Episode 110: Stay in your lane, with Mitch Stephen.
Mitch Stephen is a nationally known real estate entrepreneur, trainer, and consultant who has purchased over 1,300 houses in his hometown of San Antonio, Texas. He is also the author of two books, \u201cFailing Forward to Financial Freedom\u201d and \u201c200+ Ways to Find Bargain Properties.\u201d Mitch is a high school graduate who never stopped learning from books, seminars, and webinars, a graduate of "La Calle U" (which means \u201cThe Street" in Spanish), and a fine example of what \u201con-the-job-training\u201d can produce in a person. Mitch now teaches others how to become financially independent and invest for more than just the typical lump-sum check.
\nSecret \u2013 timesaving technique\nMitch lightens his load by delegating to others \u2013 you have to finish the job, even if it's not you doing the finishing. ONWARD!
\nDaily habit that contributes to success\nWork on your networking \u2013 Mitch takes long lunches every day with people he wants to network with.
\nCould have ruined your business \u2013 but now \u2013 an invaluable learning experience\nMitch sat on $1 million worth of lots that nobody would look at \u2013 and Mitch tells the whole story here.
\nMost critical skill you think business owners need to master to be successful\n"The ability to establish the value of your product accurately."
\nMost influential lesson learned from a mentor\n"When you change your self-talk you change the path of your life." \xa0
\nFinal Round \u2013 "Breaking Down the Recipe for Success"\xa0\nWhat systems would you go back and put into place sooner?\nI would have watched my finances and known where my money was going sooner.
\nWhat one strategy or "recipe" would compound into big wins for business owners?\nThe owner-financier strategy is the best strategy in the world \u2013 and Mitch spelled out the entire strategy here.
\nWhat strategy would you recommend new business owners focus on to best ensure success?\n- \n
- Have a round table \u2013 consult them when you need to. \n
- Always continue your education \n
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