Show Notes: https://retipster.com/124-tim/?utm_source=youtube&utm_medium=social&utm_campaign=podcast&utm_content=Vua0uYAMSdA Tim Krause is someone I've been paying attention to for the past year. I got to know him after he posted some vlog-style videos about his land investing business in our Facebook Group. Tim is a guy who seems to defy all odds with the growth he's seen in his land business. He has clearly found his competitive edge, and he will explain how he's done it in this fascinating conversation. 00:00 - Into 01:39 - Tim Krause’s story and how he got involved in the land business 07:29 - Tim tells us about his portfolio in the land business 09:18 - On what type of deals does Tim put his focus on? 10:00 - The advantages of going “big” in the land business – Higher price point, higher profit? 13:23 - Tim’s realization for achieving bigger success 15:12 - Should you consider private money to level up your business? 15:56 - How do you overcome those beginning fear-based limiting belief mindsets? 19:01 - Should you build a support team around you to expand your business? 20:53 - How should you compensate your employees? 22:42 - How do you determine if someone is the right fit for the job? 25:49 - The process of making the offer – Who does what? 27:14 - Pros and cons of properly outsourcing your business – The Gain vs The Sacrifice 34:29 - You don't need better goals, you need better systems! 36:22 - What CRM system does Tim use? 38:51 - Tim shares his strategy on finding outside investors for deal funding and what does that typical arrangement look like 45:15 - Why would a land deal fall through and is there a way to prevent that from happening 55:07 - Using an option agreement to close on a deal 56:08 - How Tim ended up with an oyster farm as a part of a bigger package deal 59:47 - What has been the hardest part of this business so far? 01:03:36 - Overcoming adversity in your business – Why being persistent is a key factor to success? 01:06:17 - How Tim sees the future of his business and where he plans to attack next 01:10:53 - What is your biggest fear? 01:13:24 - What is something that you are most proud of? 01:15:46 - What would you do if you just got $100 million wired to your bank account and you're not allowed to stay on your current career path? 01:22:48 - How to reach out to Tim? 01:23:19 - How to stay updated with everything new in the REtipster world? Join Our Community! REtipster Forum: https://retipster.com/forum REtipster Facebook Group: https://retipster.com/facebookgroup Follow Along! YouTube: https://retipster.com/youtube Facebook: https://retipster.com/facebook Instagram: https://retipster.com/instagram Twitter: https://retipster.com/twitter Pinterest: https://retipster.com/pinterest LinkedIn: https://retipster.com/linkedin TikTok: https://retipster.com/tiktok