Entrepreneur Like You cover logo
RSS Feed Apple Podcasts Overcast Castro Pocket Casts
English
Non-explicit
libsyn.com
5.00 stars
9:31

It looks like this podcast has ended some time ago. This means that no new episodes have been added some time ago. If you're the host of this podcast, you can check whether your RSS file is reachable for podcast clients.

Entrepreneur Like You

by Chance Reynolds

My Name is Chance Reynolds and I'm a Small Business Attorney and Entrepreneur. In this show, we'll be talking with entrepreneurs about real problems they deal with behind the scenes. I'll be talking about my struggles, the struggles of my clients and I'll be answering your questions!

Copyright: ℗ & © 2017 Entrepreneur Like You

Episodes

168 | I Would Like to Slap Steve Jobs Around a Bit (Not Really)

9m · Published 10 Oct 12:37

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

[00:02] Oh Man, if Steve Jobs were still alive, I would punch him in the face right now because I'm having such trouble getting my Mac book to record the freaking audio through I'm movie, um, that it's caused me to spend like an hour recording, like a five minute podcasts. So sucky. So sorry if this one is a little short. I've already recorded the whole thing and then it just didn't record which, uh, uh, complaining. Yes. Because it gets on my last nerve when I do an impromptu kind of, you know, defined to eight minute long podcast and none of it gets saved and then it's kind of contrived a little bit on the second and third tri potentially. Um, cause I like to keep it like off the top of my head. I didn't even think about really necessarily what I'm going to say before I start talking about it.

[00:53] But either way the show must go on. So. So as I had talked about before on the show last week, I'm going to break the seat's already like clunkier than it was last time. That's what's making me mad. So I'm, I'm going to try to talk about by LLC business, which is something that's already an established business already profitable. It's been operating for a little bit over a year now and it's turning a profit. So that's good. Um, when I first started this business, I met with some people that told me that there was no way I was going to make any money within the first three years. They're like, prepare for three years of about making money at all. I'm like losing money for three years. They were just like, can you do that? I was like, not really, like, um, so I was really, really discouraged after I've met with them, but it was a consultant and someone else had.

[01:47] It actually wasn't this business to be fair to them. It was a different tutoring business that I was doing for law school students at that time, which a given a little more time, I can actually, you know, they were, they were more correct on that. I, I worked on that one only like six months before I got this idea for this business and start running with this. So who knows, that would, maybe that would, would have taken three years. This one did not take three years though. It was profitable probably within about eight months, which uh, is good and I need to do some more prospecting. So last week. So, so one of the things I was talking about before the a podcast tried to record, it was moving from an actual office, like I had an office for probably at least six months, maybe eight months at an actual office building, you know, where I went in and had an office and we had the conference room at all that and it was nice.

[02:38] But then I started not really using all the amenities that were provided, like the conference room and I was just using my office, which is basically like a closet essentially for what I. But I didn't really need anything specifically big because I don't really entertain clients face to face. So, um, I was going to the office less and less. And then my wife and I bought House that had a, had like a converted garage, like have our garage converted into a room. And I guess some really, really sad persons lived in this part of the garage because there's, you're still isolated from the rest of the house, but it's a, would it be great to live out here unless maybe you're a teenager or something? It is great to have it as an office because it's separated from the house a little bit. Um, but which is good, you know, I've seen saving money on pointless office I can come to work without even like combing my hair or anything. Like I'm just, I'm at work, like whenever I want to be at work.

[03:36] And my son had just started kindergarten this year, so I was thinking like, you know, I don't really need an office as much as he's going to be at school five days a week, you know, during kind of like my peak business hours when I'm talking to clients and stuff like that. So it seemed like a great idea. It has worked out well, but there are ups and downs. It's not exactly. There are things I miss about the office. I'm like, how often I could go live and know that I'm going to be undisturbed here at the House on. I haven't really been going live. It's like a big problem. Realizing like how long it's been since I've gone live and this is one of the main ways I do by prospecting and haven't had to. I've been very lucky that my calendar's been full anyway, but it's starting to get a dip down so I need to figure out a way to. It's not necessarily confidence like to me it's about professionalism. I like to do my lives. I need to know that I'm going to be able to get all the way through them without being disturbed. I don't want any unknown elements to disturb my facebook blogs. Like the mailman comes. I have two dogs. They're boring. To me that's like really, really unprofessional. I don't want to deal with that, but I need to just get over it and just do it. Like whatever. Who cares really?

