Andrew Schlag on Real Estate Investing, Creative Finance, and Building a Business You Enjoy · Investor Fuel Real Estate Show · Radar

Setting the Stage: Why Clarity Matters1:35 – 4:32

Mike HambrightHost

1:35

Yeah.

Mike HambrightHost

1:35

Thank you, man.

Mike HambrightHost

1:35

I appreciate those kind of words.

Mike HambrightHost

1:36

I, I would say back to having clarity in your vision of what it is you want to accomplish is I, I haven't ...

Mike HambrightHost

1:41

Not, not all of my businesses are that way and not all of them were that way-

Andrew SchlagGuest

1:45

Yeah

Mike HambrightHost

1:45

...

Mike HambrightHost

1:45

but I think, uh, after running Investor Fuel for, uh, about eight and a half years now, like, I, I've had to get really clear.

Mike HambrightHost

1:51

Like, through COVID and through the, you know, the market change here over the past few years.

Mike HambrightHost

1:56

And as you know, you do obviously a lot of, uh, coaching and working with a lot of people.

Mike HambrightHost

2:00

You really have to have clarity in what it is you're trying to accomplish because you're serving other people.

Mike HambrightHost

2:06

Like, if you don't have clarity, then you can't help them get the clarity, uh, that they need, right? [laughs] And so-

Andrew SchlagGuest

2:10

Yeah

Mike HambrightHost

2:11

... or, or there's plenty ...

Mike HambrightHost

2:12

I'm not here to knock anybody, but there's plenty of people that have been out there that all they care about is themselves, and you can't really serve other people [laughs] when all you care about is your goals, right?

Andrew SchlagGuest

2:21

Yeah.

Mike HambrightHost

2:21

And so you, you really have to become kind of a servant, uh, leader in the types of business that we're in here.

Mike HambrightHost

2:26

And even as a podca- I mean, having done the podcast now, gosh, this is 14 years for us doing the podcast, and so it's easy ...

Mike HambrightHost

2:33

You know, I looked this up a little while back.

Mike HambrightHost

2:35

I don't wanna sidetrack us too much here.

Mike HambrightHost

2:36

I'm, I'm good at that.

Mike HambrightHost

2:37

The average podcast host, uh, I don't, I don't know the exact numbers.

Mike HambrightHost

2:41

The average podcast is done, 90% of podcasts quit by the, uh, 10th episode, and, uh, like 70% of them are gone by the third episode.

Mike HambrightHost

2:50

Something like that.

Andrew SchlagGuest

2:51

[laughs]

Setting the Stage: Why Clarity Matters1:35 – 4:32

Mike HambrightHost

1:35

Yeah.

Mike HambrightHost

1:35

Thank you, man.

Mike HambrightHost

1:35

I appreciate those kind of words.

Mike HambrightHost

1:36

I, I would say back to having clarity in your vision of what it is you want to accomplish is I, I haven't ...

Mike HambrightHost

1:41

Not, not all of my businesses are that way and not all of them were that way-

Andrew SchlagGuest

1:45

Yeah

Mike HambrightHost

1:45

...

Mike HambrightHost

1:45

but I think, uh, after running Investor Fuel for, uh, about eight and a half years now, like, I, I've had to get really clear.

Mike HambrightHost

1:51

Like, through COVID and through the, you know, the market change here over the past few years.

Mike HambrightHost

1:56

And as you know, you do obviously a lot of, uh, coaching and working with a lot of people.

Mike HambrightHost

2:00

You really have to have clarity in what it is you're trying to accomplish because you're serving other people.

Mike HambrightHost

2:06

Like, if you don't have clarity, then you can't help them get the clarity, uh, that they need, right? [laughs] And so-

Andrew SchlagGuest

2:10

Yeah

Mike HambrightHost

2:11

... or, or there's plenty ...

Mike HambrightHost

2:12

I'm not here to knock anybody, but there's plenty of people that have been out there that all they care about is themselves, and you can't really serve other people [laughs] when all you care about is your goals, right?

Andrew SchlagGuest

2:21

Yeah.

Mike HambrightHost

2:21

And so you, you really have to become kind of a servant, uh, leader in the types of business that we're in here.

Mike HambrightHost

2:26

And even as a podca- I mean, having done the podcast now, gosh, this is 14 years for us doing the podcast, and so it's easy ...

Mike HambrightHost

2:33

You know, I looked this up a little while back.

Mike HambrightHost

2:35

I don't wanna sidetrack us too much here.

Mike HambrightHost

2:36

I'm, I'm good at that.

Mike HambrightHost

2:37

The average podcast host, uh, I don't, I don't know the exact numbers.

Mike HambrightHost

2:41

The average podcast is done, 90% of podcasts quit by the, uh, 10th episode, and, uh, like 70% of them are gone by the third episode.

Mike HambrightHost

2:50

Something like that.

Andrew SchlagGuest

2:51

[laughs]