5 • 683 Ratings
🗓️ 19 August 2024
⏱️ 27 minutes
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0:00.0 | Yo-yo, what's up? Today's podcast episode is the episode that you need. Whether you know it or you don't, |
0:07.0 | it is the reason that you're not submitting the offers, that you know you should be submitting. |
0:11.1 | It's the reason that you aren't making progress. It's the reason that you're in analysis paralysis. |
0:15.2 | It's the reason that you're looking at businesses. You're looking at real estate. You're not making offers. |
0:19.0 | You're not making progress. It's been a year and you're wondering what the hell is wrong with you. That's the day's episode. |
0:25.1 | And the question that we're answering in today's show, ladies and gentlemen, is how do I find a partner? |
0:33.2 | That's the surface level question. This was asked in the Action Academy by a person that is analyzing |
0:39.2 | small businesses, and he goes, I need an operator to run this business for me. What do I look for in an |
0:45.5 | operator? What do I look for in a partner? And I said, whoa, whoa, whoa, let's slow down. Let's back up. |
0:50.0 | What do you bring to the table? So more importantly, more importantly, ladies and gentlemen, |
0:55.7 | is what role do you play in partnership in a real estate transaction, in a small business |
1:03.4 | transaction? Because I went on a tangent in this in the Action Academy community, our back-end |
1:09.5 | community where we teach people how to buy |
1:11.2 | real estate, small businesses. This guy asked this question, which was a wonderful question, |
1:15.9 | and I went off on a tangent, and I said, what a wonderful podcast episode to post for thousands |
1:21.6 | of you guys to get the answers that you need, because what we realize is the reason that he's not |
1:26.7 | submitting the offers that he's not submitting the offers |
1:27.8 | that he knows that he should be. This is not a dig on him. This is a wonderful question. |
1:32.9 | The reason that he's not submitting the offers is because he is actually unclear of what value |
1:38.7 | he brings as an investor or as an business owner. He doesn't understand what value creation he brings to the |
1:45.4 | table for the business, for the real estate. Okay? And this is one of the biggest reasons that you |
1:51.0 | guys actually aren't taking action. It's a hidden obstacle that nobody talks about. And that's |
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