[04:43] So yeah. Yeah. That's, that's the biggest downside is that my prospecting is dipped down so my calendar hasn't dipped down yet, but it's, I see that it's going to in the future, um, you know, like towards the end of this week and next week. So I need to start doing some facebook lives, so to get some people on the phones to talk to them about llcs and some of you know, some of you don't know what I do on my facebook lives to reach out to other people. Maybe on average like 500 to a thousand people per alive when everything's said and done is I have a presentation that I built from talking to so many people in the real estate industry and in the online business niche. I've talked to them. I know what their questions are, I know what they're hanging up. Sorry about the LLC. So I created a presentation about that, answering those questions, which is obviously a great way to build trust because I do know what I'm talking about so I'm not faking it till I make it or anything like that. Which definitely helps when you actually know what you're talking about. So

[05:45] Albert presentation and I go lot to two groups that people had me to, if I and everybody has this problem where you get added to a ton of groups. I think facebook is maybe doing something a little bit different now where they're preventing that from happening any happening as easily. But before you would get added to like 20, 30, 40 groups. I mean this happened to me and I'm just like, if you're adding me to your group, I'm going to go live to your group. I don't go join a group specifically to go lot to a group, but um, I use a little piece of software called [inaudible] live.tv, um, that where you can kind of schedule a lot broadcast. And you know what? I just scheduled it like straight up in other people's groups that are added to a group. I'm going to go a lot to your group and it's going to be hard for you to ban me from your group, but if you want to go ahead, I don't care or delete my video or something like that because what I'm providing is actually valuable to your audience and if you don't want that to provide value to your audience, why do you have a facebook group?

[06:44] So it's hard. I've actually not been banned from our group, but I've called a lot, several dozen times to the same facebook groups that have like, you know, 50,000 people in them. But um, you don't do it to the groups where you're actually getting valued groups that you want to be in. You know what I mean? So you've got to be careful on what you do. Either way that's happening with Llcs, I need to go a lot more. I'm going to do at least one or two lives per week. Hopefully going forward, I'm just to stay fre

167 | (Weekly Wrap Up) ALL of My Excuses for Not Moving Forward

11m · Published 05 Oct 11:44

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

 

[00:00] Alright guys, well it is Friday and so I guess the traditional work week is coming to an end. I was just talking to my wife about this yesterday actually because we were just talking about the weekend and kind of what's going to happen. Um, we were, I was just describing kind of how from here on out it's going to be very, very hard for me to ever take like a full weekend off since I'm running this business. It's just kind of one of the sacrifices sometimes you have to make if you want to operate your own business because a lot of the people that I'm dealing with or at least when you're working with entrepreneurs, um, and that's kind of your target market mainly because a lot of people actually work nine to five, so they work nights and so during the week if they're there, it's not a possibility for them to actually get on the phone.

[00:52] Nine to five, which I don't keep my calendar open at night because I coached my son's tee ball team for one, which is a whole nother podcast. And in an of itself, how that ended up coming into play because it definitely wasn't something I was, uh, had signed up for thought I was going to end up doing, but uh, just kind of ended up doing that. Uh, definitely I don't want to say it against my will, but they just said we don't have a good, like we're not gonna be able to have a coach. So I had to do it. But, um, my nights are busy doing that and spending time with my son and my wife as well. Uh, so I, I also, my brain doesn't function at night. This is something that's happened forever. Like I'm a super early riser. I get up really early in the morning.

[01:35] Um, that's the most productive time of my day or the first four or five hours of my day. I normally get up like, around in the fives, you know, so not something crazy. I see some people that their schedule's like, they get up at 4:30, they work out for an hour, then they eat some wheat grass or some shit. I don't do anything like that. Like, I don't have like a crazy morning routine that I do. I like to do this podcast early in the morning and uh, that's what I'm doing now, but my brain functions best in the morning. So I like to get all of my fulfillment side of my business done before lunch and then take my calls from lunch to fiveish. Um, if I'm doing like four or five hours of calls, so the day I don't like to spend more than five hours a day on the phone talking about the LLC, it's just my brain will just be complete mush by the end of the day because I'm handling, you know, somewhat high level questions about people's businesses.

