Over the past few months, Alex has been attending masterminds from all over the country. On today’s episode, he shares his top three takeaways from these mastermind events and gives you some food for thought on how you can implement them in your business as well!
Key Takeaways:
- We’re almost at the 300 episode mark!
- We often underestimate how much we can get done in a relatively short amount of time.
- The months go by so quickly.
- Alex shares some of his thoughts and takeaways from the masterminds he’s attended in the past three to six months.
- How can you make your business easy, lucrative, and fun (ELF)?
- Ask your team: What are we not doing that we should be doing?
- It’s healthy for your team to share their thoughts and really feel heard from you.
- “Good is the worst enemy of great.” Be allergic to average.
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way?
Connect with Alex here about working with him 1-on-1
Tweetables:
“The quality of your life can be determined by the types of questions you ask yourself.”
“How can we make the business easy?”
“I want people challenging the status quo, I want people thinking of ways they can improve and make their role more efficient.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Steve Cavanaugh runs the Southern Maryland Real Estate Investors’ Group and invited Alex to be a guest on his Facebook Live. This is Part 2 of Alex answering some of Steve’s and his audience’s questions! On the show, Alex shares how new real estate investors can make it in the industry, books he loves to read, and so much more!
Key Takeaways:
- How important is giving back to Alex?
- Steve goes into a Quickfire Round with Alex.
- What books have changed Alex’s life?
- What is Alex’s superpower?
- Who does Alex aspire to emulate?
- What was the last book Alex read?
- How does Alex avoid procrastination?
- Where does Alex see himself in ten years?
- Alex believes no matter what state the market is in, it is always a good time to wholesale.
- What are some of the best ways you can you build a buyers list?
- Pick one or two strategies (MAX) to grow your business.
- How does Alex decide on what areas to target?
- Why does Alex not do virtual wholesaling?
- Alex shares how he was able to close on his first few deals and make money!
- What would Alex do if he had no money and had to start over in a brand new state?
- Leverage your resources!
- The quickest way to learn is by going out there and taking action.
- How did Alex discover his strengths and what he’s really good at?
- The quicker you can hear something and implement it, the closer you’ll get to success.
Mentioned in This Episode:
Part 1: Steve Cavanaugh Interviews Alex Pardo on Facebook Live (Part 1)
Connect with Steve on Facebook
Southern Maryland Real Estate Investors' Group (SOMDREIG)
Book Recommendation:
The One Thing by Gary W. Keller and Jay Papasan
Think and Grow Rich by Napoleon Hill
Rich Dad Poor Dad by Robert Kiyosaki
The E-Myth Revisited by Michael E. Gerber
Four Hour Work Week by Tim Ferriss
The Pumpkin Plan by Mike Michalowicz
The First Habit by Lewis Schiff
Tweetables:
“I felt God tapping me on my shoulder saying, ‘You can do more. You can give more.’”
“Character can be defined by what you do when no one’s looking.”
“If you’re a procrastinator by nature, join some sort of accountability group or get an accountability buddy.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
When it comes to multiple income streams, you might think you have to branch out into industries you’re not familiar with in order to be successful. However, that’s not the case! Alex shares some creative ways you can structure deals in your industry so that you can create multiple streams of income for yourself.
Key Takeaways:
- Collect memories, not things.
- When Alex is at a mastermind, he sometimes likes to bring the family along so that they can take a mini vacation while there.
- When you have a vision for your life, you find interesting ways to combine different elements of your vision.
- How can you create multiple streams of income from within your industry?
- Alex shares an example on how you can profit from two different ways from one big transaction.
- Don’t lose sight of what you do. Don’t try to create multiple streams of income from an industry you’re not familiar with.
- Did you lock up a deal where you know it’s going to be a slim margin? There’s creative ways to fix that.
- Think about selling some of your leads to agents and work out a JV agreement with them.
- There’s so many little things you can do to create multiple income streams from the same interaction.
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way?
Connect with Alex here about working with him 1-on-1
Tweetables:
“We live in an ‘and’ world, not an ‘either/or’ world.”
“Whatever you do, always operate with full transparency and disclosure.”
