Inspired by "30 Under 30" profiles he read in REALTOR® Magazine, he cofounded Prodigy Real Estate in 2004.
"I think the biggest mistake people make getting into the business is not showing up. They don’t realize the hardest thing in the world is to be your own business," says Peterson, who learned about budgeting and cash flow from his parents, who were small-business owners. He was also fortunate to start his career as part of a top-performing team. His business model, he says, makes it economically sustainable for young people to get started. His advice: If you haven’t already, get training in REO sales.