When you sit down and analyze successful folks, in this case successful investors, you usually come up with the usual ones like:
- Tough negotiators
- Thick skinned
- Hard workers..
Etc. You get the picture.
However, there is ONE thing that I think they all have in common that is not addressed very often…if at all.
They are extremely competitive! That is correct…VERY competitive!
Getting into that next apartment or commercial property is not just a nice ‘next investment' it is a GAME to them in which they are competing with other investors (and in some cases themselves) in order to get the project they want.
Once they take over the project the competitiveness does not stop there…they compete against the clock to get items done. They compete against tenants, they compete against lenders, they compete against rules, regulations, etc. You get the picture.
I will go so far as to say that their success IS IN LARGE PART because of their competitiveness! If you are NOT competitive with this then it is NOT that you will not achieve the success of a superstar apartment or commercial property owner…It will just take you longer.
Think about it.