Create long term wealth with investment property.
Jason Hartman is the Founder and CEO of JasonHartman.com.
Jason Hartman® has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.
Learn more about how Jason Hartman can help you create long term wealth by listening to this episode of The Thoughtful Entrepreneur above and don’t forget to subscribe on Apple Podcasts – Stitcher – Spotify –Google Play –Castbox – TuneIn – RSS.
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Welcome to The Thoughtful Entrepreneur Show. I'm Josh Elledge, Founder and CEO of UpMyInfluence.com. We turn entrepreneurs into media celebrities, grow their authority, and help them build partnerships with top influencers. We believe that every person has a unique message that can positively impact the world. stick around to the end of the show, where I'll reveal how you can be our next guest on one of the fastest growing daily inspiration podcasts on the planet in 15 to 20 minutes. Let's go.
And with us right now, we've got Jason Hartman. Jason, you're the Founder and CEO of JasonHartman.com. Good, good, good personal branding, and of course Hartman Media as well. Thank you so much for joining us. My pleasure, Josh. Good to be here. So Jason, your background and you've done a lot of work in real estate and you've become a very well known podcast or in this space as well. Can you kind of talk about your story and kind of how you got into that position. Sure, well, you know, I'm in the world that you're in, you help a lot of clients do some of the things that I've done the hard way and wasted a lot of money on over the years. So it's nice to see services like you have cropping up to help people and fill in the void here. I was always when I was back in the world of traditional real estate many years ago, people were always amazed at how I did such a good job of branding myself before anyone ever used that term. You know, this was before the era of social media really before the internet. And so I did publish a book on that back in 1999, called become the brand of choice. So that was 20 years ago now. And then I sold my real estate company to Coldwell Banker back in 2005. I got into the business of helping investors buy properties nationwide. About a year into that business, give or take Josh maybe year and a half or two years, even discovered the world of podcasting. I heard Leo Laporte, the tech guy on the radio when I was driving through Newport Beach one day in Newport Beach, California. And I was intrigued by the idea of podcasting. So I checked it out. I hired a consultant to help me get started. And I started my podcast back in the days when no one knew what a podcast was, and had a very good ride with that. And Fast Forward many years. I've got a whole podcasting company now. And we've published over 5000 interviews, had many, many famous guests on my shows, and have listeners and 199 countries worldwide. So almost every country on earth is listening. So like I you know, for a while it was 165 countries, and then I checked again, and it's up to 189 countries. So, who's fortunately, we don't have any audience in North Korea, or Cuba. So how to add them. Yeah, yeah, they were they've eased up the borders now. So hopefully that's going to happen for you in 2020. You never know. Maybe Kim Jong moon will start listening to my show. So,
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so why content today? Why do you think content just absolute rules given where consumers given where business owners are? Yeah, I you know, I think we have no choice. It's a crowded marketplace. In every industry, it is very crowded. Everybody's out there. There's a lot of people there's a number of industries haven't expanded that much. And being able to differentiate oneself for their, their narrow niche, their long tail, if you will, in specifically what they do, and also differentiate themselves from their competition very important. People want content content builds brands, brands are a form of shorthand that help people make up their mind. In the old days, you know, just a maybe an example would help. If someone had an ailment, they would walk into the pharmacy. In the old days, they would ask the pharmacist for a recommendation, right? And they would maybe buy that medicine to help them feel better. But nowadays, most consumers make up their mind before they need the product or service. Okay? And that's why branding is so important. Because having a brand whether it be a product brand, or a personal brand, is a form of shorthand, it helps the consumer decide quickly and in advance. You know, we all know that the next time we have a headache, we can, you know, reach for a Bayer aspirin right or we know the brands out there. We already know them. We don't we don't need a recommendation anymore. Because advertisers and marketers have figured out that they need to plant that seed beforehand. I interviewed Harvey Mackay on one of my podcasts once and he's the guy who wrote all those books with the funny titles, you know, how to swim with the sharks without being eaten alive. Beware of the naked man who offers you the shirt off his back. And one of his my favorite book titles, is dig your Well, before you're thirsty, dig your well before you're thirsty. So that's what big companies have done. Right? They do this, but we as small entrepreneurs need to do this too. And when I started in the world of podcasting, I would just give, give, give, I would just give away free content, I would share my knowledge freely. And