HFHQ 35: A (Baker’s) Dozen Traits of Successful Flippers, Investors and Entrepreneurs

Today you get to climb inside my brain as I share with you a “baker's dozen” of traits that are shared by those who are successful, both in house flipping or any endeavor.  These are the traits that I consistently see in people who are successful, and if you follow these tips, then I have complete faith that you will succeed at whatever you undertake!Have any questions? Just post them in the comments area below! And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?Shout Outs!A shout out to Salem, a member of the House Flipping Mastermind who visited me in Southern California.  He is definitely on fire and is killing it!  I can't wait to see how his business progresses. Thanks for meeting up Salem!Get your FREE Gift!Get on the newsletter!If you aren't on our newsletter, be sure to subscribe.  We have some great giveaways for those who sign up, and you are also on the list to get the latest and best information about House Flipping HQ, including some special information that only goes out to people on the newsletter.We will be taking down a lot of the freebies so get them while you can.  Here is a list of what you can get:Top 6 Methods for Buying Houses in Today's MarketDeal Analysis Techniques to Ensure Killer ProfitProperty Review CriteriaTrustee Sale Secrets RevealedRehab Pricing ListProperty ChecklistSubscribe by clicking here.Learn how to estimate repairs at the next webinar!We will have another House Flipping Webinar on Thursday, April 10, 2014 at 6PM (Pacific)/9PM (Eastern). This time I will be focusing on estimating repairs and sharing tips on this vital skill for new investors.Also, learn more about the “Fail Forward Fast” coaching program and the amazing House Flipping Mastermind group that is doing incredible things.  Click on this link to sign up:houseflippinghq.com/webinarShow NotesIn this episode we cover the top traits of successful house flippers, real estate investors, entrepreneurs and business people.They get EducatedYou need to learn your craft.Sources of Education: podcasts, websites, books, seminars, mentorsThey are FocusedDon't get distracted by shiny objects.They take (MASSIVE) ActionPick a plan, stick with it and go for it!Pick actions that generate income rather than “busy work”You can learn a ton by doing.They Find a Way to make things workDon't be a “yeah but'er”Find what works for you and apply those things that make senseTeach yourself to look for things that will work for you, rather than focus on the things that won't work for you.They Work HardYou have to put in the time and hard work to get successIf you know how to do the work, you can build the right systemThey are DecisiveDon't take too long on the small decisionsDo your due diligence and be smart, but don't sweat the small stuffThey Understand RiskYour job is to minimize and mitigate risk, not to be overcome by fearDon't “what if” yourself to deathThey Accept FailureLook at failure as an opportunity to learn – be grateful for it.Your ability to overcome failure determines your success in businessEvery day put on your “problem solving hat” – make it your job to solve problemsThey Use SystemsFocus on the daily actions that will get you to your goals, but don't focus as much on the goalIf you have systems in place, they will move forward regardless of your motivationThey Use LeverageKnow what your time is worth and leverage the power of other people, capital and systems to help you take actionUtilize other people so that you are free to build your business, instead of have your business run youKnow the highest and best use of your time.  Where should your time be spent?They are ConsistentEach day wake up and get to workMotivation can be a part of your daily life, but consistency breeds successThey Surround themselves with the Right PeopleUtilize the power of a mastermindMastermind groups can be in person, online or on the phoneThey Believe in ThemselvesYou can do it!Believe in yourself beyond what other people say or try to convince you ofMost of the time if you ask someone what they think of something you are doing they will give you a negative responseTweetable QuotesClick a quote to tweet it!“You've got to learn your craft” ~ Justin Williams“There are a million ways to make a million dollars, but if you focus on all of them (or even a few of them) at one time, you're never going to make them happen” ~ Justin Williams“Think less.  Do more.” ~ Justin Williams“Take the action that will generate revenue” ~ Justin Williams“Teach yourself to look for things that will work for you, rather than focus on the things that won't work for you” ~ Justin Williams“Opportunity is missed by most people because it is dressed in overalls and looks like hard work” ~ Thomas Edison“Sometimes you just have to make a decision and move forward” ~ Justin Williams“Doing nothing is guaranteeing you for failure” ~ Justin Williams“Being a successful business person is more about how you react and respond to failures, and how you manage your own internal emotions, than it is just about anything else” ~ Justin Williams“Failure is an opportunity to learn” ~ Justin Williams“Your systems are more important than your goal” ~ Justin Williams“Understand the power of leveraging other people” ~ Justin Williams“Consistent daily actions will trump momentary motivation every time” ~ Justin Williams“If there is someone else who is successful at something, then you can be too” ~ Justin WilliamsTranscriptClick here to Read and Download the Transcript for Episode 35Links and ResourcesThe E-MythThink and Grow RichTony AlvarezIf you’ve found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and leave us a rating (5 stars would be great!) and review so that others who are interested in starting a house flipping business can find us and get in on the good stuff. Click here to leave a review and rating If you have any questions or comments about this show or it’s contents, please post them in the comments area below and I’ll be happy to answer them!The post HFHQ 35: A (Baker's) Dozen Traits of Successful Flippers, Investors and Entrepreneurs appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.