Let's Talk Real Estate Investing with Sharon Vornholt
Business:Investing
Do You Have a Real Business or Have You Just Created a Job for Yourself?
Here'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 right 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. They do the work. That's how they get their first 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 a few of the things we will cover in part 1 of this 2-part series:
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 only hire people that have the exact skill set you need? Why I think there are other things more important than skills The 3 step plan for firing yourselfComing Next....
In part 2 of this 2-part series we are going to cover how you begin the transition from self-employed (AKA "worker bee") to business owner.
Fire Yourself
Get your FREE "Fire Yourself" worksheet by CLICKING HERE. Be sure to fill it out before listening to part 2 of this series. Everything is easier with a roadmap, so why not get yours? It's completely free.
Tax Free Future
To find out more, JUST CLICK HERE. Who doesn't want to pay less taxes?
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