Latest / Real Estate Investing with RealDealCrew / 43 Touchpoints to Close an Investor w/ Jason Fishman
Transcript
- 0:00If you're able to show hundreds of investors,
- 0:02thousands of investors, on the regulation A plus side,
- 0:05I have a client with over 59,000 investors.
- 0:08One sponsor on this episode has over fifty-nine thousand investors
- 0:12in a single raise, and that did not happen by accident.
- 0:15In this episode, you'll learn why Meta consistently outperforms LinkedIn
- 0:20for converting capital raise ads,
- 0:22the real number of touch points it takes before someone actually wires money into
- 0:26a deal, and how you get the offerings found on Google and by AI tools like ChatGPT
- 0:32and Claude before your competitors figure it out.
- 0:35Jason Fishman runs Digital Niche Agency and serves as the vice president
- 0:40of the Crowdfunding Professional Association.
- 0:43He's built marketing campaigns across Reg D,
- 0:46Reg C F, and Reg A plus. Raises and knows exactly where the legal lines sit.
- 0:52Stick around because we get into what actually allowed and what isn't.
- 0:56Let's get started.
- 1:01We have Jason Fishman on the line and you can find how his team can help
- 1:06you by heading over to digitalnicheagency.com.
- 1:11Of course, it's going to be a clickable link in the show notes.
- 1:14Really appreciate your time here,
- 1:17Jason. We're going to be talking about digital marketing and investor outreach,
- 1:21which is an important aspect. And there's a lot of regulations around this,
- 1:26especially in the niche that you're focused on.
- 1:29I really appreciate your time here today,
- 1:31Jason.
- 1:31Thanks, Jack. I've been looking forward to this.
- 1:33It's pleasure to be on.
- 1:34So when it comes to marketing,
- 1:35I've found there's two significant camps that people fall into.
- 1:41They either fall into this as an accidental occupation or very deliberate.
- 1:46There's no lines in between. There's no gray area.
- 1:50Where do you fall?
- 1:51very deliberate in my business classes.
- 1:54I gravitated towards marketing.
- 1:56looked at that as how brands at that point obtained market share and we're
- 2:01on the front lines of performance.
- 2:02It's exciting, it's confronting,
- 2:04it's rewarding when you're able to pull it all together.
- 2:06Looking forward to speaking with you about how we use these tools
- 2:10to effectively raise capital and how it brings me to all different types
- 2:14of discussions, not just those with marketers.
- 2:16Well, let's dive right in on that because your niche is helping like syndicators
- 2:23and the REITs and the like attract those investors that would typically have quite
- 2:28a few regulations and stuff around them in attraction.
- 2:31Like, can you talk a little bit about that and how you found your
- 2:34way into that particular niche?
- 2:37Absolutely. Absolutely. Like you said,
- 2:39there's a lot of specific formulas,
- 2:42both on the marketing side and administrative side that a company,
- 2:45an issuer essentially would need to go through.
- 2:49For me, I started a growth marketing agency.
- 2:51I was in advertising before that,
- 2:53working with Fortune 500s, wanted to focus on companies where could be more part
- 2:57of their growth, their growth story.
- 3:00And I quickly found fundraising to be a common theme in the conversation.
- 3:04I was introduced to regulation D 506 C allowing for solicitation
- 3:09of accredited investors with my advertising background.
- 3:13was running a mobile advertising network.
- 3:15have data partnerships where I can reach high net worth,
- 3:19high household income audiences.
- 3:21I could filter by what they're doing online.
- 3:23I could even filter with some of the data partners based on their portfolio.
- 3:28and what type of asset class they're most focused on.
- 3:30So I started running ads at that time.
- 3:33It was banner advertising to investors to generate leads,
- 3:36generate interest. And they would speak with the CEO,
- 3:39the founder, the team offline,
- 3:42saw success by doing this, was introduced to more issuers.
- 3:46Laws opened up further. also Reg CF and Regulation A+.
- 3:50Regulation CF stands for Regulation Crowdfunding and both these exemptions,
- 3:54which are all, you
- 3:55paperwork file at the SEC allow for marketing to retail audiences as well.
- 4:00More of a strength in numbers type of approach.
