In this week's episode of The New 1% Podcast, Timmy Douglas updates us on his journey to the New 1%. 

**Reel:**

Timmy starts by discussing the week's focus, including website revamping and content creation.

**Building the Core 100:**

Timmy introduces an exciting initiative, the Core 100. This group is committed to weekly actions helping them buy a business within 12-24 months. Timmy highlights free courses and resources available to members.

**Free Courses and Resources:**

Timmy lists valuable free courses and resources, such as a Community Investing Course and access to business buyer lists.

**The Hunt for Properties:**

Timmy shares his progress in searching for properties, mentioning conversations with a broker and considering a multifamily portfolio in San Antonio. He clarifies the structure of the Private Money partnership, which will fund property acquisitions.

This episode gives insights into Timmy's evolving strategy and the growth of his community of aspiring business buyers.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas unveils an ingenious plan to accumulate $4 million in real estate within just four years by partnering with three friends and optimizing your rent expenses.

Reel: Timmy introduces the episode, emphasizing an innovative strategy for fast-tracking real estate ownership and achieving financial freedom.

Segment 1 - The Quadruplex Investment Strategy: Timmy outlines the initial step of the plan, partnering with three friends, and obtaining an FHA loan for a quadruplex property.

Segment 2 - Financial Breakdown: Timmy discusses the financial aspects of the strategy, breaking down the monthly payment requirements and emphasizing the importance of financial reserves.

Podcast - Segment 3 - Rent Optimization: Timmy delves into the crucial aspect of rent optimization, explaining how occupants can split the monthly payment and how to rent out remaining bedrooms or units.

Podcast - Segment 4 - Execution and Benefits: Timmy explores executing the strategy year after year, with each friend acquiring their own FHA loan, leading to growing real estate assets that pay for themselves and offer a pathway to financial freedom.

Podcast - Segment 5 - Addressing Common Questions: Timmy answers common questions and concerns from listeners, including how to live with roommates in tight quarters, how to source tenants and manage the property, and ways to secure the initial down payment.

By the end of this episode, Timmy provides a concise roadmap for aspiring real estate investors to leverage partnerships and a strategic approach to rapidly build wealth through property ownership.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas discusses why prioritizing people over profit is the key to long-term success. Timmy presents three compelling reasons that underscore the value of investing in people.

Reel: Timmy introduces the episode by emphasizing the importance of choosing to invest in people over profits.

Segment 1 - People as the Golden Goose: Timmy explains that people are the "Golden Goose" of any endeavor because scaling alone is impossible. Success relies on building relationships and collaboration.

Segment 2 - Trust and Goodwill vs. Dollars: Timmy explores how trust and goodwill are more valuable than dollars since money ultimately comes from people's pockets. Positive relationships and reputation lead to lasting success.

Podcast - Segment 3 - Profit as a Means to an End: Timmy discusses profit as a means to an end, which always involves people. By investing in people, businesses naturally attract profit.

Podcast - Segment 4 - How to Invest in People: Timmy provides practical insights into investing in people effectively, including breaking limiting beliefs, skill development, character nurturing, and casting a vision that includes others.

By the end of the episode, Timmy encourages listeners to prioritize people, recognizing that by doing so, not only do profits follow, but they become a natural result of meaningful relationships and positive contributions.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas explores the unique story of Chuck Feeney, a billionaire with a goal to die broke. Chuck's wealth was built on tax-free luxury goods sales in airports. Timmy delves into Chuck's approach to wealth and giving, urging listeners to measure their lives by their impact.

Reel: Timmy introduces the episode by highlighting Chuck Feeney's extraordinary journey from wealth accumulation to giving it all away, focusing on the concept of dying broke.

Segment 1 - Chuck Feeney's Wealth Strategy: Timmy explains how Chuck Feeney's innovative approach involved tax reduction through Duty Free Shopping and providing travelers with luxury goods. Despite amassing $8 billion, Chuck's ultimate goal was to give it all away.

Segment 2 - The Power of Giving: Timmy discusses how Chuck Feeney directed most of his wealth towards education and accelerated the efforts of others to make a positive impact. He emphasizes the idea that life may be limited, but our potential to create an unlimited impact is boundless, inspired by Chuck's example.

