How to Go From 1 Million to 100 Million with Allon Avgi; Execution & Alignment

Many people dream of making millions but never achieve it. One of the primary reasons is that they don’t know how to execute. Being able to take action on your goals and continue executing is one of the most important factors for success.

I recently had a conversation with my good friend Allon Avgi. Allon is the founder and CEO of AVGI, a real estate investment company based in Long Island, NY. At just 27 years old, Allon has over $100 million in real estate assets with no plans of slowing down. With his sights on becoming a billionaire, we discussed how he has achieved his current success and his plans for AVGI moving forward.

Below are a few of the takeaways Allon shared on how he went from zero to $100 million in just six years.

The Three Pillars of Real Estate Investing

Allon stated that if you don’t compete in any one of the following pillars, you are doing real estate as a hobby. The pillars are:

1. Deal Sourcing – the systems, team, and infrastructure of a business.
2. Operations – property management, asset management, and construction.
3. Money – private family offices, banks, and institutions that are backing you financially.

How to keep things from cracking at the seams

Cracks can certainly slow down growth, and AVGI is not immune. Allon and his company  pivoted risk mitigation to asset mitigation to manage the current market. Rather than focusing on growth, he is able to keep the cracks from becoming valleys by focusing on asset mitigation. 

The Key to AVGI’s Success

One thing that makes Allon different is that he understands the moving factors and can see things on a large scale rather, unlike others whose goals are capped. Starting from zero, where nothing was handed to him, turned out to be a benefit because it created in him a deep desire to succeed. He figured everything out along the way and developed his own success. 

At this point in the economy and in business, AVGI has taken an extremely opportunistic approach because it’s times like these when billionaires are made.

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