We see and hear a lot of misconceptions about the land business, especially when it comes to giving advice to those who are just starting out, but what is some of the worst advice we have seen?
Listen in as Mimi Schmidt takes over the helm and leads the team this week into a discussion that will shed some light on some of the worst advice they have seen given, including:
- You need a website to get started
- Parcels have to be a minimum of 10 acres
Plus, advice that you give to yourself—You’ve seen the success of others, but you just want to try it on your own first for your own proof of concept.
Find out why the team says this is all bad advice and what you need to be considering instead.
Scott also mentions a couple other things that really makes him cringe.
- Setting up land “buying” websites
- In order to find a good area, mail to one area in large volumes over an extended period of time
Don’t Be Afraid to Come to Bootcamp - There is No Wrong Time
Another misconception that Scott often hears surrounds Bootcamp and the investor level you need to be at before attending. Bootcamp is for everybody at any level of the business. From complete newbie to seasoned pro, you will always walk away with something new for your business.
Bootcamp gives you what you need, when you need it.
The Bottom Line
There is a lot of great advice out there also, but we just want to make sure you’re going into this business armed with the right information so take advice from someone you know has been doing the business for a long time.
This model is easy if you follow the recipe. Don’t try to complicate it by following bad advice, it may set you up for a lot of frustration and frustration can lead to burnout.