I just have the feeling that it would invoke that old biblical law of, of tenfold returns, right? Or if you just give, give, give, it'll come back to you. And, you know, if you if you don't want to use the biblical law, it's the law of cause and effect right? Whatever it is. And so just putting good things out there good knowledge, good information out there to consumers, being a consumer advocate, and really positioning myself as an advocate for the consumer. In my case, the consumer is a real estate investor, or an investor of any kind, and just helping them make decisions. Many of them became clients of my real estate firm. And, you know, it's been a great ride ever since. So of all the different ways that a new business owner could really focus on content. I mean, I think your you know, your biggest options are going to be, you know, look, I'm just going to do an all out social media play, I'm not going to worry about anything else. And I'm just going to be a big shot on LinkedIn, or Facebook or Twitter or wherever it may be. It could be one option. You could also choose a plot like a video platform like YouTube, which and again, I would hope that we're everything we're talking about right now. You would, you would repurpose what you're doing and you would try to be, you know, maybe in a couple of different places by doing one thing, and then reusing what you've already invested in talking about that, right? By the way, that's a great point, you know, if you can, if you can create the content once and repurpose it in many different ways, that is very efficient and a very good idea. Yeah,
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it's a, you know, you and I were talking before this call, we were talking about, you know, just how much as as, as the founder of an organization, as a CEO, as the leader of an organization, you're dispensing a lot of people call it thought leadership. I know some people are uncomfortable with that term. But you know, you're teaching a lot of valuable stuff throughout the day. So you're, let's say, you're having a conversation with a partner, you're doing an interview with someone or you're being interviewed. Why not take that content or find a way to capture that in some way. And you know, in in, repurpose that for an audience. And she was like, Oh my gosh, I would love to be a fly on the wall. Well, Jason Hartman is dispensing some, you know, wisdom about some of his most difficult real estate transactions, right. So we shouldn't be siloing are all the work that we're doing? Yeah, yeah, absolutely no question about it. And the best, the best way to do that is to use video, because video can be repurposed so many ways. First off, you create the video, you stick it on YouTube and the other video platforms, yeah. Then you can take and rip the audio track from it, use it as a podcast. Yeah. And then you can have that transcribed and it's a blog post, essentially, right or it's an E book. There are many different ways to do that. And there are a lot of automated services that make it pretty easy to do nowadays that kind of automate those processes, SAS software products, etc. that help you do that. It but then you can cut the content up into small slices. And and do it that way. I think you were the one actually that told me about the headline around the four. Yeah. So So wait for a headline, you know, and I'll tell you and I was kind of out on podcasting here. So we've been doing a lot of testing on what can we possibly share unsocial that will actually benefit our end user the best get the most engagement, get them off of there, get them listening to the other content. And I have found consistently that video, like doing you're doing your interviews on zoom, capturing that video sharing 30 to 62nd video snips of the conversation your performs headliner, like if it's just like the little waveform and the cover art. Yeah, I don't think those really do very well. Like I don't see social media as a very audio centric. I agree with you it audio does not work well for social media. However, Do like the audio medium the best personally as Yes. Yes, yeah. Because it's portable, you know I can I can listen while I'm walking the dog at the grocery store in the car, whatever working out doesn't matter. And so so that's great video, there are people that just kill it with video. And for social media, you do need to have video it's much better than no short clips are very powerful. I completely agree. So, Jason, I was gonna say, you know, there's also I guess, your printed content, which again, if repurposing so if you are at the here's my advice, I'd love your take on this. So if you're at the point with your content, where you could pretty much turn on a camera, and you can probably freewheel it for about 510 minutes and teach, teach, teach teach, right? Well, that's a blog post right there, you know, have somebody transcribe it and kind of clean it up a little bit. And I mean, that would be another way, right? Because I, you know, I know Google really loves that written content. They're starting to get smarter about indexing audio and hey, that's gonna be great for me. I've been waiting for a long time. Yeah. So talk about the business of Hartman media then. So, obviously, you know, you have a farming approach to growing your business where you're just planting seeds, people are really getting to build a relationship with you. And then what happens, ultimately, you would hope then that a percentage of those people would do what with you?