“95% of your leads are going to be retail.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Steve Cavanaugh runs the Southern Maryland Real Estate Investors’ Group and invited Alex to be a guest on his Facebook Live. This show is going to be slightly different as Alex answers Steve’s and the audience’s questions. He shares his origin story, why he created his podcast, what he does for personal development, and so much more!! This is only part 1, stay tuned to part 2 next week!
Key Takeaways:
- Steve did a Facebook Live event for his REIA in Maryland and Alex was invited to be the guest!
- This is going to be a two-part episode, so stay tuned for next week!
- Where is Alex today in his business?
- How did Alex even get started in wholesaling?
- What prevents people from taking action?
- What kind of mentors has Alex had over the years?
- Alex shares his top tools that he uses everyday.
- Why did Alex decide to start his podcast?
- How can someone start their own podcast?
- Does Alex have a social media strategy?
- What makes Alex tick? What new beliefs has Alex recently adopted?
- What was the one behavior or habit that most positively impacted his real estate career?
- What is Alex’s favorite failure?
- Where’s the real estate market headed right now?
- When Alex hears the world ‘hustle’ what comes to his mind?
- Alex shares who your first hire should be once you start closing deals consistently.
- What is EOS and Traction, and when should someone use that?
- Stay tuned for part 2 next week!!!
Mentioned in This Episode:
Connect with Steve on Facebook
Southern Maryland Real Estate Investors' Group (SOMDREIG)
Book Recommendation:
Work Less, Make More by James Schramko
The Four Spiritual Laws of Prosperity, by Edwene Gaines
Traction by Gino Wickman
Tweetables:
“The focus is the bottom line. How can we do better quality deals vs. more deals.”
“The pain of working for somebody and having a job was greater than the fear I had of falling on my face.”
“Sometimes we’re divinely given moments of pause in our lives and it’s our responsibility to fully absorb and appreciate what we’re feeling.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Alex recently attended a mastermind where Randy Couture was the keynote speaker. Randy spoke about fear, endurance, and ‘embracing the suck.’ On today’s show, Alex shares what he really liked about Randy’s talk and he hopes you’ll walk away just as inspired as he was!
Key Takeaways:
- More wealth is built during market downturns, than any other time... Get Ready!
- At the last mastermind Alex attended, Randy Couture (Former UFC fighter) was one of the keynote speakers.
- Alex shares some key takeaways after listening to Randy speak.
- You have to learn how to embrace the suck.
- What strikes fear in your heart? How are you going to overcome it?
- "Make friends with the worst possible scenario." - Randy Couture
- Are you 1% better than you were yesterday?
- Alex was able to get a ‘face-off’ picture with Randy. The guy is stone cold serious!
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way?
Connect with Alex here about working with him 1-on-1
Tweetables:
“What you will become will be the result of what you’re willing to endure.”
“Choice, not chance, determines our destiny.”
“From pain comes wisdom, from suffering, comes strength, and from fear comes courage.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Tom Krol is the Founder of Wholesaling Inc. and PSL Homebuyers. Tom is considered to be one of the most successful real estate wholesalers in the country and has built an amazing business within such a short period of time (less than five years). Find out how Tom makes it all work and what some of his favorite wealth-building strategies are on this week’s episode!
Key Takeaways:
- Who is Tom and how did he get started in wholesaling?
- Tom credits his brother (Todd Toback) for helping him get out of debt and from living paycheck-to-paycheck.
- Tom was hungry!
- What does Tom’s business look like today?
- Get out of your own way.
- Alex explains what the ‘Success Tax’ is.
- Discipline and passion both will eventually fail. What lasts the longest? Purpose.
- What has helped Tom’s coaching students the most when it comes to closing deals?
- Want a business to run without you? You have to put a cap on your financial aspirations. Tom explains a little bit more what he means.
- Why are you doing what you’re doing?
- The goal is just a destination. You have to enjoy the journey.
- What’s Tom’s wealth-building strategy?
- Tom hates carrying debt.
- There is no such thing as ‘passive’ income, BTW.
- How did Tom connect personally with Robert Kiyosaki?
- You are the sum of the five people you hang out with.
- What’s one piece of advice Tom would like to give to his younger self?
Mentioned in This Episode:
Connect with Tom and his team about Coaching
Tom on LinkedIn
Book Recommendation:
Ego Is the Enemy, by Ryan Holiday
Tweetables:
“That’s the number one thing. Get clear, simple instructions.”
