“So many people don’t realize exactly how much volume is required to be successful.”
I believe that’s an Alex Hormozi quote.
Every time someone hits a roadblock in any business, especially in real estate, they assume that the strategy they were trying was not successful.
In fact, they simply did not do it long enough or did not do enough volume of it.
Whether that volume is time or a number—such as the amount of calls you make or the number of people you talk to—there’s always an opportunity to do more.
What separates a successful business from an unsuccessful one is that successful businesses have figured out how to automate high-volume activities.
For example, everyone reads about the strategy of wholesaling in real estate.
Wholesaling in real estate is literally as simple as finding someone who wants to sell their house and finding another person willing to pay more for that house than you and the original seller agreed to, and then collecting the difference as a fee.
However, it’s really difficult to find that specific kind of seller if you’re only talking to five people.
Of the millions of properties in America, there’s a very small percentage of owners motivated enough to sell their property below market value, especially to a stranger.
To achieve success in wholesaling, you need to execute the proper amount of volume, which may entail investing in software systems and employees that allow you to reach more people as a company.
The disconnect between most of my successful clients and my unsuccessful ones is that those who are willing to invest the additional money or time to achieve this level of automation are successful, and those who are not willing simply are not successful.
The same goes for hiring.
If you want to find a good real estate agent to work with, or a good property manager, or a good virtual assistant, or literally anyone that is going to help you grow your business, then you need to increase the likelihood of finding a good person by talking to more people.
The likelihood of finding a competent person fit to help you run your business is extremely low if you only talk to three people.
But if, instead, you talk to 30 people, you increase the odds of finding the perfect candidate for your business—literally 10x.
This also applies to finding partners and raising capital.
Everybody wants to do real estate using none of their own money, but not everyone is willing to talk to dozens of potential partners dozens of times to find one who is willing to fund their next real estate deal.
There is no secret hack to any of these activities.
Our company specializes in providing the necessary processes, tools, and systems to achieve everything we mentioned above—consistent deal flow, hiring, raising capital, and more.
But at the end of the day, you, as the CEO of your real estate business, need to be willing to invest the time, energy, and potentially money into creating enough volume to be successful.
You’re only one deal, one partner, and one hire away from your next big payday.
Don’t allow laziness, apprehensiveness, or an unwillingness to invest in your business to be the reason you don’t achieve success.
If you believe that your goal in real estate is to make seven figures, then you need to conduct seven figures of activity.
No one ever made seven figures from a three-figure investment.
If you want to learn more about how to create the volume needed for a real estate business to be successful and put it on autopilot, click here to book your partner assessment call today.