A New Year’s Message From Bacon Commercial Real Estate
Business goal setting and New Year’s resolutions can be tough. Both require some extra introspection, and that’s typically easier when everything is going just right. New Year’s resolutions are usually personal, while business goal setting is clearly about business. But let’s face it – business and personal life (especially in the field of commercial real estate) are intertwined. I am a big believer that you need to maintain balance – and find fulfillment – in areas outside of the business.
Years ago, I would find fulfillment playing golf. I went to the driving range constantly, I watched the golf channel daily, and I found solace from domestic turmoil playing golf. But for the amount of golf I played, I sucked. I maintained a “vanity handicap” which is the opposite of being a sandbagger. It is also very expensive.
One day my swing resembled the offspring of a mechanical bull and a log-splitter. They say, “A bad day on the golf course beats working.” Well this particular day, I would have rather been an untrained trapeze artist.
As the round progressed, things got worse. Around the 10th hole, I snap-hooked a wedge out of bounds, and my temper got the best of me – I nearly broke my toe when I slammed my wedge onto my foot (intended target was the ground.)
I guess you could say, I hit rock bottom. I was hiding golf from my wife, and I was neglecting work and kids. Well, they say that “when one door closes another door opens.” It was at this moment I decided to play guitar again. Am I any better at guitar than golf? Probably just a tad, but the beauty is that with guitar, it’s free, and it is forgiving. Golf is not forgiving – until you learn to forgive yourself.
At a Rotary lunch a few years back, the guest speaker said something that has resonated since. The key takeaway was, manage your expectations. This simple shift changed everything. There has been plenty of disappointment along the way, but shifting expectations eliminated my greatest critic. The Rotary speaker also talked about balance, one of the most overstated, but under-implemented mantras.
Fast forward to the beginning of 2018. Bacon Commercial Real Estate opened for business. Then about three months into the year I got a call from Julian Alcala who was looking for an internship. I asked him to send me his resume, and 30 minutes later, the resume was in my inbox. Two weeks later he was in my office, and on Christmas Eve he earned his real estate license. Aside from a couple past mentors/managers, hiring Julian Alcala has had a significant impact on my career; if you ever met him you would understand why.
Looking to 2019, I’m remembering this important mantra: “Don’t worry about the commission, focus on the relationship.” Fulfilling relationships last a lifetime. Commissions pay the bills and create tax consequences.
Here is to a balanced and successful 2019! If you are thinking about renewing or re-negotiating your lease or perhaps you want to buy or sell, please contact Bacon Commercial Real Estate at 916-930-0001 or check out our website at: www.sacramentobacon.com. There you will also have the opportunity to request a free office lease negotiation guide.
Happy New Year!