The Millionaire Real Estate Agent by Gary Keller

Page 55

THE THIRD COMMON MYTHUNDERSTANDING MYTH: IT WOULD TAKE TOO MUCH TIME AND EFFORT—I WOULD LOSE MY FREEDOM. TRUTH: TIME AND EFFORT ARE NOT THE DECIDING FACTORS IN SUCCESS. This is probably one of the greatest MythUnderstandings of all. And it seems to be the one most people fall prey to. They truly believe that the more successful you become, the more time and effort you will have to invest and the more freedom you’ll lose. They say things like, “I’m not willing to make the sacrifices you’d have to make to have that level of success.” People have lived before us and I believe the highly successful ones have proven this to be a complete and total myth. They understand that you can put in fifty-hour workweeks and make $50,000 a year or you can put in fifty-hour workweeks and make a million dollars a year. Still others understand that they can put in a fifty-hour workweek and experience no limits to their income earning potential. Try looking at it this way. Any given approach to working will correspondingly create a limit to the amount of sales production that can be accomplished by a single individual in a given workweek. Some people then believe that this means they have hit the limits of their success! Then they try to get around this problem by simply working more hours, and that is what costs them their freedom. The key to success at this point is not to apply more time or effort to the equation but to think of time and effort differently. Try to see time and effort first as an efficiency and effectiveness issue. Do the best you can with the time you devote to your business, and when that takes you as far as it can, you then have a leverage issue. When time and effort take you as far as they can, then you add leverage to progress to the next level. MythUnderstandings

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Model One: Your Economic Model

1min
page 129

3. Train and Consult

11min
pages 164-171

The Three Key Areas of Your Economic Model

4min
pages 130-132

Model Two: Your Lead Generation Model

4min
pages 133-135

The Three Key Areas of Your Budget Model

7min
pages 153-157

Model Four: Your Organizational Model

1min
page 158

Model Three: Your Budget Model

1min
page 152

The Four Fundamental Models of Real Estate Sales Success

1min
page 128

Earn a Million—Stage 2

10min
pages 119-127

3.Think Possibilities

26min
pages 81-96

The Three L’s of the Millionaire Real Estate Agent

2min
pages 97-98

Leverage—The Who, How, and What of Real Estate

6min
pages 103-106

Leads—Lead Generation vs Lead Receiving

3min
pages 99-100

The Eight Goal Categories of the Millionaire Real Estate Agent

15min
pages 107-118

Listings—The High-Leverage, Maximum-Earning Opportunity

3min
pages 101-102

The Nine Ways a Millionaire Real Estate Agent Thinks

15min
pages 71-80

Think a Million—Stage 1

6min
pages 67-70

Myth Six: “Having a goal, and not fully realizing it is a negative thing

5min
pages 61-66

SixMythUnderstandings Between You and High Achievement

2min
pages 47-48

Part One: Charting the Course

20min
pages 31-46

Myth Two: “It can’t be done in my market

3min
pages 53-54

Introduction

6min
pages 25-30

Myth Three: “It would take too much time and effort— I would lose my freedom

2min
pages 55-56

Myth Five: “My clients will only work with me— only I can deliver quality service

3min
pages 59-60

Myth Four: “It’s too risky. I’ll lose money

3min
pages 57-58

The Millionaire Real Estate Agent

6min
pages 21-24
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