“Take massive imperfect action! You’re going to make the same number of mistakes. Everyone’s first dozen deals are a complete mess.”
“There is no such thing as time management, only priority management.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Happy New Year, everybody! Alex has been going through a funk in his life lately, and he’s learned a valuable lesson for it. Don’t beat yourself up when you see yourself slipping! Take a breath, recognize it, and then get back to it. Everybody has hiccups but it’s important to not let those stop you.
Key Takeaways:
- Alex doesn’t like New Year’s resolutions!
- Create an action plan instead of ‘resolutions.’
- In the month of December, Alex and his team didn’t meet their financial goals.
- Are you giving it all?
- Focus on the one thing.
- Alex was going through a funk in his life. So what did he do? He took action and has recently hired a personal trainer to help him with his fitness goals.
- Ask yourself: Did you give it your all today?
- Talk to your mentors or people in your inner circle who will inspire you.
- Alex is in the process of looking for a new (and awesome) acquisitions person. Reach out if that’s you!
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way?
Connect with Alex here about working with him 1-on-1
Tweetables:
“Small hinges swing big doors.”
“Are you getting comfortable? Or are you giving it your all?”
“Don’t beat yourself up about it — just do what you gotta do to achieve your goals.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
Armando Cruz has been a friend of Alex’s for over 30 years and recently completed a 100-mile race! He is a best-selling author, real estate investor, and a men’s mentor. This episode is Part 2, documenting his experience of completing this race, so be sure to check out Part 1 from last week’s show to be up-to-date!
Key Takeaways:
- We’re back with Part 2! If you haven't listened to Part 1, do yourself a favor and check it out ASAP ;)
- At the start of the race, what emotions was Armando feeling?
- Would Armando be able to even complete the race without the support of his family?
- The pain doesn’t last.
- What was the most difficult part of Armando’s race? Mile 55!
- Everything was hurting. Armando fell close to the edge of a cliff (twice).
- Did Armando ever feel like quitting?
- Did Armando bring any technology with him?
- Armando’s wife was incredibly supportive throughout this entire process and she even ran with Armando to help him keep pace.
- Armando wanted to finish the race in 24 hours. When he was halfway through, he knew it was no longer possible.
- After running 99 miles, Armando was able to get a boost… from his mind!
- Armando’s legs were shot by mile 25 but he kept pushing past that and achieved the next 75 miles mentally.
- There is value in doing hard, hard things.
- Your thoughts become your actions. Not happy? Take action!
Mentioned in This Episode:
Connect with Armando Cruz: http://www.armandocruz.com/
Part 1: The 100 Mile Race - An Inspiring Story About Perseverance, Determination, & Grit (Part 1)
Book Recommendation:
The Legacy Code: Modern Man’s Guide to Escape Obscurity & Live a Life Unleashed, by Armando Cruz
Tweetables:
“I wanted my son to catch me in an act of excellence.”
“To break it down even further, it’s just one more step. Just one more step. That was the mantra.”
“The brain is responsible for keeping you safe, so it’s tolerance threshold is a lot less than what you can actually achieve.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!
How do you become a connector? By becoming someone who is curious and cares about others. Alex recently found out that his strength is connecting with people in a meaningful way and he offers some tips and advice on how you can do this too!
Key Takeaways:
- A plan without execution is just a dream.
- At the beginning of the year come up with a mantra or a word.
- Have a why behind your goals.
- Are you a connector?
- Alex loves to connect people just by being curious and asking questions.
- Alex recently just got out of a funk and your network can really help you out of that mindset.
- How can you help out your network?
- You can gift books to people!
- Enjoyed the show? Find Alex on social media and tag him!
Mentioned in This Episode:
Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com
Click Here to apply for our next Holiday Mastermind in (Exotic Location TBD).
If you are interested in joining our team, you can Apply Here
Do you have an existing business? Already closing deals, but feel there is a better way?
Connect with Alex here about working with him 1-on-1
Tweetables:
“A plan without execution is just a dream.”
“What are you trying to accomplish right now?”
“People don’t know how much you care until they know how much you care.”
Ask Alex A Question:
Have a question you want featured on an upcoming Flip Empire Show?
Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!
Did you get your FREE Online Course?
Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.
Subscribe To The Flip Empire Show, and Leave a Rating & Review!