Are you an Agent or a Business?
Adam breaks down the 4 key components of running a business that many real estate agents neglect to execute. But if you commit to prioritizing these things, you will become more effective and efficient than ever before.
The topic of this episode of the Start with a Win podcast is running a business as opposed to just being a real estate agent. The two might seem unrelated, but Adam explains why the most effective real estate agents actually focus their energy on running their operations like a business.
There are 4 key components of running a business:
- Constantly building a customer base – Whether by networking or marketing, it is imperative that you always have new leads and prospects in your pipeline.
- Creating value – Make clients want to do business with you. Use your knowledge and experience to truly get to know what makes your clients tick, then use what you learn to help them overcome challenges they are facing. By serving them in this way, you create top-of-mind awareness that will make clients keep coming back.
- Repeatable systems and processes – There is an initial time investment involved in setting up these systems, but once you are up and running, you will be able to consistently execute and find success.
- Scaling – Now you are ready to work on your specialty and organize, outsource, expand, and increase your margins. The more time and effort you put into building your business, the more value you will create and the more success you will achieve.
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