Justin Colby flips the traditional coaching model by offering a hands-on, interactive experience where participants pay $197 a month to join him on Zoom for 2-3 hours daily. They watch him and his team negotiate deals, analyze properties, and close transactions in real-time. This approach contrasts with traditional coaching, which often involves pre-recorded content or static lessons. Justin's method allows learners to observe and participate in live deal-making, fostering practical skills and confidence.
Justin Colby's early career was marked by a lack of skills during the 2007 real estate crash, which left him financially devastated. He relied on connections to rebuild his career, learning the importance of networking and resourcefulness. This experience taught him the value of hands-on learning and adaptability, which now underpins his coaching model. He emphasizes the importance of building relationships and being resourceful over merely having resources.
Networking is central to Justin Colby's success. He credits his ability to build and leverage relationships for creating the lifestyle he enjoys today. He emphasizes that connections often yield more opportunities than traditional marketing. For example, he borrowed $25,000 from a friend to invest in coaching, which transformed his career. Justin believes in the power of connecting people and being the 'dot connector' in any room, as it leads to long-term business opportunities.
Justin Colby's coaching program offers a unique referral system. If a participant brings in a new member, they earn $50 monthly for as long as the new member stays. Additionally, if the new member becomes a high performer, the referrer earns 10% of Justin's share from every deal the new member closes, in perpetuity. This incentivizes participants to bring in talented individuals and fosters a collaborative community.
Justin Colby is leaning more into cryptocurrency due to his belief that former President Trump will implement policies that favor crypto. He mentions Grant Cardone's innovative approach of integrating Bitcoin into real estate funds, allowing investors to benefit from both real estate and Bitcoin's growth. Justin sees this as a potential game-changer, especially if Trump's policies influence other countries to adopt similar stances on crypto.
Justin Colby attributes his success to two key factors: fortitude and adaptation. He emphasizes the importance of perseverance, stating that success comes from consistently pushing forward despite challenges. Additionally, he highlights the need to adapt to changing market conditions, such as pivoting from direct mail to PPC when response rates declined. His ability to foresee trends and adjust his strategies has been crucial to his longevity in the industry.
Join us on a journey with Justin Colby, a trailblazer in real estate investment, as he unveils his transformative approach to real estate education, combining hands-on learning with real-time insights. Justin challenges the status quo, moving beyond traditional coaching to offer an interactive experience that connects learners directly with industry experts. His strategy not only equips participants with the knowledge needed to navigate the ever-changing market but also fosters genuine, authentic connections that are crucial for success in the real estate sector.
Our conversation sheds light on the pivotal role of networking in real estate, with personal stories of career pivots and resilience in the face of adversity. We explore how strong, supportive relationships can act as a lifeline during challenging times, emphasizing resourcefulness over mere resources. Justin's narrative, peppered with anecdotes of collaboration and adaptability, underscores the power of a robust network, particularly when traditional pathways to success falter. This discussion aims to inspire listeners to cultivate and nurture valuable connections, which are often the bedrock of thriving professional journeys.
Venturing into the exciting confluence of real estate, cryptocurrency, and politics, we examine the innovative strategies being adopted by industry leaders like Grant Cardone and the impact of political figures like former President Trump. This dynamic intersection offers new horizons for investment opportunities, inviting agents and investors to rethink their roles and expand their business models. Our episode champions the importance of staying adaptable and resilient, encouraging listeners to embrace the evolving landscape of real estate with a positive outlook and a strong network at their side.
**CHAPTERS **
(03:04) - Real Estate Career Development Through Connections
(06:19) - Building Connections and Community Through Networking
(17:55) - Building Trust and Forgiveness in Networking
(22:25) - Real Estate Investing Collaboration and Adaptation
(29:21) - The Future of Crypto Investment
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