Why Team Work is Limited Go Rogue Pro (CFFL 0250)
Why Team Work is Limited Go Rogue Pro
Jack Butala: Why Team Work is Limited Go Rogue Pro. Every Single month we give away a property for free. It’s super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don’t even have to read it. Thanks for listening.
Jack Butala: Jack Butala and Jill DeWit.
Jill DeWit: Hello.
Jack Butala: Welcome to our show. In this episode, Jill and I talk about why teamwork might be limited and maybe you should just go rogue pro. Go in alone. Hey, great show today. Jill, let’s take a question posted by one of our members on SuccessPlant.com, our free online community.
Jill DeWit: Okay, cool. The Watson family, I love it. They have a nice photo of the three of them. It’s really cool. They wrote this question, “Greetings. We received photos back from the photographer of our property and there are approximately 50 head of cattle grazing on our land. The property is fenced on all four sides. The neighboring properties are used for grazing. We’re about to start marketing the property. What would you recommend doing in this situation?”
Jack Butala: Hey, I had a … I bought a property … This is a good thing, not a bad thing. This is a great thing, actually. Surprises on your rural vacant land are 99% good. I’ll get to the 1% of bad in just a second. I bought a large ranch that was all cut up into 40 acre properties a few years ago in New Mexico and one of the 40s, I got a letter because the guy went to the real estate office and looked us up and he asked me to do a grazing lease for one specific 40 acre property, and there were a lot of them. I said, “What the heck? Let’s do a grazing lease.” Now I got income property. We sold it a long time ago. I actually sold it to the rancher. What happened was I sold it on the internet and I said, “You know, I’m going to call this rancher,” and he said, “Heck yes, I’ll buy it for that.” I don’t think he knew how cheap we were selling it. Yeah, Watson family, I would find out whose cows they are and I think I would look into charging. It might be the same amount that you’re looking for. If you’re going to sell the property on terms, it might be the same amount. Don’t sell it, lease it. Do a lease.
Jill DeWit: Exactly. Yeah, awesome. Yeah, or if you don’t want to hang onto it, that’s a nice thing that you’re doing. You’re selling an income property now.
Jack Butala: Yeah, I mean balance sheets are not the best for farms. Farms get reimbursed for a lot of different ways. It’s my understanding that not owning a property, you sell it a lot better. They don’t want it. They want to lease it from you. The fence thing …
Jill DeWit: It’s kind of cool, too.
Jack Butala: It is. I don’t know whose fence it is. It could be the fence of the other properties, but again, any improvements are good except nuclear waste. No, any type of EPA violation, anything that has to do with any kind of waste at all, including Freon in a leaky refrigerator. I’ve had that problem too. It was a junk pile there and a bunch of refrigerators leaking Freon, that’s a huge problem, actually. I’m not making light of it or joking about it at all. It’s bad for the environment. Do you know if you spill, incidentally, if you go to fill up your car and you have a diesel car and you spill a pint of diesel fuel at a gas station, they’re required to contact the EPA.
Jill DeWit: Are you serious?
Jack Butala: Yeah. The EPA is …
Jill DeWit: They’re supposed to come out and do a whole big … Here they come in their big suits. Quarantine. I’m just pumping gas and I did a bad job. Next thing you know …
Jack Butala: No, I mean, I got a lot of funny things to say. Anyway, the EPA … If you go to EPA.gov and you look up where you’re buying a property and just to check to see if it’s a super fun site or if there’s waste down there, 9 times out of 10 there’s going to be some horrific news about not just the property that you to …
Jill DeWit: Why would you go there?
Jack Butala: You wouldn’t, Jill, thank you.
Jill DeWit: Hello. I have some questions now. Let’s think about any possible problem. No.
Jack Butala: Exactly. Thank you.
Jill DeWit: Do you know what a funny thing is, though, that I was going to say, Jack, is one of the things I really appreciate you is I really do not know what’s going to come out next.
Jack Butala: Out of my mouth?
Jill DeWit: I know. Yes. You’re sharing with us about spilling gas at a gas station and the possible problems. Now we’re all going to be paranoid about spilling gas. Thank you.
