This Is How To Scale Your Business - Ep 205
On this episode of the Real Estate Fight Club, Jennifer and Kyle Seyboth talk about “How To Scale Your Business?”. Learn about how Kyle went from doing seven deals in the first year to doing over 500 deals in a short amount of time!
Tune in and find out more about how you could scale up your business and reach financial goals!
Episode Highlights:
- How Kyle went from doing seven deals in the first year to doing over 500 deals in a short amount of time.
- Kyle became an expert in delegation
- Leveraging a team strategy to increase profitability and net profit as a team
- Money-generating activities, meeting with new sellers, getting buyer agents, and getting buyers signed up to work with investors
- Some agents argue that the customer service part of the transaction is what generates the money, while others argue that it is the transaction coordination
- The first thing to do in order to scale is to figure out what works in your area and in your location
- Financial freedom is the ultimate goal, do what you want when you want, with whom you want, and how long you want
- Advice for people wanting to grow their business, stop with a scarcity mindset and continue with a mindset of abundance
3 Key Points:
- Leveraging a team strategy to increase profitability and net profit as a team. It is your ability as an agent to leverage things that don't generate income and allow yourself to focus on those income-producing activities.
- The first thing to do in order to scale is to figure out what works in your area and in your location. Also, understand what worked for you in the past. Look at where all your business from the past came from.
- Stop with a scarcity mindset and continue with a mindset of abundance. Strive for greatness and success.
Tweetable Quotes:
- “Make the best out of a situation that you know some folks are going to die on the vine other folks are going to get through it” - Kyle Seyboth
- “I became an expert in return on investment and my ability to invest in the business and grow the business by having gasoline on fires that were already producing good results.” - Kyle Seyboth
- “ And yes, maybe I'll do every single task better than my staff. But at the end of the day, if that's not a good use of my time, why would I spend time doing it.” - Kyle Seyboth
Resources Mentioned:
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