[02:34] I mean, it's not like something that's passive that I can read off a script. I wouldn't want to do a script even if I could. Um, I like to actually look at the situations that people are in and to give them advice based off that. Um, and that's kind of what being a lawyer is all about. Not like I'm actually an attorney to these people, but that's what you've trained your brain to be analytical. That's kind of the whole point of going to law school is being able to do that. That's where your worth is. And so that's like, you know, that's what I want to provide to people. Um, but after say five, 36 ish, my brain is not functioning at the same level that it was because I'm just, I'm tired. I want to just like watch mindless stuff and, and just hang out, um, at that point.

[03:21] So I leave my calendar open on the weekends because of that, because some people that are working nine to fives, my calendar is not available to them and I don't want to have to make myself available at night so I have Saturdays and Sundays. So it's just like if you can't make a, make a consult on Saturday, Sunday or normal business hours Monday through Friday, whatever, normal business hours already, you know, like nine to five. Um, then it's just unfortunate, but I'm not, I'm probably not going to be able to help you with the consult. I could still pro chat back and forth. I don't mind doing some chatting and stuff after hours. Like, I'm definitely responding to emails and doing all those things, you know, in the evenings, but I'm, I'm just much, much smarter in the mornings and I want to have all my, you know, my brain cells functioning properly. So that's something that we've been talking about and I was like, look, this is going to be probably another year of this.

[04:12] I mean, of course here and there I'll have the occasional weekend off. But um, for the most part it's not like we can disappear off the grid or something with this very specific business. Now if the real estate stuff starts picking up, and I described it earlier this week, I'm going to kind of try to break this podcast into two pieces. One piece, my existing LLC business, which is fully functional and profitable, you know, already. Um, in kind of what I'm doing for that. And I've talked about delegation on here a lot before. So people that are listening to that first part about the LLC business and they don't hear anything about me delegating very much of what I do. I don't really like to delegate a lot of stuff in that business. It's hard for me and until I get somebody that can work in the office with me like an intern, paralegal, there's only very limited things that I will outsource to the paralegal that I do work with.

[05:04] So, or that works for me rather. Um, so that's that. But when it comes to real estate, the only thing that really has is holding me up at this point for moving forward with that is the marketing piece of it. And anyone who understands real estate, that's the whole thing. That's the entire business basically. Um, I don't really have the money to invest in, in the type of marketing that I want to do. I could. And this is not complaints at all, this is just where I'm at. I'm not saying that I couldn't do certain things. There are certain types of marketing that I definitely could do, like cold calling, which I've done, you know, a significant amount of. I have. I'm not opposed to cold calling whatsoever, but time wise I don't really want to spend my time doing that. So I'm not, you know, if I don't want to spend my time doing that and I don't have the money to do other things, um, to invest in other types of, of more passive marketing like facebook ads, Google ad words, um, it's, I'm still on the fence about whether or not I can really do bandit signs since I hold the license with the state as an attorney.

[06:15] I can't. It's tough. Like I could get, I could get, uh, an ethical complaint real quick. Um, based off of bandit signs, I just don't want to really take that risk. So bandit signs really aren't in the cards for me right this moment until maybe I started working with somebody else, like a bird dog or something, um, that can do that for me. And then I'll pay a percentage or something like that. Maybe. Maybe that's something I'll do. But I would rather focus more on inbound marketing strategies than outbound marketing strategies with real estate. And you know, somebody that's more experienced to real estate would hear this and be like, what the hell are you talking about? Just get out there and do the work and that's half of it. That is half of it, but. And I don't disagree with that whatsoever, but I want to do something where the leads are coming to me.

[07:01] They're already, they're choosing me. So like inbound marketing being something like facebook ads where you're targeting people on a

166 | Steer Away From the Facebook Poison and Stay in The Saddle!

8m · Published 03 Oct 13:55

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

 

[00:01] I'm sitting here like the, the piece of equipment that I, a piece of software rather than I used to record these. I kind of do it weird. I don't use garage band. I'm a MAC person just because they're so much easier for me to use than a PC. But I'm on my Mac. I have obviously I have garage band and I also have my movie. I like to record my podcast even if they're just audio inside of I movie rather than inside of garage band because I movie has a little button that you can click that supposed to make the sound all better, like automatically fix everything. So I do it from there and then I export like a piece of audio out and then I put it into garage band. I have to make it as complicated as possible, but that's just how I'd like to do it because of, uh, a guy, uh, Robbie hearst that I used to kind of work.

