Property Management Growth with DoorGrow DGS 224: Why Property Management Business Owners Need a Tribe
At DoorGrow, we have organized our clients into Tribes to provide them with connections, community, and support.
In today’s episode, property management growth experts Jason and Sarah Hull quickly talk about the importance of having these kinds of connections and being socially active as a property management entrepreneur.
You’ll Learn[01:16] Why we created DoorGrow Tribes
[03:08] Find people on your same path
[04:54] The neighbor strategy
[06:04] In-person events for property managers
Tweetables“You go faster together.”
“It's really surprising to me how many property management business owners do not know anybody else that does property management.”
“You need somebody you can look up to somebody that's ahead of you.”
“The in-between moments at conferences, events where you get to connect with people, make friends are probably the most impactful.”
Resources Transcript[00:00:00] Jason: It's really surprising to me how many property management business owners do not know anybody else that does property management.
[00:00:07] They don't really have a relationship or friendship. They're not connected.
[00:00:13] All right. Welcome DoorGrow property managers to the DoorGrow show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others impact lives, and you are interested in growing in business and life, and you're open to doing things a bit differently, then you are a DoorGrow property manager.
[00:00:33] DoorGrow property managers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not, because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships, and residual income.
[00:00:53] At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow, along with Sarah Hull, co owner and COO of DoorGrow.
[00:01:16] Now let's get into the show. All right, today's topic, we were chatting about what we should talk about, and we're about to head out on a trip. Where are we going?
[00:01:25] Sarah: We are going to Salt Lake City, Utah. And what are we doing? We're doing a tribe event with our clients.
[00:01:31] Jason: Okay. She's excited.
[00:01:33] Sarah: I am so excited. This is our first one. We're kicking it off live.
[00:01:36] Jason: All right. So we've organized our clients into tribes because we've got this awesome, amazing mastermind, and we wanted people to be able to get to know each other because this Is really important. The in between moments at conferences, events where you get to connect with people, make friends are probably the most impactful and maybe even profit evoking in like instances in interactions that you have at the entire event a lot of times. And so we want to really facilitate those for our clients and get them connected and get them creating some relationships. So we're going to be doing something fun. We are. Yeah. So what's the agenda? Why don't we tell them?
[00:02:15] Sarah: Yeah. So we're just hanging out. We're spending a full day together. So our clients decided where we were going. We had all of our clients submit their ideas for a location and then what we're doing when we're there, like some sort of activity. And then everyone voted and this was the one with the most votes. So off we go. So we are going hiking in Little Cottonwood Canyon.
[00:02:37] Jason: Okay. Yeah. And I hear it's beautiful. So it's going to be awesome. So we're going to see that. Everybody's going to be mixing a little bit of business in there and we're going to be having some good conversations and my intention while I'm there is just to benefit everybody that shows up as much as I can as coach. Right. And I'm sure that's Sarah's goal as well.
[00:02:56] And we've got to go catch a flight. So we're going to keep this really brief. It's going to be a short episode. So, why is it important to have a tribe or to have friends or to have connections in your industry as an entrepreneur?
[00:03:08] Sarah: Oh, it's so important, and in fact, studies have shown that this is arguably the most important thing that you can do so that you can be successful in your business and in your growth and in your life is just be connected to other people who are working on similar things and like on a similar path and they're growth minded. And a lot of people unfortunately don't have that.
[00:03:34] So we provide that in our mastermind.
[00:03:37] Jason: A lot of you have heard the phrase, they say that you're the sum of the five people that you spend the most time with, and I think this is true in property management, your business and your relationship with your business will be the sum of the five property management business owners that you are the most connected to.
[00:03:53] And so somebody they can also support. You know, you need these relationships. You need somebody you can look up to somebody that's ahead of you, and we definitely have people that are ahead of others in our mastermind, and then you want people that are on the same path as you, because a lot of the people, like if you've got 200 doors and you're trying to hang around people with a thousand doors, yes, you'll learn some stuff.
