2022 was a great year and as we conclude the first season of Uncontested Investing, I want to look back on all the experiences and lessons, so we can take them into 2023 and use them to grow further.
Listen now to discover what I learned in 2022 and how these lessons and experiences have prepared me for this year!
Key Talking Points of the Episode
00:00 Introduction
02:09 How can you help us provide more value?
03:42 What should you be focused on if you wanna succeed in business?
05:08 Why is it important to always have a plan?
06:01 What has changed since I started in real estate?
07:00 How can you ensure demand in real estate?
11:09 What happened to me in 2022?
12:24 What is so important about surrounding yourself with like minded people?
13:38 What benefits can you get from joining masterminds?
15:45 How did RCN Capital get through 2022?
16:59 What is the importance of believing in delayed gratification?
18:09 How can you plan for your success effectively?
22:01 What is the true value of networking?
23:46 How can you overcome the challenges you will encounter?
25:45 What should you do this year to achieve success?
26:21 How were we able to execute the plan to start this podcast?
30:09 Why shouldn’t you be buying using the same numbers from 6-12 months ago?
31:01 Why is it still a good time to buy real estate today?
32:25 When should you be looking for money for your deals?
Quotables
“What I found after 21 years in this industry is you don’t know what you don’t know. No one knows everything and everyone knows something.”
“The point is you’ve gotta have a plan and you’ve got to plan your work and work your plan, and don’t let your work, work you.”
“You should not be hoping or wishing, you should be planning.”
“The thing about food, water, and shelter is as long as you provide a quality home at an affordable price, I think you’ll always have demand.”
“When you network and meet other people, you actually get on the ladder where they’re at. You can skip all the wrongs that they had to climb.”
“You have to wait, you have to have a plan, you have to work towards that end goal.”
“Having a plan and delaying gratification is the number one way to be successful.”
“Don’t keep doing the same thing, expecting the same result – that’s the key!”
“Now is the time to formulate your plan. Now is the time to get your capital in a row, then go execute on your plan.”
Links
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK
Instagram: Tim Herriage