Posted by StevenS(CPA) on July 19, 2008 at 11:20:30:
In Reply to: Re: In this tough market - is this a new idea posted by Brian_Wa on July 19, 2008 at 10:01:56:
Wow,
I hate to say this but what you wrote goes against everything that I know or believe in.
What you're saying, if I'm reading it correctly, is that if you're unsuccessful in one thing, why try something different and be unsuccessful at that too.
I believe that if you're unsuccessful at one thing you SHOULD try something different, either in that area or in a different area. As long as you learn from your mistakes and improve you will succeed. Just because you failed at one thing doesn't mean you will fail at something else.
If I were to take your advice, I would have stopped after my first business deal and my first real estate deal that both turned out incredibly bad.
Not all people are cut out to be attorneys, but just because you can't be a great attorney doesn't mean you can't be a great accountant. Not all people will hit a home run in real estate but it doesn't mean you can't make a nice profit buying a business.
Any investment you enter into can cause you unimaginable pain if you make a mistake. Some of the smallest deals has cause the greatest headaches down the road.
Two, I have made money in real estate and in businesses. I am definitely not turning to something else just because I couldn't do it in one thing. They are different animals but they are not so different that they can not be learned by people on this board.
So, while I appreciate your opinion, I have to respectfully disagree with your conclusion.
- Re: In this tough market - is this a new idea Brian_Wa 11:30:52 07/19/08 (1)
- Re: In this tough market - is this a new idea StevenS(CPA) 11:43:43 07/19/08 (0)