Ep 55: [Donovan Ruffin] $7 Million in Real Estate Last Year Doing THIS

Want to know how to make a million dollars in real estate? On this podcast episode, Donovan Ruffin talks about how he started his real estate by himself, grew it to over 40 employees, and why he scaled back down to 11 employees bringing in over $7 million last year.  Check it out! Timeline: 0:00 Prelude 0:10 Introduction  2:06 About Donovan Ruffin 4:03 How Did You End Up in the Real Estate Industry? 7:30 How Important is Marketing in Wholesaling? 9:28 How Long Did It Take to Get Your First Hire? 11:27 Who Was Your First Hire? 11:52 What Type of Revenue was Coming in After the First Hire? 13:02 How Many Employees Do You Have Right Now and How Long Did It Take To Get There? 15:27 Are they All In-house? 15:45 What Were Some Obstacles You Faced? 18:12 Step By Step Process On How to Hire and Lead the Right Way 20:23 Are You Running Personality Tests? 22:27 Are You Paying By the Hour or Commission? 22:43 How Do You Know Who’s the Right Person for Certain Positions? 24:40 What Is a Simplified Way to Get Your First Hire? (Step by Step) 26:51 How Much Should a New Investor Put Into Market Dollars? 28:17 How Many Offers Are You Making to Get 1 Deal? 32:05 Do You Schedule Weekly Team Meetings? 33:54 How to Get In Touch with Donovan? 35:23 Last Words for Growing Your Business 36:40 Recap and Closing Comments