Being a business owner can be incredibly stressful at times, and property management entrepreneurs know exactly how stressful it can be.
Today, property management growth experts Jason and Sarah Hull discuss how entrepreneurs can reduce and manage property management stress.
You’ll Learn
[03:07] Why property managers are so stressed
[12:18] The secret to stress relief is⊠going for walks!
[13:42] The magic of mini breaks
[19:42] Taking care of your physical health to reduce stress
[22:52] You put too much pressure on yourself
[27:41] The problem with starting multiple businesses
Tweetables
“You put up with whatever situation you create.”
“The beautiful thing about having a business is that you can create the business. You can build it around you and you can structure it in a way that allows you to reduce your stress, especially once you start to build a team.”
“The business can take as much of you from you and your life as you’re willing to allow it.”
“In order to have more than one successful business, you must first have one successful business.”
Resources
Transcript
[00:00:00] Sarah: You put up with whatever situation you create and the beautiful thing about having a business is that you can create the business, you can build it around you, and you can structure it in a way that allows you to reduce your stress especially once you start to build a team.
[00:00:17] Jason: 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 life, and youâre open to doing things a bit differently, then you are a DoorGrow Hacker.
[00:00:33] DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think youâre crazy for doing it. You think theyâre crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships, and residual income.
[00:00:51] 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.
[00:01:05] Iâm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow, along with Sarah Hull, co owner and COO of DoorGrow. Now letâs get into the show.
[00:01:19] All right. So today I reached out to Morgan, one of our coaches on our team, and I said, âWhat should we talk about on the podcast? What are you running into with clients lately related to coaching?â Should I just read what she said orâŠ? Iâll sum it up. So basically she said a lot of property managers have a lot on their plates. A lot of yâall have a lot on your plate and youâre not taking care of yourself. And, you know, this might sting a little to hear for some of you are not taking care of yourself right now, you know, you should be, maybe you should be eating better, you should be getting more sleep, you should be having less stress, should be like stepping up more as mom or dad, taking care of your kids, being part of the family, whatever it is, but youâre just, youâre not able to really be there in a lot of different ways because you are too busy being a martyr, too busy being a martyr, allowing property management to take over your life, allowing tenants to take over your life, allowing owners to dictate your life, and youâre trying to please all of these other people. Probably matter a lot less to you than your family does, right? So thatâs what weâre
[00:02:39] chat about today. Weâre going to talk a little bit about today, about how itâs possible to have it all. You can have a successful business. You can manage your time well, you can get support. You can have the space to work with DoorGrow, have time for coaching. You can have it all. And she also mentioned other big challenges is related to this is juggling multiple businesses. So these are some of the things we can get into today. Where should we start?
[00:03:07] Sarah: Well, I think a good place to start is Letâs address the elephant in the room, which is like stress. Stress in property management is super common because it is a very stressful business. Itâs a high pace, like fast moving business. Typically itâs not something where hey, we have, you know, 18 days to figure this out and we could just take our time. Oftentimes itâs like a fast moving, high pressure industry in general.
[00:03:38] And I think that there are definitely ways to kind of help like reduce and mitigate stress. I just donât know how often people actually do it, and for a while I was in that bucket too. I really, I was like experiencing burnout and I think thatâs really common for people is just to go, âwell, this is just normal. Like I own a business and this is normal and this is what owning a business is. This is what property management is, you know, this is what itâs like. I have to just put up with it. And you donât. You put up with whatever situation you create and the beautiful thing about having a business is that you can create the business you can build it around you and you can structure it in a way that allows you to reduce your stress especially once you start to build a team.
[00:04:29] Jason: Yeah, I think In building a business, any business, any industry, the business can take as much of you from you and your life as youâre willing to allow it. And so itâs really about setting healthy boundaries. And boundaries really arenât so much about telling everybody else, this is how you need to treat me necessarily.
[00:04:53] Boundaries are really just about what you are going to do and not going to do. Thatâs it, like itâs in your wheelhouse. A lot of times people think boundaries are about like trying to control somebody else or telling somebody else youâre not allowed to do this to me or say this or do⊠thatâs controlling.
[00:05:10] Thatâs not necessarily boundaries. Boundaries really are, âif you do these thingsâŠâ If the tenantâs going to treat or talk to me this way, Iâm going to, you know, do this, or if the owner is going to treat me or talk to me this way, then this is going to be the consequence Iâm going to do this since about what youâre going to do.
