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Disruptors

From Scaling To Resetting: Willny Guifarro Shares his Lessons In Growing

Disruptors

Steve Trang

Business, Investing, Careers

5741 Ratings

🗓️ 10 September 2020

⏱️ 65 minutes

🧾️ Download transcript

Summary


Willny Guifarro started wholesaling right after he graduated high school. He shares his struggles getting traction on his business and getting fired multiple times because he was trying to improve himself and learn about wholesaling.



Willny had multiple six figure months in 2019, and did $175,000 just in August of this year.



In this episode, we talk about what happens when you grow too fast. Hiring too many acquisition people, he lost $30,000 in January. Scaling is challenging, and Willny shares his journey.



Video Replay of Interview with Willny Guifarro







Start Your Real Estate Disruptors Journey by visiting https://l9aljqz8k7.wpdns.site



SHOW-NOTES-From-Scaling-To-Resetting_-Willny-Guifarro-Shares-his-Lessons-In-GrowingDownload



SHOW NOTESFrom Scaling To Resetting: Willny Guifarro Shares his Lessons In Growing



With Willny Guifarro, CEO/Founder at Equity of Texas, CEO/Founder at Apex Investment Group



Sept. 9, 2020



About Willny Guifarro







Willny Guifarro is the CEO/Founder at Apex Investment Group and the CEO at Equity of Texas. He began his career in the real estate industry before graduating from high school and completed his first wholesale deal shortly after. Willny operates in Texan and Ohio, and has built his businesses from scratch. He mentors new real estate investors through his wholesaling teaching program, and he is very active on Twitter.



Connect with or find more information about Willny at www.twitter.com/willnyguifarro1 @realestatewill, or www.facebook.com/willny.guifarro.3 



Show Notes



Steve and Willny discussed what made Willny get into real estate, how he built his companies, his experiences in scaling up his business, the pitfalls of scaling that no one talks about, and resetting his business and how he reorganized.



Top 5 Takeaways from Willny Guifarro:



5.  Real estate is not for the meek — it’s hard work and you have to put in the effort. 



4. Don’t get discouraged if you have to make a lot of phone calls to get some contracts. And understand that not all of your contracts are going to close. Real estate is a numbers game, so you have to drive up your numbers.



3. One of the biggest things Willny would change about his real estate journey would be to pay for education when he first made some decent money. Willny said had he done that early on, he would have made much more money and saved hundreds of thousands of dollars in mistakes with deals, employees, etc.



2. Scaling is the new buzzword in real estate investing, but you have to hire the right people. You lose much more money hiring the wrong people who don’t want to work hard than you do developing a system for hiring, training, evaluating, and firing when necessary. Don’t pay a good salary; commission-based pay keeps people hungry. Don’t be in such a rush to scale up that you scale for the wrong reasons, so scale too much too fast.



1.

Transcript

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0:00.0

Hey, everybody. Thank you for joining us for today's episode of Real Estate Disruptors. Today we have

0:04.1

Wilney Giffaro with Equity of Texas. And he flew in from Houston, talk about the lessons he learned

0:09.4

from scaling to resetting to only $175,000 last month. If this is your first time tuning in,

0:16.2

I'm Steve Trang, founder of the Offer Fast Homes app, the only MLS for off-market wholesale properties.

0:22.9

And I'm on a mission to create 100 millionaires.

0:27.5

I've had many of you guys reach out to me about our sales training, but for a lot of you,

0:29.9

our sales training is too pricey, which I understand.

0:33.6

So for those of you that are tight on your budget, I created something just for you.

0:40.5

If you're interested in checking that out, please text Closer to 33777-C-C-L-O-S-E-R to 3-3-7-7-7 to find out more. If you get value today, please tag your friend below or share this

0:46.7

episode right now. That way we can all grow together. And this is a live show. So please ask

0:50.9

your questions for Will Need to answer you ready yes sir all right

0:54.8

cool so first question is always simple is what got you into real estate what got me

1:00.3

into real estate um I think just the um just the ambition of wanting to make more

1:08.4

money honestly everybody wants to make more money right yeah. Everybody wants to make more money, right? Yeah.

1:21.0

So, like, when I was younger, I think I was, like, around 17, 18 when I started really, you know, looking into real estate.

1:24.7

And I was like, man, I'm done.

1:25.5

I'm done with this.

1:27.9

You know, everybody's throwing college at me. Everybody's, because, you know, at 17, 18, you'm done. I'm done with this. Everybody's throwing college at me.

1:32.7

Everybody's, because at 17, 18, you're in a very sensitive place where, you know,

1:34.9

you got to choose career path. So I wasn't really liking it, man.

1:37.9

Everybody was throwing me the college route, but I said, forget it.

1:42.2

I started doing wholesale and, you, and I did my first wholesale

...

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