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Mobilize Powerful Resources Quickly
Figure 17.3 Milestones for Purchase of Investment Property
Mon. Tue. Wed. Thu. Fri. Sat. Sun. Mon. Tue. Wed.
Offer to
Purchase
signed
Homework on neighborhood,
market, timing, profit potential
Executive
summary
Building
engineer
for Boston
Real
estate
lawyer
Commercial
leasing agents
Architect
Line up
financial
resources
Commercial
building
inspector
Qualify
contractor
Go-No Go
Decision!
If Go,
sign the
Purchase
and Sale
Agreement
Source: The Center for Competitive Success, www.CompetitiveSuccess.com, “Milestones for
Purchase of Investment Property.” Copyright
C
2004 by Michael E. Gordon. Used with
permission.
Summary
Entrepreneurial resources are anything that can move your venture further
and faster and with the least risk, while improving your chances of success.
In this chapter, we discussed the six categories of resources: people, physical,
financial, knowledge, infrastructure, and imagination. Mobilizing resources
should be one of the first things you think of as you pursue your entrepreneurial
goal.
Actions
Now it’s your turn. Create your own Milestone Charts for the first month
and year of your venture.
Develop an action plan to mobilize needed resources. What? When? How?
Think big, and outside the box. Don’t be constrained by what you own.
Chapter 20 teaches you about raising money.
Now, go out and get them. Take action. Pick up the phone; set up a
meeting; get in your car; do something RESOURCEFUL!
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