Ray Mirra Early Life is an online brokerage firm that specializes in commercial real estate investing. Ray Mirra has satellite office offices in New York City, West Chester PA and New Jersey. The company was founded by Ray Mirra, an accomplished car dealer.
What exactly did he do? He set up a car dealership in Atlantic City, NJ. There was a boom in this business during the 1940's with the introduction of the Radio Controlled Cars (RC cars) concept. This gave birth to what we know today as the Mirra Corporation. Ray's son, David, took over the business from him and the name changed to Ray Mirra Energy Solutions. A few years later, the name was changed to Ray Mirra Ltd.
How did this business get started? Ray had met with several investors who were interested in funding his business. Most were interested, but one didn't have the right connections. They all agreed to finance 50% of the start up costs. This was a major break through for Ray because most investors didn't have the funds.
How did Ray get started with his company? Ray began buying and selling real estate in the hope of building a fortune. However, with so much competition in the real estate field, this was not a sure bet. There were other options for making money. So he decided to develop residential properties. This would provide more flexibility with the investors and allow Ray to focus on making the best deals in the real estate field.
Did Ray have any experience in this type of business?
No, this was a new area for Ray. He was good at business however, had no experience in this area. Ray put together a team of very successful investors who were willing to invest in Ray's new company.
So how did this new business catch Ray's eye? It was due to the fact that Ray had extensive knowledge about tax laws. He was able to leverage that information and apply it to his investments. Ray saw this as a way to make huge profits with very little effort. His team was very excited when they discovered this because this was the opportunity of a lifetime.
How did the company go about making huge profits? Ray started out by investing in only the most profitable real estate investments. Then he diversified into other areas such as commercial property and then finally decided to take the concept global. Today, Ray's company is called Mirra Real Estate.
Success from Ray Mirra
Can you expect to see the same success from Ray Mirra as you did from other entrepreneurs? Certainly not. The key is to have an entrepreneur mindset. This means that you need to understand the importance of investing in things that are more than likely to lose money but at the same time, you also need to have the willingness to put your own personal money into the business to ensure it succeeds.
You have to understand that Raymond Mirra story is typical for many people who become successful in the business. They have the right attitude and the determination to make it succeed. You also have to know that you can't force your way to success. Ray didn't come into the business wanting a millionaire. He worked hard for years and was able to build a large team of talented people.
Company's Success
The key to the company's success is the fact that Ray has surrounded himself with some of the best people in the real estate world. His team includes people who have been in the field for decades. Ray wants his team to look at him as a mentor rather than someone who is just getting started. He wants to give them his wisdom and knowledge instead of relying on themselves to do everything.
The business started out as just two people. Ray and his friend Bill started their own Realtor firm. Later, they added two more members, but Ray always feels that he is just a part of the bigger picture. He works very hard and never complains about any of the work that goes into the company. Many of his employees are amazed at how hard Ray works.
Ray has created a personal mentorship program to help other young people like him to get started in the business. Even though he had to overcome some obstacles in life, he was able to overcome them. Because of this, he has created an atmosphere where others who have failed are not afraid to fail because they know that Ray can get them back up. When you follow Ray Mirra's example and have the same goals in life, you too can be successful with real estate. So, don't miss out on an opportunity to learn about what it takes to become successful with the business.
