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A big reason many don’t make big money later is they spend too much money now.
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Key takeaways
- >> I would like to get to about 10 million.
- >> And I also started doing paid ads.
- I started doing paid ads with my real estate business and then I started paid ads for >> as an agency for other of course naturally.
- You don't want to leave money on the table.
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Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00I sell luxury real estate. Last year I did a million three. This year I'm on track to do a million five. >> Oh, sweet. >> I would like to get to about 10 million. What's stopping me is focused apparently. Um, [laughter] right now I started a fund and I want to be a developer as my endgame. >> Okay. >> And I also started doing paid ads. I started doing paid ads with my real estate business and then I started paid ads for >> as an agency for other of course naturally. Why wouldn't you? You don't want to leave money on the table.
0:27>> Yeah. [laughter] You're a realtor, right? So, we've got this business and then we've got agency fund and then your goal is to be a developer over here. >> They're all in real estate though, right? >> Yeah. [laughter] >> All of my businesses are are businesses. Isn't that like same same? I hear >> I'm just trying to make myself feel better. [laughter] >> So, you want to do fund into development, right? That's what you want to do.
0:53>> Correct. >> You could just do that. >> How so? You make a million plus a year, right? You could stop doing that and then hit your base up and say, "Give me money. I'm going to go develop properties now." >> So, why don't you do that? >> Golden handcuffs, I guess. >> Lifestyle. >> Yeah. [laughter] >> I mean, it's just How bad do you want it? Do you want it enough that you would live in a different neighborhood, drive a different car? >> I'm married.
1:16>> She's got to get [laughter] Dude, I get it. I get it. Honestly, it's a it's a conversation. It's like, sweetie, I know you love all this stuff. What if we had 10 times more stuff in like five years? [laughter] >> I can text your number. >> Yeah.