[00:05:28] And one of the ways you can easily set a boundary you know, back when I had a job, which is a while ago, Iâm pretty much unemployable now. I think most of the entrepreneurs listening would agree theyâre unemployable now. You just wouldnât probably be able to work for somebody else. Youâre enjoying too much freedom as a business owner, even if itâs your stress and your problem, itâs yours, right? But one of the things I had to do is I had a job where I was managing an entire like tech support team and I got all the escalation calls and the work was never done. It was endless. It was never gone. It was never like, at the end of the day, I completed everything.
[00:06:06] And could just go home and it was all done and Iâm sure property managers feel they feel a lot like this.
[00:06:12] Oh, yeah.
[00:06:12] Itâs just itâs never done.
[00:06:14] Itâs never done.
[00:06:15] Always outstanding stuff.
[00:06:16] Always more to doâŠ
[00:06:17] âŠwork orders waiting
[00:06:18] Sarah: âŠmore you could do, where youâre like, âwell, okay iâm done, but let me try to see if I can get these things inâ or like, âOh, maybe now I have some time to focus on, you know, this thing.â and itâs this never ending loop. Itâs a never ending cycle.
[00:06:34] Jason: And when you know you have this endless to do list that youâre always adding to. So it becomes a to die list because youâre just making it bigger all the time. Probably there needs to be a cutoff, right? And so one simple boundary is you can say, âIâm done at 5 p. m.â Like Iâm going home and âIâm going to be with my family and Iâm not going to work.â Right. âIâm done.â And now you need to set some things up, some systems in place so that you can be legitimately done by 5 p. m. Maybe itâs you have an after hours call center. Maybe itâs youâve got somebody else on your team that has a phone, maybe the after hour stuff, youâve got Filipino team members where itâs like during normal hours for them, whatever, but you have some way of saying, âIâm done at five.â Then from there on out, I get to be dad, I get to be family member, I get to like, feed myself, and I think this is like, in my study of like, men and women, I think men need this way more than women, but probably everybody needs this, but we need a time gap between work and family to transition.
[00:07:42] I mean, at least like 30 minutes to an hour to decompress, especially when we first walk in the door. So like, guys, you need some way to become human again, because youâre in like focus work mode and Sarah knows, like, Iâm not good in that space. Like if she tries talking to me in that period. Like Iâm not listening well, Iâm not present and Iâm like everyoneâs frustrated Like it just it doesnât go well.
[00:08:10] Sarah: Thereâs usually a lot of âhello??â
[00:08:12] Jason: Yeah, and Iâm like ruminating on the last thing somebody said or something else and Iâm just I mean Iâm in problem solving mode And I have to like get out of that space.
[00:08:23] Sarah: Yeah, like youâre physically here, but youâre just mentally like yeah elsewhere. Youâre not, and itâs weird because people in your life donât know that, especially like if you work from home or if you have kids are like, if youâre here, like youâre here, I should be able to talk to you or call you or walk in your office or, right?
[00:08:44] And itâs about kind of training. Itâs like, âHey, Iâm here, but just pretend like Iâm not, I know you can see me, I know you can hear me, but during work hours, you got to pretend like Iâm not here because a lot of people work outside the home. So just pretend in your brain, like unless there is an emergency, like Iâm not here,â but itâs weird because when you can see someone and theyâre physically there, you just kind of expect them to be, you know, available.
[00:09:12] So itâs I think what something that you could probably do a little bit better is like in that transitional period. Like just either hang out in your office or like go upstairs to the media room or go take a walk or something so that gives you space to like decompress and then when youâre ready then come around me because women, I think our brains work just a little different than menâs do but like if you have computers like itâs like we have like a thousand tabs open at all times. Now theyâre open like theyâre doing stuff in the background But maybe thereâs like three tabs that youâre actually looking at right now, but all the other ones, theyâre just like back here, kind of spinning. And all of a sudden one of those tabs is like, âOh, ping! Hey, we need you!â And weâre like, âOh, pull that tab open. Like, letâs go into that.â And heâs like, âWhoa, Iâm not even paying attention yet.â
[00:10:00] Jason: Iâve heard it described that womenâs brains have whatâs called diffuse awareness, which basically means theyâre way better multitaskers than us, but theyâre aware of everything going on at the same time.
