Learn how to find a mentor to fast-track your success as a land investor.
When you tell your friends and family that you are thinking about starting your own real estate investing business, you will likely get a mixed response.
Somebody will undoubtedly tell you that 90% of start-ups fail in the first five years, a fact corroborated by Forbes. However, that is no reason to give up on your dream of becoming a successful land investor.
How do you improve your chances of success in land investing?
Many factors affect your chances of succeeding in your real estate investing business.
To be successful, you need to get a few things in place:
- A clear, proven, and implementable business plan, such as that provided by the Land Profit Generator Real Estate Investing Method
- Robust systems and processes to keep you on track, such as the Investment Dominator CRM
- It would be best if you had a depth of knowledge in the field, as provided in the Land Profit Generator 2.0 program
- You need experience doing land deals
It can seem like an awful lot to get in place, especially if you start your business part-time. And it can take a lot of time and a lot of effort to master them all. However, there is a shortcut to success!
The fastest way to ensure that you have everything you need to start making real profits as a land investor is to get somebody who has already succeeded in your corner. In other words, get an expert mentor to fast-track your success!
What is a mentor?
According to Business News Daily, a mentor is a seasoned professional who helps guide you in your professional endeavors.
A mentor is there to lead you in the early phases of your land investing career. It is essential to understand that your mentor is not going to do the work for you. Instead, your mentor will provide ongoing support and advice, guiding you through the steps and processes to gain mastery in the shortest possible time.
A mentor will assist you in setting realistic goals. They will provide the support that you need to be held accountable for achieving those goals. In short, an experienced mentor will dramatically reduce the time it takes to progress to mastery in your land investing business.
How do you find a mentor?
If you go online to find a mentor, you will likely find hundreds of self-proclaimed real estate investing experts. These ‘experts’ will offer you a wide range of product packages – all at a cost. Most will provide you with some online courses or a few video tutorials. Hardly any will offer you a personalized program or will come laden with unseen add-on costs. So, how do you separate the good from the bad?
- Do your research:
Make sure your prospective mentor has a proven track record as a land investor. You want to find somebody that is in the top 1% of land investors in the country.
- Ask around:
Look for testimonials from others that have achieved success in land investing under the mentor’s guidance.
- Accountability check:
Make sure that the person in question is affiliated to a reputable coaching company. If they are not answerable to anybody, who will hold them accountable for their results?
- Make sure it’s a fit:
If you and your prospective mentor are not a good match in terms of personality or how you approach tasks, you are unlikely to have a positive experience. Doing a psychometric assessment can be helpful here.
- Pay your dues:
When it comes to coaching, you get what you pay for! If the course is inexpensive, you are likely to get a low-quality, mass-produced product. If it costs hundreds of thousands of dollars, you are being ripped off! Find out what the course’s ROI rate is, and go with the one with the best-proven results!
If you are serious about becoming a successful land investor, the best investment you can make is a comprehensive, proven, and personalized mentorship program.
If you would like to find out more about the Land Profit Generator Coaching program, book a call with one of our consultants today.