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DGS 112: Building a Billion Dollar Business with Pat Hiban
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Have you ever played the board game, Monopoly? Were you successful at buying properties, and charging people rent? Did you go from buying and selling the little green houses to bigger houses? Did you dream about becoming a successful real estate agent, making billions, winning the game, and retiring at an early age? You're not alone.
Today, I am talking to Pat Hiban, a real estate agent who got better over time to have an illustrious career in the real estate sales business. Pat practiced what he preached and like most agents, bought houses and then rented them out. At 46 years old, Pat retired from selling homes for commissions to living off the income he made from the real estate that he purchased.
You'll Learn...[02:45] Labeled as Learning-Disabled: How Pat overcame it, and didn't let it bother him.
[03:35] Go Getter: Don't reinvent the wheel. Listen and copy others to sell houses.
[04:09] Done is better than perfect: Things don't need to be perfect, but need to get done. Hire others to make them perfect and fix problems.
[05:58] Building a Billion-Dollar Business: One sale at a time, one staff member at a time, one commission at a time. Get rich quick is a slow process and takes discipline.
[07:54] What holds people back from growing their business? Themselves. There's someone else that has the same goals, but there's no difference between them.
[11:00] What's going to happen? You're going to quit affirming and focusing on your goals, or they're going to come true.
[13:25] Unwilling to Give Up: Entrepreneurs tend to have tenacity and relentlessness.
[14:31] Are they not setting goals? Or, are they setting goals and failing? If they don't have any goals, they're never going to get anywhere.
[15:30] GoBundance: Find accountability partner for positive peer pressure to set goals, create affirmations for each goal, and make sure each goal and objective gets done.
[19:42] Why people fail to succeed? They give up too soon and don't establish proper mastermind.
TweetablesStick with Superpower: Getting business, doing business, and making money.
Done is better than perfect.
To get rich quick is a slow process. Get rich slowly to succeed.
Your circumstances are a direct result of your goals and how often you review them.
ResourcesThink and Grow Rich by Napoleon Hill
TranscriptJason: Welcome, DoorGrow Hackers to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, interested in growing your business and life, and you're open to doing things a bit differently, then you are a DoorGrow Hacker. DoorGrow Hackers love the opportunity, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they're crazy for not, because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships, and the residual income.
At DoorGrow, we are on a mission to transfor