In this episode Jack continues where he left off in episode 56, this time focusing on the mindset required to make it in real estate. You'll learn how Jack and Michelle think about real estate investment and how this has allowed them to live a life where they have financial security.
Jack discusses the kinds of people you need to avoid as well as the kind of motivation you need to thrive in the Forever Cash Life. And if you feel overwhelmed and are unsure about the path to follow, don't worry! Jack discusses his views on picking something that works and persevering.
In this episode Jack talks about what it takes to make it in real estate. Many people make huge mistakes when they invest, because they base their decisions on speculations. Jack discusses the fact that you need to invest using sound, fundamental principles. Learn how many people went through the recession without losing nearly as much income as those who invested irresponsibly.
Take a realistic look at what investing in real estate means, and reflect on some harsh truths about business that will help you to flourish while others stay up at night worrying about their investments.
In this episode, Jack and Michelle talk about the concept “Simplify to Multiply” – how to hocus, pocus, focus on the things that are important and eliminate distractions. In the world of business, there are many times when “shiny pennies” and other distractions take your focus away from what’s important.
You’ll learn how to choose what to focus on, and eliminate everything that is causing you to waste your precious time. There are also certain times when it might be a good idea to do something different, but you have to very carefully weigh your options. Do you want to spend all your time on one thing that might not pan out? Or do you want to zero in on the most important stream of income, and succeed with the Forever Cash System?
In this episode, Jack discusses a question that he gets all the time: “Why are you adding Multifamily buildings to what you do? Aren’t you the land and lot people?” There’s a very good reason for this, and it all comes down to how Jack and Michelle structured their business. In this episode you’ll get more insight into their background, where they are today and why they are able to add an entirely new segment to what they do.
You’ll also discover what makes Jack and Michelle tick. Once you have a business that runs itself, you need to challenge yourself to learn more, right?