[00:10:12] The disadvantage is pretty prominent when it comes to like war or like focusing on one thing right then and trying to shut out all the extra noise and all that like crazy craziness. Thatâs where guys really tend to excel because weâre singular focus in our brain. We can literally stop thinking. We can actually just not think about anything.
[00:10:34] Sometimes women are like, âwhat are you thinking about?â And weâre like, ânothing.â We can actually do that. And women donât get that a lot. I donât get it. I donât know. Like, how do you not think? Yeah.
[00:10:44] Sarah: I think in my sleep too. Like I wake up with ideas that I didnât have the night before. And itâs like just something was spinning around in my brain overnight.
[00:10:52] Jason: So another thing Iâve noticed is Iâm a lot more burnout by the end of the day if I donât get breaks. And a lot of times we have this, we get this obsessive need, like âI need to hustle, I got to do.â And we become less and less effective. Weâre less and less present and weâre less and less efficient and weâre getting actually less done.
[00:11:13] And so I find that for me, taking little breaks throughout the day, which Iâve been trying to do when I take little breaks throughout the day, it allows my brain to kind of unwind a little bit. Itâs like they say, if you keep a bow strung all the time, it loses its spring and you can no longer shoot arrows, right?
[00:11:31] Itâs no longer effective as a tool. You unstring the bow when itâs not in use. And so finding times throughout the day to give a little bit of break I think also as a way of setting boundaries for yourself and saying, Iâm not going to just hiho silver all day long⊠and thatâs a Lone Ranger reference, but hiho silvering is where youâre just, âIâm going to go! Iâm going to solve the day! Iâm going to do everything blah, blah, blah!â And you just go. And youâre not really effective. Youâre just running around, go, go, going, youâre not taking time to think, plan, meditate, chill out. Youâre reacting. Yeah, youâre very, yes, youâre very reactive instead of in control. So so I think thatâs another way to mitigate stress.
[00:12:18] One of my biggest secrets for stress is just going for walks. Itâs a form of bilateral stimulation. It gets both sides of your brain to go back and forth. Thereâs a form of therapy called EMDR therapy. I did, I worked with an EMDR therapist for a year, just from all the stress and trauma that exists in being an entrepreneur. My business coach at the time was like, âyou need to go get EMDR therapy.â And I was like, âokay, Iâll go do it.â And it was really helpful. But then I realized, you know what? The light moving back and forth or the vibrating paddle or having them move your eye back and forth. Bilateral stimulation also happens when you just go for a walk, and you just focus on feeling your feet while you think about whateverâs stressing you out. And so, we like to go for walks.
[00:13:04] Sarah: Yeah, we do. I love walking. I feel better after walks, and I feel like I do a lot of really good thinking, on walks too. Itâs it just because Iâm away from everything, like Iâm not in front of a device. I donât have my phone in my hand or I probably have it like on me, but Iâm not like on it. Iâm not looking at something. So it allows me to just. Focus on the thing that I want to focus on instead of whatever is calling my attention at that particular time. So, you know, if youâve got emails piling up, like, and youâre not looking at your email, you donât know that you have emails piling up because itâs not in front of you.
[00:13:40] So I really do like going for walks. I do want to circle back to the mini break thing. I have really great story to share. So years ago in my former life, I sold insurance. And I was newer to the insurance company and there was a woman, there were a couple women, but there was one woman in particular at this company.
[00:14:02] She hated my guts, like oh my God, she hated me so much. I think to this day she still hates me. Itâs funny to me. I laugh about it. Oh man, she was so mean to me. She was just nasty, like sweet to my face awful behind my back in a lot of different ways. So one time she did not think I was at my desk and I had returned to my desk and we had like little cubicle desks and she was kind of around the corner talking with another woman who didnât like me at the time, ended up liking me, but didnât like me at the time.
[00:14:32] And I hear her say, â I donât even know why she has a job here. She doesnât do anything all day. All she does is walk around. Sheâs never at her desk. She just walks around all day long and she talks to people.â And it was hilarious to me, like so comically funny to me. The better part was when she turned around to walk by me and realize, because she said that like a minute earlier and walked by me and realized, âoh shit, she probably heard that because she was at the desk.â
[00:15:03] And sheâs in a way, she had a point. What she missed is the big picture. So her point was like âshe walks around a lotâ and I do, I have to walk around a lot. I always have to, like, even I work from home now. Iâm like, let me get the dogâs treat, let me get the dogâs out, like Iâm going to just go take a lap, Iâm going to get up and go, you know, get a drink of water, or Iâll make myself a juice, or a coffee sometimes, like, thereâs certain days, I do laundry, so like, in between things, Iâm going in and doing laundry, even if I just get up, sometimes, like, I have a bathroom in my office, I donât use that bathroom, I will get up and walk across to the other side of the house to use a different bathroom, why?
