Episode Details
Back to Episodes291: The Pressure to Build a Bigger Business
Description
It's Katy's birthday, so naturally we're getting deep with a mindset episode: why are you growing your business? Not whether you should grow it, just why, because so many agents chase a bigger number, a team, or a brokerage without ever asking if that's actually what they want.
We start with an email from a listener who's using every lead gen platform available and wants more leads so she can eventually hire people to help her handle the leads, to split the cost of getting the leads. It's a loop that reminded us of the classic parable about the fisherman and the businessman, the one where the businessman spends his whole life building an empire just to end up back on a beach, fishing, taking naps, and enjoying his family, which the fisherman was already doing from day one. Alissa also shares why she never built a team, even after years of being heavily recruited, and why that decision came from staying true to what actually fulfills her, not from what "everyone else" was doing.
We also talk through your "enough number," a real framework for figuring out what you actually need to make versus what you think you should be chasing, plus a great list of questions for finding your real why, from what excites you to what feels effortless but keeps your curiosity alive. We close with real talk on comparison, why the loudest, most visible agents are often the ones with the thinnest profit margins, and a story about a friend who closed a successful store just to get more time with her kids before they left home.
Here's what we cover in this episode: -Why we're talking about your "why" instead of your number this year -A listener's email that revealed a growth loop: more leads to justify hiring help to handle more leads -The fisherman and the businessman parable, and what it teaches about chasing more -Alissa's story of never building a team, even after years of heavy recruitment -Why real estate's "invisible corporate ladder" isn't actually required for anyone -How to calculate your "enough number" and work backward from there -Why comparing gross volume without seeing expenses is never apples to apples -A real story about fact-checking a big commission claim and what the math actually showed -A list of questions to help you find your real why, from your values to your strengths -Alissa's honest answer on what actually fulfills her versus what looks impressive -A story about a local shop owner who closed a thriving second location to protect her time with her kids -Why the loudest, most visible agents are often carrying the highest expenses and thinnest margins -A real story from Alissa's CPA about how few expenses she actually has compared to other agents -Realtor award season and why chasing a plaque isn't the same as chasing your actual goals -Permission to define your own version of success instead of following someone else's ladder
Key quotes from this episode: "Before you set your next goal, ask yourself: does this move me toward the life I actually want?" - Alissa "Real estate doesn't have a corporate ladder, but we sure act like it does." - Katy "You obsessing over what someone else is doing isn't going to change your life at all, and should certainly not be your motivator." - Alissa "Your results are hiding in the work you're avoiding." - Katy "Don't look at them, look at you." - Alissa
Products, people, and previous episodes mentioned: -The One Thing by Gary Keller and Jay Papasan -Steven Worley, "Find Your Why" article
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