Episode #282 - Encore: Using The Dunning-Kruger Effect To Save Time, Money, and Heartbreak In Your Real Estate Investing Business
REI Marketing Nerds · Dan Barrett
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Show Notes
You've probably realized that more and more investors are pouring into the market. This means more competition, but it also means more profit potential for people who target investors.
When you want help with your marketing, tech or sales, you'll have to hire service providers. But how do you know who'll make you money and who will suck you dry?
In this episode, you'll find out how to use a little-known psychological effect to weed out the bad ones and find the people who'll grow your business and help you run the business you wanted all along.
Listen now!
Show highlights include:
- Why the recent REI boom will flood your business with people asking for money. (4:20)
- The biggest advantage of having a competitor with a better offer. (5:58)
- Why the best experts are often timid–and how to use that to choose service providers. (11:11)
- How to choose the right service providers for your business—and how to spot money-sucking "service providers" who'll ruin your business. (13:45)
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