[00:46] We shared an office and he has a media company and he knows about all this stuff a lot more than me. And he kind of taught me about the movie side of it and I just liked it a lot better than the garage band side of it. But the downside to that is that I can see myself in the camera every time I do it and it's not. I don't like turn the lights on. I don't have a camera like at the right angle or anything. It's just like looking up on me and I'm becoming very, very aware that I am getting like old man Nick, you know, how you can tell when people are getting older just because of how their neck looks like. It's not necessarily like a full on Turkey Gobbler, but it's Kinda like, yeah, you're 10 years older than you than you used to be because your neck has is just kind of old looking.

[01:27] You have old nick. Anyway, that fits perfectly into what I'm talking about today because one of the things that I struggle with that I can tell very obviously that a lot of people are struggling with it is when you're on facebook. So we all need social media to drive our businesses forward. I'm not like breaking new ground here. This isn't anything that is necessarily an original thought, but it's something that I struggled with so I wanted to talk about it. A lot of times we're forced to be on social media so often that we don't realize how much time we're wasting on there. There's so many distractions and right now, like with most of us that are in this realm, like you've maxed out your profile to like 5,000 people. So you're looking at kind of these random people's facebook like you used to. So you're scrolling through your feed.

[02:16] Maybe you see some people that you actually know, but most of the people you don't know and you're, you're getting not necessarily engaging with them, you know, at least you shouldn't be engaging with them. But you're seeing how they're engaging with everyone. And it's a lot of negativity on both sides. Like politically, it's, there's a lot of political distractions and you need to make sure, at least I need to make sure this isn't necessarily like a self help or motivation podcast. You know, I kinda just talk about what I'm doing, but something that I see a lot of people do, I just don't engage in any of that stuff anymore. Like there was a time when I used to engage politically, but now it never made it. It never made a difference. Not like it's any more divided now than it was before. It's exactly the same as it was before.

[02:59] It's just there are a lot more mediums for people to express their beliefs than there were before. So I'm under the, you know, I, I believe that nothing has changed. Everything is the same. We're split about 50 slash 50, you know, and it teeters from 55, 45 to the left to the right, depending on what's going on in the country, what's going on in the world. And you can very easily get distracted, get depressed on both sides. You know, a lot of people think just the leftist depressed right now because the right has so much power, but the right people on the right, they don't view it that way. They, they feel like they about to lose power. So it's like both sides are very depressed and angry and there's just, it's not that these things don't matter, but your opinion on facebook doesn't really matter, so it's not even worth engaging.

[03:48] It's not even worth even looking at or and having a feeling about it one way or the other just because it is not. You're not going to be able to affect it. Of course these things are important and you should have a feeling one way or the other. I guess if you don't, I guess you know you're very, very lucky that you just are able to to be completely compartmentalized and just focus on your business and focus on things that you can control in your life. But you can't control what's happening politically. I mean, yes, you can vote. You can. You can voice your opinion. If you're going to go start a grassroots campaign to help the environment or, or to get some specific candidate elected, that's one thing, but probably you're not going to do that. Most likely you're just going to put posts something on facebook and get angry and mad and caught up and just be going back and forth and waste all of your time and not have moved your business forward at all and had, have a good excuse for not actually accomplishing what you need to accomplish.

[04:47] So it's better to just not engage with it. Uh, you know, understand that it's going on. Understand that people are upset, understand that not everybody's going to feel the way that you feel. Understand that there are bad people out there and they're going to post really mean and terrible things on facebook. Um, but there's nothing that you can do about that. All you can do is worry about what's in front of you and look at your goals and work towards those goals. And I know that's really, really hard to do for some people. It's hard for me to do. I've posted that a lot of stuff where I've started replying to something I've seen that's just so mean. Somebody just being extremely mean. I had had a guy that I grew up with that, um, his dad had passed away several years ago. Well, a friend of his dad's came onto his page because it's something that he posted about the freaking cavenaugh hearing something that none of us have any control over, and this guy said, you know, your dad would be so ashamed if he were alive.

[05:40] He's rolling over his grave. Just some main terrible shit to say to somebody, you know, it's not funny, but you have to laugh because you're just like, oh my God, people are just nuts. Um, so people are mean. But, and I started to write out something to that guy, just like you're a real piece of garbage, you know? Um, but it's just, it's not worth it. Like you're not going to change his mind. You're not going to have any effect on the cabinet, all hearings. You're not going to change any, anything that's happened in the past. All you can do is worry about yourself and make sure that you know you're making good decisions that are in line with your ideology. That's all you can do anyway. That's what I'm dealing with today, and, and trying to stay focused and not get distracted by all the things that are going on.