[00:15:42] Because it gives me a mini break. So Iâm really big on taking mini breaks. I always have been. And something I learned recently, I didnât know that I was doing this, but mini breaks are so good for you because they allow you to like, just kind of decompress take a break of like. First of all, it gives your eyes a big rest because now weâre no longer staring at a screen.
[00:16:05] Second of all, if you get up and youâre walking, now you are getting that bilateral stimulation. And youâre also like getting, if youâre, if you sit too long, itâs just not good for your body. Like sitting too long is not good. Standing too long is not good. Walking too long is not good. So we have to find that balance. But though, for those of us, like property managers who are not out in the field, Weâre the ones who are like hey, maybe weâre, you know, at the desk and maybe weâre doing sales that a lot of times itâs at a desk. Jill, get up like every so often get up, but I would get in that office. It was funny.
[00:16:40] It was a three story building. We owned all three floors, well, they owned and then I would like, I would go down in the basement and like, go talk to somebody for a few minutes. Instead of calling them on the phone, I would go walk down and talk to them and get what I need and then come back up. Upstairs was the kitchen. So I would go make myself a coffee, come back down. I would walk to the other side to go to the bathroom. That way Iâm giving myself a mini break. But the funny thing about this is I was the most productive agent month over month in that company in what I did, which is personal lines.
[00:17:11] So theyâre big performer and Iâm not going to mention names, but theyâre big performer, she was great. And sheâs amazing. Sheâs so great. I came in and I blew her out of the water every single month over month. And I quote unquote did nothing. So it was funny for me because I just laughed at that.
[00:17:28] I was like, âOh, this is rich.â
[00:17:30] Jason: Right. Yeah.
[00:17:31] Sarah: But I was able to outwork and outperform anybody, and I still am because my stamina is just like I have now trained my body and trained my brain. But part of doing that is taking a break. If you say Sarah, you have to sit down for the next eight hours or four hours or three hours and just sit here and focus and do work like, I canât do that.
[00:17:53] I need mini breaks. So even like in between coaching calls or in between sales calls or when I was doing property management and I was doing sales calls, I wasnât sitting at my desk. I was on my phone. I only ever talk on speaker. Everybody knows this about me. I only ever talk on speaker. So I was holding my phone.
[00:18:10] Itâs a little annoying sometimes
[00:18:12] âŠholding my phone like this, but I would be up. Iâd be pacing. Iâd be walking around. Sometimes it was just back and forth in a room. Sometimes Iâd go like in my closet and Iâd come out. Iâd go like down the hall. Iâd come back. But I was always up walking and that gave me like a little mini break and I wasnât getting sore.
[00:18:30] Like my hips get sore if I sit too long. So I think these mini breaks. Thereâs gold in there. So make sure and if you are someone who lives and dies by your calendar, thatâs fine. Like at least every two hours schedule yourself like a five to ten minute mini break. Now this doesnât have to be long.
[00:18:50] Sometimes people are like, âOh, I canât take a huge break because then Iâm like sacrificing time and Iâm not getting enough done.â You will get more done and these are mini breaks. I wasnât up like âhey, Iâm going to go gallivanting for like you know, 20, 30 minutes. Itâs a 5 to 10 minute mini break. It gives your brain a rest.
[00:19:10] It gives your eyes a rest. It gives you a chance to get up and move and you will get more done that way. Do you gallivant? I used to gallivant a lot.
[00:19:20] Jason: I donât even know what that means. I mean, I picture you like, I picture somebody like Monty Python or something. You should know that word. Iâve heard the word.
[00:19:29] I just canât picture what you gallivanting would look like.
[00:19:33] All right. So, so whatâs interesting is some people say sitting is the new smoking. I donât think, I donât know, but maybe itâs that bad. But I, what I do know is my Oura ring and which measures my heart rhythm and heart rate and stuff and my apple watch, which also does this stuff are constantly telling me that I need to stretch my legs or I need to stand up.
