Jan 03 2024 49 mins
What if there was a way to transition your business to a virtual model, enabling you to travel and experience the world while still reaping substantial income? Our guest today, Mike DeHaan, a successful entrepreneur, quite cleverly accomplished just that, going from zero to hitting six figures within just a few months. His journey of transforming his business is nothing short of inspiring, from grappling with the sales side of things to striking his first real estate deal and triumphantly hitting his first six-figure month.
Mike's secret sauce to success is his unique approach to hiring and incentivizing a sales manager. His fearless decision to bring on board someone with no real estate experience was a daring move that surprisingly paid off. Join us as we explore how a simple shift in compensation strategy boosted his sales team's motivation, leading to unprecedented business growth. Not stopping there, Mike elaborates on how he expanded his business reach by strategically partnering with individuals in different markets, effectively spreading out his business risk.
On the marketing front, Mike stresses the importance of retargeting and investing in high-quality mailers as opposed to mass spamming. We also dive into his innovative approach to wholesaling, offering an intriguing blend of wholesale and retail deals. Balancing business success with the freedom to travel, Mike has built a thriving remote business that generates hundreds of thousands of dollars each month. Get ready for some actionable insights on how you can follow suit!
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