Dolmar Cross has successfully implemented strategies where he can now run both his wholesaling and rehabbing real estate business virtually. How did he do it? He built the vision for his dream lifestyle first and then worked on the business to support his dream. He realized in the beginning that he could not automate his business overnight, so he broke down each piece and task the business needed and found ways that he could replace himself from it. Find out more about his story and how he does what he does in today’s show.
Key Takeaways:
• Dolmar has been able to successfully automate his business and only invests in properties virtually now.
• Dolmar has been in the real estate business for the last 12 years.
• There wasn’t a course that was teaching Dolmar this stuff. He had to figure all this out on his own.
• How does Dolmar do all this virtually?
• Dolmar relies heavily on systems so he can spend more time with his family and less time worrying about the business.
• Build your dream and ideal lifestyle first and then build your business around that lifestyle.
• Start with the end in mind.
• How did Dolmar setup the right systems for his business?
• Dolmar says you need to start by working on a mind-map. This mind-map took him about 2 months to create because he kept adding onto it. Check out the mind-map here.
• Do your market analysis on the area you want to break into.
• Put everything that needs to be done in your business down on paper, and then see what it takes to remove yourself from each of those tasks. Can you automate it? Can you hire someone to do it?
• When you’re just starting out, understand you won’t be able to remove yourself from the business overnight.
• Dolmar breaks down the marketing and lead generation side of his business.
• Dolmar is breaking into radio as a new form of marketing.
• It’s important to hire rock star people who can handle themselves and their own tasks.
• How does Dolmar find his talent?
• Dolmar breaks down the three major challenges for people who are just starting out.
• Commit to your marketing strategy for at least three months.
Mentioned in This Episode:
14-Day Free Trial of FreedomSoft Here
Check out Prospect Master Here
Rich Dad Poor Dad by Robert Kiyosaki
Tweetables:
“I wanted to first map out my dream lifestyle and then build my business around that.“
“First start with the end in mind. Create a vision for your life first.“
“You have to be slow to hire and quick to fire.“
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