Posts Tagged ‘Perspective’

Landlords – What Happens When You Want to Sell Your Property?

Thursday, August 5th, 2010

This is a special guest post from our friends at AlwaysScreen.com that I thought would be interesting to you:

You’ve had fun and made money as a landlord, but you’re ready to sell your property. There’s only one catch - it’s a 4-unit that’s fully occupied. While that’s nice from a sales perspective, it does add an element of concern… how can you ensure that they keep the place looking good during the sales cycle?

A smart landlord in this situation would take the following steps without hesitation:

1. Sit down with each tenant individually.

Explain that you are trying to sell the property AS a rental/investment property that’s already fully occupied. That will ease their minds if they’re worried they’ll be evicted by the next landlord.

2. Discuss how you would like them to keep the property while it’s being shown.

Don’t be too demanding, though. For instance, is it important for beds to be made every day? Or for all dishes to be cleaned and put away asap? Make your desires very clear.

3. Determine how they’re going to know when a showing will take place.

Are you going to call them? Text them? How much of a lead time will they get? Can they be on the premises or not while a prospective buyer is walking through the property? These are all questions they’ll have.

4. Continuously tweak this process as you go through the sales cycle.

And ask for feedback from your tenants! They might have some great insights into how you can sell their property AND they can wind up with a great landlord.

Entrepreneurs - What Are Your Favorite Online Sites?

Tuesday, June 15th, 2010

We all have them — the “go to” sites we read while enjoying that first cup or coffee or tea.  But what do your favorite sites say about you as an entrepreneur?

Check out this quickie insider look and let me know if any of these types of “Internet surfers” describes you…

1.  You Jump on Social Networking Sites First!

You value relationships and don’t want to lose connections with others, whether in a personal or professional sense. 

Strengths:  You’re great at communications and staying on top of the “social scene”.

Challenges:  You may tend to get emotionally caught up in everyone else’s drama.  And that can lead to poor business decisions.

2.  You Look at Popular Local, National and World News Sites Pronto!

You’re the type who could probably name the people in charge of even the most obscure countries.  (After all, there ARE no obscure countries to you!)  You’re up to speed on the news and often “break it” to friends and colleagues.

Strengths:  You have a terrific perspective on society and the politics of the day.  This gives you some “insider” knowledge that sets you apart from competitors.

Challenges:  You may struggle as an entrepreneur to make real connections with people who don’t share your love of all things news.  It’s as if you don’t speak the same language.

3.  You Check Out More Hollywood/Gossip Sites Than Anyone Could Shake a Stick At!

Before you justify your actions, know that there isn’t anything intrinsically wrong with seeing what Perez Hilton has written before getting to work.  It’s just your style.

Strengths:  You probably have the ability to join any conversation, especially the day after American Idol is picked or something particularly shocking happened on CSI!  That makes you the “go to” person for the trendy gossip of the day.

Challenges:  While you know exactly how many kids Angelina Jolie has, you might not be as up to speed on the ins and outs of your business.  You have to train yourself to become interested in the non-dramatic, too!

4.  You Head Right for Information on Your Field!

You are the type who has immersed him- or herself in one chosen industry, and you’ll be doggoned if anyone knows it better than you!  That’s why you seek out as much info daily as you can… including on the competition!

Strengths:  You are seen as a leader in your field because you know so much.  This helps you make connections and win opportunities to speak at events or “guest write/blog” pieces.

Challenges:  You’re so absorbed by your own industry that you tend to think only on those terms.  Thus, brainstorming could be particularly difficult for you because you think only of what’s already been done, not what COULD be done.

5.  You Have No Set Surfing Habits — You Let Your Mood Dictate Your Clicking!

You’re a true “free spirit”, roaming the Internet at will!  You’ll just as likely visit StyleList as you will ParentDish or the Wall Street Journal

Strengths:  You have a wide variety of interests and are able to synthesize information quickly.  You take from a range of knowledge bases.

Challenges:  It may be tough for you to focus on your career for any length of time because you tend to get so bored!  You have to learn how to keep everything feeling new!

So… which are you???

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  • Are You Taking “Real” Vacations?

    Wednesday, July 22nd, 2009
    So many people haven’t learned the importance of taking a “real” vacation.

    When I was at the shore earlier this month, I saw people lugging their laptops and cell phones along with their sunscreen and beach towels. Sure, they were away from the office, but were they really on a vacation? No! All they’d accomplished was making their office mobile.

    They were still cranking out reports and proposals and checking their email the entire time. They might have been in a luxurious location, but they certainly weren’t on vacation.

    And I get it. You are an entrepreneur focused on growing your business.  Consequently, for a variety of reasons, you believe that you can’t remove yourself from your work - even on vacation - so as a “compromise” your office becomes mobile.

    But you aren’t helping anyone by doing this - including yourself.

    Of course, I am not advocating that it is wrong to be engrossed in your business. In fact, I am the first to admit that I am totally absorbed in mine. However, taking a “real” vacation - meaning no cell phones, no project files, and no email - actually increases your business’ financial health.

    Here’s why:

    When you take a vacation - a “real” vacation - you gain clarity and perspective about your business. This time away allows you to rejuvenate and refocus; thus, you come back from your vacation with a clear, rested mind. You have a fresh outlook on your business, which often results in increased revenue.

    My suggestion?  When you think you can’t afford to take a “real” vacation, it’s a sign that you absolutely need one.