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Why 92% of Brokers Fail (And What Investors Should Learn From It)
Manage episode 502720371 series 2439884
What does it really take to build a business that lasts, whether in real estate or any other industry? In this episode, Joe Killinger, Founder of Pono Asset Management and Partner at Commercial Brokers International, shares the frameworks, lessons, and mindset shifts that helped him grow multiple companies to multi-million-dollar revenues in record time. From the discipline of daily consistency to the importance of relationship-driven business, Joeโs experience offers practical insights for anyone serious about long-term success.
Key Takeaways:
- Why consistency and daily structure are the foundation of scalable success
- How knowing your market better than anyone else creates a competitive edge
- The evolution of relationship-building in the digital age and why personal interaction still matters most
- What the influx of private equity โdry powderโ could mean for commercial real estate activity and pricing
- The challenges of high turnover in the brokerage industry and how better training can change the outcome
- Why passive investors should always vet sponsors, brokers, and operators thoroughly before committing capital
- The most valuable lessons Joe has learned wearing multiple hats as a broker, investor, founder, and operator
Guest Info:Joe Killinger is the Founder of Pono Asset Management and a Partner at Commercial Brokers International. He is also the founder of the WIRE Foundation and a board member at the Education Advantage Foundation.
Website: joekillinger.co
YouTube: Joe Killinger
Email: [email protected]
Timestamps
00:00 Introduction and Overview
00:32 Meet Joe Killinger: Background and Career
01:40 Secrets to Success in Real Estate
07:40 Evolution of Relationship Building in Real Estate
14:05 Challenges and Turnover in the Brokerage Industry
21:29 Lightning Round and Final Thoughts
Are you REady2Scale Your Multifamily Investments?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Credits
Producer: Blue Lake Capital
Strategist: Syed Mahmood
Editor: Emma Walker
Opening music: Pomplamoose
*๐๐ญ๐ถ๐ฆ ๐๐ข๐ฌ๐ฆ ๐๐ข๐ฑ๐ช๐ต๐ข๐ญ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ฐ๐ฑ๐ฑ๐ฐ๐ณ๐ต๐ถ๐ฏ๐ช๐ต๐ช๐ฆ๐ด ๐ข๐ณ๐ฆ ๐ฐ๐ฑ๐ฆ๐ฏ ๐ต๐ฐ ๐ข๐ค๐ค๐ณ๐ฆ๐ฅ๐ช๐ต๐ฆ๐ฅ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฐ๐ณ๐ด ๐ฐ๐ฏ๐ญ๐บ. ๐๐ฉ๐ช๐ด ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ข๐ฏ ๐ฐ๐ง๐ง๐ฆ๐ณ๐ช๐ฏ๐จ ๐ต๐ฐ ๐ด๐ฆ๐ญ๐ญ ๐ข ๐ด๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐บ ๐ฐ๐ณ ๐ข ๐ด๐ฐ๐ญ๐ช๐ค๐ช๐ต๐ข๐ต๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ด๐ฆ๐ญ๐ญ ๐ข ๐ด๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐บ. ๐๐ญ๐ฆ๐ข๐ด๐ฆ ๐ค๐ฐ๐ฏ๐ด๐ถ๐ญ๐ต ๐ธ๐ช๐ต๐ฉ ๐บ๐ฐ๐ถ๐ณ ๐๐๐, ๐ข๐ต๐ต๐ฐ๐ณ๐ฏ๐ฆ๐บ, ๐ข๐ฏ๐ฅ/๐ฐ๐ณ ๐ฑ๐ณ๐ฐ๐ง๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ๐ข๐ญ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ด๐ฐ๐ณ ๐ณ๐ฆ๐จ๐ข๐ณ๐ฅ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐ด๐ถ๐ช๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ฐ๐ง ๐ข๐ฏ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ฃ๐บ ๐บ๐ฐ๐ถ.