[06:21] Of course I'm paying attention. I know everything that's going on. I course I have an opinion on it, uh, on, on what I think is happening. But at the same time I know that what happens that you know, with a Senate confirmation hearing is I have no bearing over that. There's nothing that I can do, so I'm watching, but I'm kind of silently w

165 | Can You Really Trust People Enough to Delegate?

6m · Published 02 Oct 13:31

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

 

[00:00] One of the reasons I like being an entrepreneur so much is that when push comes to shove, I know that I can actually get things done like I've done in the past. I'll do it in the future. That's just the type of person that I am. If something needs to get done, whatever it takes, I'll do it, you know, and that's something that I didn't always have that, that wasn't something that I really got a grip on until I was probably in my late twenties where it was just like, well, here's my goal. Whatever it takes to get to that goal, I'll just do it. Like, it doesn't matter. Like if I got to sleep later, I sleep later, I got to read a whole book tonight. I really hope, you know, whatever I have to do to research it, learn it, figure it out, I'll get it done.

[00:42] Um, and it's hard to get away from that thinking as you're kind of growing your business. But at some point you do have to kind of handover and trust other people with certain aspects of, of what you're doing. And I have a va that I really use for our, initially I was planning on using this va to actually do some of the actual llc creation. I was just going to train them how to do it and hand over some stuff to him and I just, it, I know it just never collect that way. So I just use them really for technical tasks, stuff that I had learned how to do in the past. But then I like to outsource now and um, it works well. Like we've got a pretty good rapport now. He's a dude. What's, I can't even remember what the name of the company is that a used to hire him, but it's like their English speaking va's basically is like their, their big thing, which is fine.

[01:31] You know, I've used tons of Va's for different project based stuff and I've used upwork to even hire paralegals and things like that when I've gotten like crazy overloaded and that'll work just fine. I saw that I necessarily need people to speak English, but I thought this guy might be on the phones. So I was like, oh, I'll probably be better if English as the first language, um, turns out really probably doesn't even matter, but you pay like a little bit of a premium for that. But we don't, I don't have to explain things in depth anymore. It took a while for us to get to that point. There was a kind of, a lot of bickering. I tried to fire him one time and basically that his manager called and just said like, don't fire him, do this and this and this. It'll work better.

[02:15] And uh, it Kinda did work better. So I'm super happy with how that's going. But I kinda had to have some situations that pop up where it's like I have to rely on other people and my time is very valuable to me. If somebody wastes my time slowly, I start to kind of lose respect for them and I don't want to rely on them in the future. And I kind of had some of that go on in the real estate realm yesterday where it was like something was scheduled. I was supposed to talk with somebody. It didn't happen, there was a good reason that it didn't happen, but in the back of your mind you're like, is this going to be something that's ongoing? If I establish a relationship with this person is going to be hard to communicate with them, are there going to be, is there time more valuable to them than my time is?

[03:02] And if that's the case, that's fine. It doesn't necessarily mean they're a bad person or something, but I don't want to be drug along. I've worked too hard. I'm too valuable and my time is too valuable for someone to not kind of put everything that they have aside to talk to me. That's how I feel about it. If it's like you made an appointment, you better be there to talk to me. Um, you get couple couple of opportunities if there's a reasonable excuse, but uh, if not, you know, I don't know, maybe that makes me an asshole. I'm not sure, but one way or the other, that's just how I feel about it and I can't work in a situation with somebody if it's gun to my time isn't going to be valued so you have to kind of way that you have to have some patients though.

[03:45] That's what I learned from working with my va is that when you are moving forward with people, sometimes it takes time. Like if I would've just fired this va like right out of the gate because I thought he was. He was being a smart ass. I'm. I wouldn't have a good related rob. I would always be in the startup of a. have a good working relationship with somebody. You have to give it some time to kind of blossom out and maybe maybe you're pissed. Maybe someone you feel like as being disrespectful, but in the long run like can you both benefit? Is this somebody that can move your business forward? Is this somebody that you can trust it to hand things over to you and that's Kinda what I'm going through now. I haven't moved forward at all since yesterday on me real estate related stuff.

