Creating Massive Success by Failing First, with Cyrus Mohseni- EP 140

2022-05-30

On this episode of the Real Estate Fight Club Podcast, Jenn and Monica are going to duke out over "Is real estate just as easy as a game of soccer?" Today a very special guest, Cyrus Mohseni will share how he got into the real estate business and how to create massive success by failing first. A lot of people think that if you are going to get into real estate, you are not going to fail, but Cyrus talks about the actual reality of real estate. Tune in. Episode Highlights: When you hear Cyrus' back story, you will understand the power of what ...

On this episode of the Real Estate Fight Club Podcast, Jenn and Monica are going to duke out over "Is real estate just as easy as a game of soccer?" Today a very special guest, Cyrus Mohseni will share how he got into the real estate business and how to create massive success by failing first. A lot of people think that if you are going to get into real estate, you are not going to fail, but Cyrus talks about the actual reality of real estate. Tune in.

Episode Highlights:

When you hear Cyrus' back story, you will understand the power of what he learned through the process and having great success in real estate.
There are a lot of correlations or lessons learned while Cyrus was playing professional soccer that have translated to his career. As a real estate agent, he suggests to give the audience an idea of your production and your world and be relatable with your lessons learned.
Cyrus is a part of the National Association of Realtors under 30. He is in the Forbes Real estate council. He got the 7th seal award from the US Department of Defense for supporting veterans, it's one of the fastest growing countries in the world.
Cyrus had failed a lot of the times, but he also had success really fast. People talk to him about business, not only real estate. The reason his business has been successful in such a short amount of time is because he has taken the opportunities that have come his way.
Monica asks Cyrus where he learned to process failure.
Cyrus never really liked school; He actually hates school but loves learning.
Cyrus shares his mindset around tough circumstances and how he will learn a new lesson, and he will just move on and do something bigger.
If someone else is trying to teach you something, you have to be able to accept that you could be wrong.
Failure is a good thing. So take your ego out of it, and know that it is ok to be wrong. And then you will realize you are wrong most of the time but that makes you right.
Cyrus has learned to process failure. He suggests starting quickly and learning from your failure.
There are a lot of people in this industry that visualize, they are amazing. But they are horrible at mapping it up. They just break down at the mapping out. But then you have people that can't visualize but are great at mapping things out. It wasn't the people that did their business plan, and they didn't even have it. They don't know what their end goal is. They don't know. That is the difference.
A lot of people get stuck in visualization compared to mapping it, and then they never move on to mapping it out. If you want a successful business, you need all three. And is it going to be you doing all three or are you going to bring somebody else to help you do one and two because you're very good at three. And that is where building a business and in real estate in general.
Cyrus played as a goalkeeper, and as a goalkeeper, when you commit, you have to commit like if you start at the 50-50 ball between you and the other player and you start going out. If you stop halfway, you will lose every single time. You have to commit.
Jenn asks Cyrus, if you were a full-time mom or a full-time dad, or you had a part time job or you were just starting out, you didn't have the full hours to dedicate. What would you have done?
Cyrus's mom always said you could do anything in life, if you want to do it, you put your mind to it and you can do it.
Cyrus does all the luxury listings that were up at the higher price points. He just took one in Newport Beach for $8M. He is doing $2M plus and that was very hard for him to let go of the buy side and then to let go of listings in general.

3 Key Points:

Most of the real estate agents fail, 85% of them are out within the first three years. Cyrus explains how as a real estate agent you stay focused and how you know what to do.
Cyrus was playing professional soccer, he got injured and now he can't play anymore. He made a professional choice of winning in life because he made the become better.
There are steps to accomplish anything. The first step is visualizing, the second step is mapping it out and the third step is to execute it.

Resources Mentioned: