19 min
125. 3 Things We Wish We Knew: Money Lessons For Real Estate Agents In The House
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- Entrepreneurship
If you're a real estate professional looking to build a sustainable and profitable business, there are three key ingredients you must learn to implement. The perfect formula includes applying the Profit First system, investing with wealth in mind, and business planning with forecasting. In this episode, Jenny & Toni discuss how the Profit First system helps entrepreneurs manage growth and pay themselves while maintaining profitability. Second, investing with wealth in mind means taking a strategic and holistic approach to investing that prioritizes your long-term financial well-being. And finally, value planning requires discipline, patience, and a long-term perspective that prioritizes building and preserving wealth over the long haul; this includes business and tax planning. Now let's get started by asking yourself this question: How much revenue must the company generate to support a basic lifestyle?
If you're a real estate professional looking to build a sustainable and profitable business, there are three key ingredients you must learn to implement. The perfect formula includes applying the Profit First system, investing with wealth in mind, and business planning with forecasting. In this episode, Jenny & Toni discuss how the Profit First system helps entrepreneurs manage growth and pay themselves while maintaining profitability. Second, investing with wealth in mind means taking a strategic and holistic approach to investing that prioritizes your long-term financial well-being. And finally, value planning requires discipline, patience, and a long-term perspective that prioritizes building and preserving wealth over the long haul; this includes business and tax planning. Now let's get started by asking yourself this question: How much revenue must the company generate to support a basic lifestyle?
19 min