Jack Butala: That’s not why I said it. Why I said it was just because it’s so absurd. It’s silly government intervention. I got a buddy whose name is Simon, I’ve known him for a ton of years, probably 30 years, and he has a picture in his wallet of his father pumping gas at a gas station and his father’s a kid, it’s a black and white picture, and smoking a cigarette like he’s got the pump pumping in one thing and smoking a cigarette in the other. It just didn’t dawn on him or the photographer that they may die.
Jill DeWit: That’s hilarious.
Jack Butala: That’s why he keeps it in his wallet because it’s so funny.
Jill DeWit: That’s really funny. I did not know that.
Jack Butala: I got a lot of EPA phase one and phase two awful stories that I’m not going to share in this episode.
Jill DeWit: Yeah, that’s not what this is about. That’s crazy.
Jack Butala: How’d we get on talking about that?
Jill DeWit: That’s, again, one of the things I appreciate with you. You just bring up some interesting, interesting things all the time.
Jack Butala: Today’s topic is why teamwork is limited. Maybe you want to go rogue pro. This is the meat of the show. What do you think, Jill? Why would you want to go in alone? I think a lot of us, especially our members, and I think us in a lot of ways, we’ve got a team. There’s way more outsourced people than there are people who work for us and handle that stuff. Especially when you’re starting out, you’re going to be a one person operation. You’re going to become a rogue pro. You’re going to have to get scrappy. You’re going to get your hands dirty and figure it all out. You’re going to record your own deeds and make mistakes and people are going to yell at you. Can you handle it? I can. I like that stuff. I think it grows hair on your chest if you’re into that kind of thing, so to speak.
Teamwork is incredibly important, we all know that. If you ever played a sport, it’s essential. Teamwork’s important in all kinds of relationships with kids and family and the whole thing and work situations, but in the end, man, it’s just you standing in the mirror, getting stuff done.
Jill DeWit: You know what’s interesting about this, the point you brought up about it’s just you? One of the things that I like about our relationship and I’ve seen this now, I’ve learned in business, teamwork is different in different … How do I say this? When you both have skin in the game, it’s a whole different ball game versus you think someone’s on your team but they’re an employee, they don’t really have skin in the game so it’s a whole different world.
It’s like you own an ice cream shop. I always remember this one. You have the ice cream shop and you have this manager and even if you provide bonuses for a manger based on sales or whatever like that, they’re still going to be giving out free ice cream differently than if they were a co-owner having skin in the game. You know? It’s so interesting.
That’s one of the things that I always thought about too, any business that I’ve gone into or even considered was any person that I’m really partnering with in a big way, a percentage because then there’s skin in the game.
Jack Butala: You know, I read an article a long time ago about starting a company and I think it was Inc Magazine, it was one of the big ones, not some of the small ones today, and they said the number one thing you should not do if you’re starting a company [inaudible 00:07:47] is borrow money or get equity financing. They said the statistics are automatically then immediately against you because it’s just what you said, Jill, it’s your own money.
Jill and I, we don’t talk about this enough, we designed Land Academy to be a company that you can start with your own money. You don’t need to go out and get all kinds of money or anything like that. When you start your own company with your own money, the statistics are overwhelming that it’s going to succeed because it’s …
Jill DeWit: You’re already ahead of the game.
Jack Butala: Yeah.
Jill DeWit: I think you’re right. That’s why a lot of people love us and follow us and they were into it because we did it. I mean, we could successfully say, dude … You did it, Stephen, really.
Jack Butala: Yeah. I mean, you can start with 500 bucks. We have members have that done this and are doing it right now. 500, double it, it’s 1,000. Put your $500 back wherever you got it. Now you got 500, double it, 1,000, double it, 2,000, 4,000, 8,000. People are doing this. It doesn’t take long to if you do a deal a month to have a tremendous amount of money and assets and the whole thing.
Jill DeWit: Just don’t spend it. Put it back in, put it back in, put it back in. Don’t get business cards and don’t get crazy.
Jack Butala: Don’t quit your job. Don’t think about quitting your job.
