Leadership
Next Frontier for AI: The Power of Chain-of-Thought Learning
AI is evolving. The new game-changer is Chain-of-Thought (CoT) learning. This technique allows AI to reason step-by-step, much like humans. Instead of jumping to conclusions, CoT guides AI through a logical sequence, improving decision-making and problem-solving.
Why is this revolutionary? CoT enhances AI’s ability to handle complex tasks. By thinking in steps, AI can offer more accurate and reliable solutions, making it a trusted partner in various fields, including multifamily.
What’s the future? As CoT integrates into AI systems, expect smarter, more intuitive technology.
“AI that thinks step-by-step is AI that truly understands.”
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Seest a man diligent in his business, and you’ll see success in every step.
Diligence is the secret of every thriving venture.
Success isn’t about luck; it’s about hard work and perseverance.
The diligent man finds opportunity where others see obstacles.
His consistent effort carves a path to success unmatched by fleeting talent.
“The diligent hand shapes destiny; persistence gets dreams.” – Mike Brewer Share on XDiligence is the unwavering focus on the goal, refusing to be deterred by challenges.
It’s the quiet commitment to excellence, day in and day out.
In business, diligence is the ultimate competitive advantage.
Those who master it succeed, creating legacies that endure.
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AI Impact on Multifamily Property Management
AI will revolutionize multifamily property management.
The landscape is shifting to predictive maintenance (PdM) systems that anticipate issues before they occur and provide instant resident support by AI agents.
Leasing processes are becoming seamless with virtual tours and automated applications, while energy management systems optimize utilities to cut costs and promote sustainability.
Even rent collection is becoming more efficient with AI monitoring and reminding residents, reducing late payments.
Visionaries are are already embracing this change, and soon, the rest of the industry will follow suit.
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June 2024 Reading List
Books
The Power Law—Sebastian Mallaby—The Power Law unpacks a history of venture capital’s creation. I listened to this book during several long trail runs in Georgia! It’s fascinating.
Creating the Intangible Enterprise—KP Reddy—I consider KP a close acquaintance, if not a friend. We met several years ago while hiking up Camelback Mountain in Arizona. We were both attending a conference. KP’s book provides a pure definition of AI, followed by unpacking the skills necessary to thrive in the future. KP writes with a wit and wisdom you will appreciate.
Burned Out To Lit Up Cara E. Houser—I read Cara’s book as a preface to interviewing her for my MultifamilyCollective Podcast. The episode will air later. I loved Cara’s book, as it resonated with me on every level. Cara ran hard for several years, giving everything to her work until she couldn’t. And instead of tapering – she quit cold turkey and began rebuilding her life on her terms! Game on! If you are feeling or experiencing burnout – get Cara’s book and follow her directions!
The Goal – Eliyahu M Goldratt This book is an absolute classic! Set in a factory and geared around assembly line production, it unpacks logistics in a novel format. It’s part love story, part OMG, I’m going to lose my job, if…, and part leadership. I’ve read it twice, but this time around, I decided to listen to you while training for a long trail race.
Zero to One – Peter Thiel – I’m a big fan of Peter Thiel and the way he thinks about capitalism. Zero to One is a good primer for anyone starting a business to change the world. If you are in it to change the world incrementally, this book is not for you. If you want to change the world by several OOMs, pick this up today. If you don’t know what OOM is – pick this up today.
The Courage to be Disliked: How to Free Yourself, Change Your Life, and Achieve Real Happiness—Fumitake Koga and Ichiro Kishimi—I’m a fan of Alfred Adler and his Adlerian psychology, which is sometimes referred to as Individual Psychology. So, when I read this book’s description, I was immediately intrigued. The book depicts a young man wrestling with some big questions, approaching a guru intending to debunk his theories. What happens next, as click-baiters would write, is amazing!
Lectures
Finite & Infinite Games—I don’t think I was in the right headspace for this book, but I have promised myself to revisit it.
Articles
Situational Awareness – A compelling paper about where AI is headed. [Insert Mind-Blown Emoji]
AI Is Revolutionizing Multifamily Real Estate Industry – By Vibha Gore, Chief Technology Officer – Southern Land Company, United States
Daily Readers
The Daily Stoic – Ryan Holiday
The Daily Laws – Robert Green
Vitamin B for Business – Andy Bailey
New Morning Mercies – Tripp
The Daily Collective – Mike Brewer
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An open mind is the key to discovery.
When you and I embrace new ideas, we break free from old limitations. We must approach the world with an open mind.
An open mind creates opportunities where our counterparts see barriers.
It allows us to learn, adapt, and grow in ways we never thought possible.
I encourage us to be curious, seek out different perspectives, and challenge our own beliefs.
"Open your mind, and the world opens up to you." – Mike Brewer Share on XShare this:
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