Your Network Is Your Net Worth

August 11, 2020

I'd heard this phrase several times throughout the time I was in mentorship groups. Little did I know that it would make me $60,000 with one conversation.

I was in a pool talking about what I did. There was a guy there who had a double digit plus net worth. As I'm explaining my business he says, "What do you charge for an acquisition fee?" I told him my deals were so small that I didn't fit them in. He said to always work in an acquisition fee. We went over the math and he was right.

I would do two more deals that year with small multifamily and make an additional $60k from that conversation. That's just one example. Surrounding yourself with higher minded business folks makes you better. You never want to be the smartest guy in the room. There is always something to learn.

Newbies reach out looking for someone to give them the shortcut to millions. There is no shortcut. If there was a shortcut that worked it would just be the way. The people that can be helped are those that take action for themselves.

I'm off to Breckenridge for my bi-annual event with my GoBundance team. Have a great rest of your week.

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