Whether you’re 20, 30, 40, or 50, the biggest mistake you can possibly make is not starting today. Whether it’s your 9-5 job or fear of failure, no excuse is worth delaying the one thing that could drastically transform the way you earn and work. In this week’s episode, our guest shares how he overcame his analysis paralysis and built a multi-million business from scratch!
From being a success story junkie to becoming a success story himself, Mike Simmons is here with us today to share how he’s been making 7 figures a year and working just two hours a week! After quitting his toxic day job, Mike shares how he got his start in flipping houses (in the middle of a recession!), made his first million, and built wildly successful businesses in wholesale and lending hard money.
Tune in as Craig and Mike dish out simple but effective points to maximizing your marketing efforts, building multiple businesses from scratch, and automating your entire money-making machine!
[2:55] Pursuing Financial Independence In His 30s
[6:00] How Mike Overcame Five Years of Analysis Paralysis
[7:43] Dealing With Self-Doubt
[9:40] Avoid These Rookie Mistakes!
[11:55] How Mike Managed to Flip Houses Amid the 2008 Recession
[15:05] Escaping the Rat Race Once and for All
[22:35] Are Coaching Programs Worth the Investment?
[29:05] The Tried-And-Tested Secret to Marketing
[34:50] Starting a Hard Money Lending Company
[36:40] Diving Into the Wholesale Business
[38:20] Direct Mail and PPC: Worth It?
[44:53] What Mike Is Doing Now
[46:05] When Is the Best Time to Start Investing?
1. Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
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5. Check out what Mike is currently reading - Swagger: Super Bowls, Brass Balls, and Footballs―A Memoir by Jimmy Johnson and Dave Hyde - https://www.amazon.com/Swagger-Super-Bowls-Footballs_A-Memoir/dp/1668008629
6. Easily manage your properties with www.rentredi.com and use our CODE: INVEST2FI to get 50% off on your first 6 months!
7. Kaplan Real Estate Education - https://www.kapre.com/ and use our CODE - Invest2
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