Land Business Startup 101: List of Things to Do (LA 1329)

Land Business Startup 101: List of Things to Do (LA 1329) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Hello. Steven Butala: Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill Dewitt, broadcasting from sunny, Southern California. Steven Butala: Today Jill and I talk about The Land Business Startup 101, a list of things to do. These topics all this week, they're 101, 201, 301, 401, by huge requests. Jill and I, last week, had a closed webinar for all of our members, tons of people showed up. Thank you by the way. And we asked everybody what they want and they said, "We want lists. We want to know how the rest of my career is going to go in this thing according to you guys." Jill DeWit: One of many topics, right? There was a lot that we talked about, I'm really happy about. But this week is going to be fun because we structured it like you're a freshman, you're a sophomore, you're a junior, you're a senior, that's the hundred, 200, 300, 400 level classes. And then we have Fridays like your masters level. We have a 500 series class. Steven Butala: Exactly. Jill DeWit: So. And then next week... I can't even, what is next week? It's probably going to be like philanthropist talk? Steven Butala: Yeah. Yeah. Jill DeWit: What's going to be after that? Steven Butala: That's what Land Academy is, philanthropy. Jill DeWit: There we go. Steven Butala: No. That's a great philosophical question. I'm sure we'll talk about it, some version of it this week. Yet at some point, you get ... If you've ever taken a master's degree ... I've only taken the first couple classes of a master's degree and it's like, "I learned all this stuff in undergrad. So, what's the deal like?" Jill DeWit: That's the same as college though, isn't it? Steven Butala: Yeah. Jill DeWit: I feel like your freshman and sophomore, we're prepping our number three kid right now with this whole thing. I'm like, "Get college credit at the same time silly because if it counts for high school and it counts for college, you'd be nuts not to." Steven Butala: He just finished his first college class. Jill DeWit: Because I know your first two years of college, we all know, it feels like I'm in high school still. Like I just did this. Steven Butala: I mean, he just finished his first summer college class online and his exact comments were, "This is it? This is easier than high school. I don't really even have to show up. All I have to do is, they gave us all the curriculum, I can work ahead. I got the whole thing done in two weeks and it was a two month class." So, yeah. Jill DeWit: Yeah. That's right. Steven Butala: So, I think that. I really think that in the end a master's degree, and then eventually a PhD is all about the professors that you have. All I remember about as college is not the content at all. Not a single bit. Jill DeWit: That's interesting. Steven Butala: I just remember about the maybe five or six instructors that were great and some incidents. Jill DeWit: What was it about them? Is it because they wanted to be there? Is it because they shared real world experience? Steven Butala: I'll answer you. Here's a couple of- Jill DeWit: I'm really curious now. Steven Butala: Here's a couple of examples of things that instructors that really left a lifelong impression on me. I had a finance instructor and the first day of class on a blackboard ... This is Michigan State now so it's an auditorium of five million people. It's not Harvard where I would envision six or seven people sitting around in big leather chairs, or something like that. It was an auditorium full of people. And we walked in on the first day and on the board he had written, cash kills companies. Did we ever talk about this? Jill DeWit: Nope. Steven Butala: I'm sure I brought it up on the show maybe four years ago. Jill DeWit: Oh. Oh, yeah. Wait. I do remember. What do you think? Come on.