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...

21 Hiring Tips From a Guy Who Works at Indeed.com

June 4, 2021

We bring one of our 7 Figure Altitude members, Waylon McGill, on the podcast to explain his insider secrets based on his experience working for Indeed, the #1 job board / hiring platform in the nation. Learn how to find good people for your real estate investing team, how to run interviews, when to hire, what positions to prioritize, and so much more. Listen in now!

Full Episode >

Who These 3 Investors Are Hiring (And Why)

June 3, 2021

Who These 3 Investors Are Hiring (And Why)

Full Episode >

Finding and Hiring Perfect Employees

May 28, 2021

Terry Burger breaks down the hiring process we teach the real estate investors in our 7 Figure Altitude and 7 Figure Runway mentoring groups. Nobody is actually perfect. But when you’re hiring people for your team, you can get pretty close if you know how to do it right. Learn the two best sites to post job ads, the four screening questions you should always ask, how to save time when hiring, and more tips and hacks. Listen in now!

Full Episode >

How to Grow Your Team (Without Panic Hiring)

May 26, 2021

At our real estate investing mastermind event in Cancun a few weeks ago, hiring was the #1 problem that got brought up again and again. Terry is answering your questions about when you should hire someone to help in your business, how to know if you’re ready to hire, how to switch from “panic hiring” to “planned hiring", what he’s learned from a few “bad” hires, an example of a solid job description, and more. Listen in now!

Full Episode >

Update on My Son James

May 20, 2021

Today’s episode of the 7 Figure Flipping Podcast is a little different. It’s not about real estate investing. It’s a personal story. My son James was born with Congenital Heart Disease. Today he’s heading in for another surgery, hopefully the last for a long time. I wanted to take a few minutes and update those of you who have been following his story.

Full Episode >

Shannon's Most Profitable Flip Ever (And How She Got It)

May 13, 2021

7 Figure Altitude Member, Shannon Amos, has been flipping houses since 2016. She says the group has been “life changing” for her. She recently got her most profitable deal ever in an interesting way. It started at a hair salon. Listen in now!

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.