Alex Saenz: How to run a successful business
It took Alex Saenz nine months to close his first real estate deal. After rejecting a chance to go to the Arizona State University in favour of taking a plunge into the real estate business, he understood that he was taking a risk.
“At the time of jumping into real estate, I had less than $500 in his bank account,” he says. “This was money I had saved up from working at a grocery store pushing carts where I only made $7.50 an hour from pushing carts. Having no emotional or financial support, I dove into real estate head first by door knocking and putting signs out on street corners.”
When he got the sum of $13,000 on his first completed deal, it changed everything for him. “I took off in real estate,” Alex remembers. “I was 19 when I closed my first real estate deal! In 2016, still at the age of 19, I closed 12 real estate wholesale deals for $120,000 in revenue. Keeping living expenses low, I invested nearly everything back into business.
I hired two sales guys to help hunt down more real estate deals, by 2017, the real estate company grew to five total team members!”
The growth to a five team members precipitated further success. “In 2017, my company closed 62 deals for $615,000 in revenue with more than 60% profit margins.
“In 2018, being 21, I continued to grow my real estate company and co-founded ALL IN ENTREPRENEURS with his partners Carlos Reyes and Sal Shakir. In 2018, over 100 deals were closed, and it was the first seven-figure year in business and I was only 21. Fast forward to 2020, I have closed over 300+ deals with my real estate acquisition firm.”
These days, he is moving forward with business expansion plans boasting a portfolio that includes a multi-million dollar building where he runs over 10+ companies, his real estate acquisition firm, and growing a solar company (SolarFuse.com) that is pursuing groundbreaking work in energy generation.