Underneath his desire to help and inspire the parents and students is his desire (need) to sell. He has many mouths to feed as the CEO of a growing company.
Paraphrased, and one of a handful of things i wrote down – so i won’t forget. He had three other employees with him. He has to pay for their time and travel expenses, not to mention a bunch of other things – the risks and rewards of starting and growing a business.
Personal, home recession?
This is when you reflect back on your past year and you realize (and have really known all along) you haven’t grown organizationally as a person.
Bonus: i’m in the process of reducing, reusing, or recycling many of the slides i used in the cultural transformation sessions on Monday and Tuesday. Why? The slides insidiously drive what i’m going to say and when i say it. We got behind as a team and it was difficult for me to cut talking points on the fly. Fewer slides will make it easier if it ever happens again.
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What price are we willing to pay now (taking the proverbial short cuts in life) that will require a balloon payment down the road?
When we bought our empty lot behind Magic Kingdom in 1990, most vacant-land mortgages came with a mandatory balloon payment; a pay-in-full requirement in three short years. This was designed to promote vacant land development.
The banking model assumed customers would be forced to convert their vacant-land mortgage into a home construction mortgage (a 15 to 30 year payback schedule) because they wouldn’t have cash to pay their loan in full in three short years. This would triple, or more, the banks mortgage volume. It triples under the assumption that a home at least twice as expensive as the land it’s build on is a safe bet.
The balloon payment was an enticing way for people to purchase the property of their dreams and then design a floor plan and pick a builder.
In life, however, taking the easy way out means skipping exercise, missing volunteer opportunities, neglecting a healthy sleep pattern, making pleasurable food choices instead of intelligent ones.
The balloon payment for those decisions doesn’t come due in three years.
That’s the bad news.
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This website is about our home health. To leave this site to read today’s post on my mental attitude website, click here.
On April Fool’s Day 2009, jeff noel began writing five daily, differently-themed blogs (on five different sites). It was to be a 100-day self-imposed “writer’s bootcamp”, in preparation for writing his first book. He hasn’t missed a single day since.
Approaching my 57 birthday in 32 days, at which time i will begin a three-year march to the theoretical finish.
When is your final day on Earth?
None of us know, yet we bank on it being way in the future.
What would change if we banked on it being sooner, much sooner?
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On April Fool’s Day 2009, jeff noel began writing five daily, differently-themed blogs (on five different sites). It was to be a 100-day self-imposed “writer’s bootcamp”, in preparation for writing his first book. He hasn’t missed a single day since.
This website is about our home health. To leave this site to read today’s post on my mental attitude website, click here.
i must be brave enough to become the most simple and most organized person i know.
i begin by disrupting my deeply-engrained habits.
__________
On April Fool’s Day 2009, jeff noel began writing five daily, differently-themed blogs (on five different sites). It was to be a 100-day self-imposed “writer’s bootcamp”, in preparation for writing his first book. He hasn’t missed a single day since.
This website is about our home health. To leave this site to read today’s post on my mental attitude website, click here.
