I'm the Bottle Neck in my Business (1072)

Transcript:

Steven Butala:                   Steve and Jill here.

Jill DeWit:                            Hello.

Steven Butala:                   Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.

Jill DeWit:                            And I'm Jill DeWit, broadcasting from sunny Southern California.

Steven Butala:                   Today Jill and I talk about, I'm the bottleneck in my own business. I have to ask you Jill because this is kind of your title, how did this come about?

Jill DeWit:                            Because I talked to a new member the other day, and that was his whole thing. There were a couple things. He had done like 50 properties in two years, and he's ready to take it to the next level. And he found us through another member, Mark. And then-

Steven Butala:                   You mean another person.

Jill DeWit:                            Or another person, excuse me, not member. Well, kind of. Kind of a member from a long time ago in a roundabout way. Anyway, he found us through another individual, was [inaudible 00:00:45], just kind of got his feet wet. And he's stuck because he's ready to take his business to the next level, that's the whole point here. And one of the things he said to me was there were three problems. And one of them was, "I know I'm my own bottleneck." I'm like, "All right. We can help you. We can get you there." And we talked a bit about that, and here we are talking about it again.

Steven Butala:                   I guess we should leave it for the show because I have a million questions.

Jill DeWit:                            I can answer them. I'll try.

Steven Butala:                   Before we get into the topic, let's take a question, posted by one of our members on the landinvestors.com online community. It's free.

Jill DeWit:                            So new? Why is this new?

Steven Butala:                   It's unnamed.

Jill DeWit:                            Oh, anonymous, so-

Steven Butala:                   He was like, "I'm just horsing around on your site. Seven, seven one, two, exclamation point." So I just chose new member access [crosstalk 00:01:31].

Jill DeWit:                            Okay, got it. Okay, got it. All right. Instead of Bear Wrangler, one, two, three, four.

Steven Butala:                   Yeah, instead of desperately seeking real estate. Six, six, seven.

Jill DeWit:                            Okay, got it. So I know that Stephen Joel make fun of this group sometimes, it's hilarious. But does it make sense to get a real estate license to jump into this kind of investing with the background knowledge help. "I have no experience in real estate transactions and it seems to me from watching the videos on YouTube that transactions can often go sideways and require some level of experience to resolve. Since I haven't purchased yet, I don't know the level of insight to these matters that is provided in the training materials. So I apologize in advance if I'm covering something already covered elsewhere that I couldn't find anything on. Thoughts."

Steven Butala:                   First of all, no need to apologize about asking us questions because-

Jill DeWit:                            That's why it's there.

Steven Butala:                   Yes, we've covered this and we will cover it 22 more times.

Jill DeWit:                            Happy to do.

Steven Butala:                   Like everything and that's fine.

Jill DeWit:                            But I get it.

Steven Butala:                   Jill and I both went to real estate school and neither one of us took the test, or maybe some of us took the test-

Jill DeWit:                            We took the test.

Steven Butala:                   ... but we didn't register and license.

Jill DeWit:                            We took and passed the test all the way.