Monthly Archives: March 2017

Old Ways To Manage Are Out—What You Need To Know About Management Today
Mar 30

Old Ways To Manage Are Out—What You Need To Know About Management Today

In today’s episode of The Art of Passive Income, Mark and Scott talk to David Burkus from DavidBurkus.com. David is a best-selling author, an award-winning podcaster, and associate professor of management at Oral Roberts University.

An expert in management, his latest book Under New Management: How Leading Organizations Are Upending Business as Usual challenges the traditional principles of business management and proves that they are outdated. He brings social science research that shows that there’s a better way to manage then what used to work.

Today we discuss:

  • Firing the managers. What managers need to be focused on and the role they should be playing in today’s workplace.
  • The importance of the value zone. The employees that interact with the customers directly and why their satisfaction is the goal.
Customer satisfaction isnt the goal, it's the result. The goal is employee satisfaction. Click To Tweet

Listen in now as he elaborates and also answers Mark’s tough question of the week; Tell us something that we don’t know about what makes a manager great.

TIP OF THE WEEK

Mark: Learn more about David Burkus by going to his website at DavidBurkus.com. Also, check out his book, Under New Management: How Leading Organizations Are Upending Business as Usual. 

Scott: Go to HowToFascinate.com and take the personality test. It will tell you how the world sees you. Take advantage of the insight and leverage it to your advantage.

David: Check out his resources at DavidBurkus.com/Resources. There are a lot of evidence-based resources that can help you work smarter and lead smarter. Also, go to Radio Free Leader.

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Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Is Multifamily Investing For You? Everything You Need To Know
Mar 23

Is Multifamily Investing For You? Everything You Need To Know

In today’s episode of The Art of Passive Income, Mark and Scott talk to Jake Stenziano and Gino Barbaro, experts in multifamily real estate investing.

Their business, JakeAndGino.com, is a real estate educational company that offers coaching and training in real estate investing. They also co-authored Wheelbarrow Profits: How To Create Passive Income, Build Wealth, And Take Control Of Your Destiny Through Multifamily Real Estate Investing, along with many others.

These Wheelbarrow Buddhas take pride in providing value to their tenants at an affordable rate, which they term as modern affordability. They buy properties from Mom & Pop operations and reposition them, providing value to the tenants.

We discuss the process of DUE DILIGENCE and why it’s the most important factor that will save you time, money, and headaches in the long run!

The key is being patient and persistent but willing to walk away during the negotiation phase. Click To Tweet

We also discuss:

  • The process of providing value.
  • The managing aspect of it.
  • And the 3-step process of repositioning!

Listen into this very informative episode as they tell us why they chose multifamily over all the other real estate niches.

TIP OF THE WEEK

Mark: Learn more about Jake and Gino at JakeAndGino.com.  

Scott: Read the book, Get Smart!: How to Think and Act Like the Most Successful and Highest-Paid People in Every Field by Brian Tracy.

Jake: Vertical integration. Start from the ground up, brick by brick. Control everything from the lease, acquisitions, on-site management, etc. Start your own managing company, control every aspect of it and grow from there. 

Gino: 1. Be able to walk away from a deal. If you’re emotionally attached to anything, you have less power; don’t lose that power.

2. Start with the end in mind. Whenever you do something, start with what’s going to end up at the end. What do you want to accomplish?

3. Get out of your comfort zone and be uncomfortable. It’s okay to be uncomfortable because that’s the only way you grow in life.

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Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

You Need To Embrace Hearing The Word NO
Mar 16

You Need To Embrace Hearing The Word NO

In today’s episode of The Art of Passive Income, Mark and Scott talk to Andrea Waltz from GoForNo.com and co-author of Go for No! Yes is the Destination, No is How You Get There.

Andrea helps people get over their fear of failure and rejection and today she talks to us about getting over and beyond the word NO and how you should not view it as a failure but as part of the destination to get to YES.

How do you get over the disappointment or feeling of failure when you hear the word no?

  • Control how you respond with your actions and behavior—keep your actions positive.
  • Never berate yourself!
  • Set a daily or weekly number of NO goals and collect that number of NOs.
No matter how strong we are, the fear of hearing NO stops us from doing so many things. Click To Tweet

Listen in as Andrea delves into the importance of the word NO and how it helps lead you to your ultimate goal. She also answers Mark’s tough question of the week—Tell us something that we don’t know about selling.

TIP OF THE WEEK

Mark: Learn more about Andrea Waltz and go to her website at GoForNo.com

Scott: Check out the app BaiBoard 3. It’s an online whiteboard where you can collaborate with your team on a shared whiteboard.

Andrea: Read the book The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz.

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Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Success In Under A Year—What Moved The Needle?
Mar 09

Success In Under A Year—What Moved The Needle?

In today’s episode of The Art of Passive Income, Mark talks to student turned coach, David Banales. David is CRUSHING Facebook Marketing, and today he shares his journey with us; from finding The Land Geek model to now, 10 month later—being able to retire his wife so she can be a stay-at-home-mom, devoting her time to their WHY. Family is what’s important to the Banales family, and land has helped them secure their future. Plus, David is on track to retire his father this year from their family owned business!

How did he do it in such a short period? He attributes his success to:

  • Taking massive action
  • Going the extra mile
  • And being persistent!

David, who is now coaching others on Facebook Marketing, shares the biggest mistake he sees others making when it comes to their marketing. Plus, he gives advice to those on the fence about which step they should take first.

The more you learn about yourself, the better equipped you are to help others. Click To Tweet

David also shares with Mark that he found the county search to be the hardest. So how did he overcome the challenge of finding a county?

Listen in to find out now…

TIP OF THE WEEK

Mark: Get the Geeky APP— Lumen5.com. It takes a blog post, automates it and creates a video—and its free!

Also, get wholesale land at Facebook.com/SimpleLifeLand

David: Read the book Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Tim Ferris

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Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Why Is Real Estate The Best Option For Passive Income?
Mar 02

Why Is Real Estate The Best Option For Passive Income?

In today’s episode of The Art of Passive Income, Mark and Scott talk to John Sonmez, founder of SimpleProgrammer.com. He created Simple Programmer with the goal of making the complex, simple. He is also the author of Soft Skills: The Software Developer’s Life Manual.

John puts all of his effort into Simple Programmer now, having retired from real estate at a very young age he tells us about how he managed several passive income revenue streams and why he found real estate the true passive income model.

Why is it the best option?

  • It produces a high yield.
  • It has such a low risk.
  • It will always exist!
Real estate is the only thing I consider true passive income because it always exists. Click To Tweet

Listen in today as we get super geeky and talk about everyone’s favorite words: automation, real estate, and programming…oh my!

TIP OF THE WEEK

Mark: Learn more about John Sonmez by checking out his website SimpleProgrammer.com. 

Scott: Check out WrightsNotes.com. It’s a website where you can create your own customized notebook. If there’s a format that you want to follow on a daily basis or a format that you want to stick to, you can create the entire notebook based on the design you want.

John: Go to a Tony Robbins’ Unleash the Power Within event, or pick up the DVDs or digital copies, if you feel stuck or if you feel like you can’t do things and there are a lot of things holding you back in life. He’s a great resource to get you unblocked mentally and helps you really connect with your passion.

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Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?