Image by Johana Peña from Pixabay
By Hector Padilla,
Broker, GRI, Accredited Investor
It’s no secret that a HUGE key to my success has been having time-proven and vetted mentors.
In 2007, I received an invitation to fly to Scottsdale, Arizona, to have breakfast with a billionaire.
If you had this opportunity, would you hop on a jet to go meet a billionaire? Do you think that I capitalized on this “opportunity of a lifetime”?
Yes or YES?
Image by Gerd Altmann from Pixabay
If you answered YES, then you are 100% correct.
Unfortunately, Bill the Billionaire* passed away in 2016 at the young age of 68. Very sad. In 1997, Bill was listed in Forbes Magazine as one of the 400 richest people in America.
Inc. magazine estimated Bill’s net worth to be in the range of $2.4 to $3.5 billion.
Let me share with you some of the lessons Bill the Billionaire taught me that I implemented into my real estate business. These solid strategies helped me purchase over $100,000,000 worth of real estate.
#1. A Daily To Do List = Millionaire Lesson.
A STOP doing list = Billionaire Lesson.
Focus on Money Making Action.
Image by Peggy und Marco Lachmann-Anke from Pixabay
STOP = The drama, TV, News Papers, Happy Hour, Social Media Addiction = Don’t be full of energy wasting activity.
2,500-year-old, time-proven wisdom = six days of skilled labor, and one day of rest.
#2. Finish your day on paper before you start.
Needs VS. Wants.
What NEEDS to be done today?
What do you WANT to do today, but can be pushed till tomorrow/next week?
Who can you delegate your tasks too?
#3. You must do what is important, BUT not urgent:
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The fundamentals of success are important = Reading, Audio, GYM, Meditate/Prayer, Prospect, Lead Follow up.
It takes discipline & focus to do what is Important, but NOT urgent.
The masses run around like a chicken little, doing what is urgent, but NOT important.
#4. You can NOT earn $1,000,000 a year doing a $12-hour task!
If you do NOT have an assistant, then you are an assistant.
How can you delegate and empower?
Image by Gerd Altmann from Pixabay
#5. Remain in control, BUT not in charge of Daily Minutia.
YES, control your business. But NOT the day-to-day operations.
Focus on wealth creation.
Focus on prospecting and networking with people of substance.
#6. The broke & Billionaires have 24 hours in a day.
How do Billionaires get more accomplished?
They buy time by being a blessing.
HOW? By recruiting a skilled team. Then, they delegate and outsource.
YOU become a blessing by creating jobs and opportunities.
#7. Don’t be the FLY on the window.
Don’t bang your head on the widow, till your death, with WRONG repetitive activity.
Land, re-anchor yourself to find a new proven path to wealth and time freedom
Image by Ronald Carreño from Pixabay
#8. Leverage of Time and Expertise.
Recruit a skilled TEAM and a proven vetted Mentor/Coach/Chairman.
A mentor/coach/chairman can show you how to create exponential growth, so you can earn more in the next 12 months than you have in the last 12 years.
#9. Goals VS. Values:
Goals change like the weather.
Values are consistent like the climate.
Paycheck Goals VS. Family Values
#10. Pocket Promises.
Goals VS. Promises. What is the difference?
When you promise your mother, wife, daughter, family, friends, staff that you will accomplish “a promise you made them” you have a 90% chance of accomplishing it, as long as you have a written Plan of Action.
If you fail to plan, you are planning to fail.
Image by Gerd Altmann from Pixabay
Plan your work and WORK your plan.
Remember, as human beings we tend to do more for others than for ourselves.
Write down your TOP 5 Promises on an index card with a simple Plan of Action on HOW you will accomplish your Pocket Promises.
Be sure to read your Pocket Promises three times per day.
I once asked Bill: “Knowing what you know now, what business would you get into?”
He replied, “Find a NEED that the masses have and provide a solution”.
For me Real Estate is that NEED.
People NEED a place to live, work and play = Real Estate.
Plus, in what other Time-Proven Business can you buy an asset with NO money and terms?
Creative real estate investing opens the doors to that Billionaire Lifestyle, that so many of us desire.
Learn about Hector Padilla, Broker/GRI
*For privacy reasons, Bill’s last name has been purposely omitted. Mr. Padilla owns and operates HP Capital Investments, Inc, a real estate acquisition and investment firm in Los Angeles. Be sure to follow Mr. Padilla on Instagram #MyChairmanHP