- 4:02And I've worked on real estate deals across the three filings.
- 4:04Reg CF, you could raise up to five million.
- 4:06Regulation A plus up to 75 million.
- 4:08Regulation D, it's all based on your filing.
- 4:10There's not a cap or limit. And some issuers use both Reg CF
- 4:15and Regulation D simultaneously so they could put the credit investors
- 4:18on one filing, CF on the others.
- 4:20So we use digital marketing.
- 4:23content to reach audiences who are searching around,
- 4:27their due diligence on a deal,
- 4:29advertising to drive them to that content and the offering page where
- 4:33the deal actually lives as well as outreach.
- 4:35With analytics, we're able to see performance and can scale
- 4:38up somewhat systematically what's working to be able to hit whole new levels.
- 4:42The analytics are very much around cost of capital.
- 4:45They're very much around what's occurring with the marketing you're getting
- 4:48out there.
- 4:49visibility, the traffic that's driving to your offering page,
- 4:52the conversion, both for leads and offline closings.
- 4:55For the C, F's and A's, the transaction generally occurs directly
- 4:59on the offering page. So you're measuring it there for credit investors.
- 5:03It's typically offline, but I've worked on regulation D campaigns where that
- 5:06transaction occurs on the offering page as well.
- 5:08But what's available is as you're able to
- 5:11crack the code once you're able to say,
- 5:12if I run these marketing channels to those audiences and take them down that funnel
- 5:17with this type of creative, I'm able to see an exponential return and I'm able
- 5:22to do a lot, lot more of this.
- 5:25I've had sponsors and different real estate issuers compare the cost
- 5:30of capital to investment banks and say,
- 5:32hey, we need to be under 6 % or we need to be under these levels.
- 5:35I found different creative approaches towards it that they take to structure
- 5:39as well too.
- 5:40We don't put together paperwork,
- 5:42perform the audits, but we mark it and we're held to the results that we produce.
- 5:46Hmm. Well, would you mind sharing a little bit behind the curtain here?
- 5:50Like what type of channels are we talking about?
- 5:53And where where are you able to focus your attention
- 5:57Mm-hmm.
- 5:57on without breaking any rules?
- 6:00So as an investor, if you've seen ads on Facebook,
- 6:04on Instagram about different types of opportunities,
- 6:08it could be specific real estate properties.
- 6:11Some of these are individual family homes,
- 6:16others, know, multifamily, various types of asset classes around commercial.
- 6:21I'm sure you've seen campaigns for storage and car washes and oil and gas,
- 6:27but pulling in the real estate.
- 6:28you can run these ads on Meta.
- 6:31There are rules around what you could say,
- 6:33what you cannot say, different legalese that you want to attach.
- 6:37You want to highlight the words accredited investors.
- 6:40If you're advertising as an issuer and you can only take investments from accredited
- 6:43investors, of course, we can run ads and you've probably seen them
- 6:48on Google or banner ads on different websites,
- 6:50sponsored content on different websites or apps.
- 6:53Maybe you've received an email newsletter.
- 6:55that you subscribe to around deal flow,
- 6:57around investor education, and you've seen actual opportunities populate there.
- 7:01The advertising is a surefire way to buy traffic.
- 7:05And if you're buying it from the right people,
- 7:06the right places, you could be setting yourself up for good conversions.
- 7:10There is also organic content.
- 7:13It could appear on podcasts, can be speaking at conferences.
- 7:18can be speaking and getting quoted by different journalists,
- 7:21industry specific journalists at that,
- 7:23real estate in your region. You want to repurpose all this across your
- 7:28own content channels, your social media,
- 7:30your email newsletter, your webinars and live pitches.
- 7:34But it's a blend of these different marketing channels.
- 7:37You've probably even received outreach from someone on LinkedIn or email without
- 7:41the right social proof. Those can seem
- 7:44you know, skeptical. Those can seem,
- 7:46you know, questionable on whether you want to respond or not.
- 7:49But at the same time, all of these channels are available for usage
- 7:53and we've been able to find pockets of performance as we're running these campaigns
- 7:57and essentially do more of what's working and over time.
