Episode 100: Shots Fired! The Funny and Sometimes Painful Stories of Property Management
Oct 2, 2023
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Join Spencer and Matthew as they share funny and painful stories from their 15 years in property management, including the costly consequences of hiring the wrong person and hilarious tales of employees misusing company credit cards. They also reflect on unexpected employee departures and stress the importance of hiring the right people.
The importance of hiring slowly and firing fast in the property management industry.
Trusting your intuition about people and addressing concerns promptly can prevent costly consequences.
Maintaining responsible behavior and a professional image is crucial in property management.
Deep dives
Spencer's Faux Pas
Spencer and Matthew share a story about hiring an employee who failed to give proper notice when leaving his previous job. Despite their concerns, they still hired him, leading to costly consequences. The lesson learned is the importance of hiring slowly and firing fast.
The Booger Story
Spencer and Matthew recount a story about an employee who appeared to be working hard but achieved very little. After investigating, they discovered that he had been picking his nose and wiping boogers underneath his desk. This story serves as a reminder to trust your intuition about people and address concerns promptly.
Thirsty Thursday
The hosts recall a story about an employee who overslept due to excessive drinking during a Thirsty Thursday event. While they found humor in the situation, it emphasizes the importance of responsible behavior and maintaining a professional image.
Fireworks, Beer, and Cigarettes
The hosts discuss an incident where an employee used a company credit card to purchase fireworks, beer, and cigarettes. This highlights the need for regular audits and maintaining a culture of discipline within the organization.
Shots Fired
The hosts share a story about an employee who compared the stress of their job to being fired upon in the military. This employee abruptly quit one day and never returned. The story reinforces the challenges and demands of the property management industry.