If you’re thinking about getting into the field of foreclosures investing, whether you want to buy tax foreclosures or simply make money from finders fees on tax sale overages, you’ve almost definitely run into someone, or many people, who have tried to make you feel like a jerk for “profiting off of others’ misfortune.” These people are fondly referred to as “haters,” and you shouldn’t listen to them. Here’s why.
{ 0 comments }
Like no other time in history, we live today in an age of too much information. For every direction we can take with our lives, for every disease we might get, even for how to program our DVR players, there is way too much information. Overwhelmed with data, people tend to sit back, explore their options, and waste lots and lots of time trying to come up with the best plan of action.
I’ve noticed this in our Hooked On Overages class. There’s a lot of information to digest, and people often want to know every in an out of how to work the business before they even take the first single step. The students that dive in and get started without being sure what they’re doing are the ones bringing in the checks, while the other students languish trying to decide if they’re ready to act or not.
I see it in myself, of course, all the time. This morning I had to laugh at myself because I ate some breakfast before hitting the elliptical machine. There’s so much information out there about the most effective way to burn calories while exercising, and I’ve read time and again that it’s best to work out in the morning before eating. I was actually considering skipping my workout since it wouldn’t be as effective.
The point? Stop worrying about if everything you’re doing is completely efficient, or if you are educated enough, or whatever little insidious thought is holding you back from simply taking action. Don’t let fear of failure keep you from acting. Easier said that done, but we all need this little reminder once in a while.
{ 0 comments }
Note: This is a fairly long story of my experience with Hooked On Overages and Rick Dawson. If you just want to get right to reading about the program itself, you can read the Insider’s Guide to Overages by clicking here: http://hooked-on-overages.com
In the name of full disclosure, before I write a single word of my review of Hooked On Overages, I want to be upfront about the fact that I am Rick Dawson’s younger sister, Maggie Dawson. I had zero experience dealing with overages before unintentionally learning Rick’s program while helping out with his first training. I’d like to share my unique story becoming involved in the program in the hopes that you’ll decide to make what could be a life-changing decision for yourself, and take the leap into entrepreneurship with Hooked On Overages.
{ Comments on this entry are closed }
Have you heard of the 80/20 principle? It’s a brilliantly simple concept popularized by Italion economist Vilfredo Pareto in 1906: a small fraction (one-fifth) of your effort will produce a large portion (four-fifths) of your results. Taken literally, this means that 20% of the time you spend working will produce 80% of your revenue, client base, or products. Or we could say 80% of consequences come from 20% of causes, or 80% of outputs come from 20% of inputs.
{ 0 comments }
If you’ve ever tried to get a job, then you know how important experience is to most interviewers. They want at least one year experience doing this, five years experience doing that. If you’ve found yourself in the Bermuda Triangle of not being able to get experience because you have to be experienced, you’re not alone. (Yet another reason why you should ditch jobs altogether and start collecting overages!)
Just because this is the norm in corporate America, doesn’t mean it’s the right way. Experience is great, if you’ve learned from a great teacher or in a great environment. But if you’ve got experience doing things inefficiently, what good does that do anyone? Your “experience” can put you into a bad business mindset that has you failing time and time again.
{ Comments on this entry are closed }
You’ve heard that saying a thousand times. From your grandpa, your dad, your college professors, and just about anyone with whom you’ve ever discussed one of your “wild business ideas.” So often, that you’ve probably accepted that it’s true, maybe even all the way down to the gut level.
Well, guess what. It’s a big ole fat lie.
Sure, maybe objectively you can find reasons why it’s true. It’s hard to start something out of nothing, and if you’ve ever tried starting a business with $50 in the bank I can almost hear you yelling at me through your computer screen. Okay, you need a little money to make more money. But you don’t need that $50,000 loan. Why?
{ 0 comments }
If you’re not one of those people with self-discipline of steel, this article is for you. The truth is, the things we don’t wanna do are almost always little tasks that for some reason our mind has overblown into giant, mind-sucking endeavors that we avoid like the plague. I can’t tell you how many college classes I failed just because going through the rigamarole of meeting with the counselor and getting the signature to drop seemed so taxing.
Sad, but true.
However, I’ve come a long way since then, and now I truly am a master of getting the little annoying things done. This is because I’ve honed three very effective little methods to getting crap done – and anything you don’t wanna do, we can consider “crap.” In the last tip, I’m going to share my deep, dark, nerdy secret for how I get really annoying little tasks done.
{ 0 comments }
I’m not saying it’s bad to invest in tax deed property. Actually, if you go about it the right way (i.e., avoid the tax sale), buying tax deed property can be quite lucrative. And in today’s economy, more homes are going to tax sale than ever before. Obviously, it’s time to start working tax foreclosures.
But buying tax deed property won’t make you wealthy. Not with all the competition, and definitely not with all the hassles that come along with it – the risk of buying a trashed property, or a property that becomes trashed in the time you have to wait to foreclose… not to mention the huge amount of cash you’re going to have to have available to invest this way.
{ 0 comments }
I’m a huge fan of just about everything Google does, Gmail being probably my favorite of all. Gmail completely revolutionized my email experience. I was converted from Yahoo! after about 30 seconds of use. (I think I’ve probably got about 50 gmail email addresses at this point.)
You know what I don’t like? My info@hammondfundinggroup.com email. It’s a huge pain to use. I actually have it forwarded to my gmail.com email address and I use it that way. So why not just make a hammondfundinggroup@gmail.com email address? (Well, I just did as the thought occured to me, but that’s not the point.)
Even if you’re a Yahoo! or hotmail junkie, don’t assume that everyone else is – especially your prospective client. Especially in the found money business. While I would probably not bat an eye doing business with someone who used an @yahoo.com or @aol.com email address, for a lot of people, that might raise a red flag.
{ 0 comments }
This article is written with the found money business in mind. However, it applies across the board to whatever business you’re working in. Viewing competition as a positive or a negative is, like everything else, a matter of perception. Perceive it correctly, and it’ll work to your advantage.
–
If you’re anything like me, the idea of your competition swooping in and getting deals away from your prospective clients is one of the worst parts of running your own business- be it the overages business or any other business you’re involved in. For the consumer, competition is a great thing- it causes companies to work harder, price their products more fairly, and try to create a better product than the competition.
However, if you’re the one trying to market and sell products, the competition can force you to work so hard, and whittle your profit margin so low, that eventually it’s no longer worth your time to do business. Luckily for us, the overages business works a little differently than other businesses. The competition is still alive and kicking, but in many cases it’s not a threat to us, and can even help us in the long run.
{ 0 comments }
Get smart with the Thesis WordPress Theme from DIYthemes.
