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The Flip Empire Show

On The Flip Empire Show, Alex Pardo brings you strategies, interviews, and insights for smart real estate investors to help grow and scale your real estate investing business. The Flip Empire Show was created for YOU, the smart real estate investor and entrepreneur. If you're looking for ACTIONABLE and SIMPLIFIED advice, Alex Pardo has you covered with his Master Class Expert Interviews, as well as the Q and A shows. Learn from real estate's heavy hitters, as Alex Pardo puts them on the hot seat to reveal their best strategies for running a profitable, scalable, and automated real estate business. Get a fresh perspective from a Real Estate Investor, Entrepreneur, and Coach that has flipped well over 500 homes. We're dedicated to adding value to you and your business, and bringing you the best content to help you make more money, build your empire, and experience freedom through real estate investing. For more strategies, and recommended resources, check us out at www.FlipEmpire.com. Disclaimer: The author, publishers, contributors and creators of this material are not responsible in any manner for any potential or actual loss resulting in the use of the information presented. The content of this publication is for informational purposes. No promise or guarantee of income or results is implied or suggested.
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Now displaying: Page 1
Jul 28, 2016

Alex wants to stress the importance of creating systems in your business. When you have good systems in place, anybody can take a look at your business and fit right in. Alex talks on how you can put effective systems in your business and why you should always document the process and make sure it is still up-to-date three months later. Systems help make sure you're on the same page with your team and it also gives you a way to take yourself out of the picture.

 

Key Takeaways:

Thank you for sending in your questions!

Everybody understands the importance of having systems in their business, but what does it actually look like?

You want to have a strong system in place so you can replace yourself.

If you're still interested in this topic after the show, Alex can do a master class on it as well.

First of all, what is step one? Outline the various categories and subcategories of your business.

It's important to document what you plan to do and make it easy to read. Alex does this in a video format and then has his VA organize it in a word doc.

Don't just rely on video, because things change and things need to be updated.

You want the document incredibly, incredibly easy. Can't stress this enough. Include bullet points and screenshots, so that anybody can quickly understand the tasks at hand.

Every three months you want to check back on all the SOPs (Standard Operating Procedures) you've created.

Focus on creating one SOP a week. Don't overwhelm yourself.

You always want to be thinking, “How can I remove myself from this process?”

 

Mentioned in This Episode:

www.flipempire.com/

www.flipempire.com/question

The E-Myth Revisited by Michael Gerber

Use Screenflow For Screen Capture Videos (to record SOPs)

Snag It

www.fiverr.com

www.podio.com/

 

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record you question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!


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