[04:26] I was hoping I would be cold calling for this, uh, uh, this team, you know, as part of a team today or at some point this week that still might happen, but, uh, yesterday kind of that the plans of us getting together didn't, didn't really work out to discuss it and it may not ever work out. Who knows, if not, I'll just go back to cold call and for myself and I can, you know, it's not like I can't do that, but uh, I'm only going to kind of wait around for so long to get this other thing going. So hopefully that happens. I'm excited about that happening. I'm a little setback. Hopefully, you know, it's kind of like the va situation where it's like it's a setback and they're kind of, some excuses being thrown around, but maybe they're valid excuses. Sometimes excuses are, are actually good reasons.

[05:12] They don't have to be like a, somebody avoiding something. So either way, that's what I'm dealing with today. I knew I was, I said I was going to kind of break it down to half my llc business, half my wholesaling business this week, but uh, that's kind of just all mixed together. What I'm going through today, what I'm, what I'm thinking about this morning as I'm starting this day, like what am I going to do to move forward? Am I going to have to rely on someone else to move forward? Am I going to string out any more of my time waiting for that to happen? Or Am I just going to just kind of move on and, and no hard feelings and just take action on my own. But, uh, hopefully by tomorrow I'll have an answer to that. Hope everybody has a great day. Talk to you tomorrow.

164 | Are You Willing To Start At The Bottom?

7m · Published 01 Oct 12:01

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

 

[00:00] So last time we talked that it was on Friday and I had just had pretty successful day using text message marketing that didn't really carry over necessarily into the weekend. I was hoping it would still be dripping in over the weekend. The people who hadn't responded. So I think I sent it up to 60 or 70 people. I sent like a mass message, a deal to about 60 or 70 people that I had talked to over the past two months and I think I closed, you know, 10 to 15 percent of those with a followup marketing. And that's awesome because normally I wouldn't even really be following up with them. So it was definitely, I would have closed none. So it was definitely good and I've started taking calls on Saturdays and Sundays, not like full day's work but like half days, like I'll take four calls Saturday for calls Sunday and it hadn't really paid off.

[00:58] So I was thinking about stopping doing it because most of the time when people schedule on Saturdays and Sundays they don't show up for the call. So it's like I make sure that I'm somewhere near my computer and I'm not out like, you know, at the park with my kid or something else I could be doing and then the people don't answer and it really kind of makes me angry. And then when they call me back, I'm irritated with them. But this weekend, uh, it worked out well, closed a couple deals and it was definitely worth it to have spent time on the weekend, you know, working. So I was glad that finally worked out and uh, pretty much everybody showed up for the calls. Um, it was good. It was good. I don't mind working on the weekend when I actually get paid. I don't like working in the not having made any progress, which is, which is pretty obvious why I'm so on the real estate front.

[01:50] This is kind of how I'm going to break these, these podcasts down from here in the next week at least, I'm going to try to talk about my llc business and what's happening. And then my secondary business, which is real estate. So with real estate today, I am actually going to be potentially doing some cold calls for another guy, um, who has a company that's pretty successful. I don't really want to talk about who he is yet. I'm just because I don't know, I don't know if he wants to be talked about, but uh, he's not local to me. He's in Mississippi, but I'm at least, I think he's in Mississippi. Um, he's, he's building up a lot of cold colors that are just working on commissions. And I talked to him about it. I was like, yeah, I'll do it. Like I would like to be trained by somebody who's, who's doing tons of deals.

[02:35] Do, does. I'm sure he does at least five to 10 deals a month and I would imagine that's probably around where he's doing it. And he's doing these cold call cold callers on just strictly commission, which I'm fine with because the way my business works. Like I would rather just work for commission honestly. Like I'm not going to take an hourly position unless it's something like $100 an hour. Maybe I'd consider it. But, uh, I'm going to be doing some cold calling. Hopefully I'm going to be talking with him. We're jumping on a call this morning to kind of talk about, I guess what he wants, like the top software he's going to use. I really don't know what we're doing is because I had this, I assume he's going to tell me how to like record my calls, had to send in my info to their va's on what I've accomplished that day so they can just kind of track what you're doing.

[03:22] I, I'm already pretty familiar with the software, the cold calling software that I imagine they're gonna want to use, which is Mojo. I've used that plenty of times. I have a triple dialer which calls three people at once and um, whoever answers like that's the call that you talk to and it plays a, a message to the other people if they answer where it's basically like you're like, hello, hello, a bad connection. I gotta call you back. It's Corny as hell. But, uh, it works. I guess. I mean, I don't know, you know, like I've talked about, I haven't really focused a lot on the real estate side of it, on wholesaling or anything like that just because I've been so focused on my llc stuff that the amount of time that you have to put in to the marketing for real estate is no joke.

