“Are your emotions preventing you from getting into opportunities?”
Chris Haddon and Jason Balin, co-founders of Columbia, M.D.-based lending and real estate companies Hard Money Bankers and REI 360, pose this question among others. Both the lending and real estate markets demand quick decision-making. Often, these quick decisions are too heavily influenced by emotion, so human psychology and business are the topic of today’s video.
Haddon and Balin discuss the pros and cons of emotion in business, and whether business should be based on intuition as opposed to cold, hard facts. This also extends to the negative effects of getting stressed out over a small issue or ignoring a problem that requires attention. Finally, the co-founders explain how all of this relates to the real estate market and emphasize that there are opportunities in both good and bad markets.
Ultimately, they suggest that you “take a hard look at yourself during certain situations and see if your emotions are running away from you and making your decisions for you.”
Click play for more insights on managing your emotions in the workplace.
Watch more videos from the folks at REI 360 on their YouTube channel here.
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