Negativity is one of the single biggest threats to real estate investing companies. It can poison and rot even the best organizations from the inside out a lot faster than most understand. So how can you stop the infection?
There are many sources of negativity which can seep in and sabotage real estate investing businesses. Allowing too much negative (and incorrect) media to influence and create fear, mutiny amongst the ranks, doubting friends and family and even internal personal negativity can all bring major issues.
It never remains simply restricted to just idle grumbling and refusing to conform, ultimately, unless resolved it grows, infects others and must be confronted as a bigger monster or negativity about the company is broadcast publicly. None of this can be afforded.
It must be dealt with and cut short immediately.
Real estate investors must have a plan to shield themselves from negativity and for staying positive and focused.
When it comes to staff negativity investment business owners must first ask whether the situation can be fixed. Could this be one of those freak times when someone else could be right and their frustration is justified? How can you save face and adjust? If not can addressing the issue discretely with the culprit put a stop to it and retain a normally valuable member of your team and make your organization stronger?
If it can’t be fixed, the damage is irreparable or it is just a matter of making a bad hire of a negative minded person axe them and do it quickly. With that said make sure you do it the right way and as amicably as possible so that your real estate investing company doesn’t suffer from poor publicity or ex-employees bad mouthing you and turning prospects off.
