We believe everybody has the right to build their business around their ideal lifestyle and achieve as much time freedom as possible to do the things that really matter to them in life.
While wholesaling he saw a need in his business and built technology to make the whole process of doing a deal a lot simpler, with a lot less headache and a lot more focus on doing the essential few vs. the trivial many that are involved in doing a deal.
The turning point was missing out on a 50K wholesale deal because he did not respond fast enough to a seller lead while touring with the band. The seller signed a contract with another wholesaler that day. This sparked the desire to build a dependable way to manage leads. Being on tour forced him to create systems that the team could utilize and implement in his absence. A process that would not require him to be present physically to do deals. He vowed to never miss an opportunity again and to lean into the discomfort of creating systems.
Start thinking of your business as a set of little engines that run without your direct involvement. Creating and sharing the systems he developed for lead management and follow up eventually led to InvestorFuse.
Working with over 500 companies and thousands of members on the platform has provided a unique perspective into the pain points in day to day operations of Real Estate professionals. For example, we know they want to be as mobile as possible and not on a laptop because money is made while talking to sellers and locking up deals.
The purpose of this Podcast is to connect with the Real Estate Investor Community and share the stories of other Real Estate investors. We are all about connecting people, sharing knowledge, and sharing resources that promotes time freedom.
Let’s start with our main philosophy of InvestorFuse. It is squarely based on the 80/20 Principle. It states for many events, roughly 80% of the effects come from 20% of the causes.
Think about all the tasks and activities you do in any given day, then think about what percentage of those activities are actually bringing in money. Chances are about 20% of the activity is bringing in 80% of the business income. This is a principle you can apply to many areas. Some examples include 20% of your marketing campaigns will yield 80% of your income. 80% of wealth is held by 20% of the population. 20% of the roadways make up 80% of the traffic.
Our whole philosophy to harness the 80/20 principle is to get out of your own way when doing deals and think of your operation as a business. You do this by removing yourself as a bottleneck and harness the power of an amazing team and by utilizing automation technology in order to truly focus on the essential things in your business strategically. Focusing on things like hiring the right people and creating engines and systems within the operation in order to have a repeatable process to monetize all of your leads.
Imagine flipping 5-10 properties per month while only focusing on the things you’re good at and enjoy. With what you learn here you will have the capacity to build your business around your specific ideal skill set and ideal lifestyle.
Connect with Dan and Carlos by joining our online community. http://www.realestatetimefreedom.com. See you on the inside, send us questions or recommendations for anyone you’d like to hear on the show.
Automate away the repetitive tasks and enhance the human element of real estate investing to build your business around your ideal lifestyle and achieve as much time freedom as possible to do the things that really matter to you in life.
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May you work on your business and not in it. May you only work only on the things you enjoy and are good at inside of your business. May you spend as little time as possible in front of your laptop as possible.
Now go out and close some deals!