[04:08] Like, I mean you can make a lot of money in real estate and it's not like it's you have to be a genius to do it, but you have to have either time to do the marketing or money to pay someone to do the marketing. And I just have, I don't really have either one of those right now. So I would rather just kind of work under, under a team of people that have already succeeded and um, you know, just see what I can learn from what they're doing and it may just be just fine to just do that. For now. You know, I don't necessarily have the time to be out on, on building a team and building my own systems for that while the llc stuff is going as well as it is. So hopefully it will just be some nice little way to learn.

[04:48] It's less about making money and uh, I mean that's part of it. Like I need to make more money for sure and like money, uh, for working if I'm working, I want to make money, but it's more about just learning from somebody who's who's really succeeding at it and this guy, you know, learned under Max, Max Maxwell or they kind of came into the game at the same time and that he's just successful and I don't know, he just seems like a super nice guy. He's kind of coming from a similar background as me as far as his marketing where he learned about online marketing and stuff and kind of who his influences are in that realm or are the same as mine it seems. And so I think we might speak the same language and it's just definitely worth a try. You know, I'm not too good to cold call for somebody else just because of I'm already an attorney.

[05:34] I'm not too good for any position, you know, I need to learn and if that means that start at the bottom, I start at the bottom, I don't care. It doesn't matter. It doesn't hurt my ego at all. So that's what's going on this week. I look forward to definitely, definitely can have a lot to talk about this week if that really goes forward. Hopefully it does. Of course there are no guarantees, but, uh, I'm hoping that that works out either way. I hope everybody has a great day. Hope everybody has a great week and I'll talk to you guys tomorrow.

163 | How Text Message Marketing Gave Me My Best Day Yet

9m · Published 28 Sep 12:20

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

 

[00:00] Hey guys, I'm trying to record this podcast every day of the week and I just started back on Wednesday and today's Friday and I already missed Thursday somehow. How the Hell I missed the second day yesterday I kept saying I'm about to do the podcast, I'm going to do the podcast, I'm going to do the podcast. And I never got around to it because I had kind of a, just a busy day. As anyone who operates a business knows that is pretty much everyday. So I have to knock this thing out first thing in the morning or it does not get done if I try to wait until the afternoon or I tell myself I can do it over my lunch, you know, what I'm eating lunch or something like that. It never happens. So I got to start getting up, you know, 15 minute. It only takes 15 minutes to record this.

[00:48] The put it together and posted. And then I have a va that does kind of the rest of the stuff on the, on the backend. But, uh, either way, the stuff that's going on in my business right now, if you're new to the podcast, this is kind of what I talk about. It's like what I'm doing in my business that's working, what I'm doing isn't working and kind of what my plans are for the future and just random things that are happening that might be able to help you. So I started using some text message marketing tactics and tools this week for the first time ever. Um, they always, it always just seemed a little bit too expensive to me and a little bit complicated because I was trying to do the text message marketing through like landing pages before, like collecting a, uh, you know, a cell phone number along with an email and then having kind of an automated sequence of text messages that went out that was similar to like an automated mail email drip campaign where it's like something goes out day once and it goes out day two, day three, there's a piece of content.

[01:52] And then, you know, like day four there's an offer, whatever it is, just like typical email marketing. But you're doing a text messaging and it just wasn't something I ever really pulled the trigger on. I kept thinking I was going to do it and I would investigate and I'd have my va send me information, I would look at it and I'd go, I don't know how many text messages it's going to require to do this, so I don't know which plan to do. And so I just kept doing emailing, email marketing and I don't really do a lot of like drip email. Actually, it's a big problem. I don't do a whole lot of followup with my clients. Like I get so busy that I, I, my flow is like, people get on my calendar, they call me and then I send them, you know, the offer that they can take advantage of after we talk and I let them know what it is on the phone.

[02:40] There's no mystery to it. And then I'm not really following up with them at that point. I'm just like, well I already talked to them personally. If they want it, they want it. But I wanted to start doing some text message marketing. So I could reach out to them that way to see if maybe that would improve my closing rate and then, you know, just allow me to follow up with those people and possibly just not let all these leads that I have that are go to my calendar, just die off because I have all their phone numbers already. I'm just like, they've given me their phone number for the, for the meeting, I might as well use it for something reasonable. Um, so I did some research, I was using zaengle day one and then I asked my va to do some research on it and he came back with a software called Hay market and haymarket was a little less powerful than single, but like half the price.

