What makes real estate so great as a startup business? To answer that question, let’s look at the two main reasons that businesses fail in today’s economy.

The first is under-capitalization, or not having enough money to buy product to sell to their clients. Ideally, they’d be able to profit off of the product they sell so they can buy more product. Buying product for a business is an expensive enterprise, though, and that’s why being a Realtor is so advantageous—you have thousands of homes to sell, and your shelves are constantly being restocked with product, so to speak, without you ever having to pay a dime for it.

“Having a business plan is key to your success.”

The second reason businesses fail is they don’t have a well-thought-out business plan. Having a business plan is key to your success: If you don’t know where you’re at or where you want to go, you’re probably going to fail.

Here at Keller Williams, we provide you with a well-thought-out business plan in order to give you the direction you need from the very start. We take your “why” and establish actionable items that will get you the results you want.

If you’d like to start your real estate career, I encourage you to stop by and sit down with us so we can review what you want to accomplish in real estate and where you want to take your small business. From there, we’ll make a plan to get you there in 2019.

If you have any other questions about this topic, feel free to reach out to us as well. I’d love to hear from you.