Speed of Implementation

I think a major challenge that most of us have, myself included, is that we think we must learned every little detail about something before we can actually get started. I’m not sure if it’s a fear of failure or if it seems to complicated to do or maybe you grew up being told,”If it’s worth doing, it’s worth doing right.”

The reality of the situation is that we need to know just enough to get started. Then we must immediately put it to practice in our life, relationships, and businesses. Through the act of putting this new found knowledge into play, you actually learn even more, you make mistakes that force you to continue learning, and most importantly you get the results you are looking for much quicker.
Here is an example of what I did with what I learned at the last Renegade Detroit Investor meeting. Drew and Jared gave a great presentation on building fan pages. It included how to build simple fan pages, create a landing page, implement video into your fan page, setup rss feeds, setup blogs, and most importantly, give your vanity url.

I have never done any of this before in my life. I went home that night and implemented 90% of what they told me to do. I admit I got a little stuck so I had to wait until later that day to get some help. I say later that day because I was up till 4am in the morning. Jared answered a few of my technical questions and I finished the last 10%.

At this point it had been about 15 hours since the meeting. By 9pm at night, 24 hours after the Renegade Detroit Investor meeting I had 31 fans and my vanity url which was awesome.

Check it out here:
Detroit Real Estate Fan Page

The exciting part is I already have people interacting on my fan page and asking me questions. I feel that I will get some business out of this tool very shortly. All of this happened because I immediately implemented what I had learned.

I’m not saying this to brag. Personally, I need to be aggressive with my speed of implementation because I know that if I don’t start right away, it will be the project that never gets done. This is a challenge for me constantly with all of the demands on my time.

So for me to be successful, I must have a high speed of implementation.

For those of you who missed this meeting, I did record a few clips that I posted on Renegade Detroit Investors Fan Page.

Check them out here:
Metro-Detroit Real Estate Club Fan Page

Be a Renegade,
Jeremy Burgess
The Detroit Market Expert

Real Estate Market Recovering?

Is the real estate market in Metro-Detroit recovering? We have limited supply, increasing prices, and what seems to be more buyers. Less houses are for sale. Taking all that data, it sure sounds like a recovery but I’m hesitant to call it that. What has spurred our economy to have this turnaround lately? I’ll agree we’re doing better but I don’t know if the real estate market should be turning around as quickly as how it appears to be turning around. This coming from the ever-optimist. I’m, however, a realist.

Where did all of the inventory go that we had last year? What happened to all of the foreclosures that were coming and all of the inventory that the banks were going to have? I think they still have it. Where else would it go? I can take you down any street in Detroit that has boarded up houses that aren’t for sale. Sure, some of these are just caught somewhere in the process but many of them are just being held by the banks. These houses would have been sold if it were the market 2 years ago when banks needed money but deals with the Government and shored up financials now have the banks sitting on the houses to not flood the market. I don’t know if there was a behind the scenes deal with the government to have them hold on to houses or what but either way, they’re losing out.

What happens to a house that sits in Detroit for 6 months vacant? What about 12 months or 24 months? What I know from experience is the loner it sits, with the poor security that banks use, the more of a chance it will be vandalized or be opened up to the elements. Keeping a house around that long vacant is going to make it pretty worthless. Also, they’re creating a false bottom in our market and false positive signs. That is unless they have endless resources to hold on to the houses and trickle them out over the next 5 years.

I don’t know what’s going on but it doesn’t seem like just a great recovery right now. What do you think?

Be a Renegade,
Jared Pomranky

No Short Cuts to Success

It seems that in the pursuit of the American Dream another idea was born with it. The idea of short cuts to success. Some idea or way of doing something that will guarantee success instantly with little to no effort on your part. I call them get rich quick schemes and yes, I have even fallen as prey once or twice myself.

I see so many people ignore ideas and plans that would make them money in six months for the chance at a instant riches with some new get rich quick scheme. It saddens me because many of these people never try again or worse, they move from one scheme to the next never making any money. We all know these people and many of us have “dabbled” in it ourselves.

Deep down we all know that there are no short cuts to success. My question then is why do we keep looking for the magic pill when we know it doesn’t exist? Because the answer is too daunting and requires so much work and time that we can’t ever see ourselves as actually being rich.

