Virtual Wholesaling for Dummies. TJ Hines aka Mrflipperhouse
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who was close to my family. In this short story we will reference him as Tim! The title of this short story is:
Slave Business Owner
Let me ask you a question if you were a business owner would you rather work in, or on your business? Hopefully you chose working on your business. 80% of business owners are working in their business instead of on their business. What becomes of this, is the owner becomes a slave in his own business and you may know someone right now who fits the bill. For example, take my Dad's best friend Tim. Tim owns the local pit stop store in our town. Tim is the sole owner operator in his business, which means his day usually starts around 4am. Sure enough, Tim is up the next morning at 4am, he continues on with his ritual, takes a shower, and puts on his dress attire for the day, pours a cup of coffee and then heads out the door by 5am to beat the early morning traffic. Tim opens the doors to his store 6am sharp every day and usually arrives by 5:45am on the button.
Tim has built a very strong clientele base in our town, so they all expect him to be there on time. Business overall is good for Tim; unfortunately he is a one man wrecking crew. Tim takes his last customer at 10pm! It takes him another hour or so to do the accounting, clean up, and to make sure everything is organized for the opening of the following day. From the time Tim awoke in the morning at 4am and the day finished at 11pm, that is whopping total of 19 hours; 17 hours without a break. Tim repeats this process Monday-Sunday 7 days a week. Tim is putting in about 120 hours a week; 119 to be exact.
Tim has a wife and two kids who he supports financially. Sad enough to say Tim has no time to spend with his wife or kids. Believe it or not, Tim has been able to keep this same regime for the past 5 years. Tim has officially become a slave in his own business. Within the 6th year of Tim's business, he has started to realize this is not how he intended his life as a business owner to be. Tim always dreamed of running his own business, but never would have thought it would come to this. At the ripe age of 40 in his 6th year of operation. Tim suffered a stroke from over exhaustion and stress. He was completely worn out can you believe that? Fortunately he was able to recover. This near death experience did something to Tim. He figured out his health and family were more important, so he decided to re-invent himself and his business.
This is what the newly revised Tim did. Tim decided to hire two employees Francesca & Jonathon. Francesca handled the morning shift from 6am-2pm Monday-Friday. Jonathon has the responsibility of closing the store down to 2pm-Closing! Tim came in on the weekends sparingly. He worked the morning shift on Saturday and Sunday Morning from 8am-11am. He only did this to make sure his face was still transparent to his business. Now that Tim has all the free time in the world. He had a chance to experience all what life has to offer. Now Tim is able to spend more quality time with his wife, see to it that he spends social and recreational time with his kids. One of the biggest gifts Tim discovered from this near fatal death experience was the opportunity to work in his business. Tim has now created a situation where time was working for him, not against him! Tim realizes he has more time on his hand he can deal with. Every morning from 7am-10am he would lock himself in his home office and brainstorm ideas on how he could make his business thrive more by doing less. He started coming up with creative ideas on how to scale his business.
Tim finally has one of those ah ha moments and he quickly figures out a strategic marketing plan to bring in more customers. Tim has now converted from being a slave in his business, to business owner that works on his business. Miraculously, Tim's health is better now than ever before. He has seen a spiked increase in revenue. These results came from Tim's brilliant marketing strategic plan. I would say being a business owner that works on his business is more fun, cooler, exciting, and sexier, than a business owner that works inside their business. This story coincides well with knowing and operating a legitimate Virtual Real Estate Business. If you have never operated outside your local market, no worries! Don't have any fear. These tactics, strategies & techniques will allow you to grow and build a prosperous business from afar. In this one of a kind manual you will learn of the challenges you may face and ways you can easily overcome them. There could only be a few reasons why you bought this book, with the first one being:
1. You are doing deals from time to time, but not on a consistent basis because of,
2. Competition and Inventory is drying up or,
3. Maybe the word "Virtual" seems cool and fun.
4. Maybe you are crushing it in your local market and you are looking to step into new territory. I mean who doesn't want to expand? Whatever your reasons were for purchasing this book along with the questions you may have regarding is Virtual Wholesaling possible, be prepared to have all your questions answered here.
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