In this episode of the Hyperfast Agent Podcast, Dan Lesniak offers a special look into the 2023 Hyperfast Agent Summit held in Arlington, Virginia. The episode features a talk by Matt Plummer, a real estate agent, financial coach, and wealth builder. Plummer's presentation centers on guiding real estate agents in managing their finances post-commission, aiming to build stress-free wealth. He shares his personal journey of overcoming various addictions and transforming his life, which led him to understand the importance of financial organization and discipline.
Plummer emphasizes the significance of exiting the "transaction treadmill" and the common financial pitfalls real estate agents face, like inconsistent income and disorganization. He introduces concepts like budgeting, debt elimination, and the need for emergency funds. He strongly advocates for the 'Profit First' cash management system, which prioritizes paying oneself first and managing expenses thereafter. Plummer's talk is practical and motivational, aimed at helping real estate agents achieve financial freedom and stability.
You can find Matt on Instagram at: https://www.instagram.com/coachmattplumer
Join Matt as he discusses…
QUOTES TO SHARE
"A decade ago, I was 300 pounds, alcoholic, addictive sports gambler, smoking two packs of cigarettes a day, barely married for 18 months thinking though my whole world was going to end." - Matt Plumer
"We don’t have an income problem, we have a cashflow problem. Agents make less than they think, we all spend more than we care to admit." - Matt Plumer
"Discipline bleeds. When I had my rock bottom moment, and I was on that counselor's couch, not able to fit, I didn't want to stop drinking, I didn't want to stop gambling, I didn't want to stop smoking. However, I didn't fit in my wife was on the other side, crying her eyes out, because I wasn't who she wanted to marry, or she wasn't I wasn't living up to my potential is really why she was upset." - Matt Plumer
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