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The Most Common Problems For Property Management Businesses at 200-400 Doors
Description
A lot of property management entrepreneurs get stuck in this area between 200 and 400 doors. They've built the wrong team, and everything in the business feels like it's out of alignment. These are the standard property management entrepreneurs.
Property management growth expert Jason Hull, the founder/CEO of DoorGrow, shares the next avatar in this series of episodes about the different types of property management entrepreneurs.
You'll Learn…
[01:15] The Next Avatar: The Standard Property Management Entrepreneur
[02:07] Have You Built the Wrong Team? How to Build the Right One
[05:10] Defining Your Role in the Business
[06:12] The Issues in the 200-400 Door Range
[09:50] Defining Your Company's Culture and Hiring
[12:57] Inspiring vs. Controlling Your Team
[14:29] The Side Business Property Management Entrepreneur
Tweetables"You can't have a team that's your dream team, that's awesome, that makes you feel really well-supported if you are showing up incorrectly."
"There is nothing in the business that you have to be doing in the long run. There's nothing. You can offload any piece of the business."
"The only reason every team member should exist is because they are taking something off your plate."
"Tactical work just keeps businesses alive. Strategic is what really grows businesses."
Resources Transcript[00:00:00] So they, at this stage, you probably also have all the same leaks in your business that the smaller companies do. You have leaks in your website, you have leaks in your branding, you have leaks in your reputation, you have leaks in your pricing, you have leaks and all these different areas of your business
[00:00:13] All right. Welcome, DoorGrow Hackers to the #DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing in business and in 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 crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals relationships, and residual income.
[00:00:52] At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host property management growth expert, Jason Hull the founder and CEO of DoorGrow. Now let's get into the show.
[00:01:15] So we are going to continue our series this week, talking about the different avatars that we target here at DoorGrow. And so we're going to talk about a group that maybe listening to my intro were thinking, "you know, I don't know about that. manifesto, Jason. I don't know about having more freedom and that property management makes me feel good." You might be feeling really stressed out and you might have a big team helping you do this. And by big, I mean maybe you have like five to 10 people even. So we're going to talk about what I call the standard property management entrepreneur. And this is the property management