Podcasts Business Flipping America Your "Why" Understanding Your Own Motivation

Your "Why" Understanding Your Own Motivation

Published: May 18, 2018, 4:03 p.m.

FAR 146 Expected Air Date: 04/26/18 Opening Hello everyone. It\u2019s a beautiful spring Thursday here at our studios on Peachtree St in Atlanta, GA. We\u2019re going to talk real estate investing for the next 60 minutes, but we are going to approach it from a slightly different angle. Over the last few shows we\u2019ve been talking about a Place to Begin, Hitting Your Stride, and The Next Steps. Today we will continue with some thoughts about Purpose. What drives you today? And I\u2019m not talking about that driverless car you may be in. And I\u2019m not asking you what drives you nuts! I\u2019m asking you to think a bit about your motivation in life. We will dig into that in a few minutes. I also have a stack of questions to answer, including a ton of questions about our Mentoring Program. Our next Three Day training camp is coming up May 9-11 and it\u2019s not too late for you to join us. However, since our program is invitation-only, you have to jump through a couple of hoops in order to receive that invitation. Hey it\u2019s not like getting into law school or anything but we just need to talk. You can schedule a call with me by going to your web browser and typing this in exactly: bit.ly/TalktoRoger When you do that you\u2019ll have access to my scheduler and you can pick a time. Then you will be given instructions for accessing a conference call you\u2019ll need to dial into at the appointed time. It doesn\u2019t matter to me where you are. I look forward to helping you in any way that I can. VIP lunches at FlipStarter - Lunch with me every Wednesday at Baraonda. How to Reach us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Announcements:

  • My upcoming speaking engagements:
    • I\u2019m off the road for a couple of weeks while we plan for our next Mentoring Training here in Atlanta May 9-11.
  • Monday - the Flipping America App debuts in the Apple Store. Already in the Android Store.
News! Topic - Understanding Your Why Why are you doing all this? Ask the question. Keep Asking until you get to an emotional level. Drill down to the core of your motivation. Why? Because this brings Focus Determination Clarity A sense of purpose will guide your business plan, your short term goals, and even your daily schedule. If you are constantly aware of your underlying motivations and life goals, they will inform many of your difficult decisions with guidance. Motivational Thoughts for the day
  • \u201cNever Give Up, Never Surrender\u201d. -Jason Nesbitt, Captain, Galaxy Quest.
Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Emails: Questions@flippingamericaradio.com Tell us where you\u2019re from!
  • Carl, Oconomowoc, WI, \u201cDo you still use other people\u2019s money in your own flips? If so, why? Wouldn\u2019t it be better to just use your own cash at this point?\u201d
  • Cindy, Westchester, PA, \u201cI heard you talking about the advantage of leverage in real estate deals. How do you reconcile this with Dave Ramsay\u2019s teaching that we should never borrow money - ever - especially for real estate investments?\u201d
  • Chastity, Birmingham, AL \xa0\u201cHow do you calculate the cost of a hard money loan?\u201d
  • Scott, Lancaster, PA \u201cHave you ever been in a multiple bid situation when buying? Is this a time to break the 70% rule?\u201d
  • Joe, Fredericksburg, VA \u201cMy wife and I are a bit at odds with a rehab we are doing and wonder if you could help. We agree with the idea of a \u2018wow\u2019 factor in the house, but she has ideas for the kitchen, the master bathroom, and the deck in the back yard. My argument is this is basically a first-time home buyers house and we should focus on just one of these. We want to make it great but we also want to make as much money as we can. We both would appreciate your thoughts.