So You Went to REI Bootcamp 16…Now What?
REI Bootcamp 16 has come and gone, and this was by far the best Bootcamp to date!
If you attended REI Bootcamp 16 then you know all 3 days were jam packed with incredible content provided by some of the top investors across the country.
Don’t just take our word for it.
Check out what some attendees had to say about Bootcamp…
The sessions, the parties, the networking and connections made, always make Bootcamp an exciting and inspiring time.
Through the presentations, speakers share ideas and strategies they use in their business, and you probably ended each day motivated with ideas you formulated for your own business.
At the end of the third day you are ready to go back to the office and implement everything you learned from the weekend.
You will leave Bootcamp with a set of fresh eyes, enthusiasm, and fired up ready to take your business to the next level.
Which is great, but how do you implement everything you learned, and keep the momentum going?
All the information you digested may seem overwhelming now, and the demands of your usual routine are calling your name.
The best thing you can do is create a game plan to put the knowledge you gained into action in a way that doesn’t seem impossible to accomplish.
Follow the steps below to ensure all that knowledge doesn’t go to waste.
1. Organize Your Notes
If you took notes at REI Bootcamp 16 (who are we kidding, of course you did), sit down and compile them together. After putting them all together, go back and review everything you wrote down.
What did you write down from Matt Theriault’s presentation that made you excited? What golden nugget did you get from George Antone’s presentation about structuring real estate deals like the top 1% of investors?
Having all your notes in one place will help you remember the most important things you learned, and will give you an easy reference to go back and review the notes whenever needed.
2. Reach Out To The Contacts You Made
New ideas and strategies aren’t the only thing new thing that you will get out of Bootcamp.
The new connections you make can also help take your business to the next level.
Go through the list of contacts you made, and reach out to each contact to start building a relationship with them.
You can send them a short email with a reminder of who you are, how you met, and maybe bring up something you talked about during Bootcamp.
You’ll want to do this as soon as possible after Bootcamp. If you wait too long you risk forgetting who the person is, or the person forgetting who you are.
Once the relationship has been established add each contact to the CRM inside your REI BlackBook account, and tag them accordingly so you know how each contact relates to you and your business.
3. Pick One Thing To Implement
You have all these ideas you want to implement in your business, and are ready to implement each and every one as soon as possible.
Which is awesome because the only way your ideas will become a reality is by taking action.
But if you try to start every idea you have at the same time you can easily become overwhelmed, and frustrated.
This can lead to you not completing any of the ideas you started because you aren’t sure what to do next, so this is why we suggest you only work on one thing at a time.
After going through your notes, make a list of all the ideas you plan on implementing. Then rank each idea by priority, and start working on the most important first.
Easier said than done, right?
You’re probably thinking, how are you going to pick just one thing, let alone decide how important each idea is, when they’re all important.
When you’re trying to rank your ideas think about which would be the most practical or beneficial right now, the time frame needed to complete each idea, and the resources you have/can devote to completing each idea.
Once you have them ranked, and you know which idea is the most important one you can get started implementing that idea.
4. Create A Plan Of Action
Now that you know which idea you’re going to start implementing first it’s time to start planning the next steps you will take to get this idea off the ground.
Take some time to list out the next 3-5 steps you will need to take to put this idea into action.
The steps you write down need to be actionable, and specific to your business.
This may take some thought, so don’t worry if it takes longer than you expected.
The steps need to be well thought out, so you know what needs to be done to stay on track.
Once you have the steps written down you can move on to actually implementing the idea.
5. Implement Your Plan
The steps are planned out, so it’s time to take action.
Breaking the plan down into steps makes it more attainable because you’ll have a guide to keep you moving forward with the idea.
It will take time, energy, and focus to make sure you complete each step along the way.
Create tasks inside your REI BlackBook account to remind yourself of what needs to be done, and when it needs to be completed by. You can create a task for each actionable step you wrote down, and if you have a team you can assign the tasks to the team member responsible for completing them.
As you progress through the process of implementing the idea, set aside some time each week to make sure your plan is still on track.
It can be difficult sometimes to implement a long-term strategy when the short-term work days can feel more pressing, so setting aside the time to check back in allows you to see the progress you’ve made, and what you have left to do.
P.S. If you need some additional accountability let our awesome community, REI BlackBook Connect, know what you’re working on each week. We have a weekly post called #OneWeekOneThing where you tell us what you’re working on, and we follow up at the end of the week to make sure you completed it.
Simply jotting down some ideas from Bootcamp won’t change your business.
Actually implementing those ideas will.
Use the 5 steps above to help you organize your thoughts from REI Bootcamp 16, and turn your thoughts into actions.
The actions you take will move the needle for your business, and you’ll set up yourself for 2020 to be the best year yet for your business.
And if you didn’t attend REI Bootcamp 16, and are having serious FOMO (Fear of missing out) after reading this post, grab a ticket to REI Bootcamp 17, and don’t be left out while everyone else is experiencing the magic of Bootcamp.
What You Should Do Now:
- Get started with REI Blackbook for FREE: Get 14 days FREE access to our software and start converting more leads into deals.
- If you'd like to learn the exact strategies our power users are implementing to generate motivated seller leads consistently, check out our Motivated Seller Guide.
- If you'd like to learn how our team can build out your REI Blackbook system FOR you, head to our implementation page.
- If you know another real estate investor who'd enjoy reading this page, share it with them via email, Linkedin, Twitter or Facebook.
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