The CEO REI Business Mastery Model is the exact model that GuruElmer uses to run a successful real estate investment shop. During the first week of this mini course we discuss the model from a
The CEO REI Business Mastery Model is the exact model that GuruElmer uses to run a successful real estate investment shop. During the first week of this mini course we discuss the model from a helicopter view
CEO 2.0 Business Mastery Why Your Real Estate Business Is Guaranteed to Fail? … What to Do About it.
Problems with Most REI Business First Problem-Technique Driven Business Second Problem- The Lone Ranger Approach Third Problem- What Entities to Use To Grow and Protect Their Assets Effectively & Efficiently
#1 Problem with Entrepreneurs #1 Problem with Entrepreneurs is after 18 month no-management –system infrastructure What is Your Challenge?
What to do about it? The Three Most Important Segments of Your REI Business Step by Step on How to Start & Run Your REI Business Steps You Must Follow to Build Your “Dream Team” What Entities to Use in Your Business
Business System Gary Keller, Owner of Keller Williams Realty, interviewed over 100 investors in the United States for the book “The Millionaire Real Estate Investor”
Business System “The Book was such a hit” That Gary Keller decided to make a DVD featuring 2 of the 100 + investors that were interviewed, and Elmer Diaz and our Pasadena, Texas Franchise was selected as one of the two investment companies for the DVD
What would it take? Do Know the Definition of Insanity? Change Your Paradigms Persistence
3 Other Profound Business Books E-Myth by Michael Gerber Rich Dad, Poor Dad by Robert Kiyosaki 4- Hours Work Week by Timothy Ferriss
7 Keys to Success in Life Develop the right Y Develop the right Attitude Define your Vision, Dreams & Goals Get Smart-Seek Knowledge REI Business Model Networking Wealth Mastery
Once you have your Vision Implement an Action Plan Speed of Implementation Do it NOW! If you are waiting for perfection you will go broke Take Action NOW! And Twick it as you go… Are you trying to crawl, walk, or run to success
3 Question You Must Ask Yourself? Is this a Hobby? Do you have time and money to waste? Is this going to be a business?
Trial & Error My Story Why ? Is all about Your Vision!
Attitude “If you really want to do something in life, you will find the way!” “If you don’t you will find the excuse.”
Define Your Vision Entrepreneurs are Problem Solvers-Opportunity Finders Solve Problems for people at a profit
What Do You Want To Build? Are You Going to Work “IN” Your Business? Or do You Rather Work “ON” Your business? … That is the key to building a Successful Real Estate Investment Business.
The Mentality of the “Wealthy” First and foremost, we have to educate ourselves on the concepts that make you wealthy!
Finance 101 Poor Class Mentality (Survival) Middle Class Mentality (Consumption) Wealthy Class Mentality (Net Worth)
The poor and the middle class live in a “rat-race” The Poor: Work for a Living-Go from Income to Expenses. Income comes after Taxes Income Expenses
The poor and the middle class live in a “rat-race” The Middle class: Work for a Living-Go from Income to Liabilities, then to Expenses- Income comes after Taxes & Assets are Liabilities Income Expenses Assets Liabilities
The Wealthy… on the other hand! Work for new assets-Money goes from income to assets, then to Entities Income Expenses Then back to Income. Entities Entities pay Expenses and Liabilities, then whatever left Pays taxes Assets Liabilities
BUSINESS MODELS E-MYTH MODEL RICH DAD-POOR DAD MODEL 4 HOUR WORKWEEK MODEL ELMERS CEO BUSINESS MASTERY MODEL
E-Myth Business Model Technician Manager Entrepreneur
Rich Dad, Poor Dad Business Model Employee Self Employed Business Owner Investor
4-Hr Work Week Business Model You Outsource Everything
What is Your Business Model? Traditional Corporate Structure Team Concept Structure NEW CEO 2.0 VIRTUAL BUSINESS STRUCTURE
Your Business Model Departments or Divisions Procesess Tasks Action Steps Everything else is a project that required the use of 1 or more divisions with its processes and tasks along with time tables and benchmarks
Analyze Your Actual Business How are you doing on cash flow-Are your Finances in Order Re-arrange Expenses Paid Now Paid Latter Re-structure Debt Cash Coming Now New Revenue Generators
Analyze Your Actual Business Look at the Systems that Need Implementation Prioritize based on Quick Cash Flow & Quick Implementation Time Tables A-Money Today B-Money Tomorrow C-Needs to be done (sometime) Bench Marks (based on priorities)
Welcome to the CEO 2.0 BUSINESS MODEL Your Road 2 Success, Freedom and Wealth.
Where Do you Need to Spend Time? Is it in Marketing Is it in Production Is it in Business Management Or is it in Cash Flow Stop the leaks and drain Start Cash flowing