the type to live in the same house for 50 years because you don’t like change? Is it the inconvenience of change or the stress of change? Since some may fear change is that the same as not liking change? I don’t think so. Some truly fear change and get anxiety over change. While others just don’t like change as it’s uncomfortable or just an inconvenience. An annoying interference in your normal life.

Are you the type to keep the same job through retirement because making new friends and adapting to new environments is too uncomfortable?

How many kids struggle with change if their parents move because of the unknown?

The sooner you test your tolerance to change the better. Knowing where you stand is important. Knowing how to adapt or help others around you see the positives of change. Especially when change can strike without notice forcing you to learn a new skill or may mean new friends. Changing environments or scenery may be just what the doctor ordered for your life.  

Can you adapt or pivot if you got laid off from work or would you fall into a dark space? This is a change many can’t predict. Happiness is a choice. Choose happy. Where you are today is sort of tomorrow’s history lesson. You can visit the history at any time but change is in front for you. A forward progression. You chart your path ahead when you embrace change. You already know what history gave you, why not see what change brings to your future?

Thought post #1121. Hope you are enjoying your new year.