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    Seeking Guidance on Transitioning from Real Estate to Scalable Ventures

    QUESTION 
    Hi Mj, thanks for your feedback! The team model can be high-maintenance/ low profit, and unfortunately, 71% of Realtors sold zero homes in 2024. On the other hand, the average agent on our team sold over $2 million worth of property. To retain agents and minimize turnover, it's important to...
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    Seeking Guidance on Transitioning from Real Estate to Scalable Ventures

    QUESTION 
    Great question, unfortunately this industry is ego driven and the majority of producing agents who are or become team leaders usually have too much ego to pay for a course or want to learn from someone selling 1000 homes a year and that is not me. Our team does good production but it is...
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    Seeking Guidance on Transitioning from Real Estate to Scalable Ventures

    QUESTION 
    I’m looking for some guidance as I’m in the process of shifting away from my 10 years of experience as a realtor and real estate team leader into a more scalable and productized business model. I’m trying to figure out the best way to balance immediate income with long-term thinking. Below are...
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    Not all businesses are created equal.

    ASK THE AI 
    What one is best?
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    Not all businesses are created equal.

    ASK THE AI 
    Hey Fastlaners, I've been in the real estate game for nine years, but about three years ago, I hit a realization. Despite my hard work, the traditional real estate sales office model just wasn't going to cut it in terms of scalability and long-term wealth building. It's a grind, constantly...
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    A Tale Of Two Entrepreneurs ( 500K Per Month ) Hard Work Alone Is Not Enough.

    IDEA QUESTION 
    Hey Fastlaners, I've been in the real estate game for nine years, but about three years ago, I hit a realization. Despite my hard work, the traditional real estate sales office model just wasn't going to cut it in terms of scalability and long-term wealth building. It's a grind, constantly...
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    Info products are Fastlane... ( But are they dead? )

    QUESTION 
    I have spent the last 9 years building a Real Estate sales business. In that time I have managed to find some success and open a team office with 9 agents. Now I am starting to see problems with the model to scale to where I want to be in life. At the end of the day I built a human resource...
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    Seeking Honest Feedback: Transitioning from Real Estate to a New Business

    ASK THE AI 
    What one do you think is best?
  9. B

    Seeking Honest Feedback: Transitioning from Real Estate to a New Business

    ASK THE AI 
    Hello everyone, I'm reaching out for some honest feedback and advice regarding a significant career transition I'm considering. For the past 9 years, I've poured my heart and soul into building a successful real estate team. While it's brought some financial success, it's also been rife with...
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    Seeking Honest Feedback: Transitioning from Real Estate to a New Business

    INTRO 
    Hello everyone, I'm reaching out for some honest feedback and advice regarding a significant career transition I'm considering. For the past 9 years, I've poured my heart and soul into building a successful real estate team. While it's brought some financial success, it's also been rife with...
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    Did My e-com startup break CENTS? ( Facebook Ads Ban)

    MARKETING 
    I have started a successful online store on Etsy and we have over 1,600 sales. The store sells digital notion template downloads. We are looking to scale off of Etsy and on to shopify for more control. I understand the platform risk of running 100% on Etsy. I also feel we can control traffic...
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    The CENTS Business Commandments for Entrepreneurs

    GOLD! HOT! 
    Thank you for this breakdown. What would you do if you were in my shoes? Should I look for a better boat?
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    The CENTS Business Commandments for Entrepreneurs

    GOLD! HOT! 
    @MJ DeMarco - Where does being a Realtor land in all this? After reading all CENTS I’m starting to feel I’m investing time into the wrong thing ( plus I hate it). I believe there’s a charlie munger or Warren buffet quote that says no matter how hard you row if you are in the wrong boat it won’t...
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    What makes a good business ( Business ideas)

    IDEA 
    What makes a good business vs a bad business? Some of us waste years if not decades building the wrong business. Things I wish I knew before I blew years building the wrong business- * Focus on starting businesses that have repeat customers. Don’t build a business that starts from zero each...
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    Online Education Business vs Social Media Marketing Agency

    IDEA 
    Hey All, My Current 6 Figure Business- I have been in the Real Estate business 8 years and I have found some success ( 6 figures, Not 7 Figures). However, I have grown to really dislike the hamster wheel of chasing the next deal. When I started I was a beast and super hungry for success, but...
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    Membership Website Buildout

    MARKETING 
    Hey All, I have spent the last couple of years building out an audience of people and now I am working on my first product to launch which is a membership website or course. I already have Kajabi for the premium course however I do want to build a community that has a forum element and basic...
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    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    You can do both but as some of the post say I believe my hands will be in too many buckets. I also worry that some of my team will leave if they see their team leader move into mortgages. Are you doing residential, land (development), or commercial? Residential. What is your average sales...
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    Advice on scaling a service business, thoughts on eCom,SaaS?

    SCALING SAAS / APPS QUESTION 
    Great question. I am in a similar predicament with a real estate agency. I have built it to over 6 figures however scalability is hard. Building a human resource system is the hardest one to scale up to big income. However it is the best to get cashflow as the competition is usually highly...
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    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    Yes the podcast and YouTube is doing well. It is actually incredible to see the difference in business models. When I sleep the channel continues to make money. I wake up with money in my account. Comparably the real estate business is a true grind. It is cutthroat, high overhead, and very very...
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    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    I found mild success and yet still feel I have failed. Over the last 8 years I have spent my time establishing myself as a successful Realtor. 3 years into this journey I came to the conclusion that if I did not start to hire agents I would be stuck self employed forever. Only as good as my...

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