Podcast - Segment 3 - Making an Unlimited Impact: Timmy explores Chuck's "Riches in the Niches" strategy, focusing on airport luxury goods stores that generated billions. He emphasizes that speed to impact is more critical than financial resources, encouraging listeners to build communities that accelerate positive change.

Podcast - Segment 4 - Start Giving Now: Timmy motivates listeners to initiate giving with their energy, time, ideas, and money. He shares a personal story about his journey into sober living, highlighting the idea that giving can commence at any moment.

By sharing Chuck Feeney's remarkable story and insights, Timmy inspires listeners to embrace the concept of dying broke and focus on creating an unlimited impact through their actions and contributions.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas presents a concise blueprint for acquiring a business generating $446,000 in annual profit with an investment of only $135,000 in just 4-6 months.

Reel: Timmy introduces the episode by highlighting the incredible opportunity to purchase a profitable business with a relatively small investment.

Segment 1 - Scour Bizbuysell.com: Timmy advises visiting Bizbuysell.com and searching for a commercial landscaping company in Harris County. He stresses the importance of examining client diversity and questioning the business's growth limitations.

Segment 2 - Embrace Simplicity and a Team: Timmy discusses the value of a simple business model and an existing team, both of which contribute to potential success.

Segment 3 - Assemble Your Underwriting Team: Timmy emphasizes networking and collaborating with professionals such as accountants, lawyers, and equity partners to aid in the underwriting process.

Segment 4 - Seal the Deal: Timmy encourages listeners to purchase the business, anticipating profit while gaining valuable experience.

Podcast - Segment 5 - Key Considerations: Timmy explores the significance of a diverse client base and delves into the business's culture, accompanied by an Oppdrive story illustrating effective work incentives.

Podcast - Segment 6 - The Value of Simplicity and a Strong Team: Timmy elaborates on the benefits of a well-functioning team and managing a simple business.

Podcast - Segment 7 - Networking Insights: Timmy offers valuable networking tips, including connecting with professionals on LinkedIn and seeking resources for self-education, illustrated with a personal story.

By following these steps and Timmy's insights, listeners can swiftly acquire a profitable business, turning a $135,000 investment into substantial annual profit within a few months.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas unveils three potent strategies inspired by Alex Hormozi, helping you emulate the top .1% of advertisers without delay.

Reel: Timmy introduces the episode by highlighting the unique approach of the top .1% advertisers, as discovered by Alex Hormozi.

Segment 1 - Create Content: Timmy explains the first strategy: creating content. He simplifies the process, guiding listeners to pick a topic, identify subtopics, and offer solutions to problems, laying the foundation for compelling ads.

Segment 2 - Isolate and Optimize: Timmy delves into the second strategy, focusing on isolating and optimizing your best-performing content after producing 100 pieces. He stresses the importance of recognizing what works.

Segment 3 - 11X Your Creative: Timmy reveals the third strategy—changing the hook of your best-performing content 11 times and reposting it regularly. He highlights the impact of variations in your content's presentation.

Podcast - Segment 4 - Brainstorming and Time Management: Timmy shares insights on brainstorming, time management, and content consistency, offering practical tips for efficiency.

Podcast - Segment 5 - Effective Surveys: Timmy discusses surveys for audience insights and shares practical survey tips, referencing Alex Hormozi's successful survey experience.

By implementing these strategies and Timmy's actionable advice, you can enhance your advertising efforts and mirror the success of the top .1% advertisers.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas shares a concise plan for aspiring acquisition entrepreneurs to initiate conversations with potential sellers before 2023.

Reel: Timmy introduces the urgency of the opportunity and outlines the three key steps to connect with sellers in the coming months.

Segment 1 - Define Your Acquisition Statement: Timmy emphasizes crafting a clear acquisition statement, specifying the type of business, location, and key criteria.

Segment 2 - Source the List: Timmy recommends using local public library resources, like AtoZ databases, to compile a list of potential sellers.

