Danielle Pierce https://www.daniellepierce.com Tax liens, foreclosures, preservation, real estate, entrepreneurship Thu, 28 Nov 2019 03:08:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.4 Here’s why you shouldn’t take everyone’s money… https://www.daniellepierce.com/heres-why-you-shouldnt-take-everyones-money/ https://www.daniellepierce.com/heres-why-you-shouldnt-take-everyones-money/#comments Thu, 28 Nov 2019 03:08:23 +0000 https://www.daniellepierce.com/?p=660 Like the majority of entrepreneurs, I stand behind every product/service I offer 1000%. With that being stated, I know that I am not meant to serve anyone nor is everyone my target customer. Years ago, I was happy to take money from anyone because I...

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Like the majority of entrepreneurs, I stand behind every product/service I offer 1000%.

With that being stated, I know that I am not meant to serve anyone nor is everyone my target customer.

Years ago, I was happy to take money from anyone because I was in grind mode 24/7 and always wondering where the next dollar was coming from and IF the next dollar was coming in.

But, I’m going on my 13th year as an entrepreneur and I have had quite a few hard lessons along the way. One of those lessons is this: you can’t take everyone’s money.

The common perception in the online course world is that my job as the instructor is to convince people of why they should spend money on my services. The idea is that I should make constant non-stop efforts to convince people of why they should work with me.

In the last 2 years, it’s become clear to me that I have a duty to vet my customers as well. 

Any transaction should be a MUTUALLY beneficial one – and it’s NOT always all about the money. In any business, there are customers that are high cost, high maintenance and high stress. It is my absolute goal to AVOID those customers at ANY cost. Granted, I don’t attract many people that fit that description. But, when I do, I REFUND those individuals the moment it becomes clear that their investment will far exceed the amount of havoc they can bring into the business. As of today, it’s less than 5 individuals that have fallen into this category.

I mean, is there any point in running your own business and being stressed out all the time? I no longer think so.

I’m making a concerted effort to change the narrative around entrepreneurship. Right now, there’s this idea that you grind and struggle and deliriously brag that you are #TeamNoSleep because you are going to prove everyone wrong.

But…

What if successful entrepreneurs are well rested, even tempered, balanced and happily serving their ideal customer on a day to day basis?

I don’t know about you, but that sounds like a plan to me!

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Stock Market Investing For Beginners https://www.daniellepierce.com/stock-market-investing-for-beginners/ https://www.daniellepierce.com/stock-market-investing-for-beginners/#comments Fri, 15 Nov 2019 01:55:49 +0000 https://www.daniellepierce.com/?p=628 Today I had the privilege of chatting with a friend of mine, the amazingly brilliant Courtney Nicole aka The Ivy Investor. Courtney is an attorney, marijuana expert and overall financial genius. During the interview, we had a chance to talk about the following: *when it’s...

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Today I had the privilege of chatting with a friend of mine, the amazingly brilliant Courtney Nicole aka The Ivy Investor.

Courtney is an attorney, marijuana expert and overall financial genius.

During the interview, we had a chance to talk about the following:

*when it’s a good idea to invest in IPO’s

*the cannabis industry as it relates to blockchain, cryptocurrency and real estate investment trusts

*recommended books, media platforms and podcasts for new investors

Courtney and I both agree that you should start investing where you are with what you have based on the companies you are most familiar with based on your day to day life.

Check out the live video here: https://youtu.be/Ex5ukoz2vM4

Let us know what you think in the comments.

Ta-Ta

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5 Things To Know Before Starting A Business With #BAE https://www.daniellepierce.com/5-things-to-know-before-starting-a-business-with-bae/ https://www.daniellepierce.com/5-things-to-know-before-starting-a-business-with-bae/#comments Tue, 30 Apr 2019 22:02:20 +0000 https://www.daniellepierce.com/?p=317 On the surface, it may sound like the PERFECT idea to go into business with your significant other. After all, what could be better than working closely with #bae, the one person you love most in the world? Whelp, as someone who has been there...

