3 Levels of Employees (LA 1405)
Transcript:
Steven Butala:
Steve and Jill here.
Jill DeWit:
Happy holidays.
Steven Butala:
Welcome to the Land Academy show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit:
And I'm Jill DeWit, broadcasting from sunny Southern California.
Steven Butala:
Today, Jill and I talk about the three levels of employees. Jill's going to talk about building her dream team.
Jill DeWit:
Yup. As we are counting down the days that we can all kiss 2020 big, fat, whatever goodbye. I'm trying to be politically correct here. I want to say some stuff about 2020, but there might be children around, so I won't say how I really feel about 2020. But as we're looking forward to 2021, this might be something that you're working on. I know a lot people are in our group. We talked about the side hustle yesterday, and when Jack ended the show yesterday, talked about, if it all goes well and you're into it, your side hustle is probably not going to be your side hustle anymore. At least you could make the decision.
If you want it to be a side hustle or you want it to be your full-time gig. We have a lot of people in our community that... It seems like every month, it's fun, because I'm revisiting this information. Every month there are people meeting that level and they're like, "Uh-oh, now I'm taking it. Now this is a company. Now this has been paying our bills for a long time. Now I'm ready to build a team and a staff, and make this even more than just a small family business." So that's what I've been talking about in our women's group, and I'm happy to share this with you here.
Steven Butala:
I've long said, "This is for me, the hardest component of having any company is building staff."
Jill DeWit:
It is hard.
Steven Butala:
Jill's going to make it easy for us, I think. Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit:
It is hard, but at least I can tell you what you need and put you in the right direction and give you a lot of help.
Steven Butala:
Yup.
Jill DeWit:
Again, boy, I wish I had us. That's okay. That's why we're here. Jeff says, "I'm closing on a deal to buy a nice six acre lot with great access next to a highway. I sent out a photographer and the lot has a lot of junk going on, like old tires and a destroyed mobile home. I think I could sell it as, buy this great property for an extra low price, because there's a bit of cleanup to be done. Or perhaps just hire a company to clean it all up for me. I don't feel like I want to pass on the deal, but I wanted to get some opinions. It is in blank County blank, which doesn't have many comps, but seems to support a greater than $20,000 sales price. Maybe even higher, because it's a unique position right along the highway." I'm excited. I know what I would do.
Steven Butala:
Go ahead.
Jill DeWit:
Not clean it up.
Steven Butala:
Me too. Why?
Jill DeWit:
Someone's trash is someone else's treasure, sorry.
Steven Butala:
There's a million titles that come to my head, like, buy some land and a built-in garage sale also. Or somebody's trash is your treasure or finder's keepers. There's all kinds of stuff.
Jill DeWit:
I know.
Steven Butala:
And I'll tell you what, the fact that it's on a highway, it needs one or two signs, at least where it can say, "This trash heap can be yours. Give me a call."
Jill DeWit:
Right. I'm wondering too, you never know what you're going to find on somebody's property. There could be a classic car under a tarp in the back.
Steven Butala:
Yup.
Jill DeWit:
That is dreamy and awesome for somebody [crosstalk 00:03:37]
Steven Butala:
There's all kinds of-
Jill DeWit:
Like this one.
Steven Butala:
So I'll tell ya. I mean, anything and I mean, anything that separates your piece of property with the other five that are for sale that are just vacant land or they have trees on them or something is positive,