Do You Have a Real Business or Have You Just Created a Job for Yourself? Podcast #167

April 29, 2019 in Building Your Business, Podcasts

 

Fire YourselfHere's the big question I want to ask you today. Do you have a real business or have you just created a job for yourself? For most real estate investors, the answer is that they have just created a job for themselves. We like to think of ourselves as entrepreneurs, but are we really? I think the answer is no in most cases and here’s the reason.

Entrepreneurs or true business owners, organize their businesses for growth. They know from the very beginning they want to scale. A true entrepreneur knows that their job isn’t to do the work, it’s to build a company that does the work.

In almost every case, real estate investors start out as a one man show. That’s how they get their first few deals done. It’s the next thing that happens that will likely determine their future, and that is how quickly they start to build a team.

So how do you begin the process? You need to create a plan to fire yourself.

 

Show Notes

Here are some of the things we will cover in part 1 of this 2-part series:

  • Do you have a real business?
  • Who do I hire? W-2 employees or 1099 employees?
  • Freelancers and virtual assistants; what’s the difference?
  • The advantages and disadvantages of each type of person
  • Should you hire only people that have the exact skill set?
  • Why I think there are other things more important than skills
  • The 3-step plan for firing yourself

 

Here's Your Podcast – Do You Have a Real Business or Have You Just Created a Job for Yourself?

Coming Next…

In Part 2 of this 2-part show we are going cover how you begin to transition from self-employed (AKA “worker bee”) to business owner.  You can listen to part 2 by CLICKING HERE.

 

Fire Yourself Worksheet – Get Yours Here!

Get your free “Fire Yourself” worksheet by CLICKING HERE. Be sure to get yours and fill it out before the next show.  Everything is easier with a roadmap and it’s completely free so why not grab yours?

 

Tax Free Future

To learn more about creating a “Tax Free Future” just CLICK HERE

Thanks for Listening!

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Thanks again for joining me this week. I’ll see you next time!

 

 

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