Ever wondered why everyone in Miami seems to be a real estate agent?  Olivier Grinda of Miami startup Home 61 is a four-time start up founder (and angel investor) who is bringing his track record of success to up-end Miami’s real estate market.  His tech-enabled brokers are outperforming the market average by 7x and his company was listed as the fastest-growing brokerage in Miami during part of 2015.

 

We had a great chat covering:

-What Olivier learned from founding three previous startups - two which were acquired and one which failed

-What he’s learned being an angel investor in over 40 companies and why the first $200K is the most important part of the fundraising journey

-How Home61 can be a great option for anyone looking to grow their income in a unique startup environment.

  Highlights

Entrepreneurial journey

2:45 - His previous three startups, two which were acquired and one which failed

4:15 - The biggest lesson he’s learned from his previous startups

 

Tips for aspiring entrepreneurs

5:00 - His take on entrepreneurship

5:45 - His advice to people looking to start their own ventures

7:15 - Why attacking problems that are too small can be a mistake for entrepreneurs 9:00 - How to look for inefficiencies in markets to identify startup opportunities

 

Home61’s launch & business

9:45 - Why they picked Miami to launch Home61

11:30 - What Home61 does differently than a typical real estate brokerage

12:45 - The type of broker that Home61 looks for

 

Raising money & pitching investors

14:00 - Why raising money is hard even when you’ve had past success

16:30 - How to be prepared for rejection and how to stand out in front of investors

18:30 - Why Silicon Valley might not invest in Home61 . . . and what he’d say to them

20:45 - How to pitch to investors

22:45 - Why grit is the most important trait of an entrepreneur

 

Closing questions

24:45 - What he’d do if he were brand new to Miami and only had $500 to start a business with

26:00 - Why he recommends doing what you love, even though it’s hard

27:45 - Why you should pick a co-founder who complements your skills

 

Mentioned in this episode

Home61