Episode Details

Make your own decisions rather than dealing with unnecessary pain and doing what the world dictates. Find a way to hit the inspiration point, rather than the desperation point by focusing on four cores!

Today, I am talking with Preston Brown, who started in real estate as a home flipper. Now, he has seven divisions of property management: Roofing, real estate, brokerage, home flipping, hard money lending, title company, and home warranty insurance. He invests in business, but also in his body and mind.

You'll Learn...

[03:28] Preston found DoorGrow online when looking for franchise property management opportunities.
[04:20] Cycles, models, and understanding the dynamics of various industries.
[04:50] Impact of embezzlement on Preston's businesses.
[06:00] Low cost of DoorGrow services that offered so much value and showed how to avoid the Cycle of Suck.
[07:55] Preston did a study to show clients their options and costs with his companies vs. other companies; shows differences between price and value.
[10:11] Preston increased pricing, got rid of bad doors, and lowered operational and staffing costs.
[11:30] Launch a business at the right size; bigger is not better, profitable is better.
[13:30] Psychology is linked to success; you don't buy a product, but you buy a feeling of certainty and comfort that you could achieve success with the product.
[14:50] Four cores people think about to create a natural alignment: Spirituality, physical fitness, family and love, and money and wealth.
[16:30] Happiness: Life condition equals blueprint; progress makes you happy.
[19:55] Preston systematized all of his businesses using DoorGrow processes.
[23:45] Don't focus on getting rich quick; to have the best business in the world, deliver more value than any competitor.
[27:20] Your body is a direct reflection of your business.
[30:00] What's your identity in each of the four cores? Notice, appreciate, and believe.
[32:10] Try this tactic: Use one hour each morning to program your body and mind to attract everything you want.
[34:45] Positive vs. negative emotions in business.
[36:37] Secret to Success: You cannot revolutionize, you have to evolutionize.
[38:35] Do 80% psychology and 20% strategy for all parts of your life and business.
[40:05] Be proactive, rather than reacting and putting out fires.
[42:45] Life hits everyone; you will face problems and challenges in life and business.
[46:45] State value and build rapport; out pace strategy problems using psychology.
[52:25] Focus on the four primary needs and two divine needs.

Tweetables

Launch a business at the right size; bigger is not better, profitable is better.

Lose your ego to gain a profit.

You buy a feeling of certainty and comfort that you could achieve success.

Resources

Preston Brown email

Mike Michalowicz

Tony Robbins

DoorGrowClub Facebook Group