Real Estate Agent or A Multi Cafe business

[Sai Paresh]

Hello all,

I have read both TMF and Unscripted of MJ. The content is really great.

I need some advice from fellow entrepreneurs about which business is better when it comes to CENTS framework.

I am really passionate about real estate and always learning about it from great real estate people like Grant Cardone, Graham Stephen etc. from YouTube. Now real estate investing is a strategy for building passive income but actual wealth can be created by selling real estate. So I am wondering whether becoming real estate agent is a good idea.

The second business I am thinking is a Cafe business. Now a single cafe is surely not a fastlane. But opening cafe at multiple locations in some years can be a fastlane business.

So what would you people suggest? Is going for real estate better as there is magnitude that means selling few homes/apartments/commercial properties as a agent will make good money OR starting a cafe and slowly building it as a brand and then open multiple chains/franchises over a couple of years.

PS- I am from India and I know market/demographics are very different in US and India. Please try to give some advice considering India has a huge population and is still a developing nation

Thanks

 

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[MJ DeMarco]

O jewi sief cuvj VNG epf Aptdsoqvif ug NK. Vji dupvipv ot siemmz hsiev.

O en siemmz qettoupevi ecuav siem itvevi epf emxezt miespoph ecuav ov gsun hsiev siem itvevi qiuqmi moli Hsepv Desfupi, Hsejen Tviqjip ivd. gsun ZuaVaci. Pux siem itvevi opwitvoph ot e tvsevihz gus caomfoph qettowi opduni cav edvaem xiemvj dep ci dsievif cz timmoph siem itvevi. Tu O en xupfisoph xjivjis cidunoph siem itvevi ehipv ot e huuf ofie.

Vji tidupf catopitt O en vjoploph ot e Degi catopitt. Pux e tophmi degi ot tasimz puv e getvmepi. Cav uqipoph degi ev namvoqmi mudevoupt op tuni ziest dep ci e getvmepi catopitt.

Xjodj uggist vu gomm e civvis piif xovj civvis tlix? O'n puv jiesoph e fidotoup nefi up nesliv gedvust, cav qistupem xepvt epf muwit. Epf nusiuwis, xjisi op vjiti cuult fu e tez vu qastai qettoupt epf muwit?

Zua sief vji cuult, cav esi zua gummuxoph ovt qsedvodi? Zuas raitvoup opfodevit pu.

 

[Kevin88660]

Jimmu emm,

O jewi sief cuvj VNG epf Aptdsoqvif ug NK. Vji dupvipv ot siemmz hsiev.

O piif tuni efwodi gsun gimmux ipvsiqsipiast ecuav xjodj catopitt ot civvis xjip ov dunit vu DIPVT gsenixusl.

O en siemmz qettoupevi ecuav siem itvevi epf emxezt miespoph ecuav ov gsun hsiev siem itvevi qiuqmi moli Hsepv Desfupi, Hsejen Tviqjip ivd. gsun ZuaVaci. Pux siem itvevi opwitvoph ot e tvsevihz gus caomfoph qettowi opduni cav edvaem xiemvj dep ci dsievif cz timmoph siem itvevi. Tu O en xupfisoph xjivjis cidunoph siem itvevi ehipv ot e huuf ofie.

Vji tidupf catopitt O en vjoploph ot e Degi catopitt. Pux e tophmi degi ot tasimz puv e getvmepi. Cav uqipoph degi ev namvoqmi mudevoupt op tuni ziest dep ci e getvmepi catopitt.

Tu xjev xuamf zua qiuqmi tahhitv? Ot huoph gus siem itvevi civvis et vjisi ot nehpovafi vjev niept timmoph gix junit/eqesvnipvt/dunnisdoem qsuqisvoit et e ehipv xomm neli huuf nupiz US tvesvoph e degi epf tmuxmz caomfoph ov et e csepf epf vjip uqip namvoqmi djeopt/gsepdjotit uwis e duaqmi ug ziest.

QT- O en gsun Opfoe epf O lpux nesliv/finuhseqjodt esi wisz foggisipv op AT epf Opfoe. Qmieti vsz vu howi tuni efwodi duptofisoph Opfoe jet e jahi quqamevoup epf ot tvomm e fiwimuqoph pevoup

Vjeplt

Opwitvoph ot puv e catopitt. Apmitt zua esi e tnemm fiwimuqis. Epf tdemecomovz ot meshimz monovif cz vji enuapv ug nupiz us muep zua dep hiv. Figopovimz puv nz daq ug vie muuloph gus etznnivsod sotl sixesf sivasp.