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On the surface, it may sound like the PERFECT idea to go into business with your significant other. After all, what could be better than working closely with #bae, the one person you love most in the world?

Whelp, as someone who has been there and done that, I’m about to give you a few things to think about to help you succeed if you go this route.

#1.  Know Your Partner’s Qualities.

Would you choose your partner if he/she wasn’t your partner?

Specifically, can you name which assets they bring to the business that would help grow the business? You have to take some time to really think about this and even jot down a few notes as well. Are they resourceful, great at time management, excellent at delegating or problem solving? You gotta know this before you do anything else.

#2. Know Your Roles.

It is a proven fact that many businesses are started without a solid business plan. I would venture that this is even MORE true for businesses started with a significant other. People innately think they don’t have to “worry about all that stuff” because it’s their boo. But you had better spend some time getting real clear on who’s going to do what. Then decide how each person will be evaluated on how they are performing their respective roles.

#3. Don’t Merge Business And Personal Lives.

You have to be be aware that whatever issues you have in your personal lives will show up in the business. If you and your spouse have communication issues, you will have those same communication issues in the business. I would suggest putting an agreement in place to discuss business only during certain hours and then leave it alone until the next business day. Don’t make the mistake of merging the lines between the two.

#4. Have A Plan If It Doesn’t Work.

In the event that your partnership doesn’t work out, what will be the process of severing the agreement? Who will be responsible for finding a replacement? How will you even know that the business arrangement is failing?

#5. Always Be Forgiving.

In the event that #4 comes to pass, each party has to agree to forgive and forget any and all issues that arose during the partnership. Don’t hold grudges or harbor ill will. Don’t play the victim or the blame game. Take it as a learning experience and continue to enjoy life with your partner.

I would love to hear your thoughts if you have ever worked with a significant other! Until next time.

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The REAL Reason You’re Struggling. #SteppingOverDollarsForPennies https://www.daniellepierce.com/the-real-reason-you-are-struggling/ https://www.daniellepierce.com/the-real-reason-you-are-struggling/#comments Fri, 26 Oct 2018 09:41:52 +0000 https://www.daniellepierce.com/?p=1 I’ve said it before and I’m saying it again with this blog post. Your failure to FOCUS on one area where you’re most skilled is the sole reason why you keep falling short of your financial goals.  You keep stepping over dollars to pick up...

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I’ve said it before and I’m saying it again with this blog post.

Your failure to FOCUS on one area where you’re most skilled is the sole reason why you keep falling short of your financial goals. 

You keep stepping over dollars to pick up pennies.

In other words, you neglect the day to day process of working ON your business in favor of chasing a few hundred dollars because you desperately need it to pay the light bill or pay daycare or put gas on the car.

I get it.

But you HAVE to stop. 

That quick few hundreds of dollars is literally costing you THOUSANDS of dollars in the long term. 

Allow me to explain my situation below from 2009. Let’s call it Exhibit A, shall we:

 

In 2009 alone I had 7 different HUSTLES

1) Real estate agent

2) Selling used cars to come up with bail money for my brother

3) Fixing credit

4) Loan modifications

5) Broker price opinions

6) 5Linx

7) A temp job

 

And all of this utter chaos and confusion culminated in a lousy $30k dollars per year. I literally could have picked ANY of these areas to focus on exclusively and yield at least that same number or better. 

 

More is not always better – and especially not as it pertains to building a business.

Also, don’t let struggling entrepreneurs talk you out of leaving your 9 to 5 pm 🙂

Granted, I’ve never been guilty of this but I see a lot and I’m certain more than a few of these folks have raggedy, inconsistent income streams just like what you see below. 

 

It took about 3 years of this before I really got serious about being an entrepreneur. Oh….it also took me failing to get hired for a corporate job as well because I CERTAINLY went running back a few times. 

 

I certainly wasn’t making the money I wanted during these first few years. Hell, I wasn’t even making what I was earning as an auditor. But, I knew that I wanted better and if I could stop bullshitting I would get there. I really didn’t stop screwing around as an entrepreneur until I was pregnant with my first baby to be completely honest. 

