Create a Self-Sustaining Business-with Dewey Golub-EP73

During this episode of the Lab Coat Agents Podcast, host Jeff Pfitzer speaks with Dewey Golub, a real estate professional who owns multiple businesses and enjoys a fun, active lifestyle. Dewey shares about the choices he made to create a business that is self-sustaining so that he can prioritize travel and enjoy spending time with his family. Episode Highlights:  Dewey Golub began his career in marine biology. He was a divemaster that got into yachting and went from yachting to real estate. His main business is residential real estate but he also has a single-family investment business and a Matterport services company. Dewey tells the story of how he found his Matterport producer on Upwork.  Dewey shares how he spends his year skiing and traveling with his family.  When they travel, Dewey generally works for a few hours before his family gets up. Then in the middle of the day he'll take calls. He will then work for a few hours at night. Some real estate agents don't have the resources to live this kind of lifestyle. Other agents have the resources to enjoy this kind of lifestyle but don't have the time. Dewey started his real estate team because he was having his first child and wanted more freedom. A team can function as a communal leverage system. His team doesn't work for him, he works for them. He feels that his team could only feel negative about him if the team wasn't delivering on the promises they made. When Dewey built his team he started with a coach. He hired an admin first.  His next hire was a buyer's agent he found on Craigslist.  A lot of agents have a hard time letting go and giving tasks to other people. Sometimes you need to be disciplined as a leader and cut people loose when they're not a fit for your team. If you want to retain agents, create opportunities. Not everyone is built the same or wants to do the same thing. Dewey talks about how he approached the first few weeks of the pandemic. Dewey reflects on what he has learned about culture from studying teams around the nation. People with similar values gravitate towards each other. Not everyone wants to buy a Matterport, but everyone will have a need for that technology. He feels passionate about how to use content as the new lead generation and marketing platform in real estate. The opportunity to invest in real estate is right at your fingertips. 3 Key Points: If you want to create a self-sustaining business, you need a team of like-minded individuals to support you.  The key to retaining agents is to create opportunities. People with similar values gravitate towards each other. Resources Mentioned: Lab Coat Agents website, Facebook, Facebook Group, Twitter, Instagram Dewey Golub Facebook, Instagram Email dewey@foundpropertiesgroup.com  Found Properties website, Facebook, Instagram