Jack Thursday - Distractions from Success (LA 1625)

Transcript:

Steven Jack Butala:

Steven and Jill here.

Jill DeWit:

Hello.

Steven Jack 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 the Valley of the Sun.

Steven Jack Butala:

Today is Jack Thursday and I'm going to talk about distractions from your success.

Jill DeWit:

Oh, I bet you have a whole lot to say.

Steven Jack Butala:

What's the biggest distraction that you experience? What's the thing standing in your way? Besides me, standing in your way of being the successful woman I know is inside of you.

Jill DeWit:

Wasting time on deals that are too small.

Steven Jack Butala:

Beautiful answer. Wow, that didn't take long for you to answer.

Jill DeWit:

No, it didn't, because it was perfect timing. I just came in from my desk and I'm looking at-

Steven Jack Butala:

Tell us the story.

Jill DeWit:

I'm looking at deals... Here's the good news, some of these are coming in and I have... My transaction coordinator has been with me long enough now she knows what my answers are going to be. I just wrote her back saying, "Hey, you know what, you're right, this, this, this and this. You know what I'm going to say no to. Please take ownership of that and only loop me in now when we're at this level." Because I'm wasting time going what the heck, I shouldn't even be looking at this. And some of them is like, it's too small a deal and we're not even sure about the access. Why am I even looking at that?

Steven Jack Butala:

My answer is, it's just working on stuff that doesn't yield a dollar.

Jill DeWit:

That too.

Steven Jack Butala:

And so that's, we'll talk about it in a minute, but it's hard to... This show doesn't make any money. It doesn't make a dollar. In fact, it's a total time suck and it's a money suck, but it really works. It really helps people and it converts the right people to becoming Land Academy members where they can make a ton of money for themselves and contribute to the group, so that makes money. It makes everyone money. So there's this balance between, in Jill's case, and I don't want to put words in your mouth, but it's like, should I do this deal that's really small and kind of risky, but I know this person that's submitting it is going to be a superstar. That's what this show's about. Are they distractions or not? We don't know. You just don't want to go down a rabbit hole, that's my point. Right?

Jill DeWit:

Well, I'll tell you another truth time thing. As a matter of fact, I have one deal that I fund. I just got an email from an agent today saying, you might lose money on this one. I'm like, yeah, I'm prepared for that. It's a deal in a county, in California, that I funded for somebody else who realized later on they paid too much for it, and they kind of threw me the keys and ran away and said, oops, sorry, here you go. I made a mistake. It was your money, not mine and then they backed. I'm like, thanks a lot.

Steven Jack Butala:

Threw the keys at you. It's a great visual.

Jill DeWit:

Thank you.

Steven Jack Butala:

I hope our post production guys can do a little-

Jill DeWit:

I throw some keys in there.

Steven Jack Butala:

A little cartoon of throwing keys.

Jill DeWit:

Me with keys bouncing off me.

Steven Jack Butala:

[inaudible 00:02:50], throw some keys in Jill's face. Before we get into it, let's take a question posted by one of our members on thelandinvestors.com online community, it's free. Don't forget to subscribe to the Land Academy YouTube channel and comment on the shows you like. That's correct.

Jill DeWit:

Okay. I'm going to take a guess at how to pronounce this.

Steven Jack Butala:

It's first initial, last name.

Jill DeWit:

Oh, thank you. Okay. So G Corley wrote, I was going to call it Guh Corley, "Hey everybody. I just joined Land Academy two weeks ago and I'm very grateful to be part of this group.