I would be remiss if I’d not say that I have not given this real estate blog my all as of late. Between the site crashing, our Mecklenburg County’s Property Tax Revaluation Appeals, the annual State/Federal Tax Filings, and the day to day challenges of life itself, I have found it a challenge to make the time.   Just as those of us that are business owners, real estate investors, and/or investors in the stock/bond markets,  it is important to remember not to quit -even if your winding an operation down.  Success often requires perseverance.

 


So what do those two words mean according to Merriam-Webster Dictionary?

Definition of SUCCESS

1
obsolete : outcome, result
2
a : degree or measure of succeeding b : favorable or desired outcome; also : the attainment of wealth, favor, or eminence
Notice that success doesn’t necessarily mean “wealth.” Something I am constantly working on is measuring success with respects to the many other parts of life -other than ones bank account.

Definition of PERSEVERANCE

: continued effort to do or achieve something despite difficulties, failure, or opposition : the action or condition or an instance of persevering : steadfastness
To persevere is to march on in one’s beliefs, duties, obligations no matter the outcome until that which is meant -occurs.

So the website crashed, the new business didn’t come on board as planned, expenses are inflating while rental income is deflating, and on and on….  The key is that I (or you/we) continue to move onward. Not all is bad! The family is doing great,  I feel much more at peace, and monetarily (wise), Bernake has helped the stock/bond portfolio offset the other financial challenges.
Remember to focus on the good in your life and be GRATEFUL.

So here I am preserving with another article for the blog.  Think I’ve given some hints on up and coming articles?  Sure have… Am I going to quit?  CERTAINLY NOT!

The key is staying focused on the goals, outlining the steps (to attaining the goals), and taking action. So 98% of the informal tax appeals are mailed,  67% of the State/Federal taxes are done,  and the steps needed for the goals of all the other business, investment, and family operations are moving forward.   Some slower.  Some faster.  To me that is success.

So if the day-to-day challenges of life  become overwhelming, stay focused. Don’t dwell on the past and move on.  Start with looking at all you need to be grateful for.  There is good in all our lives. Keep it simple and read “Are You Mentally in the Game” for some of the steps to success.  I to -have a habit of making life a lot more complicated then it should be.   Often I need to step back from the days chaos and look at what is really going on.  When that clarity is achieved, the goals our outlined, and the steps known,  “Ignore the Static and Take Action!”

Written by Tyler McCracken

Local Real Estate Investor & Hard Money Lender in Charlotte, NC - Read Bio at our "About Us" page on the top right of this page.