Why Successful People Hide (LA 882)

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

Steven Butala:                   Today, Jill and I talk about why successful people hide.

Jill DeWit:                            This is an interesting topic.

Steven Butala:                   I have to admit, there are some topics that I write for myself. Most of them I write in an attempt to be helpful. This one's for myself.

Jill DeWit:                            Oh, no. All right. You've been warned.

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.

Jill DeWit:                            John P. asks, "Hi, guys. You talked about the $10,000 thing on the weekly call last week. What is it exactly and why would it work for someone like me?"

Steven Butala:                   You want to hear mine first?

Jill DeWit:                            I do.

Steven Butala:                   The $10,000 thing, as what we're calling it, I don't know in the end what it's going to be called, but Joe Martin during one of our live events got this crazy idea that we all in put 10,000 bucks into a bank account and raise whatever, I don't know, 10 or 15 people put in, that ends up being 150 to $200,000.

Jill DeWit:                            Right.

Steven Butala:                   We incorporate. We're all partners on deal. Each of us as deals come up use that money as capital to purchase property and then we just go about our business and resell it like we always would individually. We don't collectively work on mail. We don't collectively work on sales. We just use the dough, and we all have to agree whether or not we want to do the acquisition. It's all via text. When the money ends up at the million dollar mark,