Five qualities to develop for incredible work ethic

A set of moral principles, moral ethic defines a person’s performance at their job. Others describe it as the belief in the moral advantage and significance of work and its intrinsic capacity to build a person’s character. A few elements make an incredible work ethic. In this blog, Gene Bernshtam walks his readers through the qualities that build it.

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Integrity means acting the same way when even people are not watching. Having integrity ensures that an individual works consistently and with excellence. Individuals practicing integrity take responsibility for their actions and are honest at all times. Next to integrity is quality of work. An individual’s effectiveness and efficacy at work speak of their commitment to their job. Those who deliver results and exceed expectations maintain a strong work ethic.

Discipline is displaying excellence even during bad days. This quality keeps individuals focused, determined, and dedicated to do their job with excellence. There is no way employees can become productive without having discipline. Professionalism is a broad quality that is often synonymous with maintaining a strong work ethic. According to Gene Bernshtam, the way a person conducts themselves at work and in the midst of other individuals is reflective of how they value professionalism.

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Teamwork is a factor that molds an employee’s work ethic as it speaks of how they manage their relationships at work in order to reach a common goal. Being a part of an organization requires a person to work well with others to deliver results.

Gene Bernshtam has been a CEO of multiple companies. He currently leads commercial real estate investment and development firm Avalon Holdings LLC, which specializes in apartment buildings and mixed-use properties. He believes that good work ethic is essential to becoming successful. For more updates, head over to this blog.

The link between effective leadership and fitness

In senior-level executives, regular exercise is correlated with higher leadership skills. The habit of working out builds skills integral to leading, managing, and achieving great results. For aspiring business leaders, it’s not enough to develop leadership skills. One must improve it in significant ways, and one way to do that is to hit the gym or go for a run.

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Gene Bernshtam shares that regular exercise is good for the brain. A study conducted by Penn State discovered that individuals who exercised regularly a month prior to the day of the testing fared better on the memory test than those who lived a sedentary lifestyle. Self-confidence, not arrogance, is developed through regular exercise. Leaders must have the ambition to do more and reach higher goals, which can be trained in the gym.

In general, leaders inspire their teams. Setting an excellent example of taking great care of one’s own mind and body through fitness inspires discipline, strength, and perseverance among teams. Encouraging continuous improvement is part of every good leadership. Physical fitness achievements are testaments of continuous personal development which benefits one’s leadership.

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It is easy to feel stressed and anxious at work, says Gene Bernshtam. Exercising regularly reduces stress and combats anxiety. The key to maintaining good relationships in the workplace is having emotional balance. An incredibly important element in every successful leadership, collaboration is developed by engaging in sports. Team sports, or even practicing with a personal trainer, inspires teamwork and collaboration in a person.

Gene Bernshtam currently leads commercial real estate investment and development firm Avalon Holdings, LLC, which specializes in apartment buildings and mixed-use properties. Outside of his work, he enjoys weightlifting. For more updates, head over to this page.

Fitness 101: The four kings of exercises

Real estate developer and car enthusiast Gene Bernshtam also spends a lot of his time lifting weights and getting in shape. He shares some fitness tips which he has learned over the years in his series of blogs.

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For today’s blog, Gene Bernshtam looks at the four greatest exercises, which every person will surely need to reach their fitness goals.

Squats: The common misconception about squats is that they develop the legs. When done correctly, squats hit almost every muscle in the body. Even air squats, which don’t involve barbells, still manage to tone the legs, core, and back.

Deadlifts: The one exercise that increases strength more than any other movement, the deadlift has been a favorite of heavy lifters for decades. Just like squats, deadlifts develop every major muscle group, especially when one goes heavy, Gene Bernshtam adds.

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Push-ups: Push-ups have been done by almost every person in history in almost every fitness routine ever since fitness routines were invented. Whether in school or military boot camp, or CrossFit boxes, everyone everywhere is doing this staple of bodyweight exercises.

Pull-up: If push-ups are the staple of bodyweight exercises, pull-ups are the ultimate test of body strength. Executing a proper pull-up without assistance means a person has mastered their body weight, which is (or should be) one of the main goals of any fitness enthusiast, according to Gene Bernshtam.

Gene Bernshtam graduated from the Loyola Business School with a finance degree. He received Series 7 and 63 licenses, which allowed him to work for an investment banking firm right after his undergraduate studies. He has been a CEO in a real estate development and investment company, as well as an auto business. Visit this page for updates.

 

Get things done by developing a good work ethic

Times are changing, and the workflow is being modified to keep employees safe. But these days, it can still be hard to stay focused and get things done. Businessman and CEO Gene Bernshtam shares a few tips to develop a good work ethic.

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Stop putting off tasks.

Procrastination is the enemy of productivity. Making time to prioritize the day’s work will give an overview of what’s to come. It will also allow a person to decide which task goes first and which one can be done quickly. On the one hand, many people suggest that doing the hardest task first will keep a person productive for the rest of the day. On the other hand, some find that doing easier tasks boosts their confidence, which in turn keeps them focused for the rest of the day.