Learn more about your ad choices. Visit megaphone.fm/adchoices
490 episodes
Manage episode 502720371 series 2439884
What does it really take to build a business that lasts, whether in real estate or any other industry? In this episode, Joe Killinger, Founder of Pono Asset Management and Partner at Commercial Brokers International, shares the frameworks, lessons, and mindset shifts that helped him grow multiple companies to multi-million-dollar revenues in record time. From the discipline of daily consistency to the importance of relationship-driven business, Joeโs experience offers practical insights for anyone serious about long-term success.
Key Takeaways:
- Why consistency and daily structure are the foundation of scalable success
- How knowing your market better than anyone else creates a competitive edge
- The evolution of relationship-building in the digital age and why personal interaction still matters most
- What the influx of private equity โdry powderโ could mean for commercial real estate activity and pricing
- The challenges of high turnover in the brokerage industry and how better training can change the outcome
- Why passive investors should always vet sponsors, brokers, and operators thoroughly before committing capital
- The most valuable lessons Joe has learned wearing multiple hats as a broker, investor, founder, and operator
Guest Info:Joe Killinger is the Founder of Pono Asset Management and a Partner at Commercial Brokers International. He is also the founder of the WIRE Foundation and a board member at the Education Advantage Foundation.
Website: joekillinger.co
YouTube: Joe Killinger
Email: [email protected]
Timestamps
00:00 Introduction and Overview
00:32 Meet Joe Killinger: Background and Career
01:40 Secrets to Success in Real Estate
07:40 Evolution of Relationship Building in Real Estate
14:05 Challenges and Turnover in the Brokerage Industry
21:29 Lightning Round and Final Thoughts
Are you REady2Scale Your Multifamily Investments?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Credits
Producer: Blue Lake Capital
Strategist: Syed Mahmood
Editor: Emma Walker
Opening music: Pomplamoose
*๐๐ญ๐ถ๐ฆ ๐๐ข๐ฌ๐ฆ ๐๐ข๐ฑ๐ช๐ต๐ข๐ญ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ฐ๐ฑ๐ฑ๐ฐ๐ณ๐ต๐ถ๐ฏ๐ช๐ต๐ช๐ฆ๐ด ๐ข๐ณ๐ฆ ๐ฐ๐ฑ๐ฆ๐ฏ ๐ต๐ฐ ๐ข๐ค๐ค๐ณ๐ฆ๐ฅ๐ช๐ต๐ฆ๐ฅ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฐ๐ณ๐ด ๐ฐ๐ฏ๐ญ๐บ. ๐๐ฉ๐ช๐ด ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ข๐ฏ ๐ฐ๐ง๐ง๐ฆ๐ณ๐ช๐ฏ๐จ ๐ต๐ฐ ๐ด๐ฆ๐ญ๐ญ ๐ข ๐ด๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐บ ๐ฐ๐ณ ๐ข ๐ด๐ฐ๐ญ๐ช๐ค๐ช๐ต๐ข๐ต๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ด๐ฆ๐ญ๐ญ ๐ข ๐ด๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐บ. ๐๐ญ๐ฆ๐ข๐ด๐ฆ ๐ค๐ฐ๐ฏ๐ด๐ถ๐ญ๐ต ๐ธ๐ช๐ต๐ฉ ๐บ๐ฐ๐ถ๐ณ ๐๐๐, ๐ข๐ต๐ต๐ฐ๐ณ๐ฏ๐ฆ๐บ, ๐ข๐ฏ๐ฅ/๐ฐ๐ณ ๐ฑ๐ณ๐ฐ๐ง๐ฆ๐ด๐ด๐ช๐ฐ๐ฏ๐ข๐ญ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ข๐ฅ๐ท๐ช๐ด๐ฐ๐ณ ๐ณ๐ฆ๐จ๐ข๐ณ๐ฅ๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ ๐ด๐ถ๐ช๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ฐ๐ง ๐ข๐ฏ ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ฃ๐บ ๐บ๐ฐ๐ถ.
Learn more about your ad choices. Visit megaphone.fm/adchoices
490 episodes
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