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The 40-Hour Work Year: Are You Working Too Much in Your Property Management Business?

Flowers and Associates LLC. Monday, April 29th, 2019 Comments Off on The 40-Hour Work Year: Are You Working Too Much in Your Property Management Business?

Scott Fritz started, ran, and sold a company worth $170 million.

He was able to do that by training the business to run without him. So, when he joined Alex on this week’s Property Management Show, he had some questions for listeners like you:

Are you busy or are you productive?
Are you an entrepreneur or a business owner?
Are you doing things you could pay others to do (for less money)?

Make Your Business More Valuable

When your company can run on its own without you, it will be more valuable to potential buyers down the road. They won’t have to replace you or your salary, and they’ll know they’re buying more than a bunch of doors. They’re buying a brilliant business. That’s more valuable than a company that still needs its owner.

Growing, Str… Continue Reading The 40-Hour Work Year: Are You Working Too Much in Your Property Management Business?

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How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

Flowers and Associates LLC. Saturday, November 17th, 2018 Comments Off on How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

Lisa Wise and Nest DC earn over $3 million a year in revenue, but they still work like they’re in a start-up phase.

Why? Because growth mode requires inspiration and excitement.

As part of the How I Did It series, Alex interviews Lisa on this week’s edition of The Property Management Show.

What Has Lisa Learned in the Last 10 Years?

If you’re not making mistakes, you’re not experimenting enough. Alex and Lisa discuss a few of the things that can easily trip up a company in the early stages of growth. Things like:
* Trying to piece together systems like insurance and legal protections when you really need to just invest in expertise from the get-go.
* Complementary Business Units (CBUs) are great if they’re not only designed to make money. They should be… Continue Reading How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

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All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

Flowers and Associates LLC. Sunday, November 11th, 2018 Comments Off on All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

Mike Catalano thinks acquiring property management companies is fun. That’s probably why he’s so good at it.

But, why would anyone want to buy a property management company?

For growth, of course.

On this week’s episode of The Property Management Show, Mike and Steve Rozenberg join Alex to discuss how to acquire and integrate a property management company.

It Grows Both Ways

You don’t have to do it one way or another. You can pursue steady growth through organic channels. Your marketing and advertising may bring in 100 or 200 leads a month – that’s fantastic. It doesn’t mean you can’t start thinking about acquiring companies, too. It provi… Continue Reading All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

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