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Eliminate distractions

There are days when it seems that there’s just a lot of distractions that keep a person’s attention away from their work. Whether in the office or at home, one should learn how to eliminate these productivity blocks. According to Gene Bernshtam, this requires a careful evaluation of habits. From personal concerns, social media, and background noises to sports news, online shopping, and food, a person should be able to identify what keeps them away from doing their best at work. Blocking websites, playing calming music, or keeping oneself full and hydrated might look like simple things, but they might keep a person away from being easily distracted.

Show up prepared

Dressing for the part, soaking up the knowledge, and having what they need for the day will improve others’ impression of a person. Coming to work prepared will allow a person to do their best. Instead of scrambling to prepare stuff or assemble a team, doing some things in advance will lead a person to maximize their work hours.

Commercial real estate professional Gene Bernshtam was born in Eastern Europe. He graduated from the Loyola Business School with a degree in finance. His interests include collecting cars, weightlifting, scuba diving, and traveling. For more on Gene Bernshtam, visit this page.

 

Smart practices of top real estate agents

Real estate is not for the faint-hearted. Professionals in the industry always have to be on top of their game for successful transactions. Gene Bernshtam, a real estate developer and investor shares the smart practices of top real estate agents.

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They are up to date with their licenses and certifications.

State law requires real estate agents to renew their licenses after several years. This is so they would be aware of current laws and other trends in the industry that can be useful in their work. Knowledge of their community, as well as the situation of their local market, will help them give their clients the best service.

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They stay on top of architecture and economic trends.

A real estate professional with a genuine interest in architecture has leverage over others in the industry. Being knowledgeable about designs, new features, and trends will keep potential buyers interested. On top of this, being aware of the current economic situation will allow a real estate agent or broker to explain to clients the causes behind market prices effectively.

They develop good rapport with their clients.

According to Gene Bernshtam, it’s not just about being bubbly or friendly with clients. Effective real estate agents know how to resonate with the needs of their clients. They are also honest in their dealings and are confident with what they’re selling. Sometimes, a real estate professional’s attitude can greatly affect the course of a deal. Showing clients one’s best traits and work ethic will surely bring rewards.

Gene Bernshtam graduated from the Loyola Business School with a finance degree. He received Series 7 and 63 licenses, which allowed him to work for an investment banking firm right after his undergraduate studies. He has been a CEO in a real estate development and investment company, as well as an auto business. Visit this page for updates.

 

Is multifamily real estate the way to go?

It has been said many times before how real estate is one of the most lucrative businesses in the world. People will always need space to live, work, run their businesses, and do all the things they need to do. And since the real estate industry has a ton of opportunities for people who want to invest their money in, Gene Bernshtam explores one of the more sought-after types of properties – multifamily real estate.

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First off, it is important to note that while many young investors are discouraged at the prospect of putting money in multifamily real estate citing numerous reasons, Gene Bernshtam mentions that if done correctly, the rewards are well worth the work. Like most, if not all, major investments, investing in multifamily real estate requires in-depth planning. It is not as daunting as any other undertaking of similar scope – it is simply different.

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For many entrepreneurs who choose to invest in multifamily real estate, living in one unit of the property poses a convenience, as the rest of the units are left to be rented out and managed. It also allows investors an easier avenue for mortgage and maintenance payment, with the rent of all the other units taking care of a large chunk of the various bills of the property. Multifamily real estate also provides several tax benefits courtesy of the IRS, Gene Bernshtam adds.

Gene Bernshtam leads Avalon Holdings LLC and its affiliated entities. Specializing in apartment buildings and mixed-use properties, Avalon provides investment, development, management, repositioning underperforming real estate assets, and consulting services. For more real estate updates, visit this page.

Are parking garages the next wave of mixed-use properties?

Gene Bernshtam has had quite a career in real estate. He has witnessed some of the biggest trends in the industry. Over the past few decades, Gene has seen the rise in mixed-use properties or structures that have more than a single-use such as condo buildings with commercial spaces below and residential units on the upper floors.

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For this blog, Gene discusses a more radical (for lack of a better word) type of mixed-use property – converted parking garages.

At present, several developers all over the country have been converting parking garages to accommodate more than just cars. With the vision of architects, the expertise of engineers, and efforts of construction companies, residential and commercial spaces have been added to some public parking garages.

Done right, Gene Bernshtam agrees that it’s a winning scenario for everyone involved since parking spaces have become just as in-demand as living spaces and business areas. It also contributes significantly to the rise of business centers confined to within a single city block. With the addition of mixed-use parking garages, residents, as well as employees, can park, work, and live in the area without needing to suffer the long travel between work and home, or the stress of merely looking for a parking spot.

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While the concept and construction of mixed-use parking garages, in general, are still in their infancy, Gene Bernshtam is confident that Americans will see more of these structures and enjoy its benefits in the decade to come.

