Announcer: Please note disclaimers at end of show. Welcome to Creating Wealth with Jason Hartman. During this program, Jason is going to tell you some really exciting things that you probably haven’t thought of before and a new slant on investing, fresh new approaches to America’s best investment that will enable you to create more wealth and happiness than you ever thought possible.
Jason is a genuine self-made multimillionaire, who not only talks the talk, but walks the walk. He’s been a successful investor for 20 years and currently owns properties in 11 states and 17 cities. This program will help you follow in Jason’s footsteps on the road to financial freedom. You really can do it. And now, here’s your host, Jason Hartman, with the Complete Solution for Real Estate Investors™.
Jason Hartman: Welcome to Creating Wealth Show No. 123. This is Jason Hartman and I’m glad you joined us here today. Before we get into the show today with a very special guest, Dan Sullivan, who heads up a company called The Strategic Coach – I’ve been a fan of his for a long time, and I’m sure you’ll get some very valuable information from him. He’s going to talk a little bit about general life and business.
And by the way, I have to announce a slightly new focus of the show that we will be hearing about from time to time. We’ll have some guests on this topic. We want to talk a little bit about creating wealth in some other ways. Clients and listeners have expressed some interest that I am listening to and wanting to cater to on home-based business, entrepreneurship, and on internet marketing, social media marketing, and other ways that you can earn money, more of an income-based approach rather than a creating wealth approach for investments. And there we, of course, focus on real estate, which is without a doubt the most historically proven asset class in the history of America, if not the entire history of the world.
But before we get into our interview with Dan Sullivan today, which I think you’ll really enjoy, I have, for the first time ever, our editor in the office here with me, and that is Ari. He is an investment counselor here and on the side, because in his prior life, he was a sound engineer and has a background in editing of audio and production of audio, and does a great job at that. So say hello, Ari. This is your first time on the show.
Ari: Hi, Jason. Thanks for having me on today. I’m so used to actually editing the show, but today, I’m actually going to be on the show.
Jason Hartman: I know and I’ve asked you to be on before and you never seemed to want to very much. But I’m glad you’re here today. Also, you’ve heard from her before, but our investment counselor and also rental coordinator, Sara, is here with us. Hi, Sara.
Jason Hartman: So before we get into the show today, we want to talk a little bit about the Masters Weekend. It’s now Wednesday and we just ended the Masters Weekend on Sunday evening. I tell you, it was a great weekend. I really enjoyed it. What did you guys think?
Ari: I agree. It was a great weekend. We had a lot of new clients come in and a lot of past clients come in. The room was packed. We had a lot of great speakers, a lot of great information. This is my second Masters Weekend that I’ve attended, and I have to say, even though we had a few speakers that were there last time, they always speak about something different and I always take away something really great from every time that they’ve presented, so I liked it.
Jason Hartman: And we had some great new speakers, too. We had our newsletter editor, who flew down from Portland, and he gave a speech and talked about Packaged Commodities and buying below construction cost and comparing the stock market to real estate, and just all kinds of great things. Sara, what do you want to say? You look like you want to say something.
Sara: Yeah, I have to say Doug’s presentation was one of my favorites. I thought he did a great job, being one of my clients in the past, and actually having invested with us. But he really drove home the inflation topic and I was able to take it back. I had a long discussion with my grandmother this morning about inflation and so I have to give a shout out to my grandmother because she’s a podcast listener, too.
Jason Hartman: Well, that’s great! Hi, Granny! How are you doing?
Ari: One thing I want to say, Jason, is that I think the best part of all the Masters Weekends are the testimonials from clients that get up there and speak about their experiences with Platinum Properties. And I have to say, Richard from England, that was an amazing testimonial because not only is he investing out of his backyard, but he’s investing out of the country.
Jason Hartman: And not just that. He flew out here for the Masters Weekend, so Richard, again, we appreciate you coming. You are, so far, the furthest away guest we’ve had. And we had guests also from all over the country. We had area experts, our local market specialists from some different areas, and other speakers. And when you say the panel, I really want to say that’s not testimonials and the reason I say that is because that panel is really kind of the good, the bad, and the ugly, tales from the edge, the real story about investments. It’s not all good. There are a few bumps in the road, but we’ll help you get over them. This is not a perfect thing in terms of income property investing, but it is the best thing. It may not be perfect. It’s just better than everything else.
Sara: Well, we have to be sure to thank Joan for her brutal honesty. She’s had a little bit of a story and a journey with her real estate investing, but at the end of the day, she’s been able to get most of it resolved and move forward and do well with her investments.
Jason Hartman: It’s really great. Well, I want to go over just kind of how the weekend progressed and first, I gave the opening, a speech, which I usually do, and I talked about financial self-defense. And then we had our first local market specialist, who flew out from Atlanta, Georgia, and that was Reed. Reed talked about the properties we have in Atlanta that you can purchase with as little as $5,000 down. Return on investment is fantastic on those.
And then we had Peter, who’s been on the show before, talk about tax secrets of wealthy investors and talk a little bit about the Go Zone, which is kind of coming to a conclusion here, but we still have investors that are interested in Go Zone investing. If you are, go to www.JasonHartman.com and contact us that way.
And then we had Danny and he was a first-time speaker, who talked about the secrets of credit restoration and credit enhancement. We had him on the show before, but this is the first time we had him speaking at a Masters Weekend. We got really good reviews on Danny’s talk. Your credit is an asset and you want to use that credit as much as possible. If you don’t use it, the asset isn’t worth anything. So you want to use it, you want to protect it, you want to enhance it, and in some cases, and we’re seeing this more and more nowadays, people are actually being told that if they want to get a loan modification, they have to let their payments fall behind. That’s a risky deal, folks, but I will tell you lenders are telling people to do that out there and we’re seeing people do it more and more.
But it is risky and you want to make sure you have a consultation with a credit enhancement and restoration expert if you’re going to pursue that route.
We had my friend, Corey, come talk about mobile home parks and self-storage investing. That was a real highlight. Between all of his mobile home park pads and all of his self-storage units, he’s got 2,700 units. He’s a multi, multi-millionaire and has really done some great things in the mobile home park and self-storage world. If you’re interested in finding mobile home parks or finding self-storage facilities, contact an investment counselor here at Platinum Properties Investor Network at www.JasonHartman.com and we’ll be glad to help you do that.
Of course, we’ve had breaks and lunches in between here. They were really fun. And then we had our Indianapolis presentation. Of course, Angela and Joe came out, as they always do, and we showed some pretty funny home videos there that I made when I was in Indianapolis before.
Sara: Yeah, and it was really great to have David come out and tell his experience. He’s purchased several properties.
