The Margin Curve, Blank

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How to use this. Two pages. Page 1 is the Margin Calculator — work the math by hand to feel the trade-off between solo and team. Page 2 is the stage selector and reflection. Print both sides if you have duplex; otherwise just print page 2 separately. Tip: in your browser's print dialog, choose Portrait and 100% scale.
Get In to Get Out · Exercise 8 · Page 1 of 2
The Margin Curve — Calculator
Adapted from the 1,000-Unit Economic Model. Work the chain. See the trade.
Stage 4 is a destination in its own right. Bigger is not better. Better is better.

Step 1 Your numbers

Production targets
$
%
%
Cost structure (% of GCI)
%
%
%
%

Step 2 The chain

Sales Volume
units × ASP
$
Total GCI
volume × commission
$
Cost of Sale
(LSA+CEO)×listing + (BSA+CEO)×buyer
$
Operating Expenses
GCI × opex%
$

Step 3 The trade

WITH TEAM MARGINS
Net Income
$
Margin: ____ % · Time freed up, lower personal take. Formula: GCI − COS − OpEx
WITHOUT TEAM SPLITS
Net Income
$
Margin: ____ % · Higher personal take, you ARE the machine. Formula: GCI − OpEx
The delta Going team costs you $ ____ in personal take (about $ ____ per $100k of GCI). That money buys you time, the ability to scale, and the ability to step away. Both numbers are real. The right answer is whichever one matches the exit you defined in Exercise 2.
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Get In to Get Out · Exercise 8 · Page 2 of 2
The Margin Curve — Stages
Where you are. Where you're going. What it takes to move.
Every stage trades margin for scale. That is a trade to be understood and made on purpose.

Step 4 Where are you on the curve?

Pick Stage Description Typical margin
Stage 1Solo operator You are the machine. Every dollar of GCI flows to you (minus overhead). No team to feed, no leverage to manage. 70–80%
Stage 2First leverage hire Protect margin while buying back time. Usually a transaction coordinator or part-time admin. Net stays high; capacity grows. 65–75%
Stage 3Calendar liberation A showing assistant frees your physical presence from buyer tours. You can list more, prospect more, sell more. 60–70%
Stage 4Listing-led model You shift from executor to architect. Listing specialist runs sellers, buyer specialists run buyers. You source the leads and set the standard. 50–55%
Stage 5Building leaders A different profession entirely. You run a business of operators, not of agents. Most of your time is hiring, training, holding leaders accountable. 5–35%

Reflection

Skill, mindset, structure, team. What specifically needs to change for you to operate at the next stage?
Who is below threshold? What's the plan?

The 90-Day Test

Yes or no, and what needs to change to get to yes? This is the question that separates Stage 3 from Stage 4.
Closing thought Bigger is not better. Better is better. Stage 4 is a destination in its own right.
Get In to Get Out
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