[03:31] So single starts at $100 a month for the basic plan. And then it's pretty much, you can't even use most of the features for less than $200 a month. So it's not like it's crazy. Um, but I think you'd get around 2000 text messages a month for that, which I can tell you is not very much. Hay Market starts off at like $30 a month on the basic plan, a two week free trial and then like the mid grade print blend is like 50 bucks a month for I think a thousand text messages and it's the highest level is $100 a month. Um, so I just went with a mid grade one yesterday and I sent out a blast to 70, 70 people that had been on my calendar last month and this month that didn't close. So I spent a symptom, like a special offer that was like a short term offer that was only good for a few hours.

[04:23] And just in that exchange I wrote up some copy, I sent it out, I already sent and received like total over 300 text messages and that was in one day. So the text messages go quick really, really quick because people just want to ask a lot of questions and of course you need to answer those questions. So I'm just sitting on my computer and basically the software, it's just like a. If you've ever. It's just, it's like chatting. It's like facebook messenger basically. Except a lot more organized than that. So it was pretty freaking awesome. It was sales wise, the best day I've ever had as far as sheer numbers of just llc sold. Um, but really what I want to do it for us is to replace some cold calling that I'm trying to do in my real estate business. So on the real estate side of things, I'm, I'm, I did a lot of cold calling.

[05:14] It's fine. I'm sure it would work if you had time to do the numbers of it, but I just don't have time to do that right now and I don't really have the resources to outsource it. So I'm going to use this other method, um, that I've been learning about to text to text some of the sellers instead of like actually calling them and I can mass mass text them and it'd be way, way easier. I'm probably a lot less response, probably more expensive to do it that way, but a cold calling just so time consuming. And when I have this many llcs in the pipeline, when it's like I have 10 llcs to create and then had to drop the operating agreements, get the ends, all that, there's just not time to do all the real estate stuff and I want to keep that side of my business moving because I, that's a really important thing to keep momentum and I don't want it to die off because I've done a lot of, you know, like most entrepreneurs, I've tried a lot of things.

[06:10] I've been distracted by a lot of shiny objects in my time and I don't want real estate to be another shiny object because my llc business is rolling and it's great. Um, but I do want to do more real estate investing just because I like it. I actually really like it. So text messaging, text message marketing definitely came at the right time. I've found out from a few of my clients that my emails are for some reason going to their junk mail. So I'm like, man, no better time that this happened because I was wondering why I wasn't closing as many this last week. I was like, what the Hell is going on? It turns out my emails, my follow up emails after the conversation are going to junk mail, so I have to reach out to a g mail today to see why that's happening because I use g suite for, for my, uh, business emails.

[07:00] I was hoping I was going to be my web host if you'd have no idea what I'm talking about. Technically, like normally your web host can figure out what's going on with your emails if you're using like a business email with your, with your domain as, as your email. But they said, no, you're using g suite. And I was like, damn, it's possible to get them on the phone. So either way it's been, it's been a

162 | Why I MUST Have Daily Habits to Succeed

9m · Published 26 Sep 11:35

It has been a LONG time since I recorded a new podcast. But I am back, and I am stronger than ever! 

 

My LLC business is steadily growing and I am STILL looking to break into real estate. 

 

If you want to book a time with me go the llcfreedom.com/calendar

161 | Negotiating With As Many Sellers as Possible

8m · Published 10 Jul 13:58

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

160 | Negotiating My First REI Wholesale Opportunity

4m · Published 09 Jul 12:23

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

159 | Entrepreneurship Is Not a Place to Hide

5m · Published 03 Jul 11:38

Hello! I'm Chance Reynolds - AKA - That LLC Guy. Here's How You Can Follow Me everywhere to see how I'm building my businesses!

 

📞 Schedule A Call With Me - https://llcfreedom.com/calendar

-----

🔈 Listen To My Podcast - https://llcfreedom.com/podcast

------

Join My FB GROUP: https://llcfreedom.com/group 

 

Youtube: https://llcfreedom.com/youtube

Entrepreneur Like You has 110 episodes in total of non- explicit content. Total playtime is 17:26:59. The language of the podcast is English. This podcast has been added on August 26th 2022. It might contain more episodes than the ones shown here. It was last updated on September 15th, 2023 14:48.

Similar Podcasts

Every Podcast » Podcasts » Entrepreneur Like You