53. Identifying Your Priorities & Your Values in Business | BiggerPockets Founder Joshua Dorkin

The ONE Thing

NOVA Media

Entrepreneurship, Business, Careers

4.8 • 1.1K Ratings

🗓️ 6 July 2017

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you aren't building a database - if you aren't building a community to engage with your customers - your business is vulnerable. Our guest, Josh Dorkin, is Founder and CEO of BiggerPockets, the leading real estate investing community and media company. They help more than 750,000 members focus on networking, dealmaking, and education by fostering an active community, publishing books, and recording a weekly podcast. In this conversation, you will discover how Josh used principles from The ONE Thing to cast a big vision, think strategically, and build a business that offers long-term value. The ONE Thing to Implement From This Episode: Block out one hour every day for strategic thinking - what are the things you absolutely must do to accomplish everything else? If you take the time to pause and then focus on your priorities, it will help your business more than completing every small task on your to-do list. In this episode you will learn... [7:45] What it means to identify your core values and build them into a business. [13:15] Why you will sometimes need to sacrifice short-term profit to create long-term value. [15:10] How to think big with a base in reality (and why small actions will set you up for success). [20:50] Why you have to prioritize (if you care about what you're trying to accomplish). [25:05] Why work isn't just about doing. [29:40] How to transform your business by blocking out just ONE hour every day. [34:00] How entrepreneurs can avoid a common hiring mistake with a simple mindset shift. AWESOME FREE RESOURCES FOR YOU! The Kick Ass Guide To Accountability Form your first power habit with your 66 Day Challenge Calendar Check out our awesome blog! [FREE Training] How to Start Time Blocking TODAY! Links & Tools From This Episode Connect with Josh: Twitter | Instagram Listen to the BiggerPockets Podcast Join the BiggerPockets Community Production & Development for The ONE Thing Podcast by Podcast Masters Mentioned in this episode: Factor 75 Head to FactorMeals.com/one50 and use code one50 to get 50% off. That’s code one50 at FactorMeals.com/one50 to get 50% off! Factor 75

Transcript

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0:00.0	eight years into my business. I was working 80 to 100 hours a week. I went seven plus years without taking a day off.
0:07.0	I was building a lifestyle business and I had no life and one day I turned to my wife and I broke down I started crying and I was like, you know, this is crazy.
0:15.9	Like what am I doing here?
0:17.3	This is the one thing podcast where we teach you the surprisingly simple truth behind
0:24.3	extraordinary results. My name's Jeff Woods I'm the vice president here at the
0:29.6	one thing team in the last episode you got to meet Manny Taurus. He's one of you.
0:34.8	He's been one of our founding members. We talked a lot about battling
0:38.2	distractions and accomplishing your one thing. We've heard from you guys that you know you love when we reach out to
0:44.9	experts in their field. You love when we talk about things about the book but
0:49.2	sometimes you also want us to talk with normal people just like you. If that's you go back make sure
0:54.2	that you listen to episode 52 with Manny that was a great great episode. In this
0:59.1	episode we have a sweet treat for any of you in the real estate or real estate investing space, you have likely heard of bigger pockets.
1:06.7	When I was in medical device sales, my income's getting slashed, I'm realizing I need financial freedom. I want to build that passive income. I heard
1:15.3	that real estate was a great way to do it and very quickly I got turned on this
1:18.0	podcast called Bigger Pockets that was hosted by these two very witty and handsome
1:22.1	men Josh Dorkin and Brandon Turner and I just
1:24.4	fell in love with these guys. They were a big catalyst to me upgrading my mindset
1:29.1	when I wanted to get into real estate investing. Well you fast to today, I'm now in relationship with them.
1:34.9	And Jay also is in relationship with them.
1:37.4	They are just world-class guys.
1:39.6	And the reason that we are having a conversation with them today
1:42.2	is because Gary Keller has always said,
	...

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