Welcome to The Cashflow Project! Today, we bring you Max Fisch, Real Estate Project Solutions' founder. When Max started scaling his business, he realized that business operations involve various aspects, and each element is already a full-time job. This realization led him to develop a team and systematized things. As a result, he used his time for the things that would generate the highest return and outsourced the rest.
Max shares that hiring, training, and managing can address the common employee dilemma. The human resource department plays a significant role in this solution. He also talked about the best tools to monitor remote work and ensure that virtual assistants are doing what they are supposed to be doing. So if you are still trying to do everything yourself, tune in to learn more about outsourcing!
Outline of the episode:
· [01:19] A leap toward real estate
· [03:48] How did he scale his business
· [06:31] Utilizing his time for the highest revenue-generating activities
· [08:54] Overcoming the common pitfalls with virtual assistants
· [13:58] How do you encourage people to use a system like Asana
· [20:34] Biggest mistake he’s made in his career
· [31:12] What you can do while waiting for the market to settle
· [35:47] Advice to the busy working professional working towards financial freedom
Resources:
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The Cashflow Project
This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
To learn more about us, visit tricityequity.com