Rob & Rob dive into ambitious plans for 2025, targeting a leap in their property business from £100 million to £120 million. They share transformative strategies, including system enhancements and team expansion. Insights into engaging overseas investors and the significance of open book management highlight their plans for international growth. With exciting job opportunities and a move to a larger office in Manchester, the duo is geared up for an unprecedented year in property investing!
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Quick takeaways
The business aims for a 50% revenue increase and 100% profit boost by 2025, focusing on ambitious growth strategies.
Implementing open book management and profit sharing has fostered team alignment and ownership, driving higher performance and motivation.
Deep dives
Reflecting on a Successful Year
The past year marked a significant milestone as the business experienced its best financial year ever. An overhaul of processes and team structure contributed to this success, making operations smoother and more efficient. By reviewing the achievements of the year, the business can harness this momentum to set ambitious goals for the future. With a strong foundation established, the focus is now on accelerating growth and building upon the successes of the previous year.
Ambitious Growth Targets for 2025
The goals for 2025 include a remarkable 50% increase in revenue and an unprecedented 100% boost in profit. This growth strategy is based on the realization that fixed costs mean profit can surge once the business surpasses its break-even point. The expectation of transacting on £120 to £150 million worth of property reflects the confidence in achieving these targets. These numbers not only indicate a financial objective but also align with the plan to expand the learning and experience that will be shared in future content.
Empowering the Team for Success
A key driver behind last year's success was the implementation of open book management, allowing team members to access financial data and understand their impact on the business. This transparency fostered a shared sense of ownership and alignment with business goals, encouraging higher performance. Additionally, introducing profit sharing and equity options further motivated the team, ensuring that they feel invested in the company's progress. As the team expands, so does the potential for greater accomplishments, as the business continues to adapt and respond to market needs.
In our first AOB of the year, Rob & Rob waste no time diving into their biggest plans for 2025. After celebrating the best financial year ever, they’re aiming even higher - more deals, bigger deals, and ambitious growth for their £100m property business!
They share exactly how they plan to make it happen and reveal the “secret source” that changed the game for them.