The Science of Flipping - Why Networking is the Key to Success in Real Estate | Ed Mylett, Alex Rodriguez, Kent Clothier

Episode Date: September 13, 2022

The #1 training and coaching system to launch, grow, and scale your investing business!𝐋𝐞𝐚𝐫𝐧 𝐌𝐨𝐫𝐞: http://www.thescienceofflipping.com Become a 𝐓𝐒𝐎𝐅 𝐈𝐍��𝐈𝐃𝐄𝐑 and get access to exclusive training and resources:https://insider.thescienceofflipping.com 𝐈𝐍𝐒𝐈𝐃𝐄𝐑𝐒 𝐆𝐄𝐓 𝐅𝐑𝐄𝐄 𝐀𝐂𝐂𝐄𝐒𝐒 𝐓𝐎: ✔️ Science of Flipping Academy  ✔️ All the systems and software I use in my business✔️ All the tools you need to run your business ✔️ All my Scripts, Contracts, Spreadsheets✔️ Special Discounts✔️ And Much More... 𝐇𝐚𝐯𝐞 𝐚 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧?Get immediately connected with a team member on messenger:http://split.to/tsof-messenger 𝐁𝐞𝐬𝐭 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐅𝐨𝐫 𝐖𝐡𝐨𝐥𝐞𝐬𝐚𝐥𝐞𝐫𝐬✅ 𝐁𝐞𝐬𝐭 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞: http://bit.ly/tsofsoftware✅ 𝐁𝐞𝐬𝐭 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐟𝐨𝐫 𝐃𝐨𝐥𝐥𝐚𝐫𝐬 𝐀𝐩𝐩: http://bit.ly/tsofd4d✅ 𝐁𝐞𝐬𝐭 𝐒𝐤𝐢𝐩 𝐓𝐫𝐚𝐜𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞: http://bit.ly/tsofskiptrace✅ 𝐁𝐞𝐬𝐭 𝐓𝐞𝐱𝐭 𝐁𝐥𝐚𝐬𝐭𝐢𝐧𝐠: http://bit.ly/tsoftext✅ 𝐁𝐞𝐬𝐭 𝐃𝐢𝐫𝐞𝐜𝐭 𝐌𝐚𝐢𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞:: http://bit.ly/tsofmail✅ 𝐁𝐞𝐬𝐭 𝐃𝐚𝐭𝐚 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫: http://bit.ly/tsofdata 𝑾𝒉𝒂𝒕 𝒕𝒉𝒆 𝑷𝒓𝒐𝒔 𝑯𝒂𝒗𝒆 𝑻𝒐 𝑺𝒂𝒚 𝑨𝒃𝒐𝒖𝒕 𝑱𝒖𝒔𝒕𝒊𝒏: “Justin is one of the best trainers in this space. He really gives everything to his tribe.”– Brent Daniels (TTP) “Justin’s ability to connect with people and help them understand what he is teaching, is unparallelled”– Kent Clothier (REWW) “We have been in the trenches flipping homes in Phoenix for over a decade, he is one of the best to do it.”– Sean Terry (Flip2Freedom) 𝐀𝐛𝐨𝐮𝐭 𝐉𝐮𝐬𝐭𝐢𝐧:Justin Colby is the founder of The Science of Flipping Podcast and The Science of Flipping Coaching Program and is an active Real Estate investor having flipped over 1500 homes in multiple markets across the U.S. Justin runs an 8-figure real estate wholesaling business that closes 20+ deals each month in multiple markets across the U.S and has helped 1000s of clients learn how to become successful real estate investors. Justin subscribes to the philosophy of "Wholesaling To Wealth" and is the foundation of his coaching program which teaches you how to get started wholesaling or streamline and scale an existing wholesaling business as well as build long term wealth through wholesaling, flipping, and building a rental portfolio. Subscribe To Justin Colby:http://youtube.com/justincolby View All My Videos:https://www.youtube.com/c/JustinColby/videos  

to maximize. If I can maximize my life each and every day, then that has been a successful day. And if I do that each and every day, then to me, I am a success. But you can't become a success without getting started, moving now, the Science of Flipping podcast. I am your host as always, Justin Colby. And as always, this episode is brought to you by MinutePages.com. If you're a real estate investor that does not have a web presence, you need one right now and there is no better place than MinutePages.com to get yourself representation on the internet with your business saying exactly what you do.

It's all about credibility, influence, and authority. So if you don't have a website, go to minutepages.com to get yours right now. All right, all right. Listen, guys, I just got back from this scale and escape event that my brother Kent Clothier puts on each and every year. And while I had the blessing and fortune to be able to speak on that stage to thousands of people, I actually wanted this episode to be about my big takeaways. Because while many people think as a speaker, I just go there to speak and maybe get paid or whatnot, and then that's it, and I'm out. Well, that's just not the case. And I want to talk to you here about why that's not the case. You see, I am very adamant that

there's one thing that is the most important part of our business and that is going to be your network the people the community and for me to go and be honored enough to be invited to go speak at many of these events and specifically the scale and escape, I am honored and humbled by that. But I take advantage of the time to be around the best in the business, to be around those that can teach me maybe just one thing over the weekend, to be around the community, to be able to give and create impact.

