“I am ever lucky”. I thought about how much has happened in just the last year alone. About the team that we’ve been able to build over the past year. The strides we’ve made towards systematizing our business, and attracting tremendous talent and enthusiasm to work with us. I’m lucky because I live in a great house, with a wonderful wife and playful dog, work in a great environment with great people, and get to enjoy fun things like a winter beachfront condo in the Dominican Republic. Life’s pretty great! How did I get so lucky? Sometimes, I can’t believe how fortunate I am when I count all the great things I have in my life. It made me think about what makes some people so lucky, and other people seem to never have any luck at all. Recently, we stopped working with a painter that always had a reason or excuse as to why he didn’t finish the job on time, didn’t show up, or didn’t do an acceptable job. We had given him several chances, and I had personally even tried to help him out where I could, since his personal situation was tough. His vehicle had broken down and needed repairs; the house he lived in with 7 other people had finally gotten to him and he needed to move; his health was poor because he didn’t take care of himself, or take any precautions like wearing a mask while he painted; and other jobs he was working on were not paying him. Every couple of weeks, he would seem to have an episode, and things would fall apart. He’d disappear off the map, and then a few days later would re-appear and doing a little more work. Every time this happened, we felt sorry for him and tried to get him back on his feet. The last episode happened while I was out of the country, and he exploded in a tantrum at the job site and walked away, because he couldn’t deal with all the stress in his life. It was at that point, we pulled the plug, and told him we were no longer interested in having him work for us. The amazing thing is that from his perspective, I’m sure he feels like we somehow screwed him, and that it’s our fault that we terminated his contract. I’m sure he’s figured out how it’s our fault that his life is such a mess, and that all we care about is the jobs and making money. This experience reminded me of how powerful it is to create luck and fortune in your life, and make it easy for it to happen to you. If you don’t, then by default, you’ll probably have bad luck, or no luck at all. While I feel bad for this guy and his situation which keeps getting worse, it makes me realize how so many people that are down on their luck are there simply because of the choices they make in their life. Where you are right this moment is a function of the decisions you make moment to moment. If you’re happy with where you are right now, you’ve likely made good decisions that line up with your values and goals. If you’re not at all happy where you are, then chances are some of the decisions you’ve made up to this point didn’t run parallel to where you really wanted to be. Real estate is such a fascinating business to be in, because you see all sides of people. It’s a unique business where people’s emotions are involved, along with money and other elements that affect their daily life. We sometimes have tenants who victimize themselves, and are able to convince themselves why it’s our fault they can’t pay the rent, or it’s somehow our responsibility to give them a clean, safe place to live at a rental amount less than what it costs us to provide it. Here’s something that I’ve found in my experience to be true, no matter who you’re talking about. There are three ways you can respond to any adverse situation in your life:
- you can place blame – blaming people, the economy, your boss, the weather;
- you can justify what it happened – finding excuses for the outcome, rationalizing why it wasn’t your fault;
- you can be accountable and try to find what role you had in the outcome.