Jean-Francois Desormeaux 

Real Estate Investor

Jean-Francois Desormeaux is a dynamic entrepreneur with very relevant experience in the field of representation as well as management. Its strengths lie in sales, market development, and the evaluation of business opportunities. Having a very structured approach to a project by optimizing all the right elements to bring its projects to great success.
Passionate about real estate, Jean-François Desormeaux began his career in real estate at the age of 22 by creating his first construction company. Very quickly, his passion for real estate and his fervor for construction made him a respected real estate project manager.

In 2008, Jean-François founded a company that specializes in short-term private mortgages. Jean-François has participated in several construction projects of different sizes. He has also perfected his knowledge of financial structuring and risk and potential assessment.

Following the completion of numerous real estate development projects, Jean-François decided in 2014 to focus solely on multi-residential and commercial real estate development. His ability to find, for multi-residential, the land offers the greatest capacity for success both in terms of popularity of the locations but especially the very favorable rental yield or resale while creating a very considerable added value. He is also very involved in the acquisition of multi-residential buildings for renovation purposes. His team has very in-depth knowledge of maintenance costs, renovation budget, management of professionals (to ensure compliance with deadlines), and the study of the profitability of the project. Its rental team provides support to new tenants from the first visit, at the signing, until the handing over of the keys.
Jean-François does not stop at real estate; his creative spirit and his desire for market development undoubtedly reserve you beautiful surprises but especially new concept ideas. To be continued.

What does your typical day look like and how do you make it productive?

My typical day usually starts with a good workout. Essential for a healthy mind and then helps creativity as well as productivity, of that I am convinced. Then a good healthy breakfast while looking over my agenda of the day to deduce the priorities. I apply a follow-through technique, finish up every idea or opportunity, and do not let anything slip through and be forgotten.

How do you bring ideas to life?

I study the market, I reflect on different articles on the web, newspapers, or any other sources of information. When an idea comes to mind an exquisite one is already on a piece of paper and the idea takes shape. I discuss it with my team, we amplify the idea examine the pros and cons then determine an action plan.

What’s one trend that excites you?

I enjoy trendy and exotic running shoes; they bring me a kind of boost to start the day because the chosen pair will determine the intensity and success of it.

What is one habit of yours that makes you more productive as an entrepreneur?

I am used to never letting go of an idea, and I pursue it to the end. I refuse to succumb to the obstacles that stand in front of me. I cross them one at a time and without hindsight.

What advice would you give your younger self?

I believe the advice I would give myself is to be careful to evaluate each step to be taken to succeed and handle any project or life one day at a time.

Tell us something that’s true that almost nobody agrees with you on.

My tenacity to see the light at the end of the tunnel despite the obstacles. Sometimes I push my team on an idea which is not quite definite and clear to them, and its success is ambiguous. By the end with effort and positivity, the doubts and obstacles are overcome, and a new idea is born.

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

Training is in my opinion essential to keep a good head on the achievements of the day. It creates a good structure and discipline that will be reflected in the management of my company and my employees. It is also important to read good coaching and self-motivation books.

What is one strategy that has helped you grow your business?

The strategy that has helped me build my businesses is always to see the glass half full and not half empty. Success accumulates if we see it fulfill our efforts.

What is one failure you had as an entrepreneur, and how did you overcome it?

A few years ago, as I was starting my entrepreneurship, I saw big and went too fast. I learned that smaller and slower made the success of my company so much more enjoyable and certainly less stressful.

What is one business idea that you’re willing to give away to our readers?

I travel a lot, and I never hesitate to talk to the people around me during my travels. These people bring us new perspectives on professional life, ideas, customs that can inspire us, new trends in the market, and above all, great business opportunities if we take the time to listen to them. I can’t pass this question without also mentioning their tasty cuisine that sometimes warms the heart.

What is the best $100 you recently spent? What and why?

Recently I read a book about changing your mind and opening up to new experiences that inspired me a lot, so much that I gave copies to business acquaintances. I really think it was a $100 well spent.

What is one piece of software or a web service that helps you be productive?

I find that Teams for me is the best tool to stay in touch with my team. Although the pandemic has subjected us to teleworking mode and therefore forced us to use it, I travel for my business while my team is with me.

What is the one book that you recommend our community should read and why?

To come back to the other question, the book I devoured and handed over to business acquaintances is “Think like a monk” by Jay Shetty. He shows us: • Triumph over negativity• Stop thinking too much• Use your fear• Learn from everyone you meet• Find the purpose of your existence• Understand why comparison kills love• discover that you can’t find happiness by seeking it• Know that you are not your thoughts• Cultivate kindness to succeed.

What is your favorite quote?

Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.” Mark Twain

Key Learnings:

  • Having a growth mindset – there is so much information available online. Once you pick what you want to learn, finding the best educational tools to help you get there is key. But having that intellectual curiosity to continue to learn has paid dividends for both my personal and professional growth.
  • Enjoy the now – It is very easy as an entrepreneur to be thinking 5-10 years out about your strategy, business plans, etc. But if you’re not enjoying it ‘in the now”, is it all worth it? I really enjoy all that I am doing, and I love sharing these strategies with other business owners.
  • Do not be afraid to fail. Every great entrepreneur learns from their mistakes and comes back even better, having learned from the pain.