Tips for Making a Business Partnership Work with Tim Winfrey – Episode #386
My guest today is Tim Winfrey, and we are going to dive into tips for making a business partnership work. Becoming and staying successful business partners is no easy task, but he has successfully navigated this process.
Tim co-hosts the Freedom Chasers Podcast and that’s how we met. He is also a real estate broker, marketer, and BPO expert. Tim has completed over 100 fix and flip projects and has managed the repairs of an additional 50+ REO homes. He currently manages a team of 5 agents as the Broker/Owner of 1st Class Real Estate Great Lakes.
[00:01 – 07:42] Opening Segment
- Tim shares his background and entrepreneurial journey
- A real estate broker, marketer, and BPO expert
- It is crucial to have a partnership agreement in place before starting a business together
[07:43 – 14:29] Keeping a Business Partnership on Track
- What's the most important aspect of partnerships
- How Tim and Matt use their strengths and weaknesses to create a successful product
- Communication between partners is essential to keeping everyone on track
[14:30 – 21:47] How to Avoid Partnership Failures
- Partnership failures are often due to disagreements, miscommunication, and not knowing each other well enough
- The great advantages of doing a podcast
- Marketing as an investor vs marketing as a realtor
[21:48 – 29:39] Closing Segment
- Why wholesaling is a preferred way to get retail leads for realtors
- Define the problem defining and then provide a tailor-made solution
- Keeping the agency relationship defined and in writing is key to avoiding confusion with the seller
Connect with Tim on Facebook, or call his business line at (630) 273-7363.
- The Freedom Chasers Podcast
- 1st Class Real Estate Great Lakes
Want to Learn More?
Or you can send me an email at email@example.com
If you liked my show, please LEAVE AN HONEST REVIEW, like, and subscribe!
Here's Your Video – Tips for Making a Business Partnership Work with Tim Winfrey – Episode #386
Rather watch? You can do that here.
Thanks for Listening to the Show!
I would really love to hear from you. Please leave a note in the comments section below. And, if you enjoyed this episode, please share it on social media using the social share buttons below.
Please Subscribe and Review on iTunes… Here's How You Do That
> Click here to leave a review. Once you're on Apple podcasts, click “listen in iTunes.” Then select “Ratings and Reviews” and “Write a Review”. Let me know what your favorite part of the podcast is. Thank you!
If you want to find out how you can work with me, you can do that by clicking here. Learn specific strategies for building your brand and creating more effective marketing for your business.
To learn how to to become the go-to probate expert in your area Just click his link.
Have you gotten your freebies and subscribed to the blog? If not be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever!