Entrepreneur Like You

Entrepreneur Like You

By Chance ReynoldsBusiness
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Entrepreneur Like You episodes

  • 113 | Is Controversial Marketing a Good Long Term Strategy for Your Personal Brand?

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    Welcome to the entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    Prevalent in online marketing and just in the online business world in general is something called forced controversy and it's just exactly what it sounds like. Something that needs to be explained. Really. It's just creating controversy just for the sake of controversy. Just to drum up something, uh, some attention for your business. Sometimes it could be a really good idea. Saw, not that I'd necessarily want to get political on this, but I saw somebody talking about how they had a roofing company and in order to run a campaign with every new roof you bought, you know, every time they came to roof to your house, they would give away like a free gun or something. I mean, that's got a crazy thing to do, but of course, like, you know, they got picked up by Fox News, the law, the local news stuff. Uh, interviewed them and asked them why they're doing what they're doing. And really the reason they're doing what they're doing had nothing to do with guns or guns rights or the second amendment or making a statement about anything had to do with just getting their name in the media and it worked. And I'm not suggesting you do something that controversial, controversial because that's a little bit out there, but a controversy can work now where you have to be careful as when controversy is something to do with your personal brand, like you're making a personal statement about something that could

    really tarnish your reputation going into the future. Just so you can run one marketing campaign. So there's a guy follows, name's Jr Reavis, and he's running an ad right now talking about college, kind of the low hanging fruit of a controversy as college now with college worth it. Or is it not? And people that have successful online businesses that have no, I have not gone to college or went to college and dropped out for whatever reason. Like to say that um, college has no benefit for somebody who wants to be in the online world.

    Part of me believes that like you don't need a college degree to do online marketing. If you understand personal branding, there are better ways to spend your money. It's, it's not that the education itself is bad or that getting a degree is bad or the path to getting a degree as bad. All those things were good and they're, they're beneficial for sure for people, but it's the money that the schools are charging. So if you can go to a community college that's, you know, a thousand dollars a semester or something, that's one thing, but if you're having to spend 20 grand a semester, it's probably not worth it. But of course this ad doesn't take any of that into, into account. It's not a thoughtful, a campaign controversial campaign where it's really weighing the risks and benefits. All it's doing is it's forced controversy just saying, look how much money I have.

    I'm waving money around. I never went to college. You shouldn't go to college. So it's actually suggesting to people that they shouldn't get educated, um, through traditional means. Now this is a smart guy for sure. I'm smart marketing. I don't really know if he's smart in any other way. I don't know. I'm not accused saying that he, he is or he isn't. I honestly don't know. I've only heard them talk about marketing and his marketing stuff is good and he has this very successful online business. Um, he has a very successful coach who's kind of taken up as a pet project as well, who courts a lot of controversy and has made millions of dollars off of controversy and his name is Dan Henry and um, he's kind of the master at that. And I almost think that Dan Henry doesn't really intentionally try to be controversial. He just is controversial with his beliefs and he's kind of, don't want to say he's like a dumb guy.

    He's a very good marketer, but he doesn't. He's not a evolved intellectually by any means. And not that you need to be done to do marketing cause he's got a hell of a business. He's got a more successful business than I would ever even want to have. Um, but uh, I actually like him, but I do wonder sometimes whether he's just stating his mind and then on the back end pretending that he's trying to court controversy on purpose or if his, the things he say he said the things he's saying about these topics are just what he actually believes. And um, the things that he believes that he actually believes on these topics are just really, really uninvolved. And it's like, OK, well you're just, are you actually actually happened to believe these controversial things unfortunately for you? Because there are a lot of them are just really uneducated, like takes on things.

    And uh, I don't know. That may be by design. It may just be by personality. It may be due to the fact that he doesn't have any education. Like that's one benefit of getting an education that a lot of these people don't focus on is that you can have a more well rounded discussion on certain topics rather than just being like a forever stuck in a frat bro kind of mentality, which that whole camp is kind of stuck in that area. But great marketers, pretty smart guys in that arena, maybe extremely smart even beyond that, but uh, definitely really forcing up some, some forced controversy when it comes to education and I just wonder in the long run, if that's a good tactic for long-term strategy of credibility because when you're saying you're making these statements that people shouldn't go to college, like just straight up. That's what Jerry was saying, like college is a waste of time and money and a waste of money may be wasted time. I don't know about that. Um, because he basically just says what's a college degree good for to make money. That's all it's for. So it's not thoughtful. It's not as thought out response to whether college

    has any benefit or not. And I guess that's the point of that. Maybe I'm missing the point of a controversy at least I'm sure that's what they would say. And this is the type of reaction exactly that they want because people are talking about it. So I don't know if you're, if you're looking to be controversial, I'd say if you're, if you're building your personal brand using controversy, be careful. If you're doing something like roofing and it's under a company name and you want a courtroom controversy, um, locally to get some attention, I think that's so much smarter and safer way to do it, um, in the long run, but

    just be careful what you do with your personal brand because you're stuck with that. It's like you can come back after you've just said like, college degree should be used as a for holding, you know, picking up your dog shit, which is essentially what Jay says and has not even essentially it's exactly what he says in his, um, his, uh, add that he's running now and then and then come back and say, well, maybe that wasn't so [inaudible] your ag people are like, following this guy, looking up to him. I mean, he's a young guy. So his following is like real young people, I'm sure. But, uh, I don't know. I don't know if that's a good idea to you. GotTa. Be careful with forced controversy. Hey guys, thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. So I'm going to keep it up and I just wanted to say thank you also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc freedom.com/get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and pick that up today.

    9 min
  • 112 | The Results of a Value Post in a FB Group Explained

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    Welcome to entrepreneur like you business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    All right, so yesterday on here I talked about using facebook groups to drum up leads by just providing like tons of value. So I practiced what I preached and I wanna show you the results or tell you the results. Um, OK. So I posted right after I got done with the podcast yesterday, I posted about 21 hours ago. I posted about five paragraphs worth of text about Cs, answering the two most common questions that I see in this real estate group. And they were, what were the questions? Do you need to do need an LLC now? Or do you wait after your first deal? And do you need multiple [inaudible]? So since the nature of real estate business is that you're moving properties, properties can be protected by, sees it kind of in a different way than your business. And it's really great idea that if you're holding properties, rental properties that you put them into [inaudible] because there's a ton of legal liability when it comes to a rental property, meaning, um, slip and falls.

    Like that's what it's just a generic term for somebody getting injured on your piece of property. And if somebody walks on, like in a, in a grocery store, if somebody walks into a grocery store and there's a broken pickle jar and somebody slips in the pickle juice and breaks their arm, they're going to sue the grocery store and maybe even the pickle company, who knows. But you can bet your ass that, that the grocery store has some sort of insurance policy as the first line of defense. And then a, you know, an entity at the state level for the second line of Defense, which would be an LLC. And that's the same thing with the rental property. Like somebody falls down the stairs. If some duplex that you owned doesn't even have to be a tenant, they can sue you, they probably will sue you.

    And you just want to make sure that you have that llc there because that will protect the house that you live in from the lawsuit, have a, somebody's fallen down the stairs and the rental house, meaning they're two separate entities, the rental house that is in its own llc, it's considered it's own business entity and it's not necessarily owned by you, it's owned by a business entity. So that's, that's the whole point. And maybe that doesn't make any sense to someone who doesn't know anything about real estate, but it's pretty cool actually kind of intuitive. Um, and that's a common question that people ask and the group, they're just like, Hey, I'm just getting started. Don't need to know, well see now, or do I just do deals? And like how many [inaudible] do I need? So I answered those questions and it took me all day fielding.

    That's all. That's pretty much what I did with my whole day. So I'm, you know, stating that I believe in the 80 20 principle where eighty percent of my results are coming from 20 percent of my effort and I've kind of reverse engineered how I'm getting most of my deals and it's doing exactly this. I don't mind spending a whole day fielding questions for free for people in a facebook group that's not even mine because I know that eighty percent of my results come from this 20 percent of my efforts and it proved true. Once again, I'm not just fielding people's questions, but actually creating a post in the group. I after I created a gut. So many. So 77 people liked it. And then there are, oh gosh, I don't know, 50 or 60 questions follow up questions that people asked underneath it. So I answered every single question that got asked.