11:30
Well, when when you become that thought leader, that trusted source, then people will come to you, they will seek you out. They want that, that brand, that person that they know, like and trust. And, and and they view as an expert. And, and remember, there's you know, there's two kinds of trust, right, there's, there's do I trust you are you not a crook, right? But there's also competence trust. You know, one attorney that I work I mean, you know, I press the guy, I just don't think he's very calm. Okay. And so you know, he, which is that Peter Principle pretty quickly a level of incompetence is that famous book and concept called the Peter Principle. Yeah. So so it's two types of trust that you need to engender in our audience. Right? And, and they will seek you out, they will come to you. And the thing is, in the old days, when content wasn't scalable like it is today, you couldn't play the game the way we do it now, because you would have to go or the only way you could do is really, as a, like a radio or TV talk show host or a speaker. And if you had access to the stages, you could influence people. But for normal people, you couldn't do that because there weren't that many media outlets for radio and TV right? There were much fewer and now now there's tons of them, right? Because everybody These are their own media station nowadays, right? And, and you know, there weren't that many stages either, right? There's still a pretty limited number of stages. So you would have to basically that would boil down to a sales presentation. That's usually one on one. Okay? And content marketing wasn't efficient for in the old days, but now it's become efficient. And that's why it's worth doing now. It's worth giving, giving, giving, and you'll give a lot. And you know, it First you'll just feel like you're just giving, giving, and nothing's coming back. But you got to stick with it long enough for it to work, you know, satisfying Josh, is to see people just give up too early. Agreed. And so Jason, how do you make your money then? What's your boss? Well, in in the real estate, business, basically clients, you know, we essentially are referral network, kind of a blend of a referral network and a brokerage firm, and people come and buy properties through our network and we get Paid referral fees on those deals. And, you know, it's great, we help clients build portfolios of single family homes, in different markets that we that we check out and recommend to them, and we provide them with properties they can actually buy. So it's not that typical kind of BS guru model, where you're just selling information products, which isn't always Bs, but I'm saying that in our business, we're connected more to the outcome, because we actually have to provide properties that meet the criteria we're preaching about. So that's, that's hard. You know, that's, that's a whole nother layer of complexity. But we do that and because I have a background in the traditional side of real estate for so long before this, I understand that pretty well. You know, think about the evolution of where consumers have been leading businesses to and we're all consumers By the way, so if you sell b2b be Did you write or whatever we're all consumers? But think about this where I think in the olden days as a business owner, you really needed to be your company's best salesperson. And it was always be closing, you know, to always be selling at sales be closing. Closing first prize Cadillac Eldorado or that movie about the sleazy guys in the boiler room Glengarry Glen Ross. Oh, yeah. Yeah. So, I mean, that's sales out, you know, but it's interesting. I don't. You're a successful business owner. I don't really see you as a high pressure salesperson. I see you as more of an evangelist. Yeah, definitely. Oh, wonderful. Is it that when you wake up in the morning, you think about what am I going to do today? I get to give more value to people I get to help people's problems. And if they like me, and they like the products and services we've set Well, then they can give me money. But I don't even have to worry about that. Because I've planted so many seeds. There's just this natural, you know, marketing process that just happens where you don't have to work on more and more like magnetic copy and I, you know, I know that there's this side of, you know, the marketing world that's, you know, just you know, your one hand way side, right, say that again.