Jason Hartman: David, I’m sure you’re listening. You’ve been on the show before. I had you on several shows ago, but you have to diversify. You’re done with Indianapolis, okay? You have enough properties there. You’re going to own the whole town soon.
Sara: He found out later that this was actually an intervention.
Jason Hartman: Some people do become a little addicted to this, don’t they?
Sara: Oh, absolutely. He’s looking at some other markets now and he’s traveling around. We’re just glad that he made it out and told his great stories.
Jason Hartman: Yeah, that was a great story. And by my home videos, I mean when I was in Indianapolis in some of these markets, I’m taking little videos on the iPhone. And you know, they come out pretty good, but one of them was kind of funny. We’ll probably get that out to you soon here and you’ll see it and you’ll get to laugh.
By the way, I want to mention, listeners, we have a video podcast. Make sure you are subscribing to our video podcast. If you’re using iTunes, just type in Jason Hartman in the search bar. You’ll get the Holistic Survival podcast, the Speed of Money podcast, of course the Creating Wealth podcast you’re listening to now, and also the Creating Wealth video podcast. There is some good stuff on all of those, so be sure you subscribe to all of them. They’re free, so why not?
So we had Angela and Joe talk about Indianapolis, and funny home videos there, too. Then we had Cathy do her presentation. She’s spoken at every Masters Weekend on the power of analysis, how to evaluate properties and make sure that you’re making decisions rationally, you’re using logic, and you’re using metrics to evaluate investments so you don’t make mistakes. Everybody liked that.
Ari: I have to agree. Everyone liked that.
Jason Hartman: Yeah, she’s really great. Cathy, we really appreciate your involvement. We talked about organizational techniques and how to organize your investing business. We had Randy, who’s been on the show before, talk about mortgage lending and some of the ins and outs there, and really mortgage planning and financial planning. He has a very special take on the borrowing side of the real estate investment world, which was interesting. And by the way, chime in if you guys have any comments. I know I tend to do all the talking.
Sara: Well, I’ve been working with Randy now for at least a good two years. He’s great and has helped a lot of our clients with financing and financial planning aspects, so we really enjoy working with Randy. He’s pretty sharp.
Jason Hartman: And then we had, of course, questions and interaction throughout the day, and we had the 1031 Exchange presentation. Remember with income property investments, folks, they’re not only tax advantaged in the fact that you get non-cash write-offs or phantom write-offs through depreciation, which you don’t actually have to pay for and that’s a wonderful thing. But you can trade your investment properties all your life and just defer tax forever. We say defer till you die, and that’s a great deal. You can’t do that in the stock market or with mutual funds.
And then we had some fun after that, didn’t we? What did we do Saturday evening?
Ari: Cash Flow.
Jason Hartman: Yeah, we had the Cash Flow Game. We served adult beverages.
Sara: Yes, we may have served too many. We won’t mention any names.
Jason Hartman: Okay, Doug, we won’t mention any names.
Ari: But the Cash Flow Game is a great game. If no one has played that before, it just teaches you a whole lot.
Jason Hartman: That’s Robert Kiyosaki’s Cash Flow 101 and Cash Flow 202 games, and folks, those games are pretty good. They’re very real. They’re like a contemporary version of Monopoly and the point is to get out of the rat race and get into the fast lane, and that’s what we help you do here at Platinum Properties Investor Network.
Sara: And I have to say I’m still a little bitter because I just lost my first Cash Flow game last weekend due to the fact that I had three babies.
Jason Hartman: Well, you know kids are expensive. They’re mighty cute, aren’t they? All right, so we had fun doing the Cash Flow game and then we ended about 9:00 p.m. on Saturday night, so that was a long, long day. That was a good 12-hour day. And then Sunday, we started with my presentation on keeping the faith with your investments. Of course, we did a continental breakfast both days. And then we had our first area presentation. Lou came out from Phoenix. And again, that’s a market that we shut down for three and a half years or so, and then we reopened it because it’s a half price sale in Phoenix and things are good there again. It’s a good time be looking back at that market again.
Ari: Yeah, actually, a lot of people liked the presentation because a lot of good property management stuff involved and it’s a great market to go into right now.
Jason Hartman: And Ari, you just spent about a week in Phoenix before the Masters Weekend, a business week, five days; not seven. And what did you think when you were out there? You looked around at properties. You met with our manager. You met with our local market specialist. What were your impressions?
Ari: I’ve been doing a lot of research on Phoenix in the last few months, just reading a lot about the trends, the job growth, what’s going on there, and not only do I feel that the market is at the bottom there. I feel that there’s just so much growth there for continued housing. There’s a lot of land still out there that’s going to be built on and a lot of people are moving there. I think it’s kind of the perfect storm out there right now. Prices are so cheap. Like you said in your previous podcast, they’re cut in half, if not more. I saw values that dropped 60 percent.
And with the combination of our property manager out there and low interest rates, it’s a perfect storm right now to invest out there.
Jason Hartman: I think Phoenix really is especially comfortable for the Californian investor because it’s so near by. It’s an hour on a plane. It’s five hours in the car. It’s just comfortable. Everybody in California has been there.
Sara: Except for me. I’ve never been to Phoenix.
Jason Hartman: Really? Wow, that’s amazing. I’m surprised.
Ari: Well, if you’re going to go out there, this is the best time to go because the weather is perfect.
Jason Hartman: Yeah, in the fall, it’s really nice. Okay, so we had our Phoenix presentation with Lou, and then Doug spoke on limiting risk using my Risk Evaluator™ model, but Doug really took it to a whole deeper level with a lot of very specific, kind of analytical approach, where it was just presented more conceptually before that. You want low land values, high improvement value, and you want to buy at or below the cost of actual construction. So that was really interesting and that was using my technique called Packaged Commodities Investing™.
And then, what did we have? We had Brenda talk about Property Tracker and Property Evaluator. And then we had lunch, and then our panel discussion was Patrick, Richard, Joan, and Joe, and that was fantastic. We thank all of you for participating. I’m sure you’re listening now, so we really just want to say thanks again for participating in that.
After the panel discussion, we talked about investing in real estate, using your IRA. So you can with certain qualified retirement plans use them to invest in real estate and that is a much better deal than it used to be actually because the way the mortgage market has changed. So talk to an investment counselor here for details on that.
Then we had pumpkin pie and carrot cake. I love pumpkin pie.
Ari: Jason’s favorite.
Sara: I’ve been having carrot cake for the last three days.
Jason Hartman: I think it’s probably done now sitting in the fridge. No more carrot cake.
