Posted by: JC Gatlin | December 28, 2010

A New Year brings a New Gold Mine

 

We’ve talked a lot about how the home building industry in particular has been beat down. No one’s buying. We can’t get construction costs down. We’re in a recession. But in the midst of all the doom and gloom of 2010 — or 2009 or 2008 or 2007, for that matter —  and especially as we look at what the New Year will bring, I keep coming back to the universal Law of Attraction. This law states that “like attracts like” — which especially applies today.

The Law of Attraction is a principle from Napoleon Hill’s classic book Think and Grow Rich (which is probably in its zillionth printing by now.) In the book, Hill tells the story of a broke, down-on-his-luck fortune hunter who got swept up in “Gold Fever” during the 1800’s. As word spread of people striking it rich finding gold in the mountains of Colorado, people from far and near rushed in to make their fortune. This fortune hunter was no exception and was actually one of the few who struck gold on his initial dig. In fact, he found one of the richest and purest gold veins in Colorado. The fortune hunter couldn’t have been more excited, as he knew this meant his luck had finally turned around. Now, however, his challenge was raising enough capital to fund a full scale mining operation. So, he went back to the east coast to raise capital and hit up everyone he knew. Once he’d raised enough money from his friends, family and investors, he raced back to Colorado, purchased all the equipment he needed and began drilling.

However, as if by some mysterious stroke of bad luck, the vein had vanished. He tried for a few days to find it again. Finally, frustrated, he gave up. This was the way things always worked out for him, he told himself. He sold his equipment to a junk dealer for a few hundred dollars. Then, packed-up and went home.

The junk dealer was now intrigued, but knew nothing of mining. So he called a local engineer and told him all about the mysterious disappearing vein of gold and where the frustrated fortune hunter had been digging. The engineer went to the mine, examined the situation and told the junk dealer that if he drilled just 3 feet from where the fortune hunter had stopped, he would re-enter the previously tapped rich vein of gold.

The junk dealer extracted millions of dollars of gold from that mine because he did what it took to change the rules of the game. The junk dealer didn’t know anything of mining, and should have taken the fortune hunter at his word. By all appearances, it was a lost cause. But the junk dealer turned it around so that he had the advantage.

Whether or not he understood the Law of Attraction or just had an intuitive knowledge of it, the fact is the principle worked and it will always work. Like attracts like. It’s a mindset. Going into the New Year, it’s time we apply this law and change the rules.

As Napoleon Hill put it, most of us are stopping 3 feet from our own gold mine.

Goodbye 2010. Here’s to 2011…

© December 2010 Homebuilding Partners, Inc.   twitter-logo

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