Real Estate Business Building Tip Series | Tip #1
August 21, 2008
The New World Order Interactive Real Estate Business Training Program is about instructing real estate agents as to how to unlock the entrepreneurial power of running and benefiting from a successful real estate business.
Running a successful “business” is way beyond getting listings and prospecting. Very few people have the unique entrepreneurial qualities of unremitting advocacy, evangelism, and dedication; Real estate agents have to realize that being an independent contractor is basically having a job and that entrepreneurship is an art, NOT a science.
Michael Gerber, the esteemed business trainer who is known worldwide for his E-Myth business program kicks off the first week of class in the New World Order Interactive Real Estate Business Training Program.
Gerber says that despite what many real estate agents think and are taught, the real estate industry is not unique in its challenges, it is negatively positioned in its model of operation. The discipline of enterprise leadership, and the rules, standards, and practices which define it, are the same no matter where they are practiced, regardless of the type and size of business.
Suffice it to say that Gerber’s observations are are based on his vast experience and success in teaching more than 30,000 E-Myth Mastery clients over a period of 27 years.
Gerber states that of the 1 million U.S. small businesses started each year more than 80% of them will be out of business within 5 years and 96% will have closed their doors before their 10th anniversary.
Is real estate different? Of course not, we are seeing hundreds of thousands of agents leaving the business and hundreds of thousands more holding on to their licenses while they seek “work” elsewhere or maintain a second job!
The mortality rate of real estate agents is actually WORSE than the national average.
Even the National Association of Realtors has stated that most new agents (5 years and under) exist with income levels below the national poverty line or in the general vicinity thereof.
These are indeed chilling statistics. Those few which not only survive but flourish have cohesive, comprehensive, and cost-effective strategies and tactics.
Don’t work IN your business, work ON it! The first step is to realize that you are indeed IN business and you must know that one of the keys to success is mastering what Gerber calls the The Seven Essential Disciplines for Building a World Class Company.
While you may not be the next IBM or the next Walt Disney Company, you can learn to truly DOMINATE your competition in your local real estate market by learning, implementing and mastering the seven essential disciplines followed by every major world class enterprise.
If you would like to take your real estate “business” to the next level and learn to realistically DOMINATE your local real estate market, join Michael Gerber and the rest of our stellar faculty by enrolling in the New World Order Interactive Real Estate Business Training Program.
Learn more about the New World Order Interactive Real Estate Business Training Program here.
Hi Barry, You guys have put together a very impressive line up for the NWO program. I’ve been listening to the show with my workout in the mornings for about a month now. Just don’t tell anyone
Seriously though, you have a good thing going on over here. Keep it up.
[...] Rand captured the entrepreneurial mindset that so many in the real estate industry seem not to be able to grasp. “Capitalism is [...]