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Masty o Rasty | پادکست فارسی مستی و راستی
EP323 Masty o Rasty (مستی و راستی) - Sadeq Bigdeli vs Jason (Part 2)

Masty o Rasty | پادکست فارسی مستی و راستی

Play Episode Listen Later Feb 5, 2024 103:54


Sadeq Bigdeli is a Barrister & Solicitor in Ontario, Canada. His firm (Bigdeli Law) is active in the area of immigration and corporate/commercial and trade law. This is part 2 of his discussion with Jason -------------------------To learn more about psychedelic therapy go to my brother Mehran's page at: https://www.mindbodyintegration.ca/ or to https://www.legacyjourneys.ca/ for his next retreat.***Masty o Rasty is not responsible for, or condone, the views and opinions expressed by our guests ******مستی و راستی هیچگونه مسولیتی در برابر نظرها و عقاید مهمان‌های برنامه ندارد.***-------------------------King Raam Tour:Melbourne - Feb 16Sydney - Feb 17London - Apr 20Vancouver - June 8Toronto - June 14Montreal - June 16kingraam.com/tourSupport the showSocial Media: @kingraam Voice Messages: www.t.me/mastyorasty Merch: www.kingraam.com/merch NFT: www.foundation.app/kingraam Donations: paypal.me/raamemami Venmo: @kingraam

#DoorGrowShow - Property Management Growth
DGS 219: I Didn't Know What I Didn't Know with Michael Sullivan

