5 Secrets About Real Estate You Can Learn From the Rich

Why do Millionaires love real estate so much? Here are a few reasons why more millionaires are made in real estate instead of any other business:

1. They aren’t making anymore of it.

Real estate deals in a finite commodity and is therefore going to be subject to increases in value. We have all seen the price of computers go from $10,000 each to $500 in less than a decade. When have you seen the price of housing go down when has the rent for office space fallen for less than a year or two?

2. Easy Money.

It is easier to get a loan for a home that is to get a loan for small business.

3. Passive Income.

You don’t have to do anything to make money in the real estate industry. Most people will say you have to fix the toilets, but if you buy a property big enough, you can hire a management team to to handle that.

4. It can be passed down to the next generation

If you build a real estate empire, it continue to produce income for the rest of time. Your kids can literally grow up and not need jobs if you can set them up with $60,000 a year of passive income.

5. Cannot be disrupted by technology

There will never be an app that replaces real estate. Ever.

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I hope this helped. Leave a comment below. And share this with a friend.

– Q

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Quentin B. Smith is the bestselling author of Millennials to Millionaires, recognized automotive dealer, and motivational speaker on personal finance, investing, and entrepreneurship. Mr. Smith’s 2 privately held companies reflect his honest viewpoints on the economy, the middle class mindset, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. Catch him in highly held finance publications as he urges his followers and associates to Make it Happen and go from Millennials to Millionaires. He currently resides in Salt Lake City, UT with his friends, team, and cars. Visit http://quentinbsmith.com for his latest blogs, news, tips, and training!

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7 Compelling Reasons why you need to Promote Yourself

Everybody dreads carrying their business cards. Telling people about themselves. And the occasional promotional Facebook post. But in order to hit the levels of success that we desire, deep down inside we know we need to promote ourselves more if we want our dreams to come to fruition. Everyone could use that little push.

Here are 7 compelling Reasons why you need to promote yourself more.

1. To let women/men know that you have value

Let’s be honest, who would you rather date, the cool person that no one knows is cool. Or the person that is known to be outgoing, successful, with 60k followers on Instagram and a bachelors degree to match? I know, you’re saying “I don’t care how many followers I have on Instagram” *insert little bitch voice. But other people do. And people date people who are known to be successful.

2. To let other bosses know you’re a boss

I’ve been in plenty a room where people didn’t know I made more money than them because I didn’t say anything. But let me tell you when they find out that your bosses up too. They treat you different. This also opens up new opportunities for you that bosses only extend to other bosses. Introductions are a good example. I’m not introducing you to my boss friend until I know that you’re solid. Sorry. Get your clout up.

3. To get your company name out there.

People are going to tie you to something. It might as well be something that you own.

4. To let people know you’re the real deal

Ideas don’t spread if they are not as valuable as you think they are. Things that spread are generally really good things. When people talk about you and shows that you are worthy of being talked about and promoted a.k.a. you are the real deal.

5. To show you’re committed

People that are committed to something rarely promote it. When you show that you are willing to spread the word about something it means that you really believe in it, and that in itself is worth buying into.

6. To demonstrate and influence company behavior

People that work with you and for you wall model their behavior after yours. If you curse occasionally they will curse occasionally. If you believe in being punctual they will believe in being punctual. This sets the tone and let everyone know what you are willing to stand on what you’re willing to bend the rules on without ever having to formally mention it.

7. To display your company’s culture

When people see how you act, they can generally guess that that is how your company is. If you are really relaxed and soft-spoken, they can imagine your work environment is the same. If people know that you are very intense, they know that your company is likely the same way. This goes a long way, but it will allow you to only get job applicants that understand your culture before they apply for a job position. If you promote yourself, you’ll waste less time and money on a new hire that doesn’t fit.

In conclusion

Promoting yourself may seem a tad overwhelming, but it is definitely worth it in the long run. For more boss tips get my latest book – Millennials to Millionaires: The Young Entrepreneur’s Guide To Getting Out of Debt: http://bit.ly/m2book

Leave a comment

I hope this helped. Leave a comment below. And share this with a friend.

– Q

Follow me!

Instagram: http://instagram.com/quentinbsmith

Twitter: http://twitter.com/iqueglobal

Facebook: http://facebook.com/iqueglobal

Steemit: https://steemit.com/@quentinbsmith

Quentin B. Smith is the bestselling author of Millennials to Millionaires, recognized automotive dealer, and motivational speaker on personal finance, investing, and entrepreneurship. Mr. Smith’s 2 privately held companies reflect his honest viewpoints on the economy, the middle class mindset, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. Catch him in highly held finance publications as he urges his followers and associates to Make it Happen and go from Millennials to Millionaires. He currently resides in Salt Lake City, UT with his friends, team, and cars. Visit http://quentinbsmith.com for his latest blogs, news, tips, and training!

The Most Common Mistake You Make trying to Save Money

Would you rather have $10k saved up or make $10k a month?

$10k a month! No brainer, right? Yet, most people are still trying to save up a million dollars. Listen, income is your greatest wealth creation tool.

When you want to borrow money, banks don’t look at how much you’ve saved up. They look at how much you make, to determine how much you can pay back. You can pay back $30,000 way easier if you make $10k a month than if you make $3k. A higher income will allow you to take more risks because a loss will be easier to recover from.

