All Forum Posts by: William G.

Lol, IM is internet marketing. My first one hundred hours sucked because I tried to figure it out alone. One of my good friends asked a very successful marketer "what part of your business do you hate doing and would it be worth 30% to you if I did it faster and better."

He was told article writing and submission and yes it was worth it. Jim was given six books on the subject and was told if he created ten killer articles he had the job.

He got the job, learned from a master, and blows my very respectable, weekly average out of the water. Literally by a factor of ten.

So I decided not to reinvent the wheel. It worked for one maybe it will work for all?

And Cory re-read my last post. I'm sorry the thirty percent thing is throwing people off. I'm willing to do crap work for free (if I get to see the whole deal through and have all my millions of questions answered.)

Do you split test your marketing? What percentage of your list do you send a test piece to? Is anyone crazy enough to let me take a crack at their control? Free of charge if it's an original piece of copy (I'm not really interested in seeing a PLR course's marketing).

Mike, I've got to say your post made me smile. I heard you, but you are missing my point. I know their is nothing I can do today to be worth 30% of a deal. I know there is probably nothing I can do in six months to be worth 30% of a deal.

This is more in the way of a goal setting exercise. If an experienced investor found some skill worth that much then you can damn well bet I'm going to bust my butt to learn that skill.

I don't want thirty percent of a deal. I want to know what's worth thirty percent of the deal. And look what I've gained buy asking.

I got a breakdown of what an experienced investor thought reasonable in rehab costs. Yes he would of answered that specific question had I asked it, but I didn't know to ask it.

I understand an experienced investor can do everything themselves. They've already done it. I'm trying to learn. To tackle the big problems, the ones that really suck, first.

If someone will tell me what they are I'll read every damn thing I can about them, ask around how people deal with them. Then ask someone experienced for the privilege of doing the the part they hate for them so I can get really good at it.

Once I'm to that point I'll ask around and see what others are willing to pay for me doing it on their deals (I get it won't be that much I netted $3.32 for my first one hundred hours of work in IM and now I'm twenty three, drive a lexus and have no mortgage).

It's my action plan to my first deal
-Learn the crap bits
-Get really good at the crap bits outsourcing them for free from the experienced investors.
-Offer to outsource the crap bits from really experienced investor for some small amount of money (because I know myself and nothing motivates me like getting paid for my work)
-While working their crap bits have the amazing opportunity to be on the inside of actual deals while actually making some money (or magic green motivation paper) and not risking everything I've worked really hard for before I can legitimately say I can do this.
-Then, when I feel ready go for my first deal

I'm asking where the trenches are. So I can wade through them.

Seven Habits Of Highly Effective People - Stephen Covey

Max Money- Gary Halbert

Scientific Advertising- Clause Hopkins

The Five Love Languages: How to Express Heartfelt Commitment to Your Mate- Gary Chapman

This thread has lead me to the conclusion my library is woefully understocked. Inter-library loan here I come. Also ANYONE at all interested in learning to write amazing copy should read the middle two.

Fortune favors the bold, the honest, and functional madmen. I might be all three.

Pretend like this isn't a sales pitch. It isn't. I'm not going to turn around and ask you for 30% if you name a service.

I don't really want 30% of your deal (that's a bald faced lie I'll take it the second you offer) and I'm certainly not going to ask for it unless I can offer a service that gives value.

At the moment I can't. I don't know enough about your wants or the needs of your business. The fastest way I know to learn is to ask. You all know this field so being upfront keeps me from looking foolish.

If there was service you'd pay that kind of money for then most of you would happily a monthly flat rate. Especially after I gave my services away to five of you and got excellent reviews. If I can't give that value I'm not going to ask for anything. Once I can give value I'll sell it for less and you'll be my customer for life.

Not to be rude, but "nothing" replies aren't helpful. If you don't think you'd give up a % of your profits for anything then answer this question:

In what part of your business do you most feel like you are wasting time and money?

Leverage.

If contracting out work for 30% of your profit allowed you to close twice as many deals it is a no brainer.

What % of their profit do rehabbers give construction crews? I'm sure it's not insignificant. But it is money well spent. It gets the job done faster and better than the rehabber could do it themselves.

No one is good at everything, and the things we are least skilled at we usually take the longest to do, and enjoy doing the least. By partnering with people who are strong where we are weak we can accomplish so much more than we could alone.

I was intentionally creating a headline that had "nothing" gut reaction, so I'll put this another way.

Another investor, one you haven't worked with personally but you've heard good things about, comes to you offering a joint venture where all profits will be split 70/30. What is he bringing to the table that makes you want to say yes to his proposal?

It sounds ridiculous I know, but I'm dead serious. I know almost nothing about real estate, I live in the only home I've ever bought and before that the only property I've ever rented.

But I know business, and I can write copy that sells. The key to both is knowing what service clients find to be of value at what price point.

So I'm cutting out the BS and using the best research strategy I know. Asking. If you had three wishes that could be granted on your next deal what would they be? Other than funding your deal, what would I have to do to be worth 30% of your profits?

If I brought you a motivated, seller would that be enough? How about if I could get you a buyer in a week? Would you shell out if I could cut your rehabbing costs by 10 percent? Twenty?

Thanks,
Will

I know a guy who can do you a professional logo for $40 bucks. He's got a great portfolio PM me if you want his e-mail address.