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The Art of Passive Income

The Antidote To Overthinking—Set A Timer, Take Action, Adjust, Pivot

The Art of Passive Income

Mark Podolsky

Howtobecomearealestateinvestor, Taxlieninvesting, How To, Entrepreneurship, Bestwaytostartinvestinginrealestate, Education, Passiveincome, Bestwaytoinvestinrealestate, Taxlienproperties, Taxliensales, Howtomakemoneyinrealestate, Taxlienpropertiesforsale, Passiverealestateincome, Makingmoneyfromrealestate, Bestrealestateinvestments, Howtobuytaxlienproperties, Business, Realestate, Propertytaxliens, Startingarealestatebusiness, Investing

5681 Ratings

🗓️ 5 June 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Erik Peterson Aaron Williams Mimi Schmidt Scott Todd We start this episode off with a special thanks to Doug Kolb and all of our vets this Memorial Day. We also welcome Round Table newcomer, Mimi Schmidt to the panel! Our first topic is OVERTHINKING this business—whether it’s the offer amount, the marketing approach, or the technical stuff, far too often people overthink this business so much it stops them from making progress. Just do it, whatever it is. Don’t get into this spiral of getting too detailed and preventing yourself from making progress. -Tate Mimi, who’s super analytical and tends to overthink shares the story of her beginnings when she made the mistake of sending out 0$ offer letters and one was accepted! You’ll learn about the market by the responses you get or don’t get, it’s just that simple. -Mimi Everyone goes over the areas of the business that causes them to overthink and then gives advice on how to change your mindset from overthinking it to letting go and taking action! The consensus is, by putting too much thought into the task at hand you’re slowing down your progress. So allow yourself a fair amount of time to do the task, but don’t exceed your time frame. Then, take action. Adjust. Pivot. The goal is to continuously improve while moving forward. Striving for a perfection that may never come only slows down your progress and can even stall it.  As Scott always says, Done is better than perfect! Scott also talks about the changes that have been happening behind the scenes over at LandModo.com. With AB testing, buyer studying, and tweaking the response rates continue to rise dramatically! Listen in for all the details... Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Transcript

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0:00.0

Do you have solo economic dependency?

0:03.2

That is, if you aren't working, you aren't making money.

0:06.6

The art of passive income podcast is the solution.

0:10.3

Discover passive income models so you can enjoy life on your own terms.

0:15.2

Let freedom ring.

0:17.6

Hey, it's Mark Pudoloske of Latin Geek with your favorite niche real estate website,

0:22.0

w.w.orgia.com.

0:25.2

And for this week's roundtable podcast,

0:28.7

we've got the Big Papa, Tate Litchfield.

0:32.2

Tate, how are you?

0:33.5

I'm great. Doing really well, thanks.

0:36.8

Great, great. Should I just say it? Should I just do it?

0:40.8

Yeah, just do it.

0:42.1

I love it when you call me big papa.

0:44.7

We had to just get it out of the way. All right. Moving on.

0:48.0

Now we got it. We got it out of the way.

0:50.7

And then of course we have the erascible Eric Peterson.

0:55.7

Eric, no nickname Peterson. How are you?

0:58.1

I'm doing good. I'm erascible once again today, huh?

1:02.1

I just, I just, I don't know.

1:04.4

It's a good word.

1:05.8

It is, it's a fun word to say, even though it's completely the opposite of your personnel.

...

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