 

It would be 2011 before I surpassed my corporate income. And just 3 years after that, I would go from $30k per year to $30k per month in gross revenue. 

That ONLY happened because I laser focused on ONE THING that I wanted to do which was operate a property preservation business.

 

Stop trying to wear 10 different hats and get you a hat that’s TAILOR MADE for you!

 

Sending love and light your way!

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5 Reasons Being A “Strong Black Woman” Is Hurting Your Business https://www.daniellepierce.com/5-reasons-why-being-a-strong-black-woman/ https://www.daniellepierce.com/5-reasons-why-being-a-strong-black-woman/#comments Mon, 02 Jul 2018 08:57:05 +0000 http://bridge174.qodeinteractive.com/?p=1 In the past year, I’ve had the idea that just maybe this whole idea of being a “strong Black woman” is actually more harmful than not.  I think this is especially true as it relates to business.  Here are 5 reasons why: 1. You think...

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In the past year, I’ve had the idea that just maybe this whole idea of being a “strong Black woman” is actually more harmful than not. 

I think this is especially true as it relates to business.  Here are 5 reasons why:

1. You think your success hinges on how strong you can be. (i.e. how much bullshit and pain you can tolerate).

2. You don’t ask for help – because you see asking for help as something only weak women do. So you pretend as if you’re this superwoman that’s holding it down in all categories: your man, your children, your day job, your side hustles, AND your businesses. If anyone asks how you’re doing, you are quick to hit em with the “I’m blessed and highly favored” conversation.

3. You don’t show vulnerability because again that is for weak women. Day after day you interact with people that can help you in multiple ways but because you pretend to have everything covered, no one thinks to offer you any type of assistance. 

4. You refuse to let go of control. You don’t delegate and you don’t even know how. You think that this makes you a boss but it really just shows that you’re scared for anyone else to see behind that facade you’re hanging on to for dear life.

5. You don’t invest in training and development for your business – not because you don’t have the money, however. You don’t invest because you don’t have the time to allocate to obtain new skills to help break some of your life long cycles.

 

Now, you might be telling yourself at this point that you “work better under pressure” and so none of this applies to you. 

 

But, honestly, how would you even know? After all, when was the last time you were NOT completely stressed out and managing a gazillion projects?

 

Signed –

A (Former) Strong Black Woman

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Why I Stopped Consulting For FREE – And So Should You! https://www.daniellepierce.com/why-i-stopped-consulting-for-free-and-so-should-you/ https://www.daniellepierce.com/why-i-stopped-consulting-for-free-and-so-should-you/#comments Mon, 30 Apr 2018 18:03:38 +0000 https://www.daniellepierce.com/?p=259 There are 4 things that will happen once you stop consulting andadvising for FREE. Step #1 – People will get mad. This is an undeniable fact and most business ownersknow this and generally go to great lengths to avoid it. We don’t wantpeople not to like...

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There are 4 things that will happen once you stop consulting and
advising for FREE.

Step #1 – 
People will get mad. This is an undeniable fact and most business owners
know this and generally go to great lengths to avoid it. We don’t want
people not to like us or think we are acting “bougee” so we go with the
flow even when we know better.

Step #2 – 
You will lose some followers. This is a direct response to point #1 above –
people get pissed and they will unsubscribe from your email list and/or
stop following you on social media. On the other hand, what I see more than
not is that people will continue to follow you, watch your videos and read
the content you put out – especially if it’s great content. BUT – they
still won’t “like” you and will talk bad about you. Let them. 🙂

Step #3 – 
You will find your true tribe and within that, you will identify your ideal
client. Your true tribe will be first in line to pay for your services so
you can resolve their pain points. Your true tribe understands that you
don’t consult for free. BUT most importantly – your true tribe VALUES your
expertise. And that, my friends, is priceless. 

Step #4 –
You will make wayyyy more money. Removing deadweight + finding true tribe
+ identifying ideal client = $$$$ But, it’s not until you go through the
pain of pissing a few folks off and dealing with the fact that people will
talk negatively around you that you can cross over to the money-making
side. 

What has been your experience? Agree or disagree?

