The Hotel Investor Playbook

From Vision to Execution: Our Framework for Hospitality Success | Mike & Nate E15

Jan 28, 2025
Discover how to turn visions into reality in hospitality! The hosts share a four-step process to achieve your 2025 goals, emphasizing actionable strategies. Learn how to align personal values with professional ambitions for sustainable growth. They discuss the importance of crafting clear objectives and creating accountability structures within your team. Dive into insights on building an effective accountability framework and empowering staff for future success. Tune in for practical advice to work smarter, not harder!
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INSIGHT

Start Vision With Desired Feelings

  • Vision starts by defining how you want to feel at the end of the year and what success looks like emotionally.
  • Translate that feeling into measurable indicators before designing the how.
ADVICE

Use Quarterly Chunks To Execute

  • Break yearly objectives into quarterly chunks to make progress tangible and manageable.
  • Use those 90-day objectives as the bridge from vision to daily work.
ANECDOTE

Maui Offsite Created The Team Vision

  • Nathan flew the team to Maui to build the 2025 vision in person and gather input from everyone.
  • The team then set an $840,000 net income target and other high-level goals.
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