Starting a Business: When Failure Is Not an Option

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“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ . ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

AllBusiness Networks 

By Elizabeth Pekin

In a new business, the preparation is key. Our business was launched over my kitchen table on a shoestring budget. When we left our prior company my business partners and I did not have any idea what the future would hold. We jumped off a cliff without a landing spot.

However, I believe that our positive attitudes and belief in ourselves and our new business made success an absolute. My learning experience can hopefully help the next startup launch their idea or new business. Here is what I know…

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Failure is not an option

There was never a moment when we said, “If the business is launched…” We always used the term “When.”

When you are raising money for a new business, any doubt will result in a lack of confidence. This insecurity will show up when you are networking, meeting people who can help and mentor you, or pitching your business idea to potential investors. Believe and you will succeed!

What’s the worst that can happen?

My partners and I used this phrase about everything. We would brainstorm ideas and then always say, “What is the worst that can happen?” Worst-case scenario, we call this investor and he or she hangs up on us–and then we just pick the phone up and try again. Worst-case scenario we move our families across the country to launch our business (which we did) and it is a disaster–and then we move back. On and on…this is how we made each and every decision throughout the process.

When you fall down pick yourself back up

There will be failures. We had meetings that didn’t go well, ideas that we could not implement due to cost restrictions, and everyday challenges that resulted in disappointments. However, we never wallowed in failure. We always searched for the “glass half full” next step.

The investors we were convinced would be our partners did not end up presenting us with a deal we could accept. So we picked up the phone and called 10 more investment firms and set up meetings which eventually resulted in us raising millions of dollars in capital to launch our business.

There will be highs and lows

The highs will be high and the lows will be low. Remember, it is important to live in the moment. Looking back for us was never an option. We named our business “Momentum” because life is all about moving forward. When you have a failure, learn from it so it doesn’t happen again. When you have a success celebrate it!

Your personal life will go through a metamorphosis

Jeff Hyman, an entrepreneur who has a blog called the Startup Therapist, says a big part of balancing everything is being fanatical about your priorities and then scale back. We sweated the small stuff and then let some of the details work themselves out.

Live in the moment—have fun!

I travel a lot for business. Wherever I go, I meet interesting people and find that incredibly invigorating. Talk to everyone on the road: waitresses, rental car employees, the gas station attendant. You never know where these conversations will lead.

Our holiday office party was in a restaurant. I asked the waitress about herself. She told me she has two jobs. When I asked her what her “day job” was it turned out she worked for one of our clients! This waitress could bring in additional business to our company.

Positive energy is everything

If you channel positive energy, it will come back to you and will change your life. While traveling for business recently, I was delayed in the St. Louis airport for a connection through Atlanta. I was frustrated as I had been living out of a suitcase for too long and desperately wanted to get home to my family. Instead of letting the negative energy of this seemingly unchangeable circumstance take over, I decided to see if I could change the situation with positive energy.

We had a one-hour mechanical delay that would have caused me to miss my connection. I asked the gate attendant if I could use positive energy and enthusiasm to help load the flight more quickly. He chuckled and pointed to the depressed looking group of weary travelers and said, “Ma’am, go ahead…but good luck. Look at what you are dealing with.”

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I grabbed the microphone and smiled and addressed the crowd. I explained to them that if we all worked together to load the plane more quickly we could possibly make our connections. I cheered them on as the passengers gradually began to smile. The next thing I knew I had them lined up with their coats off and boarding passes in hand. They all high-fived me as they quickly boarded–and we got to Atlanta 20 minutes ahead of schedule and I made the flight!

Relax, rewind, reflect

As we completed year one of our business, we have made a conscious effort to slow down to take a breather. We want to assess where we are, what we’ve done well and what we haven’t, what were the best decisions we made, what were bad decisions, and what needs a little tweaking. With these findings, we are now off to write the plan for year two.

Energize Your Business: 4 Mental Exercises for Entrepreneurs

In: OperationsYour Career

Building a business takes a lot of energy and brain power. Here are some quick and easy-to-do mental exercises that will help energize your brain–and your business.

Positive Thinking Can Help You Overcome Business Obstacles

 

Are you a person who sees the glass half empty … or half full? Small business expert Denise O’Berry reveals how focusing on the positive can help you overcome the obstacles you will encounter as a business owner.

About the Author

Post by: Elizabeth Pekin

Elizabeth Pekin is the co-founder and president of Momentum Funding. Her entrepreneurial spirit led her to found Momentum Funding, LLC, a national legal finance company, in 2015. As the former executive director at Oasis Legal Finance, she built an extensive client base, funding thousands of plaintiffs. She is a published author and speaker at trial attorney organization conferences and national workers’ compensation conferences. Elizabeth has her J.D. from the University of Florida Levin College of Law and her undergraduate degree from Tulane University

Company: Momentum Funding
Website: www.momentumfunding.com
Connect with me on FacebookTwitterLinkedIn, and Google+.

An entrepreneur shares how having a positive attitude, and believing in yourself and your new business makes success an absolute.

SEE IT ALL: https://www.allbusiness.com/starting-a-business-failure-not-an-option-103141-1.html/2

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

FROM ME:

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a   CCIM:   https://en.wikipedia.org/wiki/CCIM 

PLEASE CALL ME 520-975-5207 OR E-MAIL ME walterunger@ccim.net

 Timeline of Arizona from  900 BC – 2017

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

______THE HABOOB_______APARTMENT-SALES-1-BIL

WEEKLY LAND CLOSING UPDATE / THROUGH September 22, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH September 15, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH September 1, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

Apartments: Construction, Planned, Prospective

Interactive Map :: 10+ Unit Apartments For Sale Greater Phoenix AZ

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 22, 2017 /  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 15, 2017 /  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 8, 2017 /  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 1, 2017 /  Phoenix Arizona Metro.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

 

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

ARIZONA FACTS – YEAR 1848 TO 2013

VIEW ALL OF WALTERS LISTINGS

What is a CCIM.

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

Kasten Long Commercial Group in Partnership with the AMA and WESTMARC / The  Commercial Event of the Summer

PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

Click here to View My Listings and Profile

Click here to find out what is a CCIM:

Click here to view my website:

Click her to join my mailing list :      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

2016 Official Arizona Visitors Guide

Visit Arizona

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

walterunger@ccim.net

1-520-975-5207

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 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

Walter Unger CCIM

Senior Associate Broker

Kasten Long Commercial Group

5110 N 40th Street, Suite 110

Phoenix , AZ 85018

Direct:    520-975-5207

Fax:       602-865-7461

walterunger@ccim.net

www.Walter-Unger.com

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