You can pick and choose who you do business with by this one simple tweak explained in this following video. Direct YouTube link is here.
June 2009 Archives
The dark side of being a money Jedi and a simple solution to the curse that we have hanging on our entrepreneur head in Michigan.
Read this if you are a small business owner or have a loved one who is a business owner & struggling in the current recession. I have a gift for you. Everybody else, skip this and go back to work.
Times are tough for small business owners right now in Michigan and money is tight to spend on foolish marketing that does not works. I have been blessed that I started early in learning about online marketing and it has helped my business a great deal over the years.
Now I am giving back to our small business community in Michigan.
I am teaching a one time, four hour, free seminar "How to Get More Customers From The Internet in a Recession" coming Monday, June 29 in Southfield. 5pm to 9pm.
Nothing to buy. No strings attached. My gift to our small business community.
Just come over with a clear head and go back with knowledge that will help you grow your local Michigan business by using easy to implement online marketing strategies.
For one night only - I have nothing to say about real estate investing in Michigan. I swear I will not say the word foreclosure for the entire evening. :-)
Class is limited to 10. Send an email to morecustomers@markijlal.com with your name and phone number to get an invite. First come. First taken. So move fast.
Love you all and thanks for reading this blog.
Do you have these five important phone numbers on your cell phone? Want to go it alone in this recession? Why? Why? Why?
Foreclosure deal flow in Michigan: you need wide and narrow pipes in this recession to get the best deals.
Sell, selling, sold... is there anything more sweeter to a real estate investor ears than these words? The Recession changed four big things about flipping Michigan foreclosures. Two other strategies remain timeless in the following video. YouTube link is here
There are two parts to hooking up with a private investor to become your money partner on a real estate deal:
1. Knowing how to set up the legal structure: LLC, mortgage notes, deeds etc. The best advice I can give you is to hire a good attorney who understands this and more and let him or her do it for you. That money will keep you out of trouble; all the paperwork will be done correctly and you will be able to sleep peacefully at night. If you need a good attorney referral for Metro Detroit send me an email to mark@markijlal.com .
2. Your marketing to attract good money partners in a recession: the following video explains two key breakthroughs. The direct link to the video on YouTube is here.
Series of videos I am doing this week on recession survival strategies for Michigan real estate investors. The following video is Part I - here is a direct link to video on YouTube
This following video is from the movie Any Given Sunday. Pacino is the coach of Miami Sharks football team and they are about to go into a big game with a big losing streak. Just love Pacino in these four minutes.
"Be clear, be truthful.
Stand there proudly,
unapologetically,
unabashedly, and say,
'I love cash.
It will get
everything
I want in life'"
from Sex, Money, KISS by Gene Simmons
and
"Twenty years from now on you will be more disappointed by the things you didn't do than by the ones you did do."
Mark Twain
After starting, flopping, succeeding, flopping, succeeding, starting.... Several businesses in Michigan over the last eight years - I believe I have the scars to be able to say without a doubt that unless you have made a first sale in your business, whatever the business may be, you don't have a business till you get THE FIRST CHECK with your LLC name on it.
You don't have a business when you buy a foreclosure: you have a business when you flip it, or rent it, or lease-option it or wholesale it.
So many entrepreneurs forget the most basic lesson. It is not about looking at houses or buying them or fixing them. It is ONLY when you get a check because of that house when your LLC becomes a business.
It is about the FIRST SALE.
Always was. Always will be.
If you can do one. You can do ten more.
If you can get one check with your name on it, you can get 9 more.
So today, during lunch break or driving to an appointment, think about what can you do to get a first check for your newly minted LLC before the month ends?
This is the business card for a Michigan Real Estate Investor 2.0. Brian Teets, one of my Inner Circle members, real estate investor extraordinary from Downriver, Michigan and just an outstanding guy totally kills it in this 2.5 minutes video. If you are serious about your real estate investing business than throw away your boring business card that people just take it from you to stash it in a drawer somewhere and make a business card like this for your website or to put on YouTube and using it as a signature line in the emails you sent out every day.
The video that follows is short, sweet, two and half minutes and watch how effectively Brian gets everything: his background, his story, what he is working on, and his track record; all in a two minute video.
The unthinkable is happening. GM is bankrupt. Under government ownership with four brands (Hummer, Saab, Pontiac, Saturn) on the chopping block.
With this you and I are about to be hit by a massive wave of negative news both from the Internet, TV, talk radio, newspapers and every conversation that you will have in the coming week.
Yeah I understand - it is pretty depressing. My brother-in-law, my neighbor, several dozen of my friends all work for GM in one capacity or another.
But sinking in a sea of bad news for the next two weeks is not going to do them, you or me any good.
Instead pick up the phone and call a real estate investor friend. Ask them what they have been doing in their business. Tell them what you have been up to. Change the topic raging in your head.
Most likely there is absolutely nothing you can do to change what is happening at a bankruptcy court in NY with GM... so why even waste time allocating precious time to it? Spend the same amount of time on your business and you will see a better outcome.
I have a busy schedule this week. I intend to do more this week than I did last week. Get out and meet some new people. Learn a new skill. Read a new book. There are at least two dozen profitable things both of us can do this week, which can help our business other than trying to outdo the next dude in telling some more bad news about GM.
Lastly, take it from somebody who calls Michigan his adopted home - I have immense hope and confidence in the people who live and work in Michigan, brave rough winters, been stuck with a lousy football team for decades and lately seeing a massive change in the auto industry that nobody living here ever imagined.
But I have hope, not in the overpaid bozos running these companies, but in the people of Michigan.
Folks like you.
We are going to get through this.
All of us together.
Chin UP
