Mitch Durfee is a Combat Army Veteran, Credit Repair Expert, 3 times Bestselling Author and a multifamily Real Estate Investor. He has consulted many businesses on their path to reach 7 figures in their annual sales and through his partnership in over a dozen companies, he has purchased and sold over 1180 units throughout Texas, Ohio, Pennsylvania, Connecticut, North Carolina, Vermont, Florida, Colorado, and Illinois. Therefore, as a result of his successful journey, here are 3 tips by Mitch Durfee that will help you build a successful business.
1. Learn from failure
Mitch believes that there are times when many things don’t turn out the way you expect them to be. Some ideas might not be a massive success, and some might not work out at all, but the most important approach in either of the two situations is to learn. Instead of obsessing over a loss or failure, you should always gather on the lessons you learned and apply them to a new idea because you never know what might contribute to your next success at the end of the day. Even though moving on is a very hard decision, it is necessary to understand when to let go as not everything will reach your level of expectations.
2. Set crystal clear goals and have the right values
According to Mitch, one of the most important approaches that will help you build a successful business is by setting a clear set of goals and have the right values. When Mitch founded The Credit Repair Blueprint, his aim was to help all those struggling to fix their credit. As a result, he based his businesses on sincerely helping his clients out in growing their business and purchasing their first home by educating them. Mitch believed that this knowledge and tool will ultimately be available with his clients forever and they can easily maintain their credit scores. Therefore, he advises all the entrepreneurs out there to always be of service to their clients and never try to take advantage of their vulnerability.
3. Build a supportive network
Mitch supports the saying that “your network is your net worth”. Therefore, he holds the opinion that while we work towards our goals, we should surround ourselves with positive energy. Meaning that you should try spending time with people who are doing the things you are inspired to do or be like. As a result, he believes that this is the core foundation of our growth.