I’m really excited about my guest today because his outlook on business is a little different than anybody else I’ve had on the show. Tom Olson has managed to incorporate giving back into his KPI, and his investment strategy focuses on giving back to people just as much as he turns profits for himself. This kind of perspective, and the advice he’s giving out for young people today, is extremely important to your and my continued success in this business.
Tom’s real estate investment strategy is all about adding value. He uses wholesaling and leasing options to grow his turnover, but he also loves lending and manages to use that to his benefit as well.
You might think this kind of success is hard to come by. How can you achieve so much and share so much at the same time? When you think outside of yourself, that process becomes much easier. Because achievement doesn’t happen overnight. Achievement is a process, a process that you share with others and work on with others.
MINUTE MARKERS
5:30 - What is Tom’s expertise in real estate investing?
7:40 - Tom knows that good business comes from having the right kind of success
9:56 - Tom’s biggest influence is Robert Kiyosaki
11:55 - How did Tom just evolve naturally into real estate?
14:06 - Tom’s breaks down his unique breaking point
15:05 - What are the two things Tom wants to do?
17:54 - The biggest challenge Tom ever faced is happening right now
19:36 - How to say no at the right time
21:35 - Tom shares his investing strategy
26:04 - What is Tom’s wholesale and rental process?
30:22 - Tom is always looking to add value to people, to property, and to business
32:22 - The greatest life lesson Tom ever learned
36:32 - Tom’s advice is always: “Think bigger!”
37:51 - Tom’s favorite motivational quote
38:45 - Besides the Bible, Tom’s favorite book is Think and Grow Rich.
41:34 - Tom’s favorite mobile app
42:25 - How Tom convinced his wife to wake up at 5am with him every morning
44:40 - Does Tom get 8 hours of sleep every night?
47:20 -Never settle. There are bigger things out there.
48:46 - What is Tom most grateful for?
50:15 - Tom says to find a mentor ASAP
52:50 - How to help yourself in order to help others
55:55 - Why does Tom love this business?
57:15 - Get in touch with Tom at mlsbidder@gmail.com
Good success is more on the education side and teaching people. - Tom
Belief is the most powerful thing we can hold. When you believe you can, you can. - Tom
RESOURCES
Think and Grow Rich by Napoleon Hill
Traction by Gabriel Weinberg and Justin Mares
The Sleight Edge by Jeff Olson
7 Habits of Highly Effective People by Stephen Covey
The Mentor Leader by Tony Dungy
The War of Art by Steven Pressfield
The One Thing by Gary Keller
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