Tough Question From A Private Investor? That’s A Good ThingJuly 25, 2019
Every game or every business for that matter has its rules that the participants must abide by in order to win. But more important than observing the rules of the game is the attitude of the player which involves one’s ego.
We need to know and expect that most people will quit. Half of them cannot even meet the challenges of life. Do you think they’ll meet the challenges of this business? The sad fact is that most people cannot focus and remain consistent. Only those with a one-eyed obsession for their goals and dreams will remain focused, consistent and will show the business every day.
Outings – In terms of relationship building, nothing is more important than some good face time. Several times per year, perhaps 3 or 4 times per year, you should spend an evening or a good part of a day with your Investment opportunities and/or their spouse. Take them to a sporting event. Invite them to a long lunch. Take them out to a fancy dinner. Face time is very important. You don’t have to talk about business the entire time. In fact, it’s almost better if you don’t. Let them see that you’re a complete person and they’ll fall more in love with you. People feel good about investing and doing business with people they like and trust. Why not go as far as you can go toward building trust at rapport?
Out of fear, many sit on the side lines watching the game instead of participating. Though that is the nature of life. Investment opportunities are plentiful, because so few participate in them! The set-up in many real estate investments alone can be so exhausting you may never execute. Same with stocks; the research and analysis can be overbearing. Research will always be a part of your due diligence, but what else can you do to make the process easier, more enjoyable?
Largely, compared to how we once were, we do not make much. Instead, we call ourselves a service industry. Or we shuffle papers around in various financial transactions that generate outrageous salaries and illusory profit. Couple the fact that two thirds of this economy is dependent on consumerism. Consumerism brought on by money advanced often through false financial statements, commercial and private. Money that was meted out against overvalued property and goods.
You need to research on the top companies carefully if you want to know the top penny stocks to invest in. There are companies that provide information to the public on their shares and their performances. They also list the products that they are offering and states if they had been successful in trading or not. This will make it easier for you when you are looking for penny stock picks to pick.
The fact remains, as history has dictated time and again, an economy built on fluff and illusion is doomed to failure. A civilization too self-absorbed to pay attention to its competition will end up in the second tier or even as a civilization in past tense. Instead of a bonafide business model, so many financial people love to model, we had instead a game of musical chairs. When the music stopped, the fun really started. People found themselves without a chair.
If you think that you don’t have the time to tap into this hidden source of private money, guess again. In just a few hours spent per week you could have hundreds of thousands of dollars in private money referrals coming at you. When you have a good business model and a solid value proposition, economic principles dictate that money will be attracted to your door. All you have to do is open it.