How to Buy a Property Management Business | Brian Lee Shields Interview скачать в хорошем качестве

How to Buy a Property Management Business | Brian Lee Shields Interview

Brian Lee Shields and his partner acquired a small property management business in December 2019. You know what happened 3 months later. Covid notwithstanding, Brian implemented lots of internal improvements at the business and bolted on a second acquisition. Just two and a half years into the journey, he exited for a premium when 2 strategics showed interest at the same time. A sampling of the topics in today's conversation with Brian: property management as a target industry for searchers; to sell or not to sell; how to gently implement new tech into an inefficient business; and burnout. ❤️ Enjoy this interview? SUBSCRIBE for more: https://bit.ly/42hLnN0 Chapters: 00:00:00. Brian’s background 00:08:11. The challenges of building momentum in startups 00:16:42. Adapting to the culture of a new industry 00:21:16. Navigating gaps in knowledge and coaching employees 00:26:52. Brian’s background in property management 00:33:52. Brian passes on a dental clinic and photo booth business 00:43:27. Brian acquires Hill & Co. 00:50:18. Implementing systems for collaboration and transparency 00:56:27. Turnover due to underperformance 01:00:07. Improved Net Promoter Score 01:06:04. Brian hires middle-level management 01:09:46. Vertical integration as a strategy in property management 01:15:14. Brian’s second acquisition: Pacific Union 01:20:04. Brian exits his businesses 01:26:47. Brian’s burnout and recovery 01:37:14. Contrast between being a small business owner and other paths CONNECT with the Acquiring Minds podcast, socials, etc. 🎧 Podcast on Spotify: https://open.spotify.com/show/2vZrl0u... 🎧 Podcast on Apple: https://podcasts.apple.com/us/podcast... 👉 Get notified of new interviews: https://acquiringminds.co 👉 Follow host Will Smith on Twitter:   / whentheresawill   👉 Connect with host Will Smith on LinkedIn:   / willsmithsf   ABOUT Acquiring Minds Acquiring Minds is a podcast about buying businesses. Acquiring an existing business is an awesome opportunity for many entrepreneurs, and host Will Smith talks to the people who do it. New episodes 2x per week. #business #acquisitions #entrepreneur