Wholesaling In 60 Seconds (Daily Wholesaling Lessons) -- Take Your Profits Home | Wholesaling Inc Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 8 November 2019
⏱️ 3 minutes
🧾️ Download transcript
Summary
Wholesale Hotline Podcast (Wholesaling Inc Edition), present's Wholesaling in 60 Seconds. We are breaking down Brent Daniel's beginner's series into bite size chunks. This will be a 60 day challenge where we release one small wholesaling tidbit everyday. At the end, you should have everything you need to close your first deal.
Show notes -- in this episode we'll cover:
- Review your P&L.
- Just stay disciplined.
- Income - profit = expenses
Please give us a rating and let us know how we are doing!
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☎️ Welcome to Wholesale Hotline & TTP Breakout🦏🍌! ☎️
Brent Daniels is a multi-million dollar wholesaler in Phoenix, Arizona… and the creator of “Talk To People” — a simple, low cost, and incredibly effective telephone marketing program...
Also known as “TTP”... it helps wholesalers do more, bigger, and more profitable deals by replacing traditional paid advertising (postcards, yellow letters, bandit signs, and PPC) with being proactive and taking action every single day!
Brent has personally coached over 1,000 wholesalers enrolled in his “Cold Calling Mastery” training, and helped 10,000’s of others who listen to him host the Wholesaling Inc. podcast, watch his YouTube channel, and attend his live events...
A natural leader, Brent combines his passion for helping others with his high energy, “don’t-wait-around-for-business” attitude to help you CRUSH your wholesaling goals as quickly and easily as possible!
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JOIN BRENT FOR THE LIVE SHOW EVERY WEDNESDAY AT 10:00 AM ARIZONA TIME: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
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💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: ttplinks.com 💲
Become a "TTP Insider" for exclusive tools and trainings (it's FREE to join)!: https://www.talktopeople.com/insider/
Want to work with me one-on-one? 📞 Book a call with my team!: https://www.talktopeople.com/coaching
Service for Distressed Property Lists and Property Valuations - “TTP Data!”: http://ttpdata.com/
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Brent Daniels's YouTube: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
🔹 Brent’s IG: https://www.instagram.com/brentdaniels_ttp/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
‼️‼️Pro tip: Make a post with your market & what you need help with‼️‼️
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Profit and loss. This is going to be your best friend. |
| 0:02.4 | P&L, profit and loss, understanding how much you're making, how much you're spending. This thing is where you're going to live. Trust me. I review this with my CFO, which is also my dad, he's awesome. And we review this every single week. Because I don't want to get over my skis. I don't want to spend too much. I want to make sure that I keep my profits high. |
| 0:21.6 | Next, do you know your biggest expenses in this business? It's not marketing. It's not your staff. It's your emotions. |
| 0:27.6 | But you know how to combat that? Have a business plan. This is the plan. If I follow this plan, I'm going to achieve the goal. |
| 0:36.6 | It took me forever it took me |
| 0:38.8 | absolutely forever to get this discipline absolutely forever to put this all |
| 0:45.0 | into place and to really have targets to hit on a daily weekly monthly |
| 0:49.9 | quarterly basis you can skip all of that nonsense to do it right now income |
| 0:53.9 | minus profit equals your |
| 0:56.2 | expenses. Typically, it's income minus expenses equals your profit. Let me tell you about the wealthiest |
| 1:04.0 | real estate entrepreneurs that I know. They all take the money home. It's all about this number right here. |
| 1:12.1 | They set minimum standards for the amount of money that they want to take home. |
| 1:16.4 | Do you know what most entrepreneurs do? |
| 1:18.0 | They go, you know what? |
| 1:19.0 | I'm going to take $3,000 a month out of my business and I'm going to keep the rest of it |
| 1:23.2 | in my business or 5,000 or 8,000. |
| 1:26.5 | Some crazy, real greedy ones take $10,000 a month. |
| 1:31.3 | It's nonsense. |
| 1:32.8 | How about this? |
| 1:33.3 | How about I challenge you this? |
| 1:34.4 | Everybody in the Rhino tribe knows this. |
| 1:36.3 | Everybody in my mentorship group knows this. |
... |
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