Essential Traits: Surviving Tough Times with Passion

April 8, 2020

About This Episode

In this episode, Bill Allen talks with real estate entrepreneur, Andy McFarland, to discuss one of the “six essential traits” Gino Wickman says every entrepreneur must have: passion.

Gino’s book, Entrepreneurial Leap, identifies passion as one of the absolute essentials to success as an entrepreneur, and very few people in the real estate world exemplify passion like Andy McFarland.

Andy is a wholesaler, a retail flipper, a landlord, and the founder and CEO of Enlight Homebuyers. Andy has been a mentor to Bill and an inspirational leader to many.

You can find Andy on Twitter @AndyMcFarland, and learn more about his business at https://enlighthomebuyers.com/.

Listen in iTunes

Enjoy the podcast? Subscribe and leave us a review!

To hear all episodes of the podcast, visit https://7figureflipping.com/podcast

Real Estate as a Means to an End

Andy is passionate about real estate, but more importantly, he’s passionate about people, something he and Bill have in common.

Real estate investing is a path to financial freedom. And for many people financial freedom is enough to get passionate about. For Andy, however, much of his passion in the real estate business comes from helping others, one client at a time.

Early on in Bill’s career, real estate itself was exciting, but as his business has grown over the years, real estate has become more of a means to an end. That end is seeing his team succeed.

In this interview, Andy says, “If you’re constantly looking at ‘what’s in it for me’, certainly you can step on a bunch of people and grab a bunch of money, but it’s not going to bring you fulfillment, and it’s definitely not going to bring you joy. There’s no joy in that.”

Hitting Walls in the Real Estate Business

In business, something goes wrong every day. There are always unexpected problems to solve. These challenges can seem overwhelming, but the key to success often lies in our perspective. Can we get outside of ourselves and our own emotions and find someone else to help?

The walls we hit in our business are sometimes due to circumstances we can’t control. We must focus on the things we can control:

What am I listening to?

What am I focusing on?

Who can I serve today?

The Real Estate Business – Duct Tape and Bubble Gum

Andy often says his business is “put together with duct tape and bubble gum.” That doesn’t mean he’s not working hard and working passionately, it just means the business is still a work in progress, and there are always new problems to solve.

Will Passion Lead You Through Hard Times?

When tough times hit in the real estate business, many people get caught by surprise. Entrepreneurs should expect no shortage of adversity, but passionate entrepreneurs see tough times as opportunities.

Even in a perfect market, there will always be a reason to say your real estate investment plan won’t work. Passion will push you to move beyond those reasons.


Free Resources / Downloads

5F Framework

A business framework that creates consistency within your flipping business by giving you a tested roadmap to building real estate wealth.
5 Proven Steps to Build Active and Passive Income in Real Estate (FREE!)

Get Access Now

Freedom Number Calculator

The 2-Minute Exercise That Shows You Exactly How to Build Toward Your Life of Freedom.This quick (and powerful) quiz will help you calculate exactly how many deals you need to support your ideal lifestyle and how close you already are. Most investors don’t fail from lack of effort, they fail from lack of direction. No guesswork. No fluff. Just a clear target—and a plan to make it real.

Get Access Now

Adam Whitney’s Seller Call Script

Use the same script Adam uses while on the phone with sellers

Get Access Now

Off-Market Deals on Demand

Get the UltimateOFF-MARKET DEALS Starter Pack...For FREE! Niche lists, seller strategies, a hyper-local market tracker, and a bonus!

Get Access Now

Grow Your House Flipping / Wholesaling Business WITHOUT Guesswork or Trial-and-Error

Find out EXACTLY what you need to be working on TODAY to do more deals, make more money, and free up your time.

Explore More Episodes...

7FF 526: Do You Have to Give Up Your Family to be Successful?

February 17, 2022

Do you ever feel like you’re forced to choose between “success” and “family?” Sometimes it feels like we can’t have both… but is that really true?

Full Episode >

7FF 525: What I Learned From Hanging Out With Daymond John

February 15, 2022

Last week I spent 4 days with our 8 Figure Entrepreneur group. And I brought in a special guest… the one and only Daymond John!

Full Episode >

7FF 524: Stressed? Your “Focus” Might Be the Problem…

February 11, 2022

We just wrapped up the first-ever meeting of the 8-Figure Entrepreneur mastermind group… and it was AWESOME! I recorded a quick podcast episode to share some takeaways from this event… including 3 ways to “shift your focus” so you can stop stressing and get things done.

Full Episode >

7FF 523: Should You Quit Your Job?

February 8, 2022

I get this question all the time… “Should I quit my job and go all-in on real estate investing?” The answer is… maybe. It depends on your mindset.

Full Episode >

7FF 522: How to Grow Passive Income by 8X in 1 Year

February 3, 2022

Chad and Ashly Whitaker grew their passive income 8X over the past year by making one small “shift” in their real estate investing strategy. This BLEW MY MIND!

Full Episode >

7FF 521: $45,000 Per Year From 1 Airbnb

February 1, 2022

I just spent an hour hanging out with the incredible Avery Carl, master of short-term vacation rentals in multiple markets. She’s an Airbnb genius… and she has some powerful insights and strategic tips to share!

Full Episode >

Ready to Build a Business That Finally Works?

Ready to find your tribe?

Don’t stay stuck in chaos or settle for another year of inconsistency. Join a serious community of operators who are building businesses that matter. This is your moment.

Click below and we’ll help you determine which program is the best fit for you.