When we sat down to discuss the name of our local investment group, we put a lot of thought into it. We didn’t just pull the name out of the hat. Renegade Detroit Investors was chosen to shake things up and to change the idea of what real estate investment groups can be like. For those of you who attend our meetings, you have had some amazing speakers at various stages of there road to success who have achieved great things. Not once has a speaker given you a get rich quick scheme.

Our Renegade speakers all had one thing in common. They did something every day to get them closer to success. It’s amazing how one thing a day can completely change your life in a few short years. They became Renegades by shunning the desire for instant riches and short cuts to success and focused on doing just one thing a day. We can all do just one thing a day and when you think about it that way, the road and idea of success becomes far less daunting and much closer to becoming a reality.

My father said something to me as a child that sticks with me till this day and it has really helped me keep my expectations in line. “So what if it takes years, you are going to live that long anyway, you might as well be successful.”

Be a Renegade,
Jeremy Burgess

Where Is Your Focus?

What do you do all day? Where is your focus? Do you work hard every day and are always busy but don’t seem to ever get much completed? If so, you’re not alone. Many people suffer from the information and technical overload that is so prevalent in today’s society. We are bombarded by news, email, twitter, facebook, blog posts (keep reading this one!), and all sorts of electronic media that takes our attention away from what we should really be doing. Many times these small tasks and interruptions keep us from doing the one thing that could make a significant impact on our business.

I got the following from Brian Tracy’s book, “Eat That Frog”. What he says is that when you get into work in the morning you need to identify the 1 thing that will make the most significant impact on your business. It may not be something that you really want to do but it’s something that will help your business out the most. You need to sit down and complete that task before you move on to anything else, which includes before you talk on the phone, check email, tweet about reading a great blog or update your facebook status. Get the task done then move on to the next task that will make the most significant impact on your business.

Focusing in this manner will force you to complete your most difficult tasks but also the tasks that will create the biggest impact. You’ll then find that you end up fitting in all of the small tasks in about an hour in between the big tasks. A laser like focus is key in these situations because we have so much that can distract us. So many times when you let something small distract you, you end up skipping from small task to small task and eventually forget what you were doing in the first place!

You don’t have to get it perfect right away but make sure that you realize when you’ve gotten off task and lost focus. In this way you will be able to pull yourself back and see where you lost the focus.

What are some techniques that you’ve found keep you on task and focused?

Be a Renegade,
Jared Pomranky

Everyone is in sales

Whether you are a small business owner, corporate employee or even unemployed, you are in sales. Everything you do involves sales and the better you are at sales, the better your relationships will be, the more money you will makes, and the quicker you will advance in your chosen business or profession. Because of this it is important that you work on and hone your sales skills on a daily basis.

I think the challenge most people face is the perception that sales is somehow bad or deceitful. The image of the cigar chomping used car salesman comes to mind. Some feel that to sell is beneath them or they worry about how people will view them. The reality is that sales is form of persuasion.

One of my favorite books on sales is “Little Red Book of Selling” by Jeffrey Gitomer. While there are many good and even great books on selling, this book is very succinct, easy to read, and covers the “meat and potatoes” of sales. In it Jeffrey Gitomer covers his 12.5 Principles of Sales Greatness.

  1. Kick your own ass. Motivation and inspiration is your responsibility, no one else’s.
  2. Prepare to Win, or lose to someone who is. Winning requires a plan and preparation. It doesn’t happen by itself.
  3. Personal branding is sales: It’s not who you know, it’s who knows you. Be known as an expert in your field. Be known as a resource for your friends and clients. Be known as a hard worker who cares about his clients.
  4. It’s all about value, it’s all about relationship, it’s not all about price. If price was only ever the option, only Kia’s would be sold and no one would own a Mercedes.
  5. It’s not work, it’s network. You don’t live or work in a void. Meet people, talk to people, help people. Get out there!

For more visit Jeffrey Gitomers website and buy his book “Little Red Book of Selling”. It only costs $20 and it is the best I have found to date.

Bottom line, you’re already in sales whether you want to be or whether you think you are or not. Becoming a better persuader is key to your success in all areas.

Be a Renegade,
Jeremy Burgess