Name: How to Have Success Investing In Real Estate as an Introvert
Uploaded: 2022-12-29T11:00:35+00:00
Duration: 53 min 45 s
Description: Allan Smith is a serial entrepreneur. His career all started with a full-time job in the music industry, but he later paved his way in the real estate world now with a total of 35 rental units, 7 new

1 year ago

Allan Smith is a serial entrepreneur. His career all started with a full-time job in the music industry, but he later paved his way in the real estate world now with a total of 35 rental units, 7 new builds, and 2 Airbnb.

In this video, we will find out his story, and all his struggles as an introverted entrepreneur. He reveals how important is to have a network, his personal take on outsourcing people, paying it forward, and a lot more.

Don’t Forget To Reach Out To Allan Smith
📱615-455-5979 / 615-455-5722

Facebook: https://www.facebook.com/SkylineNashville

Instagram: https://www.instagram.com/investorallan/

Linkedin: https://www.linkedin.com/in/allanjamessmith7/

YouTube: https://www.youtube.com/channel/UCAeiEYeP1OMNPGXyr8bqo0w

Quotes -

"One of the core requirements of success in my business has been partners." -7:10

"You don't need to be a serial networker, maybe, but offer and help everybody that you meet." -7:55

"I was excited that I was doing activities that would convert to revenue if I continue to do them." -9:35

"I believed in my capacity to do more." -9:55

"Operations and process and streamlining things, that is what I would say is my core skills." -15:30

"You will not see Allan Smith wholesaling at scale." -17:00

"Anybody you see who scales and grows really fast there's a lot of other people behind them working." -19:45

“I don’t necessarily think fear means ‘go in that direction.’ Sometimes resistance can be a sign that there is an easier way to go. Maybe the way you approach it is to focus on your goals.” 26:19

“I think putting deals together is one of the most fun things in the world.” -36:25

"I don't mind being a little bit abrasive." -38:18

"I have a heart for inner-city kids who don't have dads." - 41:26

Concepts -

Networking is very important. -7:10
Offering help and making an impact on another person is as important as making money in your business. -8:00
Making money isn’t all there is when you enter into a new industry. Sometimes, the journey is already a reward in itself. -9:30
If you are not using your full capacity in a job, then you are just wasting away in a chair. -10:00
There are challenges and great benefits to being an introverted entrepreneur. -15:00
Being an introvert doesn't mean you can't be firm and abrasive. -16:20
Find your core, skill sets, and what you are good at, and focus and leverage on that. 16:40
Do not be afraid of partnerships and hiring people and contractors.-19:10
Hire subcontractors and people to do the work for you so that you can focus on other things. -20:10
Focus on your goals. Start by building a good team. -20:50
Standing your ground, especially in real estate development, is important when dealing with people you work with. -38:00
You need to determine your salary first before you will be able to help. -44:38

Time Stamps -

0:00 Introduction
1:00 Craziest real estate experience
4:30 Entering the real estate world
9:00 Emotions & mental battle on the transition from a full-time job to real estate
12:45 Who I am as a person
15:20 Challenge and benefits of being an introverted entrepreneur
19:48 My views on hiring and outsourcing people for your business
24:55 Fear of failure = leap of faith
26:20 How I approach and overcome fear
30:44 What the company looks like right now
36:09 Putting deals together is my favorite part of my job
37:40 How to deal with contractors
41:20 How I define my freedom
44:00 How to start giving
51:10 Paying it forward