We learn more from failure than we do from success.


So today, let’s talk about a couple times where things went WRONG…


Over the past 2 weeks, I’ve been sharing a lot about building your team, working with a COO (Chief Operating Officer) to grow your real estate investing business, and how to be an effective leader.


Not everyone is ready for this level of growth yet…


…but if your goal is to scale up your income and your impact, this stuff is important.


I believe every business owner SHOULD consider bringing on a COO when the time is right.


Your COO is the person who “replaces” you as the day-to-day manager of your company and frees up your time so you can serve as the “visionary” leader your team needs.

But it isn’t all sunshine and roses.


As you can probably imagine, hiring someone to run your ENTIRE business is complicated.


My good friend Mike Simmons has tried to hire a COO twice…


…and both times, it didn’t work out.


But Mike learned some big lessons along the way that have made him a better leader.


And I’ve brought Mike on the podcast today to share what happened so you’ll know a bit more about what to do and what not to do when hiring a COO (or when hiring anyone, really).


Let’s dive in!

Links and Resources

1,000 FREE Seller Leads

Get your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately.

– CLICK HERE: BatchLeads.com

7 Figure Flipping Underground

If you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. Get the book plus bonuses.

– CLICK HERE: 7FFBook.com

7 Figure Runway

Follow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more.

– CLICK HERE: 7FigureRunway.com

7 Figure Real Estate Ready Room

Use this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost.

– CLICK HERE: 7FigureFlipping.com/Ready

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Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out…

Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe

7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listen

Facebook Group: We’ve built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/

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