The Doorpreneur Podcast

In this episode Tony discusses the massive impact daily, morning huddles have had on his businesses. For day-to-day operations staff and management these meetings can bring a level of clarity and direction that just isn't possible without them. Notices to vacate, applications, and terms for the upcoming month are the topics of almost every meeting. The purpose of these meetings is to keep the stress and overwhelm in the office to a minimum. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the ability of a property management company to thrive if the owners are also running a sales brokerage. When people jump from being a successful real estate salesperson to property management, it can be a serious struggle. Often, the rewards of running a big property management company don't compare well to the rewards of a successful real estate broker. Questions? Email tony@doorpreneur.com

In this episode Tony discusses having in-house maintenance and how massive the impact can be by bringing maintenance under the control of your management company, and how you'll need someone to work directly with them once you do. Not having a dedicated person for your maintenance team to work with diminishes their effectiveness and efficiency. Having the maintenance coordinator do billable work can even offset a large portion of their salary. Questions? Email tony@doorpreneur.com

In this episode Tony discusses some of the issues facing property managers in the current pandemic, how they are affecting business and things you can do to counter them. One of the beautiful things about property management is that you sit directly within the influence of many, many service businesses. This makes them ideal for incorporation into your ecosystem of service businesses. Having this additional income can really save you when the rent roll fails you.  Questions? Email tony@doorpreneur.com

In this episode Tony discusses property management systems and how so many managers are willing to put up with and accept mediocre systems in their business. The poor systems lead to high turnover rates and others prominent issues in the industry. PM's will also tend to not prioritize a high-level, well-working system, or worse, they think that someone else will just take care of it. Where are you accepting mediocre results?  Questions? Email tony@doorpreneur.com

In this episode Tony discusses dealing with property managers and owners that constantly throw themselves back into the day-to-day operations to help out because they can't say “no” and they need to be the hero even if they don't have the answer. The 3 people that are absolutely indispensable in my operation are the office manager, the maintenance manager/supervisor and financial controller. Questions? Email tony@doorpreneur.com

In this episode Tony discusses Monday.com and how he has integrated it into all aspects of his businesses. From day-to-day project management, to complete integration with other programs with the API. Often you'll have 1 program that does 1 thing so you have a big bill for all the programs you need on top of the hassle of using and maintaining all of them. Monday.com can easily replace many of your other programs and really streamline the process and save you money. Questions? Email tony@doorpreneur.com

In this episode Tony discusses his history of being a procrastinator and how gaining clarity by asking himself why he was doing what he was doing finally broke the bad habit. You need to make time to reflect on where you were, where you want to go, and what it will take to get there. Too many people think it's easy to get a lot done during a day - it isn't. It takes a massive amount of planning, willpower, sacrifice, and clarity.   Questions? Email tony@doorpreneur.com

In this episode Tony discusses some simple techniques he has come up with over the years, through lessons he has learned the easy and the hard way, to reduce your level of overwhelm once you start to grow your business. Many of these strategies can and should be started right away, before the business gets too big and you are trying to play catch up. From setting up a support email address to protect personal account, to morning huddles. Questions? Email tony@doorpreneur.com

In this episode Tony discusses thinking of your property management company as a safe place to be able to fail. You aren't so much failing as you are cutting your teeth and learning a new business. Having your own portfolio and experimenting with what works and doesn't work within that safety bubble, saves you from having to go to market blind and test things live. The faster you can get through the failures, the faster you can get to success. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the common desire to constantly grow door count without checking the underlying structure of your whole operation to make sure it's actually time to expand. Opening a second location is a very enticing idea but will never be simple and will always consume more of your time, so be sure to plan accordingly and be realistic in your expectations.        Questions? Email tony@doorpreneur.com

In this episode Tony discusses using gratitude, perspective, and tools to really change his life. From using real gratitude to let people around you know how thankful you are for them and what they are doing, to having a crystal clear perspective on what you want to do to get you where you want to be, to Learning something new everyday and sharing it. If absolutely nothing else, reach out to me for a template for the stack.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses the real role behind being a property manager and the impact it can have on the owners, tenants, staff, partners, and clients you work with. When the driving factor behind your operation can be refined down to inspiring attachment you have created a deep feeling of trust, honesty, and loyalty among each one of those groups of people, and you all benefit from it.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses his weekly process for taking a step back to evaluate his past week and plan for the new week and how this act of slowing down and really processing things can expedite the results he wants to see. It's important to recognize where you need to speed up a bit where you are slacking and also know when to pump the breaks where you might be moving too recklessly. You don't need a home run every day, just a daily single is powerful enough. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the first self development book he ever read and how it changed his life. The book brought him to a whole new level where he had a new set of questions that he could ask himself that he had never even thought of or asked himself. It is far easier to read a bunch of books and plan out what you'd like to do to get where you want to be, it is far more difficult and costly to act on those plans and keep yourself accountable.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses the 4DOORS; a system that he has in place to allow him to not only meet but crush his goals every quarter. The 4DOORS are 4 activities that you do each and  every day focused around the 4 pillars of people, properties, profits, and prosperity.   4DOORS Webinar: https://vimeo.com/423955836   4DOORS Worksheet: https://ln2.sync.com/dl/ad03a81e0/yk6g6mev-w9ttvz34-44ze8x7x-bf8zp5qe Questions? Email tony@doorpreneur.com