Avalon Holdings, LLC’s Gene Bernshtam graduated from the Loyola Business School with a degree in finance. He received Series 7 and 63 licenses that allowed him to work for an investment banking firm right after college. He then started an auto business and a real estate company. More on Mr. Bernshtam’s work and interests here.

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Is weightlifting good for you?

Weightlifting offers more than an increase in muscle mass and endurance. Whether one pursues it as a hobby or a career, lifting weights has a number of benefits. Many people have had their lives transformed when they started lifting.

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Much like any sport, weightlifting requires an investment in focus. Paying little attention to strength workouts can lessen their effects on the body. Focus is developed through persistence and mastery. Strength training encourages one to care about what they’re doing. Weightlifting relieves stress. Physical activity helps reduce stress by releasing feel-good hormones or endorphins. The body produces endorphins in a faster period of time when weightlifting compared to when one does cardio. According to Gene Bershtam, people who do strength training have better control over their blood sugar than those who do not. Muscles get glucose from the bloodstream, preventing blood sugar levels from rising alarmingly, which prevents diabetes.

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As a person ages, their bones might get weaker. Through strength training, one’s bone density is increased and their risk of developing osteoporosis decreases. Weightlifting enables one to feel younger and stronger, both physically and mentally. In addition, people who lift can gain confidence and self-esteem as they continue to challenge themselves to improve in the sport.

Discipline and mental toughness are two great qualities one can gain when lifting weights, says Gene Bershtam. The sport tests one’s limits and strengthens their mental toughness. Weightlifting reduces symptoms of depression. When the body produces happy hormones, one can expect to be in a good mood all day.

Gene Bershtam has been a CEO of multiple companies. He currently leads commercial real estate investment and development firm Avalon Holdings LLC, which specializes in apartment buildings and mixed-use properties. Outside of work, Gene enjoys collecting cars, traveling, scuba diving, and weightlifting. For more updates, visit this blog.

Investing in commercial real estate: An exemplary financial move

Gene Bershtam firmly believes that there’s no investment quite like a real estate investment. Since people will always need space for living, working, selling, and everything else in between, investing in real estate will always be a trend.

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For this blog, Gene Bershtam shares the importance and advantages of investing in real estate – specifically, commercial real estate.

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• The collateral from commercial real estate likewise is higher than residential real estate. For residential real estate owners, the security deposit presents itself as the buffer. Sometimes, it’s a month’s rent; other times, it’s two months. For commercial real estate, this buffer is dependent on the tenant’s business, which is, at times, more flexible.

• Leases for commercial spaces are often longer than those of residential areas, though not all the time. Having a longer duration for a lease is beneficial for both investors and tenants, providing continuous cash flow for property owners while allowing tenants more time to build their business.

• Many business owners spruce up the spaces they rent. On many occasions, even the exteriors are given a makeover, making the property more aesthetically appealing. Ultimately, a more beautiful property means a higher rate for tenants to come.

• There will always be people looking for places to put up their businesses, which is why commercial real estate properties in strategic locations are seldom, if ever, vacant, Gene Bernshtam adds.

Commercial real estate professional Gene Bernshtam was born in Eastern Europe. He graduated from the Loyola Business School with a degree in finance. His interests include collecting cars, weightlifting, scuba diving, and traveling. For more on Gene and his hobbies, visit this page.

Classic car care: Storage tips

Gene Bernshtam has already touched on the topic of setting up the car garage for classic car enthusiasts before, but he still has a number of important tips for storing and maintaining these priceless automobiles. He reminds classic car enthusiasts, especially those new to the endeavor, that to keep the resale value of these cars up, they should be stored and maintained the right way.

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On that note, here are Gene Bernshtam’s best practices for storing classic cars.

Oil and filter

Once all the appropriate changes to the home garage have been made, it’s time to get down to the nitty-gritty. Changing the oil and filter, even if the car isn’t used all too often, is important. Having new oil go through the car protects it from all sorts of harm and keeps it going even during the winter months.

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Grease

Greasing up the fittings on the many hinges of the car, from the trunk and the latch of the hood to the doors and interior compartments, will go a long way. Remember to use white lithium grease.

Fuel stabilizer

Car owners shouldn’t forget putting in fuel stabilizers as well. Once done, take the car out for a spin to ensure that the stabilizers and the fuel mix well.

Air pressure

Lowering the air pressure of the tires slightly below their normal pressure is a good way to ensure that the tires last. Gene Bernshtam adds that classic car owners don’t use their automobiles on a daily basis, which is why lowering the pressure means prolonging the tire life.

Gene Bernshtam is a member of the Ferrari Club of America (FCA) and is the secretary of state for the Lamborghini Club of America in Illinois. Gene has won many awards from participating in judged classic automotive concourses all over the country. He also shows his support for several Chicago aldermen by attending fundraisers. More automobile reads on this page.