Desperate Need of Advice From Realtors

[Jordan Tasei]

I am a 26 year old currently working in the trades. I do well for myself, but I believe I'm capable of so much more. I know a career change is in my near future, but I'm struggling to decide what to do. I've had this nagging since I was around 18 that real estate is where I'm supposed to be. I need success stories, failure stories, and people to tell it how it is. I'm not afraid but, I'm afraid. What does it take to be successful in this business? I'm confident in my work ethic and ability to deal with the suck. I'm a grinder, I have been my whole life. Any insight on the good, bad, early struggles, really anything would be appreciated.

[Russell Brazil]

What does it take to be successful in business?

1) Capital

2) Knowing how to run a business 

3) Hard work

4) Time to get over the hump before you start making money.

90% of small businesses fail, mostly because of a lack of working capital. Real estate agents are in line with this at an 87% failure rate. Most new businesses dont turn a profit til year 3 of their existence. So this means even during years 1 and 2, you still need to be funding said business while it loses money.