William Goldberg, together with his business partner Paul, took off a land flipping business idea – WG Lands (now Discount Lots) – from $0 to $50 Million in only 3 years.
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Guest Resources
DiscountLots.com – Find the right property for you!
Discount Lots on Tiktok – Check out Discount Lots on Tiktok!
William’s Email – Connect with William via email!
3 Value Bombs
1) It’s best to go for the most expensive person when hiring for a position or a project.
2) Vacant land investing is the best niche in real estate that nobody talks about.
3) Go out and try things, and do not be afraid to fail.
Sponsors
Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!
HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Scaling to $50 Million Per Year in Land Investing
[1:36] – William shares something he believes about becoming successful that most people disagree with.
- He believes you should go for the most expensive person when hiring for a position or a project.
[4:03] – What is vacant land investing?
- Vacant land investing is the best niche in real estate that nobody talks about.
- There are a lot of ways to invest in vacant land.
- You can buy a vacant property for a low monthly payment
[6:26] – How did you turn this sleepy industry into an e-commerce machine?
- He learned about his first business through a podcast.
- He focused on Amazon eCommerce.
- He utilized his Amazon eCommerce experience to build a trusted marketplace.
[9:40] – What system did you create to find real estate deals at significant discounts?
- They have a few different teams that help them acquire properties at significant discounts.
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- Team of cold callers generating tons of leads.
- Sales team.
- In-house closing team.
- VA service for other investors.
- They are using a modern data approach.
[13:10] – A timeout to thank our sponsors!
- Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!
- HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.
[16:43] – How can you manage Key Performance Indicators and data to help systematize your business?
- Track everything.
- They have about 250 KPIs that they systematically track regularly.
- Every employee and department has specific KPIs to account for and monitor.
- All KPIs are used as a guide to grow and scale.
[19:51] – What should be prioritized if someone is looking to grow to a 100-person company?
- Have a goal and do what it takes to reach it.
- Learn as you grow, and reach out to a mentor.
[23:29] – Key takeaway and call to action.
- DiscountLots.com – Find the right property for you!
- Discount Lots on Tiktok – Check out Discount Lots on Tiktok!
- William’s Email – Connect with William via email!
[26:38] – Thank you to our Sponsors!
- Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!
- HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!