Go Big or Go Home
33 minutes · 2018
This topic is something I think everybody struggles with for the most part. It’s all about the aspect of going bigger in your business. Go big, that’s what we want to do. First and foremost, I’m always excited that you’re paying attention. That’s one of the big things that is very humbling to me. We’re so excited to provide this on a daily basis for you. It’s just overwhelming. What we want to do is the topic that’s something that I think everybody struggles with. We all want to do big things. I don’t think we get into real estate or entrepreneurship to do something and that we want to make $15 an hour or we want to make $30,000 or we want to work so hard to make less than minimum wage. I know it’s foreign ground. It’s new territory. What do we do? What do we say? We’re like brand new puppies. Everything is exciting, we don’t know which way to go.
Unfortunately, I’m a big believer that a lot of the real estate seminars or the gurus out there don’t prepare you to do big things. They prepare you for the one-off asset. They’ll fix and flip, they try to do everything yourself aspect of things and they’re not helping you in the long run to really go big. They’re not helping you do bigger things because they’re so used about giving the one-off asset. It’s a singular focus. It’s not about scaling your business, it’s about individual asset. Scaling is a very important part and I think you need to be focused on it initially from the get-go because like my good buddy, Aaron Young, says, “Start with the end in mind.” If you want to build a business, you have got to build a big foundation. To build a big building you’ve got to have a good foundation.
Unfortunately, most people are building very small foundations and they wonder why they struggle when they try to go big because they’re not set up or prepared for that big jump. If I could look back at anything over my last fourteen years as a true note investor, true real estate entrepreneur, I started investing in real estate in 2001, 2002. I fell flat on my face, messed up tragically, got up, licked my wounds and went in a different direction than where I went before. I was fortunate enough to get some really good mentors and get some great people out there that really helped me out. Starting off with Bob Leonetti and Jayme Kahla, started a mortgage company. Those guys helped set me off in a good direction. They gave me some great coaching mentorship on where I needed to go and they were able to help me do things bigger and better than what I originally had thought before.