Jill Friday - How to be an Effective Entrepreneur (LA 1558)

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 pretty Phoenix, Arizona.

Steven Butala:

Today is Jill Friday. How to be an effective Entrepreneur. I was going to say infectious, because you're like an infectious entrepreneur. And that's a compliment. Huge compliment.

Jill DeWit:

That's Great. But do you know with COVID [inaudible 00:00:26], you can't throw infectious around.

Steven Butala:

Yeah, that's probably not [inaudible 00:00:31].

Jill DeWit:

Exactly. Two years ago. We all get it. Now, not so much.

Steven Butala:

Before we get into it. Let's take a question posted by one of our members on the landinvestors.com online community. It's free. If you're already a member, please join us on discord.

Jill DeWit:

All right. So Laurie wrote, "Success stories." I like this, I saw this the other day. Okay. Laurie wrote, "Success stories are too few and I'm posting this one on request. Bought 20 acres with a falling down house and a ton of trash for $70,000, sold in less than a week for $165,000 to the neighbor. I funded this for a partner who's negotiating and set a selling wizard and made it possible. We had to work through an attorney for several months to finalize probate and to get the property redated. Seller knew nothing about probate. Didn't even know she had to go through probate or to facilitate with two attorneys involved.

Jill DeWit:

Was a headache of a deal. But at the end, the seller was so incredibly grateful to have the money and the neighbors were thrilled to get the property cheap. My deal partner, and I were both delighted to make that much and sell so fast. And he wasn't even a bit upset to get a wire for $53,000. And the attorney was happy with the flowers we sent her and she sent a picture of them in her conference room. And a love you guys email. That's five people that were very happy from one deal made possible by Land Academy."

Steven Butala:

So I put this in the script on this episode because Jill's going to ... This is happy Jill. And because yesterday ...

Jill DeWit:

It was crappy Jack. Happy Jill, crappy Jack.

Steven Butala:

This experience, I believe represents the vast majority of what goes on Land Academy.

Jill DeWit:

Today's topic Jill Friday. How to be an effective entrepreneur. This is the meat of the show. For helping each other out this week. Sometimes we fall a little behind. Sometimes we lose our train of thought. Sometimes we're just, who knows what is going on.

Steven Butala:

Broadcasting to you from our personal job site.

Jill DeWit:

Here we go.

Steven Butala:

Construction site.

Jill DeWit:

There is that too. Yes, we are recording around different projects. So it's okay. So here's the deal. I find there's a lot of people that hit a certain level in their company, and it's usually deal flow and money combined. And they're like, "I know how to make 50, 75, a hundred thousand dollars a month seriously, but I can't get past that level of right now. I'm doing bigger deals. I'm answering the phone as best I can. I love my job. I'm not sleeping. I don't know what to do now. I'm trying to get past this hump. And so I want to help you be an effective entrepreneur. Guess what the problem is. It's you.

Steven Butala:

Maybe this is a rant today. Jill's rant. [crosstalk 00:03:42] maybe it's narcissistic view.

Jill DeWit:

You saw that coming right?

Steven Butala:

No.

Jill DeWit:

[inaudible 00:03:54]. I thought you would agree with me, but that's really it. It's you, okay. You've got-

Steven Butala:

I want to get in on this now.

Jill DeWit:

Why is it you? Because you are holding yourself back. You need to step aside. You need to hire, you need to let some self ... You need to let some things go. You've got to force the growth and I get it.