- 8:00This is one of those situations you just mentioned social proof,
- 8:04where you do actually have to kind of have a multi layered direction on some
- 8:10of this marketing just to make sure that that that those other pieces
- 8:14of the foundation are in place.
- 8:17Absolutely. We don't believe what we see online.
- 8:19We have our own reservations towards different investment opportunities at that.
- 8:25Whether it's our local bank and our private banking manager or someone that
- 8:31we have on the personal side telling us about investment opportunity.
- 8:34Certainly I doubt what I see online.
- 8:36So the more we're able to point at publishers who've talked about a REIT
- 8:43or a firm or a fund.
- 8:45different awards, different accolades,
- 8:47different speaking appearances.
- 8:49I mentioned podcasts, I talked about conferences.
- 8:51I find issuers really need to have a headline worthy announcement
- 8:56on a regular basis. For many of our clients and campaigns,
- 8:59that's a weekly basis. For others,
- 9:01it's every other week, once a month.
- 9:03A lot of this can be manufactured.
- 9:05Everything's for sale. If you go to a publisher,
- 9:08they're gonna throw you a rate card in many cases.
- 9:11You could get...
- 9:12covered, you can earn media organically as well too.
- 9:16But the more third party validators you're able to point to,
- 9:19the better. The more investor testimonials,
- 9:21the more strategic partners, more groups or funds that have invested in us,
- 9:26the more your audience is gonna pay attention and certainly the more capital that
- 9:30you raise. If you're able to show hundreds of investors,
- 9:34thousands of investors, on the regulation A plus side,
- 9:37I have a client with over 59,000 investors.
- 9:41the more you're able to show that,
- 9:42the more people say, huh, everyone's talking about these guys.
- 9:46All these big people, all of these brands,
- 9:49all these groups I know are investing with them,
- 9:52I'm gonna take a look at what they do,
- 9:54or I'm actually gonna schedule a call.
- 9:55Or you know, I had a call with them.
- 9:57Let me take this to another level here.
- 9:59So as a digital marketer, I would tell you the more social proof,
- 10:02the more third party validation,
- 10:04the better.
- 10:04Well, this is something, you know,
- 10:06we we talked before we hit record the concept of,
- 10:09know, I spent a lot of time in AI talking about AI and working in AI.
- 10:15What you're talking about are these truss signals that AI requires
- 10:19in which to surface this information as well.
- 10:22So it kind of is a double win there.
- 10:23Mm.
- 10:25You know, it's these truss signals,
- 10:27whether it's
- 10:28it's what you're saying these publications,
- 10:30or being able to point to citations,
- 10:32whether it's even like being involved in your local Chamber of Commerce and,
- 10:36and nonprofits, that type of stuff.
- 10:39These these algorithms like these trust signals to boost you online.
- 10:45Exactly. You know, for years it was search engine optimization
- 10:49and having these signals show up to be found,
- 10:53to be searchable by Google or Yahoo or Bing,
- 10:57whatever platform someone was using with GEO today and to position to be shown
- 11:02to be populated in results with LLMs and different types of AI platforms.
- 11:07There's always been different strategies and tactics and
- 11:11Do this with .edu sites and do this with .gov sites and be featured,
- 11:16you mentioned, in Chamber of Commerce and part of many professional associations.
- 11:20I'm the vice president of the Crowdfunding Professional Association this year.
- 11:23They implemented some of these exemptions and speak with the SEC
- 11:28and Congress on these topics. The more you're involved with,
- 11:32the more credible you appear to someone that you're speaking to offline,
- 11:36to someone who's
- 11:38doing their own research online about you and definitely to the platforms that
- 11:43are looking to give these results.
- 11:45So there are all different types of philosophies towards how to rank on chat
- 11:50GPT and Claude and these other platforms.
- 11:53I would tell you good content and with the right authoritative partners
- 11:58is definitely a great access point to it.
- 12:00You mentioned one channel is made meta through Facebook and what have you.
- 12:04I would imagine that a lot of people would have assumed that maybe
- 12:08it would be LinkedIn or like a professional network.
- 12:11Do you typically find like Facebook meta kind of a better avenue?
- 12:15For advertising, yes. And that's a short,
- 12:19concise answer, but no hesitation.
