DGS 187: The Myth Of Not Having Enough Time In Property Management

myth of not having enough time in property management artworkEveryone on Earth has the same amount of time… the same 24 hours in a day, the same 7 days in a week, the same 365 days in a year. I hear the excuse of not having enough time from property management entrepreneurs all the time. The truth is… this is just a myth.

Join property management growth expert, Jason Hull as he debunks the myth of not having enough time in property management. Learn how to take the time you have and utilize it effectively in this short episode.

You’ll Learn…

[01:14] The Excuse of Not Having Enough Time

[02:41] You Have the Same Amount of Time as Everyone Else… Take Control of it

[05:37] Entrepreneurs Want MORE Than just More Money

[06:48] Figure out: What are Your True Priorities?

Tweetables

“Supporting others and contributing to others is its own reward in life.”

“If you’re not getting the results that you want, that’s evidence that you’re not spending your currencies– probably especially time and focus– on the right things.”

“Time is, I think the most valuable, but focus is the most important when it comes to growing a business.”

“When you say you don’t have time, you put yourself in a position in which you are a victim of circumstance. You have no control.”

Resources

DoorGrow and Scale Mastermind

DoorGrow Academy

DoorGrow on YouTube

DoorGrowClub

DoorGrowLive

TalkRoute Referral Link

Transcript

[00:00:00] Is it really true you don’t have time? Does anybody else on the planet have time to do something similar? Yes. So it’s not whether or not the time exists to do certain things, really the honest thing to take a look at is priorities. 

[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’re interested in growing your business and in life, and you’re open to doing things a bit differently, then you are a DoorGrow Hacker. DoorGrow Hackers love the opportunities, the daily variety, the 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. 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. 

[00:01:12] So today’s topic– what I wanted to touch on is something that I shared with some of my clients several weeks back, and I want to talk about the lie or the myth of time as an excuse. So this is something we hear at DoorGrow all the time. We give property managers all these cool ideas and ways to grow their business, and we give them very clear strategies. We even give them scripts, and we often will hear the excuse: “I don’t have enough time,” and so we have a whole training we built around time to eliminate all of the time that they’re spending, but I want to talk about this lie of time. When somebody says, “I don’t have time to do this. I don’t have enough time,” it’s not really true. Is it really true you don’t have time? Does anybody else on the planet have time to do something similar? Yes. So it’s not whether or not the time exists to do certain things, really the honest thing to take a look at is priorities. It’s prioritization. Right? So if you say, “I don’t have time to do some outreach to investors to add doors, for example,” what you’re really saying is: “I am prioritizing other things in my business. I’m prioritizing doing maintenance coordination right now. That’s my priority. I’m prioritizing handling leasing stuff right now. That’s my priority.” You may say like, “I don’t have time to go to your event,” or “I don’t have time to do this thing,” or “I don’t have time for that,” but what you’re really saying is: “I’m choosing something else.” 

[00:02:41] See, when you say you don’t have time, you put yourself in a position in which you are a victim of circumstance. You have no control, and when you use victim language and victim circumstance and stuff like that, that rewires your brain in a negative way. It rewires your unconscious mind and your subconscious in a negative way. You, my friend, are not a victim. You are at choice. There’s two things in the universe. This is a universal thing that probably existed since time began, however, it began, is the law of cause and the law of effect. And so there’s two things that exist in the universe: things that act and things that are acted upon. And you don’t want to be the thing that’s acted upon. You want to be the thing that acts, you want to be the thing that’s at choice. You want to be the thing that’s in control. Victims are having to be reactive. They’re being acted upon. You’re not a victim. You’re a choice. You chose your life. You are choosing your results right now that you’re getting in your business, whether you like them or not, it’s your choice. You are choosing whether or not you get support or help you’re choosing whether or not you’re vulnerable and ask people for support or help. And so you are also choosing how you spend your time. It’s your choice. You’re prioritizing things, you’re just not maybe very good at prioritizing things if you don’t have enough time if you find yourself saying that a lot. So you don’t generally hear me say, like, “I don’t have time for that,” or “I don’t have enough time,” and if I do, what I mean is: “that’s not a priority for me. I don’t have time to do it because I would rather do this.” That’s more honest, right? ” This is not really a priority. My highest priority right now is coaching clients,” or “my highest priority right now is this event that I have coming up,” or whatever it might be, or “my highest priority right now is spending time with my kids in this moment,” right? 