16:26
Yeah, good. Like the Dan Kennedy side, right? Yeah, sure. And that stuff, you know, that stuff, I believe it definitely works. It's just not my style. And, you know, I think that the days of selling are somewhat gone. The days of marketing, and specifically content marketing, like the stuff both you and I are teaching here are definitely with us to stay that's like the next evolution of it. Because if you think about it, the concept of selling You know, when I remember when I was, you know, 19 years old and I went to a tom Hopkins seminar, and you know nothing bad about Tom Hopkins, he was great in his day. It's just a different era. That's all. And you know, a lot of the the selling concept is manipulative in it involves a consumer that doesn't have as much information as the salesperson does. And so the salesperson was in a position where they would manipulate that consumer who was at a disadvantage, because they didn't have as much information. Nowadays, though, the consumer is empowered with information. And so instead of fighting that trend, like occasionally I know, everybody listening in their life runs in to one of these old fashioned sales people, right? Maybe they're trying to sell you a car, or water filter or whatever else, right? And, you know, they're, they're kind of like, manipulative and and they're spouting out a bunch of information, and they sort of act like we can't cross check what they're saying, you know, we can just go and type in and do a search. Yeah. And, and, and verify that. Now granted, everything you read online is certainly not true either. Okay. But you know, if you read it in the enough places, and you use your common sense, you can get some ideas to what's true and what's not true. And, you know, make sure you trust the source, you know, make sure when you're reading something, it's not just a competitor bashing them, right? Because, you know, like Yelp, if you look at Yelp reviews, you know, all the negative ones are basically written by people's competitors. All the super positive ones are written by themselves. What's in the middle is probably what's right. So you need to use common sense, obviously, right? But I always look for the two three and four star reviews first. Yeah. These people are probably a little bit more objective. Like Yeah,
18:54
they may have
18:56
done something but you know, they're still not gonna in the end, they didn't Do it necessarily in the heat of anger. Right? You know, if you had a bad experience at a restaurant, you're bad. You might write that one star review, right. But the point being that, you know, we shouldn't fight the trend, we should empower the consumer with more information, right? That's why I love content marketing. Because when the consumer is more empowered, it actually makes our job easier. Yeah. Okay. My investment counselors in my real estate company, you know, they need to be knowledgeable, but they don't need to be more knowledgeable than the consumer, right? The consumer can actually have the greater amount of knowledge. And what you find is that consumers much easier to work with if they're empowered and knowledgeable. Oh, yeah. Whereas the old style of sales is the opposite of that. So that's why I really think content marketing is a great, great thing. So Jason, I'm on your website right now. Jason. hartman.com and it's h AR t ma n.com. And I clicked on about, and then I see that either you spend a lot of time at Madame to SOS, or you actually have metal or wax museum, right? Yeah, right. That's an easy way to knock these out. So I see Jerry Seinfeld, Richard Branson, Tony Robbins, Steve Forbes, Zig Ziglar britany. Steve Aoki. I mean, you got Ringo Starr, you actually have a photo of you and a beetle. Yeah, I'll tell you how I got, you know, yeah, I got all those photos differently. Okay. Oh, none of them or wax. They're all the real people. But, basically, you know, like Richard Branson. I met through a mastermind group I'm involved in with a bunch of friends. I went to Necker Island, his private island a couple of times, too. And I did that over the course of a couple years. I went there twice. And, you know, Jerry Seinfeld. I basically bought a meeting with Jerry Seinfeld at a charity auction, you know, I'll donate to charity, and you get to hang out with a celebrity. And so, you know, that's just kind of cool. But, you know, I figured, you know, I was kind of, I guess, unconsciously almost sort of collecting celebrity photos. And I thought, you know, why? Why am I not using this and putting it on my website? Right? So I put those pictures up there. And, and you know, it's great. And so, you meet all these people very different ways, right? Yeah, but, but those are some of the ways you can do it. So so you either get, you know, instant authority from people who really appreciate there are at the very least, someone's gonna say, Well, I bet he has some really interesting stories of meeting these folks. Yeah, I don't know that having a picture with Britney Spears gives me any sort of credibility. Maybe it might lessen my credibility, actually. But hey, She's famous. You know, I'm not even into her music, but I got I got a photo op with Arizona. Oh, yeah. Yeah. Jason, what's what's a great front door for people to kind of begin to engage? I would imagine your podcast would be great. What are some other things that people could kind of get to know Jason? Right, right. Well, you know, I've got a whole bunch of podcasts. So my, my first one that I started many years ago was the creating wealth show to to teach investors how to invest properly. And you know, I had a lot of experience investing before that. And so I'll just share my experience, the good, the bad, and the ugly, and, you know, but overall, the upward trend is very positive with it. And, and so I've got a podcast on a whole variety of subjects, and people can find those all at HartmanMedia.com, or just type my name Jason Hartman into any podcast platform. You'll see my longevity and biohacking show, my real estate, financial shows, entrepreneurs entrepreneurship shows and it's just a whole whole bunch of that. I love that. interviewing people and learning from them. And so I might as well record that interview and share it with the world. And so, you know, it just increases the knowledge base with all of us. So, yeah. Excellent. Well, Jason, thank you so much again, the creating wealth show, certainly kind of a good hub to everything that Jason is doing. Is it JasonHartman.com. Jason, thank you so much for joining us today. Hey, Josh, thank you happy investing to you and your audience.
23:28
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