In business, it’s easy to feel overwhelmed, especially when starting a new business. Starting out in real estate is a lot!
When starting out in real estate, it is best by focusing on the structure of your business plan, or playbook. It’s important to keep your goals and vision for the future in perspective. Know what you are working towards. You cannot reach your destination if you don’t have a map!
Ask yourself a few important questions before diving into the work of starting out in real estate.
What is your business at its core? What are your values? This is where your mission lies. Knowing your mission helps you attract the right clients for your business. It also keeps you focused and attentive to the details you are working through.
Do you have a team? Will you build one? Where are you taking them? How will your team help you reach your goals? How will you help your team reach their goals? What tasks and roles will each of them play and carry out in your business? What is your responsibility to them? Are you prepared to lead them? Don’t take this part lightly. In what ways can you equip and train them for success? When they win, you win. Building a strong team is part of the foundation that your business will stand on when starting out in real estate.
Your ‘why’ is the reason you started in real estate. Why do you get out of bed and put in the long hours and days? It should align with your overall mission statement and how you relay the message to your clients and to your team.
Expanding on these questions as you set the framework for your starting your days in real estate, will set you on the right track for your business. It will help you create the right structure you need to succeed.