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Why Action Trumps Theory in Multifamily Leadership
Photo by Ethan Elisara on Unsplash In business, there’s often a strong emphasis on conceptual strategies and theoretical approaches. Boardroom discussions have key metrics, performance indicators, and, at times, the dreaded PowerPoint presentation. While there is undeniable value in planning and strategizing, the true measure of effective leadership in the multifamily sector is not merely…
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Leading in Multifamily: Resilience and Growth Through Challenges
Photo by Nik on Unsplash The multifamily career requires a unique breed of leaders. Leaders in this space, like the properties they oversee, are multifaceted, displaying resilience, adaptability, grace, and an inherent ability to grow. Resilience Resilience is not just about surviving; it’s about thriving. Every leader faces various challenges, from human concerns to economic…
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Leading the Multifamily: Harnessing the World Within Each Individual
Photo by Nicholas Green on Unsplash The multifamily industry is not just about buildings, amenities, or strategic locations. At its heart, it’s about people—each unique, bringing their world into the community. The ancient saying, “In One Man is the whole world,” encapsulates the philosophy that within each individual lies a universe of experiences, aspirations, and…
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Resilient Leadership: Thriving Amidst Challenges
Photo by Jeremy Doddridge on Unsplash In the real estate space, multifamily types understand that leadership isn’t just about penciling out a straightforward path to success. Winston Churchill famously said, “Success is stumbling from failure to failure with no loss of enthusiasm.” This sentiment captures the essence of resilience required in multifamily leadership. Our beloved…
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Leading with Vision: The Pillars of Multifamily Industry Excellence
Photo by Anastasia Petrova on Unsplash Imagine a room where you have creative freedom. But there’s a security guard who keeps telling you, “You’re too old,” “You’re not creative,” or “You can’t do this.” Would you let him stay? Most certainly not. Just as you would escort this guard out of your room, it’s crucial…
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Leading with Resilience: The Growth Arc of Multifamily Industry Professionals
Photo by Alex Shute on Unsplash The multifamily industry is ever-evolving, not unlike every other business category in the world. Its leaders are central to this dynamic growth – professionals who consistently rise to challenges and pivot to create new and ongoing opportunities. Along this line, I recently heard Author Brooks say the following on…
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Opportunity and Recognition: The Pillars of Success in Multifamily
Photo by Clark Tibbs on Unsplash Recognizing and crediting your team’s efforts in the multifamily space isn’t just good manners; it’s the foundation of sustainable growth. Drawing inspiration from Napoleon Hill’s profound insight (one of my all-time favorite authors), we will unpack the pivotal role of acknowledgment in fostering a thriving, cooperative culture. Learn how…
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Leadership in Multifamily: Why Excellence Starts in the Restroom
Photo by Juan Marin on Unsplash The multifamily space, like any other industry, thrives on leadership. But in this space, leadership is more than just inspiring teams and reaching occupancy goals. It’s an intricate dance of understanding the nuances of communal living, respecting residents’ needs, and maintaining impeccable attention to detail. It’s said, “It’s all…
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Empathy vs. Communication in Business: Which Drives Success?
Photo by Annie Spratt on Unsplash What truly drives business success? Is it the ability to empathize with customers, team members, and vendor partners? Or is it transparent communication that holds the key? It’s a worthy debate, so let’s weigh the pros and cons of each to determine which is more crucial in running a…
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Integrating Dharma into Multifamily Leadership: A Guiding Principle for Executives
Photo by Ruy Reis on Unsplash Dharma, a concept deeply rooted in various philosophical traditions, isn’t often associated with multifamily leadership. However, its principles can have a profound impact on the way we approach leadership in our field. What Is Dharma? Dharma refers to the path of righteousness, the ethical and moral principles guiding an…
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The Subtle Art of Leadership: Lessons from Architecture
Photo by Hans Reniers on Unsplash In my readings and research, one particular story stands out, echoing a lesson that is deeply insightful and yet so seemingly apparent. This wisdom, shared by a wise man with a passion for architecture, intertwines the worlds of architectural design and leadership to reshape the way we perceive both.…
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