RG 261 - The Open Secret to Scaling Your Business – w/ Mike Simmons

From making career switches to scaling a business, Mike Simmons shares some of the best and worst moments of his journey in this week’s episode. Join us as we provide some valuable insight into letting go of irrational fears, paving your way into the world of entrepreneurship, and scaling a business to where it needs to be. Mike Simmons is a real estate investor, public speaker, co-owner of the company Return on Investments, and the producer and host of the podcast Just Real Estate. Like many other late bloomer entrepreneurs, Mike didn’t get into real estate until he was in his mid 30s. Despite having a good income in his 20s, he realized that he couldn’t retire unless he put his money into investments, which eventually lead him to the world of real estate investing. But in spite of making the leap, Mike held onto this irrational fear of being judged by his friends and family for investing in real estate—until he and his wife started gaining success. A lot of us can relate to this; having irrational fears, being hesitant to start because of those fears, and ultimately letting those fears get to our heads. Mike has first-hand experience dealing with that, and his story may be just the thing to help you get started. Mike is also a best-selling author, having written the book Level Jumping wherein he educates others on how to scale their business. In this episode, Mike gives us a rundown on the most important steps or strategies in successful scaling, including documenting your processes, knowing your numbers, and building a team sooner rather than later. KEY TAKEAWAYS 1. Surround yourself with people who can motivate you to raise your game. 2. Don’t let irrational fears hold you back from starting your path to success. 3. Being an operator is very different from being a leader. 4. Other people won’t care as much for your business as you do. 5. Chances are, you have to start building a team sooner than later. 6. The first person you hire is for the job you suck at the most. LINKS https://www.linkedin.com/in/mikessimmons/ https://mikesimmons.com/juststartrealestate/ https://podcasts.apple.com/us/podcast/just-start-real-estate-with-mike-simmons/id732855311