08.06.2019 - By BiggerPockets
What are you doing that you're not good at and/or don't like doing? Fire yourself—seriously!
This episode is about delegating and systemizing, and who better to learn from than a serial entrepreneur who’s been tearing it up in real estate in recent years?
Max Maxwell is a wholesaler, meaning he finds deeply discounted deals, ties them up under contract, then assigns them to an end buyer for a fee. Today Max tells us about his journey, from discovering he was dyslexic to joining the Air Force (“getting shot at for $20K/year”) to going broke (twice!). After all that, Max shares how he ultimately enrolled in “YouTube University” to learn the art of wholesaling.
You’ll love the story of how Max’s business really took off when he delegated a weakness (data collection) and instead doubled down on his strengths (marketing and sales). Max also walks us through how to hire an overseas virtual assistant and how his first “V.A.” came to hire other team members once he began to scale up. He goes on to break down the structure of his business and reveal which marketing techniques brought in his juiciest deals.
Max runs through his dos and don’ts for building a personal brand, as well as describes how he’s been able to build four businesses based on his wholesaling! Plus, if you know anything about Max, you know he’s a smooth negotiator. So, we asked him which skills are most crucial when developing rapport or closing a deal.
Whether you’re in the real estate business or not, this episode is full of actionable advice for getting out of your own way and designing a well-oiled machine that works for you. So, don’t miss this one, AND don’t forget to subscribe, rate, and review the podcast on your favorite app!
In This Episode We Cover:
Why dyslexics often excel in business
Transitioning from the military to marketing to real estate
Structuring a real estate wholesaling business
Hiring and managing a virtual assistant
Building a personal, rather than a corporate brand
Active (highly taxed) income vs. passive income
Why “fake it ‘til you make it” is often misunderstood
The meaning of his motto, “You’re one deal away”
Finding purpose by building wealth for future generations
And SO much more!
Links from the Show
BiggerPockets
BiggerPockets Podcast
Upwork
Gary Vaynerchuk on Finding Deals Through Social Media & Crushing It as an Entrepreneur
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