[00:19:58] I get notifications. It can tell that my heart rate is being and my heart is being affected and my health is being affected when I sit too long. So thereâs, you know, this is a legitimate thing. So getting up and moving around, I have a standing desk and itâs typically up unless Sarahâs in the room.
[00:20:17] Yeah. I donât stand.
[00:20:18] Otherwise Iâm sitting on a ball chair. And for those watching the video, I put this on my treadmill. I have a treadmill under my desk that Iâm normally Iâll walk on and I can get 10, 000 steps very easily just at my desk. And I find the days that I actually walk. I work. At the very least stand.
[00:20:36] I have a lot more energy. I was really fatigued yesterday because I didnât stand or walk and I was like super tired at the end of the day. And so, one thing I want to point out is the days that I exercise and anyone that exercises consistently knows this is true, the days you exercise, you have a lot more energy.
[00:20:57] It gives you a lot more in the tank and it doesnât even have to be long. It could be a seven minute workout. Google seven minute workout. It could be a 15 minute workout, which I do with my X three bar bands, which I think are really cool, or it could be going to the gym and like going to the gym after work.
[00:21:16] A lot of guys will do that because itâll give them that space to become human again and get back into their body and become present and kind of work out, you know, the stress of the day, but working out is a proven phenomenal way of decreasing stress. And it gives you more time. It gives you more time back. Anytime you invest into exercise is going to give you more time back. And people that work out know this. Some of the most like effective brains that I follow in entrepreneurism are very fit. And itâs been proven that when you contract muscle tissue, it pumps chemicals from your muscles that feed your bloodstream and in your brain and make you able to function more cognitively effectively. I think also the effect of discipline because it takes discipline to exercise. If you can discipline your body and discipline yourself in exercise and working out, Sarah works out, I work out multiple times a week, right? That discipline translates into business.
[00:22:22] I think a lot like itâs a big deal. And Iâve noticed that people that can focus on their body and focus on their health, their business becomes a reflection of that to some degree, and are there really fat, unhealthy, overweight people that making a lot of money? Sure. Thereâs always exceptions.
[00:22:42] However, I know that for me, Iâm a lot more effective in business if Iâm taking care of my health. So, and that lowers my stress. So should we talk about the idea of putting too much pressure on themselves?
[00:22:59] Sarah: Yeah, I think we could talk about that. And I think this kind of boils down to, itâs like the age old problem of like, âwell, I own the business and itâs on my shoulders. Like Iâm the one that has to do it. Or like, I canât get somebody to do that piece.â Like even if people hire, theyâll hire out for things, but they still hold on to things that they donât like or they really wish they could offload, but they, for whatever reason, they have this like mental roadblock and theyâre like, âI cannot, I canât give that to somebody else.
[00:23:32] It has to be me. Like people want to talk to me. Itâs got to be me. Like, oh I have to know that part of the business. I have to do that part of the business.â And itâs complete fallacy. So you donât need to do any one particular thing in your business. You can set your business up so that you do the things that you actually like and enjoy and build the business around those things and those things might change.
[00:23:58] So in the beginning, I was just talking about this on the scale call Friday, I think. So in the very beginning, when youâre like a solopreneur and itâs all you, yeah, everything is going to fall on your shoulders because itâs just you. When you start to hire though, you can start to give away things that you really donât enjoy doing.
[00:24:18] Most of the times, this is what I see people do is theyâre like, well, I really like this piece, so Iâm going to keep that piece and Iâm going to give away these other pieces. But every once in a while, I still see people that theyâre like, oh, well, Iâll ask them like, âwhat do you do in your business? Like, what do you do?â
[00:24:35] And sometimes Iâll get answers like, âwell, I do everything. Like I do all of it. Ha.â And like they laugh about it. Itâs not funny to me at all. Thatâs pain Thatâs like pain coming through and theyâre trying to like use humor to disguise it and That sounds pretty freaking awful.
[00:24:51] Jason: Sometimes laughter is the stage Before crying, so sometimes itâs the stage before crying for a lot of people theyâre likeâŠ
[00:24:58] Sarah: yeah, so even these people they have a team and Iâm like, well, what do you do? And theyâre like, âwell, I do everything,â like yeah, but then what does your team do and theyâre like, âwell They do these things and Iâm like, and what do you do?â
[00:25:09] Theyâre like, âwell, I do everything else.â
[00:25:11] â So do you enjoy doing everything else?â Most of the times itâs, they say, âno.â
[00:25:16] âSo then why are you continuing to do it?â And they have this idea like planted in their brain that it has to be them. And it doesnât, it does not have to be you. You do not need to put all this crazy amount of pressure on yourself to be like, itâs not all you.
