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Surrender but never give up

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Finding the Balance of Flow

It’s said that Americans are a stubborn lot. I would venture to add that reverse mortgage professionals are even more so. Steadfast in the face of ever-changing market conditions. Resilient in the face of adversity. Hopeful for a better future. So give yourself a well-deserved pat on the back.

But there’s also a time to surrender- to submit to those forces over which we have no control. Forces such as interest rates, home values, and economy.

One person who embodies the balance of surrendering and yet without giving away his core values is Vice Admiral James Stockdale. As a POW captured by the Viet Cong Stockdale quickly learned what he had to accept and that part of him which would remain untouchable.

From his experience in captivity we have the Stockdale Paradox which states “You must maintain unwavering faith that you can and will prevail in the end, regardless of the difficulties, and at the same time, have the discipline to confront the most brutal facts of your current reality, whatever they might be.”

Two questions arise from this paradox. What is your faith anchored to? And, are you in the practice of accepting the most brutal facts you face today?

Neither question is for the faint of heart, but if there’s one thing reverse mortgage professionals like yourself have proven over the years is their resilience.

Consider what situations or circumstances you need to submit to and above all project your inner self from the temptation to give ourselves away give in completely.

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Editor in Chief: HECMWorld.com
 
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
 
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
 
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

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4 Comments

    • Thank you, Carl!

  1. Loved this message Shannon. Thank you for the great content regarding our business, but also for adding in some life lessons and motivational material. Greatly appreciated.

    • Larry, thank you. I take your words to heart. Keeps me motivated!


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