Segment 3 - Initiate Conversations: Timmy shares a templated email for reaching out to potential sellers, focusing on personalization and a compelling message.

Podcast - Segment 4 - Overcoming Challenges: Timmy addresses challenges like a lack of responses and suggests a broader approach to achieve meaningful conversations.

Podcast - Segment 5 - Achieving Excellence: Timmy offers advice on daily improvement actions and eliminating distractions to attain excellence.

By following these steps and Timmy's insights, aspiring acquisition entrepreneurs can confidently connect with sellers and advance their acquisition goals before 2023.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas shares the exciting pivot the podcast is making, focusing on acquisition entrepreneurs and their mission to create impact through buying, selling, and operating assets.

Reel: Timmy introduces the podcast's new direction, centered on impact rather than wealth, and announces their venture into asset ownership, particularly sober living homes in Austin.

Segment 1 - The New 1% Defined: Timmy discusses the cultural shift behind the New 1% movement and his commitment to practical impact, sharing his journey of making a real difference.

Podcast - Segment 2 - Practical Impact in Sober Living: Timmy explains the process of sourcing tenants for their sober living homes by collaborating with organizations, sober living operators, rehab centers, and detox centers.

Podcast - Segment 3 - The Vision for Sober Living Impact: Timmy outlines the vision for impact in the sober living community, focusing on exercise, accountability, and entrepreneurial skills to facilitate recovery and positive change.

Join Timmy on this exciting journey towards the New 1%, where impact takes center stage, and stay tuned for more inspiring stories and insights.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas unveils three innovative ways to launch your home services business by harnessing the power of community investment. Timmy presents practical approaches to ignite momentum and drive success collectively.

Reel: Timmy introduces the concept of community investment as a catalyst for your home services business. He outlines three distinct methods designed to kickstart your journey.

Segment 1 - Direct Mail Marketing: Timmy explains how to use direct mail effectively. Form a group of 10, pool $200 per month, and send 3,000 direct mail pieces. Anticipate a 1% response rate and close 20% of leads. This strategy can yield six clients, generating revenue, provided your service can absorb the cost. Start by offering the service for free to gather testimonials and reviews.

Segment 2 - Door-Knocking Blitz: Timmy encourages organizing a community door-knocking campaign on Saturdays and select weekdays. Offer your services for free to homeowners in your target area, yielding immediate results.

Segment 3 - Leveraging Your Network: Timmy highlights the power of reaching out to your contacts via phone and social media, offering your services for free. Use Hormozi's rule of 100 for 100 days with your community's support.

Podcast - Segment 4 - Building Momentum Through Community Investment: Timmy emphasizes how shared resources and pooled capital can provide leverage. He shares a personal story of collective sacrifice, underlining the strength of community action.

This episode empowers aspiring home services entrepreneurs to leverage community investment and propel their businesses forward, demonstrating how a united community effort can achieve remarkable results.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE

In this episode of The New 1% Podcast, Timmy Douglas reveals the impact of undervaluing employee salaries using the story of Michael, a young and ambitious worker.

Reel: Timmy introduces Michael, an energetic go-getter who initially earned $45,000, received a 22% raise to $55,000, and then requested $60,000. However, the raise was tied to performance metrics, leading to unexpected consequences.

Segment 1 - Employee Value Recognition: Timmy explores Michael's perspective, emphasizing that his extra efforts were valued at only $10,000, which negated the relational equity he had built. This approach dampened the celebration of his raise.

Segment 2 - Maximizing Employee Potential: Timmy suggests going beyond expectations to inspire employees like Michael. He advises understanding their true worth and setting a path toward substantial salary increases.

Podcast - Segment 3 - Assessing Employee Impact: Timmy stresses the importance of measuring how daily tasks contribute to business revenue. He shares a real estate story as an example. Timmy also encourages employers to inquire about employees' dreams and goals and discusses revenue sharing among all employees to foster a sense of partnership.

This episode highlights the significance of recognizing and rewarding employees' true value, fostering a culture of shared success and maximizing business potential.

Join The New 1% soft launch team at workwithtimmydouglas.com

If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE