What Gavin de Becker’s “The Gift of Fear” Can Teach Real Estate Investors
CEO Patrick Carroll Draws Parallels Between Gavin De Becker’s Book and His Own Fearless Approach to Real Estate Investing
By Patrick Carroll, founder and CEO of CARROLL
Gavin de Becker’s The Gift of Fear is a book that saves lives. De Becker tells us that intuition is the most powerful tool in our personal arsenal. The book’s message centers on safety but can act as a guiding force for professionals seeking success in the business world, too.
“Intuition is always right in at least two important ways,” de Becker writes. “It is always in response to something. It always has your best interest at heart.”
“What I’m trying to encourage people to do is to get back to their basic perceptions and intuitions and less in the process of horizontal thinking,” he adds.
Unfortunately, we are socially conditioned to rate logic over intuition, as though they were polar opposites. They’re not.
There’s science behind our gut instincts. “We’ve got 100 million neurons in our stomach lining, and these two brains in the gut and in the skull communicate with each other through the body,” says de Becker.
I owe my success in business to my intuition. I founded my real estate investment firm, CARROLL, in 2004, smack in the middle of one of history’s most exciting bull markets. After some intoxicating success, in March of 2008 my gut told me that it was time to divest our single-family investments and reallocate our capital instead into multifamily and rental properties. When home foreclosures skyrocketed and people needed options, we provided them.”