Then we had Glen come in and talk about the lending market, in terms of private money and private money borrowing and non-owner occupied property lending. We talked a little bit about prepaid legal. That’s such a great service, folks. We aren’t pitching it, but that’s just a bargain for $26 a month, if you have questions about that great system that gives you a lawyer in 50 states.
When you’re investing across state lines, it’s a really handy service to have for less than $1.00 a day, so we highly recommend that service.
And then we had our last area presentation, which was Phil, who talked about the Dallas market. We used to very active in Dallas and then we sort of – we weren’t doing as much there, and now, we’re really back into the Dallas market again as there are some really good opportunities there right now.
So all in all, I think it was a really great Masters Weekend.
Sara: Yes, it was absolutely great. I did want to add I was actually very surprised about the Dallas presenter, Phil. I talked to him before, I met him before, and I know they have really, the one-stop shop there, but when I saw all the different intricacies of what they do on the rehab of the properties and getting them rent-ready, they’re pretty sharp out there, too. So I was really excited about that.
Jason Hartman: You’re absolutely right about that. The last time I was in Dallas, I was with him, I was looking at the properties in August – so just a month and a half, two months ago – and they do things to make the long-term maintenance cost of that property really low. I’ll give you one example. If they’re replacing the flooring in, say, the kitchen, what they do is they use a vinyl that looks like wood flooring.
And it looks really good nowadays, folks, but here’s the reason for that. If you use the typical linoleum or vinyl type product and you had one little tear in it, say the little leg on the refrigerator tore the vinyl, you would have to replace potentially the whole floor. You couldn’t really patch it. But the reason they use the wood grain look is because it’s in the form of planks, just like a real wood floor would be. So you can literally take a razor blade and cut out one “plank,” if you will, put another one in, glue it down, and you’ve fixed it. And there are all these little tricks, like the paint you use, that really make the long-term maintenance of a property much more affordable.
So we’re always looking for contractors who practice these kinds of best practices in their business so that your long-term investment experience is a good one. Anything else on the Masters Weekend?
Ari: Well, I would just like to say that – I always say this to my clients – if they could only go to one event that we have, the Masters Weekend would be the best event to go to, and the reason why I say that is because –
Jason Hartman: No, I’m going to disagree with you. They need to come to the Creating Wealth Bootcamp first.
Ari: Well, they’re all good, but the reason why I say that, Jason, is because it gives our clients a chance to actually meet our network, physically meet them, shake their hand, and know that we’re actually working with somebody there because there are a lot of companies that are just one-man operations, although they say and they look like they’re bigger. But we actually have people that we’re physically doing work with.
Jason Hartman: That’s a really good point. I have to caution you listeners. A lot of these investment groups out there, these people never even go to the markets. They never see the properties, much less buy properties in these markets, which we do; 90 percent of the time, we own properties in the markets that we’re talking about, sometimes right on the same street as we’re recommending that you buy, so we practice what we preach.
Over the years, I’ve made millions and millions of dollars investing in real estate, and I’ve made millions of dollars in business, too, and that’s why we’re going to talk a little bit more about some business stuff on this show. So you’ll see a few shows here and there talking about the business topic, and I think you’ll like that because it’s not just about creating and perpetuating your wealth. It’s also about making money, making income, and so that’s really what this interview coming up is about.
But be sure to join us for the next Masters Weekend. It will be in March. We’ll get that on the website here at www.JasonHartman.com/Events, and we’d love to see you there. And getting to our coaching program, we have a great coaching program, and thank you for all of your interest.
By the way, if you’re interested in just an introductory one time coaching session with me personally – assuming you want me personally, but I think you do, right? Right, yes, you do – you can do that for just $100 and I’ll be glad to coach you personally and tell you a little bit about the program, and we’ll analyze your goals, your situation, and the shortest distance from Point A to Point B, which is where you want to be in your financial life. We’ll help you get there, and we really appreciate you listening and joining us for events and your interest in our products, newsletter, coaching program, etc. All of that is at www.JasonHartman.com. Let’s go to the interview with The Strategic Coach, Dan Sullivan.
Interview with Dan Sullivan, The Strategic Coach
Jason Hartman: It’s my pleasure to welcome Dan Sullivan to the show. I’ve been a long-time fan of Dan’s since I met him originally at a Young Entrepreneurs Organization conference in New York City, about 8 – 9 years ago, around 2000 or 1999. He heads up a company and a program called The Strategic Coach. Dan was doing coaching before coaching was popular and he’s been doing it for well over 30 years now. He’s out with a new book that I just received, entitled The Dan Sullivan Question, Ask it and Transform Anyone’s Future. Dan, welcome to the show.
Dan Sullivan: Thanks a lot, Jason. It’s a real pleasure to be with you today.
Jason Hartman: It’s a pleasure to have you. You really teach entrepreneurs how to be more successful and to move from sort of the first level of their business to the big, big successful level. And I know a lot of my friends in the Entrepreneurs Organization are followers of yours and they attend your programs and so forth. Tell us a little bit about what your new book covers.
Dan Sullivan: Well, what I’ve discovered during the downturn especially, Jason, is that a lot of people who are what I would call commodities fixated have had a really difficult time. In other words, they’re used to just selling one kind of product or service in their industry and they’ve become masters of it. A lot of people have become very successful. Especially during this first decade of the 21st Century, they’ve become very successful.
But when the downturn came, all of a sudden, people weren’t buying what they had learned how to sell. And I saw this coming, not the downturn, but I saw a general problem in all entrepreneurial industries starting in the early 1990s, that everything was becoming commoditized. In other words, over time, the price of everything is going down, the amount of competition is going up, marketing costs are going up. I began to say is there something they can sell that escapes from commoditization, and what I came up with was a question. You can sell a question. At least you can sell the conversation that comes around a particular question.
This question really transforms things. It’s a single question. You can learn it in about a half hour. You can master it in about a day, and it can be producing money for you in a matter of a couple weeks. It doesn’t matter what industry you’re in. This question works. I have over 60 different industries in The Strategic Coach and I have really large volumes of evidence about how well this question works in every single industry. There’s not one that I’ve ever run up against where, in a matter of a month, someone hasn’t just transformed their business by basing the entire structure of their client relationship on this particular question and the answer that comes out of it.
Jason Hartman: So Dan, you are really building the suspense here. I noticed the question, and I’ll just preface it with this, is a future-pacing sort of a question and it gets people to really think and makes an advisor or an entrepreneur or the person who’s in the position of being a consultant or salesperson, listen to the client or listen to the customer and what they’re looking for. Do you want to tell the listeners what the question is?
