10 Unusual Habits of Wholesalers that Make over $500,000 a Year | Summary and Q&A

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October 6, 2023
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Flip With Rick
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10 Unusual Habits of Wholesalers that Make over $500,000 a Year

TL;DR

Successful wholesalers earning 500k+ share uncommon habits like consistency, saying no, mastering marketing, staying on track, losing ego, avoiding comparisons, continuous learning, embracing failure, redefining success, and maintaining conviction.

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Key Insights

  • ❓ Consistency, saying no, and mastering marketing are essential habits for successful wholesalers earning 500k or more.
  • 👣 Staying on track by detaching from negative influences and avoiding complaining enhances productivity and focus.

Transcript

10 unusual habits from wholesalers that make 500k or more a year hey guys it's rickon in today's video I'm gonna walk you through the 10 habits that have really I've acquired over the last 21 years that's made me super successful in wholesaling and it's not just me that shares these habits it's the people I surround myself and I want to share them ... Read More

Questions & Answers

Q: Why is consistency important for wholesalers earning over 500k a year?

Consistency is crucial as wholesalers need to create schedules to stay focused, avoid distractions, and achieve their set goals. Consistent effort leads to reliable results and success in the long run.

Q: How does learning to say no benefit successful wholesalers?

Learning to say no allows wholesalers to set boundaries, prioritize tasks, and focus on activities that contribute to their success. It helps in safeguarding time, expertise, and energy for tasks that truly matter.

Q: Why is mastering marketing emphasized for wholesalers making 500k or more?

Marketing is the lifeblood of wholesaling, and wholesalers need to become marketing geeks to attract motivated sellers. Understanding unconventional marketing techniques like guerrilla marketing can lead to acquiring deeply discounted properties and boosting profits.

Q: Why is losing the ego considered an important habit for successful wholesalers?

Ego can hinder growth and learning by creating a closed mindset. By letting go of the ego, wholesalers can be open to new ideas, feedback, and improvement, ultimately leading to sustainable success in the wholesaling business.

Summary & Key Takeaways

  • Successful wholesalers with earnings of 500k or more have acquired unique habits over years, like consistency, saying no, and mastering marketing.

  • They prioritize staying on track by cutting out negative influences and avoiding complaints, leading to increased focus and productivity.

  • These wholesalers emphasize continuous learning, taking risks, defining success beyond financial gain, and maintaining unwavering conviction in the wholesaling business.

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