    Some of them I didn't know 100 percent right off. So I had to kind of go back to my books and be like, hmm, that's an interesting situation. Think about it, analyze it so I could give a good answer. So you take your time and do it because it's not like you're wasting time on facebook not working. It's like this is lead generation and if you're generating leads for your business, like what are you doing? Are you, are you really moving your business forward? And um, got some people on the phone, people reached out to call me, have some more people requesting to connect with me on messenger, which is just as good as getting on the phone, almost not quiet, but I'll do a in vmd messenger voice message drop that I've talked about on here a million times and has, uh, led me to sales and it looks like I'm going to make about $800 off one of these deals, um, if not today on Monday.

    And that's the power of, of providing value. When you hear these gurus and people talking about provide value first and then the sales will come next that it's a hundred percent true and don't try to sell. You don't need to sell on your posts. So it's nothing that you're giving away. Value wise is probably that original most of the time if you're giving away something, you're not the first, you're not the biggest innovator. Maybe you have some personal spin on it or some little tweak, but, uh, don't be afraid to give away that stuff to prove how valuable you are because it's competitive and if you can't stand out and show, show a potential client that you have something unique and that you have something valuable and that you, they should choose you over somebody else. That's another thing that gets asked and every time I didn't want these value drops, um, if you do it right, people won't even realize that you sell the thing.

    So they'll just go, hey, should I just go to legal zoom? And it's like, no, you should hire me because I'm providing you with this value. I'm show you that I'm valuable. Then that's basically what I say. I say no, I mean I actually, what I said at this time is I just said if you want some kid to do your llc that doesn't know anything, that's great, but I do this and I do it for the same price as a legal zoom and you have the, you know, the, the peace of mind knowing that an attorney has done your llc and not some kid. And uh, that's true. It's a hundred percent true. I'm not lying about anything in these posts. So that's another important thing. Like, just be honest, like if you don't know something, just say that I don't know, I defer to somebody else.

    Tag somebody that you think might be able to do that, you know, understand that one issue better. Next time you do a value drop, you'll know you'll know the answer. So it's, it's works on several levels like you, you get to show your value, you get to learn what people want to know, you get all the questions. So it's kind of like an ask campaign and then you actually can learn and kind of hone your skills. That's one of the things I like about a lot because I'm on there all day, took by the end of the day, my hands are cramped from answering questions and that really gets me at the top of my game and realizing all the different scenarios that people are in and analyzing them upfront and rousing OK, these are the. This is the best type of structure for them because some people want some really complicated entity structures like they want a holding llc here.

    They want it to be owned by Wyoming Llc and then they need an anonymity and then trusts come in and like how should you use them? And then there's inevitably people who are going to argue with what I say, which is my favorite part of the whole thing. I talked about that yesterday because like some old school real estate coaches came in and just said, forget it all so easy. You just need trust and it's like clear. They don't know what the hell they're talking about and I get to just slay them right there in front of the whole group. Just like, look, you're a snake oil salesmen. You don't know what you're doing, you shouldn't even be doing this, but I don't do it like an asshole like that. I just take them apart, point by point, and then they try to come back and say, well, I knew that, but you don't use [inaudible] [inaudible].

    And then it becomes very clear. They don't know. They just don't know. So they've just, they've just bought some program from a guru that told them to use trusts and they're just like, trusts, trust work, not realizing that trust preside, provides absolutely no asset protection whatsoever and really shouldn't even be used for real estate in this way without, unless it's in conjunction with an LLC. So there's just really no reason, no reason for it. And that's what I laid out. And uh, just destroyed two old timers that are just preying on people and since they're older people, as soon as they know what the hell they're doing and maybe they've done a hundred and 50 to 250 real estate deals, who knows? Maybe they create trust every day and they've worked just fine. But that doesn't mean they're going to continue to work because they don't, that's just not what they're meant for.

    They're meant to help. Um, if you're using it for real estate to help real estate, avoid the probate and estate planning situation, it's an estate planning tool that is not an investment tool. So people need to understand that anyway, that's not really. The point is, it's awesome when people try to argue with me that provides me the biggest platform to, to establish that I'm the authority in that niche for [inaudible]. Like there's just no question and some. But most people agree and some people are like, but, but what about this? And that's not arguing, that's just smart analytical thinking by a smart business person. And I like that too. And I'm like, great question. Here's, here's how that works, or yes, you're right and this is how I like to do it. And you just, you, you can't be afraid to put yourself in a position of authority and just, you know, so you provide value in that at the end.

    You just say like, if there's any questions, please answer them right, right here in this, in this post, in this group. So everyone in the, in the group can get value from it. So you put it on there, you know, don't, don't inbox me about these. Let's ask these upfront so everybody can learn from the questions and of course people are going to inbox you and that's kind of on the backside like what you want people to do and what they should do because you, if you establish yourself as credible in that space, people should want to hire you. And that's, that's just the fact of it. You know, they understand you're in business and your provide something valuable and you give it to them and uh, you know, they want to reciprocate by, by throwing use of business. So anyway, it was a crazy day.

    I wake up to, you know, a lot more comments on there and I'm going to spend, if it takes me all day answering questions again, today I will be a day well spent because it's lead generation. It's like running ads. If you spent all day on facebook ads because that's how you got your leads, uh, you wouldn't feel like you wasted the day and you shouldn't feel like you wasted the day if you're just like responding to comments on, uh, on a value value posts that you make. So anyway, it's Friday. Have a great weekend. I will talk to you guys on Monday.

    Hey guys, thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. So I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc freedom.com/get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom dot [inaudible] slash gets sued and pick that up today.

    Yeah.

    12 min
  • 111 | How Providing Value in Facebook Groups Provides Me With 90% of My Leads.

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    Welcome to the entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    So once again, it's been proven that facebook for me is by far the best way to spend eighty percent of my time and I know that there are all these apps and things that could block facebook from your computer and you know, supposedly help you be become more productive. But if you're in online business, I would say probably you don't want to use those apps because providing value on facebook is one of the ways is the number one way I've gotten my customers. That's not. I'm not talking about running ads. I'm not talking to her about a pushing people over to my website. I'm talking about going into facebook groups were not my facebook groups, but other groups that I'm in. People will ask a question about something and then you just provide a valuable answer to them. My friend, uh, are not really a friend, but I, a pretty close acquaintance of mine who have talked about on here before, does this so well, uh, with affiliate marketing stuff.

    So he just lives basically in the, in the clickfunnels facebook group. And as soon as somebody posts a question in there, he's on it because he knows that software backwards and forwards. And so he can almost provide an answer to any question that somebody asks, especially if it's tech related or, um, a question about how to promote clickfunnels as an affiliate because he's definitely like for real an expert on those things. And, um, I've even seen him help out the tech team and he's, it's just a matter time before he's like big time in that group, uh, you know, like an administrator of that group. But, um, I go into facebook groups, like, uh, this, this past couple weeks I've been focusing more on real estate investment, uh, just for an example of how I do this. So you always hear, you know, provide value free free, valuable information up front and you know, the sales will come on the back end.

    And Man, it's so true when it comes to facebook groups for sure for me because I'll go into like one of these real estate groups in each and every day somebody asks about an LLC, it's literally every single day and as soon as they asked about it a little, see, I will provide them information because in the same way that Katelyn is an expert on understanding how click funnels works and how to run affiliate offers and he can kind of provide any information that is necessary to those people. I'm that way with the little c's and maybe one other person that kind of has a, has a pretty good grasp on the LLC, but most of the time, even if they don't understand it at the level that I do, um, because if there are not a lot of go into these groups, my son's sneezing in the background.