Dan Sullivan: Yeah, that actually has two parts and it may seem a little long the first time I say it, but after you’ve done it a few times, it becomes quite natural. The question is, “If we were having this discussion three years from today, and you were looking back over the three years, what had to have happened in your life, both personally and professionally, where you feel happy with your progress?” That’s the first part of the question. And the second part is, “Specifically, what dangers do you have now that need to be eliminated, what opportunities need to be captured, and what strengths need to be maximized?”
So that’s the question and, Jason, what I’ve found is that first of all, there’s a resistance on the part of any entrepreneur to ask that question because they’re not selling something. What they’re actually doing is asking a question and that fact alone is automatically differentiating them from 90 percent of their competition, right in their first five minutes when they’re talking to someone. So that’s the biggest thing, just to differentiate yourself immediately.
Jason Hartman: Why are they afraid of asking that question?
Dan Sullivan: Because it’s an open-ended question, and a lot of entrepreneurs have been trained never to ask a question that you don’t already have the answer to because what you’re trying to do is to narrow down the options on the part of the prospect or the customer so that they’re forced to consider your product or service. So the basic training in all industries is to cut the customer off from escaping from your logic.
The reason why this question is scary in the first instance is because you’re actually liberating the person to actually speak their mind. And then you’re seeing as the person answers what is it that I have to offer that can actually match up with what this person is trying to achieve in their future? So what you’re doing is you’re allowing the person to actually control what is going to be talked about, but the question actually controls how that is actually going to be talked about.
The subject matter is determined by the client or prospect, but the process or talking about that is actually determined by the question. So they’re in charge of the conversation because it’s entirely about them. But you’re in control because the question controls the process.
Jason Hartman: Very good. How do you find – let’s talk about the financial services world, maybe, because would it be fair to say, Dan, that your genesis is from the financial services industry?
Dan Sullivan: Yeah, they talk to each other, Jason. I think one of the reasons why we’ve had so many financial advisors is that they go to a lot of conferences, they belong to a lot of study groups, they chat with each other a lot, they share information, and I think the reason is because financial services is such a relationship based business that most financial advisors don’t see other financial advisors really as their competition to the degree that you would see in other industries.
For example, residential real estate or something like that, which is essentially selling a commodity, whereas it’s much more relationship based for the most part, unless you’re just selling as much financial product as you possibly can, and then it’s just commoditized as all get out.
So over the years, I’ve gotten a tremendous number of invitations to speak to group of financial advisors in all sectors, investments, insurance. Even the mortgage industry, in some respects, is very much part of the financial services industry now. So the word spread. We have a really good track record. We get great referrals. We’ve really established a very powerful and positive reputation in the marketplace for what we help people do, and I think that’s the reason why we have so many financial advisors.
Jason Hartman: Okay, so since the financial advisor is a big part of your client base, what do you find, Dan, are the types of answers that advisors are getting to this question? They ask a client future pace at three years, what has to happen? And then how are they providing solutions for that?
Dan Sullivan: Well, they get a great variety of answers and usually, the answers are, first of all, about the experience of being asked a question. People will say, “Boy, I’ve never been asked a question like that before,” or “That’s really a great question.” Or, “I don’t want to answer that question.” And one of the things that I point out in the book, Jason, is that every financial advisor or any entrepreneur at all, what they want to avoid at all costs is going too far down the road with anybody who does not want to have a relationship with them. The question immediately gets that out on the table.
If you ask this question to someone who doesn’t want to have a relationship with you, they’ll immediately cut off the meeting. They’ll say, well, I’m not going to answer that question. And that immediately tells you they don’t want to have a relationship.
Sometimes, when I’m doing presentations of this question to my entrepreneurs, I say, “If all of you could have all the time back that you wasted on people that you should have never gone past the first meeting with, how many years of your career would you get back?” Some will say like five years. And so what this question does is it nips in the bud any possibility that you’re going to precede after the first hour with anyone who really, really isn’t appropriate for you to go forward with. That is just a huge amount of confidence.
So essentially, Jason, what we’re doing is we’re asking a question that, in essence, disqualifies all those people that you don’t want to have a relationship with, which is a huge timesavings for financial advisors.
Jason Hartman: So would you think that some of the advisors or entrepreneurs or salespeople, whatever, really are afraid to hear the answer to this question because maybe they don’t want to know? It’s really a disqualifying question to some extent.
Dan Sullivan: Oh, yeah. You’re the one doing the rejecting. If someone said, “I don’t want to answer that question,” I would say, “Well, thank you for your time, but in order for me to help you, I need to know what’s really important for you in the future. Since you don’t want to give me that information, I just thank you,” and you leave. Well, who did the rejection there? They didn’t do the rejection. You did the rejection.
So all I’m doing is sorting out real fast if I’ve got a player that I can play with and I want to know that right off the bat. In my business, I want to know that. I don’t want to go back and forth with someone who says, “Well, I might do a coaching program. I might not do a coaching program.” And I ask them the question. They’ll say, well, I think it’s too early to give you that kind of information, and I’ll say no, it isn’t. If you don’t want to tell me that information, I can’t do anything for you. It wouldn’t be a good use of my time; it wouldn’t be a good use of your time.
Jason Hartman: Let’s cover a little more on the Dan Sullivan Question, and then let’s talk a little bit about “How the Best Get Better” because I just love that program. It’s such a foundational thing for any entrepreneur to know and understand and it’s just really interesting work. But more about the book, on the Question, what else is involved?
Dan Sullivan: Well, I just want to go back to the point you said, why they’re afraid. The other reason that they’re afraid is they’re afraid the person is going to answer with issues that they’re not trained to deal with, and they think that somehow, by asking the question, they’re taking responsibility for what the person might say. But nobody holds us responsible for that. What we’re actually doing is giving the person a tremendous opportunity, maybe for the first time in their life, to really say what’s on their mind. And that in itself is the tremendous value. The person sitting across from you that you’ve asked the question to and they answer that, all of a sudden, they’re having a conversation that they would really like to have, a very deep and very, very expansive conversation. And boy, there aren’t many of those around these days, Jason, and people will value that from the very first moment.
And then we have a whole process that you follow the question up with, where you basically reflect back in the conversation, you structure the person’s answers. You take the worksheet that you’ve compiled during the conversation. You go back and create a little game plan and send it back to them. Some of that game plan may involve you, but it will probably involve a great number of other people as well.
I have a client, for example, who just went through a business breakup, where he has a non-compete. He’s in the financial services industry. He’s from Washington, D.C., and Doug is a master of this question. So he has a non-compete where he really can’t go back out and sell financial services to a great number of clients, but what he has done is he’s just gone out and sold them on having this conversation based on the DOS every 90 days. And what Doug does is he charges them for that, and one client pays him in the tens of thousands of dollars just to have this conversation on a quarterly basis over the course of a year.
