

Patience is a Virtue: Have Faith in your Investment
The 2010-2011 season has been very good to the Memphis Grizzlies. During the playoff season,Fox 13 aired a segment reflecting on the NBA team’s
history. I hadn’t realized that the franchise was 10 yrs old! It
didn’t come into being without a good fight between Mayor Willie
Herenton and attorney Duncan Ragsdale.
I could imagine the criticism that the mayor received.
He wanted to build a new state of the art arena, while we had two
functional arenas already built. On top of that, the team that we were
campaigning for wasn’t that great. Many people saw the venture as a
waste of tax payer’s money. However, 10 years later, after many losing
seasons, the forum is finally experiencing sold-out games and fans
full of “Grizzly Fever.”
What’s the lesson learned? It sure feels good to see your investment, something you’ve supported, finally beat the odds. For those of you that have experienced bad deals, slow deals, low occupancies, and on-going
quests for funding, know that success requires hard work and…PATIENCE!
Note to Self…
- Everyone makes mistakes! It’s ok to take a loss sometimes (trust me). You have to see the long-term effects of a deal. I assure you, once you make one mistake, there’s a good chance that you won’t make it again. Your radar will be up and running :0)
- Two words…..DON’T QUIT!
- Two more words…..KEEP GOING!
Have you checked your faith today?
SRB
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