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Join us as we dive deep into the art of making more money, effortlessly integrating cutting-edge technology, and transforming your systems into unstoppable profit machines. Hosted by industry expert Kyle Whissel and his head of marketing Bryan Koci, this podcast is your go-to resource for invaluable tips, strategies, and insider knowledge that will take your career to unprecedented heights. Visit TheWhisselWay.com to get even more information, access exclusive resources, and connect with like-minded professionals who are committed to taking their real estate businesses to the next level.
Episodes
Wednesday Jun 05, 2024
From Solo Agent to Team Leader: Scaling Your Real Estate Business
Wednesday Jun 05, 2024
Wednesday Jun 05, 2024
In this episode, Kyle Whissel and Bryan Koci delve into the journey of scaling a real estate business from a solo agent to a team leader. They discuss the benefits and drawbacks of building a team, the different team structures, and the critical stages of growth. Kyle shares his personal experiences, including the challenges he faced and the strategies that led to the success of his 115-agent team, which is on track to sell over $600 million worth of real estate this year. Bryan adds insights on leveraging support staff, maintaining profitability, and the importance of having a clear vision and robust systems in place.
Chapters:
00:00:00 - 00:01:35: Introduction
Overview of the episode's topics: scaling from a solo agent to a team leader.
00:01:36 - 00:02:08: Pros and Cons of Becoming a Team Leader
Discussion on the advantages and disadvantages of scaling a real estate business.
00:02:08 - 00:04:06: Personal Experiences and Challenges
Kyle shares his journey, including financial challenges and the eventual profitability of his team.
00:04:06 - 00:08:31: Leverage and Lifestyle Benefits
The benefits of having a team, including improved work-life balance and increased leverage.
00:08:31 - 00:13:13: Building a Small Team
Steps and key hires for building a small but effective real estate team.
00:13:13 - 00:16:53: Scaling Up and Avoiding Common Mistakes
Importance of running separate P&Ls for personal production and the team, and staying in production until the business is profitable.
00:16:53 - 00:26:26: The Messy Middle and EOS System
Navigating the difficult growth phase and implementing the Entrepreneurial Operating System (EOS) for structure and efficiency.
00:26:26 - 00:29:26: Whissel Widgets of the Week
Kyle and Bryan share useful tools and features they use in their business, including Instagram's new "frames" sticker and Gmail's schedule send feature.
00:29:26 - End: Closing Remarks
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