Storage Wins EP412: How "King Khang" went from High School Dropout, to Million Dollar Virtual Wholesale Business
Khang Le is a Vietnamese immigrant and dropped out of high school to open up a small business. Through incredible hard work and dedication, Khang got introduced to wholesaling and has been virtually wholesaling ever since. With a team of 8 VAs, Khang shares how he makes his business work virtually (with little overhead) on this week's episode!
Key Takeaways:
- Khang grew up in Vietnam and shares his story.
- What do people need to know about being successful with sellers on the phone?
- It's critical to word things just right so that you frame it as you and the seller against the world.
- How do you build rapport with the seller? You need to listen!
- Khang breaks down the types of people on his team and their roles.
- Khang always gives an offer on the property the next day, unless it's a hot lead and then those guys would get an offer on the same day.
- How does Khang train and hire his VAs?
- VAs are not cheap if you don't train them properly to detect the right deals!
- It's so important now than ever to have a simple and tightly-run business.
- Your VAs need accountability. They might be 'cheap', but you could be losing serious $$$ if you don't train them properly.
- It's critical to have someone to audit the calls and to help your team get better.
- There's money sitting in your CRM!
- What is Khang's sales process? He doesn't believe in aggressive selling.
- What advice would Khang give his younger self?
- What do people need to know about documenting their journey on social media?
Mentioned in This Episode:
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Recommended Service: Khang's VA Service - Use Promo Code: flipempire
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.. Tweetables:
"If you want to pick the perfect employee, it's really hard, it's all through trial and error."
"We keep our business tight. Simple and small. No overhead or office.."
"VAs are not cheap. If you don't train them right, they cost you a lot of money."
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