389: He Changed His Strategy & Is Now Making $1M/Year! With Mike Simmons

<p>Are you tired of toiling in the trenches... and ready to run a business that <strong>cranks out profits</strong> without your constant involvement?</p><p>That's what today's guest has managed to do! In this episode, Michigan-based investor <strong>Mike Simmons</strong> shares exactly how he went from moderate success to <strong>$1 million in annual profit</strong>.</p><p>You'll learn why Mike <strong>switched gears</strong> from flipping to wholesaling real estate, <strong>what he's learned</strong> from spending hundreds of thousands of dollars on various <strong>marketing channels</strong>, and the<strong> four-point checklist </strong>you <em>must</em> use when considering any kind of partnership.</p><p>Ultimately, expert marketing tactics are fine and well. But to scale, you've got to master <strong>leadership and hiring</strong>—topics Mike covers in great detail here and in his new book, <a href="https://www.amazon.com/Level-Jumping-business-million-profits/dp/1734832703" target="_blank"><em>Level Jumping</em></a>.</p><p>So pick up a copy (see link below), and <strong>share</strong> <strong>this episode </strong>with a friend, family member, or fellow investor who you think would enjoy it!</p><p>In This Episode We Cover:</p><ul><li>Mike's remedy to cure a bad case of "<strong>analysis paralysis</strong>"</li><li>Why he <strong>switched gears</strong> from flipping to wholesaling</li><li>Why wholesaling is NOT always a great thing for <strong>newbies</strong></li><li>The marketing channels Mike uses to do <strong>100 deals per year</strong></li><li>Ultra-specific <strong>direct mail tips</strong> (from a guy who's sent hundreds of thousands of dollars of direct mail!)</li><li><strong>What most do wrong</strong> with direct mail marketing</li><li>How he made a <strong>$50K assignment fee</strong> and the key lesson he learned</li><li>Hiring and managing <strong>transaction coordinators</strong></li><li>Hiring his first salesperson on a "<strong>straight commission</strong>" pay structure</li><li>U