Many of us get so fired up to achieve our goals, that we can get a little bit impatient sometimes when things don’t happen right away. With information and applications at our fingertips more and more each day it seems, the bar has been raised in terms of expectations of instant results.
Nevertheless, it’s sometimes good to sit back and let things take their course. Not by being lazy, of course. Being passive and delaying an outcome by indifference isn’t a winning solution. Rather, putting a plan in place and executing it sometimes requires patience for success to ensue. In these cases, it can be better for the result as well as your stress levels to just resist the temptation to change directions or try new things, and just let things play out.
I mention this because I’ve had a certain goal in mind of late that I’ve been getting a bit impatient to achieve. It’s been gnawing at me a bit, and I feel like I’m not seeing the traction I want to see as of yet. It gets annoying sometimes when things don’t go according to your plans for success right away.
But as I’ve had these thoughts, I remind myself of a totally different goal I had some years ago, and how things at first seemed to be failing – but turned out to be successful. I just had to be patient and let things play out.
Here’s what happened. Some years ago, I was trying to sell a condo, and had purchased another place that was a little bit bigger out in the suburbs. The condo I was selling was kept in absolutely great shape – it looked just like new according to people who saw it, and was situated in a popular area for young adults. I worked with my realtor on doing all the research and due diligence, and felt that it was priced, staged, and marketed well. Keep in mind this was during a better real estate market.
Anyway, after the condo went on sale, I couldn’t wait for an offer to come in. I felt that I’d make a little money on the place, and given the market activity at that time, I thought it would happen within the first 2 weeks. This was typical at that time.
Well, the first few weeks went by with some showings, but no offers occurred. No sweat, I thought. Maybe by the end of the first month, something would happen.
Nothing happened in that first month. No offers.
As the second month went on, there was a decline in showings. By the end of that month, I was getting antsy. I had plans to move out to the suburbs, and assumed that this place would be sold in time for that to happen. I felt that based on the market situation, our pricing, staging, and marketing plan – we would have been achieved success. However, this hadn’t happened and things were dragging along. At the time, I started to question everything, and considered dropping the price and even potentially looking for another agent.
Then, just as the 2nd month ended, I got a call from the agent. Good news – we got an offer! Even better, we got two offers!
As it turned out, two people made separate offers on the same exact day. They both really liked the place, and actually ended up bidding full price for it. So what did we do? We then went back to them and told them the situation, and asked them to submit their best higher offer. In other words, we had a 2-party bidding war!
The net result of all of this is that I ended up selling the place, and even got a little bit more than I asked for.
Had I let my worry and impatience get the best of me, I might have lowered the price or gotten another realtor. That could have resulted in less money for me, and delayed things further. But I stayed the course, followed the plan, and it worked out to be the success for which I planned. It’s not like big money was made, but it was still a small profit that wouldn’t haven’t been there had I changed plans.
My lesson: Sometimes it’s best to be patient, keep doing things according to plan, and your efforts can totally pay off.
Now to be fair, there’s something to be said for being flexible and changing plans when needed. I do think that we can’t be rigid or static in our thinking. Plus, it’s important to recognize sunk costs and be able to act based on the present and future.
However, it depends on the situation. Sometimes we should make changes, other times we have to have belief in our plans and efforts, and stay patient. Good things can happen, and sometimes patience is a virtue with money. It could be selling a home, or it could be landing a job, getting customers for your business, getting published, or even accumulating assets for a financial goal. Whatever the case is, just keeping at it can be the right move sometimes.
My Question for You
Have you ever had a time where you just kept at it, stayed the course, and reached a goal that was money related? Or, even non-money related?
Do you find that patience is a virtue sometimes?
If you’re like many of us, and impatient to reach goals sometimes, how do you manage this?