5 Lessons from the Special Forces



5 lessons from the Special Forces on how to overcome adversity and hardship

Special forces units are known for their exceptional training, teamwork, and ability to handle adversity in high-pressure situations. Here are five lessons that can be gleaned from their experiences when facing hardship:

  1. Adaptability and Flexibility: Special forces are trained to adapt quickly to rapidly changing circumstances. They understand the importance of being flexible in their approach, as situations on the ground can evolve rapidly. This means being able to pivot strategies, tactics, and plans in real-time based on the information available.
  2. Resilience and Mental Toughness: Special forces undergo rigorous training to build mental fortitude. They learn how to persevere through extreme physical and mental challenges. This resilience enables them to stay focused and make sound decisions even when facing intense stress, exhaustion, or adversity.
  3. Effective Communication: Communication is paramount in special forces operations. Clear and concise communication ensures that everyone is on the same page, understands the mission objectives, and can respond effectively to changing circumstances. Special forces members are skilled in both verbal and non-verbal communication, including the use of codes and signals.
  4. Teamwork and Trust: Special forces thrive on teamwork and trust among their members. They understand that every team member plays a crucial role, and they rely on one another to accomplish the mission. Trust is built through training, shared experiences, and a deep understanding of each other’s strengths and weaknesses.
  5. Adoption of a Growth Mindset: Special forces personnel are trained to approach challenges with a growth mindset. They view failures or setbacks as opportunities for learning and improvement rather than insurmountable obstacles. This mindset fosters a culture of continuous improvement and innovation, allowing them to adapt and overcome even the most difficult situations.

These lessons can be applied in various aspects of life and reverse mortgage lending, not just in military operations. Whether in business, sports, or personal challenges, the principles of adaptability, resilience, effective communication, teamwork, and a growth mindset can be invaluable in navigating and overcoming hardships.

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What’s Your Panic Plan?


What’s your PANIC plan?

What’s your panic plan? It’s best to have one. Here’s why and how…

Should we tear down the wall?

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Diversification or Separation of HECM and Traditional Mortgage Lending

As the national debate on the morality or effectiveness of a wall on our southern border rages on, one barrier is being slowly removed. As the number of the federally-insured reverse mortgage loans has languished in recent years, more former reverse-only lenders are making their entry into traditional mortgage lending; in effect removing what was once a barrier of niche mortgage lending for some.

Considering such diversification, it’s natural to ask if loan officers can be just as effective in originating both traditional and reverse mortgage loans. That question brings to mind a statement made 10 years ago by a formerly forward-only originator. Seeing the upcoming spate of changes to the HECM he said, “watch, they are going to turn this into a traditional mortgage”. One could easily argue the enactment of the financial assessment and the verification of an applicant’s income and assets does indeed mirror much of what is common practice for traditional mortgages. Despite the similarities, there are two conflicting viewpoints on whether originators should remain specialized or offer both loans…

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Closing the Gap

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Strategy is the needed bridge between dreams and reality

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On this show, we have discussed how each of us can achieve our goals, increase our productivity and improve how we get things done each week. However, there is one missing ingredient needed to realize our dreams.

Every one of you watching has their personal and professional dreams. That is, the ultimate desired outcome you desire. The advantages of achieving your goals and dreams are numerous and may include:

  • You develop a new skill
  • New experiences reveal hidden character strengths
  • Your marketability as a sought-after professional
  • Your income increases
  • You will smile more

Stretching ourselves is uncomfortable…

Download a transcript of this episode here.

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