And the thing that I think is really important for me to echo here is I'm actually at the event to learn as well. Now, a lot of times is from the people that are in the green room and the other speakers and we're talking and talking about our businesses and what's working and what's not and what's our speech going to be about and what are we trying to impress upon the people sitting in the audience. And one of the biggest things that I took away and it's something that I've talked about for a long time, but it just, it kind of got reaffirmed, whether it be Kent himself, Ed Milet, you know, Alex Rodriguez.

I mean, everyone essentially was talking about the amount of time we have to do what we're trying to do and to not take time for granted. As someone that has coached, I've coached thousands of people and to continue to coach thousands of people is I really try to impress upon the time that you're utilizing. Well, this is different. It's really about the time we have to create what we want in this life and to create the life that we actually deserve. And why are we waiting or slowing down or not doing it now? And while I've gone on stage and talked a lot about fear over the last year or so, that is absolutely part of it. Fear of failure, fear of being judged.

But the other part is just simply this idea of almost straight fear of success, fear of what actually happens if it works. What happens if I make this money? What do I do with my family? Where would I move? What would happen? How would my life change, right? What would I drive?

Would I be buying a car? Do I need to quit my job? And all these other things that come up in your mind. Well, that's where I want the mindset shift to change. I wanna help impress upon you guys this idea that that is the point of it all, is to change your I want to help impress upon you guys this idea that that is the point of it all, is to change your current situation. Success is defined by many people differently, right? The success I have, the way I define success, is being able to be able to maximize my life

each and every day. And that means business, family, husband, father, friend. To maximize, if I can maximize my life each and every day, then that has been a successful day. And if I do that each and every day, then to me, I am a success. But you can't become a success without getting started, moving now, taking the risk and going for it. And while a lot of us may fear making a mistake, and that is totally common, fear of failure,

there's also many people that are actually just fear of becoming a success. What is my family gonna say? I didn't come from money. Are they gonna judge me? Are they gonna make fun of me because I'm driving nicer cars or wearing nicer clothes or whatever?

So I really encourage you to really take a deep breath, get some separation and really understand that we have one life and that the others don't get to judge or dictate how we live our lives. And there's not much of this life. While at times I say we have a long life and we have a lot of time to build this wealth and to become successful. But on the very same token, on the other side, we don't know what tomorrow brings. And for us to sit here and be caught up in our own confidence that tomorrow is guaranteed, that we can always have another day is just silly, in my opinion. And that was really a really big takeaway, again, from a lot of people, Aaron Wagner, again, Kent Clothier,

and Alex Rodriguez, Ed Milet, Jen Gottlieb impressed upon me this message as well. I mean, it's just incredible. Dan Fleischman, you know, sitting in those rooms and networking with that group of people, it's really crucial that I take away from that in the same way that maybe if you were sitting in those seats, you take away one or two or three things from the speakers. And it really just impresses upon me that how important your community is, how important are the people that you're surrounding yourself by. If you are not going to these events consistently, you need to be. The reason being is there's always a person or people you will meet at these events.

My life was changed by a handful of people that were in the seats. They were not speakers that actually are joining my coaching community, but it's because of the people that they are, that my life was changed. They're really good people. They're really great people. They're people I want to be around that, you know, really made me feel like, man, I'm so glad I'm here to impress upon these individuals, but now they're going to be a part of my life. And that I actually genuinely enjoy, right? Building a community is some of the, you know, proudest things I've ever done. So listen, while I'm on a high,

obviously coming off an incredible event, I want to impress upon two simple things. A, make sure you're focusing on the number one thing and that's going to be your network. Make sure you're surrounding yourself with like-minded people. Make sure you're focusing on the number one thing and that's gonna be your network. Make sure you're surrounding yourself with like-minded people. Make sure you are actively participating in being a part of these crowds.

Go to these events. Network is the number one pillar to success in my actual opinion. Number two, stop taking life for granted. We don't know what tomorrow's gonna bring. There isn't always another day. You need to start building your life today. Whatever you want, that needs to start today. If that's real estate investing and getting going, and you want to reach out to me about coaching,

please do that. Reach out to me. Let me know you have interest in having a conversation. You can direct message me on Instagram, the Justin Colby. You can go to my YouTube channel. By the way, go subscribe to my YouTube channel, youtube.com forward slash Justin Colby. Let me know. Hit me up on Facebook. Reach out to me if you want me to help you start taking an advantage of this real estate market that is so great right now and changing your life for the better. But do not sit here and waste your time. You're not wasting my time. You're wasting your time. Start to take action. Start to build the life that you deserve because it's really imperative because we only get one of these lives and it sure as hell is not practice. So anyways, guys, hopefully you found this somewhat motivational. I appreciate you guys. Love you guys. Again, find me somewhere on social

media. Hit me up if I can help you at all. Make sure you are subscribed to my YouTube channel. Like this video, give me five stars on iTunes, and I'll see you guys on the next podcast episode. Peace.