I have to tell you, Jason, if I lost my business, I’d just get a whole bunch of these worksheets that I have that are called DOS worksheets because we talk about dangers, opportunities, and strengths, and I could be parachuted into Orange County and I bet I’d probably create $500,000 worth of first-year fees just by going around and asking people this question on a 90-day basis.
Jason Hartman: Yeah, that’s fantastic. Okay, so more about the question because the book is short and that makes it a nice easy read. It’s just over 80 pages, but there has to be more to it, Dan, than just that question, right?
Dan Sullivan: Actually, it’s what happens to the other person that has to do with the question, and that’s why a lot of people, when I tell them this question will change your life, they say how is that possible, and I say it’s not about you. It’s about the other person actually being asked a question. And that is that we live in a world where conversations are superficial, conversations are manipulative, conversations are product-focused, conversations are very, very utilitarian. And what people really want to do is get some clarity, competence, and capability into their life about their future right now, especially with all the complexity that’s occurring because of the economic and technological changes that we’re going through.
A lot of people are just feeling very, very confused, isolated, and powerless. Very powerful people, very successful people feel that they’re up against the wall and they don’t have anyone to talk to, so when you create the framework with this question, all of a sudden, you become perhaps one of the most valuable person’s in this individual’s life. And whatever it is that you’re selling as a matter of your occupation, they have open ears because you’re so valuable right in the first part of your relationship that they’ll allow you to have an ongoing relationship after this question.
And that’s what makes it so powerful is that the question differentiates you in the marketplace. It totally transforms the client’s view of who you are. It totally transforms the possibilities for ongoing problem solving. So that’s why it’s so powerful, and it’s so simple. If I’m a passenger in a car, I can drive from Santa Monica to Newport Beach and I’m finished by the time I get to Newport Beach.
Jason Hartman: Right. Very good. Talking about “The Best Get Better,” you have several strategies and I love the way you title them. You talk about a Vision of the Future, The Ceiling of Complexity, The Biggest Check, and The No-Office Solution. And Dan, I have to tell you, I’m just about to start practicing the No-Office Solution. I have never done that before, but I’m really going to do it.
Dan Sullivan: Well, that’s a good one, so why don’t we start with that. I’ve just discovered that most entrepreneurs make their money by either coming up – well, they do it in three ways. They do it in three ways. They do it by coming up with really great ideas. They do it by establishing really powerful relationships and they do it by designing really powerful solutions. None of those require an office. Actually, you could do that at a coffee shop, you could do that sitting on the beach.
And I find where most entrepreneurs get bogged down is when they walk through the doorway into their office. I think it’s a carryover from the old days when entrepreneurs were really insecure because they were sort of marginal creatures in society. And the really big deal people in society were corporate executives, who sat in corner offices. So people’s notion of their security and their status has to do with the size of their office and how much stuff is in their office. I think that may be a 19th Century concept, but it’s certainly a 20th Century concept.
I think in the 21st Century, you have your PDA and you have your network of relationships and you have all your ideas, and that’s your business. Why do you need an office?
So in my case, I don’t have an office. I haven’t had an office for 20 years. But in my complex here in Toronto and also in Chicago, we have a really excellent café. In Toronto, we have like a 50-seat café and in Chicago, we have a 20-seat café. What I do is I just go in, take a table, and I just get a chair, and I just work. For some people, that would be hard because they wouldn’t want to be out in the open, so I say, well, that space that you have at your office now, you can keep that space, you can close the door on it, but inside, get rid of everything that looks like an office. Get rid of the desk. Get rid of the credenza. Get rid of all the pictures on the wall. Get rid of all the files and everything like that, and have a beautiful, sort of circular table, with four really nice chairs, have really good art on the wall, put some plants in there. Make it real simple, real clean, nothing in there.
And then, if you have to work, you have your laptop in there. You can bring a phone jack in. You can be messy during the day, but at the end of the day, it’s all cleaned up. You don’t have any of the files in there unless you have secure reasons for having the files. Have them with the people that can get your files for you. And that brings up the other thing, that you should have really great teamwork supporting you so that you’re just on stage, creating value for your best relationships, developing really big opportunities, so that you can get really big checks.
Jason Hartman: Yeah, that’s fantastic. You were mentioning the three ways entrepreneurs make money and one is great ideas. I’m not sure if I heard the other two.
Dan Sullivan: Great ideas, great relationships, and great solutions. You have to have an idea to interest somebody. We’re living in an age now where people are buying unique, interesting ideas. So we differentiate ourselves with our ideas to get in the door and then we have to have a real tremendous ability to develop relationships. I’m suggesting the Dan Sullivan Question is probably the superior way on the planet right now for developing relationships. And then you have to have real meaty issues on the part of the client to actually come up with great solutions.
I find that most entrepreneurs when they’re being told the absolute truth by a prospect or customer or client, and they can really get their mind into it and come up with extraordinary solutions for that client, which are custom designed very specific for the client, and sets themselves apart from everybody else in the marketplace.
Jason Hartman: On the No-Office Solution concept, I think that you are so right about that because when I walk into my office, I get bogged down. Of course, I have an office at home, too. And sometimes I’m just far more efficient there. Sometimes I’m more efficient when I’m traveling, believe it or not. I can be in an airport or on a plane and I just will get stuff done with my laptop or talking to people, meeting with people. That’s where most of the value seems to really be created in a business.
Dan Sullivan: Jason, I’ve been dealing with thousands of entrepreneurs over the years and everybody says exactly the same thing that you just said.
Jason Hartman: In the office, it’s busy work process.
Dan Sullivan: Well, not only that, but you have all this stuff. All this stuff is incomplete projects. People have 50 open files on their desk. Well, every one of those files is attached to a part of your brain. The moment you walk through the door each of them wants to be first in line, so you’re totally jangled. You’re totally confused. And I find most people, they are least productive when they’re in their office. They are most tense, most frustrated, and least productive when they’re in their office.
Jason Hartman: That’s very interesting. Another one of your items – I don’t know if I should call it a strategy or a concept because I know you divide those and I can’t remember which one this is – but maybe this is a concept on The Biggest Check. Tell us about The Biggest Check. I love that one.
Dan Sullivan: Well, this again goes to basically that if you grew up in an industry, there’s sort of an average, and maybe perhaps even a mediocre notion of what are good results in your industry because you don’t have many people who are superstars and the people that are hanging out with each other basically just get average results. So there’s sort of a limitation in people’s thinking about what’s possible in their industry.
