Note MBA

031: Terrible Service & The 10,000 Hour Rule


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Challenges are simply opportunities for improvement. Robby has been having a bit of a hard time with communication between a few of his vendors.

As he openly admits we all know these challenges are going to arise, but it is still frustrating when they do. He owns the fact that there is room for him to improve his communication with these same vendors and that may be all the situation needs.

However, there can be a serious financial impact when these challenges lead to delays in your ability to move a deal forward.

With a single loan having the potential for costs to run nearly $1,000 a month, or $30 a day, these delays can mount up over a portfolio. If delays occur on 10 loans a month out of a 50-loan portfolio, you will be costing your business nearly $120,000 a year in lost potential profit.

That is a lot of cheddar.

Chase takes us into a great conversation about being an expert. And how to hack the 10,000 hours everyone says you need to invest to become an expert.

The motivation came from having a good weekend of reading and he dove deep into the book: Black Hole Focus: How Intelligent People Can Create a Powerful Purpose for Their Lives.

Chase goes over the four key areas identified to help you hack your way through the 10,000-hour rule.

Skip ahead to minute 19 and catch the start of this topic.

Check us out on Periscope to catch us recording live and hear what we talk about before the show is released every Wednesday.

Just download the Periscope app, and search for Chase Thompson (ChaseTh) & Robert M Woods (TheRightRobert).

As always send you questions to [email protected].

Listen to this week’s show and learn:
  • We've Kept The Periscope Train Rolling
  • How Challenges Can Be Helpful
  • What To Do When Vendors Aren't Working Out Well
  • How To Hack The 10,000 Hour Rule
  • Why Association Can Be The Number One Key To Your Business
  •  Listening Options:
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    • Thanks for listening to our show! We’ll be back next Wednesday morning.

      Cheers,

      Chase & Robby

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      Note MBABy Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | Li