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« For Buyers: The Reno real estate market in the last 6 months | Main | Announcing: The first market bottom in Reno real estate (hint: it's in the 100's) »

August 18, 2008

Number one secret in investing

Blog.dog Superb photo by: Lady-bug

I stumbled upon a blog post today that was entitled, "the secret of the web(hint: it's a virtue)."

If you haven't guessed it, it's patience.

Ever since the Olympics started this month I have been following the games obsessively.  

Indeed,there's something heroic about these athletes; Spending countless hours training, often times without a crowd to cheer them on, injuries plague most of them (at least) once in their careers and most of the lesser known athletes spend their own money just to do what they love.  And watching them in Beijing reap what they have sown for the past four years is simply breathtaking.  

For all of them, patience was their number one friend in getting where there are now.  It takes that and a ton of hard work to endure all that they have just to even qualify for the Olympics. 

I can't help but wonder if we use the same mindset in real estate how much more effective will we be? If we developed a mindset of a marathoner instead of a sprinter maybe we won't be as exhausted as many of us are now.

I love what Seth said, "It still takes ten years to become a success, web or no web."

Here's Seth Godin's article

Here's another article related to the subject (about Jerry Garcia)

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