    But a lot of attorneys go into these groups. So sometimes it's a CPA and they have like a 95 percent understanding of it if they're a good CPA and they'll defer the question over to an attorney because that's just generally not where their training is. There's some, I've met some CPAS that are on my same level of understanding, but for the most part in those groups to other people providing LLC information don't know what the hell they're talking about. So I'll provide information. Somebody will ask follow-up questions. Half the people that respond, we'll have something positive to say. The other half will try to argue with me about whether or not it's true, but I kind of like when that happens because I get to show everyone in the group exactly where those people are wrong because I can tell exactly. If somebody is right, I'll say yes, that's exactly right, but if someone is wrong, I'm not just going to let that linger out there.

    I need to correct that. If I want to be the expert in, I really want to provide value to people in the group and so I will correct that information. I will make sure that all the information on there is perfect and of course, you know when you're talking about legal stuff, there's always a couple of different avenues, but there's an easy way to kind of just couch everything that you say as an expert is like in this situation, if you're doing this, this is what you need because you never know what he's doing until you could get them on the phone. So if you do that, your messenger will start blowing up. People will start sending you messages, friend requesting you. I'm requesting at least if they're up for in requesting you, they'll request access to send you messages, which is just the same as being a friend basically better actually, if you had one or the other, you'd rather them message you directly and they'll ask about your prices.

    They'll ask about who you are, where you're located. And that will start up a conversation yesterday. I provided value on one post and that led to three new leads that particularly are going to make me thousands of dollars. So, um, especially when it comes to real estate investors, they need a lot of [inaudible] and I'm just realizing how many they actually need and even if I'm offering a deal that, you know, I'll, I'll set up your first llc for a hundred 97. Then after that I'll do them for 100 bucks and if they set up four or five little sees a year, that's, that's pretty good return on investment for me, especially if they're using my registered agency service which could be, you know, a couple of hundred more dollars per year in perpetuity. So just spending 10, 15 minutes on facebook lead me to being in conversations with people on Messenger and on the telephone.

    And that's generally like how I like to close them and talk to them on the telephone. Um, led to that, taking up my entire day, your strand to reschedule my whole day because I made one value posts in a group that I'm not even an ad administrator have. And uh, it's just such a great way to spend time. And that's one great way. When you hear people say, just provide value, provide value, you've got to provide value. I mean blogging is a good way to do it. Videos is another good way of of providing value, but the best way I've found is going into facebook groups and answering questions that are asked about my specific niche in my specific skills and so whatever your skills are, even if it's flooded, there's some room for you to participate and even if somebody is already answered the question, hop on there and answer to give because maybe that maybe somebody's going to see your answer instead of the other person who's in your niche so that that's how I do it. Get it all the facebook groups that are surrounding that. People are going to have questions about what you offer.

    Look forward to go to the left of the group on a desktop and search for the terms that relate to your niche and then answer everywhere. I don't care if it's six months ago. Somebody asked the question two years ago. Somebody asked the question in that group. Then provide your value and just say, I mean, don't just say like pm me for details, provide the value in the open, just give it away for free, just like you wouldn't know youtube video or something, just make it in a post, take your time, make it thoughtful, but it doesn't have to be perfect, but it has to answer the question and it can't be salesy. Just just provide the value. Don't expect to sell to sell to that person, but just expect that you're going to provide them value and then the sales and the leads will, will come on the back end.

    So that's what I do it. Gosh, it work so well. It's, it's easily by far the, the way I've gotten to know more leads than any sort of adds any, anything else. That's the number one way of doing it. So if you want to check out what I'm doing with real estate investment, go to my youtube channel. I need some subscribers, man. It's really pathetic because I have some good stuff on there and I give a lot of views, um, in the past, but I kind of neglected youtube for a while, but I need to build a backup. So go to LLC, freedom dot [inaudible] slash youtube. Get on there. If you have any questions about [inaudible] or real estate wholesaling or investing, will c's to protect your business and yourself and your personal assets. Email me at chance at LLC, freedom. . Everybody. Have a great day.

    Hey guys. Thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc, freedom dot [inaudible] slash get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and pick that up today. Yeah.

    9 min
  • 110 | How Spicy Foods Inspired Me To Do More Interviews

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    Welcome to the entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way

    and kind of inspired to do more interviews by a show called hot ones on youtube. If you haven't heard of it or you haven't seen it. It's this crazy talk show where the host and the guest is Sam host every week obviously. And the guest is just some different celebrity. I mean it can be ranges from like rappers to actors to musicians, comedians, like all the normal people you would see on any sort of late night talk show. They sit down and then there's like a, an ascending hotness of hot sauces on wings. There's 10 wings and they eat a wing and then like the, the interviewer starts asking questions, showing wing as well. They're just sitting on a table across from each other, like how you'd be just at a restaurant to eat chicken wings and um, they have vegan people and have vegan wings and generally like the same lineup of hot sauces.

    But it's like, you know, progressively it's getting hotter and hotter and hotter and by about fifth or sixth wing, the person is like really struggling. The interviewee is really struggling to actually talk about the topics and they're just trying to say whatever comes off the top of their head and it's pretty ridiculous. It's a ridiculous concept for a talk show, but it works really well because it's so original and it made me realize I'm really putting off interviewing people on my show. Not that I want to interview them while we're eating chicken wings or anything like that. But it would be, it's a good creative way to do a talk show. But uh, for me, just the first step is just booking guests on the show and finding out who these these professionals are that are in areas that I'm not in. And I've done it before.

    I had a whole show that was, that was interview based at least 90 percent interview based. So occasionally I would do lessons on there. Um, and for that show it was that there wasn't really. The stakes weren't that high because I was just interviewing law school students and it was in the relationship for the most part between myself and them. It was still, I was kind of the dominant party. I could control everything that happened on the show because I had already done what they were doing. I was giving advice to them. A lot of times they're asking me for advice a lot of times they're also pretending that they knew more than me, which was kind of annoying as well, but it was just one of those situations where it wasn't like a high stakes interview, but interviewing people's like pretty nerve wracking. Like you don't think about that, but you don't have a lot of control over the situation.

    Like right now, as you and I, as I'm sitting here and I'm, and you're listening, I could, uh, you know, stop this recording started over if I wanted to. It's rarely ever happens that I actually stop and do that, but I have control over what happens and how this interview is perceived. If I'm interviewing somebody else, I don't have that control and it's not that I consciously think about that and I'm like, I need to have control to do the interview. It's just in the back of my mind. It's something that prevents me from doing it because it's harder and I want to put out a podcast every day, but I want to put out the best podcasts that I possibly can and I'm, I'm not. It's not even that I'm starting to think. I know that having at least a couple of interviews, at least one interview a week would be beneficial to me and be beneficial to listeners and be beneficial to bringing in new subscribers to the podcast listeners.

    And it's the key. Like when I had a Ross Christa fully on here, it was almost an immediate impact on my listenership. People started contacting me. I've gotten business off of that. I've, I've set up at least three or four [inaudible] specifically because of people from his audience that reached out to me, um, wasn't directly from his audience, but someone from his audience that saw the podcast reached out to me. And then it's sending their audience over to me. So actually maybe it's a good idea to have that guy on, but uh, just doing interviews like it, it's a great way to meet people for one, learned things, build conversational skills. And I'm, I'm halfway decent interviewing. I mean I've done at least 30 of them so I have that experience so I don't know what the hell is holding me back. It's just I get caught up every day and don't take the, don't take the steps to do it and it's great to do it on facebook live, but it's probably easier to get people to actually just straight up come on a podcast like you just skype with them.

    And record is really super easy to do that. So the technology part isn't standing in my way. Uh, the only thing that's standing in my way is my own. I don't know if it's laziness or fear. I don't know. I'm not going to let it happen anymore. I'm really going to try and get somebody on here before the end of the week or at least set somebody up for next week because people actually contacted me, random people contacted me through email to ask to come on the show, but I don't know who they are. And um, I don't really ever respond to their emails because if I want to do interviews I want to be seeking out very specific people that are doing something that I'm talking about, something that I'm interested in and that I think my audience would be interested in because I'm into just kind of documenting what I do and like for me it would be something like a, anyone really in the online world, but it's like personal development people that reach out to me and I'm like, that's great, but I'm not so interested in that.