Jill DeWit: Exactly.
Jack Butala: Don’t pay your bills with it or buy beer.
Jill DeWit: Right. A beer.
Jack Butala: Okay, one beer.
Jill DeWit: One beer. You can celebrate a little bit.
Jack Butala: This is the Technical Two, two minutes of property investment advice from our 15 year, 15,000 plus …
Jill DeWit: I love it. This is Success Pants. Good thing you don’t have … Success Pants with a plus …
Jack Butala: You know, do you ever know somebody like in high school where … Or anybody in the office and they make a mistake just like I did and you call them out and laugh and they get just livid angry.
Jill DeWit: I don’t hang out with those people, so I don’t really know.
Jack Butala: I don’t either. If you’re one of those people, turn the radio off.
Jill DeWit: Yeah. We’re going to offend you at some point.
Jack Butala: We should do a show about this. You have to make fun of yourself. If you can’t make fun of yourself …
Jill DeWit: Yeah, totally.
Jack Butala: Let me try again. This is the Technical Two, two minutes of property investment advice from our 15 year, 15,000 transaction experience. It’s all about you, folks. Yes, you, in business. When is it okay socially to just sit around and talk about yourself forever? Did you ever go on a date like that and listen to somebody talk about themselves?
Jill DeWit: Only one date.
Jack Butala: We’d be out the window … Out the window in the women’s bathroom.
Jill DeWit: I wonder why she left. I don’t know what happened. That was quick.
Jack Butala: There’s an app you can make your phone call in like three minutes. Did you ever see that?
Jill DeWit: Oh, I’m sure.
Jack Butala: You can get out of there.
Jill DeWit: Girls have been doing that forever. We don’t need an app.
Jack Butala: In business, you know these crazy, narcissistic CEOs who are incredibly successful? There’s a reason for that. It’s all about them. Being successful in business, it’s a little bit different than in your house. You don’t want to walk around and be the boss of your house. You’re not going to have family for long. At work, you keep a ruler on the desk and make sure everybody’s in line. What’s that saying? At home, it’s a democracy, at work it’s a dictatorship or something like that.
Jill DeWit: I don’t know.
Jack Butala: I personally believe in that.
Jill DeWit: Did you make that up?
Jack Butala: No, I didn’t.
Jill DeWit: Okay. It sounds like something you totally made up. You know what? That’s the funniest thing. Here’s what’s coming, you’re going to start making up these great things with speakers I’ve never heard of because it’s all made up. Remember about that guy, that famous sports writer Bob Mackey said?
Jack Butala: Bob Mackey. Oh my god, you want to hear a story about that?
Jill DeWit: Yeah.
Jack Butala: I’m from Detroit, right? People for a long time in my life, they would say, “Hey, where are you from?” I would say, “I’m from Awfulville, Michigan.” “What? Where’s that?” “Awfulville, it’s real close to Shittyville.” “What? What are you talking about? I’m from Michigan. I know where that place is.” Oh, you’ve heard of Awfulville. I’m saying Awfulville.
Jill DeWit: Exactly.
Jack Butala: People are just like, “Yeah, yeah, Awfulville.”
Jill DeWit: That’s like Walled Lake, I thought that was a joke. What do you mean, Walled Lake? How do you spell that?
Jack Butala: Walled Lake. W-A-L-L-E-D.
Jill DeWit: You mean Balled Lake? I’m so confused. What the heck is Walled Lake? Got it. That’s funny. All right.
Jack Butala: If you have a question or if you want to be on the show, call 800-725-8816. Jill, inspire us.
Jill DeWit: My inspiration actually ties into something you just kind of touched on, which is really, really good. My inspiration is, are you having fun, or are you letting your work mode spill into your life mode, spill into your home mode, spill into how you talk to everybody around you mode?
Jack Butala: I’m going to tell a story.
Jill DeWit: Do not let that happen. I’ll tell you how you find out if you’re doing it. Number one, no one’s talking to you. Number two, everyone’s arguing with you. Number three, your kids go, “Oh no, he’s home again.”
Jack Butala: This sounds like a commercial.