But it’s not a function of your industry about what kind of checks you can get. It’s only a function of what kind of check writers you’re actually hanging out with, and so big check writers write big checks. So what happens with all entrepreneurs when they start their career is that they’ll take any check they can get because we have to make a living, we have to pay the rent, we have to make it through our first year, our second year, our third year. We have to start building an organization around us.
So the emphasis in the early part of your career is always on quantity of checks. I just want a lot of checks. Just get me a lot of checks. If they’re little checks, I want as many little checks. The problem with that, Jason, is it fills your time up with kind of average or mediocre results, and then when you run into a big opportunity where you could get a bigger check, two things come into play. One is you don’t have the time because you filled all your time with little checks. But the other thing is that you’re not used to getting big checks because you’ve only practiced on little checks.
What we do is we basically get people to say, first of all, we’re going to look at all your checks and we’re just going to take five of them as what you can really do, and that would be the best five from the previous year. That’s an average. So what we basically do is get people to say whatever your average or your best five checks are over the last five months, what we want you to do is have a goal of doubling that average over the next six months or the next year.
And the moment that you have in your mind that you’re going to take your best average now and double it, all of a sudden, your eyes, ears, and mind open up to all the opportunities that are available. Then you get a bigger check. And all of a sudden, you get a bigger check than you’ve ever had and you say, “Wow! That was actually easier than getting one of my little checks.” Then your mind starts to put two and two together and it starts saying, hmm, isn’t that funny? It’s as easy or easier to get big checks than it is little checks.
Then you have to make a decision at a certain point. Well, if I want more and more big checks, I have to stop getting so many little checks. And gradually, what happens over a period of years, and this is one of the multipliers in Strategic Coach. Our program, Jason, The Strategic Coach, is just a whole series of multipliers, multiplying time, multiplying relationships, multiplying staff support, multiplying technology, multiplying your vision first of all; multiplying your personal impact. That’s what Strategic Coach is about; it’s about all these multipliers that really great entrepreneurs use. And what we’ve done is documented them.
So one of the big multipliers is just going for larger and larger checks, and what you find is that usually the relationships are a lot better. The work is a lot more enjoyable. The work is a lot easier to do that. And then gradually, you begin restructuring your whole company around and your whole future around getting larger checks, which in many cases, means you have to get better staff. You have to get better technology around you. It’s almost like a winch. A lot of these SUVs that go out in the wild have a winch and what you’re doing is you attach the winch to something ahead of you and then you allow the winch to pull you forward. So the largest check is the winch that continually pulls you upward as an entrepreneur to higher and higher levels of company and personal income.
Jason Hartman: That’s fantastic. What would be some of your other favorite concepts? Actually, Dan, I have one that I’d like you to talk about because it is so applicable and I know you recorded and wrote about it a long time ago, but I think now it’s more applicable than ever. And that is the concept of entitlement, the entitlement mentality. And I know you did a small book and program on gratitude, so maybe those two kind of interplay together in your answer.
Dan Sullivan: Yeah, they’re mutual opposites. Entitlement is the lack of gratitude. If you have gratitude, you don’t have any entitlement. But we live in a wealthy society. We’re going through a bit of a speed bump right now in North America, and some of the other countries, we’re going through a bit of a speed bump. But we live in a very wealthy country and that wealth was created by a fairly small number of human beings. A lot of people do the work, but there are only a few people who think up the work, who actually create the opportunities and think up the work.
So a lot of people come along – there’s a phase I use – a lot of people are born on third base and think they hit a triple. In other words, they think that they’re actually deserving of all the advantages and privileges that they get, and so their basic attitude towards life is that of takers. They want more, they want to take more, but it never occurs to them that the basis for all the wealth that is actually making their life easy is actually created by people who are givers. Giving really starts with an attitude of gratitude.
Jason, words really mean something and what gratitude is actually, it comes from an even deeper word and that’s appreciation. And what appreciation means is that you really value something. We actually have that in economic terms, appreciation of a value in the marketplace. Stocks appreciate. Well, that means the value of a stock went up.
So for most people, they’re passive gratitude. In other words, somebody does something good for them and they feel gratitude. But what I practice is what I call proactive gratitude, and what proactive gratitude is is I choose to constantly create and appreciate the value of things in my life. This is just 180 degrees from the whole attitude of entitlement. You can see all this stuff in Washington that’s going on right now is that we have the right to this and we have the right to that, we have the right to that, and we have the right to that. Everybody talks about their rights, that we have a right to healthcare, we have a right to housing, we have a right to all this stuff. Well, actually, none of those are right. Those are things that are actually earned.
But if you grow up in a society that’s just entitlement minded, then everybody sort of never gets the other attitude. They never get the attitude right. They go to the school system and the school system tells them how oppressed they are and the cause of all the problems is the greedy businessmen. We’re deserving of this; we’re deserving of that.
Entrepreneurs, for the most part, are at the far end of the spectrum from the entitlement side, and that is that there are people who realize that they have to create value before they get an opportunity, and that they’re actually responsible for their own financial security. I call those the two entrepreneurial decisions, that every entrepreneur, if they’re going to be really successful, has to be very conscious about making these two decisions. No. 1, I am totally responsible for my own financial security, and No. 2, I will never expect any kind of opportunity unless I first created value for someone else.
Jason Hartman: Dan, what I find so important about this that you’ve identified is that this takes a huge burden off of someone’s shoulders oddly enough. You would think it would be almost counterintuitive to think that way because the burden is the burden of victimization. That feeling is lifted so someone can go out and then be proactive in life and create value when they don’t feel like the world owes them a living.
Dan Sullivan: What you’ve just said is just so, so true, that enormous freedom that comes from not having the entitlement attitude. It’s very burdensome because every day, if you have the entitlement attitude, you’re feeling deprived because someone hasn’t given you something. You live in a family, children, their parents haven’t given them this, the school isn’t giving them this; nobody’s giving them what they want. Well, that’s an incredible burden to go through life with because everything is going to make you unhappy.
Whereas, if you take the other attitude that I’m actually not really deserving of anything, but I have my intelligence, I have my abilities, I have my opportunities, I can go out and I can actually create my future and nobody owes it to me, but I have the enormous opportunity to create it for myself. What greater freedom is there than that?
Jason Hartman: That almost goes in with Victor Frankl in his concept of the last human freedom, is that we have the choice to decide how we want to feel about any given situation, how we want to react.
Dan Sullivan: Oh, yeah, that little book I pass out to all my entrepreneurs.
Jason Hartman: I love that book.
Dan Sullivan: I said anytime you’re feeling like the world is doing you badly, just get that book out and read it, Man’s Search for Meaning. Here’s a guy in the worst possible circumstance anybody has ever been in and he can create meaning out of that because he chose to.
