Scaling Your Real Estate Investing Business to New Heights with Shaun Young

Welcome back to the REI Mastermind Network! In today's episode, we have a special guest, Shaun Young, who will be sharing his incredible journey in the real estate industry. Coming from a sales background, Shaun initially believed he could handle all the deals and contracts on his own. However, after months of struggling, he realized the need for help and hired his first virtual assistant to scale his business. Little did he know, this decision would change everything. Shaun shares his experiences, lessons learned, and the incredible success he achieved by partnering with virtual assistants. Tune in as we dive deep into the power of virtual assistants, the challenges of real estate wholesaling, and the importance of having the right mindset on this exciting episode of the REI Mastermind Network. Let's get started!Connect with Shaun Young: https://realestatemastery.com/Key Topics and Bullets:The speaker's sales background and initial belief in being the best person to handle deals and contracts:Struggles faced with this beliefIntervention and advice from coach to bring in helpHiring the first virtual assistant and scaling the business:Importance of investing in franchises for higher success ratesExample of investing in a McDonald's franchiseChallenges in hiring and managing virtual assistantsCreation of REI World Solutions to provide virtual assistants for the speaker's company and clients nationwideImportance of daily interaction and proper training for virtual assistantsMisconceptions and challenges in real estate wholesaling:Wholesaling as the hardest aspect of real estate investingThe misconception of needing little to no money to startSignificant work required to find deals and make phone callsImportance of finding a mentor or coach for guidance and supportThe importance of mindset and intention in succeeding in the businessTime management considerations and commitment to the business:Market research, mailers, follow-ups, cold calling, and textingNeed for assistance if lacking time for crucial tasksImportance of full commitment and giving the business a 90 to 120 day runwayFinding the right virtual assistant:Assessing experience level and skills in the specific industryEnsuring the VA is solely dedicated to your companyTreating the VA like a committed employeeImpact of virtual assistant team on business success:Improved productivity and increased deal closuresIncorporating creative deals and scaling the businessAdapting to market changes and aligning with knowledgeable individualsPersonal journey and motivation in pursuing real estate:Investing severance money in real estate after job lossCoaching and helping other students in the industryApplying the "7 layers deep why exercise" to understand motivationsLIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple Podcasts