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.
Michael (IS: THE VOICE)
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?
That’s odd … I always thought that I was “The Ears” because my wife Diane keeps telling me to listen 🙂
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.
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.
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.
Is it possible to get what Pam has said in a transcript, so I may share it with my agents?
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
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
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.
Exceelent interview. Pam knows her stuff. Sales people who fail to plan, plan to fail. Tommy Hopkins.
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!
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.
Is it possible to get what Pam has said in a transcript, so I may share it with my agents?
Greetings Steve,
Unfortunately I don’t have any transcripts that correspond to the video I publish however if you would like one I could have it arranged. The gal that does my audio interviews charges roughly $/transcribed minute.
Option 2 would be to contact Pam directly and ask what materials she could possibly send you:
Pam@RealEstateGuidance.com
Hope that helps Steve.
All Good Wishes,
michael