I posted an audio training a few years ago titled “How Wholesalers Can Stay Relevant in 2017 and Beyond”
The theme of the discussion is that wholesaling is a broken industry and
you can take advantage of it. I figured this out a few years back when I took
on my first wholesaling client and simply applied business 101 concepts to
his territory. The amount of growth in his already well established business
was just too great to chalk up to anything else.
He was being paid handsomely for running a very average business..meaning
there was a lot of fat and waste. I told him he had 2 choices, we could either set
him up to make crazy money, or he could keep his current income by doing much
less.
He chose the former and is now on pace for 7 figures in total compensation.
However, with increased transparency and other external forces, the correction in the industry to market forces is being sped up. The result will be an overall fee fee compression…and for you a compensation reduction down the road (or worse).
The good news is that it won’t happen right away and so if you use the 2 strategies in the audio, you can take full advantage of the bloated compensation….and when compression does take effect, you will be producing enough to keep your job and still make a great living.
So if you haven’t already listened to the audio, Let me encourage you to do so. And if you have listened, please seriously consider a change in strategy.