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Entrepreneurs on Fire

Scaling To $50 Million Per Year In Land Investing with William Goldberg

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 27 December 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

William Goldberg together with his business partner Paul took off a land flipping business idea–WG Lands (now Discount Lots) from $0 to $50 Million in only 3 years.

Top 3 Value Bombs:

1. It would be best if you went for the most expensive person when hiring for a position or a project.

2. Vacant land investing is the best niche in real estate that nobody talks about.

3. Go out and try things, and do not be afraid to fail.

Check out and get your dream property for less than $200/month! - Discount Lots Website

Sponsors:

Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!

HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.

Transcript

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0:00.0

Boom shake the room fire nation JLD here and welcome to entrepreneurs on fire brought to you by the HubSpot podcast network with great shows like online marketing made easy today will be breaking down the process of scaling the 50 million dollars per year in land investing to drop these value bombs I brought to William Goldberg and the EO fire studios William together with his business partner Paul took a land flipping business idea WG lands which is now discount lot.

0:30.0

That's from zero to 50 million in only three years and today foundation will talk about what the heck is vacant land investing how it can be turned into an ecommerce machine will talk about finding discounts key performers indicators how to run a hundred person company and so much more and a big thank you for sponsoring today's episode goes to William and ours monsters is this your year visit thrive time show dot com slash E O fire to see how clay clerks

1:00.0

business coaching has helped thousands of entrepreneurs to dramatically increase profitability it's month to month and less money than an average minimum wage employee schedule your free consultation today at thrive time show dot com slash E O fire the goal digger podcast hosted by Jenna Koocher is brought to you by the HubSpot podcast network the audio destination for business professionals tune in and discover your dream career with productivity tips business hacks and so much more genos recent episode on four questions to qualify your digital product

1:30.0

idea is a must listen listen to goal digger wherever you get your podcasts Paul say what's up to fire nation and share something that you believe about becoming successful that most people disagree with great question and happy to be on here been a long time listener thanks to the EO fire since I think since you've

1:52.0

started it I've been an avid listener so it's really crazy you've listened to thirty seven hundred episodes definitely not definitely not but when I first started my entrepreneurial journey six years ago this was on the

2:06.2

reg listening to JLD it was part of the mix and definitely open my brain to what is what what what you can do with your life and so I

2:18.0

wanted to just say thank you thank you I appreciate that definitely had an impact on my entrepreneurial journey and me so that that's kind of cool

2:27.2

we're all here now so controversial business thought so I was actually talking about this earlier so this is definitely

2:34.6

controversial but I live by it is when you're hiring for a position or you're going to upwork to get like someone to

2:43.0

work on a project go for the most expensive person on the on the platform because you're going to get a better output most of the time you're

2:53.2

going to get a better output and a better result and it'll end up being cheaper than going for the cheapest possible person you can hire because the output will be

3:02.6

higher faster better it's so true on so many levels I mean actually just went through this personally on fiber where I need to just a quick

3:08.7

little stick figure animation for a new project that I'm working on and I went there and you know everybody's five bucks said there's this one

3:14.6

person that was like $35 and I'm like wait a second there's probably a reason and I like looked at his work and it was so far

3:20.6

superior it was exactly what I wanted he crushed he did revisions and at the end of the day like I have an amazing product because this guy

3:29.7

knows what he's worth and he charged it and I'm happy to pay that and the problem and Seth go ahead and love saying this with the

3:37.7

race to the bottom is that you just might win and when you get people just going in there undercutting themselves all the way to the bottom

3:45.0

the quality suffers that's what really suffers and today foundation we're talking about scaling the $50 million a year in land

3:51.5

investing and not only do I have Paul on the mic I have his partner William who I'm sure has amazing things to say about

3:59.1

entrepreneurs on fire just like Paul did but William I just want to start off by really getting into the fact that fire

4:06.9

nations heard of real estate investing but what the heck is vacant land investing big and land investing is the the best

4:16.0

niche in real estate that nobody really talks about so there's a million ways that people can invest in big and lands the way that we took

...

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