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""I told them how much money we had, how much money we could expect, and how I planned to spend it. I put on a brave show, but inside I was terrified."  Paul Downs wrote those words to describe what it was like the day after laying-off 13 of his 23 employees. He was in agony worrying about the people he'd just let go, the people that still counted on him for their jobs, and his own family. If you've never owned a business, it's difficult to appreciate just how much of your identify is wrapped up in the business you're trying to build. In Paul's case, if he couldn't turn things around, that was it. Twenty-two years of his life wasted. He'd be a failure.
"As for the rest of us left behind, I hope this is the beginning of a time of healing and learning to be a family again. There will be no service, no prayers and no closure for the family she spent a lifetime tearing apart. We cannot come together in the end to see to it that her grandchildren and great grandchildren can say their goodbyes. So I say here for all of us, GOOD BYE, MOM." This was the last paragraph of the obituary of Dolores Aguillar, published in the Vallejo Times Herald on August 17th - 18th, 2008.  Many of you may have read something like this on Facebook recently. It was floating around in a story about a woman in Florida that had died early last year. That obituary itself was plagiarized from the one above...which is true. It shocked me because I had never read anything quite like like it (except for the story I'll share in a minute). Unlike others that we might read today, the traditional platitudes to kindness or love do not exist in this obituary. This daughter writes that her mother "made no contribution to society and rarely shared a kind word or deed in her life." Painful, isn't it? She's sharing too much. Yet when I ask myself why, I easily understand that Mrs. Aguillar was a poor human being and her daughter merely provides an honest description of her mother's life. What makes this unusual is its truthfulness. As we know, the truth of one's life is not often found in an obituary.
Out of kindness. I sometimes wonder if that is good for us. At one's death, does our avoidance in recognizing some of the mistakes made in the lives of those now dead make it too easy for the living to be less than we can be? Less than we should be? Think about it. If we knew that more of the truths of our lives would be written and spoken at our deaths, would the living work to be better? To be more? Yes, I believe we would. I know of only one man in history who was given a chance to read his own obituary before he died. What he did as a result of that experience changed the world. Here is his story....  It's a dream job for many a college student - making beer! Of course, some of the brews must taste pretty bad....but still...what a job! And you're telling me that I can get tax credits for doing it? Yes, that's exactly what I'm saying.
 While there are no guarantees, commercial property can be a great investment for those in the medical community. Certainly, there are many that put their proverbial toes in the water, but a lot more professionals sit back and wonder "Should I take the plunge?"
After spending many years in commercial property consulting, we have identified four common reasons why those in the medical profession should NOT own commercial property: |
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December 2019
Bruce WingEntrepreneur, financial guy, husband and father of two great kids. |
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