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***WANNA TAKE YOUR BUSINESS TO ANOTHER LEVEL***When you get to the level of Wes Madden your business has to be completely dialed in in every area. Join me to hear Wes and I discuss how he built a team that sells almost a Billion dollars in real estate annually. He'll share his strategy for building a business that is a sale-able asset, talk about recruiting top talent, business operations and how to avoid the pitfalls of exponential growth. This will be 30 minutes of pure GOLD!
This episode features Wes Madden, VP of Hospital Automation for Masimo. Here he discusses the expansion of hospital automation and how it will impact care in the next 5 - 10 years. This podcast is sponsored by Masimo.
Real estate is a simple business, but the tools for success can be challenging to implement. How do we make sure we’re spending time on productive activities and not support activities? How do we develop the strength and fortitude to push through the teething issues of a new business? How do you weave core values into the team’s operations and the hiring process? On this episode, Wes Madden talks about the phases of growth his business has gone through, the attitude he applies to implementing growth strategies and the importance of core values. The implementation is where the majority of the failures come from. -Wes Madden 3 Things We Learned From This Episode How to tell if you’re doing dollar productive activities (06:18 - 08:10) There’s a difference between support activities and dollar productive activities. In order to see what you’re spending time on, break down your schedule to 15 or 30 minute blocks and write down what you did in each time block. Use different color markers to highlight if the activity was dollar productive or support. The importance of humble implementation (12:26 - 13:00 ) When you’re starting out, you have to be able to have the intentional fortitude to stick to it even when it hurts. If you stick to it enough and make it a habit. By the time it’s a part of you, you’ve forgotten how painful it was to implement. Infuse every part of the business with your core values (19:35 - 20:31) You should be relating everything back to your core values, and weaving it into the fabric of the business. Recite the mission statement before and after meetings, and make the values go beyond the office. Make sure you’re not making concessions on core values and culture fit because that can destroy the company. Success in real estate is activity based and if we have the discipline to do what we’re supposed to do, the desired result will follow. We have to be putting our time towards activities that actually make money and grow the business. Core values have to be brought into everything we do, and not just something we claim once in a while. If we follow the right steps, set up the right systems, and track everything, the effort will always pay off. Guest Bio- Wes Madden is a Real Estate agent for Scenic Sotheby's International Realty in Santa Rosa Beach, FL.
Wes Madden SUCCESS CALL ***Note: If you can not see the audio player above, REFRESH your browser and try again. . . . . To listen on iTunes, click HERE. To listen on Google Play, click HERE. To download, right click the “Download” link below and “save as” to your computer. Download FULL Running Time: […]
Everyone’s heard of the concept of creating salable brokerages, but what about salable teams? How can we cultivate leaders that are capable of guiding the team to success even if we aren’t there? How do we keep talent turnover low? In this episode, Wes Madden shares how he built a salable team and what he learned throughout the process. Be somebody that makes people feel like somebody. -Wes Madden Takeaways + Tactics Focusing on our team’s growth is a way for us to build towards stepping out of production. Our job is not personal development, but the team’s development. If we want to sell our business, we need to determine our profitability. The first step is to make a formal evaluation. This can shed some light on who’s making the most profit in the company. Our companies shouldn’t be built only on people. We also need systems and a database to keep everything together even if some of the key agents decide to leave. In the beginning of the episode, we talked about stepping out of production, creating a team that can be sold, and knowing your profit margin. We also covered: How to make agents feel like they’re part of the company, not just working for the company What the most important assets of a business are It’s not just brokerages that can be sold— teams can be too, if they have systems, a database, and loyal agents. We start building a salable team when we make our agents feel like they work for themselves and for their growth, rather than the company’s growth. When we find people who share our vision, it’s our job to share our knowledge and develop leaders instead of fearing that they might leave after we coach them. As long as we build a pleasant work environment and give people enough financial incentive, our rockstar agents will stay with us.
Wes Madden Low Appraisals 6-9-17
Wes Madden and Dar Walden are together today for a special announcement.There are many great Anchorage area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (907) 865-6404 for a FREE home buying or selling consultation to answer any of your real estate questions.You might be wondering why I'm joined by my colleague Wes Madden in today's video. We actually have some exciting news to share: The Dar Walden Team and Madden Real Estate, two of the top real estate teams in Alaska, are merging!To put that into perspective, last year we served a combined 778 clients with almost $200 million in sale volume. The best part is that Madden Real Estate will be part of the Keller Williams group, the world's largest franchise that has more than 150,000 agents and 800 offices around the world.We teamed up so that we could provide our clients with true statewide service, making us the only team that serves all of Alaska. Our website is actually your only broker-owned source for all Alaska MLS listings.We also have a worldwide referral network. If you're moving out of state, we can take care of any and all of your needs thanks to our network of 150,000 worldwide agents.The merger also adds even more horsepower to our proven marketing systems. You might already know that we have some of the most progressive and exciting marketing strategies, and our merger will let us have synergy between all of our ideas and campaigns. We also share many of the same endorsements, including Barbara Corcoran, Glenn Beck, and Gary LeVox from Rascal Flatts.“The merger also adds even more horsepower to our proven marketing systems. ”We also share a lot of core values; this whole deal simply wouldn't work if we didn't. Having a team with two people that carry the same belief system is truly an amazing thing.So if you're interested in buying or selling a home here in Alaska or you're interested in a career in real estate, just give us a call or send us an email. We'd love to hear from you!
Wes Madden Eagle Estates 5-20-17
Wes Madden Eagle Estates 5-26-17
Wes Madden Report - Autism Danielle 5-5-17
Wes Madden Report 10 Tips 4-28-17
Wes Madden Report Mike Ives and Brandon 4-21-17
Wes Madden Report - VA Appraisals 4-14-17
Wes Madden Report - Brandon and Whitney 4-7-17
Wes Madden Report - Filipino Help 3-17-17
Wes Madden with Lisa at Guild Mortgage 2-10-17
Wes talks current market and need for inventory going into the winter.
Wes Madden & Sara Smith of Yukon Title 9-2-16
Wes Madden learned from his earlier chaotic, pressure filled career flying in a MEDEVAC helicopter to plan, execute, and delegate. This has served him well in his real estate business in Fairbanks, Alaska. His goal is to do 6 hours of income producin...