If you are a commercial real estate investor, location is a major factor in identifying the correct property to purchase. This increased traffic gives you the ability as the owner of the property to charge higher rents and thus create a higher value for your property. The more volume of business they do, the more rent they can afford and pay.
Parking
High traffic volume is very important to tenants.Tenants located near to an anchor tenant benefit from their traffic. Anchor tenants are major retailers such as Major Discount Stores, Electronic Stores, Home Improvement Stores, Grocery Stores and Drug Stores.
1) You must develop the winning mindset.
3) You must build a strong business that works without you.
5) You must become a great manager and delegator.
Developing the winning mindset.
We all learned to walk (hopefully) by crawling, falling, crawling, falling, stumbling, fallings, drunk-walking, falling, running, falling, running, falling, running. If you dress like an idiot, people will think that you are an idiot. Nobody will want to work for you if you appear trust worthy. If you hang around small-minded negative and unsuccessful people then they will eventually impose their values on you. Seek out positive, success-minded people and hang out with them. If you want to ever get ahead you are going to have save money.
Determing what kinds of investment you want to get involved in (real estate, stocks, business building etc...)
As you build your business, you must focus on building a business that works without you. Learn new skills and earn more cash.
You must become a great manager and delegator.
- Clay Clark
- Serial Entrepreneur
- Business;Coach
- Marketing Director / Partner of Fears ; Clark Realty Group
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