Jason Hartman: It sure puts it in perspective, doesn’t it?
Dan Sullivan: It sure does.
Jason Hartman: You know what I find? I’ve had various girlfriends over the years and sometimes I’ll have a relationship that just isn’t right, where it’s kind of more about keeping score than it is about really giving freely. Keeping score in business and in life, it’s a big burden, isn’t it, to do it. It’s not just the way you feel about it, but it’s sort of a big burden to just mechanically – people do it in their minds. They’re always sort of counting.
Dan Sullivan: The reason is you never have the score you want.
Jason Hartman: Yeah, exactly. Well, what other concepts would you like to talk about? You have so many and you have such a big body of fantastic work. And I want to maybe circle back toward the end of our talk today to the question again. Where would you like to go with things?
Dan Sullivan: I’ve got a couple and they’re actually related to each other. One of them is called Unique Ability Teamwork and the other one is called Value Creation Monopoly. Unique Ability Teamwork is kind of like the heart and soul of Strategic Coach program and that is that I believe that every individual should organize their life by four criteria as far as what they do.
No. 1, it should be a superior skill, so don’t fool around with stuff that you’re not any good with. Pick the thing that you do best. No. 2, pick the thing that you do best that you’re passionate about, that you just love doing. No. 3, if that’s true that it’s a superior skill and you’re passionate about it, then it’s going to be very energizing for you. Your whole day, from morning until night, is going to be energizing to you, and what’s more, everybody who’s around you is going to be energized by your performance. No. 4, if you choose the activities that have the first three qualities – superior skill, passionate, and you’re energizing – then you’re always going to get better at it. So you’ll be better at 40 than you were at 30. You’ll be better at 70 than you were at 40.
I believe I’m going to have people in my program, Strategic Coach, who are better at a 100 than they were at 70. It’s what makes life worthwhile is unique ability. And then when you zero in on what that is, you give everything else up and then you surround yourself with a team, and each of the team members picks up something that you were doing that they just love doing, and in fact, they’re a lot better at it than you were. They have the same feeling of superior skill, passion, energy, and constant improvement. And then you have a team together where everybody as a team is experiencing those things together. That’s my ideal for putting together an entrepreneurial organization.
And then, with that, you’re going out into the marketplace, you as an entrepreneur, using the Dan Sullivan Question, you’re going out and asking the question, and then you’re putting together a problem solving team, a team that creates really elegant solutions. And you do such a marvelous job for your clients and customers that they have this phenomenal experience that’s uniquely positive, that they’ve never worked with anyone in the world like you. They see working with you is absolutely crucial to their future and they know they can’t get this anywhere else at any price. And that’s what I call Value Creation Monopoly.
It’s where the client is so overwhelmed by the positive experience of dealing with you that they cut off all the competition. A monopoly means that you’ve cut off the competition. In most cases, people want to sort of enforce the monopoly so that the customer has no choice, but here what you’re doing is you’re creating so much value for the client or customer that they are voluntarily choosing to cut off all the competition because they know that none of the competition can possibly match what you’re offering.
Jason Hartman: Very interesting. One of the distinctions I would like you to make there, Dan, if you would, is when you talked about that first concept. And I know in the original “Best Get Better” program, you talk about moving from that very American ideal of rugged individualism to the concept of unique teamwork, which sounds like it’s another way of saying what you just said. Do you want to distinguish that a little more?
Dan Sullivan: First of all, I really don’t think that basic characteristic of American rugged individual – as a matter of fact, I think that the reason why the United States is as powerful and dominate as it is, is because it’s a country where strangers can work together better than almost any other country on the planet. You could throw any group of Americans together from any part of the country and they’ll work together better than people from other countries in other regions. I think the secret that most people don’t realize, the secret to American success, has actually been Unique Ability Teamwork.
But a lot of entrepreneurs – there’s a danger when you start off as an entrepreneur because when you’re first starting, you don’t have the money to have a team around you. So you get used to doing everything yourself. We turn necessity into virtue. And we say, well, since I have to do everything myself, that must mean that I’m the only one who can do it. And that’s what keeps entrepreneurs small.
There is an organization out of Kansas City called the Coffman Foundation, and they are the No. 1 researchers of entrepreneurial life in America. They just focus on American entrepreneurs. And they have a startling statistic and that is that 50 of that 95 percent of all entrepreneurs – that is anybody who is self-employed, has their own business – 95 percent of them never make more than $50,000 take home.
Jason Hartman: Wow, that’s startling. They’re just buying themselves a job.
Dan Sullivan: Yeah, they didn’t create a business. They created a job. Now, some of them choose that. In other words, they choose to be that small. But I would say the vast majority of them the reason why they can’t get above $50,000 is because they’re rugged individualists. They’ve gotten so habituated to doing everything themselves that they can’t imagine anyone else can do any part of their work any better than they can. And they don’t trust them to do it besides that.
Jason Hartman: Dan, so where did the American ideal of the rugged individual come from then? You say Americans are really such team workers, but that’s so known in our history and I know you’re a student of history and you tie these things in interestingly. Why did that evolve that way? Was it the Westerns?
Dan Sullivan: I don’t know. There’s a great writer by the name of Daniel Boorstin. He’s dead now, but he was the Librarian of Congress, and he wrote an extensive series of books on American history. He just uses various interesting examples, like cattle drives, and he says cattle drives were one of the most interesting organizational forms ever put together in the United States.
And he said those basically consisted of about nine specialists, who got together, they formed at the beginning of a cattle drive, and these people each had a specialty. One of them was good at being out in front of the herd. Another one was good at being behind the herd and everything else. They would put a whole bunch of strangers together and they would take these cattle 1,500 miles up to Kansas City usually, where the stockyards were, and then they would return. They’d break up. They’d go into other teams. And he just showed the amazing teamwork.
Another one, modern day is the movie industry. The movie industry is all a bunch of strangers being put together to produce a result. It’s almost like they put a little company together – start the company, put it together, create a product, and then they disassemble after six weeks or two months. I live in an area of Toronto where we have dozens and dozens of movies every year, and you can come down there. And these people don’t work together normally. They just got thrown together. There’s just this phenomenal ability for strangers to work together.
Actually, Jason, one of the great thinkers on capitalism is F.A. Hayek, who wrote The Road to Serfdom. And he said that capitalism, the great tragedy of capitalism is that it was named by its enemy. He says capitalism actually isn’t about capital. Capitalism is actually about cooperation. It’s ever-increasing cooperation among strangers. That’s basically what capitalism is, that if you can get strangers to cooperate more and more, it produces enormous amounts of surplus income, which we call capital, and then it gets reinvested back in the system.
