This week on The Flip King CEO, Joe Evangelisti talks about the one thing every business owner wants to do: Create an unfair advantage over competitors. As he says, even though it’s a simple concept, people make it super-complicated and end up creating chaos and then scaling chaos. Joe walks through his five steps to creating an unfair advantage on this week’s episode, making it a must-listen.
The first step to creating an unfair advantage, Joe says, is defining who you are. Now, what does that mean? It means finding your unique ability, what makes you really happy and allows you to bring massive value to your work. If you’re not going to work every day loving what you do, then you’re not working within your unique ability. One way to find it is to follow the steps outlined by Strategic Coach in their book, Unique Ability. No affiliate link or anything, just a strong recommendation. Check it out in the links below.
Once you find your unique ability, it’s vital that you identify what it is that you’re not good at, and what you don’t want to do, and either hire it out or delegate it out to another team member. Just because you don’t like it or you’re not good at it, that doesn’t mean someone else doesn’t want to take that on. But if you try to do everything, you’re going to feel that tension rising in you and that desire to not go into work. So it’s vital that you learn to delegate away the stuff that you don’t want to do.
As Joe says on this week’s Flip King CEO podcast, once you find your unique ability and you set up a team where everyone is playing to their own abilities, then you create your proven process. That proven process is how you and your team do what you do extremely well. Once you define that, then you put that proven process in place so the whole team is firing on all cylinders. How you go about doing all of that comes down to your core values as a company.
On this week’s episode of the Flip King CEO, Joe shows you how to lead with efficiency and how to create goals that everyone can chase. As he says, if you chase every little thing as it comes down the road, then you’re going to mess up. You’re showing your team you don’t have a true vision, and you’re just teaching them how to make mistakes. If this sounds like you, if you’re creating chaos, you need to listen to this week’s Flip King CEO.
This week on The Flip King CEO, Joe Evangelisti and his good friend DJ Thielen to talk through a really interesting approach he takes to real estate wholesaling. DJ is the founder of the Flipping on Demand Academy, which he set up to help people learn the ropes. As he says, there is rarely an opportunity to learn from a top professional and the mistakes they made (and that’s key), but Flipping on Demand is a truly unique venture. It’s a different approach to really helping people, and Joe and DJ break it all down on this episode.
Joe met DJ recently, and DJ told him all about his academy, helping people through the sometimes topsy-turvy learning process of getting into wholesaling real estate. And when DJ told Joe how much he was charging for the academy, Joe immediately told him he needed to charge more, that’s how much value DJ is providing to his academy students. Anyone who takes the course has full access to Joe and his team, which means he’s attracted everyone from the freshest beginners to seasoned pros looking to sharpen their game.
Wholesaling typically means going out and finding local properties for local investors. And as DJ says, there’s nothing wrong with the standard approach. But with conventional wholesaling, there’s always eventually a market correction. Eventually, the properties sell for less than what you or I may be trying to wholesale them for, and there’s no need for the wholesaler. So what DJ does is essentially the wholesale approach but for out-of-state investors who don’t have the same access to the market. DJ and his team invite the investors to Slack and keep them involved in the entire process. It’s like a red-carpet approach to wholesaling, and you have to hear him talk about it on this week’s Flip King CEO podcast.
As Joe says on this week’s Flip King CEO podcast, when the market is going crazy, everyone is a wholesaler. So if you have a wholesale business, what do you do when the wholesaler isn’t traditionally necessary? You go back to the relationships you build. DJ has been doing this for years, and he’s come through for investors in a major way. And his communication style means they know he’s always going to bring value for them, and that’s how DJ separates himself from the pack.
On this week’s episode of the Flip King CEO, Joe and DJ break down how to sense when an investor doesn’t have the money behind them they claim to have. There’s so much insight into what’s happening right now, including how banks are financing these days, why it’s important to “hunt some rabbits” rather than chase elephants all the time, etc. Really, this is two pros at the top of their game, delivering value for anyone in the real estate game.