[00:25:33] You donât need to be the face of the company. You donât just because you own it. You donât need to be the face of the company and there will be, absolutely, there will be stages in your business where you are the face of the company There will be stages in your business where you are the company. Itâs youâre like, âwell, let me talk to the leasing department⊠thatâs me. Let me talk to maintenance. Thatâs me. Let me talk to accounting. Thatâs me,â right? But at some point those things are going to shift and youâre going to keep hopefully just the things that you really enjoy doing And if itâs not something you really enjoy doing, youâve got to be able to offload that and trust your team to handle that. Thatâs also going to reduce your pressure noise a lot.
[00:26:09] Jason: Thatâs a big challenge we see it a lot. And the default for every entrepreneur is you move through the solopreneur stage, doing everything yourself. You build a team the wrong way, typically, which is you build the team based on what the business needs instead of what you need.
[00:26:25] And then youâre more and more miserable as the team scales and the business scales, your name is in parentheses next to every person on the org chart, because they all come to you with questions. And if youâre dealing with that frustration, you really should be talking with DoorGrow and letting us help you get out of that. Weâre really good at helping people restructure their teams and get out of that pressure and noise. And if youâre listening to this, you probably canât see it. You canât see how youâre doing things wrong. You just know it doesnât feel right. Youâre like, âIâm wearing hats that I donât want to wear. And I have an entire team.â
[00:27:01] And a lot of times itâs because we have some false beliefs, like âIâm the business owner. So I have to do the accounting. Or Iâm the business owner. So I have to like be the person doing sales.â Thereâs nothing you have to do. If you own the business, youâre king or queen, like you set the rules.
[00:27:18] You can decide what you want to do. You can be the receptionist if thatâs what you want to be. Thatâs your dream. You can outsource or like hire for everything else. Right. You canât see those sometimes accurately who you are and the things that you really do enjoy and what your purpose is. And so this is one of the things we help clients get really clear on and then restructuring their team so can be really helpful.
[00:27:41] So related to this, a common scenario or problem is a lot of business owners put more and more pressure on themselves simply by starting more and more businesses. And this can be a big challenge, like entrepreneurs are entrepreneurs. And theyâre like they love starting stuff. Theyâre like, letâs start some shit.
[00:28:00] They want to start more stuff all the time because starting is fun and sexy and exciting. And you can have this fantasy for the business and this new idea, and then making all that work and doing everything and all that is not so fun and exciting. So theyâre jumping to the next fun thing, and then they have the next thing they know, they have like nine businesses, you know?
[00:28:21] Sarah: Yeah. And I think the other thing I see a lot is, especially with property management, thereâs a lot of crossover, right? Theyâre like, âwell, I could do property management and that goes hand in hand with real estate. And then that goes hand in hand with doing appraisals, and then that goes hand in hand doing inspections, and that goes hand in hand with insurance, and that goes hand in hand with being a notary, oh, and I could start a maintenance company, and now I could do like a cleaning company, and I can do this, and I can do this, and I can, and you and yourself.
[00:28:50] Jason: Cool maintenance, roofing. Yeah.
[00:28:51] Sarah: And weâve seen that, and a lot of times when we see that, Itâs like, itâs completely premature because in order to have more than one successful business, you must first have one successful business. So you canât have a business thatâs like, eh, and then go, âwell, Iâm just going to start another successful business.â
[00:29:15] Well, if the first one isnât working out so well, how you do one thing is typically how you do everything. So if you have a business that isnât going super well, and then youâre like, âOh, Iâm just going to start another one.â Well, your other one is probably going to mirror very closely what the first one looks like.
[00:29:33] Yeah. Right. So I think thatâs, itâs like itâs just like temptation and itâs like opportunity and itâs just because thereâs so much that youâre like, âwell, I donât need to pay somebody to clean houses. Like I could just start a company and then my company Iâll pay myself.â But the problem is, and Iâm not saying I am like, so not saying do not start multiple businesses.
[00:29:58] What I am saying is only look at starting other businesses once the main one or your first one is super solid. Like when itâs running really well, it really doesnât need you. If you can go for like a month or two without really handling or touching or doing anything in that business, So if I can take you and I can pick you up and drop you off on a like desert island and you come back and your company is just fine, now you can look at starting another business.
