Episode 141: The Evernest Story, Part 3 - People and Acquisitions
Jan 20, 2025
The hosts share their journey through the challenges of expanding into new markets like Nashville and Atlanta. They discuss early hiring strategies and the significance of team fit for growth. Insightful anecdotes highlight the use of innovative solutions, such as Rently Lockboxes, to tackle inefficiencies. The discussion also touches on the complexities of acquisitions and the importance of operational integration. Expect real stories and practical advice on building a nationwide brand in property management.
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question_answer ANECDOTE
Self-Help Kiosk
Matthew Whitaker disliked interruptions from potential tenants while working.
He set up a self-help kiosk to redirect them to the website.
question_answer ANECDOTE
Rently Lockboxes
Matthew Whitaker had a frustrating experience driving across Birmingham to show a house.
The potential renter didn't show, leading him to adopt Rently lockboxes.
question_answer ANECDOTE
Open House Showings
Evernest initially showed rental houses through scheduled open houses twice a week.
Spencer Sutton recalls spending Saturdays showing houses from 9 am to 1 or 2 pm.
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In Traction, Gino Wickman provides a systematic approach to achieving business success through the Entrepreneurial Operating System (EOS). The book focuses on six key components: Vision, People, Data, Issues, Process, and Traction. It helps business leaders clarify their vision, align their leadership team, solve common business problems, and foster healthy communication and discipline within the organization. The EOS system is designed to help businesses overcome frustrations such as lack of control, people issues, insufficient profit, hitting the ceiling, and feeling stuck. The book offers practical tools, real-world examples, and actionable strategies to drive sustainable growth and improve business operations.
Who
The A Method for Hiring
Geoff Smart
Randy Street
In 'Who: The A Method for Hiring', Geoff Smart and Randy Street offer a comprehensive and structured approach to hiring top talent. The book outlines a step-by-step method to ensure that the right candidates are selected, emphasizing the importance of defining the job, finding A players, and conducting effective interviews. It also provides strategies for avoiding common hiring mistakes and ensuring long-term success.
In this episode of The Evernest Property Management Show, Spencer Sutton and Matthew Whitaker continue their journey through Evernest’s history, focusing on the early challenges and lessons learned during their expansion into new markets. From hiring talented people and acquiring businesses in Nashville, Chattanooga, and beyond, to navigating integrations and creating scalable processes, this episode is packed with insights about growth, vision, and problem-solving in the property management industry. Tune in for real stories, practical advice, and a behind-the-scenes look at building a nationwide brand.
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Connect with Matt and Spencer at Evernest: Evernest.co