Ep. 217 How Real Estate Agents Get RICH

The only podcast in the world for real estate agents BY active real estate agents, specifically to help REALTORS®️ who are STUCK at 5 transactions a year, get to 20+.Considering switching brokerages to a brokerage that will help you SCALE and run a TRUE business machine? Join us. 🔥🔥Already know you want to join us? Join our community of 180+ agents🔥🔥👉🏽Name Ali as your sponsor: https://alexandragarced.exprealty.careers/👉🏽Name Shelby as your sponsor: https://shelbyjohnson.exprealty.careers/ 🔊(YOU GET ACCESS TO BOTH OF US if you name Ali as your sponsor)🟪Still need some more info on what it looks like to join us at Five Pillars, eXp Realty?👩🏽‍💻Schedule a call with Us! https://bit.ly/PrivateZoomwithAliWelcome to The Agent Goldmine with Ali & Shelby! In this another solo episode, Ali breaks down exactly how she allocates every real estate commission check using principles from the book Profit First by Mike Michalowicz. If you’ve ever wondered how top agents handle inconsistent income without burnout, this episode gives a practical framework on the following:why real estate agents need a financial systemthe “Profit First” framework explained simplysetting up multiple bank accounts for disciplineallocating money for taxes and avoiding surprisesbuilding a profit/fun account for rewards and motivationinvesting in index funds and rental propertiesmanaging business operating expenses properlypaying yourself consistently as an agenthow to avoid lifestyle inflation and burnoutsimple steps agents can take today to improve financesListen now to learn how to manage your commission checks like a true business owner and start building long-term wealth as a real estate agent. 🎧Snag the Golden Nuggets from this episode!https://www.theagentgoldmine.com/🧠 Superhuman helps us TREMENDOUSLY with email. You'll save HOURS every day. Try it here, we promise you won't regret it: 🧠 http://try.sprh.mn/aligarced🧠http://try.sprh.mn/shelbyjohnsonThe Agent Goldmine Merch! Go here: https://www.teepublic.com/user/apparel-for-agents/crewneck-sweatshirt Be a bro, share the show + hit us with a 5-star review!https://open.spotify.com/show/28ACkTsMbVkHxEwD9Z9qUChttps://podcasts.apple.com/us/podcast/be-more-show-for-agents/id1682543343 https://www.youtube.com/channel/UCmYXUbR8lqRia72sE2Abncg?sub_confirmation=1  Hang with Us! Ali’s IG: https://www.instagram.com/Ali_The_Agent/   Shelby’s IG: https://www.instagram.com/TheShelbyShow__/ Resources and LinksICON Program Overview:  https://drive.google.com/file/d/1CuoM5rtkCO92xU72Xw71r_aPUmW6nKdc/view Team Leader Academy: https://expelevatecoaching.com/exp-team-leader-academyProfit First by Mike Michalowicz https://mikemichalowicz.com/profit-first/