- 12:21Let's talk about LinkedIn for a second.
- 12:24I love LinkedIn for outreach. I think it's underutilized,
- 12:28underrated as a tool for outreach.
- 12:30A little tough to cut to the clutter these days,
- 12:33but meanwhile, you have your profile picture,
- 12:35mutual connections, background.
- 12:37It leads to a warmer dynamic in a conversation,
- 12:41let alone a higher response rate.
- 12:43On LinkedIn, you could send 25 invitations per day,
- 12:47per LinkedIn profile right now.
- 12:49You can do in-depth searches and find the exact individuals you want
- 12:54to connect with. It amazes me how many people put investor as a job title.
- 12:58You could focus by company size,
- 13:00vertical, zip code, industry,
- 13:04everything to find the right person at the right company,
- 13:08the right group you want to interface with.
- 13:09But it is endless who you could connect with on there.
- 13:13that would fit into your initiatives.
- 13:15You look for 20 % or higher acceptance rate of invitations followed by a
- 13:1920 % or higher response rate by messages that you send to these new contacts.
- 13:22Amazing tool. Content, it's great for content.
- 13:27You could put out a post. Let's say you get some investors to comment on it.
- 13:32Let's say you get some partners,
- 13:33maybe people that you're investing with to comment on it.
- 13:35It's likely going to show up in their feeds.
- 13:37The algorithm really, really can amplify.
- 13:41on LinkedIn and more so than Metta.
- 13:44For advertising, I don't want to talk down on it.
- 13:47I just simply see by the numbers,
- 13:50all the way to measures of numbers,
- 13:51big numbers guy, exponentially higher click through rates with Metta than
- 13:58LinkedIn. Meanwhile, you pay more for the media on LinkedIn.
- 14:01So you're seeing an exponentially higher cost per click as well as cost per lead.
- 14:06And I don't see the same conversion behavior to follow.
- 14:10I could speak personally when I go into LinkedIn.
- 14:12I'm checking my messages, my responses.
- 14:15Maybe I'll go on to the newsfeed for a minute.
- 14:17As soon as I'm there for a few minutes,
- 14:19I feel like I should be working and need to get off there,
- 14:22but I'll press like a few times.
- 14:23Seeing an advertisement, clicking through,
- 14:26filling something out happens a lot,
- 14:28you know, less of the time for me,
- 14:30even from an in-mail, which seems like they're just paying to reach out to me.
- 14:34So you then look at Meta.
- 14:37favorable click through rate and conversion rate.
- 14:39Meta, you have over a billion daily active users.
- 14:42Who you're looking to reach as an audience type is on Meta.
- 14:46Everyone you're looking to reach from that audience?
- 14:48No, but that's the same for any platform.
- 14:51But who you're looking to reach is on Meta.
- 14:53And then Meta, there's so many different things to do with
- 14:56the advertising platform itself.
- 14:58So if I have a list of 100,000
- 15:03investors that fit the exact targeting,
- 15:07exact focus I'm mapping out in my plan,
- 15:09I could upload it as what's called a custom audience on Temeta,
- 15:13and I could advertise exclusively to those people.
- 15:16These could be attendees of conferences or anything that I've been able
- 15:21to build and I'm emailing and I can advertise to.
- 15:24There are some different rules towards emailing people directly.
- 15:28The advertising, you want to be able to show ownership of the list,
- 15:31of course. But you're targeting audiences with these ads.
- 15:36They don't know how they're being targeted as much as they keep seeing
- 15:39you everywhere. There's a button they could click to show they show up
- 15:43on a list somewhere, but they just keep seeing your ads.
- 15:45Very few people look at that to begin with.
- 15:47You can have images, you can have videos.
- 15:50There's a call to action button.
- 15:52They could click through to your form,
- 15:54to your offering page from there.
- 15:56There's even strategies for Metajack where you can advertise from publishers'
- 16:01handles, meaning the page that is advertising,
- 16:04you can build an advertising program,
- 16:07but with financial publishers,
- 16:09real estate publishers, private equity publishers,
- 16:12they offer this. I've even broken deals like this before.
- 16:15There are advertising programs with them to advertise from their ad accounts,
- 16:21but you could set up to advertise from yours.