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Help…I’m Great At Everything! How Do I Focus On One Thing? https://www.daniellepierce.com/help-im-great-at-everything-how-do-i-focus-on-one-thing/ https://www.daniellepierce.com/help-im-great-at-everything-how-do-i-focus-on-one-thing/#comments Wed, 21 Feb 2018 20:03:05 +0000 https://www.daniellepierce.com/?p=264 I hear lots of people ask this same question over and over again: “How do I decide what to focus on because I’m so good at sooo many things?” Keep reading to find out my answer below. #1) You’re probably not as great at so...

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I hear lots of people ask this same question over and over again:

“How do I decide what to focus on because I’m so good at sooo many things?”

Keep reading to find out my answer below.

#1) You’re probably not as great at so many things as you think, to be
honest. This was a harsh realization that I had to learn for myself the
hard way. Of course, we all like to believe that we are uniquely talented
across a wide variety of skill sets. In reality, the vast majority of
people are good at just a few things. Ask yourself this question: what do
you absolutely slay at doing that is completely effortless AND that you
love doing?

That’s where you should direct your energy because that is likely where
you’ll see the largest return on your investment.

For example, I was always really strong at math to the point where I
received a full 4-year scholarship to Clark Atlanta University on a math
scholarship. I declined the offer because while I’m good at it, I really
don’t even like doing it. It’s not my thing.

Looking back, it’s pretty funny that I made this decision for myself at the
very young age of 17 without consulting a single soul about it. I lost this
intuitive ability I had to make the very best decisions for myself for a
while, but I’ve reclaimed it over the past 3 years or so.

So, my only point is to spend your time doing what you love doing and
that’s completely effortless for you. I think every single person has at
least 1 thing that they do better than anyone else with minimal effort. And
don’t let people try to make you feel bad because you don’t want to do
something, even though you’re good at it.

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The #1 Way To Get Over The Fear of Tax Lien Investing https://www.daniellepierce.com/the-1-way-to-get-over-the-fear-of-tax-lien-investing/ https://www.daniellepierce.com/the-1-way-to-get-over-the-fear-of-tax-lien-investing/#comments Tue, 20 Feb 2018 21:15:27 +0000 https://www.daniellepierce.com/?p=279 So, the last day to register for the Lake County tax sale is Friday the23rd and it looks like for the 2nd year in a row, many people are“interested” and “want more information” but are too scared to actuallymake it happen.  I have said it...

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So, the last day to register for the Lake County tax sale is Friday the
23rd and it looks like for the 2nd year in a row, many people are
“interested” and “want more information” but are too scared to actually
make it happen. 

I have said it before and I’ll say it again – I’m not in the convincing
business. If you are looking for someone to convince you of why something
is a good idea, it’s probably something that you shouldn’t be doing anyway.
(Just my 2 cents anyway). 

Only one of a few things will happen by attending the auction:

1) You decide not to register, but you decided to attend and you meet some
other tax lien investors and keep in contact with them so you all can
collectively increase your knowledge
2) You register for the sale, but don’t bid on any properties. In this
case, you get back your registration fee on the last day of the sale.
3) You register and successfully bid on some properties and subsequently
pass everything off to your attorney to help you complete the process
4) You don’t do any of the above and you find yourself stuck in the exact
same situation next year – looking on the sidelines. 

This year, I’ll be buying properties at the auction but I’m also working
with a few individuals that want to invest in the auction but don’t have
time to do all the groundwork – so they’ve hired me to do it for them! It’s
a very different experience because now I get to really see what can happen
when you buy properties at higher price points. Of course, I’ll keep you
all posted on this process as well. 

In my opinion, the #1 way to get over the fear of buying at the auction is
to actually attend the auction. 

I hope to see you there. 

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Immigrants 4x More Likely To Become Millionaires? https://www.daniellepierce.com/immigrants-4x-more-likely-to-become-millionaires/ https://www.daniellepierce.com/immigrants-4x-more-likely-to-become-millionaires/#comments Mon, 19 Feb 2018 21:18:39 +0000 https://www.daniellepierce.com/?p=282 I was listening to a YouTube video this morning by Nido Qubein and in thevideo he talked about the fact that immigrants are FOUR TIMES MORE LIKELYto become millionaires vs natural born citizens.  4X more likely – isn’t that crazy? I know there seems to...

