Ep. 217 How Real Estate Agents Get RICH
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The only podcast in the world for real estate agents BY active real estate agents, specifically to help REALTORS®️ who are STUCK at 5 transactions a year, get to 20+.
Considering switching brokerages to a brokerage that will help you SCALE and run a TRUE business machine? Join us.
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Welcome to The Agent Goldmine with Ali & Shelby! In this another solo episode, Ali breaks down exactly how she allocates every real estate commission check using principles from the book Profit First by Mike Michalowicz. If you’ve ever wondered how top agents handle inconsistent income without burnout, this episode gives a practical framework on the following:
why real estate agents need a financial system
the “Profit First” framework explained simply
setting up multiple bank accounts for discipline
allocating money for taxes and avoiding surprises
building a profit/fun account for rewards and motivation
investing in index funds and rental properties
managing business operating expenses properly
paying yourself consistently as an agent
how to avoid lifestyle inflation and burnout
simple steps agents can take today to improve finances
Listen now to learn how to manage your commission checks like a true business owner and start building long-term wealth as a real estate agent. 🎧
Snag the Golden Nuggets from this episode!
https://www.theagentgoldmine.com/
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Resources and Links
ICON Program Overview: https://drive.google.com/file/d/1CuoM5rtkCO92xU72Xw71r_aPUmW6nKdc/view
Team Leader Academy: https://expelevatecoaching.com/exp-team-leader-academy
Profit First by Mike Michalowicz https://mikemichalowicz.com/profit-first/