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Archive for January, 2009

Work Less Than 4 Hours A Day Using The 80/20 Rule Jan 18

To complete the 22 month retirement challenge, I have to be productive.

I don’t have all day. Actually, I won’t work more than 4 hours a day, 4 times per week…And many days, it’s less than that.

Why?

For 2 reasons:

  1. It forces me to be more productive. I know that I only have 4 hours to work… But yet, I know that there is a certain amount of work that just has to be done in order for me to be successful in this challenge.
  2. I want you to feel and know that you can do this too. I want you to know that if you can find a few hours per day, that you can realize your dreams.

How To Get More Done Using The 80/20 Rule

The 80/20 rule simply means that 80% of all your results will come from 20% of your activities.

So, if you focus your efforts on 20% of the activities that produce the 80% of results, you’ll get the most results in the least amount of time.  Thus, you’ll make the most amount of money in the least amount of time.

As you grow, you can outsource work to other people and companies to help you grow even more, and all the while, doing a little less work.

Learning to be productive is Critical to the success of your business.  Learning to do the most important activities in your business firstly and consistently will ultimately determine whether or not you succeed.

What Are Your Most Important Activities? more…

Real Estate Investing: The Less I Do, The More I Make Jan 17

This doesn’t mean that you are not going to have to work.
This doesn’t mean that you can be lazy.
This doesn’t mean that there won’t be challenges and that riches are going to fall in your lap.

What you’re supposed to get out of this is if you learn to do less of the hands-on work, that if you learn to manage projects, that if you manage systems instead of doing all the work yourself, you will get more done as a business.

You will be more productive.
You will, in turn, do less work, have more free time, make more money, and still get more…

I’ve Got to Get to the BIG Dogs Jan 16

As you know, this challenge is about making enough money investing in real estate in the next 22 months that you can retire and live your dream lifestyle on.

Well, in order to do that, we’ve got to make a lot of money really fast so…

I have to get to the BIG dogs!

I am only focusing on quick turn real estate investing to complete this 22 month challenge, and only about 3 investing strategies within in that.

I don’t have time to waste, so this coming month, I will be focusing on getting to the really BIG decision makers that can bring me a lot of business and repeat business.

For instance:  If I help builders sell homes, I can get a steady stream of deals from them, and from their builder friends (referrals).  If I am selling leads, and I sell to a real estate broker, I can sell more leads because more…

Simultaneous Closings: NEVER Bring Your Money To Close Jan 15

No money down real estate investing!

It’s all over the infomercials.
It’s all over the book stores.

…But they don’t really tell you how to do this, or why it’s really so powerful and that it should be crafted so that the sellers do get money…It’s just not yours.

Remember, I told you that I am not going to be putting myself or you at risk when investing in real estate. This is one of the most important rules we have.

One of the biggest risks is investing a lot of money into a deal. There’s just no need for it!

So, how to you get around it?

One of the best ways is with a simultaneous close.

What is a simultaneous close?

It’s a close where you buy and sell a property at the same closing. You sign the papers to buy the house and then, you sign the papers to sell the house right after.

Why is this powerful?

Because it eliminates the more…

A Lesson From Jason Loucks – The 7 Day Sale Guy Jan 14

I have read a lot of Jason Loucks stuff.  He is a phenomenal thinker and real estate investor.

There is one thing he said once that has stuck with me:

“Rich people aren’t average”

…and then, he goes on to say that he wants to teach you to learn to not be average.

When you think like an average person, you act like an average person, and you become average…

…And like he said, average people aren’t rich.  So, in order to become rich and to live your dream lifestyle, you have to more…

How To Find Buyers Before You Have A House To Sell Jan 13

I remember when we first did this little real estate investing test.

It resulted in almost 90 different buyers calling to buy a house that we didn’t even own.

You see, we ran an ad for a house that we didn’t own or have in contract.  Actually, we hadn’t even call to try and buy one house at all yet.

This helped us get over our fears of finding buyers for houses that we get into contract.  Finding houses to sell is NOT the problem.  It’s having an exit strategy…. a way of getting rid of the house quickly and without risk.

What Did We Do?

We ran an ad for an “Investor Special, Cheap, Cash” and the ph #.  Over the next week, the calls just kept coming in. Most were on the Sunday the ad hit the paper, but there were a lot on Monday and they tapered off, but we did get calls the next week even.

We then categorized every person that called in an A pile, a B pile, and a C pile because when we did have a house for sale, we wanted to be able to contact these investors without ever having to run an ad….

…We wanted to make the best use of our time.

We classified these investors into A, B, & C pile investors because we didn’t want to call a “buyer” if they were not going to be able to buy. I don’t want to waste their time or ours.

So, how did we classify these investors (home buyer leads)?

We asked them several questions, but these were the 2 main qualifying ones (ones that would determine if we could do business together now or in the future):

  • How quickly can you close?
  • What is your price range?

The thing is, I knew that if the investor told me they were going to take more than 2 weeks to close, I was dealing with the wrong type of investor.  It doesn’t take that long to close if you have the goods.  It shouldn’t take longer than 14 days tops.  So, they got put in either the B or C pile.

How To Use This Same Idea To Get Lead Buyers and Owner Occupant Calls more…

Have You Seen Because I Have A Dream THE Movement? Jan 12

UPDATE: I no longer own the site… But you can follow me here: Life, Love, & The Pursuit of “Happyness”

Hey, what’s up everybody? Just wanted to let you know about a site that we launched not too long ago.

It’s called, “Because I Have a Dream”.

It’s about helping people achieve their dreams in the fastest, most effective, and most efficient way possible.

This is one of the main reasons we are taking on this challenge in the first place.

So, check it out, it’s a pretty cool site. A very young site, but one that you’ll won’t want to miss out on being a part of.

To Achieving Everything You Set Out To Do,

Kenney :)
more…