    So that's kind of my big goal is to get out of my own way, stop making excuses for why I can't interview people and then just start doing it and take the steps and do it and just man up and get it done. So hopefully talking about that on here will, you know, give me some accountability, hold my feet to the flame a little bit and I will start to interviewing some people that I don't know, that you know, are just random people that are in industries that are interesting to me and that I think will be interesting to you. So if you're listening and you know someone like that or you are someone like that, reach out to me. Chance that LLC freedom. I'm also put up on a youtube video yesterday. Went to my first tax auction. Uh, I talked about that on here yesterday morning before I went.

    Man, it was just like crazy situation was nothing like what I thought it was going to be. Um, and I have a new youtube video about that and also I was going to talk about that on here, but I went ahead and made a youtube video for it instead. So you can go to [inaudible] dot com slash youtube that will redirect you over to my youtube channel. And um, that should be the first video that comes up. But I have a playlist called my day to day wholesale or wholesaling day to day, I can't remember, but it says wholesaling is the only playlist on there that has wholesaling. So check that out. Um, yeah, and if you have any questions about [inaudible], reach out to me at the email that I gave you. So hope everybody's having a great week. Hope you have a great Wednesday and uh, hopefully I'll be back either tomorrow or Friday with some interviews.

    Hey guys, thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to [inaudible] slash get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and pick that up today.

    9 min
  • 109 | Weekly Goals and My New "No Lead Left Behind" Mentality

    Here's How You Can Follow Me everywhere to see how I'm building my businesses!

    ๐Ÿ“ž Schedule A Call With Me - https://llcfreedom.com/calendar ----- ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast ------ Join My FB GROUP: https://llcfreedom.com/group

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    Welcome to entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    Hey guys, sorry I missed the podcast yesterday. It's Tuesday now. Normally I obviously record the podcast five days a week, but yesterday it just didn't happen to. My kid was sick so he came to work with me and that was just never a quiet opportunity throughout that day. Despite being sick, he's extremely aloud, so just didn't happen. Sorry about that. Won't happen again until the next time it happens. So this week my big plans are. I'm going to a tax sale auction today to do some networking. It's I get, I'm not sure if it's called foreclosure Tuesday or auction Tuesday out there. Some name. This foreclosure attorney that's a buddy of mine was a ta told me what they call it. I can't remember, but. So I'm going down there to do some networking. Basically what I'm going to do is just go down and see who's buying houses and pass out my card and let them know, you know, I set up ll c's, um, because they're real estate investors and that I'm going to possibly doing some be doing some wholesaling and uh, that I might possibly be doing some foreclosure attorney.

    So that's another thing that my friend and I discussed possibly in a, in May. We're going to team up and kind of launch a small. It'll mostly be an online from to help people that are in foreclosures because if we're doing a lot of the LLC stuff for real estate investors and we're doing some of the wholesale stuff. I've been talking about, meaning finding people who want to get rid of their homes quickly. And I'm helping them do that by getting their house under contract and signing it over to a buyer that somebody that wants to fix and flip the house or somebody that wants to hold it long term for as a piece of rental property or whatever they want to do with it. Um, we're going to be able to help them. Do that and just another way to service those clients would be do to actually help them possibly renegotiate their, their loans with the bank and you could do that through litigation.

    It's not a terribly complicated process and it's something that we could. It's just a way to not leave people behind that are going to probably be reaching out to us for help. So those are kind of the three angles we're going to take on wholesaling. My a friend who's also a foreclosure attorney and I are thinking about partnering up on that and creating a law firm and then as well as partnering up on some of the real estate deals as well. So we're in. We're in the process of testing that stuff to see if that's gonna work and the first Tuesday of every month here in my county, I think it may be in the whole state of Texas, but definitely my county the first Tuesday of every month is to have auction. They auction off properties that have been foreclosed on by the banks and I think for taxes to.

    I'm not really all that concrete on exactly what's even going to be taking place at the auction, but that's kind of why I want to go because I need to know the process so we be down there here in a few hours and um, that will kind of determine what's happening with me this week. I've, I, I, I definitely have several [inaudible] to set up this week, several new clients this week, so I'll be doing that today. Just woke up to a sale overnight. So that's always really awesome when you can wake up and realize that, you know, somebody that you spoke to yesterday actually closed and that's very nice. So hopefully more of that will be happening this week. Hopefully I will be making some offers on some houses this week. That's kind of one of my big goals is to actually start reaching out to people that are going to potentially want to sell her house house, ask them, you know, tell them I'm an investor in, go out and at least look at some of the houses and I'm trying to kind of do this thing where I make an offer on every house.

    So of course my offer is going to be extremely low compared to what some people want because my goal is to get it really, really low and then turn it over to somebody who's got a fix and flip it because the property's I want to invest in, are going to be kind of like jumped out properties of at least older, older properties where somebody who's been living there for a long time. Maybe there's some renters there that trashed it out. Some situation like that where the either the landlord or the owners just like, I just want to be done with it. So that's what's going on this week. I'm going to try and make an offer on every single house that, uh, I look at to every seller that I talked to, assuming that they want to sell it at something, you know, at least if they're open to negotiating on the price, if they just say no, I want to list it on the mls or real estate agent.

    And that started really, I'm not going to make an offer to those people because that's not going to work. But, uh, those are the plans this week. Hope everybody's having a great week. I will let you know about how the foreclosure auction went. Um, tomorrow. I'm hoping it's not going to be like really sad event where it's like people's houses are getting foreclosed on because that's kind, pretty sad for the people that it's happening to, you know, I don't mean to laugh. I'm just seriously like I don't know what to expect. I don't know if it's going to be people out there like trying to bid against the bank to get their own home. I have no clue. So, uh, I'll let you guys know how it is and hope everybody has a great week. I'll talk to you guys tomorrow.

    Hey guys, thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. So I'm going to keep it up and I just wanted to say thank you all. So if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to [inaudible] freedom.com/get sued. I have a little there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and pick that up today.

    7 min
  • 108 | How I Learn a Ton About Any Topic In A Very Short Time

    Here's How You Can Follow Me everywhere to see how I'm building my businesses!

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    Welcome to the entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way

    lately that I have a knack to really dive in and learn new traits and new business structures and new ways of just understanding how people's businesses are running really. So since I, I evaluate people's businesses to make sure that they're really completely protected. Um, a lot of what I do is doing research to make sure I understand people's businesses and how they operate. So I don't just naturally understand how every business operates. I generally don't know how any business operates until the person comes to me. And most of them are pretty similar. So like I've talked about her before. I set up [inaudible] for drop shipping companies that I've done that like just so many times. I have a really good understanding of how that business works now. Yes, the, the distributors are different for each drop shipper and you know, location is different and the different types of products that they're shipping are going to change what type of liabilities they have, but for most of them it's pretty similar stuff that they need to do that need some liability insurance and they need an LLC and they need to make sure that they're doing certain things with their llc to a keep it active and to make sure that, you know, they're not just making like common mistakes that can get them a get their llc, what's called pierced.

    But anyway, that's not what this podcast is about. I'll geek out and start talking about that stuff and that will become the whole podcast. What I want to talk about is how I learn about these new businesses. So since I set up, I will seize one thing that'll allow people need one when industry that there's an urgent need for lcs is our real estate investments. When people have a rental property or something like that, there's a ton of liability involved in that meeting. Somebody slips and falls down the stairs, out your rental property, they're going to sue you, they're going to sue whoever the owner is of that LLC. And I mean I've that a rental property and the best way to make sure that your other assets like our pr, like your main residence are protected, is to have that piece of rental property protected within an LC.

