Starting a business has had mixed emotions. Blue Label Holdings consists of a Property Management company, a Signage Company and a Property Holdings and Investment Trust.
You sign your first lease and you are on top of the world as with securing sites and tenants for building wraps. Putting offers in on buildings is by far the most adrenalin pumping thing any one could do. All these give you a tremendous high and a sense of achievement. They also allow your creative ideas to get carried away as to how you can execute the agreement with better accuracy than before and how to provide a smarter service or how to better use an existing space in a building. These emotions are great and I believe you could run forever on them alone. You will wake up bursting to get on with it and get things done and that's what it is all about.
But there is the other side as well. You do get frustrated when properties don't come through or when the person you believed was the seller turns out to be a hijacker. When you have to work long hours on a proposal or a deal and find out you have "waisted" you time (truth is its never really waisted). There are many times when you think you could just let it all go and then you remember the fun you had in the paragraph above and it all becomes worth it.
A solid business partner is vital in achieving success, you need someone to make you focus on the silver lining when the clouds roll in. You need some one to put you in your place when you start to stray from your ideals. You need someone who is as focused and determined as you are and someone who has the street smarts to get the job done.
Take your time in selecting the right partner, its make or break. I cant tell you how many partners I have had on previous ventures who have fallen apart once the honeymoon is over and its time to work. There are plenty of people who like the idea of owning and running a business but the truth is that it is a messy, dirty fight that is not to be taken lightly but once you sink your teeth into it you will never want to let go. Its the best feeling in the world.
Thursday, April 16, 2009
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