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I S T H E P R O B L E M A B L I P

O R A C ATA S T R O P H E ?

E x pec t proble ms a nd kee p moving or wa rd
f

arly in my real estate career as I was putting a deal together, I
Ethought I’d worked through every possible obstacle. Boy was
I wrong. No sooner would I solve a problem than several more
would immediately pop up. It took me months of hammering
away at details to complete that deal. Had I known from the
beginning what I would have to go through, I’m not sure I would
have become involved. However, in retrospect, I’m glad I did.
That problem-filled project was my first big success—the devel-
opment of the Grand Hyatt Hotel in New York City. I got the
equivalent of several PhDs from that deal.
How we handle adversity says a lot about who we are. Situa-
tions that destroy some people enable others to thrive. Since prob-
lems always arise, it’s essential to know how to deal with them.

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