In this episode Tony discusses cultivating a deep relationship with a vendor over a decade and the path that eventually led him to purchase the company from the vendor. All 5 principles of The Doorpreneur Code played a role in the relationship built between these two companies over the years and made for an easier and even exciting acquisition. Join Doorpreneur Academy Mastermind: https://www.doorpreneur.com/work-with-me/ Questions? Email tony@doorpreneur.com

In this episode Tony discusses his decision to hire his fiance and the possible issues and benefits it could have for the business and the relationship. She decided she didn't want to be a hairstylist in post COVID times due to crushingly strict new guidelines and made the jump to become a leasing agent with Tony. To give up a 25 year career and jump to a completely new one takes a great amount of courage just as Tony had when he made the same decision in 2013.   Questions? Email tony@doorpreneur.com

In this episode Tony discusses his purchase of an appliance repair company and the thought process, the financial benefits, and the road that led him and his team to the decision. From shifting their new in-house plumber to take over the reins from the gentleman they purchased the business from, to offering their new, lucrative service to other landlords in the area.    Questions? Email tony@doorpreneur.com

In this episode Tony discusses the impact a hard hitting question can have on your life and how one of those exact questions brought him to property management and where he is today. There are so many people that are too afraid to ask themselves hard questions, simply because they fear the answer. The hardest and biggest questions can often bring out something special in us. Are there questions you aren't asking yourself? Questions? Email tony@doorpreneur.com

In this episode Tony discusses the fifth and final principle of The Doorpreneur Code, which is a framework that he created over the years by studying the patterns of successful people in the industry. The simplicity mindset is about making things simpler, from using technology to automate tasks that would otherwise eat up someone's time to making sure the right people are in charge of the right things to optimize their skills and strengths.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses the fourth principle of The Doorpreneur Code, which is a framework that he created over the years by studying the patterns of successful people in the industry. As the owner, are you willing to jump into whatever job role is necessary throughout the entire company to get things done should the need arise? Never feel that you above getting involved in an issue that comes up that requires action. "That's not my job" does not exist. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the third principle of The Doorpreneur Code, which is a framework that he created over the years by studying the patterns of successful people in the industry. In the property management business, we work with a lot of money, when the bottom line always comes first, the people always come out on bottom. Giving more value than was anticipated is the way to prosperity. https://www.youtube.com/channel/UC0HHruRC1pKKdJuQEvpZRoQ Questions? Email tony@doorpreneur.com

In this episode Tony discusses the second principle of The Doorpreneur Code, which is a framework that he created over the years by studying the patterns of successful people in the industry. Oftentimes we can become jaded and hardened in the property management business and to the detriment of our tenants, owners, and ourselves, this can quickly lead to a loss of empathy. We have to have the ability and desire to be able to serve before just thinking of the rewards. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the power of the phrase “Let go to grow, or die in your attempt to maintain normal,” especially in our current situation with COVID-19. He found that now is the perfect time to put aside his Ironman training (let go) to focus and build his business (grow) since the 2 events he was registered for were canceled. What are some things you have had to or should let go of to keep growing and become more than you were?    Questions? Email tony@doorpreneur.com

In this episode Tony discusses The Doorpreneur Code, which is a framework that he created over the years by studying the patterns of successful people in the industry. He goes in depth on the first and founding principle of treating others with respect and the monumental, positive cascading effect it can have on all areas of your business. This simple principle can do everything from make you more money to driving up business and respect.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses his passion for technology and the property management software he uses on a daily basis to get things done. The software discussed can drastically reduce the number of man-hours needed to complete tasks, and even fully automate other tasks to give you back that time completely. Join us on Tuesday, April 28th @ 1 pm EST for a free monday.com webinar! Zoom registration: https://bit.ly/3eIaX4Q Questions? Email tony@doorpreneur.com