Jill DeWit: Oh no, dad’s here. Let’s go.
Jack Butala: Are people leaving little notes on your desk once a week?
Jill DeWit: Is no one scheduling a meeting with you again? Is your wife sleeping somewhere else? It’s not you. She’s voluntarily going somewhere else. That could be an indication that you’re doing it wrong.
Jack Butala: Did your kids stop calling you Dad?
Jill DeWit: Exactly. Are your kids living at your neighbor’s house? Yeah, not that this has ever happened to us because that’s how we know something about this.
Jack Butala: Has your dog turned on you?
Jill DeWit: That’s right. Oh my gosh.
Jack Butala: This inspirational portion of this show is a direct result of Jill pulling me aside very recently and saying, “You need to stop being crazy like you are at work, that’s okay, at home. You’re nuts at home, man.” She’s right.
Jill DeWit: Thank you.
Jack Butala: That’s why you have people in your life that tell you stop it. Don’t wear that tie with those shorts.
Jill DeWit: With shorts. Definitely keep the black socks.
Jack Butala: That’s what these kids wear.
Jill DeWit: They do that sometimes. It is kind of funny, you’re right. What the heck? White shoes. It’s really funny. It’s true.
Jack Butala: Jill …
Jill DeWit: Thank you.
Jack Butala: Join us in another episode where Jack and Jill discuss how to use information, that’s me …
Jill DeWit: … And inspiration, that’s me …
Jack Butala: … To get just about anything you want.
Jill DeWit: We use it every day to have fun and buy property for half of what it’s worth and sell it immediately.
Jack Butala: You are not alone when you’re a narcissistic real estate agent.
Jill DeWit: You’re such a stinker.
Jack Butala: You don’t like narcissistic real estate?
Jill DeWit: No. What the heck is that? Is that your new … That’s going to be … Could you imagine?
Jack Butala: That’s what the show’s about.
Jill DeWit: Wait, wait, wait, how funny this would be. I wonder how many people catch it, you know like the sign sticking out of the ground with Century 21 Realty. What if it said Narcissistic Realty? I wonder how many people would drive by and go, “Wait a minute,” and then call the number to find out it’s really legit. I bet a lot of people would drive by and it wouldn’t even phase them. They probably wouldn’t even get it.
Jack Butala: I think you’re right. I think that’s exactly what’d happen. Johnny Narcissist, he’s [inaudible 00:15:26].
Jill DeWit: That’s right. You know, we’re part of the narcissist team.
Jack Butala: Those narcissists, those guys do a lot of deals.
Jill DeWit: Hi, thank you for calling Narcissist Reality. I’d offer to help you, but I don’t want to.
Jack Butala: I’m not going to listen to you. I only love myself.
Jill DeWit: It’s all about me.
Jack Butala: Would you like to know what I’m wearing? You would?
Jill DeWit: Hi, thanks for calling, this is a bad time. Goodbye.
Jack Butala: Hi, thanks for calling. You’re lucky as hell I answered the phone at all.
Jill DeWit: Yeah, that’s right. Bye. If you want to buy someone, find someone else. Buy something, find someone else to deal with it. Bye.
Jack Butala: You know that two year olds answer the phone just like that.
Jill DeWit: Hi, my mommy’s in the bathroom. Yeah.
Jack Butala: She’s been in there for three days. I’m hungry.
Jill DeWit: Yeah. My mommy, I don’t know. She took a book and her phone and I don’t think she’s going to the bathroom. No mom has ever done that.
Jack Butala: Oh my gosh.
Jill DeWit: I’ll hide in my closet.
Jack Butala: You know what my kid said one time a long, long time ago? He said, “My mom buys batteries at the grocery store all the time and I don’t know why. I don’t know what she uses them for.” I just laughed and said, “Maybe she’s got an Xbox.”
Jill DeWit: That’s it. It’s for her remotes.
Jack Butala: Mm-hmm (affirmative), her remotes.
Jill DeWit: Dude. You can’t share that, can you? All right, on that note …
Jack Butala: Oh my goodness. Information and inspiration to buy undervalued property.
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