Real Estate Mastery Sept. 2013 | Page 15

6 Steps to Real Estate Mastery Stabilization Phase 4 Most business people spend years trying to get to this stage. There are three obvious reasons why people Fail to Stabilize: 1. They fail to create a plan – Formulate 2. They quit to early – Concentrate 3. Their ego is too big or they become overwhelmed – Momentum Killer Because we know why people fail, we should be able to reach this phase easily. The Stabilization Phase is where you will spend a lot of your time. This phase could last 6 months 3 years depending on how much you are looking to grow your business. Stabilization is where you: 1. Have systems in place that allow you to effectively manage your current level of business. a. A lot of your old systems are now automated. b. You may have had to add a staff member to assist in keeping the business organized. c. Delegation becomes important – You can no longer control everything. ©2013 All rights reserved. 15