- 16:22called whitelisting.
- 16:24But there's so many different things to do with Meta.
- 16:26Just beyond the fact that prospecting and retargeting goes beyond Meta,
- 16:30you have access to ad networks and sites beyond their main platforms.
- 16:33And if this all sounds foreign to you,
- 16:35you can hit Jason and his team up by heading over
- 16:39to digitalnicheagency.com.
- 16:43That's going to be a clickable link in the show notes.
- 16:45If you haven't noticed yet, the acronym is DNA.
- 16:48That was by design, Jason.
- 16:50Absolutely. That's in our logo and it's based on that advanced targeting.
- 16:52course it was.
- 16:56Just to add one more note to add some more use cases for this.
- 17:00If you Google Facebook ads library,
- 17:03you can also Google LinkedIn ads library.
- 17:07You can actually type in the field there to see any brands live advertisements.
- 17:13LinkedIn will actually show you historical ones.
- 17:15It doesn't have to be a brand.
- 17:16You could type in keywords. I would invite you to type in accredited investor
- 17:21and you can see a long list of the actual ads that REITs and different real estate
- 17:27sponsors and different groups doing regulation D506C campaigns are running today.
- 17:33Can do so on LinkedIn, could do so on Facebook.
- 17:35You'll probably find some opportunities you'd be interested in as an investor.
- 17:38But if nothing else, just get a landscape of who's using these type of approaches.
- 17:43If you found some value in what we're chatting about so far,
- 17:45us a favor share this with one of your investor friends.
- 17:48If you're watching us on YouTube,
- 17:50give us a like and subscribe. As we dive into some things,
- 17:53Jason, I'm hoping that like I said,
- 17:56what you're just laying out here,
- 17:57I'm we've probably glossed some eyes over,
- 18:01glaze some eyes over and talking about some of this but
- 18:05Could you maybe provide us some nuggets like some low hanging fruit
- 18:10of people that could maybe implement something this afternoon or this weekend that
- 18:16could actually move the needle for people and who are trying to dip their
- 18:19toe into this type of thing for the first time.
- 18:21Sure, So.
- 18:22giving you the idea of checking out ads on Facebook and LinkedIn.
- 18:26You'll see a lot more ads on Facebook and seeing the opportunities from there.
- 18:29If you were gonna run a marketing campaign,
- 18:31you'd wanna have a very good grasp of what's in the market right now,
- 18:35what the conversation looks like from issuer to investor.
- 18:39I talked about LinkedIn and LinkedIn Outreach and how underrated that is.
- 18:44I would basically, you
- 18:45point you to that LinkedIn outreach is just low hanging fruit.
- 18:49Do it today. You can build lists in LinkedIn sales navigator,
- 18:56LinkedIn directly have invitations with a first message going out to 25
- 19:02to 40 people a day, 40 once an account's warmed up and start receiving responses,
- 19:07start getting calls. If I put an hour into that after this podcast today,
- 19:12I know I would have calls.
- 19:14booked with my calendar scheduler or call request times and messages when
- 19:19I got back to my computer the next business day.
- 19:21So I would absolutely tell you to go there.
- 19:24You can also search 506C or you could search regulation A plus and learn more about
- 19:29these exemptions. There are a variety of real estate platforms out there
- 19:34as well too that just host real estate deals and use some of these exemptions.
- 19:39So if you type in, know, reg D real estate,
- 19:43you'll see, you know, five, 10 of them populate.
- 19:46I appreciate you giving everybody those tips.
- 19:48Yeah, one of the things that I wanted you to chat about as well is that
- 19:51you probably seen it over the duration of your career.
- 19:54You know, when I first got into real estate investing,
- 19:58and I took like some couple online marketing courses.
- 20:02It wasn't too long ago where you'd have to hit somebody seven,
- 20:05eight times in order to get some sort of action.
- 20:08Now I've been seeing it climbing up towards a dozen,
- 20:11if not more, in order to hit hit,
- 20:14you got to hit that list over and over again.
- 20:16I think that goes counterintuitive.
- 20:18I don't know if that's something that we as humans,
- 20:21we just don't want to bug people to that level.
- 20:23But that's the reality of it, isn't it?
