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The must-read summary of Jorge Perez's book: "Powerhouse Principles: The Billionaire Blueprint for Real Estate Success".
This complete summary of the ideas from Jorge Perez's book "Powerhouse Principles" shows that real estate has been the biggest generator of wealth in history. According to the author, if you want to get rich, real estate is still the best way to achieve your goal, but there is no secret formula or magic pill. To succeed in real estate, you have to be focused, set high goals and then work extremely hard to make your goals become your reality. This summary provides guiding principles, keys and rules that you can apply to ensure that your real estate investment leads to success.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Powerhouse Principles" and discover the endless possibilities of real estate.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Seitenzahl: 40
Veröffentlichungsjahr: 2014
Book Presentation:Powerhouse Principlesby Jorge Perez
Book Abstract
About the Author
Important Note About This Ebook
Summary ofPowerhouse Principles(Jorge Perez)
Book Abstract
Real estate has been the biggest generator of wealth in history. If you want to get rich, real estate is still the best way to achieve your goal, but there is no secret formula or magic pill. To succeed in real estate, you have to be focused, set high goals and then work extremely hard to make your goals become your reality. You have to become an absolute expert in whatever field of real estate investment or development you choose and then plan things out in a realistic way.
Real estate is the most open market in the world with limitless opportunities. It is the ideal vehicle for wealth building, so do whatever it takes to make this an integral part of your personal investment activities.
About the Author
JORGE PEREZ is CEO and chairman of the Related Group, a real estate development firm. Along with his family, he immigrated as a 12-year-old child in 1968 to the United States from Cuba. Since starting as a real estate developer in 1979, Mr. Perez’s firm has constructed more than 60,000 apartments and condominiums, earning Mr. Perez a spot in the top 200 on the Forbes 400 list of richest Americans. Mr. Perez is a graduate of the University of Michigan and the University of California at Berkeley. After literally starting out as a 12-year-old immigrant with nothing more than $2 in his pocket, Mr. Perez is today a billionaire.
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
1. Live by five guiding principles
Have passion for what you doBe disciplined so you can play at the topBe prepared to work extremely hardHave rock solid personal integrityBe 100 percent loyalIf you make these five principles your own, they will propel you to success in whatever field you choose to go into it. These principles provide a solid foundation for whatever you choose to do. The five principles are:
Have passion for what you do – because passion will inspire you, propel you to do whatever it takes to succeed and make you tenacious. You know when you have passion because working hard will inspire you to work even harder in the future. A person with passion will look at challenges as part of the game rather than a full stop.Be disciplined so you can play at the top – because the very best in any area of commercial activity are always highly disciplined and dedicated. Passion will get you in the door but discipline will help you stay there. Pore over the details, push yourself until you get better than anyone else and keep pushing the edge of the envelope outwards. You won’t get better than your competitors by resting on your laurels.Be prepared to work extremely hard – as striving for perfection will take every ounce of energy you possess. Genuine hard work will take you from mediocrity to excellence. You have to have the mind-set you’re going to work harder than everyone else so you can get to the next level and stay there. The only real defeats in your career will come when you don’t try to put in your best effort. To be a success, you have to dream and then work as hard as it takes to make that dream a reality. You have to go at it nonstop.Have rock solid personal integrity – which simply means you have rules that you do not bend under any circumstances. Integrity comes from never doing anything which is not right. If you can’t do a deal which fits your value system, walk away. By all means be tough and play to win but play the game by the rules. Always treat people fairly and build a reputation for doing the right thing.Be 100 percent loyal – make friends who want to do more deals with you in the future because you treat them like a partner. If you build long-lasting relationships with those who matter, then those people will help you when you need them. Be there for them, both professionally and personally. Always think of the long-term effect of everything you set out to do and work hard at building your future every day.