“Luck is what happens when preparation meets opportunity” Seneca
was I lucky in San Diego real estate? or was it all the real estate seminars and books I had attended/read that prepared me to take advantage of the opportunity when it came along? I was preparing myself for 8 years before I bought my first property
was it my skills and intelligence that allowed me to spot the real estate bubble in 2002? or was I just lucky that I happened to be actively buying real estate at the time and was looking at numerous MLS listings everyday, working the numbers, etc? I wouldn’t have spotted the bubble that early otherwise
I’ve always considered myself lucky – but I also throw out the quip that my luck started when I took my first paper route at age 12 and that the harder I have worked, the luckier I have become
luck? who knows – the real element of luck in my life, as I see it, is that I was born to educated parents who placed a priority on education, work ethic, delayed gratification, etc
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pull yourself up by the bootstraps – another interesting topic
I had climbed up on this soapbox recently when one of my relatives pointed out that I HAD bootstraps to grab on to and that many people don’t
having bootstraps to work with is another element of being lucky at birth – I was born a white male in a middle-class, educated family – when the time came for me to pull myself up by the bootstraps they were easy to grab onto