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May 30, 2012

           Volume 14 - Number 22 

      
Streamlining the Business of Commercial Real Estate
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In This Issue
Don't Be A Passenger
Hot Deals/Leads
Featured Internet Site
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TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)

Brenda Dohring Hicks

 

Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry.

Don't Be A Passenger                  


Google's approval to have driverless cars got me thinking this week. Yep, "driverless" cars. Well, sort of. Nevada is going to allow a small fleet of self piloted cars (Prius) designed to be driverless but two people are required to be in the car at all times and one must be in the driver's seat able to grab the wheel in case of an emergency. The cars are expected to be mass produced in three to five years. Do I want one? Do you?

 

I'm thinking that in the physical sense and in the metaphoric sense it's generally better to drive than to ride along. It's most certainly better to at least be a front seat passenger than a rear one. Doubt me? Then where did the timeless childhood game of calling "shotgun" come from? Ok, technically it came from the American "wild" west. Aside from a railroad ticket, stagecoaches were the only means of transport during this period and they also carried valuables. During this period of lawlessness, protection was necessary and so a stagecoach would always have an extra man armed with a shotgun sitting next to the driver. So there you have it.

 

Think about the role of the shotgun passenger, which by the way, is where we are sometimes for good reason. The deal is, if you you want "shotgun," you need to call it. Getting shotgun means that while you aren't completely in control, you still get a great view, have an important "job" and it's likely that if something happens you are qualified to take over. Sounds like there were probably some "shotgun" seat discussions at Google.

 

So if we think about how we operate in business, it's not much different. We may or may not have the choice to be a passenger or a driver in every situation, but you do have the option in most cases where it matters. Yet many people choose to be passengers by default. They don't even realize they have this choice and just accept what gets thrown at them. The danger is that you might remain a passenger until one day you reach the destination and realize that it's not where you want to be. This is very true for entire industries...not just for individual people.

 

I believe strongly that given the choice people are generally happier as the driver. Oh sure, they may get tired or even lost, but it's still pretty cool. And let's face it, to get where you want to go you have to be a driver. And when you're not, you need a really good copilot, not just a passenger. I find the differences in a passenger and driver pretty clear when examining the extremes. A passenger lets things in life happen to them. They generally have quite a simple life because they can just sit back and let their life move in any direction.  They don't need to take control or responsibility in part because they believe that life depends on "luck". Hmm, luck as a driver. The downside to this simple style, if any, is frustration or dissatisfaction.

 

On the other hand a driver controls their own destiny.  They decide not only where they are going, but how and when they are going to get there. This requires them to have more responsibility because they have to make decisions and it can be stressful since they're bound to make some wrong turns and get lost fairly often. But eventually they are rewarded for their time and effort. They get what they want. And we may as well admit it, we all like to get what we want.

 

Before we get all cocky and think that being a driver is the only place to be, we have to think about what kind of driver we're going to be. Reckless? Impatient? Always looking for shortcuts? Will we make it a good journey for our passengers? Will we work well with our co-pilot? Are we the kind of driver that sets off for a journey without a map or properly planned directions, thinking we can get there quicker but end up getting lost and taking much longer to reach our destination? I'll admit that I am sometimes not a terrific driver. I've been known to exhibit all of the traits I just mentioned. But I still tend to be happiest when "driving", when I'm setting direction and moving towards that "destination".

 

It's up to each of us to make the decision about whether we're going to spend most of our time as a passenger or a driver. I suggest that generally you're better off not taking the easy and simple option of being a passenger or you'll never reach the heights of what you are capable of and deserve. So as you look at how you operate are you a passenger or a driver, and if you're a driver what type of driver are you?

 

If you would like to join our blog discussion click here or I welcome your feedback through email .
Hot Deals/Leads

rUE 21, Inc. trades as rUE, 21 at 770 locations nationwide throughout 46 states. The stores, offering apparel and accessories for teenagers, occupy spaces of 4,500 sq.ft. in outlet, power, strip and value centers.  Growth opportunities are sought nationwide during the coming 18 months.  For more information, contact Bob Thomson, rUE 21, Inc., 800 Commonwealth Drive, Suite 100, Warrendale, PA 15086

 

Courage B operates seven locations throughout CO, CT, FL and NY. The stores, offering high-end women's apparel, occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in various types of retail settings.  Growth opportunities are sought throughout MD, NC, VA and Washington, DC during the coming 18 months, with representation by Capital Retail Group.  The company prefers to locate in affluent areas.For more information, contact Robert Tack, Capital Retail Group, 1401 14th Street Northwest Floor 3, Washington, DC 20005

 

Surf Style operates 27 locations throughout FL, GA and MS. The stores, offering apparel, surf wear, bathing suits, beach accessories and souvenirs, occupy spaces of 8,000 sq.ft. to 12,000 sq.ft. in freestanding locations and inline spaces of shopping centers in resorts and beach front areas. Growth opportunities are sought along the East Coast south from Virginia Beach, VA to FL, as well as along the Gulf Coast, east of the Mississippi River, during the coming 18 months, with representation by Southeast Realty Group, Inc. The company prefers to acquire sites but will consider leasing, and is only looking for beachfront locations in high-traffic areas. For more information, contact Steve Allen, Southeast Realty Group, Inc., 451 Olympus Drive, Juno Beach, FL 33408

 
Like these leads?  Want More?  Go to the Dealmakers website for a Subscription. Dealmakers, the nation's weekly news source on retail real estate. 
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MeetingBurner

MeetingBurner is a fast and simple online meeting platform where you can be the host of a webinar or online meeting and share your screen in a matter of seconds. 
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