Episode Details
Back to Episodes
DGS 125: Premature Expansion in Property Management - Part 2
Description
Do you have a coach to help guide you to grow your property management business? If you want to excel at what you're doing, you must have somebody who's playing a bigger game than you.
Today, Jason Hull and Jon Ray of DoorGrow continue their discussion on premature expansion in property management. Besides putting planning and process documentation systems into place to be more efficient, they focus on the third system: Communication (internal and external).
You'll Learn...[01:33] Interruptions and Inefficiency: Every interruption costs 18 minutes of productivity.
[02:13] Pay to Play: Learn from coaches how to protect and guard against interruptions.
[02:40] Cut the Slack: Chat tool that creates interruptions and crushes team productivity.
[03:15] Under-Communication: Creates interruptions that prevent momentum and flow.
[04:07] Communication System: Only involve those internally that need to know, and find ways to improve external client communication.
[06:01] Organizational Structure: Clear line of communication for delegation.
[08:15] Who does what? Pair effective visionary with brilliant operator to get things done.
[18:18] Sales solves all problems—not always true. Growth feeds business.
[19:25] Get things in place, and then it's not premature.
[21:00] Jack of All Trades, Master of None: Entrepreneurs find opportunity everywhere.
[25:34] DoorGrow OS: Consolidate systems, processes, professionals to be successful.
[31:10] Three Currencies: Growth involves time, money, and effort.
TweetablesEvery interruption costs about 18 minutes of productivity for one team member.
Under-Communication: Creates as many interruptions that prevent momentum and flow.
Every team member you add lowers your pressure and noise. Every team member you add makes your job and life easier.
Get things in place, and then it's not premature.
ResourcesEntrepreneurial Operating System (EOS)/Traction
Mastering the Rockefeller Habits: What You Must Do to Increase the Value of Your Growing Firm
DoorGrow Cold Leads Calculator
TranscriptJon: I have worked with coaches for the past 20 years. I believe in them wholeheartedly. If you're going to excel at what you're doing, you have to have somebody who's playing a bigger game than you.
Jason: Welcome, DoorGrow Hackers, to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow Hacker.
DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they're c