The coronavirus pandemic has shaken the world and caused massive disruption in the business world. This has led to the collapse of many businesses and the loss of their jobs as companies seek to downsize to stay afloat. The pandemic left the business world in a time of uncertainty and forced investors and people who wanted to start a new business to rethink.
Despite the uncertainty the pandemic has brought, it has not dissuaded entrepreneurs Beni Fwelo and Marquis Robinson from starting a business. The duo founded Skyview Acquisitions Group, a real estate company that has already reached seven figures.
They created Skyview Acquisitions Group in late 2020 and started working on the business in early 2021. They first started operating in the wholesale market by matching buyers to sellers looking for a seamless transaction. , according to Forbes.
They then reinvested their profits and also ventured into buying and renovating properties for sale at a higher value. Beyond financial gains, Fwelo and Robinson are exploring ways to expand affordable housing by considering options such as multi-family housing.
Fwelo grew up with a strong passion for entrepreneurship. He was born in Congo and emigrated to the United States after high school. During his school years, he attempted several businesses such as organizing events and selling products.
Upon arriving in the United States, Fwelo began working as a dishwasher. Over time, he landed a job with Comcast in sales. Her success in the role ignited her passion to climb the corporate ladder. However, his team was made redundant due to structural changes.
Knowing how fragile it was to work for someone, Fwelo decided to be his own boss. He set his eyes on real estate and started consulting some people he knew in the industry. He then committed to learning the details of the job through self-study.
When he finally got his real estate license, he carved out a niche for himself after a few mistakes. His business began to grow, making good income to expand his team. It was during the period of expansion of the company that he met his business partner, Robinson.
Unlike Fwelo who started his journey with menial jobs, Robinson started his career in sales at Verizon, but over time he realized he didn’t have a passion for the job. After a period, he left Verizon and worked as a teacher for three years.
His interest in real estate came when he attended a seminar which motivated him to look into the sector. Shortly after the seminar, he quit his job and began learning about real estate through a friend.
According to Forbes, in 2020 Robinson was making six figures with his real estate business and that’s when Fwelo approached him to work together, which resulted in the creation of Skyview Acquisitions Group.
Fwelo and Robinson know the importance of giving back. They plan to organize seminars and courses for people interested in real estate.