The real estate industry can be rewarding, especially if you’re one of the leading figures, although becoming one isn’t an easy feat. You will have to face numerous obstacles along the way, some minor, while others might even make you want to give up. However, success, financial freedom, and your dream life will all be within your reach once you conquer those challenges.
Take for example the journey of the real estate expert, John Gafford. He's now one of the most respected figures in real estate, and he's trusted by tens of thousands as a mentor. Whether it be on Facebook, Instagram, or YouTube, he's more than willing to share his knowledge with anyone. He's grown numerous companies to have revenues of seven figures, and his path to becoming what he is now was nothing short of challenging.
Just when Simply Vegas was starting to thrive due to the leadership of John and his business partner Gavin Ernstone, they faced an issue that changed their trajectory. They received a call from an expansion rep, asking them if they would be interested in opening a title company. They would split everything 50/50, and John and Gavin wouldn’t have to do anything.
Upon much consideration, the duo decided to take the offer. There would be risks involved, but it seemed an excellent opportunity. Six weeks later, the Clear Title Company was founded. However, contrary to their agreement where they were told they had to do nothing, all the work was actually dumped on them. As their names were already involved, they had no choice but to do it.
For an entire year, there was no end to mistakes, and many things went wrong. However, one day, they received a spreadsheet containing information about their partner companies, which was sent to them accidentally by an accounting person. As they scanned through the numbers, they noticed that they were the only business making a profit.
They were quick to realise that although everything hadn’t been going very well, at least they were moving forward. Therefore, the two took this opportunity to buy their partners out and assume control. Afterward, they moved to different software, improved the personnel working for the firm, and streamlined their systems. Fast forward to one year later, Clear Title Company had become a seven-figure business.
John then incorporated the Clear Title Company with the Simply Group and gradually became more and more successful. John faced numerous other obstacles as well. Among those challenges was having his license sent back to the division for 10 days. He also had one of his business partners who was flipping single-family homes abscond with a million dollars, leaving him responsible for paying for the lost amount.
However, through it all, John remained steadfast in his resolve to become a leading figure in the real estate industry. The book “The Obstacle is the Way,” authored by Ryan Holiday, also helped him manage his emotions whenever times got tough. Above all, he had trust in his abilities and those people he worked with.