- 20:25It absolutely is. I heard a stat the other day that we see 60,000 advertisements
- 20:30in a day. That would include everything around you from the logo on your phone
- 20:34to the cars that you see on the road.
- 20:37But there is an overload in what we are targeted with.
- 20:41can tell you how many emails are in my box today of just promotions
- 20:44and everything thrown at us. So I use the stat of seven to 17 touch points.
- 20:50It definitely paints that picture of,
- 20:52it's gonna be multiple visits to your offering page.
- 20:56It's gonna be different reminders before an action takes place.
- 20:59I was looking at one of our Regulation 8 Plus campaigns last week.
- 21:02investment occurred with over 43 touch points.
- 21:05All different types of marketing channels,
- 21:07marketing partners to make that investment take place and they have thousands
- 21:11of investors that have converted on that deal.
- 21:14But just to give you a glimpse of what this looks like.
- 21:16There's this concept of a marketing funnel,
- 21:19upside down pyramid, right? And at the top of the funnel is awareness,
- 21:24later down is consideration. Only a percentage of the people who are aware
- 21:28of your offering are actually considering it.
- 21:30Then intent, even those that intend to invest,
- 21:34intend to schedule a call, intend to take an action,
- 21:37are actually gonna move forward.
- 21:39Life happens, we forget about it,
- 21:41something else comes to mind, there's a current event,
- 21:43whatever.
- 21:44It's only a percentage that actually close.
- 21:46I would tell you there's repeat conversion and advocacy at the bottom
- 21:50of that funnel. Advocacy, peer to peer marketing is the ultimate form of marketing.
- 21:54If my brother tells me to look at a multifamily opportunity tomorrow,
- 21:59I'm going to pay a lot more attention to it than if I hear from someone
- 22:03I don't know that well or see it randomly for the first time.
- 22:07Again, multiple times, I'll probably pay more attention.
- 22:09But that's what you.
- 22:10ultimately want to stimulate with the marketing.
- 22:12The other thing that I would like to get your concept on is that we are
- 22:17in the world of AI right now. frankly,
- 22:20the situation online, whether it's on LinkedIn or Facebook,
- 22:24it's just a ton of AI slop for the,
- 22:28frankly, people are throwing anything and everything into AI and hoping
- 22:32for the best. Talk a little bit about how things are changing
- 22:38and how to possibly stand out in this world.
- 22:41world of noise at the moment.
- 22:43Well, could tell you really understand AI with the fact that you brought up AI slop,
- 22:47because I've been part of different conversations.
- 22:48You
- 22:50It's true, right? And just us talking about it here,
- 22:53we're going to notice it more.
- 22:54And listeners, viewers are going to notice it more today after,
- 22:58you know, engaging with this content.
- 23:00So basically good AI usage. You shouldn't be able to tell as an audience member that
- 23:05it was created by AI. Maybe some Dow.
- 23:08You know, this is really impressive.
- 23:10I wonder, but you shouldn't have any obvious signs that it's AI.
- 23:14And just because these tools can put together a social post or
- 23:18an advertising design or a one sheet or whatever it looks like very quickly,
- 23:22an email, oh man, I get these long emails.
- 23:25I just know it's AI and it shows me they put in no effort and I don't respond,
- 23:30right? So you should not be able to tell that AI was the creator.
- 23:36I have a rule internally for my creative team and count strategists that,
- 23:41you know, we should only be using it if it's better than human.
- 23:44And we find sometimes to use some of our AISOPs or standard operating procedures,
- 23:50it could take more time than if we were just sitting down and doing it.
- 23:52I'm fine with that, by the way,
- 23:54if the quality is there. The focus is quality.
- 23:57The real goal is that audience response and the results.
- 24:01That's what our clients want.
- 24:03They don't care if we spend less time.
- 24:05We're not charging by the hour.
- 24:06They just, and even if we did,
- 24:08they just want those results. So that's where the focal point really should be.
- 24:12But yes, if you're thinking, hey,
- 24:14I'm going to accomplish X, Y, and Z just with AI,
- 24:17I would put yourself in the shoes of the audience and ask,
- 24:22are they going to be able to tell if this is AI?