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I was listening to a YouTube video this morning by Nido Qubein and in the
video he talked about the fact that immigrants are FOUR TIMES MORE LIKELY
to become millionaires vs natural born citizens. 

4X more likely – isn’t that crazy?

I know there seems to be a prevailing myth (especially in the black
community) that immigrants receive all types of free assistance both
personally and in terms of starting a business.

But, honestly, the numbers just don’t show that.

There was another article I read recently that stated that the group LEAST
likely to be approved for business financing was Latina business owners.
Sometimes we forget that other people face tremendous hurdles and
challenges navigating life in the United States as well. 

But, back to the statistics on immigrants – what are your thoughts? Do you
believe it’s an accurate statement or yet another person presenting wrong
information as factual.

Personally, I tend to believe it’s true just based on my experiences as an
entrepreneur for the last 11 years. Ultimately, what drives your actions is
your belief system. 

And if you believe, (like a lot of Americans) that life is hard, life is
overwhelming, money is hard to come by and that it’s impossible to start a
successful business then you’ll act in ways that support your belief
system.

It’s the perfect self-fulfilling prophecy. 

It’s kinda like the people that reach out to me and they seem to almost
want me to convince them to start their property preservation business. 

Well — I’m not in the convincing business unfortunately and it’s really
not my place to do that. I don’t really have a desire to do that anyway. 

The people that I work with that are most successful are already convinced
– they just need a guide. 

Anyhoo – check out that video on Youtube if you have 3 spare minutes and
let me know your thoughts.

P.S. – For those of you coming to Chicago, I’ll be seeing you soon! 🙂

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The #1 Reason Why So Many Women Won’t Succeed https://www.daniellepierce.com/the-1-reason-why-so-many-women-wont-succeed/ https://www.daniellepierce.com/the-1-reason-why-so-many-women-wont-succeed/#comments Fri, 16 Feb 2018 21:21:51 +0000 https://www.daniellepierce.com/?p=285 I was in the middle of a consultation yesterday (which was goingwonderfully I should add) and the lady on the phone wanted to invite herhusband to the call. So, of course, I agreed because the more the merrier,right? Well, the husband gets on the phone...

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I was in the middle of a consultation yesterday (which was going
wonderfully I should add) and the lady on the phone wanted to invite her
husband to the call. So, of course, I agreed because the more the merrier,
right?

Well, the husband gets on the phone and I greet him and ask how he’s doing
and his response is: “what this is?”

Hmmmmm

So, I ignored that and stated my name again and asked how he was doing.

His response: silence

So, me being the super professional (with a touch of hood) individual that
I am lol, I continue on with the consultation as before.

But, now the ENTIRE environment is different! It’s full of doubt, mistrust,
fear and who knows what else.

After that call, I just sat for a minute and thought about what I had just
experienced. I wasn’t upset about missing out on a potential client and I
wasn’t even upset at the husband’s attitude on the call. You see, I have
experienced that a few times before.

I was really more frustrated with the sheer number of women I see that just
defer and ultimately give up on their dreams and goals because of lack of
support from their significant other.

Now, please don’t get me wrong – I’m NOT referring to a healthy back and
forth between a couple about their respective dreams, visions, and goals.

I’m referring to women that are in relationships and their significant
other NEVER support their vision. They shoot down every idea you have.
They criticize and ridicule and give you a long list of reasons as to why
something won’t work.

Meanwhile –

This person has NEVER gone after their dreams nor do they have any real
insight into why they are so against your dreams.

I’m not a marriage counselor, advisor, life coach or anything of the sort,
so I’m not advocating for anyone to end their relationship.

I do want you to know that your partner’s fears, insecurities, depression, and pessimism will ABSOLUTELY affect your life and your ability to be a
conqueror. The manner in which you decide to handle that is entirely up to you. 

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