How does RE Luxe Leaders Membership work?
We have built our framework on the three distinct stages of growth. As luxury advisors, we can give you what you need to know now. As well as, what we know you’re going to need next as your business grows. We are a combination of consultants, educators and coaches. But really, we are your well connected friend who can see into the future in ways others can’t. We keep you positioned ahead of the curves and your competition. It all starts with the end in mind.
Success – Stability – Salability
The RE Luxe Leaders Members keys to long term growth.
The RE Luxe Leaders Members Definition of Success
The first stage is to focus on success.
Here’s a secret no one tells you, the financial success of your business has little to do with your intelligence. It also has little to do with how good of an operator you are. What matters is whether you understand the business of running a business. Until you learn how to build and manage a business, you’re going to struggle. You’re working way too many hours, make way too little money, and will soon find yourself miserable and burnt out.
We work with each of our Clients to define your goals, dreams and vision. We then work hand in hand with you and your team to get you from where you are now to where you want to be. You’ll learn how to sidestep common mistakes that hold many back. You will learn how to attract the clients and staff you actually enjoy working with. You’ll learn how to make more money, have more fun and live an incredible life in the process.
First, we determine what the revenue number is that you need to live the life you want. Not the life you are settling for, but the one where your kids can go to any school they want. It’s the amount you need to buy your dream house, and take a real vacation. Then we make a plan for your business. It is uniquely yours, for your brand, for your goals and for your market.
The plan ties to performance, metrics and goals. We build it with experienced outside CEO’s, COO’s and CFO’s. Each with decades of experience working with the most successful and most profitable organizations in the luxury space.
All you have to do is commit to the goal, and get to work. We are unapologetic in our drive to see you become wildly successful. To achieve your dreams, and see the fruits of your labor and investment harvested in spades.
The RE Luxe Leaders Members Definition of Stability
The second stage of focus is on building stability. This takes your business into a strategically leveraged, systems based, business. A business that consistently generates 20% more than your annual EBITA (Profit) needs. Our test for stability is whether you can take off three months, without your cell phone, and come back to a thriving business. To make this leap, this is going to take some systems, support and adding new skill sets.
But the challenge you’re likely facing in this stage is how to turn your practice into a business. Right now, your practice is heavily dependent on you. If you went on vacation for three months days, your practice would grind to a halt. In this stage, you’ll learn how to create a business with systems in place that will allow your business to thrive, with or without your day to day effort.
Upgrading your practice into a business allows you to work reasonable hours. It allows you the flexibility to spend time with your family. It gives you the opportunity to take vacations without worrying about what’s happening in the office. Ultimately, it allows you to make more money and have a better quality of life doing it.
The RE Luxe Leaders Members Definition of Salability
Once the business is successful and stable, we turn our focus to legacy value. This is where you can start scaling back on your own personal effort you are spending in the business. The key here is not that you want to sell your business, but rather that you have structured it so you can.
Very few in the business of luxury real estate will ever achieve this stage. Here is where we start transcending success and getting into significance. You’ve got money, time and can tap into new revenue sources. This is where you can expand your business into new markets and capture unexpected revenue streams. Imagine expanding and growing without sacrificing like you did in your early days. You can live any life you choose to live. This is the rarified air where the elite live.
We believe Luxury demands and deserves a unique approach.