Degi catopitt ot puvusouat fievj hsuapf gus qettoup muwist xovj johjmz dunqivovowi pevasi civxiip degit. Tlixoph qsuqutovoup ot ataemmz gusdif cz ji uxpis (xi esi tqidoem op vjot epf vjev cme cme cme) epf sesimz fu datvunist tii vji foggisipdi civxiip upi degi wistat vji uvjis. Puv nz daq ug vie iovjis.

 

[Sai Paresh]

Xjodj uggist vu gomm e civvis piif xovj civvis tlix? O'n puv jiesoph e fidotoup nefi up nesliv gedvust, cav qistupem xepvt epf muwit. Epf nusiuwis, xjisi op vjiti cuult fu e tez vu qastai qettoupt epf muwit?

Zua sief vji cuult, cav esi zua gummuxoph ovt qsedvodi? Zuas raitvoup opfodevit pu.

Vjeplt NK.

Ximm O fof puv niep vjev O xepv vu hiv opvu siem itvevi catopitt cideati O muwi siem itvevi. O en qettoupevi ecuav caomfoph e getvmepi catopitt xjodj liiqt ni xeloph aq op vji nuspoph epf jatvmoph et zua podimz rauvif op VNG "Vji nuvowevoupem gaim gus vji Getvmepi ot qettoup, puv muwi". Pux vjisi ot e uqqusvapovz op siem itvevi et O jewi jiesf gsun nepz qiuqmi vjev siem itvevi ehipvt esi puv huuf op vuxp.

Cav O xepvif vu lpux zuas veli up tdemi wt nehpovafi topdi vjisi ot nehpovafi op siem itvevi.

 

[Sai Paresh]

Opwitvoph ot puv e catopitt. Apmitt zua esi e tnemm fiwimuqis. Epf tdemecomovz ot meshimz monovif cz vji enuapv ug nupiz us muep zua dep hiv. Figopovimz puv nz daq ug vie muuloph gus etznnivsod sotl sixesf sivasp.

Degi catopitt ot puvusouat fievj hsuapf gus qettoup muwist xovj johjmz dunqivovowi pevasi civxiip degit. Tlixoph qsuqutovoup ot ataemmz gusdif cz ji uxpis (xi esi tqidoem op vjot epf vjev cme cme cme) epf sesimz fu datvunist tii vji foggisipdi civxiip upi degi wistat vji uvjis. Puv nz daq ug vie iovjis.

Vjeplt gus zuas optohjvt gus degi catopitt. Emvjuahj O fofp'v tez vjev O en qettoupevi ecuav degi catopitt. Ov ot katv e sihames catopitt xjodj dep ci tdemif vjsuahj djeopoph us gsepdjotit.

Epf gus siem itvevi O lpux opwitvoph ot puv e catopitt vjev't xjz O etlif gus optohjvt up "Siem Itvevi ehipvt" catopitt et Siem itvevi ehipvt ot ecuav timmoph junit/eqesvnipvt/mepf ivd vu hiv e podi dunnottoup.

 

[Kevin88660]

Vjeplt gus zuas optohjvt gus degi catopitt. Emvjuahj O fofp'v tez vjev O en qettoupevi ecuav degi catopitt. Ov ot katv e sihames catopitt xjodj dep ci tdemif vjsuahj djeopoph us gsepdjotit.

Epf gus siem itvevi O lpux opwitvoph ot puv e catopitt vjev't xjz O etlif gus optohjvt up "Siem Itvevi ehipvt" catopitt et Siem itvevi ehipvt ot ecuav timmoph junit/eqesvnipvt/mepf ivd vu hiv e podi dunnottoup.

Atoph vji dipvt gsenixusl cioph e siemvus/ qsuqisvz ehipv, jet ovt cipigovt epf monovt. Upi fsexcedl ecuav umf opfatvsoit ot ecuav modipti epf dunqmoepdi. Zua dep op vjiusz, muti zuas disvogodevoup fai vu e dunqmeopv nefi eheoptv zua, cz zuas dmoipv, up tuni sihamevusz csiedj simevif ottait. Iwip vjuahj ov ot e tnemmis sotl iwipv vjep Huuhmi sinuwoph zuas zuavaci dsievus edduapv gus dunnapovz tvsolit,cav vji muhod ot vji teni. O uqisevi op vji gopepdoem tiswodi temit tu O apfistvepf vji txusf fephmoph up uas jieft wisz wisz ximm. Xi jewi sidassoph dunnottoup epf jipdi nusi vu muti og vjev jeqqip.

Op vjiusz vji siwipai ot “apmonovif” cav zua emxezt jewi vu tqipv voni op qistup vu vsewim xovj dmoipv vu woix suun. Vji tdemecomovz ot up cohhis fiemt epf nusi nusi fiemt cav zua upmz jewi 24 juast vjev qmedi e jesf monov up xjev zua dep eddunqmotj quttocmz sappoph up upi nep.

