#DoorGrowShow - Property Management Growth cover image

#DoorGrowShow - Property Management Growth

DGS 219: I Didn’t Know What I Didn’t Know with Michael Sullivan

Oct 13, 2023
Michael Sullivan, a property management entrepreneur with 275 doors, shares his experience starting and growing a property management business. Topics include getting started in the industry, growing a business, having support, and scaling to the next level.
33:58

Podcast summary created with Snipd AI

Quick takeaways

  • Investing in different currencies such as cash, effort, time, and focus is crucial for scaling a property management business.
  • Being part of a community of like-minded property management entrepreneurs provides invaluable support and guidance in the journey of entrepreneurship.

Deep dives

Michael Sullivan's journey into property management

Michael Sullivan shares how he transitioned from being a successful real estate agent to starting his own property management business. After the market crash in 2008, he turned to managing rental properties and gradually grew his portfolio to 100 properties. However, he reached a plateau and struggled to scale his business. Eventually, he discovered DoorGrow and realized the importance of focusing on different currencies in his business such as cash, effort, time, and focus. He implemented systems and tools recommended by DoorGrow, which enabled him to continue growing his business.

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