[00:04:12] But also the game's changed. And the things that you need to do right now to grow your business are different than how they grew their business probably 10, 20 years ago, some of these guys or gals, right? And so you need to be doing what's current. And a lot of times they're watching you to see what the next thing is or they use you as the guinea pig.
[00:04:30] They don't want to make big sweeping changes or mistakes. Small companies, you're more nimble. You get to experiment. You get to do cool new things. And we do a lot of cool new things at DoorGrow with our clients. And so you need at least five friends. And it's really surprising to me how many property management business owners do not know anybody else that does property management.
[00:04:51] They don't really have a relationship or friendship. They're not connected. And we've been focused on this strategy of the neighbor strategy. Which you can check out by going to neighborstrategy. Com. If you'd like to get access to this free training, it's really cool. And it gets you connected to your neighbors.
[00:05:07] And it helps you both make more money and get each other more business. It's a no brainer. It's one of our favorite growth strategies. And we've got two of our clients are in the Salt Lake area and they've been handing business back and forth to each other. One does focus on more on focuses more on short term, one focuses more long term and they've been feeding each other business using this neighbor strategy.
[00:05:30] And it's not just sending business back and forth. It's a little bit deeper than that. And I teach you how to convert cold leads that might come in that you can field for or give to other people into a 90 percent close rate, warm lead. And so check this training out. You want to give this to all of your neighbors, get them to do it, and you're going to make a lot more money and they're just going to feed you business.
[00:05:49] Warm leads, 90 percent close rate, easy stuff to close. Really cool. So go out and get some neighbors and maybe join the DoorGrow mastermind and get into our tribe groups and start coming to our events and make some connections. Anything else we need to say about it?
[00:06:04] Sarah: I don't think so. I think we're excited about all of the things that we're doing cause we're rolling out a couple of different styles of events.
[00:06:11] Of course we're keeping our main one, our DoorGrow live. We're going to do that once a year. It'll be every May. So mark your calendars. It'll be every May. And then in the meantime, in the interim, like for our clients, we want to provide an opportunity for at least once a quarter for us to get together, like in person.
[00:06:28] So the DoorGrowLive will always be an Austin. The tribe events, it's like once a quarter, we have the opportunity to just get some face time and get some time around each other.
[00:06:38] And I feel like every time we do an event like this, the group that attends, they're just so bonded and it's like awesome to see. So we did an event back in. April and then in May we had our DoorGrow live and a lot of the people who attended our April event also attended DoorGrow live and they were like their own little like pod of people.
[00:06:59] They were messaging each other like in the old group and. Because you just get so like, comfortable around each other and it allows you to really like create a relationship and a connection that's not on the screen because that's like the thing now everybody's like, "Oh, I like, this is how I socialize with people is on a screen," that it's not like genuine real connection.
[00:07:19] Like it's very different when you're like face to face with someone and you can. Like feel their energy. That's really hard. Unless you're Roya Mattis, that's really hard to do through a screen.
[00:07:29] Jason: Cool. All right. So make sure you start getting around some property managers and get connected to some business owners because as entrepreneurs, we kind of isolate.
[00:07:38] We feel alone a lot of times, especially in the early stages of our entrepreneurial journey. Eventually you realize the fastest way forward is to be connected. It's masterminds, it's coaches. It's getting connected with other people. It's allowing other ideas. It's not all available on YouTube and reading a book and stuff you can just do on your own.
[00:07:57] Right? You go faster together. So let's get together. So that's our message today. And until next time to our mutual growth, check us out at DoorGrow.com. We would love to support you and your growth and move you through the DoorGrow code. If you go there, there's a free training. If you click the pink button on the homepage and you can learn all about what we do, how it can help you grow, book a call with our team and watch a whole bunch of testimonials and case studies of people that are scaling the shit out of their businesses. So we'll talk to hopefully you soon because you deserve this and you should be moving your business forward and should stop feeling frustrated, tired, and drained by your business. This should be fun. You should be making a lot of money. All right. That's enough. Talk to you soon.
[00:08:39] Bye everyone.
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