The Science of Flipping with Justin Colby

Listen to the Episode (24:20)

How much money would you pay if you didn’t have to make a mistake that someone else did make? Today we get to hear from Justin Colby who is the Founder of The Science of Flipping Podcast and The Science of Flipping Coaching Program.

[00:01] – [03:48] Opening Segment

Let’s get to know Justin Colby
Justin talks about his background
- His time as a realtor
- Building a system that brought him success

[03:49] – [19:40] The Science of Flipping

Justin talks about the mistakes he made early on
- Closing his first deal
Setting up a system
The process of building his team
When you should consider to start hiring
Skills he learned in and acquiring and building different asset types
Learning from his biggest losses

[19:41] – [23:57] Closing Segment

Justin’s advice to aspiring investors
- Make sure to learn from those who came before you and always try to level up
How Justin stays up on top of his game
His way to make the world a better place
How to reach out to Justin – links below
Final words from Justin and Me

Tweetable Quotes:

“My first hire was a personal assistant and I will still recommend that to people. The first thing you need to do is get the stuff that you aren’t good at, and the stuff that you don’t want to do but have to get done, so you could be running higher in sales.” – Justin Colby

“It’s more about growing your wallet, not your operation. That’s really the key, people want to grow their operation because it looks cool, it sounds cool, people respect it. But if they can’t put more money in their pocket, then what’s the point?” – Justin Colby

“Some of my biggest losses, helps me make more money in the long run.” – Justin Colby

“Make sure you are learning from those who have done it before.” – Justin Colby

Resources Mentioned: