Mindset, Diversification, and Taking Action in Real Estate | Damon Hart
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The Science of Flipping podcast episode features host Justin Colby and special guest Damon Hart discussing real estate business changes in 2022. Despite a slow start in q4, Damon's company saw a 25% revenue increase over 2021, facing challenges with unresponsive buyers and a setback when a hedge fund backed out of purchasing properties. This prompted Damon to make changes, emphasizing adaptability and networking in the real estate industry. Damon's company shifted focus to other buyers through methods like the MLS and Novations, leading to increased profits. Justin Colby stresses the importance of diversifying exit strategies in real estate investing and the significance of setting clear goals and ramping up marketing efforts. The conversation highlights the value of mentorship and outlines core beliefs in success, emphasizing the importance of mindset, commitment, and belief in realizing success in real estate investing. The influence of mindset in business success is discussed, emphasizing the need for mental fortitude and readiness to equip oneself for the challenges of entrepreneurship. The conversation underscores the essential nature of mental readiness and resilience in pursuing entrepreneurial endeavors. The significance of being willing to take risks and the power of positive self-talk, gratitude, and continuous education are highlighted. Justin Colby encourages listeners to pursue abundance in all aspects of life and emphasizes the significance of money in achieving financial freedom through real estate. The dialogue serves as a motivational call to action for individuals to pursue financial prosperity and personal fulfillment through real estate and engagement with valuable resources.
The Science of Flipping podcast episode features host Justin Colby and special guest Damon Hart disc