WIP 1276: First Deal Series - How to Go from $0 to $100k in 120 days - Part 2
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 14 August 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
We're in the second part of our scaling up series, and Todd is gonna show you how to go from $100,000 to $200,000 with his awesome strategies. If you're having a tough time with your marketing game, figuring out your first hire, and getting into that business mindset, then this episode has got all the solutions jam-packed into one amazing podcast.
It’s time to start your real estate engines and make that money roll!
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Show notes:
- (0:59) Beginning of today's episode
- (1:04) Moving into the second phase of scaling your wholesaling business ($100,000 to $200,000)
- (3:56) Avoiding random acts of marketing that can kill your business!
- (5:27) Taking the plunge with your first hire (low risk, high reward)
- (5:51) Opting for a virtual assistant from the Philippines
- (8:13) Consider hiring a bookkeeper and adopting a businessperson's mindset
- (10:30) Allocate 15% of your gross revenue to reinvest back into your business each month
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Resources:
- No Limits Sales System
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
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| 0:00.0 | You're listening to Whole Selling Ink episode number 1276. |
| 0:04.4 | RAM is random acts of marketing. Random acts of marketing. This is a business killer. |
| 0:11.1 | If you have RAM, you will be on the treadmill for the rest of your life. You will have no predictable |
| 0:16.0 | business. You'll be running around like a chicken with your head cut off. You'll be on a massive |
| 0:19.2 | treadmill. You'll be going from rich to broke, rich to broke, rich to broke, rich to broke, |
| 0:23.6 | every single month and wondering what the heck happened. |
| 0:27.3 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:32.4 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:37.5 | and start making money today. Join us as we put our guests in the hot seat and dive deep to |
| 0:43.4 | dissect their strategies for success to enable you to duplicate their results. |
| 0:48.0 | You're listening to Whole Selling Ink. The only show dedicated to making you a fortune in |
| 0:53.2 | Whole Selling. So in today's show, I'm going to talk about the second phase of scaling your |
| 1:00.2 | whole sailing real estate business. And that's from going from $100,000 to $250,000. If you go and |
| 1:07.4 | listen to the last episode, phase one was all about going zero to $100,000. And now this is that |
| 1:13.2 | second phase where the business has become real, right? You've done some deals. You're feeling good. |
| 1:19.2 | And maybe, maybe you're thinking, hey, maybe I'm going to start looking at quitting my job. |
| 1:25.4 | And so this is pretty exciting. You know, you got to get past that beginner phase where you |
| 1:30.8 | are just scratching and clawing and just praying your deal is going to close to actually starting |
| 1:36.3 | to form something that looks like a real business. So in the last episode, I talked about all about |
| 1:44.2 | scratching or clawing your way to your first deal and averaging $35,000, a deal generating your |
| 1:51.0 | first 100 leads, squeezing two, three, four deals out of that to make your first $100,000. |
| 1:57.6 | Now it's time to get off the edge to generate some consistency in your business and to make a real |
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