Mitch Stephen is a real estate investor, educator, and author of three books. I love his book entitled “My Life & 1,000 Houses: Failing Forward to Financial Freedom.” The term ‘failing forward’ is so true for all of us! We learn the most from our failures. We figure out what not to do, what doesn’t work for us personally, and how to do it better the next time. We are all striving to find our niche, the right track that will lead us to success. Mitch made an excellent point – so many people try to master every angle of this business from farms, to investments, to commercial real estate, or residential real estate, but you can’t have your hand in that many pots and expect not to get burned. You are much more likely to succeed if you find that ONE strategy that works the best for you, learn everything you can about it, and hit the ground the running.
For Mitch, that niche was owner financing. He shared his journey of failing as a landlord, but discovering the value and profit behind owner financing. He took a strategy he knew he liked and wanted to master, investedin a professional that was already succeeding at it, and learned everything he could so that he too could find success within his chosen niche.
There is always going to be someone that knows more than you or has already done what you are trying so desperately to accomplish. Instead of envying them, USE them! Take advantage of their knowledge! Invest in yourself by investing in them. Pay someone to help guide you. We are so busy trying to master every area of this business that we lose sight of the value of investing in our own strengths. Find out how to be like Mitch and chose a strategy, master it, and watch your business soar. It’s easier than you think. Take a listen and find out for yourself.
Show Features
Here are some of the key takeaways you get from this episode.
Show Links
No Cold Calls, Just Clicks: Unconventional Path to $1.1 Million in Real Estate | Levi Lascsak Episode
Tiny Tweaks, Big Wins: The 1% Secret to Real Estate Triumph | Katey Dallosto Episode
Inside the Fast Lane of Real Estate Excellence | Jay Friedman Episode
Addicted to Growth | Joey Crespillo Episode
The Heart of Real Estate Leadership and Connection | Elizabeth Riley Episode
A Journey to Joy, Purpose, and Prosperity | Kelly Resendez Episode
Exploring the Future of Digital Property Marketing | Brad Filliponi Episode
Gogo-Getter: The Multipassionate Real Estate Entrepreneur | Gogo Bethke Episode
The Psychology of Real Estate | Cindi Blackwood Episode
The Referral Ripple Effect: Boost Your Business Exponentially | Michael Maher Episode
Why Boring Wins and How to Win Without Being Bored | James Becker Episode
You’re Richer Than You Thought | John David Mann Episode
From Open Houses to Worldwide Rankings | Nicole Solari Episode
Balancing Motherhood, Work, and Real Estate | Alisha Woodward Episode
Surviving the Storm | Asher Bell Episode
From Foster Care to Real Estate Success | Mitzi De La Cruz Episode
Real Estate and the Rock ’n’ Roll Connection | Paul Indrigo Episode
Real Estate Rookie to Rockstar | Rob Tucker Episode
Veteran to Superstar Real Estate Agent | Scott Moeller Episode
Navigating Real Estate’s Next Frontier with eXp | Cliff Freeman Episode
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