Fasten your seat belts, because we’re about to jump headlong into another amazing conversation with real estate investor, David Corbaley. We’re talking about the basic structure of your business – are you building a legitimate business? Or is working real estate a hobby for you?
You Must Know…
The important point here is not that one is right and the other wrong. It’s not that at all. The main point we want to emphasize is that you must know what you want. Only then will you be able to do your best in either arena.
In our first awesome session with David, we had a general discussion about the difference between building a business and having a real estate hobby. We discussed how each investor should get honest about answering the question: “Where are you right now?”
And then: “Where do you want to be?” (Make sure you check out that terrific in-depth discussion.)
David Is Laser Specific
After serving in the Army and the elite Special Forces for 10 years, David became a Seattle firefighter. Firefighting was an extraordinary experience for him, but he was really interested in becoming an entrepreneur.
Through hard work and dedication, David now has multiple businesses in different fields including real estate, internet marketing and fitness. He’s now living his dream by having the freedom to be able to express his OWN creativity and get things done the way he wants them done. And thankfully for us, he loves teaching others so they too can overcome the hurdles that he remembers facing.
Because of David’s experiences, he has the ability to really focus in on the topic (or goal) at hand...
So, for his second session, we got more laser specific on the differences between a business and a hobby so that you’re better equipped to answer those questions above and know for sure where you are. Our goal is to open your thinking to the amazing possibilities available to you if you’re interested in building a legitimate business.
Or maybe you already have a business but you have some rough spots that you need to be working on. Hopefully we’ll tune you in to ways in which you can make the operations of your business run smoother.
No matter which it is, you’re bound to get the answers you need – and the direction you need – through this awesome video lesson.
{Mogul Elite: Download a transcript and MP3 of this lesson in the Power Pack tools for this lesson.}
Structure your marketing system to reflect your business structure – business building or hobby.
Create a solid business plan – follow that plan.
Take stock of your daily tasks – have you turned your business into a J-O-B?
Do a mindset check – are limiting belief systems holding you back?
Chime in…
We value your comments and input. Let us know how this series is helping you. Is it an eye-opener? Leave questions and comments below.
David Corbaley
joined the military right out of high school and became a special forces green beret. After 10 years he exited and joined the Seattle fire department. He started his real estate investing career in 2002 and bought his very first property on a lease option. After learning multiple ways to do a deal, like most investors do, he found a serious issue: He kept going broke. He was doing everything the courses said, direct mail, signs, ads and everything else. Same results: Do a deal, get paid, then find himself with little money all over again. Do another deal, get paid, etc. Over and over. The problem was not having leads to fuel his business. No leads or sporadic leads = no/sporadic business.
Finally, he went back to his Commando roots, and approached it from an unconventional standpoint. Then it happened. After 2 years of R&D and testing, he relaunched in 2006 and ended up doing 7 figures that year. It’s cool to have become a sought after marketing master. Companies now seek him out to consult for their business and marketing strategies. He’s known as “The Marketing Commando”, and for good reason: He’s trained thousands of real estate investors and business owners how to turn on the REAL power of marketing in their business.