Real estate entrepreneurs waste money on recurring systems they don't need. The speaker spent $50,000 on a YouTube system and $36,000 on luxury direct mail, then learned to hire a virtual assistant instead to free up 30-40 hours weekly for actual deal-making.
$50,000
$36,000
30–40 hours
Where can you cut expenses in your business without hurting the business? There are times in the business where things are going maybe deals are running a little bit easier and you tend to sign up for this monthly recurring thing or members come into our world after spending 50,000 on a YouTube system for a year that generated nothing, 36,000 on a luxury farming direct mail system that generated nothing. Right? So you don't want to get into this habit of thinking when there's money there you're going to spend it. Where can we cut expenses in the business without hurting your business? Most everything we do it's definitely on the lower cost side or no cost side in terms of generating business and then even just hiring a virtual assistant. Super smart, super driven. There's no degrading their skill set. But you can bring in just one virtual assistant to take over 30 to 40 hours of administrative work so you can double down on the doll productive activities.
