multifamily
Multifamily #Trust 30: Using Multifamily
We are on day two of the #trust30 challenge and today’s prompt is;
If we live truly, we shall see truly. – Ralph Waldo Emerson
Not everyone wants to travel the world, but most people can identify at least one place in the world they’d like to visit before they die. Where is that place for you, and what will you do to make sure you get there?
(Author: Chris Guillebeau)
Using Multifamily
I truly believe that organizations are created to serve the people that serve it. And, if done right those that are served then, in turn, serve those that participate with the organization in the way of human and fiscal transactions. Simply said, serve people and they will by default they will serve others. I use multifamily as a platform for education and the creation of wherewithal.
Education and Means
I also view my career 100% as an education that will end in my own endeavors. Today, it also provides means for the health and welfare of my family. I won’t work for someone for the rest of my life. I will serve in exchange for the education and a fair living, until that moment comes where it makes sense to move on. And, to speak to today’s prompt, using some of those means to get out into the world adds to character development.
International travel is something that I have always been intrigued by and not unlike using the the Multifamily business for an education, I see it as a way to add to and build character. And, the multifamily business is one way to fund it all.
To me, Ralph’s quote is more about who you become as a result of living out loud with no reservations as long as it is in the context of sticking true to internal values. Where would I go? Somewhere remote and unwired in any way.
Where would you go?
So with that, I sign off this Saturday morning to head for a run.
Your looking forward contributor,
M
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Multifamily #Trust30: Self Control
Day One of the #Trust30 challenge:
Nothing like a punch to the gut to get things started. The following quote and subsequent action step showed up in my inbox as promised:
That which each can do best, none but his Maker can teach him. Where is the master who could have taught Shakespeare? Where is the master who could have instructed Franklin, or Washington, or Bacon, or Newton? . . . Shakespeare will never be made by the study of Shakespeare. Do that which is assigned you, and you cannot hope too much or dare too much. – Ralph Waldo Emerson
Identify one of your biggest challenges at the moment (ie I don’t feel passionate about my work) and turn it into a question (ie How can I do work I’m passionate about?) Write it on a post-it and put it up on your bathroom mirror or the back of your front door. After 48-hours, journal what answers came up for you and be sure to evaluate them.
Self control instantly came to mind but I did not have a post-it. I chuckled and thought I could write about finding a post-it as my biggest challenge of the moment. But, that would obviously be missing the point of the exercise. So, I grabbed the nearest piece of paper and wrote the word out. Looks like Sunday mornings writing time will be dedicated to the subject of self control.
In brief opinion, self control is getting more and more difficult in the wired world. Now, I could displace it on my self diagnosis of ADHD or an Addictive Personality or I could blame it on Facebook, Twitter or any other host of social media platforms but at the end of the day, it’s on me. It’s that space between stimulus and response called choice. I get to choose what I spend my time on despite the stimulus. And, it really is predicated on my ability to control thyself.
Majoring in the Majors
As it relates to the multifamily space, my biggest challenge at the moment in my business – How can I be compassionate and passionate about rising delinquencies at our more challenged assets? The mechanisms are in place and the processes are solid. On the backside, unemployment figures are not getting any better, people are one ‘life event’ away from complete financial wipe out and poor financial discipline is exaggerate by misaligned needs vs wants logic.
There it is – would love to hear what your biggest multifamily business challenge is at the moment. Please rock the comment box below – if you feel compelled.
Either way, have a compelling weekend. It’s going to be a crazy hot 98 in #STL tomorrow.
Your thinking hard about self control
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Multifamily #Trust30: Writing Challenge with a Multifamily Bent
For those of you that take the time read our content here at mbrewer group; we want to thank you out loud! You really make it worth the time and effort. The dialog over the past seven years [through our various blog names] has been rich! We are morphing the site to include some new guest authors who I will highlight in the coming weeks. The content will remain somewhat random with a loose focus on every facet of multifamily as that is what we do. As we move in this new direction; I ran across what I thought would be a cool exercise. And, a big personal challenge. Write for 30 days straight using Ralph Waldo Emerson prompts as inspration.
The idea came from the following link:
My hope is that it does not come across as noise and my aim is to be brief in nature with each offering. Great thing about our blog is that it’s opt-in and/or opt-out. We totally understand. My additional hope is that we add some value and provoke some good discussion or good cause for sharing. Or even more compelling; your opting to take on the #Trust30 challenge.
In any event; have a compelling June. Make it a relentlessly awesome one.
Your taking the #trust30 challenge contributor,
M
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Multifamily Leadership: Know Your People Know Your Business
In the world of leadership it just makes sense that you would be out there glad handing, cheer-leading and relentlessly challenging those who serve your business. I have long held the belief that organizations exist to serve the people that serve it. Thus, it is the leaders calling to serve. And, baked into that calling is the need to know your people.
We have all been there, “Hey Fred, now what is that porters name again?,” “And, what is the assistant manager’s name?” I’ve done it myself more than once. Not only is that embarrassing, it just plain wrong. No a fact I am proud of for sure. Can we all agree that people want to feel like and more importantly know that they are part of something bigger than themselves. They want purpose, they want mission, they want values that are in alignment with their own. They want to be dignified. And, they want you to know their name and be genuinely interested in them.
Multifamily Management by Wondering Around
MBWA was made famous by Tom Peters and Bob Waterman when they researched and wrote about it in the book, In Search of Excellence. The practice was a cornerstone of Hewlett Packard’s business model. [A practice they seem to have forgotten; as of late at least.] The thought was that the most unadulterated pulse of your business comes from the front lines. The forward facing people that serve the people that participate with your goods and services. They are the ones that give you the best sense of what is and what should be as it relates to running a profitable business.
How do we do that?
First, we show up. Go ahead, make an appointment with your front line people today. Make two or three and stick to them.
Next, we ask probing questions. Get that list together ahead of time. But make sure you leave the environment open for fluid conversation.
And then, we listen! There is a reason you have two ear and one mouth. Listen twice as much as you talk and you are guaranteed to learn a lot about your people and your business.
That’s it. Simple as it sounds it is likely the most overlooked and underutilized piece of our business. We get so caught up in the deal, in the reporting, in the fire drill that we put the site visit off. We assume the people will understand. They get that we are in growth mode. They get that we are busy. They get it. It’s all good. Truth be know you rob them of their dignity, their pride and their wherewithal.
Your making several meaningful front-line appointments for next week contributor,
M
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Multifamily Leadership: Relentless Courage
We have all been there; sitting around the conference room table discussing the latest property management opportunity, issue or otherwise and you just know in your heart of hearts that no one including yourself is saying the tough stuff. Just this week I posted over at propertymanager.com about courageous conversations and moments of truth. In my head, it is the only way to grow an organization.
I love the way Hugh captures it visually over at gapingvoidgallery
The sting of unspoken words gives cause for what Hugh calls, complete agreement. On the backside we have; 1. That is the stupidest idea I have ever heard. 2. That will never work. 3. I am doing my own thing. Or, worse yet – 4. I’m not changing a thing.
Take away: Don’t be “That Guy” or “That Gal” Instead be – “Not Afraid”
Silence or compliance cheats the group out of being a better organization and you out of being a better leader.
Your ‘Not Afraid’ Contributor,
M
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