The document discusses making the transition from being an employee to becoming a real estate entrepreneur. It outlines several key steps to take, including developing an entrepreneurial mindset that embraces persistence and learning from mistakes. It also recommends establishing a business and marketing plan by determining what customers will pay for and how to reach them. Finally, it suggests launching a small-scale version of the business initially while still employed to test the concept before fully transitioning to entrepreneurship.

1. 5/31/2018 Brandon Wetzel Yardley Blogs: From Employee To Real Estate Entrepreneur: Making The Big Switch
https://brandon-wetzel-yardley.blogspot.com/2018/05/from-employee-to-real-estate.html 1/2
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Wednesday, May 2, 2018
From Employee To Real Estate Entrepreneur: Making The
Big Switch
It’s a big leap to leave behind one’s 9-to-5 job and the steady paycheck to pursue real estate
entrepreneurship. It can be a daunting process, but not when armed with the right information
and direction. Here are some steps to take.
Have an entrepreneur mindset
This is a critical ingredient for success in the industry, as it includes persistence and the
inclination to keep learning. Take note that over a million people are poised to start a business in
the United States, and in the first year about 40 percent will fail. As a real estate entrepreneur,
accept the tendency to make mistakes, learn from them, and adopt a mindset of long-term
development and experience.
Establish a business and marketing plan
Determine what people are willing to pay for, as a viable business seamlessly combines what it
wants to do with what others are willing to spend for. Interview potential customers, and once the
target market is set, determine how to approach this clientele.
Launch a small-scale version first
If possible, launch a scaled-down version of the business on the side while maintaining a regular
job. Assess that soft launch and see what worked, what didn’t, and how the approach can be
tweaked for success.
Image source: Pixabay.com
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2. 5/31/2018 Brandon Wetzel Yardley Blogs: From Employee To Real Estate Entrepreneur: Making The Big Switch
https://brandon-wetzel-yardley.blogspot.com/2018/05/from-employee-to-real-estate.html 2/2
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Posted by Brandon Wetzel Yardley at 7:20 AM
Labels: entrepreneurship, Real estate, real estate business
Assemble a good team
Find team members that mirror your values and whom you can work with to achieve the business
goals. Determine if it’s sound to form a corporation, an LLC, or pursue a partnership. Define each
team member’s role and follow the necessary legal guidelines.
Brandon Wetzel is a 40-year-old real estate agent residing in Los Angeles, CA, but was originally
from Yardley, PA. He is looking forward to starting his own business as he waits for his real estate
license. For similar reads, click here.
Image source: Pixabay.com
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