Uncertainty Is Worse Than Any Reality

By Connor Powell, business development manager, Admired Properties

 

It is nearly a week since the country voted in the general election and the result was announced. The response from the population has been varied, as is expected of course. The Conservatives won by a landslide, in an even bigger victory than they themselves expected, and Boris Johnson now has little or no opposition to worry about. This means that Brexit will go ahead as planned. For the property industry, this can only be a good thing. Removing the uncertainty of Brexit means that the markets will be stimulated and continue to thrive. Uncertainty is inherently unsustainable and what this country needed was a plan of action. We have this now and having spent time speaking with investors in Asia this month, I can say with certainty that investment within the UK property market is very much top priority for them, more so now that we have a resolution – remain or leave was inconsequential.

 

This is true for all businesses, no matter the sector and no matter the size. One of the hardest things in life is not to know what is coming down the road. As a business you need to be clear of your intentions and ambitions and communicate with staff and suppliers at all times. When you hit a bump in the road, share the load, after all a problem shared is a problem halved. Not only for yourself, but for all those around you who are most likely aware that there is a situation and are imagining scenarios that are far worse than the reality. Allow others to help you and when you make a decision, stick with it or else you risk breeding mistrust and creating an environment of unease.

 

The moral of the story? Uncertainty is worse than any outcome – whether it is the one you want or not. I think we can all agree that this is true regarding anything in life. Don’t hesitate, be certain and execute.