IdeaMensch recently published an interview with the real estate investor Jim Toner. Toner is known in the real estate world for his incredible success over the past two and a half decades. But it is his dedication to bringing his knowledge to the general population that has helped him succeed as an entrepreneur.
After spending 25 years in the trenches of the real estate investment world, Jim Toner decided it was time to bring all the knowledge he has gained from both his successes and his failures to the people. He began to publish books like “The Consumer’s Guide to Investment Real Estate: How to Profit in Today’s Market Using History’s Greatest Wealth Builder” and “Send in the Wolves: The Million Dollar, Real-World Education on How to Run a Successful, Profitable Small Business in the New Economy”. He has also created a program on real estate investment as a path to personal financial freedom called the “12 Little Houses Plan”. Though he does accept private coaching clients within his Private Client Group, it always has a wait list. He is also a speaker and consultant, speaking at events with the Napoleon Hill Foundation with entrepreneurs like Sharon Lechter, Bill Bartmann, and Frank McKinney.
He feels one of the best ways for entrepreneurs to be successful is through keeping the mind and body in balance. This is why he begins his day in the early morning, with a quiet half hour first thing to simply think. Then he spends the next several hours reading and working out. He will often listen to audiobooks or podcasts while working out to keep learning about new ideas.
After that, the majority of his day is spent creating sales copy or writing for his new book. He also is a radio host and will spend his time recording his podcast and radio show. One of the things he is dedicated to in order to stay productive throughout the day is to avoid the to-do list. Instead, Toner prefers to spend more of his time going with the flow, especially because he already deeply understands his priorities.
He also suggests that working all day and all night is the fastest way to a burnout, which will actually prevent the entrepreneur from succeeding quickly. In our fast paced world, people and entrepreneurs in particular have a tendency to brag about working 24/7 when in reality, that overwhelm can prevent them from bringing their “A” game.
Another tendency for entrepreneurs that may prevent them from succeeding as quickly as they want to is the tendency to spend most of their time thinking about implementing ideas and strategies rather than actually doing the work. The inaction eventually kills the enthusiasm and leads entrepreneurs to start thinking about everything that can go wrong instead of what can go right. That’s why Jim Toner suggests testing. Though failure is a part of being an entrepreneur, if the person persists and learns from mistakes, success is just around the corner.
Meet Jim Toner’s Team: https://sendinthewolves.com/meet-the-team