Fair Rents (Scotland) Bill or Artificial state manipulation of free market rent?10:34 AM, 6th November 2020
About 4 weeks ago 36
We love to keep things topical and relevant on Property Tribes, so to celebrate the recent Wimbledon Championships, I posted a new discussion topic: Lessons from Nadal : The winner’s mindset in property as I believe there is much we can learn from seeing the attitude and attributes of successful people, no matter what their discipline, talent, or domain expertise.
During the Men’s Single Final, I heard John McEnroe talking about the importance of mindset and he mentioned a book by another famous tennis player, Billy Jean King. The title of the book was “Pressure is a privilege” … That really resonated with me and got me thinking.
If you are feeling pressurised, it must mean that you are taking action, that you’ve lived outside your comfort zone (where the most growth takes place), and that you are thinking big.
However, being in property can be quite an insular existence, and, through chatting to people and trying to support them moving forwards, I’ve noticed that property people react to pressure in different ways.
We’re all aware of what the tough are supposed to do when the going gets tough … but it’s not always that easy for the tough to get going, especially when financial pressures are building up.
I’ve seen all of the following responses to pressure in property:
None of these reactions is positive or empowering to you. So how about flipping them on their head? Then we come up with a different outlook:
This last point is the one that helps me a great deal. Please don’t think I am trying to big myself up! It’s simply that by reaching out and helping and supporting others, I genuinely feel like I am helping myself and contributing value to the greater Landlord community!
Doing this also helps to reaffirm that we are not alone. There is a huge community of like-minded people in the property world who are only a tweet or a forum post away from coming to your aide. Our forum, Property Tribes, is just one such place where you will find property friends to chew the cud with.
Remember that none of us are as smart as all of us. Other people may have been through your exact same scenario and be able to offer insights and support, or they may be able to share something with you that you had not thought of. It could be the difference that makes the difference. It could be a really simple thing that solves your problem – the age old adage springs to mind: you don’t know what you don’t know. It could be the missing piece of the jigsaw that someone else has. If you don’t connect and share, then you won’t open yourself up to this wonderful serendipity!
Times are tough for everyone. In times of crisis, friends rally together. Human beings naturally want to help each other when times are challenging. It’s all about the survival of the species and it is a basic human instinct. It will be tough in the coming few years, of that I have no doubt. But if you have friends; if you have trusted contacts; if you have people who like you, then you will survive thanks to their support.
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