…not even the gods
When faced with circumstances outside our control we have one thing left…
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The One Thing We Control
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Charlie Plumb, a Navy pilot who was shot down over Viet Nam and was a POW for seven years was famous for this same thought – He dealt with much adversity and became a famous motivational speaker as he stated —“you can choose your attitude”
Thank you for that Don. He is an inspiration indeed. Good words!
Ah, for the life of an optimist. The online Merriam-Webster Dictionary defines an optimist as “a person who habitually expects good things to happen.” Such was the policy of Prime Minister Neville Chamberlain leading to the Munich Pact of 1938. Chamberlain ignored his skepticism for “expecting good things to happen.”
Yet despite Prime Minister Churchill’s skepticism, he was a realist who was positive about the future.
Ever since late 2009, we have had those in the industry who deny what is actually happening in the industry, proclaiming in 2015 that the industry was collaborating to achieve 300,000 endorsements in 2018. In late 2010, we had those leading cheers of 100,000 endorsements in 2011. They had the fervor of a religious crusade and those who were skeptical were negative or the pessimists of the industry.
Today we still have the H4P true believers who back in 2008 told us we would have 100,000 H4P endorsements annually by the turn of the decade. Later their idealism about H4P was summed up in the term “sleeping giant.” To date there has NOT been one fiscal year which has produced even 2,700 H4P endorsements. Last year H4P endorsements DROPPED from total H4P endorsements in fiscal 2017. Yet our H4P optimists are still calling H4Ps “the industry’s sleeping giant.” What our friends are not, is realistic.
Then we have had more than our fair share of pessimists who as endorsements have been falling have been telling us over and over that the industry will end soon. The industry has proven that nonsense false. We first began hearing that in earnest in 2011. Yes, things are much worse than they were in fiscal 2010; yet the industry survives.
Let’s move past optimism and pessimism and be realistic while, like Churchill. looking for a positive future. It has taken a decade to reach the loss in annual endorsements we have today, it is unlikely we will see 100,000 endorsements by even 2022. Don’t be afraid of hard work and let’s BUILD for a better future.
Ah, for the life of an optimist. The online Merriam-Webster Dictionary defines an optimist as “a person who habitually expects good things to happen.” Such was the policy of Prime Minister Neville Chamberlain leading to the Munich Pact of 1938. Chamberlain ignored his skepticism for “expecting good things to happen.”
Yet despite Prime Minister Churchill’s skepticism, he was a realist who was positive about the future.
Ever since late 2009, we have had those in the industry who deny what is actually happening in the industry, proclaiming in 2015 that the industry was collaborating to achieve 300,000 endorsements in 2018. In late 2010, we had those leading cheers of 100,000 endorsements in 2011. They had the fervor of a religious crusade and those who were skeptical were negative or the pessimists of the industry.
Today we still have the H4P true believers who back in 2008 told us we would have 100,000 H4P endorsements annually by the turn of the decade. Later their idealism about H4P was summed up in the term “sleeping giant.” To date there has NOT been one fiscal year which has produced even 2,700 H4P endorsements. Last year H4P endorsements DROPPED from total H4P endorsements in fiscal 2017. Yet our H4P optimists are still calling H4Ps “the industry’s sleeping giant.” What our friends are not, is realistic.
Then we have had more than our fair share of pessimists who as endorsements have been falling have been telling us over and over that the industry will end soon. The industry has proven that nonsense false. We first began hearing that in earnest in 2011. Yes, things are much worse than they were in fiscal 2010; yet the industry survives.
Let’s move past optimism and pessimism and be realistic while, like Churchill. looking for a positive future. It has taken a decade to reach the loss in annual endorsements we have today, it is unlikely we will see 100,000 endorsements in a single fiscal year until at least 2023. Don’t be afraid of hard work and let’s BUILD for a better future.
The announcement about losing HECM to HECM is so disappointing. It is not a large part of my business and I do them ONLY when there is great benefit for the borrower and make the process easy and free of costs. I normally do not pursue them. After the last announcement I was depressed for a bit and now know I need to see who I can help as fast as can and then concentrate on other things.
I love the bricks in the background, but too much like the ending of “Village of the Damned”. That however was a classic about a huge problem that was overcome, but with great sacrifice.
Keep up the great work.