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Necessary Precautions to Take in Real Estate Investing

When sellers name their price for a real estate property, you may be tempted to reply with “yes” I’ll take it. But, it is best that you don’t move too fast. Why, because you can probably get the price lowered by tens of thousands just by “flapping your lips in the right direction.” Here’s what I mean by that.

There are seven words you must always use anytime a seller names a price for their property. And, you must use them more than once in the negotiation process. These seven one syllable words will make you more money than you can imagine.

Now how difficult is it to repeat seven little one syllable words? You may need to practice them a few times. Write them down on note cards. Post them on your wall, your bathroom mirror, on the refrigerator and on your telephone until you get them deeply ingrained in your mind.

These seven little words are your American Express card to more cash when investing in real estate. You never want to leave home without them. One additional tip before I give them to you. This is critical so do not omit it when using the seven little words. This will give them the proper impact when you use them.

You must be a bit dramatic. In other words, don’t use these seven words without emotion and feeling. Usually, the more feeling and drama you can put into it, the better. So, here are seven golden words to use in negotiation when a seller names a price. “Is that the best you can do? Then shut up and don’t speak another word. If you do, you lose.

Even if you face turns blue, green or yellow, never say another word. What do you do when the seller responds with his next price (usually a drop in price). Repeat the process as necessary until you get to his bottom line price.

Why Coaching in Business Doesn’t Matter

I recently read a study concluding that business results are 21 percent higher among organizations whose senior leaders ‘very frequently’ make an effort to coach others. The study, conducted by Berzin and Associates, also found that organizations that effectively prepare managers to coach are 130 percent more likely to realize stronger business results versus. those that don’t. If better results are linked to effective and frequent coaching within an organization, and there are volumes of research that support this, even without this latest study, why is it that many businesses don’t make better coaching a priority? Well, I have a few theories.

Coaching doesn’t get immediate results.

Coaching takes time to produce results. It likely won’t have an effect on the bottom line this month or maybe even this quarter. It takes time for people to get better at it, to use their new skills to help others improve their performance and for that improved performance to drive results. People are looking for more immediate improvements in their business and aren’t willing to wait six to 12 months for those results to materialize. Wait…what about new product development, emerging markets or business acquisitions? Those things often take even longer to produce results but companies frequently invest in them and focus on them. Maybe this isn’t a reason for lack of focus on coaching at all.

Coaching doesn’t feel tangible.

There is likely not a chart, graph or report that most businesses can use to measure their level of coaching effectiveness. It feels squishy and vague, so people often shy away from trying to improve it. The fear that we can’t put the ROI on a PowerPoint slide makes people want to focus on other things they can get credit for accomplishing or point to during a shareholder meeting. Business leaders are overly conditioned to focus on things they can represent with a firm number. The problem is that these things are mostly outputs. They are history, and they can only be measured by looking backwards. Only through changing our inputs can we change our outputs. And inputs such as innovation, creativity, coaching, leadership, communication, engagement, and commitment are the very things that cause measurable outputs like profit and growth to happen. We can’t measure everything that’s valuable and sometimes we have to focus on making it better, even if we can’t quantify it as tightly as we would like.

Good coaching is subjective

Most organizations would agree that they want their managers to be good coaches, but they often don’t do a good job of defining what that looks like. It’s critical to have an opinion, as a business, on how you want your managers to coach and what you expect of people who are going to supervise others in your organization. Telling them to be good, without defining what “good” looks like won’t help. That’s like putting a sports team on the field and saying, “go play well” without any further discussion about what that means. Interestingly, every time I put a group of people from any business in a room and ask them what good coaching looks like they come up with a pretty good definition but when you go look at organizations and evaluate their effectiveness at coaching, you find very few people actually coaching according to that definition. If they can define it in a workshop they can define it for their business but many times they simply don’t and without defining it, you can’t expect it to happen. Your definition of good coaching doesn’t have to be perfect, it just has to be better than your current state. The irony of this is that if they took the time to define it well in the first place that elusive measurement of effective coaching gets much closer to reality.

Good coaching is one of the most powerful forces you have at your disposal to change the game, create sustainable growth and achieve success. No team is successful for very long without it and yet with it, the potential of your business increases significantly. There are many reasons that businesses don’t place a priority on effective coaching. None of them are justifiable if you want your business to be better than it is today.

Investing in Clean & Renewable Energy

Nowadays, anywhere on the planet, the needs of power increases in demand and so is its price. This is because the population of the world has also increases, more people means more power is needed to power homes, cities and more power needed for production plants to produce conventional power. Huge portions of the world population are struggling to cope for their everyday living, of course this includes the monthly bills, and one of it is the monthly energy bill.

Isn’t it nice if we can save money from this monthly energy bill? Of course it has a good advantage.

Is there a way we can achieve this goal? The good news is, there is a way. The sunlight is free energy. It has an abundant and unlimited supply. If we can convert this energy to power our homes, then that is the start of our savings. To start, we build our own solar power system to power our homes, we can save a lot of money in the long term while enjoying clean energy.

But is it a good investment?

While most of the people who are not familiar with solar energy, they think that it is expensive to build and do not even realize that they can build it, themselves. You do not need to be a scientist or a geek in order to build your own solar panels at home, yourself. These solar panels and solar power system kits are already available and affordable. You can buy these kits and start building your own solar energy system. A kit comes with an easy-to-follow construction guide of the solar panels, so you can build it easily and safely. This is really a good investment to take on, as when this system is setup and running you are now start reducing your monthly electric bill. If, in the coming months or a year you have a goal of building more solar panels so you can produce more power, eventually you will be free from your monthly electric bill. Moreover, if you are producing more than what you need, you can sell this extra power to the power utility company, hence, you are earning from it.

This type of technology is already affordable to the common people, not just for the rich. Today, we all can enjoy a clean and renewable energy.