EPMEPM: Productivity

Reboot for results

The new year isn’t just for personal resolutions, it’s the ideal time to examine your business. Jo-Anne Oliveri considers how to hit the reboot button and get the most from the year ahead.

With the new year still fresh in our minds, now is the perfect time to reboot your property management business.

Here’s how you can reconnect, review, redevelop, redefine and readjust your business’s vision, targets and goals so that you can achieve even better results in 2020.

RECONNECT WITH YOUR ‘WHY’
Reconnecting with your ‘why’ allows you to reignite your passion and purpose for owning a property management business.

By doing this, you will find the focus needed to ride the highs and lows of being a business owner, so you ultimately arrive at the results you want.

To rediscover your ‘why’, take some time to reflect.

Consider the reasons you started your property management business in the first place and what you originally set out to achieve.

Reconnecting with your purpose helps you work out your vision, targets and goals for 2020.

REVIEW YOUR ‘HOW’
Once you know your ‘why’, you must then review your ‘how’.

How will you achieve your property management business vision, targets and goals in the new year?

Your ‘how’ will be the roadmap that guides you on your business journey and keeps you aligned with your purpose.

So, take the time to map out your objectives and strategies, so you don’t just know where you’re headed, but how you’ll get there too.

Doing this gives you the insight you need to reboot your business and take it to the next level in 2020.

REDEVELOP YOUR ‘WHAT’
With your ‘how’ clearly laid out, the next step is to redevelop your ‘what’.

What do you require to ensure that you achieve your business vision, targets and goals in the new year?

Planning this allows you to know every step, process, tool and task needed to become the agency you always envisioned.

Your ‘what’ also clarifies how you will stand out from your competitors, attract your target market, and be seen as a leader in your area.

Taking the time to redevelop your ‘what’ will help you reboot your property management business and keep it on track during 2020.

REDEFINE YOUR ‘WHO’
Knowing ‘what’ you must do to reboot your property management business then allows you to redefine your ‘who’.

Ask yourself who do you need to help you achieve your business vision, targets and goals in the coming 12 months?

Since there is a multitude of property management tasks, the key to success is assigning the right tasks to the right people.

Defining ‘who’, or which team members are responsible for which tasks, ensures that you get the right results every time.

In this way, you will be much better placed to achieve even better results next year.

READJUST YOUR ‘WHEN’
Readjusting your ‘when’ means putting timelines in place.

Designated timelines help you, your team and your clients know when tasks will be completed and, therefore, when results will be delivered.

This is important because it doesn’t just help you attain your vision, targets and goals with confidence but, ultimately, allows you to fulfil your ‘why’.

As a result, your business remains aligned with your purpose so that success is achieved in the new year.

If you want to reboot your property management business for even better results in 2020, now is the time to reconnect, review, redevelop, redefine and readjust.

Doing this helps you put in place everything you need to achieve your agency’s vision, targets and goals in the new year.

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Jo-Anne Oliveri

Jo-Anne Oliveri, CIPS, TRC, Founder and Managing Director of property management business solutions company ireviloution intelligence. She is an international real estate identity who has trained over 500 agencies and thousands of agency owners and property managers worldwide. Visit ireviloution.com to find out more.