Episode Transcript
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Speaker 1 (00:08):
Everyone talks about
compound interest.
In the stock market.
You've heard the story A pennydoubled every day for a month
turns into over $5 million.
But what no one talks about isthe compound effect of skill, of
experience, of relationships.
That's the real reason whywholesaling real estate gets
(00:29):
easier over time and why mostpeople quit right before it does
.
We're taught to think aboutcompounding in terms of money,
stocks, savings, passive income.
But compounding applies toeverything your skills, your
network, your mindset, yourability to close, your speed to
(00:49):
execute.
It hits way harder in businessthan it does in the stock market
.
Think about this you and mecould be dropped in any city in
America with no money, noconnections, just phone and
internet, and we would find away to make money.
Why?
Because my skills havecompounded over the course of
(01:14):
time.
I know how to find deals, Iknow how to talk to sellers, I
know how to evaluate a market, Iknow how to move with speed.
The return on those skillsaren't linear, they're
exponential and every rep youput in multiplies your ability
to execute.
Let's take last week for anexample.
(01:34):
I got two signed contracts inone day where I placed zero
calls to sellers.
I didn't do any follow-up.
I didn't do any lead generation.
Here's the reason why I wasable to do this, and I'm not
talking about my team, I'mtalking about individually.
Rj Bates got these propertiessigned under contract.
(01:55):
It's the compound effect ofwhat I have built over the
course of time the reps that Iput in months and even years ago
.
The reps that I put in monthsand even years ago.
One of the examples was aproperty that I got under
contract in Texas where Ioriginally talked to this seller
in 2022 and then again in 2023.
(02:17):
I actually sent a contract tothis seller in 2023, during the
50-50-50.
Now this seller ghosted me.
Now most people would writethis off as a loss, including
myself.
Now, we continued to follow upwith this seller for months and
months.
We never gave up on the deal,but that wasn't what led to us
(02:41):
getting the property undercontract.
What led to us getting theproperty on a contract, what led
to us getting the property on acontract is the fact that the
seller's timing and theirmotivation actually finally came
to fruition, to where theycould sign the contract.
See, we look at things and wemake assumptions as to why
sellers would ghost us, why theywould make this decision to
(03:04):
ignore us.
We normally assume worst casescenario.
Something must have happened.
They must have sold it tosomeone else, competition must
have come in, offered them theequity protection program and
gave them more money.
That's not what happened.
They lost multiple familymembers to death.
The emotional burden thatovercame these sellers made
(03:26):
selling the property at the timeirrelevant and, even with all
of our follow-up efforts, itwasn't worth their time and
energy and resources to respondto us.
But as we continue to work, thatfoundation that I have
established over the past decadein this industry, where we have
(03:47):
built out the processes tocontinue to follow up with
sellers, regardless of whetheror not they're ghosting us, led
to me receiving an email sayingwe're ready.
We're ready to sell you ourproperty.
Would you be willing to offerus the same amount that you were
willing to offer us?
Two years ago, I reanalyzed thedeal, set the contract and got
(04:10):
it under contract.
Same thing happened on asimilar type deal where it was a
much shorter time frame.
It was from a live video, whereI called sellers and I had made
an offer.
Now, in this scenario, my teamhad continued to reach out but
was never able to get a hold ofthe seller.
Now we ask ourselves all thetime why would sellers not
(04:32):
respond to us if they'remotivated to sell?
Well, it makes sense to us,except for the fact that
motivated sellers have a lot oftimes many, many things going on
in their lives besides justthat piece of real estate.
And so, when the timing wasright, that seller reached back
out to me and said I would liketo accept your offer.
So two different sellers wereable to reach back out to me.
(04:57):
I was able to get signedcontracts with nothing more than
the foundations that compoundeffects of what I've built
inside of my wholesale operation.
So this is the reason why thatafter a decade I would be able
to get better results than whatmaybe you can get right now.
But that's what you're strivingfor each and every day.
(05:20):
You are striving to build whereyour business will be able to
perform at the same level wheremine is today.
Now let's talk about buyers.
When you're new, you're beggingfor attention from them, but
over time, a solid core group ofthree to five reliable buyers
become your shortcut.
(05:40):
They will close fast, theywon't waste your time, they'll
trust your numbers, they'll wirefunds without drama, and that's
compounding in action Everyrelationship you build today
makes your next 10 deals easier.
Every solid dispo becomes afaster dispo the next time.
You're not just making money,you're building leverage money.
(06:08):
You're building leverage.
Now here's the wild partEventually, people will start
calling you Leads from socialmedia, jv requests, private
money offers, coaching invites,podcast spots.
Why?
Because every time you show upwith value, you compound your
reputation and that turns intoopportunity, which makes the
next level easier to hit.
Now the key for you is, asthese opportunities come your
(06:31):
way, to stay focused on theconsistent actions that have
opened these doors.
It's not to chase each andevery time you take yourself
(07:02):
away from the actions thatyou're taking today to build
that compound effect.
The reverse will happen.
You take yourself away fromfuture revenue, future
opportunities, future sellerscalling you from the actions
that you could be taking duringthose times.
So just because you're openingup doors and there's
(07:25):
opportunities that now exist, becareful.
Understand for every action thatyou take, there is an opposite
reaction inside of your business.
Let's say you and I start from$0 today and the goal is to hit
$50,000 a month.
Same goal, same economy, but mypath to get there will be 10
(07:47):
times faster, and it's notbecause I work harder, but
because my foundation iscompounded at this point.
It's not because I work harder,but because my foundation is
compounded at this point.
My systems are in place, mycloses are tighter, my network
is stronger, my confidence isproven to myself.
And that's what happens whenyou stack years of focused
effort.
You want to win in business,relationships, fitness, wealth
(08:11):
then you need to fall in lovewith boring consistency.
Talk to anyone that issucceeding in those areas in
their life fitness, wealth,business.
They will tell you.
It is about establishing yourbusiness.
Through the consistent actionsthat you take early on in
building your organization, youset the standard.
(08:34):
You're creating that cultureinside of your business.
So you have to show up everyday, make that one additional
dial, shake one more hand andestablish one more relationship,
send one more follow-up to aseller.
This is how compounding starts.
It's slow and it's invisible,but then all at once, you start
(09:00):
wondering why things feeldifferent.
It's probably because thecompounding is starting to kick
in.
The key is for you to stay inthe game, stack your skills and
build your network, because thefirst 12 months are the slowest
and the hardest, and then itgets scary how fast it moves.
(09:22):
So here's what I want you guysto do.
I want you guys to comment onthis video compound.
Drop that, drop that, and whatI'm going to give you is a full,
comprehensive package of howyou can start building the
necessary skill sets to thecompound effect that is
(09:43):
necessary inside of yourwholesale business.
That's a free PDF.
It's a little bit over ahundred pages.
Some of you might have it, someof you might not, but drop that
.
Comment compound, and I'll sendyou the link so you can sign up
for it.
I want you to truly go in andtry to digest the information
inside of this.
This is the framework and thefoundation for what we have
(10:06):
built here at TitaniumInvestments and how we have been
able to sustain our businessfor now over 14 years.
Show me some love, like today'svideo and, like I said, drop
that comment of compound.
Make sure you're subscribed.
We'll see you guys tomorrow.