[00:30:30] Thatâs not the case? Donât do it yet.
[00:30:33] Jason: Yeah. The company should be better than how you left it if you have a good business. Should be better. It should be growing. It should be healthy. Yeah, so weâre going to wrap this up. But the first first thing I want to say related that is Iâve talked about the five currencies in the past.
[00:30:50] The currency of focus. Which Sarah is talking about is the most important currency related to growing and scaling a business. The less youâre focused on, and the less youâre distracted by, the more you can help that business grow and grow faster. And so, just keep that in mind. At DoorGrow, we can help you become more of that entrepreneur that can solve all the gaps and all the problems with your one business, and it makes you a better entrepreneur for all the others.
[00:31:18] Weâve seen that happen a lot of times with our clients. And thatâs our goal is to teach you to be the entrepreneur that can have the business of your dreams. The only reason you donât have it yet is youâre not yet that person. So one of my mentors said, âJason, you donât have the business of your dreams yet because youâre not yet the person that can run it yet.â
[00:31:36] Which was a punch in the gut at the time. I was like, heâs right. So, and the other thing that Iâve learned is that opportunity entrepreneurs, we see it everywhere. Itâs everywhere. âOh, thereâs a problem. I could solve that. Thereâs a problem. I could solve that. Oh, you need a pool maintenance person? Well, you could start a pool maintenance company to for property management.â
[00:31:56] Like you, thereâs a million things you could do. That doesnât mean you should. And Entrepreneurs, some of the most powerful things that we can do as an entrepreneur in focus is to just say no and turn things down and to not do things until we really get things solid, like you were talking about. So, all right.
[00:32:15] So for those that have been watching us for a while or listening to the podcast for a while, I mean, Iâve, I talked to somebody this week that was like, âIâve been listening for like three yearsâ and it was like the first conversation Iâd had with them. If youâre sitting in the wings, listening to us, when is it going to be your turn? Whenâs it going to be your turn? When do you get to be the person that gets to be the person getting these awesome results that our clients are getting? Why donât you believe you deserve this? Why are you being so hard on yourself and making things so difficult? Why donât you reach out? Itâs one thing, like thereâs some great free stuff that we give out.
[00:32:56] We want to coach you. We want to mentor you. We want to help you. We want to support you in getting your business to actually become the business of your dreams. Have the day to day that you want, lower your stress, lower your pressure and noise, be more of what you are meant to be. More mom, more dad, more family, better pet owner.
[00:33:17] I donât know, whatever youâve got, right. Taking care of the people around you. Like we want to help you become the person you were meant to become when you started this business if youâre doing it correctly and we want to help you do it correctly. So reach out to DoorGrow. Have a conversation with us.
[00:33:36] If you have at least 20, 30, 50, 100 doors, we can start to help you. We can help you eliminate some of your crazy expenses, run lean. If you have 200, 400, or more doors, we know that this is a significant challenge place point for most people. Theyâre sometimes the least profitable per unit theyâve ever been.
[00:34:00] Theyâre the most stressed theyâve ever been. They have an entire team. We can get you out of this like we can help solve this. This is a more fun problem for us to solve than even just getting doors. Getting doors is not hard. We can help you do that. For those of you that have the challenge, getting doors is no longer a challenge.
[00:34:16] How do we deal with all these doors? How do we deal with all these team members? How do I become profitable? We want to help you with that. We can help you with that significantly. And if you have. 600 doors plus, youâve got an awesome team, maybe even a thousand doors plus. And youâre like, I really want to get more from this.
[00:34:34] I want to optimize this more. I want to support my team more. I want to invest in them. I want my BDM. I want my operator to be working with DoorGrow and to take things to the next level. I want to feed into them and give them success. Then reach out to door girl. Weâve helped clients go from 600 to a thousand doors.
[00:34:53] Weâve helped clients over a thousand doors, clean up stuff they should have done when they first started their business. Reach out to us. We want to help you out. Thereâs no reason not to. Anything that you do with us. Youâre going to get an ROI thatâs far greater than our system is paying you. Itâs a no brainer and just goo DoorGrow. com and thatâs it. So anything else? All right.
[00:35:18] I hate when you do that.
[00:35:19] I know but I want to give you the opportunity to have the last word But all right until next time to our mutual growth. Bye everyone.
[00:35:26] 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!
[00:35:53] 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 todayâs 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.
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