Nothing in life is free.
So, a lot of people ask me for real estate investing help and info and guidance. They basically want me to teach them how to do deals. For free. :-/
I just can’t do it…
I’m a giving person, and I want to be generous, but I also want to be fair. (Though, I do have my free podcasts that people can listen to where I share TONS of REI knowledge.)
One reason is because it wouldn’t be fair to the people who are paying me for my coaching services.
Here’s something else… as I was reflecting on my many years of teaching and coaching, I’ve noticed how the people who want my time for free, turn out to be the ones who seem to appreciate it the least. 🙁
I’ve seen students who start out with virtually nothing, but turn into superstar investors. Then there are some who—because they are starting with nothing— seem to feel that others should pave the way for them.
But the thing is:
- We value what we pay for. The more you pay for something, the more you value it.
- The best way to learn is by doing.
Over the years, I’ve given out free books and invited people to join a conference for free as my guest and sat down with people for coffee and let them fire REI Qs at me… and know what happened to those people?
Not one of them did anything with what I taught them. No action. No deals.
Such a sad shame.
Look, if you want to ask an experienced investor for help… you have to approach them with the value that you bring to them. 2-way street, folks. How can you help them?
Offer to do some tasks they don’t want to do: Make offers. Mail the marketing. Make follow-up calls. Drive for dollars.
See, you can’t expect people to just hand over all their time with no exchange of value. You help them, and they’ll help you in return.
Besides, you’ll truly learn by taking massive action.
Learn to respect other’s time. And learn to respect your own time. Don’t give it away carelessly.