    And the way to do that is that you just, when you purchased that property purchase, purchase it in the name of the LLC of which you are the member of the LLC. It's pretty simple. Um, it can get complicated if you've already purchased the piece of property outside of the LLC and then you have to move it in. Sometimes your bank get kind of scared about that because they don't understand how that works. But then that's when you have to hire somebody like me to go in and talk to the bank. But, um, that has led me into what I've been super interested in and what I've talked about on the podcast last week, which is wholesaling real estate and just different types of real estate investments. And kind of how pieces of property fall into people's hands for like very little money in what they're doing with the property and why they're doing what they're doing with the property.

    So I just thought I would talk to you about the process of how I can learn a ton and how you can learn a ton. Anyone can do this. This is not like some super skill that I have. Um, it's just, you have to be thirsty to understand something, you have to be driven to understand it. And if you do this you can learn any skill like in a couple of days at least the broad strokes and then you want to go out and find some sort of mentor or something. I definitely think that's a big piece of doing it. But, um, I just straight up go to either the library for public library, which their selection on business books are, is not really that good. So what I prefer to do is just go straight up to barnes and noble, go to the business section. Um, for example, with real estate, there's a whole section in the business section that just talks about, um, for one, there's one that talks about negotiating, which is a big piece of real estate investing is that you're negotiating with sellers and buyers and already kind of know a lot of that.

    So I haven't done as much reading up on negotiating, but I grabbed every single book is about 10, 15 books that talk about real estate investment. I'm talking about, you know, real estate investment for dummies. Robert Kiyosaki, who's like the rich Dad, poor dad, author his, he has a compilation book where it's him on the cover. You might think that he wrote the book, but then every single chapter is written by some different expert in that field. Like there's like attorneys, um, apartment billionaires, you know, like, I think Donald Trump even has a chapter in there and it's kind of like these essays that they write on specific aspects of, of real estate investment. Like if you want to do foreclosures, there's some foreclosure, an expert attorney in their title attorneys. They're in there. So there's, you can just look in the table of contents of all these books and you don't have to read 15 books on real estate investment eventually.

    Maybe you would like to do that, but just to get a grasp of the broad strokes of what the business is, you look at the table of contents of all the books, you see, what the big time similarities are and where your interests are. In my case, it's what are my clients doing and I focus in on those chapters and then I read them in all 15 of the books and really you're spending about an hour and a half to two hours. That's about how long it takes me to do that. And then you've got a pretty good base knowledge of what's happening in that area and yeah. So the Barnes and noble employee is going to be pissed that you're just coming in there and stacking up 15 bucks on a, on a desk, you know, on a table in the coffee shop and then they're going to have to shelve them.

    Yeah. They probably don't like that, but I'm not going to buy 15 books on real estate investment and spend, you know, hundreds of dollars when I don't need 90 percent of what's in those books. So that's what I do to get a really broad sense of, of how to understand whatever topic it is that I'm trying to understand. Generally it's a client issue and generally I don't have any interest in going into that business. Real estate investment just really intrigued me because when I think of real estate investment in the past, I always thought it was something a little more complicated. But looking at it, it's like this is really like pretty easy, pretty much like running an online business. I mean, yes, there's more face to face aspects and you can do it more locally. I mean you don't have to, but um, it's so broad of what you can do with it and it's something that you don't have to probably spend a ton of time doing all the time.

    It's easier to kind of build a business with real estate, I think, than to start a drop shipping a tee shirt company or something. It just is more intriguing to me than that. Like I would rather do this than sell Amazon affiliate stuff. You know what I mean? Like that's just not something I'm really fired up when I see it and when I see people moving houses for five, $10,000 spreads, helping people out. Say somebody just gotten a divorce and they hit the couple, has this piece of property is one out of it because they just got out of this terrible marriage and they just want to be done with it. They don't want to put it on the ammo on the multiple listing service and get a broker and weight possibly a year for the thing to sell. They just want out of it like right then so they can just chop the money up and move on with their lives.

    You can really help people out that way and a lot. Sometimes people look at real estate investing in that sense as you're praying on desperate people. I don't think. Yes, there's an aspect of that and there are people that do that, but I think you're missing the bigger picture of sometimes people just want to be done with their piece of real estate. Are they going to get as much money as they would if they waited a year? Probably not, but sometimes they need the money. Right. Then what if like they have a medical bill and they're just like, I'd rather just get this medical bill paid off where they put a lien on my, on everything. Take me to ruin my credit, you know, so you really can help people. People don't think about the aspects, uh, you know, those scenarios where people just want to be out of there, out of their situation.

    And if you can wholesale something, you could really facilitate a quick exit for them. Like you can put money in their pocket, you can make a little money for your efforts and then whoever's going to buy it on the back end can do whatever the hell they want to do with the piece of property. Who knows what they're gonna do and not, that's fine. But that's how I learn a massive amount of stuff in a very short period of time. I take an hour and a half to two hours. I go down to the Barnes and noble. I stack a bunch of books. I don't care if anybody gets pissed, they probably think I'm crazy. Um, and then I just look at the table of contents of all of the books, see what the commonalities are, and then really research on things that are, that are super common and read those chapters is that easy.

    And then all of a sudden you know a lot about that one topic because you've read the top 15 books that are current on that topic. Of course you don't read the whole book. You're gonna read 15 books on it, sitting right there. You read the relevant parts. This is like where people talk about speed reading and, and um, what's his name? Tai Lopez talks about how he reads one book per day. This is what he does. If you listen to what he says he does, he's like, one of the biggest lies is that you have to read the whole book. He's a hundred percent right. If you're reading a book like this for this purpose, you don't need to read the whole book. You need to read what's relevant for you. Now, do you have you read that whole book? Should you tell people you read that whole book, it doesn't matter.

    All that matters is, did you get the knowledge that you needed from that book? And that's what speed reading is in this sense and that's what it does. So that's how I learn to turn. Go down to your barnes and noble stack up 15, 20 bucks or whatever subject it is that you want to learn on. Learn about business. I mean, this works in self, self help and business mainly. If you're trying to do this with fiction, it won't work. Um, so that, that's my tip of the week. I hope everybody has a great weekend. I will be back next week. Check out my Youtube Youtube Channel at LLC, freedom [inaudible] slash youtube. So you guys next week.

    Hey guys, thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast, so I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc, freedom dot [inaudible] slash get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and picked that up today.

    12 min
  • 107 | How I Repurpose Content

    ๐Ÿ“ž Schedule A Call With Me. https://llcfreedom.com/calendar ----- ๐Ÿ”ˆ Listen To My Podcast - https://llcfreedom.com/podcast ------ Join My FB GROUP: https://llcfreedom.com/group ____

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    Welcome to the entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way to actually only make

    sort of a. This is going to be a podcast and it's going to be a video that's going to go on my youtube channel. So I'm making a push to do a little bit more on youtube. I have to youtube subscribers. I'd like to have like at least a hundred because there's so much good content on there. So I'm going to document a little bit more and put a little more on there and really start moving to as far as video trainings go at least or even vlogs or whatever. Um, I'm going to be putting. Those are a lot more focused on putting those just straight into my facebook group and on my youtube channel and building them out that way. So I'm going to be documenting a lot more, uh, as I'm going through this wholesaling process because I'm really in brand new to it.

    And I really believe in Russell Brunson's, probably not Russell Brunson's, but I learned it from Russell Brunson to a document rather than create. And if I'm helping people build businesses, I've been focusing on online business, but I'm real estate investment stuff doing wholesaling and if you don't know what I'm talking about, you'll just have to go to my youtube channel. freedom.com/youtube. I'm doing that. That stuff is just as legit as having an online business. And I wonder if just kind of show the process of what I'm doing. So as far as video recording and podcasting, you can see if you're watching this video, this is not like an elaborate setup. I'm sitting on a couch in my garage with a lavalier mic plugged directly into my computer. I'm recording it using A. I have a Mac and I use I movie and my dogs are just like walking around in here.

