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Ep 555: What Can You Learn At A Hivemind Event?
Manage episode 434250581 series 3413169
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In this episode of the Hive With Us Podcast, the hosts reflect on their recent successful event and share valuable insights they gained. The conversation covers topics such as leveraging real estate strategies, the importance of consistent practice in developing unconscious competence, and the value of staying mentally and physically fit to succeed in business. The hosts emphasize the significance of having meaningful conversations and making numerous calls to build expertise and secure deals in real estate.
Chapter 1: Insights from the Event (0:00 - 2:30)
The hosts discuss the highlights of their recent event, including a unique strategy for dealing with properties that have liens. They share how buying a property subject to a lien can allow for negotiation to reduce the debt significantly after purchase, a tactic that can lead to acquiring properties with clear titles at a lower cost.
Chapter 2: Developing Unconscious Competence (2:31 - 5:00)
The concept of "unconscious competence" is explored, where repetitive practice in any skill leads to effortless execution. The hosts relate this to their experiences in real estate, where constant practice has made complex tasks second nature.
Chapter 3: The Power of Consistency and Repetition (5:01 - 8:00)
Repetition is key to mastering any skill, especially in real estate. The hosts emphasize the importance of consistent practice, whether it's making cold calls or engaging in negotiations, to build confidence and proficiency over time.
Chapter 4: Mental Toughness and Physical Health (8:01 - 12:00)
The hosts discuss the connection between physical health and mental toughness in business. They highlight how maintaining a strong body through exercise can help in overcoming the mental challenges of cold calling and negotiating deals.
Chapter 5: Strategies for Accelerated Learning and Success (12:01 - 19:41)
To achieve success faster, the hosts advise making as many calls as possible and tracking progress using a paper calendar. They also discuss the benefits of staying focused, avoiding distractions, and immersing oneself in the real estate business to identify and seize opportunities effectively.
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