[00:04:29] So I want you to start eliminating the excuse or the lie of saying, “I don’t have enough time.” You have as much time in a day as everybody else– Elon Musk, Steve jobs back when he was alive, right? They all had 24 hours in a day. You have the same amount of time as everybody else on the planet. You don’t know how much time you have in your life. It is the scarcest resource. I think it’s the most important resource out of all the five currencies: time, energy, focus, cash, and effort. Time is, I think the most valuable, but focus is the most important when it comes to growing a business. And so if you don’t have enough time, it’s because you’re choosing to focus on probably the wrong things based on results. Like, if you’re not getting the results that you want, that’s evidence that you’re not spending your currencies– probably especially time and focus– on the right things to get the business forward or to get what you want, and I want you to have what you want, because 

[00:05:37] I believe what entrepreneurs really want isn’t just more money, it isn’t to hurt people, it’s to get what I call the four reasons– which I’ve talked about in a previous episode– but those reasons are you want more fulfillment in life. You deserve that your kids and your family and your spouse, they all deserve to see somebody that is alive and loves doing what they’re doing. That’s the best version of you. Fulfillment. Second is freedom. You should have more and more freedom. This is why we think we want money, and I like money. It’s great, but it’s because I want to have more of these things and you can have more money and not give yourself more of these things, right? Like you have less fulfillment and less freedom in your business right now. So I want to make sure that you have more freedom, more fulfillment, more contribution, and more support in your business. Once you have those first two you just now want to make a difference. That’s contribution, and then after that, you’re going to want to make sure you have support because it means you don’t want to do everything in the business. You don’t want to wear every hat. You need a team, you need support, and you want to support others. Supporting others and contributing to others is its own reward in life. I get to do that every day. It’s really rewarding, and these are what I want out of life. This is what I want out of my business. And so I want you to give up the excuse of time.

[00:06:48] And I hope this really short episode was helpful for you. I hope it helps you take a look at where you’ve been a little bit dishonest with yourself and others and you start figuring out: ‘what really matters to me? What are my priorities? Is it a priority for me to grow this business? Is it a priority for me to take care of my family, leveraging this business? Is it a priority for me to just get money or do I have four priorities that are more important? Fulfillment, freedom, contribution, and support?’ If you do that introspection, I hope you get some really good insights. If this is helpful and you’d like some more ideas and tips, or you’d like to work with us, reach out to us at DoorGrow. We would love to support and help you. We’ve got some cool stuff going on. We innovate so rapidly now. We have so many new things that we’re doing. We spend over six figures annually on coaches and mentors, high-level masterminds, people that have scaled and built businesses up to a billion dollars, and these are the people that we are learning and growing from in our organization so that we can turn around and support our clients, so check out our new Built to Sell program if you want to build a business that you could exit from and then decide you don’t want to sell it, but you still might want to exit from it. Right? But that’s the ultimate freedom. So our Built to Sell program is really awesome. Over the next three to five years, we’re going to be taking business owners through this program.

[00:08:07] So if you would like to get in on and build your business to sell so you can exit it in the next three to five years for a seven-figure exit, or just have the ultimate level of those four reasons and do something every day that you love. Either way, we want to help support you towards that goal, so reach out to us and ask us about our new first 90-day onboarding period during this it’s called the Rapid Revamp, and we are revamping your entire business in 90 days, including branding, website, sales. I just did a previous episode on this, so you can check that out. It’s a really cool program. We’re actually restructuring the order of the weeks based on what we’re learning in our first class. So we’re taking clients through right now. So class two’s going to be even more awesome than what you heard about on the previous episode.

[00:08:48] So, that’s it for today. So until next time, to our mutual growth. Bye, everyone.

[00:08:52] You just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow! 

[00:09:19] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today’s episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.

Enjoyed this episode on the myth of not having enough time in property management? Get equipped with more content like it by exploring past episodes of the #DoorGrowShow.

Jason Hull

Jason's mission is "to inspire others to love true principles." This means he enjoys digging up gold nuggets of wisdom & sharing them with property managers to help them improve their business. He founded OpenPotion, DoorGrow, & GatherKudos.

4 Ways We Can Help You Get More Clients, More Freedom & More Money

1. Get the 95-minute DoorGrow CODE™ Training

In how to grow your PM business and then make it scaleable. In 95 minutes, I'll show you why most marketing is wasting your money, how to eliminate your advertising expense entirely, and grow faster than your competitors.

Just reply with the word "CODE" in the subject line & we will send it to you.

2. Join our In-Person, 2-Day, Gamechanger Workshop & Take Big Action
This event is designed to be different than conferences in that we are bringing in expert coaches and you will be taking immediate action to review financials, improve profits, assess your team, systematize realtor referrals, find and initiate your first acquisition deal, and more. This will catapult your business toward success
3. Join our next DoorGrow Boardroom

4x a year, we run a 2-day intensive in Austin, TX, with a small group of savvy PM business owners. We deep dive into each business. You will gain insights into your business, get clarity, and walk away with a solid strategic plan.

The next dates are November 8-9. Learn more here.

4. Get a Scale Roadmap Session
If you ever want to get some 1:1 help, we can jump on the phone for a quick call, and brainstorm how to get you more leads, increase profits, and make the business easier, less stressful, & more efficient. Book a call with us.