In this podcast, the hosts discuss growth strategies in property management. They cover topics such as lead generation strategies, setting growth goals, forecasting, investing in company culture, and celebrating top operators in the industry. They also highlight the importance of enjoying sales and marketing strategies, leaning financially into growth goals, forming mastermind groups, and setting growth goals based on how much 'strain' you are willing to take on. The podcast explores the significance of having a point of view in content creation, the power of forcing functions and removing friction, finding the right growth strategy, setting expectations and forecasting for the future, and the power of coaching relationships and storytelling.
Setting realistic goals and creating forecasts are crucial for driving growth in property management businesses.
Sharing success stories and case studies within the industry inspires innovation and improvement.
Building relationships and fostering a sense of community through collaboration and learning from peers drives growth in property management.
Deep dives
Introduction of Strategic PM Magazine and This Week in PM Show
Jeremy Pound discusses the launch of Strategic PM magazine, a publication focused on celebrating and highlighting the achievements and innovations in the property management industry. He also introduces This Week in PM, a live show that provides industry updates and insights every other week.
The Importance of Setting Goals and Forecasting
Jeremy emphasizes the significance of setting realistic goals and creating forecasts for property management businesses. He highlights the need for long-term planning, making informed investments, and avoiding complacency to achieve growth and success.
The Power of Storytelling and Case Studies
Jeremy discusses the importance of sharing success stories and case studies within the property management industry. He explains that these stories inspire and educate others, showcasing what is possible and encouraging innovation and improvement within the industry.
The Value of Relationships and Community
Jeremy emphasizes the value of building relationships and fostering a sense of community within the property management industry. He highlights the power of collaboration, masterminds, and learning from peers to gain insights, solve challenges, and drive growth.
Building Profitable and Sustainable Businesses
Jeremy emphasizes the importance of profitability and sustainability in property management businesses. He advocates for investing in people, setting realistic budgets, and making intentional choices that align with long-term growth and success.
In this episode of the Profitable Property Management Podcast, hosts Jordan Muela and Jeremy Pound discuss strategies for driving growth in the residential property management industry. They cover topics like lead generation, forecasting, goal-setting, and investing in company culture.
Topics
Lead generation strategies: inbound, outbound, referral marketing
Setting realistic yet ambitious growth goals
The importance of forecasting and goal-setting
Investing in company culture and employees
Celebrating top operators in the industry
Removing friction to enable creation and growth
Guest: Jeremy Pound - Sales coach and co-founder of RentScale and This Week in Property Management Rentscale.com Salesmastery.live
Key Moments:
The importance of enjoying the sales and marketing strategies you pursue based on your strengths and temperament (12:25)
Leaning financially into growth goals and ambitions (20:04)
Mastermind groups forming among roles like operations managers and maintenance coordinators (33:07)
Setting growth goals based on how much "strain" you are willing to take on (39:18)
Origins of Jeremy's idea for a property management magazine (43:15)
How to subscribe to the Strategic Property Management magazine and podcast (49:54)
Be sure to subscribe to This Week in Property Management on YouTube for more great content and insights from Jordan and Jeremy!
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