- 24:24Is this set up to produce the right results for me?
- 24:27Am I going to get the strongest response for this?
- 24:30from this or am I just doing it to cut corners and save time?
- 24:34There's amazing AI usage that's occurring right now.
- 24:37Like you said, there's a plethora,
- 24:39too much that is just slop and blatantly obvious.
- 24:43And I think it hurts AI adoption as a whole.
- 24:45Yeah. This is one of those things that you know,
- 24:48I can get on a soapbox on is the is the fact that leveraging it to save some time.
- 24:53And but in the end, I,
- 24:57when people come to me, and I help them adopt an AI solution,
- 25:01I've even warned them I can either
- 25:04amplify any aspect I can amplify your the great pieces about you but
- 25:09I can also amplify the crap so we got to make sure it's garbage in garbage
- 25:15out it's going to be great stuff in great stuff out I can help you build your Iron
- 25:20Man suit but I still need you in the middle of it
- 25:22Mm-hmm. Mm-hmm. Exactly. These are amazing tools to enhance.
- 25:26Like you said, if it's not the right value going in,
- 25:29very difficult to get those next levels from there.
- 25:33And you're talking to an audience that doesn't know you're using the tools.
- 25:37So again, it's really got to have the right starting point.
- 25:41If you're just looking to create it from the ground up and giving it
- 25:43too many orders in your prompt at once,
- 25:45there's probably going to be mistakes.
- 25:46And if you're not an expert in what you're doing,
- 25:48you may not even recognize that there's mistakes that are present.
- 25:51I hear that as a use case with law firms today and pulling cases that
- 25:55you
- 25:56are fake and not going through it.
- 25:58And I guess the garbage in there would be what a lower level team member
- 26:02is putting in and trying to get out and then not having the right eyes comb through
- 26:06it. But there's definitely risk in not having the right captain of the ship,
- 26:11not having the right person behind the wheel,
- 26:13behind the helm.
- 26:13Hmm.
- 26:13Well, this is such a great conversation,
- 26:16Jason, and I just realized that we are closing things out here very soon.
- 26:21But I wanted to make sure it was there anything else we should have probably tried
- 26:25to hit on? Like, I'm sure I missed a question along the way.
- 26:28I think what I would like to point out is we live more and more of our life online.
- 26:34If you look at your screen time today,
- 26:36how much time we spend with these devices is crazy.
- 26:39And this is going to be not an alternative,
- 26:43but the primary approach towards capital formation in years to come.
- 26:47Scale is available here. Whether you're talking about
- 26:51thousands of retail investors or believe it or not thousands
- 26:54of accredited investors that come in at six figure seven figure levels that funds
- 26:59are building systems around today.
- 27:01The REITs the funds are at the forefront of this race are going to
- 27:05be leading the next five ten years.
- 27:07And this may sound neat this may sound over the head a little bit but I'll tell
- 27:12you that there's more and more being raised per year using these exemptions.
- 27:17even asking for smaller amounts,
- 27:19but with that strength in numbers,
- 27:20with high volumes of smaller investors,
- 27:23it's a different ask to go after someone for a smaller amount,
- 27:26but get many of those people and regardless of what's occurring in the market.
- 27:30So I would definitely dive further into this.
- 27:34If you're not using these vehicles already today,
- 27:36understand what's working with some of these other groups,
- 27:38which investors are moving forward.
- 27:40There's definitely going to be opportunity for you there.
- 27:42And I'll tell you with digital,
- 27:44things are very replicatable.
- 27:46They're very scalable. And once you're able to crack the code,
- 27:49it opens up a whole new area of possibilities towards your growth.
- 27:52Well, Jason, I just really appreciate you giving us the time here today.
- 27:57Again, it is digital niche agency.com clickable link in the show notes.
- 28:02If you're ready, we'll jump into the rapid fire and close out this episode.
- 28:07Let's do it, far away.
- 28:08What lie do real estate investors often tell themselves?
- 28:12What lie do real estate investors often tell themselves?
- 28:16That they're experts and no one knows better than them.
- 28:19I've heard people say everything from,
- 28:22and for comedic effect, if there wasn't a shooting on the property in
- 28:25the past six months, I don't want it.
