GRIT: The Real Estate Growth Mindset
Business
Terrence Murphy started from very humble beginnings and worked his way up to where he is now. He first became an entrepreneur mowing lawns for residential and commercial places when he was 12. He then tried different jobs to help his family - which also taught him the value of hardwork. Eventually, he had a very successful football career and was even drafted by the Green Bay Packers in the NFL draft. Unfortunately, an injury that left him paralyzed from neck below ended his football career.
In a situation where anyone would normally just give up on their dreams, Terrence's competitive nature and skills pulled him through. When he recovered, he decided to start his career in real estate and this became his main focus and passion.
Today, Terrence is the CEO, Broker & Founder of TM5 Properties. TM5 has been a part of LeadingRE since 2016 which consists of the world’s market-leading independent residential brokerages in over 70 countries. In 2018 & 2019, TM5 was recognized in INC 5000 as one of the 5000 fastest-growing privately held small companies in the U.S.
Terrence is a visionary and entrepreneur at heart. Other ventures and companies he has started in the community or become a partner in, include: Jones and Associates Insurance, Asset Hero Property Management and many more.
In this episode, we talked about:
04:50 How Terrence managed to negotiate contract at 12 years old
06:58 The importance of grit and having a growth mindset
07:46 How to turn hardships in life into something that makes you stronger
10:17 Why Terrence referred to real estate as his new Super Bowl
14:06 Why you should never let anyone dictate what you can or cannot do
15:00 How he started in Real Estate
18:21 The value of giving back and inspiring other people
19:20 Why Terrence started his own podcast
23:14 Why you should never stop learning
25:13 How Terrence ends up with mostly high-end/luxury listings
27:13 Why you always need to be willing to fail
32:45 What is an entrepreneur’s best asset
Episode 136: How Speedy Offers Leverages Sisu for Streamlined Real Estate Operations
Episode 135: Why Quitting After a Market Crash Isn’t the Answer - With Ieasha Larkpor
EPISODE 134: Scaling Up With Beth Matthews: Four Offices, 40 Agents, and Countless Lessons
Episode 133: Automate and Achieve: Melanie Meier on Streamlining Real Estate Processes
Episode 132: Unlocking Success in Canadian Real Estate: Insights and Strategies with Kory Prince
Episode 131: Structuring Success: Systematic Approaches in Real Estate with Josh and Dani Hampton
Episode 130: Micheal St. Jean Shares The Key to Real Estate Success: Recruiting, Training, and Technology
Episode 129: Scaling Success in Real Estate: The Path to a Billion with Brett Jennings and Beth Lazar
Episode 128: Revolutionizing Real Estate: Unleashing the Power of Mindset and Client Experience with Zac Muir
Episode 127: How Leveraging Your Systems Can Double Your Business Every Year with Erin Catron and Heather Lens
Episode 126: The Next Evolution of the Traditional Brokerage with Winston Murray
Episode 125: Revolutionizing Rental Investing Through Technology with Johnny Wolff
Episode 124: Powerful Lessons From Surviving Cancer to Becoming an Elite Entrepreneur with Josh Cantwell
Episode 123: Building a Successful Team By Pouring Into People with Jake Rockwell
Episode 122: Using Technology to Get Back to the Human Side of Business with Justin Benson
Episode 121: Powering the Real Estate Industry Through Building Wealth with Brett Tanner
Episode 120: What it Takes to Become a Million-Dollar Listing Agent with James Harris
Episode 119: What it Means to be a Team-Centric Brokerage with Ron Rocz
Episode 118: Maximizing Your Potential And Gearing Up To Excel In Real Estate With Ryan O’Neill
Episode 117: From an Agent’s Assistant to a Successful Team Leader with Trey Willard
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Commercial Edge: Unleash the Power of People
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money