Pareto’s Principle

Pareto’s Principle

    Vilferado Pareto was an Italian economist in the late 1800s. While working at the University of Lausanne, in Switzerland, he noticed that income was unevenly distributed throughout Italy. After researching the issue, he determined that approximately 80 percent of the land in Italy was owned by 20 percent of the people. This led Pareto to investigate other countries where he discovered a similar statistic ⎯ 80 percent of the…

It’s not about you. It’s about them.

It’s not about you. It’s about them.

  I had two recent experiences that were the epitome of poor customer service. One was at a recent closing where the real estate professionals were bantering back and forth so loudly that the attorney and the buyer (the actual customer who is paying everyone’s salary at the table) couldn’t hear each other. The second was at a big box store where I had a less-than-enjoyable time picking up some…

Rotating out

Rotating out

  “The Ranger Regiment is the U.S. Army’s premier large-scale special operations force, and is made up of some of the most elite Soldiers in the world,” according to goarmy.com.   For the past two and half years, I’ve had the pleasure of having a Ranger work for me. His name is Miles McGuire and he’s currently my project manager.   During our time together, Miles has told me stories…

I am the limiting factor

I am the limiting factor

  I was talking to one of our helpers while we were working together on a recent flip. I asked the 18 year old if he’d done any goal setting for the New Year. What he said next, I think, is all too common: “I don’t have time for goal setting. I’m too busy working.”   How many of you have heard the saying, “Time is money?” I disagree with…

The Proctor Doctor

The Proctor Doctor

  I’m a firm believer in chiropractors, and I’ve been going to them since I was 5 years old. During that time, I have witnessed them do some remarkable things. I’ve seen them break fevers, stop vertigo, heal migraines and much more.   One of the biggest of these things happened to me in Calhoun with Doctor Max Proctor. When I was 16, I was diagnosed with tendonitis in my…

A teachable moment

A teachable moment

On a recent workday, I walked out of the door of a house we’d purchased the previous week and got into my truck. To quote Peg from the PBS show my kids watch, “Peg + Cat,” “I’m free-e-king out!”     When I arrived at the house, we found it was still completely full – as in, the seller hadn’t moved yet.   You see, they’d had until the day…

What I learned at ‘What Box’

What I learned at ‘What Box’

  Ashley and I just got back from the “What Box” seminar on creative deal structuring presented by Bill Cook and Pete Fortunato. It was great, but I’m not going to lie – by the time we got through with class, my brain was numb.   On the car ride home, we talked about the “aha” moments we’d had. One of the things I learned was there’s a difference between…

The three piggy banks

The three piggy banks

  My son just had his fifth birthday and consequently came into some money. To a 5 year old, $30 feels like a fortune. As we were riding in the car one day, Seph began to contemplate what he should do with all that cash.     At 5, he already knows to tithe. But he questioned what he should do with the other $27.   He asked me what…

Business and the beach

Business and the beach

  Here’s my current situation: I’m in Fort Walton Beach Florida. As the waves roll in, their sound makes a constant yet subtle roar that I’m sure was designed by The All Mighty to soothe the soul. The bleached white sand gently tapers down into clear, light blue water that mixes with varying shades of green as you move deeper into the Gulf of Mexico —  I now understand why…

Earnest money

Earnest money

  Earnest money can be defined as a good faith payment made by a buyer at the time of entering a contract to indicate their intention and ability to carry out the contract to the seller.   Once upon a time, earnest money demonstrated the buyer’s commitment to purchasing the house and it was given directly to the seller to hold until the contract closed. At that time, it would…