    I mean it's nothing. All that that crazy. And I think this is my 100 and seventh episode, thousands of downloads at this point. So don't hesitate to start a podcast because it's really super duper easy. And um, to, to like repurpose content meaning to use podcast content, video content across a bunch of platforms is not that difficult. So like I'm going to turn this into a video for my youtube channel. I'll probably put it in my facebook group. Um, and it's going to, I'm going to strip the audio off of it and turn it into a podcast. I mean, that's a little bit more elaborate. Excuse me. If anybody's interested, I can help you do that. You can reach out to me a chance at LLC freedom. Com. I can teach you real simply how to use your, your Mac or even your phone to record a pretty high quality podcast.

    I mean, the sound on this isn't perfect. It's not like I'm in a studio, but that's, I don't care about that. I mean as long as it's not like screeching in your ear and you can understand the content, that's what's important to me. So yeah. So I just get up first thing in the morning. Right now it's six, six, 15 in the morning. And normally I record this podcast about this time in the morning, if not earlier, I get up, I turn on my coffee, I feed my dogs, eat out here in the garage in the mornings. Normally they wake me up, I feed them when they're done eating. My coffee is ready. I come out here, I have generally have no idea what I'm going to talk about on the podcast and I think for about 30 seconds to a minute before I start about what I've done over the last day and what I plan on doing and what I'm excited about for the day.

    And then I just map out, you know, how um, what I'm going to talk about on the podcast. So starting a podcast is super-duper easy and it can be really, really helpful for people. So the wholesaling stuff I'm doing right now, creating a youtube playlist for all that is a pretty easy. I'm going to document all that and my son's waking up right now and he's mad because who wants to come say hi, but he knows what I'm doing the podcast to wait a few minutes but go to my youtube channel LLC, freedom.com/youtube and you can figure figuring out what I'm doing with wholesaling. I'm taking, taking down all the steps there, recorded myself doing the cold calls, all that stuff.

    I'm going to a meeting with a buyer this afternoon, so that's what's going on with me today. Going to be documenting a lot more rather than creating, going to be using youtube a lot more instead of using my facebook, my business facebook page and I'm just making a lot more videos that are just quick, simple to the point like here's me doing something you can take from that what you want. Here's an example of how to do it, how not to do it, and then eventually you'll see if I'm successful. So that's what I'm doing this week. Really hope everybody is having a great productive week. Go over to my youtube channel, LLC, freedom.com/youtube. Subscribed for crying out loud, it's an embarrassment that I have to subscribers, so I'll talk to you guys tomorrow.

    Hey guys. Thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast, so I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc, freedom dot [inaudible] slash get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to LLC, freedom [inaudible] slash get sued and pick that up today.

    7 min
  • 106 | How I Do More Targeted Networking (FB LIve)

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    Welcome to entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way.

    Sorry guys, I'm going live from my car today because I'm out busy hitting the road, getting some things done outside of the office for once. I'm trying to be more proactive as far as getting out of the office. I'm actually going to turn this off because it's Kinda loud. I'm getting out of the office, making sure that, you know, I'm, I'm out getting leads in a way that isn't just so standard. So one of the things I did early this morning, so I've watched a training on how to get leads for real estate investment. I think this is kind of see if that works okay. For real estate investment. And it was, it was pretty enlightening because the guy that was talking about it was talking about actually going and hitting the road outside of just networking events and actually going to places like bail bondsmen intend, uh, you know, just striking up a conversation with them going and walking into a real estate office.

    And of course this was about, um, kind of like real estate investment style stuff. But it was enlightening because it's wasn't so much of just the getting on facebook live to network, you know, different methods of online networking and just going to regular networking events. It was actually focused on in person relationship building tactics and how to make sure that you're not just sitting around in your office all the time doing just the standard stuff that everybody's doing. If you're doing the same stuff that everybody else is doing, sometimes that works, sometimes it doesn't. And a lot of times people are doing that because it works. But at the same time it can become extremely saturated when you're doing that. So it's important to kind of try to think outside of the box. And I was really inspired by what I saw in that training.

    Sorry, I'm in the parking lot of my office. I saw. So I look like somebody was walking up to my car. Um, I was really inspired by what I saw in that training because it was so outside of what most people do in the online realm. Most of the, most of the stuff, trainings for online networking or are either pushing that you just go to regular networking events, which a lot of times I feel like it's a lot of people pushing the same products and the same services. And it's kind of counterproductive to do that. You could go to a thousand networking events and not meet one serious businessperson at them. I mean that not every networking events like that, but a lot of times that's what it's like. And that could be a real bummer for me and it makes me just not even want to invest my time it because my time is very important to me.

    And I don't want to spend my time at, uh, doing things with people that I don't feel like are actually going to take action. And a lot of local networking events for entrepreneurs. It's a lot of people that either they don't want to take action, they're scared to take action or they just don't know how to take action and they feel like just going to the networking event itself is a form of taking action. And that I don't like to spend my time doing that. I don't feel like there's a good return on investment for that. And you can meet people that way. It's a good, it's a good way to meet people. But are you meeting the right people? Is it niched down enough to where you're meeting the people that actually need your services and your help? And I struggle with that. But if you actually go out to just randomly dropping into bail bondsmen or this guy.

    I mean, attorneys was one of, one of the things that I suggested for real estate investment. Like for example, going out to probate attorneys offices and just giving them your card and telling them, you know, I may have some people that could use your services. It just an exchange of service, just networking. It's just generally networking, but it's actually doing it in person with someone that's targeted instead of just a hope and a prayer hoping that somebody at the local networking event, um, is the type of person that you want to do business with. So rather than sitting around for two hours or even three hours in some networking events that I've been been to that were the, the range of people is so broad and eclectic and that's good if you're just trying to make a good group of friends. But if you're trying to beep in his car a million times, if you're trying to actually do some targeted networking, it's not a good idea.

    And I think I hadn't actually been able to kind of put together while I wasn't liking those networking events until I heard this guy talk today and realized this is why. Because it's not targeted enough. I'd much rather just reach out directly to the people that I want to network with and um, you know, have a discussion directly with them about how I can help them or how they can help me or how we can have a mutually beneficial relationship so that, that was something that was really inspiring to me. So I'm hitting the road today despite the fact that it's starting to rain right now. But anyway, I just wanted to pop on here just real quick and just have a little bit of have alive today even though it's not like an in depth training or anything like that. That's just kind of, and not necessarily an epiphany, the epiphany that I had today, but just something that if you're in sales and the network of people that you want to build, the relationships that you want to build, build is something that's important to you.

    Then it's really important to make sure that you're networking is very targeted. So take the initiative and create your own networking. Doesn't have to be some event that's created by some third party. You can always just network with the people that you want to network with and that will help your business. I think a lot more than just just a wish and a prayer, you know, a hope and a prayer of meeting someone at the local networking events. That's the local what whatever it is, if it's not targeted, but it's not specific to one type of niche than it might be a waste of your time. Anyway, that's what I'm thinking about today. I will talk to you guys tomorrow. Thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to llc, freedom dot [inaudible] slash gets sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/get sued and picked that up today.

    7 min
  • 105 | Real Estate Investing, Courses, LLCs, and Networking

    Welcome to entrepreneur like you with business attorney and entrepreneur chance reynolds, a daily podcast that brings you the best legal tips, marketing strategies and storytelling tactics that will help you grow your business the right way. Okay, so I guess I'll just do like a quick, a

    rundown of everything that's going on in my business life right now. So llc freedom. The company that I use to help entrepreneurs, mainly online entrepreneurs get set up with that. We'll see. Super cheap is still rolling wrong along still building relationships, building referrals on that. And you don't have sales or are trickling in. It's not like they're pouring in, but sales are happening, which is good. Um, courses. I've been randomly. I told you guys I created an l, a llc course, like a companion course basically for the book that I wrote. The why llc, guide for online entrepreneurs, um, is on Amazon if you want to buy that. It's like a couple. I'm honestly don't even remember what it's for. Say what price is that right now? Maybe two bucks, maybe a dollar. I can't remember. Um, that course has had some people enroll in it.

