Epic Real Estate Investing - Why Your Business Isn't Working | Financial Freedom Friday

Episode Date: August 15, 2014

3 reasons why your real estate investing business isn't working as well as you'd like. ------------------------- Download Matt's free real estate investing course "How to Do Deals | No Money Required" at FreeRealEstateInvestingCourse.com or text FreeCourse to 55678 "Click" what interests you most:  Education Properties Income Coaching Learn more about your ad choices. Visit megaphone.fm/adchoices

It's time for Financial Freedom Friday with Matt Terrio. So you've got a system and you're applying it to your real estate investment business, but the hot leads aren't coming in. The deals aren't closing. And most of all, the money isn't hit in the bank account. Look, I can feel your frustration and you're not alone. But the truth of this business is, it works if you work it. You see, the last thing I want you to do.

The last thing I want you to do is give up for the wrong reasons. You know, so many beginning investors, they try one system for a couple weeks. They give up and they move on to the next only to repeat the pattern and never see the success that could be theirs. Don't do that. All right? So let's say you're working the epic system, but it's not producing the way you'd hoped. Well, there are three places that we need to look.

Let's see why. First place, one, are you applying what you've learned? seriously are you are you really and truly applying your knowledge and embarking on the activities as they've been laid out for you be honest with yourself

okay two are you applying what you've learned consistently see consistency is that's the sugar in the cookie it's what makes things turn out well or not you have to take consistent action on the right activities I'm talking four to five days a week

are you doing that all right so number three third place to look have you consistently applied what you're learned have you applied that long enough I mean sure long enough that's a subjective term but but in my free real estate investing course I recommend a minimum of 30 days four to five days a week of consistent action for a minimum of 30 days I mean it's more likely you're going to see results in the 60 to 90 day range but 30 days of consistent and focused action is the absolute minimum Has it been at least 30 days? Four to five days a week for 30 days?

Okay. Now, if you've been doing the right activities consistently for 30 days and you're not seeing results, you've got to pick up the volume. You've just got to feed your lead generation funnel, feed that more, and deals will come out on the other side. And if you're not doing deals, you see, most of the time, it's because you're not generating enough leads. It's just a numbers game. It's the law of averages. It's a universal law.

However, this is where I see the fallout for most of my struggling students. I mean, you may think you've been taking a consistent action on the right things, but if you haven't been keeping your daily success reports, you can't know for sure. Okay? The mind, it's a tricky thing. It can play tricks on us. And if you don't keep track of what you're doing, then you can't look back and see what you've done. I mean, your daily success reports hold you accountable to the right activities.

And if you're not seeing results, your success reports will reveal where the breakdown is. Here's what I mean. For example, you know, maybe you thought you were sending out 10 yellow letters a day, when in reality, last week you skipped three days because life happened. That's 30 letters that didn't go out. That's three to six calls you missed. It adds up. And it adds up quickly.

Conversely, if you don't miss a day, it adds up too. in your favor. So you must keep track. You know, often when a system isn't working, it's not because of the system. It's because of the applier of that system. You know, if this is your situation, it doesn't make you bad, doesn't make you wrong. It actually means you're normal. It's no reason to beat yourself up. But it is time to get real with yourself and just rev up your activities again, your income generating activities. That's all, simple. And you know, and at the one year mark, when you've been doing this consistently, not only will you see success, but you're going to look back and realize how hard it was in the

beginning simply because you were learning and you'll be delighted at how easy it is now. I want you to get there, so don't quit. Stay on course. I promise you it's worth it. If you haven't downloaded my free course yet, you can get a copy at Free real estate investing course.com. There you'll find the complete course, as well as the daily success report that I was talking about. All right? I'm Matt Terrio of Epic Real Estate, and I'll see you next week on another episode of Financial Freedom Friday. This podcast is a part of the

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