342: Mike McCarthy | Building a Real Estate Empire

Mike McCarthy is the author of “Tribe of millionaires”, Co-Founder of GoBundance, and the regional owner of Keller Williams. His brokerage has over 9,000 agents with over 50 locations and is projected to do over $15 billion in real estate transactions this year. He shares about the consequences of not networking and the recipe for true/lasting transformation.

 

Episode Highlights:

 

  • Mike’s background as an s.o.b and journey into real estate.
  • Entrepreneurship: Born or Bred?
  • Instilling the entrepreneurial spirit in others.
  • The vision and purpose of FamBundance.
  • Why the path of entrepreneurship went through college.
  • The path after college: assisting in dad’s business.
  • Was College helpful?
  • What it takes to be a leader.
  • The importance of continuous learning.
  • Why it’s critical to be around the “right” people.
  • Who you know or what you know?
  • The consequences of not networking with the “right” people.
  • The ideas and concepts in the book “Tribe of Millionaires.”
  • The 6 effects of getting around the “right” people.
  • Mike’s favorite “effect”: Authenticity
  • The Random Round: a quick-hit question and answer session.

 

3 Key Points:

  1. It’s critical to always be learning and willing to change as a leader.
  2. It’s important to be around the “right” people as you learn and grow.
  3. The effect of authenticity generates true connections to impact real change.

 

Tweetable Quotes:

 

“You’re never really ready to lead, you always have to be willing to change as a leader” – Mike McCarthy

“Who you know teaches you what you know.” – Mike McCarthy

“I know that I would not be where I am today without the support of these guys.” – Mike McCarthy

Resources Mentioned:

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