burnout
The Brass Ring
I’ve worked for people who think the brass ring is a form of motivation.
It’s not.
It’s disrespectful and unbecoming.
It’s inane.
It’s a nebbish form of leadership.
It’s a form of perceived bondage.
You give me your blood, sweat, and tears.
I give you ‘wealth.’
The pursuit itself leaves a person empty.
The more you reach, the more you risk missing what truly matters—balance, health, and relationships.
Success without purpose is just another form of failure.
Punchline: you create your opportunities.
You are no more or less different than the person offering the ‘brass ring.’
They know nothing more or nothing less than you do.
They are just more audacious.
“Success isn’t the destination; it’s the alignment of what you achieve and what you value.” – Mike Brewer
Harnessing Passion Without the Burnout
Passion fuels excellence.
Too much passion – not good.
Why?
Overconfidence and burnout.
Managing passionate people takes strong finesse.
It would help if you encouraged regular check-ins to gauge workload and stress.
Promote a culture of realistic goal-setting.
Foster open communication about challenges.
Encourage balance over a continuum to prevent burnout.
Force function opportunities for rest and recovery.
Acknowledge and reward efforts, not just outcomes.
Passionate people need guidance, not micromanagement.
Help them channel their energy constructively.
Balance ambition with achievable milestones.
Be proactive in identifying signs of overextension.
Remember, passion should drive sustainable success.
By managing passion wisely, you’ll cultivate a resilient and high-performing team.
"Passion is a powerful engine. Guide it, don't rein it in." – Mike Brewer Share on XMaximizing Efficiency in Multifamily Property Management: Unlocking Potential with The ‘Rule of Three’
Boost Productivity and Efficiency by Understanding the Human Brain’s Tendency to Best Manage Three Tasks
Photo by Jack Hunter on Unsplash
Summary
Managing multiple tasks effectively is crucial to success in multifamily property management. But how often do we consider the science of our brains when structuring our task list? Recent research indicates that the human brain can optimally focus on three things simultaneously. This “Rule of Three” applies not only to cognitive processing but also to memory and decision-making. By understanding and applying this principle, multifamily property management can reach new heights of productivity and efficiency.
Problem
Problem Paragraph: Professionals often juggle numerous responsibilities at once in the multifaceted world of multifamily property management. Resident concerns, team member concerns, property maintenance, financial management, and legal compliance are just tasks demanding their attention. This constant barrage of responsibilities can decrease efficiency and productivity, leading to subpar property performance. Moreover, the pressure of multitasking may lead to burnout and decreased engagement and satisfaction.
Solutions
- Simplifying Operations: Property managers can focus their energy more effectively by prioritizing the top three tasks. This will increase productivity and result in high-quality outcomes as managers can dedicate more resources to each task.
- Enhancing Decision-Making: The “Rule of Three” can also apply to decision-making processes. Managers can make more informed, effective choices by focusing on three critical factors in each decision, leading to superior outcomes.
- Reducing Burnout: By limiting the number of tasks requiring immediate attention, managers can mitigate overwhelming feelings, leading to less burnout and higher job satisfaction.
- Improving Memory: The brain’s natural tendency towards groups of three can be leveraged for better recall and information management, particularly useful in the information-intensive field of property management.
- Building Strong Relationships: With more focused attention on a few tasks, managers can provide better services to their team members, residents, vendor partners, and clients.
Mastering Stress: How Multifamily Property Managers Can Protect Their Health
Tips for Effective Stress Management in Multifamily Property Management
Photo by Elisa Ventur on Unsplash
Summary
Multifamily property management can be stressful, and those who don’t know how to fight worry will suffer from health problems. My message today is aimed at multifamily property management leadership and provides tips for effective stress management.
Problem
Stress is a common problem in the multifamily industry and can lead to various health problems, including heart disease and depression. Additionally, stress can impact decision-making, productivity, and the overall quality of work.
Solutions
Effective stress management can help multifamily leadership protect their health and improve decision-making, productivity, and the overall quality of work. Some solutions include practicing mindfulness (I highly recommend Sam Harris’ Waking Up App), taking breaks, delegating tasks, and setting realistic goals. By implementing these solutions, multifamily leadership can improve their work-life balance and avoid burnout.
Key Phrases: stress management, multifamily property management, health, productivity, work-life balance
category: Property Management
Keywords: stress management, multifamily property management, health, productivity, work-life balance, decision-making, burnout.
