Thony Edouard, CEO of Edouard Equity LLC is a New York-based entrepreneur who is making waves with his real estate business.
What are the services rendered by Edouard Equity LLC?
Edouard Equity shows its customers different programs on home buying. We ease the home buying process for our customers, we also have a credit repair branch that helps client rebuilds their credits, we have a short sale department that negotiates with banks with foreclosed homes. We also started on building out from ground up our own development programs on knocking down homes and rebuilt them, we started last year and already on our 8h property for the year our goals was 15 but we finished 8 hopefully next year we will surpass the 15 houses per year mark
How long did it take you to break even and stabilise your company in the real estate sector?
After Covid it took us a year to catch up with everything, and stabilize the company.
What has been the biggest challenge so far you encountered running Edouard Equity LLC?
Covid, because we had to shut down for almost 2 years.
What are your big lessons of entrepreneurship since you founded Edouard LLC?
Staying focused on one thing and I intend to try other avenues and it takes a good friend to pull me back and keep me at pace.
Given your experience in the real estate sector, what are the pitfalls that an aspiring realtor should avoid especially in the American property market?
Take your time and learn there’s always room for mistakes and they are costly , take your time and learn as much as you can.
What are your ABCs of how to build a sustainable business in America?
Try to have an edge or Headstart in whatever business you looking to get into
Always be honest and truthful cause reputation is your buss card in this buss
Networking, that’s the only way you can get ahead if your reputation suits you.
As an entrepreneur, what lesson did the Covid-19 disruption teach you?
Save for a rainy day take nothing for granted, life is like a scale try not to stay down too long
What other entrepreneurial activities are you involved in aside from Edouard LLC?
Covid gifted me time to start a Streaming network to be Involved in the entertainment world.
What has been the biggest gain to you as an entrepreneur?
Freedom of time, freedom to explain myself better to others.
From your experience, what are some of the private burdens that entrepreneurs bear which are not immediately clear to other people?
Confusion, Trust, Betrayals
If you look back at your career as an entrepreneur when was the most difficult moment and how did you scale the challenges?
When I first started I had a lot of doubts cause I was getting a paycheck for doing basically nothing but I felt like there’s more to life than collect a paycheck weekly.
What is your most memorable moment as an entrepreneur thus far?
Walking out of a closing room with a 6 figure check ain’t nothing better than that.
With the benefit if hindsight, can you recall a mistake in the first few years if your business that you would have avoided if you were better experienced?
Patience to see people for who they are.