Nathan Payne left his wholesaling business because rising interest rates and marketing costs made it unsustainable, and he hated managing a big team anyway. Coaching has lower overhead, higher profit margins, and actually fulfills him.
Chapters
I used to have a bigger team, right? So I used to run like a big wholesaling company and then I got into coaching like on the side. And because like I would say interest rates like got really high and marketing spend was getting too expensive and I didn't really enjoy running the big team model, I like I pivoted and I'm like, hey, let me just do deals with students, right? So it's fulfilling. I can help people and my overhead's super low. So that's, that's how I pivot it. So I don't run like a big wholesaling company anymore like I used to. And it's— I get to keep more piece of the pie because there's expenses are low and overhead's low. Sure. And I'm not really concerned with just doing like tons of volume just to say I do tons of volume. I don't need to do tons of volume. So that's, that's how I pivoted. Just I've gotten smaller and I've kept more.