Summary
In this episode, Eric Lowry shares his journey in real estate, discussing the challenges and successes he has faced over 26 years.
He emphasizes the importance of helping others, the mindset of an entrepreneur, and the necessity of having systems and processes in place to ensure long-term success.
The conversation also touches on lessons learned from the 2008 financial crisis, the current market dynamics, and the value of networking and building relationships.
Eric reflects on his greatest successes and failures, providing insights for both new and experienced agents.
Takeaways
Real estate is about helping people and making a difference.
The entrepreneurial mindset is crucial for success.
You must roll up your sleeves and work hard, especially in tough markets.
Building a team requires knowledge and preparation.
Success is not just about awards but about personal growth.
The 2008 financial crisis taught valuable lessons about resilience.
Current market challenges require more effort and strategy.
Systems and processes are essential for sustainable growth.
Networking with successful individuals can accelerate your learning.
Time is more valuable than money; prioritize it wisely.
Sound Bites
"What got you here won't get you there."
"You can't get time back."
"No one succeeds alone."
Chapters
00:00 Introduction and Technical Difficulties
03:45 Eric Lowry's Journey to Real Estate
08:33 The Market Does Not Determine Success
16:00 The Rewards of Helping People
18:16 Surviving and Succeeding in the Financial Crisis
24:31 The Value of Comfortable Quality T-Shirts and Peaks and Valleys in Business
26:49 This Year's Market and the Changing Seasons
29:39 Being a Leader and Learning from Failures
31:46 The Importance of Being in the Right Room with the Right People
37:18 Building a Successful Business with Systems and Processes
44:11 The Impact of Systems and Processes on Personal and Family Life
46:56 The Significance of Time Management and Prioritizing Relationships
50:43 The Power of Leverage in Business
52:26 R.E.A.L. Podcast outro.mp3
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