- 28:28I've heard them say, I'm only interested in these zip codes,
- 28:30these asset classes, this is the only thing that works,
- 28:33that's the only thing that works,
- 28:34marketing doesn't work, groups don't work,
- 28:36investing alone doesn't work. You see all the...
- 28:40contrasting ideologies here. I don't know if I'm firing quick enough.
- 28:44I could elaborate further, but it's from thinking they're the smartest person
- 28:45You
- 28:48in the room.
- 28:48No, I appreciate that. If you could go back in time and give your younger self
- 28:52a piece of advice, what would it be?
- 28:53invest in more real estate.
- 28:55Do you have some yourself?
- 28:57Yes, I'm a homeowner here in Marina Del Rey.
- 29:00Part of projects and funds as well too.
- 29:04But I actually had one of my dad's cousins,
- 29:08architect, tell me at 17, invest in real estate.
- 29:11I would have told myself that as a teenager and I should have acted on that quicker.
- 29:15Did you fall for any of your own marketing?
- 29:17Fall for it is an interesting one.
- 29:19I try not to be too involved on the investment side because I have
- 29:20Ha ha ha ha ha.
- 29:24to be careful when I mention names and different things along those lines
- 29:28and that I'm a shareholder and I'm an investor and so on and so forth.
- 29:33But yes, I am definitely a partner in some of the client campaigns we've worked on.
- 29:37Yeah, you know I was joking, don't take that personally.
- 29:40Do you have a book reccom... Do you have a book recommendation or what
- 29:41just playing into it.
- 29:46are you reading right now?
- 29:47There's one I built my business on called the E-Myth,
- 29:49the entrepreneur myth. It's the difference of being self-employed versus working
- 29:54on the business and being an entrepreneur.
- 29:57I think that really would land with some of the real estate groups,
- 30:01some of the investors, some of the individuals I know who are highly active
- 30:03in this space. And it's all about creating these processes to where you
- 30:07can hand off different things that bog you down.
- 30:10And around those standard operating procedures,
- 30:13you can really avoid some of bottlenecks that stump people towards their own growth.
- 30:18And then finally, what single tool or process have you implemented that
- 30:22has had the biggest time-saving impact?
- 30:24Mmm, time-saving impact.
- 30:27or process. ~
- 30:29I would tell you that.
- 30:31Having AI next to me throughout my day,
- 30:35not just using it as it comes to mind,
- 30:38but having it open and ready has saved me more time than I could calculate.
- 30:43Everything from who I need to follow up with and asking,
- 30:48you know, in AI, to building lists and prospecting,
- 30:51to refining my message, pulling databases and being able to prioritize.
- 30:56what I look at or who I reach out to from there,
- 30:58putting the other statistics. It saves me time every day,
- 31:01but having it out and as a companion,
- 31:03I've never said it exactly in that way,
- 31:07but I think that's a good inspiration for the audience to say it that way.
- 31:11It saves me time every day and expands upon my abilities.
- 31:14Again, I go through with fine tooth comb.
- 31:16There are mistakes in there and I know what I'm looking for,
- 31:19but I couldn't begin to.
- 31:21scratch the surface on how much time it saves me.
- 31:23Well, Jason, I really appreciate it again.
- 31:26One more time digital niche agency.com.
- 31:29That's always going to be a clickable link in the show notes.
- 31:32Take advantage of that and follow Jason there.
- 31:35I understand you have a podcast.
- 31:37I think a YouTube channel as well.
- 31:39Right, Jason work and they find more information or learn directly from you there.
- 31:44youtube.com slash at digital niche agency.
- 31:48You'll see a playlist for my podcast.
- 31:51You'll see a playlist for my webinars,
- 31:54my educational series, as well as guest appearances.
- 31:56You'll see recent videos on our website as well too,
- 32:00but check out our YouTube, like,
- 32:02subscribe, put a lot of effort,
- 32:04a lot of passion, a lot of ideas into the conversations that are featured there.
- 32:07Well, I appreciate it again, Jason.
- 32:09It was great to meet you, and I hope you'll consider coming back again real soon.
- 32:12Absolutely. Would love to Jack really enjoyed the conversation today.