Pam Ermen – 5 Point Business Plan
Episode # 64: Pam Ermen and michael krisa on The 5 Point Business Plan.
There is an old saying that goes something like this: If you don’t work your plan .. your plan is to fail.
Well Pamela Ermen has made it her mission to help Realtors formulate and execute a business plan so that the odds are in their favor NOT to fail.
Pam is the Author/Creator of two well defined training series, specific to real estate business planning and the dynamic growth of real estate teams. She has been a Senior Instructor with the REALTOR Institute for over 10 years and was selected as the 2006 “Real Estate Educator of the Year” for the state of Virginia. She is also President of Real Estate Guidance, Inc., which oversees her personal coaching and training opportunities. Most recently, Pam was selected to join the National CRS Cadre, training Realtors nationwide on the importance of Business Planning for the Real Estate Professional.
Here are a few of the topics Pam shares in this video:
- The SWOT Method of Business planning
- The 5 Step Business Cycle
- What keeps you going in a tough market?
- Identifying the opportunities in any market
- and much, much more.
Enjoy this video and please be sure to leave your comments below.
All Good Wishes,
michael krisa
Be sure to check out the other videos available by clicking here.
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14 Comment(s)
By Sharon Stage on Jan 26, 2010 | Reply
Michael (IS: THE VOICE)
By Christine Hannah on Jan 26, 2010 | Reply
Life budget, built purpose and passion into it, defining your sources of sales, assesses opportunities and threats, way to advertise your business,,example 203K.
Why? What to do? When? What’s the budget? What do I want to spend?
By Michael on Jan 26, 2010 | Reply
That’s odd … I always thought that I was “The Ears” because my wife Diane keeps telling me to listen
By David Tedesco on Jan 26, 2010 | Reply
Sharon did a great job in 3 minutes giving us a great overview. I haven’t heard of SWOT before and learned something new! Thanks for the interview.
By Mike Montpetit on Jan 27, 2010 | Reply
Very timely. In the Raleigh, NC area we have 25% fewer agents and 40% fewer home sales since 2007. Having a business plan to survive and thrive is absolutely critical.
By Marybeth Mills Muldowney on Jan 27, 2010 | Reply
Always a winner combining passion and purpose in your planning. I think I can use the SWOT in all areas of my life, thanks for the info.
By Jerry Butterbrodt on Jan 28, 2010 | Reply
Is it possible to get what Pam has said in a transcript, so I may share it with my agents?
By Michael on Jan 28, 2010 | Reply
Hey Jerry,
I don’t have transcripts for the videos but you have my permission to have it done.
You could try http://iDictate.com
All Good WIshes,
michael
PS. Transcripts are available as well as the MP3’s for other interviews at http://RealEstateUnplugged.com
By Joe Gomez on Jan 28, 2010 | Reply
Great points. It’s always better to act than to react and it appears Pamela is a strong advocate of that tactic.
http://bit.ly/9ancLf
Joe Gomez
By Paul Miranda on Jan 28, 2010 | Reply
Take notes when watching and strucure a two page detailed reference and Q.and A. guide to answer and put the plan ito action! Then pass out amongst your office and colleagues. Nothing comes without putting in the effort…she gave you the resources; now make the tools to put them into action! I did and it only took but 10 minutes! Send me your email and I can forward you what I put together.
By Mark Leader on Jan 29, 2010 | Reply
Exceelent interview. Pam knows her stuff. Sales people who fail to plan, plan to fail. Tommy Hopkins.
By Jennifer Shahan on Feb 1, 2010 | Reply
Dear Mr. Miranda,
I would love to receive a copy of what you put together regarding the q & a and any other notes or ideas you added to Pam’s information. Thank you for sharing this.
Jennifer
(the website address is for my other business, I also sell real estate, in case you are wondering why I put that web address – don’t have real estate site anymore.)
By Michelle Sharpe on Feb 4, 2010 | Reply
Great interview, and same principle applies to all in sales. I will be sharing this with my network as well. This market can get us down if we let it!
By Catherine Sawatsky on Feb 6, 2010 | Reply
Tis is a great video, I am setting up my goals right now to put my business plan together. Probably need more help. It’s a big job.