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I'm doing it...I'm starting a business


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Some of you may have seen in the job bitching thread last week where I said that my old boss's old team lead, Mimi, called me to get permission to share my number and also to tell me that I should go into business for myself. Mimi's suggestion surprised me, but it's not like I haven't let the idea live rent-free in the back of my mind for years anyway. Within 2 days of her phone call, I'd set 2 appointments with real estate agents who want my help. 

It's been a whirlwind of anxiety and excitement and downright fear. But I'm going to do this. I'm going to start my own company helping real estate agents get organized and establish sustainable and scalable systems before they have need of full-time assistance (and some even after they've hired this assistance). Every single job posting I see for the operations side of real estate includes something along the lines of "develop and implement systems and processes for the business and create an operations manual" at the very top of the job duties list. The rest is generally routine administrative work that's only really possible (or simple) once systems and organization are in place. This is why I only worked for the last 2 agents for 6-7 months. That's about the amount of time it takes for me to organize, develop systems, train the agent in them, and then for them to realize they don't have a need for me to maintain what I'd built because what I'd built works really well. So instead of going through this several more times or finding a position with a more established team, I'm going to keep my flexibility and just do that for agents.

On Monday, I made a trip into the NW Austin Keller Williams office to meet one agent who wants my help. She's now under contract. And while I was there I was introduced (by Mimi's assistant) to another agent who actually looked at me all wide-eyed and asked if I was "The One" (with much reverence). I told him that I definitely was The One (because when someone asks you if you are a god, you say "yes"!), and shared my number with him. I had a free 30 minute consultation with him yesterday, and he booked me for a longer (paid!) consultation early next week where I'm supposed to check out all of his systems and give him a proposal for how I can fix them and train his brand-new assistant (who doesn't have any administrative or real estate experience). I also have a Zoom consultation next week with yet another agent who has a full-time assistant who just needs a bit of training and for me to set up a few systems for them. :eek:

I'd love for this to be a brag thread, but it's not because I AM FREAKING RIGHT THE FUCK OUT Y'ALL!!! How in the hell did I convince 3 different people that I know what I'm doing and that I can help them?? What am I going to do now? If I really sit down to think about it, I know I can do all the things I said I could - I have done them for myself or other employers. But how do I do it for them?? 

I already feel like I'm in over my head and I haven't even really begun to do anything yet. And don't get me started on pricing. I have no idea how to charge people yet. So far I've just offered an hourly rate that's my base rate for employment, so I already know I should have gone higher but then I feel bad for charging too much. 

Anyway. I'm calling it Realty Operations System Enhancement, or ROSE for short. I'm filling out paperwork for an LLC so I can pay myself like a regular employee and buy this house. And I need to figure out how that works. I bought the domain RoseATX.com, so now I need to figure out how to make a website. 

I'm so scared though. Just...absolutely terrified. And I don't really know of what. 

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Believing in yourself is terrifying, because most of us spend our lives learning that we’re failures and can never be good enough. But you’re not a failure and you are good enough to do this and succeed!

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I think you will be fabulous. Just make sure you charge what you are worth!

I love that your job is literally working yourself out of a job. My husband automates so much stuff at work because after he's done something once or twice he's like this needs automated. It really pisses people off because they want to sit back and do the same thing over and over because it requires no thought. He can't stand that and I'm pretty sure you're the same way!

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I don’t even remotely understand what you are doing, but I like systems and patterns and you are very excited about me so go do it.

 

edit: sorry I’m high

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This week I met with the 2 agents I wrote about. Both meetings went rather well. 

I'm starting to get a better handle on pricing. Most of it is mindset on my part. I'm trying to get over thinking about pricing in terms of my time but rather in terms of my experience and expertise and the value of those to others. It's really hard. Like...really really hard. 

And I have so much work to do on the front end here to create my own systems and workflow plans. Otherwise I'm going to be crazy overwhelmed crazy soon. 

 

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