Mobile Home Parks In Real Life (MHP_IRL)

Perseverance

6 snips
Apr 20, 2018
Discover how to push through tough times in the mobile home park industry. The discussion highlights overcoming psychological barriers and the importance of realistic optimism. Self-doubt is explored, encouraging listeners to embrace their flaws while recognizing their strengths. The value of mentorship and commitment shines as vital tools for personal growth and success.
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INSIGHT

Realistic Optimism Explained

  • Realistic optimism means being optimistic about factors within your control.
  • Being optimistic about uncontrollable factors like market future is unrealistic and unhealthy.
ANECDOTE

Reassuring Partner During Crisis

  • Ian panicked in 2016 facing financial risk after leaving his steady job for mobile parks.
  • Ryan reassured him, and shortly after, they got a promising deal lead, renewing hope.
ADVICE

Challenge Strategy Thoughtfully

  • Challenge your core strategy only with good reason, not panic or shortcuts.
  • Identify your own biases, like "do something syndrome," before making drastic changes.
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