Tag Archives: hergenrother realty group

Why Are Real Estate Companies with Zero Profit Being Valued at Billions?

$18.6 Million. $36.4 Million. $10.7 Million. Nope, those aren’t profit numbers, or even revenue. Those are the net losses sustained by Zillow, Redfin, and eXp, respectively, in the first quarter of 2018. And yet, those three companies combined are valued at over $3.3 BILLION dollars. How? Why? Why are these real estate companies receiving massive valuations when they are not …

The 3 Key Hires You Need for Any Business

“You don’t build a business. You build people, and people build the business.” -Zig Ziglar Whether you are a sole-proprietor looking to grow your retail store, an investor looking for their next project, a CEO of a multi-million dollar conglomerate, or a small online business owner, you need people to help your business operate, grow, thrive, and survive. If you …

Why Work-Life Balance is Not a Worthy Goal

For the last few years every water cooler conversation, aspirational Instagram post,  business blog or podcast, and phone call with your mother has centered around the work-life balance debate. And yes, I call it a debate because as great as work-life balance sounds, is it really all it’s cracked up to be? Do the people who are looking for work-life …

The Art and Sport of Business

I just moved into a new home a few weeks ago. The last time I moved was about six months ago and again about six months prior to that. I’m averaging a new home about once a year right now (thank you for being awesome about that, Sarah!). So, the question is why, right? Why build a 6,000 square foot …

People Are Your Best Business Investment

I spent last weekend on a birthday adventure for my sister-in-law. We snowmobiled on the Trans-Quebec trails and stayed at a beautiful resort complete with incredible dinners and tons of spa time. This luxury resort has been in business for over 25 years and while much of it’s success is owed to the vision, execution, and business acumen of it’s …

3 Lessons I Learned in 2017

I don’t know about you all but I am fired up to be back at work. Why you ask? Because we are habitual creatures. We thrive on our habits to get us through the day. When those habits are interrupted we lose focus and can feel lost. Who else felt that way over the holiday break? I know I did …