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Wholesale Hotline | Brent Daniels

Structuring a $2,000,000 Wholesale Business | TTP Breakout

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Investing, Business

4.9586 Ratings

🗓️ 9 June 2022

⏱️ 4 minutes

🧾️ Download transcript

Summary

I see this way too often... Wholesalers get a few deals...they hire a team...they stop hustling...sales go down... then they have to let go of their employees. This is a RECOMMENDATION...DYODD (do your own due diligence). Know your business & your numbers!

Transcript

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0:00.0

You are listening to another TTP breakout with Brent Daniels on the Wholesale Hotline podcast.

0:15.8

All right, listen, you need four and a half people.

0:18.9

Listen to me, four and a half people to build a $2 million

0:22.3

gross wholesaling business, all right?

0:26.6

First of all, you need the half person that I'm talking about here is a VA.

0:31.1

You don't need them full time.

0:32.4

This is just to keep all your list organized.

0:34.7

This is just to kind of keep all of your transactions organized.

0:38.2

It's not a full-time job. This is a 20-hour-a-week person right here. Okay. Now, you need a lead manager.

0:44.6

A lead manager is making sure that your lead generation is constantly going. There's no stopping.

0:51.5

They're constantly making sure that the top of the funnel is always getting filled with new leads.

0:56.9

Because remember, when we do a deal, we're not just replacing one lead.

1:00.6

Typically, it's about we're replacing 50 leads.

1:03.2

Usually it takes about 50 leads to get one deal if you're being really proactive.

1:08.7

That's typically what it is around.

1:10.2

So your lead manager is making sure

1:12.4

that you're constantly getting new leads.

1:14.7

Next is your acquisition manager, all right?

1:18.1

This is your closer.

1:19.5

This is the person that all they do is when the timeline is short,

1:23.8

they go and they get these deals closed, all right?

1:27.3

And the way that you shorten that timeline is with your junior acquisition manager.

...

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