<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1613612528878905&amp;ev=PageView&amp;noscript=1">

Join our NEW private Facebook group to access FREE and exclusive trainings!

The Business Freedom PodcastEpisode
262

Taking a Holistic Approach to Your Business - Part 3

By Lars Hedenborg

.

Taking a Holistic Approach to Your Business - Part 3

Lars Hedenborg    August 14, 2020

GET THE LATEST EPISODES

pod-phone2.png

The legacy of a holistic business is just as important as building the business the right way. We want to set a vision for something a little bit bigger than just ourselves.

What would it look like to have a for-profit business with a not-for-profit purpose?

Dave chose to start a non-profit organization called Project Lamplight. It focuses around serving urgent needs in the community. He highlights 6 steps you can follow to do the same in your business:

  1. Put a percentage of your profit into a bank account
  2. Get bank checks without your name on them
  3. Consider 2-3 events per year where you’ll invite your database and ask this question: Who do you know in the community with a random urgent need that we can serve?
  4. Email a form to a person whose needs you’ve identified
  5. Deploy someone on your team to deliver a check 
  6. Ask the same question to your team at every meeting

Before long, those texts, calls, and e-mails will come in. It’s hard to get emergency money in a short period of time. 

Think about this: How do you measure your growth or your success right now? Most people measure this number with a couple of standard metrics - GCI, transactions, assets, etc. But, would you be able to measure your success with other metrics? What if we looked at how many solid culture fits your team gained in the past quarter? How much time you freed up for yourself?

These questions are important to ask yourself in order to keep in check. Don’t let yourself slip away from the important things that will keep your momentum going forward as you grow. The tactics you used to start your business may not be the same tactics you want to use to continue to build and grow.

Here are some critical action steps you can follow if you want to build a holistic business:

  1. Think about last year’s business goals. What would it look like to reconsider those goals - to even pause or slow sales - in exchange for a goal related to improving yourself, time spent with your spouse, your finances, or your systems and operations?
  2. Think about each team member and their last year’s goals. What would it look like to ask them to consider written goals related to themselves, days per year with their spouse, their finances/net worth, or improving their lives with systems or leverage?
  3. Think about the people in need in your community - something outside yourself & your business that you care about. What would it look like to include a goal related to how much your team can give to that cause this year?

APPLY NOW

Much Love & Respect,

Lars' signature

Lars Hedenborg

Founder of Real Estate B-School

P.S. If you are struggling right now wondering what your next step is, here are a few ways I can help you right now:

  1. Schedule a Business Growth Strategy Session.
    If you want to crush the current market and thrive while others fail to even survive, schedule a call with a business coach so we can arm you with a clear plan to profitably and predictably scale your business. No gimmicks or hype! Just the stuff that works!
  2. Sign up for our NEW Business Foundations Program
    Ready to get started on your journey to growing your real estate business? As a member of our all NEW Business Foundations program, you’ll get exclusive access to the tools you need to transform from an overworked real estate agent or team leader to a profitable real estate business owner!
  3. Get a Plan for Predictable Success despite the Current Realities of the Market.
    This short 15-minute training will show you that predictable real estate success is possible even during these crazy times! Find out how to implement the systems and strategies to scale your business despite the current market shift!
  4. Get Instant Access to our Masterclass Training Series.
    Learn how to apply the same tools, systems, and strategies I used over the last 12+ years to go from a struggling solo agent making roughly $20 per hour in 2008-2009 to building a sustainable, profitable real estate team where I now earn over $500 per hour.
  5. Subscribe to The Business Freedom Podcast.
    Join me on The Business Freedom Podcast where I talk about the good, bad and ugly of building a highly profitable, systems driven real estate team.
thumb
Schedule Session
thumb
Enroll
thumb
Grow my business
thumb
Join the community
STRATEGY SESSION MAY 2020
BOOK NOW
PREDICTABLE SUCCESS MAY 2020
GET THE PLAN
SHIFT TOOLKIT MAY 2020
GET ACCESS