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Money School Elite unlocks non-obvious insights to grow your net worth, keep it secure, and create a legacy that lasts. Straight from your peers…High Net Worth individuals, leaders, and experts on the cutting edge. Each episode features interviews with guest experts, sharing unique insights, strategies and tactics for real-world application We seek out guests who are unafraid to challenge the status quo, do the uncommon, and share openly. So you get the stories, the experiences, the lessons learned…straight from your HNW peers in their own words. Not the words of your financial advisor or an AI tool.

May 17, 2019

We’re often led to believe that money is difficult to attain, and as a result we believe it’s normal to not reach our goals. However, there are people who are overcoming a lack of funds. How can you create massive success for your business? Where do you begin to delegate and create a database?

On this episode, founder of Multifamily Investor Nation, Dan Handford is here to share his secrets to success.

You can dive into it and make mistakes, or you can go out and find someone who has already gone through it. -Dan Handford

 

Three Things We Learned

Find a mentor

Find someone who can help you achieve the specific goals you set for yourself and your business. By approaching someone who has already experienced certain difficulties, you can avoid making the same mistakes they have.

The importance of networking

Your net worth is always equal to your network. Make sure you’re building relationships in advance. By meeting with people in person before doing business with them, you’re creating a database of potential clients. The right time to network is now.

Delegate

As a business owner, it’s natural to want to lead. However, accept that there will be times that it’s better to delegate tasks to others. This is a difficult decision to make, but it is the only way to scale your business.

 

There are so many opportunities to build our businesses. To make the most of those, we need to be building contacts with potential clients from the start- before we are doing business with them. We also need to know when we should delegate to others, or trust the opinions of others. Think like the wealthy: if someone else has the ability to do something, or has experienced it before you, hire them to set you on the right path.