What Do You Need to Be Successful in Business?
What Do You Do?

Many people caught in the trap of working 9-5 for someone else begin to ask ‘what do you need to be successful in business?’ Success in business has a lot to do with what profession you choose. What you decide to do in a trade or business is going to make a lot of difference. You can learn a lot of practical skills online. You can learn a lot of practical skills offline. You can take all kinds of training. Everyone says you ought to do what you really love to do.

Well. That’s okay with me.  I’m not a counselor of any kind. I’m just a guy that works at a business. I’ve been very successful at it. I’ve been doing the same thing for 30 years. I found a home-base business that works for me. It is just a subset of real estate, which was great, because a lot of people understand real estate. 

I know why you want to be in business because you want to have extra money. You don’t want to have a job. You don’t want anybody telling you what to do. Well, I get all those things. Most of you want to be wealthy. Some of you want to be famous. 

I’m going to talk about a business that I was able to do that makes good money, was growable and had plenty of abundance. But where are you on the scale? I don’t know where you are on the scale, but traditional business is what I talk about and I want to make it scalable, but I don’t want to make it so hard that you can’t do it.

What Do You Need to Be Successful in Business?
The Formula for Success

what do you need to be successful

If you’re wondering what do you need to be successful in business, here it is:

  1. You’re going to need a lot of determination.
  2. You’re going to have to be really focused. 

Oh boy, the concentration is the hardest part of the whole thing. How are you going to concentrate when everybody in your family wants your time? When your friends want your time. You even want to have your own time! Well, you’re going to have to concentrate and be to determined that you’re gonna make money.

Now, millions of people are employed in all these different businesses. If you don’t fall in love with the business, that’s okay with me. 

Here is an example of a great service: across the United States, there’s millions of properties. Of these properties, only 1 to 2% go to auction. When they go to auction, the county has those properties. So I just designed a business and I said, well, I’ll help the county out. I’ll buy these properties at high discounts and then I’ll resell them. Now, do I always get retail price for the properties? No, but I get a profit out of each one of them.

A business I found is involved in all 3000 counties across the United States. It turns out some people don’t pay their property taxes and when they don’t pay their property tax, the local government has to do something.

So what are they do? They confiscate the property and they’re going to sell it. Well, they sell it at 60, 70, 80% discounts. Now folks, you don’t have to be an educated person with a Harvard business degree to figure out if you can buy a property with 60, 70, 80% discount and it doesn’t have a mortgage, it’s probably going to be a business you could use. 

If you’d like to get started today, you can begin now at no cost by taking advantage of Ted’s FREE Master Class. It’s only about 1 hour of streaming video and will open your eyes to the incredible opportunities available in tax delinquent real estate investment.

What Do You Need to Be Successful in Business?
Tax-Defaulted Property Investing

The business that I’m talking about has been around for 200 years but they’re not telling anybody about it. So when I discovered it, I was absolutely delighted. I could find properties in every county. Now, if it was a large county with large population, there was hundreds or sometimes even thousands of properties that were going to auction. 

Now, look, I’m not a CPA. I’m not an attorney. I’m don’t have an MBA. The only wisdom I have about what do you need to be successful in business is experience from doing this. If you don’t get revenue, you don’t have a business, but I’m going to tell you the business I got in there was millions of properties nationwide that I could buy for pennies on the dollar. It was a government program. 

So all I had to do is figure the business out and I could do that. I didn’t need a couch. All I wanted to be in business for was to generate revenue and help other people.

What Do You Need to Be Successful in Business?
Conclusion

In this business, I’m solving someone’s problem. As a matter of fact, I not only solve the county’s problem, what about the people that can’t afford housing? Well, they can’t afford it, but they can afford mine.

I don’t know which business you’re going to create but I start out with revenue. Then I go to marketing and sales and then I figure out all the little details. I’m not going to give you 150 things that you need to do on your marketing plan. And I’m not going to tell you here’s a five page business planning document so you can get started.

Now, if you get involved in real estate, especially tax-defaulted property investing, then I suggest you take a course and find a mentor. It’s a lot more complicated than traditional real estate, but it’s worth the trouble of learning.

If you’d like to get started today, you can begin now at no cost by taking advantage of Ted’s FREE Master Class. It’s only about 1 hour of streaming video and will open your eyes to the incredible opportunities available in tax delinquent real estate investment.


Follow me on:
What Do You Need to Be Successful in Business? 1 What Do You Need to Be Successful in Business? 2 What Do You Need to Be Successful in Business? 3 What Do You Need to Be Successful in Business? 4 What Do You Need to Be Successful in Business? 5 What Do You Need to Be Successful in Business? 6 Share my blog here:

Recommended Posts