What is the connection between orange floats in a pool and the beginning of an investment in real estate in the US?
When I was a kid I was afraid to swim in a pool without buoys or a wheel. As the orange floats inflated under my arms I felt a sense of security. I run and jump into the water. I start swimming or rather move my arms and legs at the height of the effort. Damn with those buoys! I move like a turtle. They always put me back in a vertical position - with my head up and my legs down. You can not swim like that!
There are very important clues here to internalize. I was already in fifth grade, it was uncomfortable and even a little carelessness from the kids around, half of them are smaller than me and they swim without any lifebuoy. Well, I'm back to the shallow water and I'm just left with a standing area. This is how you can lower buoys and practice swimming. My dad was an amateur in swimming but it's not that the lifeguard is now going down from the boutique to give me a lesson. What to do? We'll get along with what's there.
A year has passed. In sixth grade we had a pool day. I jump into the water in Marc Spitz's pose (yes, that shows you how old I am…). No floats and no wheel! Moves the arms and legs at the peak of the effort. Good news, I'm swimming around. Not from the champions but not a sucker either. At that moment I thought to myself lucky that on the big holiday my mother enrolled me in a swimming class with teacher Alex. A little strict and tough but an excellent teacher. (Thank you mom loves you!)
One of the insights from the swimming story and part of learning is that no matter how we make it, some of the lessons can and should be done only in the water. There is an element of risk versus chance. In order to know well how to do something, one must practice doing it. The more times you do it the better. And it gets better especially if you go to classes with someone professional who already does it over and over again.
The scariest first time. Rightly so. Our feelings keep us going and direct us. For the first time there is more risk of unnecessary mistakes. The initial experience affects our confidence going forward. Therefore, the principle of not jumping alone straight into the water is first on the list. Too bad to miss an opportunity just because the initial experience was not good.
The story or legend about the investor who went in alone and in the first deal got stuck with a house near Crocodile Lake? If it's a true story then it's his fault. Apparently did not act correctly. Nor could he blame anyone if he ran to the pool with the clothes and later finds out that all his clothes are wet and he has nothing to change. There are unnecessary mistakes that can be avoided if done right.
In my opinion in every field, and not just in professional fields, need help when starting out. The teacher's experience can save the student time and money and heartache.
Is there something you or you encounter as an obstacle in your investments?
I invite you to contact me and we will talk a bit and see how we can help you.
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