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The Importance of Saying “No”

July 17, 2013

In this blog, we talk a lot about staying on the cutting edge of the industry in order to be prepared for any type of appraisal call that comes in. But there’s a flip side to this theory that was tackled this week by the “You’re the Boss Blog” in The New York Times. A recent blog post discussed how much can be gained simply by saying, “No.”

It’s often heard that in your personal life, saying, “No,” is a good way to keep yourself from being overextended. By agreeing to every volunteer opportunity or doing every favor, you can tend to lose focus on what’s truly important in your life. In business, a related theory holds true. Whether you are a new CMEA or an established one, know what you’re good at. Find your niche market and become an expert. Then, if a new or potential client asks you to appraise something you don’t know about or branch into an area you’re not comfortable with, be willing to say, “No.” According to the article, failing to do so will cause you to spend more time on the job than you would normally, which will cause you to lose money in the long run.

The NEBB Institute provides a large network of other CMEAs with whom you can discuss this and other industry issues. If you’re interested in learning about how other CMEAs created successful businesses, contact us today!

The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.

By: NEBB Institute

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