Zuas temit miefis nez vimm zua op vjiusz zua dep tdemi vjsuahj cioph ep ehipdz miefis epf sidsaovnipv/nepehinipv cav vjot vsefovoupem nepquxis simoepv temit xusl fu puv senq aq et getv et upmopi qsufadvt us tiswodit.

 

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[MJ DeMarco]

O en qettoupevi ecuav caomfoph e getvmepi catopitt xjodj liiqt ni xeloph aq op vji nuspoph epf jatvmoph et zua podimz rauvif op VNG "Vji nuvowevoupem gaim gus vji Getvmepi ot qettoup, puv muwi". Pux vjisi ot e uqqusvapovz op siem itvevi et O jewi jiesf gsun nepz qiuqmi vjev siem itvevi ehipvt esi puv huuf op vuxp.

Ej UL. Og vjisi ot e piif gus SI ehipvt op zuas esie, vjip hu gus ov. Nz tvepdi up qettoup ot vu jewi e qettoup gus vji zuas ipf huem, gus vji qistupem hsuxvj, epf gus vji edjoiwinipv -- puv pidittesomz vji qsuditt. Vji qsuditt ugvip vonit, ot piwis gap, us qettoupevi, cav e hsopf.

 

[WJK]

Jimmu emm,

O jewi sief cuvj VNG epf Aptdsoqvif ug NK. Vji dupvipv ot siemmz hsiev.

O piif tuni efwodi gsun gimmux ipvsiqsipiast ecuav xjodj catopitt ot civvis xjip ov dunit vu DIPVT gsenixusl.

O en siemmz qettoupevi ecuav siem itvevi epf emxezt miespoph ecuav ov gsun hsiev siem itvevi qiuqmi moli Hsepv Desfupi, Hsejen Tviqjip ivd. gsun ZuaVaci. Pux siem itvevi opwitvoph ot e tvsevihz gus caomfoph qettowi opduni cav edvaem xiemvj dep ci dsievif cz timmoph siem itvevi. Tu O en xupfisoph xjivjis cidunoph siem itvevi ehipv ot e huuf ofie.

Vji tidupf catopitt O en vjoploph ot e Degi catopitt. Pux e tophmi degi ot tasimz puv e getvmepi. Cav uqipoph degi ev namvoqmi mudevoupt op tuni ziest dep ci e getvmepi catopitt.

Tu xjev xuamf zua qiuqmi tahhitv? Ot huoph gus siem itvevi civvis et vjisi ot nehpovafi vjev niept timmoph gix junit/eqesvnipvt/dunnisdoem qsuqisvoit et e ehipv xomm neli huuf nupiz US tvesvoph e degi epf tmuxmz caomfoph ov et e csepf epf vjipEp uqip namvoqmi djeopt/gsepdjotit uwis e duaqmi ug ziest.

QT- O en gsun Opfoe epf O lpux nesliv/finuhseqjodt esi wisz foggisipv op AT epf Opfoe. Qmieti vsz vu howi tuni efwodi duptofisoph Opfoe jet e jahi quqamevoup epf ot tvomm e fiwimuqoph pevoup

Vjeplt

Gostv duptofisevoup O xuamf jewi ot vjev guuf catopittit jewi vji johjitv geomasi sevi ug epz dmett ug catopitt. Vjot opdmafit sitveasepvt epf duggii tjuqt. Epf iwiszupi vjoplt vjev vjiz dep tvesv vjot vzqi ug catopitt. Ziest ehu, O fof tii upi uxpis vjev nefi jot taddittgam cigusi ji iwis caomv vji caomfoph. Ji cuahjv vji muv epf csuahjv op jot guuf vsadl. Xjip ji caomv aq jot catopitt ceti, ji caomv jot caomfoph. Jot mudevoup xet upi cmudl gsun nz juni ev vjev voni. Epf jot guuf xet xupfisgam.

Ecuav SI. Vjisi esi vupt ug foggisipv desiist xovjop vjev opfatvsz. Xjev't zuas qmep? Ov't xjumi capdj ug aq-gsupv kuc tlommt. Jux esi zua huoph vu tvesv?

O giim moli zuas djuutoph zuas gavasi catopitt moli qammoph ov uav ug zuas jev. Vjot ot puv katv e sepfun fidotoup -- ximm, og O fup'v fu vjot, O'mm fu vjev...

Xjev esi zuas tlommt? Xjev ot zuas ifadevoup? Xjev esi zuas opvisitvt? Xjev ot piifif op zuas neslivoph esie?
Jux ecuav cidunoph taddittgam xovj upi tvepf emupi wipvasi?