Income is what allows you afford a more expensive car, not savings. In fact, most high earners, including myself, go broke every 30 days. We invest our savings into income producing investments, because like I said, you don’t want to be sitting on $10k in the Bank, you want to turn that into $10k a month.

Focus on your income, not your savings. đź’Ż

I’m doing an exclusive webinar on how you can easily increase your income by a few hundred dollars a month with Bitcoin.

Comment below for an invite👇

3 reasons why you can’t succeed without a business plan.

Many start up entrepreneurs had the words 'business plan'; it means they have to stop the creative process to write down their ideas. Who would want to do that. Here are a few reasons why you want to:

IT'S NOT FOR YOU.

First, contrary to what most people think, your business plan isn't for you; it's for others. You know what you're going to do already. If anything your business plan with just reconfirm that. Other people need to see your vision even if they are not visionaries and a business plan helps that.

HOUSTON, YOU HAVE A PROBLEM.

Secondly, there's just something about writing down your plan, or strategy, that makes you think about your process from head to toe. You will be forced at that moment to work out any problematic areas your idea may have – be it financial or legal. You will want to have solutions to these problems before you walk in the meeting and get roasted. 😂

DO YOU EVEN LIFT, BRO?

We hear it all the time, people that say have a certain skill or trade and they really don't. When you slap your business plan down on the table fewer people will doubt you then. Imagine being a banker that is considering giving you a business loan, but you don't have a plan… it ain't gonna happen. People need to know that you really intent to do the things you speak about. You have to show that you are committed.

CONCLUSION

Get one. 😂

I gotta get back to work… Let me know if you have any questions, and drop a comment below.

What do you want me to write about next? Send me a message on IG or twitter.

– Quentin B. Smith

✌️

How to create work/personal life as an entrepreneur.

All entrepreneurs go through phases from sole proprietor to chairman of the board where their life just gets hectic and they want to have a little time to themselves. Here's how to create work/personal life as an entrepreneur.

THE PROBLEM

Here's the thing, I don't believe in personal life/work life balance. If you want to make it in business, you have to be on at all times. I've found it more stressful to figure out if you are in business mode or personal mode all the time. It's incredibly draining…

THE SOLUTION

The best solution is to just become something in-between your two aliases – a more professional natural you.

Find a happy medium and stop trying to separate the two.

Here's the key, it takes practice. For example, even to this day I'm trying to curse less, but the natural me wants to say whatever needs to be said.

IN CONCLUSION

Find a happy medium and stop trying to separate your work/personal life. You need to be ready to work at all times. If you find yourself getting worn out, take a quick weekend trip and get back to it. There's no off button. Being a boss is not a position, it's a personality.

If this helped you, HIT THE SHARE BUTTON.

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What do you want me to write about next?

– Q ✌️

Should you quit your job to start your business?

Many budding entrepreneurs hear those amazing stories about people who got fed up and broke free of the 9-5 cycle by quitting their jobs and never looking back. As much as I'd like to tell you that this is how it will likely go for you, it isn't.

Have a plan and be strategic about it.

In entrepreneurship, it's all about minimizing your risk in order to survive. No matter if you have $100k or $100M you are always in survivor mode. It's more strategic to not take the chance of hopping out there. Your chances are higher if you keep your job, build your business, and then switch over.

The Main Reason

The main reason why I don't suggest quitting your job and hopping out there is because health insurance is f*cking expensive. Can you imagine paying $400 a month just to cover your health insurance while starting a business and having no income? Probably not.

I didn't want to take the chance and decided to join the Air Force to get free health insurance. This may not be an option for you, but consider your job as your benefits safety net.

In Conclusion

If I wasn't clear before, my answer to should I quit my job to start a business is no.

One little trick

Instead of actually quitting your job, just imagine that you've quit your job and that you have to go hard. It will create that pressure that you need to succeed.

Hope this helps,

– Q

3 Tell-tell signs that you may have the wrong business partner…

Signing on the dotted line
Quentin B. Smith signs on the dotted line for an investment.

1. Make sure they have Good credit.

Over 700. Find out if they have student loans. As a new business owner, you will eventually be applying for loans using your personal credit until your business has established its own credit that is good enough to be run on its own.

Business are usually able to secure larger loans than individuals, making the credit check a little more strengent than normal personal credit applications. You want to make sure you have minimized your debt and your partner has too. 

2. Make sure they haven’t had any run ins with the law.

When looking for investments from outsiders, venture capital firms want to know if they can trust you with their money. How can they trust you if they find that you have two armed robberies on your record. 

If you and your partner are not ethical people, you won’t build an ethical business. Point. blank. period. 

3. Make sure they have kids. lol

I know this sounds counterintuitive, but I prefer to work with partner with a family than a partner without one. People with kids are not playing around. They have mouths to feed…

In conclusion

No matter how much you like a person’s personality, they have to be good on paper too. As you can see, It pays to stay clean and stay out of trouble. Hope this article helps. 

Wishing you success,

– Quentin B. Smith

Follow me on Instagram at: http://instagram.com/quentinbsmith

Investor, Entrepreneur, Author.