My latest dealings in real estate are teaching me loads about business. Actually, I’ve always applied many of these principles to things that I do, however, the experience has showed me that there’s many things you need to keep in mind in a real estate deal that you should also apply to your business. Most noteworthy:
– stay informed and do as much research as possible before you make any rash decisions
– got a tough decision to make… sleep on it if possible then decide
– if there’s something that others may percieve as a negative, tkae a hard look at the situation and put a positive spin on it
– hiring a contractor… interview atleast 3 of them before you jump in
– be careful when doing business with friends
– use technology… in a competitive environment the one who adopts technology to get a competitive advantage will win
I cold go on and on but I’ve watched about 27 innings of baseball today and I’m now rambling a bit… go Padres!
GIS, Maps, Geo and Location Technology by @gletham
