In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by:
- Tate Litchfield
- Erik Peterson
- Aaron Williams
- Mimi Schmidt
- Scott Todd
We start this episode off with a special thanks to Doug Kolb and all of our vets this Memorial Day. We also welcome Round Table newcomer, Mimi Schmidt to the panel!
Our first topic is OVERTHINKING this business—whether it’s the offer amount, the marketing approach, or the technical stuff, far too often people overthink this business so much it stops them from making progress.
Just do it, whatever it is. Don’t get into this spiral of getting too detailed and preventing yourself from making progress. -Tate
Mimi, who’s super analytical and tends to overthink shares the story of her beginnings when she made the mistake of sending out 0$ offer letters and one was accepted!
You’ll learn about the market by the responses you get or don’t get, it’s just that simple. -Mimi
Everyone goes over the areas of the business that causes them to overthink and then gives advice on how to change your mindset from overthinking it to letting go and taking action!
The consensus is, by putting too much thought into the task at hand you’re slowing down your progress. So allow yourself a fair amount of time to do the task, but don’t exceed your time frame. Then, take action. Adjust. Pivot. The goal is to continuously improve while moving forward. Striving for a perfection that may never come only slows down your progress and can even stall it. As Scott always says, Done is better than perfect!
Scott also talks about the changes that have been happening behind the scenes over at LandModo.com. With AB testing, buyer studying, and tweaking the response rates continue to rise dramatically!
Listen in for all the details…
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?