So it’s just the opposite of what most people think of is that it’s these greedy, selfish, isolated individuals. It’s just the opposite. It’s just a massive amount of cooperation that’s going on among people, who are all motivated by their own dreams and by their own goals, but they know they have to have other people around them to pull it off.
Jason Hartman: That’s very insightful, very interesting. No question about it. Well, Dan, tell us a little bit about your program, if you would, or your different programs.
Dan Sullivan: We have one main program and it’s just for entrepreneurs, and so our criteria, one, is that we’re looking for three things actually. First of all, we’re looking for someone who’s already good enough that they’re making more than $100,000 per year. So that’s the first criteria. You have to be making more than $100,000 per year. And secondly, is that you’re a growth entrepreneur.
What I’ve noticed because I’ve been coaching for 35 years, since 1974, and what I’ve noticed, Jason, of all the entrepreneurs that I’ve dealt with is that there are three kinds of entrepreneurs. The first kind of entrepreneurs are called survival entrepreneurs, and these are the kinds of people who really are distrustful of other people, and that is that they have sort of a negative attitude towards the future. They don’t really trust other people with their future and they kind of worry from day to day, and they don’t really take big risks or anything else. I don’t deal with survival entrepreneurs. There’s nothing I can do for a person like that.
Then there’s another kind of person, a second type of entrepreneur that I call a lifestyle entrepreneur, and this is an individual, when he or she was younger, had a notion of a particular lifestyle that they wanted to get to and they realized very quickly they couldn’t get that by working for someone else, so they started their entrepreneurial business. They made enough income to get up to that lifestyle and then they stopped. Their whole life is just about maintaining their lifestyle. They don’t have any bigger dreams about developing their business.
And then there’s a third group that I call growth entrepreneurs. Their whole motivation is just to continually grow, so as soon as they hit one level, they immediately have visions for themselves of going to another level. And their enjoyment is in growing from one level to another, and they don’t have any notion of retirement. They see themselves doing this for the rest of their life. And that’s who comes to Strategic Coach. So over $100,000 with growth.
And then, you have to have the aspiration of becoming a net million dollar per year person. In other words, we want someone, who, if they use the tools and the concepts of the program within a number of years – it may be two years, it may be five years, it may be ten years – but at some year, they’re going to come and say, “I made a $1 million last year,” and every year after that, they make more than a $1 million. They would have to have that as part of their vision.
Now, I’ve personally coached over 1,000 entrepreneurs, who were making in the $100,000, $200,000, $300,000 range when they came into the program, who went over $1 million. And that’s basically it. That type of individual, as you know, Jason, creates jobs, creates tax revenues, they’re big community contributors, they’re great role models. That’s what makes America America, those individuals who are entrepreneurial, who are really successful, but they just want to grow all the time.
Jason Hartman: I only wish the collectiveness running Washington said it that way, Dan.
Dan Sullivan: Now, do they listen to your radio program, Jason?
Jason Hartman: I doubt it.
Dan Sullivan: The collectivists?
Jason Hartman: Yeah, I doubt it. They’re not into self-reliance and building value and that kind of stuff.
Dan Sullivan: No, they believe government should do it for you.
Jason Hartman: Right, and take value away.
Dan Sullivan: We’re living in a different world.
Jason Hartman: We really are. Dan, circle back, if you would, to maybe the Dan Sullivan Question and any final thoughts that you’d like to leave our listeners with today.
Dan Sullivan: Just on the question, this is a rather minor investment for anyone to make and I would really recommend you just give us a call at our office, Strategic Coach. Actually, you can just go to our website, which is www.StrategicCoach.com. I think if they just get the complete philosophy of Dan Sullivan and get the complete philosophy of Strategic Coach, I would really recommend that everybody just get a copy of the book, The Dan Sullivan Question. And the reason is that it’s a real quick read. You can do it in an hour, but it will really change your vision toward your entrepreneurial future. So that would be the first thing that I would say.
That’s sort of self-serving on my part, but the other thing that I would like to say is for all the entrepreneurs just to hang in there during these two or three years when we’re dealing with essentially, what I see, and I can’t say it any other way, is the enemies in Washington because this entire bunch of people that we have now in the administration never had a business, never started a business, never created a product, never created a service, never hired anybody, never met a payroll, never created solutions for customers or clients.
And yet, they’re putting the country in debt. They’re trying to put extraordinary restriction on everybody who does all the things that I just named. And my feeling is that people have to get politically involved right now. I think you have to support all the elected officials who really support entrepreneurial principles. I think people have to do what you’re doing, Jason. You get to talk to 350,000 people on a continual basis and get out the message.
But we’re going to get through this because the basic nature of the United States and all the influence that it has around the world is that it’s an entrepreneurial republic. It was created by entrepreneurs. I think it was created for entrepreneurs. And we’re in that stage now where we’re having some opposition to that, but the polls are changing daily. You can just see everything going in the opposite direction right now, in our direction right now. So we have to hang in there.
But next time, when we get the right people there, they have to continue doing the right things and not go to sleep at the wheel like so often happens.
Jason Hartman: Yeah, that’s good advice, Dan. I think we are seeing that most of America really doesn’t feel the way the news media would portray it and the way that Washington would portray it. Most of America, they want to be able to do what it says in the founding papers of the country. They want to be able to pursue happiness without massive restrictions. They don’t want to be coddled cradle to grave. They want to go out and take their chances and make things happen, and that’s where the excitement is in life. That’s where the value is created. That’s where lives are extended and proved. It’s just better for everybody. It’s a true win-win, isn’t it?
Dan Sullivan: Yeah. I’m totally confident that this is just a very short interim that we’re in right now and the tide is turning. I can feel it coming. I’m a big political junky, so I look at – the polls this afternoon were his all-time lowest in terms of where he was. The unfavorability was at its highest and the favorability was at its lowest. I think it’s just the American people waking up.
Jason Hartman: That’s for sure. I agree with you, Dan. Just before you go, repeat the question for us, will you?
Dan Sullivan: The question is if we were having this discussion and it was three years from today and you’re looking back over the three years, what has to happen in your life, both personally and professionally, for you to feel happy with your progress? Specifically, what dangers do you have that need to be eliminated? What opportunities do you have that need to be captured, and what strengths do you have that need to be maximized? That question will lead, in the best circumstances, to about 10 – 20-year conversation with somebody who wants to pay all along the way.
Jason Hartman: That’s a great thing to leave our listeners with, and I encourage all of our listeners to think of that, too, that question for themselves. Dan Sullivan, The Strategic Coach, thank you so much for joining us today. It was a great interview. I appreciate having you on.
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Duration: 69 minutes