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Showing posts from August, 2020

29A – Venture Concept No. 2

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  Opportunity:  The opportunity I'm bringing out to market to my customers is an opportunity that assets them with all of their retail real estate needs whether that be selling single tenant net lease properties or grocery anchored shopping centers in the southeast. The customers who have the need are broken up into two categories:  1. a company that is looking for retail space to expand their company or 2. an investor who is looking to either sell or buy grocery anchored shopping centers in the southeast which includes Florida, Alabama, North Carolina, South Carolina, Virginia, West Virginia, Mississippi and Tennessee. The for and changes in the environment creating this opportunity is without a doubt the climate we are in regarding the global pandemic. As it pertains to shopping center owners, tenants are leaving temporarily due to not being able to pay rent which decreases their property value. Meanwhile, there are shopping center investors who have given their tenants...

30A - Final Reflection

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1. Over the semester, I have certainly had my high's and low's as they pertain to starting my business. The most exciting part of this journey was learning the ins and outs of retail leasing and sales. The worst part about the experience was cold calling. I say this because most of these owners are busy and don't want to talk to you; they often get cold called by other brokers frequently which makes it harder for them to want to talk to me.  2. The most formative experience was learning how to bob and weave through a cold call. I learned a lot about how to uncovers an owners motivations, listen for windows of opportunity and conditionally close on the call. The most joyous part of this journey was winning business over other competing business by utilizing the skills I learned in class. I'm most proud of starting this business from scratch and turning it into a money making machine (in the future.) 3. As we wrap the semester, I am proud to have developed an entrepreneur...