Trust Your Gut Or Ignore It At Your Peril
I explore the importance of trusting your gut as a savvy investor, emphasising the need to pay attention to signals and cues from potential clients, particularly in terms of communication and decision-making. I highlight the significance of clear vision and business acumen in successful deals, urging you to trust your instincts when something doesn't feel right. I also discuss the importance of mutual respect in professional relationships and the value of saying no when necessary. KEY TAKEAWAYS Trust your gut. Your gut can pick up on signals and red flags that may indicate potential issues with clients or deals. Pay attention to the consistency and clarity of communication from potential clients. Smooth and transparent communication is a positive sign, while sporadic and vague communication may be a cause for caution. Clients who constantly change their minds or can't settle on what they want can be a red flag. A clear vision is important for a successful deal, so if a potential client is indecisive, it may be time to reassess. Look for clarity in what potential clients do and their level of business acumen. While startups can be a good addition, it's important to assess if they have a clear plan and understanding of their business. BEST MOMENTS "Get through the pain of saying no as quickly as you can." "Your gut knows that that clear vision is really important for a successful deal." "And every no is a lesson, right? Every successful deal is a testament to your growing instincts." "Trust your instinct. In the business world, clarity is really important." JOIN THE NETWORK If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours. Useful Links: CPI Website - https://commercialpropertyinvestor.co.uk/Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/