    I have done zero promotion, I think, um, you, to me the platform that it's on charges maybe like, I don't know, they, they run these huge deep discounts. Um, people are contacting me through that and I'm just remembering now that I never responded to someone who emailed me about that. So that's rolling. I had said I was wanting to create one course per month and I'm with my facebook lives. I've created a course. It's basically three parts that I've been doing, weekly themes. So I did a week where I talked about sales tactics and I had somebody on, I did a week where I did legal compliance and then I did a week where I did storytelling. What I'm going to do is wrap all those videos up into a course, post them up on a, uh, on my, on a website and then just put a membership protection on it.

    So super easy to make a membership page and then I'm going to give that away for free in exchange for an email. And I think I'll probably do that this week as my loud dogs like strolling in here. Um, I'll probably do that this week, so I will have created my February course. Um, I think I revised and said I would do a course every other week, but I'm also doing another mini course for somebody who's helping me do some marketing stuff with El. We'll see freedom. I'm going to create a, just a little course on [inaudible]. I can't off the top of my head, remember what all was going to be in that, but I'm going to try to do that towards the end of the week. That's the LLC business. On top of that I'm doing, I'm learning ton about real estate investment. I don't want to say I've become a real estate investor that I have a real estate investment business because I've done no real estate investing yet to this point, but I'm getting damn close. I'm bree a read a ton and um, found a ton of online guides and stuff, mentors that, uh, I might follow. I met some people in person. I've done some in person networking today. I'm meeting with the guy that I've known since I was in middle school that

    I knew he did some oil and gas stuff and I guess he does have some wholesaling and some real estate investment as well. I'm not exactly sure, but we're, we're going to go to lunch and I think he might be interested in buying a whole lot of properties and if I'm going to be grabbing up a bunch of properties and selling them, he might be, it might, we might have some mutually beneficial interests. I don't know. This is just how real estate works. It's so networky and um, I haven't really, I kind of built my little see business in order to avoid that. But with real estate, I don't know that you can. I don't know if you could avoid it. I'm not sure that I would even want to. This is, it's just a different type of business and I'm actually kind of excited about how it's a lot of it's done face to face because

    I know some people that are in that business. It's less complicated than like an LLC. So for lcs, it doesn't help me to network with other people that understand [inaudible], you know what I mean, like that's not beneficial to either one of us, if they understand it, they just said throwing the ball sees. Um, if they don't then I can help them. So face to face networking it can be beneficial. And I'm probably gonna do some presentations live at like some, you know, call some meetings. I'm put on some little events. Why? Don't know why I can't think of that. Yeah, put on like little training events where I teach people about llcs and especially if I'm moving into real estate, I really want to intertwine that business into my llc business and help people get there, a little cs protected and limit their liability that way.

    Um, but with real estate, I think you don't, it's not so specialized. It's one of the things that I'm not like anybody can do it because there are a lot of moving parts and I think you either have to surround yourself with a great team or learn all the stuff yourself. Uh, I think probably learning everything yourself in the beginning is probably the smartest way to do it. And then you just learn from doing it. It's just transactional. So not every deal is going to be the same and there's a lot of face to face negotiating and every deal is kind of exciting and different and um, it's just a different way of learning. It's not just like reading a book and then following some instructions like [inaudible] llcs are pretty simple. Um, for the most part. It's why you can get them like so dirt cheap when you're talking about just a regular business.

    I'm like, for me, I've just done so many of them. Once you know the basics and you understand like people's structure of online business, it doesn't really get that complicated. Um, real estate can get complicated because a lot of times you're moving stuff into trust and you have to have some capital in order to put money in escrow, um, to show that you're serious to the buyer. And then you have to find a seller. Then you have to have to go get a title attorney, at least in Texas, you have to have a title attorney and in other states you have to have a closing attorney yet to have some sort of middleman that can look at the title, the chain of title on a piece of property and make sure the person selling it actually has rights in that property and there's not some third party that's going to pop in and say, no, I actually own a 25 percent of that house.

    You can't sell it. That's basically what a title company does yesterday. And I'm building out kind of some little Vlog of every thing I'm learning about real estate right now at a llc freedom.com/youtube. I'll start posting that stuff today. I believe I should, it should be today. I got a new intro built by a new video intro built by a freelancer online on Fiverr for five bucks. Um, so hopefully that comes in today. It's like worthy, but if not, I'll still post it because you don't really need a video intro. Um, yesterday I spent all day calling title companies and finding one that, uh, actually fit what I needed and I was so glad I did that because I've found one right off the bat that understood what I did, but they were pretty rude. And then I talked to another one and they were like kind of questioning, you know, acting like I was asking dumb questions.

    I'm sure they are dumb questions, but I don't know the process. So I ask every question that comes into my head to make sure that I'm, you know, dotting all my i's and crossing all my t's. I want to know every single detail down to the last thing because in the end, um, I don't know, maybe I'll be more interested in being a title attorney who knows. I just want to know everything about it. So, uh, I called, you know, every title company basically in Johnson County, which is the county that I'm planning on working in. And uh, finally one called me. I had called them all and left a couple messages and talk to a lot of people and figured out who does what and pretty much everyone said they were capable of doing what I need to need to do with real estate, which just kind of this weird little niche of people that don't use real estate or selling their houses for cash on their own.

    And uh, everything I read said it'd be real hard to find ones. So I made this long list of all these companies and it turned out every single one I talked to who said they would do it, but then the very last one was so helpful. They gave me a contract. They, uh, told me exactly what I needed to do, how to make sure that my contract is assignable. Um, you know, how, how I could use a trust. And they were just like very nice and accommodating and obviously have done these sorts of deals, like a lot of time. So I was super glad I actually made the list and called all the people because that was the last person I talked to you and they actually called me back and almost didn't even answer because I was like, how busy, you know, I've already talked to all these title attorneys, I don't probably don't need to talk to this company.

    And then that was the one that works. So the, I'm trying to get in the mode of answering every phone call because when you're doing real estate investment, so much of it is just phoned based. You're just like probably five playing phone tag a lot apparently is what it seems like. Which is fine. You know, I could answer the phone, it's not a big deal. But uh, today I'm meeting with a potential buyer. So if you more curious about how any of this works. There's a guy I have no affiliation with this guy. His name is Max Maxwell or you can search that on youtube. He has some stuff that I really liked. It's pretty informative about wholesaling. It has, he has playlists on his youtube channel. They're all the way from the complete Newbie to really advanced like live q and a stuff. Um, and that's kind of who I initially learned about it from.

    So he's cool. I'm also going to be building out on my youtube channel as I said, like some vlogs of what I'm doing and showing you exactly how I'm doing what I'm doing and um, that should be coming out today like those cold calls I made to the title companies. I recorded some. I'm going to put those on video as well and just kind of a brief explanation of what wholesaling is. Either way that's a long podcasts.

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    It's a very unfortunate reality that I have to work out this morning. So I'm going to wrap it up, do that and uh, get, get back to doing some llcs, have some llcs to set up today and some real estate investing, little networking with an old buddy of mine and see if would be pretty cool if I could work with work with, you know, some friends that I know that have been doing this for awhile. Uh, some really smart, successful people. So I'm looking forward to that and uh, yeah, I will, I will be back in touch with you guys tomorrow as always, five podcasts a week. Um, go to LLC, freedom.com/group to get in my facebook group. I'm going live exclusively to my facebook group this week. I'm much more often. I did it yesterday, so go check it out. Talk to you yesterday.

    Hey guys. Thank you so much for listening. I really, really appreciate everybody tuning in and all the great feedback I'm getting about the podcast. I'm going to keep it up and I just wanted to say thank you. Also if you want to figure out the three ways that most entrepreneurs are getting themselves sued, you can head over to [inaudible] dot com slash get sued. I have a little freebie there that kind of outlines the three major ways that people are getting sued and how they can easily be avoided. So hop over to llc freedom.com/gets sued and pick that up today. Okay.

