Immobilienfonds aufbauen und trotzdem fokussiert bleiben

0:00Uh, I sell luxury real estate here in Vegas. Uh, >> Oh, sweet. Revenue last year I did a million three. This year I'm on track to do a million five. >> Amazing. Um, I would like to get to, ideally in my world, about 10 million. Right. Um, and what's stopping me is focus, apparently. Um, >> [laughter] >> um, the ascension plan for most successful people in real estate is buy rentals, whatever.

0:26So, right now, I started a fund. A lot of my clients who have cash Yeah. have just given me cash because they believe in it, and I want to be a developer as my end game. So, my question is, you know, and I also started doing paid ads. I know the answer. I started doing paid ads for more real estate. >> going to say. >> [laughter]

0:51>> I started doing paid ads in my real estate business, and then I started paid ads for >> probably. >> teaching, yeah. Teaching agents how to do >> you? Don't want to leave money on the table, right? >> [laughter] >> Do you want to We should draw out this org chart, shall we? So, we've got Hold on. We've got This will be fun. So, we've got We've got the uh your realtor, right? So, you got this business.

1:18And then we've got um agency, right? Yeah. Over here. And then we've got fund over here. And then your goal is to be a developer over here. Okay. Cool. >> They're all They're They're all in real estate, though. Sure. Correct. Yeah. >> [laughter] >> It It It It It It It It It It All of my businesses are are businesses. Isn't that like same same? I hear you.

1:43>> to make myself feel better. >> No. No. No. I As long as you feel better. And like let's play Hold on. I'm going to play a fun game. And you have one person on your team who's kind of like your right hand. You underpay her, but you're going to pay her a little bit more cuz she's great. And then you have like two other people who are irrelevant and you do most of this yourself. I got rid of the other two, but >> [laughter] >> So, just you and your right hand.

2:08>> And I have two showing agents that show all of my listings, um, and admin staff. Okay. >> two that were irrelevant, I got rid of those two. >> Okay. Okay. I was trying to replace myself so I can like go do the other things. And then I was losing clients, so I was like let's stop doing that. >> You're like, "Yeah, what I do is so easy I can train somebody who gets paid nothing to do it to these luxury people who would be like, 'Why would I go for this person's help?'" >> of a lot is a lot.

2:3450% of zero is zero. >> Correct. Um, so, So, you've got one business per person, um, who works for you right now, roughly. So, what do you want to do, man? Like this makes you money, right? And this, you know, is a distraction, obviously. But, you know, you have to figure that out. But, what So, like what do you want to do? Uh, my end game is to be a developer. The challenge >> you? Yeah, okay. The challenge that I'm having now is focus The amount of focus that is required to get into development and all the systems and processes and people and we're going to actually raise money.

3:10It would take me away from my everyday that actually makes me money. And to go raise capital and schmooze and do all the stuff is what I do now for my current business. So, I thought originally that like, "Oh, I can just do both." Yeah. But, I'm But, I'm not able to do both. So, >> to do fund into development, right? That's what you want to do. >> Correct. >> You might have a lifestyle issue. Like you make a million plus a year, right?

3:36So, like you could stop doing that and then hit your base up and say, "This is what I'm doing now. Give me money. I'm going to go develop properties now." Yep. So, you could just do that. So, why don't you do that? Golden handcuffs, I guess. >> Lifestyle? Yeah. >> [laughter] >> Yeah, so 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?

4:03Sure. Okay. Well, then do that. I don't have a I don't have any payments. I don't have I don't have any payments. Yeah. I I mean, like it's a li- it's a li- like you you can't You're like Basically, if I stop being a realtor, I'm going to stop making money being a realtor. It's like, "Yeah." Yeah. But, you'll do the other thing that makes you more money long term. Yeah. >> So, then you have to give up short term for long term.

4:27>> Correct. And so, you have to give up short term for long term. I'm married. She's got to go. >> [laughter] >> Dude, I get it. I get it. Also, best response of the day. This [laughter] is great. This is awesome. Yeah. Um, 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 5 years?"

4:56>> [laughter] >> I can text you our number. Yeah. No, but that That's it. That's the rock and a hard place. I got to give up this to get that. So, if you've hit a revenue ceiling or your entire business relies on you to grow, then I'd love to invite you out to our headquarters here in Vegas to learn how we scale. It's so my team spends 2 days with you to identify the thing that's holding your business back. And so, if that sounds interesting, click, book a call, and if you're a fit, we'd love to potentially see you out here in Vegas.