Think First and Drop the Ego - Leveling Up Strategies with Marck de Lautour

Profit First for Real Estate Investors with David Richter

Profit First for Real Estate Investors with David Richter
Think First and Drop the Ego - Leveling Up Strategies with Marck de Lautour
May 11, 2022 Episode 87
David Richter

Time is such a finite thing. So when you trade time for dollars, you cap your income. As it should be pretty clear by now, there can be a serious problem when you barter your time for money. And with us in the show is someone who’s a master in creating generational wealth and passive income. 


Marck de Latour will give you a mind-shift change as he lays down the benefits of real estate investing and how to keep your money rolling without you!


Key Takeaways for This Episode:


[1:31] Where is Mark from?

[3:59] Would he put a high value on the education that he perceived along the way in his real estate investing journey?

[8:54] The story of how he became a full turnkey provider?

[10:41] The mindset of creating a team that will help you in your business?

[12:14] The mind-shift for him was analyzing that he needed to pay high wages and high compensation.

[14:22] If you don’t want to scale your business, you don’t have to

[17:04] There are no secrets to success, only executive 

[17:47] What early lessons did he learn about money?

[18:46] Understanding trading time for dollars vs. owning something 

[21:34] The value of your compensation will be equal to the problems that you solve in life

[29:11] Think of where you want to go. The destination is important, and enjoy the journey.


Quotable Quotes:


[6:09] “It’s easier to do than to think. But it’s harder to think and plan and strategize.”

[11:29] ”When you reach the point where you're trying to scale and grow, you can get good, but it's really how to get great and remove you from the process.”

[14:39] “When you’re doing big deals throughout the year, you have to scale up and go through the pain.

[29:42] “The strength of the entrepreneur becomes the organization's weakness.”


Links: 


Profit First Real Estate Investing by David Richter-https://simplecfosolutions.com/profit-first-david-richter/ 

The Legend of the Monk and Merchant by Terry Fellber-https://www.amazon.com/Legend-Monk-Merchant-Principles-Successful/dp/0529120801 

Mark’s LinkedIn-https://www.linkedin.com/in/mark-de-lautour-012154203?originalSubdomain=nz 


Tired of living deal to deal? 

If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David