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WIP 1596: Hiring Family - Is it Your Secret Weapon or a Recipe for Failure

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Manage episode 448420794 series 2391406
Indhold leveret af Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits!. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits! eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Ever thought about hiring a family member but worried it might blow up in your face?
Todd Toback tackles the big question: is hiring family a shortcut to loyalty and trust, or a fast track to headaches? Todd shares the do’s and don’ts, from setting clear accountability to creating healthy competition.
If you’re weighing the risks and rewards of working with relatives, this episode offers practical insights to help you make the right call!

---------
Show notes:

  • (0:51) Beginning of today’s episode
  • (1:04) Working with family
  • (3:48) If you can't hold someone accountable don’t hire them
  • (6:35) Anybody who works for you as a family member must play at a higher level
  • (7:38) It’s okay to pay family members 10%-20% above market value
  • (9:46) You need to create competition

----------
Resources:

  • The 4-Hour Work Week by Tim Ferris
  • To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

  continue reading

1544 episoder

Artwork
iconDel
 
Manage episode 448420794 series 2391406
Indhold leveret af Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits!. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Find distressed properties for pennies on the dollar and turn them for huge profits!, Find distressed properties for pennies on the dollar, and Turn them for huge profits! eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Ever thought about hiring a family member but worried it might blow up in your face?
Todd Toback tackles the big question: is hiring family a shortcut to loyalty and trust, or a fast track to headaches? Todd shares the do’s and don’ts, from setting clear accountability to creating healthy competition.
If you’re weighing the risks and rewards of working with relatives, this episode offers practical insights to help you make the right call!

---------
Show notes:

  • (0:51) Beginning of today’s episode
  • (1:04) Working with family
  • (3:48) If you can't hold someone accountable don’t hire them
  • (6:35) Anybody who works for you as a family member must play at a higher level
  • (7:38) It’s okay to pay family members 10%-20% above market value
  • (9:46) You need to create competition

----------
Resources:

  • The 4-Hour Work Week by Tim Ferris
  • To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

  continue reading

1544 episoder

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