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Mentality is all. Something didn’t happen as expected, and you can accept it and learn or keep complaining. Most people do the second. Either you win or you learn. That’s mentality. And even if bitter, I’m trying to be optimistic. Fake it until you make it. ​ Why, let Daniel Kahneman explain it for me. ​ “Optimists are normally cheerful and happy, and therefore popular. Optimists are resilient in adapting to failures and hardships. Their chances of clinical depression are reduced, their immune system is stronger, they take better care of their health, they feel healthier than others and are in fact likely to live longer. A study of people who exaggerate their expected life span beyond actuarial predictions showed that they work longer hours, are more optimistic about their future income, are more likely to remarry after divorce (the classic “triumph of hope over experience”), and are more prone to bet on individual stocks. Of course, the blessings of optimism are offered only to individuals who are only mildly biased and who are able to “accentuate the positive” without losing track of reality." ​ This is per se a great business lesson. Totally applicable to Real Estate investing. Your enthusiasm is contagious. You’ll bring more clients, more investors, more good subbies, etc. ​ Now. Do you want to feel optimistic? Do you to change your mentality for the better? Then, you need to subscribe to the newsletter below. It just takes one click. ​Subscribe to the 1-minute question: mindset optimization, entrepreneurship, motivation, business, being more productive, self-improvement, better focus and social psychology​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit theantagonist.co PD 3: If you want unsubscribe, click the link below. ​ ​ |
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Arguments, unfortunately, don’t work. It’s proven. People don’t change their beliefs. At least, not with arguments. The reason arguments do not work is that most people hold their ideas and values without thinking about them. Think of politics. Think of clauses that you’ve seen in contracts. Think of people supporting their favourite teams. There is a strong emotional content in their beliefs. They really do not want to have to rework their habits of thinking, and when you challenge them,...
Impossible. Nobody can be that stupid. Well… welcome to another day. A contractor (let’s call him Mr. Optimism) decided to “save time” on a warehouse project. How? By installing the roof before securing the steel structure with the final bolts. “Don’t worry, jefe, it holds by itself.” Famous last words of every construction project ever. The weather app showed light breeze. New Zealand showed: “Hold my beer.” A 45-km/h gust arrived, grabbed the entire roof like a giant frisbee, and sent it...
In a meeting with an agency not long time ago, I was asked for advice with regards to the team they’ll need to set up for managing a PPP project. Obviously, our conversation started by a “are you kidding me”? Managing multibillion dollar projects required people able to handle multibillion dollar projects. That’s the basics. If you bring to your team people used to manage projects in the range of 10 millions… the focus is not going to be on the right things. The nickelling and diamonding...