In this episode Tony discusses his passion for property management and what events in his life spawned and fostered that passion. Throughout his childhood, Tony was exposed to what a real property manager can and should be through his mother. When an industry has passionate people in it, it tends to thrive, and the passion spreads to, and inspires others in the industry. Staying positive and sharing that positivity with others helps to breed passion as well. Questions? Email tony@doorpreneur.com

In this episode Tony discusses five major steps to shifting your business to the Doorpreneur way that you can start doing right now. From researching the economics of the service you are looking to incorporate, understanding the true nature of the service and talking to others that already provide the service. To asking around to see if there are any other businesses around for sale that offer the service, and creating a business plan. Questions? Email tony@doorpreneur.com

In this episode Tony discusses using your existing data on where you are currently spending the most to know-how, and when to grow your operation. The key areas to keep your eyes on are the profit margins of the business you are expanding to, the ability to repurpose existing staff, having a clear understanding of the start-up costs, H.R. responsibilities, and finally, the learning curve to become proficient at the new business. Questions? Email tony@doorpreneur.com

In this episode Tony discusses what happens when one of your largest clients suddenly sells their entire operation, what led the owner to that point, and how Tony and his team dealt with the situation. He touches on the importance of management agreements and structuring them to protect your business, taking time to think things through when things go sideways rather than freaking out, and revisiting fees to recoup some of the lost money. Questions? Email tony@doorpreneur.com

In this episode Tony discusses a video town hall meeting he recently had with all of his owners, how he structured the meeting and the outcome of being able to interact with, and supply information to all the people that needed it. The level of appreciation from everyone just being kept in the loop was surprising and has inspired Tony to make the calls a weekly occurrence.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses having to shut down a location, what that means for the business, and what brought them to that point. He goes into how important your systems and procedures are to the business before expanding, as well as the time commitment needed to actually add another location. You should also be sure that you and your partners are all on the same page for every aspect of adding a new location, so there is no contention over what the plan is. Questions? Email tony@doorpreneur.com

In this episode Tony discusses his fondness for health and fitness, which led him to compete in bodybuilding, and eventually an Ironman competition, which in-turn required him to become an expert at managing and compressing his time between the massive hours of training, work, and family. Without any time left to waste your focus can become laser sharp and removes all the fog from things you need to get done.     Questions? Email tony@doorpreneur.com

In this episode Tony discusses staying profitable, keeping an eye on your margins and making sure they are as high as possible, being on par with fees, and accounting and reporting. Can your company run without you directly at the helm? To grow the business your attention and time will be elsewhere so this is something to keep in mind. Lastly, do you have the systems and processes for the business to safely grow beyond where it is today? Questions? Email tony@doorpreneur.com

In this episode Tony discusses the COVID-19 virus, it's impact on the industry and how he and his team are handling it. Even during a crisis people are still looking to move and need to have their needs met and on the other side of the coin, as time passes the calls from those worries about making their rent begin to increase and need to be handled with great care. He also discusses practices for keeping workers and tenants safe. Questions? Email tony@doorpreneur.com

In this episode Tony discusses his routines and how they have impacted him and his business. From weekly planning, to make sure you are accomplishing what you need to, and not just looking through your inbox and social media. To morning rituals, gratitude, health and wellness, and level 10 meetings. Each routine is geared toward improving disparate parts of your entrepreneurship that'll help move and bring you, and the property management industry forward. Questions? Email tony@doorpreneur.com

In this episode Tony discusses the need and desire to grow the number of doors you have, and how to do so in an intelligent way as to not ruin yourself in the process. While the number of doors you manage is important, it doesn't paint a full picture of the person or company managing them. You must be able to diversify and generate as many revenue streams as possible from each of the doors that you manage. What could you do to increase the value to your clients? Questions? Email tony@doorpreneur.com

In this episode Tony discusses what brought him to be a Doorpreneur and why you should consider looking into it yourself. If you feel like running a property management company just isn't enough and you are constantly thinking about growing bigger and better things, being a Doorpreneur may be for you. Being a Doorpreneur provides the opportunity to have a bigger impact and position in the real estate ecosystem.    Questions? Email tony@doorpreneur.com

In this first episode Tony explains what a Doorpreneur is and how the idea grew over time. Property management isn't only about the number of doors you have. The thing that really changes the game is how many services you can bring to one door. Tony and his team now have 6 divisions in their company, from snow removal to restoration and repair. Each division was tested and refined within their management portfolio before being brought to the public. Are you leaving any money on the table with the properties you manage?   Questions? Email tony@doorpreneur.com