    13 min
  • 104 | How to Be Consistent With Your Content Creation

    Hello, I'm Chance Reynolds. Okay, so I've recorded in my life probably well over 300 podcasts I've started and stopped, so tons of kind of little pet projects with podcasts with not a whole lot of, um, expectations that they would blow up in any massive way. Um, first one I did was one with my wife where we just talked about having our kid and just, it was just like a fun way to kind of communicate with each other and communicate about our son and have something that he could listen back to. That was kind of the idea behind that. And that one had a fair amount of listeners, like surprisingly we only probably did less than 50 episodes and I had one with a buddy of mine where we talk to like sports and entertainment and um, it just became like too hard to manage for us to manage our time and we both have families and we just kind of was getting like two Bronchi and it was like particularly going to a possibly hurt our possibilities of getting jobs.

    This was like right after I got barred and he had just started a new job and we were just like, this is, it's okay for us to talk like this when it's just you and I, but recording this is probably not good for our future. So we, we stopped doing that show and um, that one was, we got tons of downloads as well and uh, the most popular one I did that got by far the most downloads of anything was where I interviewed law school students and not just students. I interviewed kind of other professors, um, law school admission specialists, just people surrounding law school. Um, what else? I am randomly, like interviewed some lady who actually contacted me about this. She had been on Oprah Winfrey. She'd had a, like a lifetime movie made about this experience where she went to Mexico and like on some corporate retreat as an attorney and a fell off a horse or something.

    I can't remember exactly when. I think she felt no, a boogie board. She was boogie boarding and broke her neck and like died and they brought her back. She was paralyzed. And just as crazy, crazy story and I'll talk to her for like a couple of hours and I'm actually almost ended up going into business with this. It was a strange thing, but none of that is the point. The point is I've. I've done this podcast for about five months, four or five months. I think it took until after I hit the one hundredth episode for kind of a, a landslide like effect to happen. Like a slippery slope effect to happen with the, I don't know why I'm talking about is 5:00 in the morning, but for momentum to pick up on the podcast, it took a long time. Took 100 episodes where I really saw any results.

    But having done so many podcasts, I know it takes a lot of time. Not like rarely, unless you're starting off with an interview platform where you're interviewing big names and you're interviewing them about things that are kind of really niche. Are you going to be able to just blast off a podcast like in in popularity, even famous people start podcasts where they interview other famous people and those podcasts fail sometimes and that's kind of the most popular platform is the interview platform, so if you're going to start a podcast, you have to think about it as a long term project. It's like blogging. You can't just start blogging and expect people to read your blow. As hard as it is to put out content and to record content or write content, whatever it is you're doing to produce content, people are probably not going to be watching it or listening to it right off the bat.

    Youtube is kind of the exception. I haven't really figured out exactly how to get people to watch my youtube videos yet because mostly what I'm using youtube force like repurposing. I'm not doing any original content there. I'm like re purposing podcast stuff, facebook live stuff, and maybe that stuff just doesn't work well on Youtube. I don't know, but my goal isn't really to build my youtube right now. It's more about to be consistent with this podcast and do more of the facebook live stuff and that's what I've been doing. So with all of that stuff, you have to keep in mind that it takes a long time and you don't know what people want. Um, you may only have some episodes that you spend a lot of time thinking about, a lot of time recording, a lot of time researching what you want to talk about.

    And five people listened to that. Sometimes nobody will like to. People listened to it and you wonder are they even listening to it? And so you kind of, after you do a whole lot, you have a large sample size to say, okay, this is what people, these are the episodes that people liked. These are the topics that kind of got some traction and sometimes just about the way you name your episodes and you just look at that and go, okay, people like how to titles that are more likely to listen to those people. Like, you know, more personal stories. People like, you know, transformational stuff. And I'm, I'm talking about this on here because I recorded a podcast last week because actually a facebook live that I repurposed for a and I had to strip the audio off the facebook live and turned it into a podcast and um, it just got, blew all the other stuff I've ever done out of the water as far as for this podcast and got like several hundred downloads over the weekend.

    I just realized it this morning when I logged on, I was like, Oh shit, this thing actually like got some traction. So you have to give people what they want. If that's what people want to hear, it's just more of the personal stuff. They may have some other outlet to hear all of the tactical guidance or the legal compliance issues, all the other things that I can talk about. And then I do talk about it on here. Maybe some of that stuff's going to take a back seat to more personal stories of transformation. And that drives me to think maybe I'm going to have some interview more interview subjects on here that talk about their personal transformation stories. And it makes sense when you think about, that's what people like to hear. They like to hear stories. We look at the most popular podcasts. That's kind of a theme of a lot of the most popular ones.

    Even the business ones, um, that's just what people like to hear because that's what people go through. Those are the stories that we can all relate to and if you can't relate to it, it can inspire you that someone else went through something. And so that podcast that I did was about how I had gone from essentially being a high school dropout to becoming an attorney to just hold about that journey and all the stupid shit that I did on the way and you know, kind of, it's not like I had to overcome any big obstacle that was like outside of myself. It was overcoming like internal obstacles that I was creating for myself in order to succeed and kind of the steps that I took to do that. So if you didn't hear that episode, people seem to be enjoying that up. So to relating to it in some way.

    So check that out. I think that's episode 103. Um, and maybe [inaudible] I don't know. You'd have to look. I think this one's [inaudible] but I'm not a hundred percent sure either way. The point is that it takes a while for things to start working and you have to be patient and I'm so glad that I don't look. I haven't been looking at the numbers every day. I don't look at my stats sometimes at all. Um, during the week. Maybe I'll take a quick glance at them. I'm uploading, but I don't put any stock into. It doesn't change my motivation of whether when I wake up in the morning, if I'm going to put, if I'm going to record and post a new podcast or not, I just know I'm going to do it and it may be another year. I had originally thought that when I started recording this because I've seen how podcasts from doing so many of them, how long it takes for them to pick up.

    I had stopped doing my law school podcast for six, seven months before it hit like the 10,000 download mark and I'm not even close to 10,000 downloads on this one and I already have 100 episodes and that podcast was not even 40 episodes. I don't think it, it went well over 10,000 downloads, but it was way later and I wasn't promoting it. I wasn't bringing new people on, I wasn't running any ads, I never ran ads to that, like literally never one single ad to that podcast. I'm because I didn't know how to do that at that point. And so it just takes a long time for content to start working. So you have to be patient, you have to be consistent and um, it's not like this podcast is, you know, blowing up the charts and it's going to be up there with like, you know, the Gary v experience or something like that.

    I'm not striving for anything that big at all. Even it's just carving out a little niche for myself. I'm understanding what people want, improving my storytelling capabilities. Those are kind of the purpose of this and over ideas and helping people, providing value, but uh, you have to think about what are, what do people find valuable, not what you think that is valuable to them, what do they want from you? And so I'm going to start gearing my podcast towards giving the people what they want. That's a, you know, something that you should do in business and podcasts and content creation and whatever you're doing, that's the direction to go. Be patient, be consistent, and keep creating content because that content can live on six months from now. When I'm talking about right now, people will be stumbling upon this podcast. There's no doubt in my mind that that will happen because that's just the nature of content creation.

    So stick with it. I'm hope everybody had a great weekend. Hope you have good solid plans on what you want to accomplish this week. If you don't have some, some way of scheduling out, even if you're just doing a side hustle, um, how you're going to spend time on your business every day this week charted out today. That's what you should do at the, you know, on Sunday or at the beginning of the week is make sure that you have something charted out. So have a great week. I'll be checking in tomorrow and uh, go to, um, my facebook group, LLC, freedom.com/group. Get in my group. I'm going to be talking about all this stuff there. So see you there.

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    11 min

About Entrepreneur Like You

From the publisher's feed

My Name is Chance Reynolds and I'm a Small Business Attorney and Entrepreneur. In this show, we'll be talking with entrepreneurs about real problems they deal with behind the scenes. I'll be talkingโ€ฆ