#DoorGrowShow - Property Management Growth

Play Episode Listen Later Oct 13, 2023 33:58


Michael Sullivan is a property management entrepreneur who has grown his business to 275 doors. Join property management growth experts Jason and Sarah Hull as they chat with former DoorGrow client Michael Sullivan to learn about his experience starting and growing a property management business. You'll Learn [01:44] Getting started in the property management industry [07:49] Growing a property management business [24:01] Having support and feeling fulfilled in the business [28:13] Growing and scaling to the next level Tweetables “To go faster, you need to invest the currency of cash if you want to get more of the other currencies and to get the business to the next level.” “If you're not making mistakes, you're not learning.” “A lot of us business owners, we have a bit of ego.” “Being an entrepreneur can be one can be very lonely, and it is really important to have people in the same industry kind of in your village.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] Jason: To go faster, you need to invest the currency of cash. If you want to get more of the other currencies and to get the business to the next level. Welcome DoorGrow hackers to the DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing in business and life, and you're open to doing things a bit differently then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management, growth expert, Jason Hull, the founder and CEO of DoorGrow, along with Sarah Hull, the co owner and CEO of DoorGrow. [00:01:09] Now let's get into the show and our guest today is Michael L Sullivan. Michael Sullivan is here hanging out with us. He is a client of ours and of Sullivan property management. Did I say that right? MLS ullivan property management. All right, your initials. Got it. And Michael, welcome to the show.  [00:01:33] Michael: Thank you. Thank you very much. Good to be here.  [00:01:36] Jason: We're glad to have you. So we've really enjoyed having you in our program and it's been really amazing seeing your progress. So maybe to kick things off, let's start with talking about how you got into this crazy industry of property management. Like you woke up when you were like maybe five years old and said "property management is the thing for me" maybe. [00:01:57] Michael: Yeah, like every little boy and girl, dreams about being a real estate agent or a property manager.  [00:02:03] Jason: It's right there next to veterinarian and firefighter. [00:02:06] Michael: I think that's right. That's right or professional baseball player so, I left the teaching profession in 1993 and became a real estate agent, a general brokerage real estate agent here in the Greater Research Triangle region of North Carolina, and I did very well. I, on average, sold anywhere between 5 and 15 million dollars worth of real estate when our average sale price was $150,000. Yeah, we were shifting a lot of shacks, and it was a good life. And for the 15 or so years between 1993 and the Great Recession of 2007, 2008, my biggest fear was, "what is going to happen when the market flips?" Because inevitably, real estate flips. It goes from a boom market to a bust market, a buyer's market to a seller market. And so during those years, I socked away cash. When the market crashed in 2008, I had an inventory of 40 general brokerage homes that were for sale. I had clients that were still moving to Massachusetts or Plano, Texas, or Austin, or Seattle, you know, to the other tech hubs in the United States and my clients were like, "All right, problem solver, what are you going to do because we still have to move?" And I was like, "we're going to rent them." And so with an Excel spreadsheet and time, because I had lots of time then I started managing property and in the first year, our goal was 30 homes and we had 50 and it was me and one part time assistant and an Excel spreadsheet. Well, after about 18 months, that didn't work anymore. So I went out and I found what I thought was a reasonable property management software. And then over the course of the next decade or so, we got up to 110 properties or so and things were good, you know, we were chugging along and profits were good, but I really didn't know what I didn't know, I kind of. [00:04:22] Believe that once you had an Appfolio or a Buildium on board that you had won the day and that your business was set and you know, it should be easy. And I soon discovered when I got to 115 doors and just kind of got stuck there that the business wasn't growing the way it should be. And I couldn't figure out why. I was on Facebook one day. And there was this guy, Jason Hull, talking about this company called DoorGrow. And so I did the click, click, clickety click. And then I started listening to some of his podcasts and I started researching DoorGrow and I thought, " huh, this guy knows a whole lot about this industry and maybe this is someone I need to engage with." and so that's how I came to DoorGrow about two and a half years ago, I think.  [00:05:21] Jason: And now you're on one, you're on one of the podcasts.  [00:05:24] Michael: I know.  [00:05:25] Jason: So what challenges did you start to realize you were dealing with at the time? Because generally, you've made a ton of changes in your business since working with us, and you know, it's been impressive to watch. What do you feel like were your challenges at that time? Like, what did you not know that you did not know? So  [00:05:43] Michael: I knew that there were currencies in a business, but I didn't know that there were five of them. And I knew that I was working really hard. So the currency of effort was there. Yeah, my bank account showed me that the currency of cash was there. Yeah, the currency of focus was really lacking because I was still doing a lot of general brokerage and still trying to do property management. The focus of energy was lacking. Because it was draining me kind of going in these different directions. And then there was a lack of time. I didn't have time to take off. I didn't have time to turn it off because it was me and an assistant property manager at that time, I was still doing all of the day to day operations and the round pegs in the round holes work. And figuring out those currencies and how to better divide them and focus on them was one of the things that I didn't know and that once I could put a name to it and once I could focus on fixing where there was a deficiency, then I kind of won the battle. I felt, you know, before you launched all of your different systems to help property managers, I listened to you and I went out and got Lead Simple. I went out and got Property Meld and kind of brought them into the fold. And I recognize that those tools, which you paid dearly for using these outside vendors, really bring you a wealth of time that didn't exist before. So I was able to capture that currency and by extension, the currency of effort was able to kind of tamp down because I had systems now in place to deal with the endless maintenance requests that having a practice that. Goes up over a hundred percent in growth is going to require.  [00:07:48] Jason: So let's talk about that growth. You had mentioned you'd gotten up to maybe, where were you when you started with DoorGrow?  [00:07:56] 118. [00:07:58] 118. Okay.  [00:07:59] And where are you at right now?  [00:08:01] Michael: 275.  [00:08:03] Jason: I mean, it sounds like you had pretty decent profit margin before. Well, what was that? If you don't mind sharing, what is it? [00:08:09] Michael: So, on a gross per door basis, when I joined DoorGrow, we were right at about $122 a door per month. Yeah. And today we're up. $153 and 82 cents per door per month.  [00:08:26] Jason: That's very specific. So, you know, your numbers, which is good.  [00:08:30] Michael: Well I try. Yeah. And year over year revenue increases from last year is up 58.7%.  [00:08:36] Jason: Wow. That's awesome. So money's up. So the cash currency has improved the focus currency. Have you been able to do less in the business and narrow your focus?  [00:08:48] Michael: Yes. So Saturday is my benchmark. I call it my Zen day. And if Saturday can be a Zen day for me, where I don't feel like I have tasks that I have to accomplish, that I can do the things that I want to do, still working on the business, not in the business, then I feel like the week has been a win. If I feel like there are pressing tasks that I have to work on within the business on Saturday, then I feel like the week has not been a win. So if Saturday is Zen, if I come into it feeling very kind of centered and relaxed, then I feel like things are in balance the way they should be. [00:09:34] Jason: So what percent profit margin are you operating at now?  [00:09:37] Michael: So coming into this year 2022, we were at 27 percent profit margin, but a lot of that was really underpinned by very robust general brokerage sales. I made a concerted effort this year to pour gasoline on the fire to really grow the business. The goal is to be over 300 doors by the end of the year. So we're 25 away. Nice. I'm pretty sure we're going to make that, you know, that goal. But our profit margin right now is at. 11 and a half, 11 and three quarters percent. So it's down substantially, but that was deliberate.  [00:10:14] Jason: Got it. And is deliberate because  [00:10:18] Michael: why? [00:10:18] Because we're making an investment in people. We're making an investment in systems and we're making an investment in things like vehicles and computers and marketing.  [00:10:30] Jason: Yeah. So I think that's an important thing for business owners to recognize that. To go faster, you need to invest the currency of cash if you want to get more of the other currencies and to get the business to the next level. And you can grow faster if you have thinner margins, which can feel a little more dangerous. And you know, if you're investing into the growth of the business and into the future, but you know how to add doors, so this isn't a concern for you. [00:10:57] Michael: It isn't. My bookkeeper and my accountant were a little apoplectic until I told them like, this is where we're going. And what I said to my bookkeeper was before the great depression of 1929, Ford motor company was the preeminent motor car company in the world. They had an amazing market share. Then the stock market crashed and the economy tanked and Ford circled the wagons, folded their tents and got very conservative. They scaled back. General Motors, by extension, said, "ah," and they saw it as an opportunity and they poured gasoline on the fire. And for the next 70 years, General Motors was the dominant car company in the world. And so I kind of am using that model.  [00:11:47] Jason: Yeah. So, now a lot of people listening to this might think, well, cool, I can get Property Meld, I can do something, you know, get something like Lead Simple, or we have a better tool now, which is DoorGrow Flow. " I can go and get tools and maybe I can do it on my own." Because I think this is the challenge. A lot of us business owners, we have a bit of ego. " I've made a lot of mistakes in the past and we think I can do it myself. Maybe if I watch enough YouTube videos, listen to enough podcast episodes, I can figure it all out on my own. I don't need DoorGrow or I don't need it." Like, so what would you say to people that listening to this or thinking that?  [00:12:22] Michael: So I would say to them, when I think back to me and one assistant and 115, 110 doors and good profit margins. You know, and a good life. I was in a really kind of felt very isolated and very alone I didn't have other friends or colleagues in the property management space that I could talk to. I felt like I was the only person in the world that was doing this, and once I joined DoorGrow and made very valuable, long lasting friends within the organization that I can call on off hours to discuss specific problems related to property management, that burden of feeling on my own and alone disappeared. Being an entrepreneur can be one can be very lonely, and it is really important to have people in the same industry kind of in your village. And that's why that's 1 of the benefits of joining DoorGrow is that I can call friends in Texas, Idaho, Pennsylvania, California and say, "hey, I've got this going on. What do you think?"  [00:13:40] Jason: Yeah, and I think you know, that's a testament to you is that you've been such a contributor that in the mastermind that it's allowed you to connect with all of these people, you know, there are some people that join the program and they still stay somewhat isolated. They're like, "I'm going to watch videos I'm going to learn stuff and do my own thing and they maybe don't get some of those advantages or benefits But I think that's key. [00:14:02] So yeah Yes. I mean, Sarah, when she had her property management business, I imagine you experienced some of the same sort of things of thinking it's. You know, this is, you're the only one in the world doing this. You're on your own.  [00:14:17] Sarah: Yeah, very much. And especially in the area that I was in I was always different and I just kind of do things differently and I think differently and oftentimes people are like, she's nuts, like, why would you do that? [00:14:29] Even my mom, sometimes she's like, are you sure you're going to do that? Like, are you sure? Like, I'm kind of nervous. But I've just always done things a little differently. And it's so, it is really lonely. And I think the mindset that I had back when I was in Pennsylvania versus, you know, the mindset I have now really has a lot to do with who you surround yourself with and that can. [00:14:53] I think it can just give you hope and it can show you like, Hey, like, I'm not so crazy. Like I've got it. Like I've got it figured out and I'm like doing the right thing and I'm on the right path. And you know, it feels right, but sometimes it's just, you know, you're like, Oh, is this really right? [00:15:07] Because it feels good to me, but man, everybody else is doing something so different.  [00:15:12] Michael: Yeah. And that's another benefit that DoorGrow has given me is. I now have the ability to say no. So I am the business development manager. I have someone in charge of maintenance. I have someone in charge of tenant experience. [00:15:28] I have someone in charge of ops within the office. They color within their lines and we are good. My job is to go out and build the business to work on the business, not work in the business. And until I joined DoorGrow, it didn't matter what came my way. Property wise, I was going to take it last week. I turned away more properties than we took on because they weren't the right fit. [00:15:53] And I have a very nice conversation with prospective clients about qualification and that they're qualifying us to make sure we're a good fit for them. But at the same time. I'm qualifying them, their mindset, their properties, their attitudes toward spending money, their attitudes toward maintaining their properties, and if those things don't align with what we believe here, that housing is a human right that people have the right to live in nice homes that are maintained and maintained properly, then We're not going to accept the business. [00:16:30] We're also not going to accept people that are rude, mean and abusive. Because I've learned since kind of letting the stress of being a general brokerage real estate agent. Slip away that there is plenty of good business out there and that it's more important to have the Philosophical fits with the business than it is to take just any property no matter what the cost  [00:16:57] Jason: Yeah, your ability to say no in business Gives you a business that you feel you can easily say yes to each  [00:17:03] Michael: day. [00:17:04] That's right.  [00:17:05] Jason: Yeah. Yeah. It's nice to not have to wake up and go, man, I really don't want to do this today. And that's because we're setting boundaries for ourselves and that boundary in those containers allow us to create a business that we really like to be inside.  [00:17:20] Michael: Right. That's correct. Yeah. Now,  [00:17:22] Jason: when you came. [00:17:23] To us DoorGrow initially. I remember like you really had this mindset that you, and now you're doing business development, you had mentioned, you really believed you were the operator. It all was on your shoulders to operate the business, do operations, and you were good at it, but you believe that was your primary gift, I think, to the business and what your contribution needed to be. [00:17:45] And and I know you had some conversations with Sarah and some shifts in that, so could you touch on that a bit?  [00:17:51] Michael: Yeah well, control freak and always have been a control freak. I know one of those. You know, own it. And to a certain degree, I still, I observe. I trust and verify, but I don't get involved. [00:18:07] My number two said it best the other day. He said, yeah, with you. I only have to come to you if I know it's a problem that I can't solve. So I have kind of empowered the people who work with me to color in their lines. And when they are in trouble, come here and ask and we'll figure it out. I have also given them permission to make mistakes because if you're not making mistakes, you're not learning. You're static, and I let them see that I make mistakes and that I admit when I make a mistakes above all else. I expect complete honesty here. We make mistakes. We admit our mistakes. You know, if we have to eat it because it's a financial error that we've made well, then by golly, we're going to eat it because it was our mistake. And we come by it honestly the empowerment of becoming a business development manager is I don't have to worry that the books are balanced every week because I know that there is someone who I've paid good money to who has balanced the books and they can't hide because the system has been created where I can see that it's been uploaded into the accounting software and that the books are in balance. [00:19:25] I can verify that the financial piece of the puzzle in the business is running properly because I get a report monthly from my accountant and my bookkeeper that says, "this is where we are. This is your cash flow. This is your profit. This is where you're spending a lot of money. Are you okay with that?" and I pay them good money to do those things. I have a maintenance coordinator who deals with maintenance and on the Property Meld dashboard, which I log into every morning. I can see the tasks picking off or I can see things progressing and I can see that we're handling our maintenance requests in 3 to 4 days on average and that's fine. I've also told him to maintain his sanity because he's a bit of a control freak. If it's after hours and it's a garbage disposal in a dishwasher and it's after 5 o'clock, you don't need to deal with that today. If it's a leak and we have a catastrophe, then you deal with that after five o'clock, but the small stuff can wait until tomorrow. [00:20:26] It's still important. It's important to get it done and move it off our plates, but you don't have to deal with it when you need to be spending time with your children at soccer camp or baseball practice or whatever he does in the evening with his four kids. And then my other teammates, I can see that they are moving their tasks forward and that I don't have to worry about the job that they're doing. And that's empowered me to go out and find the right properties to bring into the practice for us to manage.  [00:20:56] Jason: You know, one of the gifts that I see in you, which I think really sets you apart, Michael, is coming into the program you're really intelligent. You know this. You're an intelligent guy. I think everybody can pick that up just by hearing you and listening to you. But even though you're intelligent, you have humility about, you know, and this openness to learning. And you've come into the program and you just started to do stuff. Like you tried it out. You experimented, and you allowed yourself the time to prove whether or not it would work or not. And some of the times we get clients that are intelligent, but they're not humble and they're usually the biggest stumbling block to themselves. So I just wanted to point that out. I'm curious what Sarah's experience has been of you as well, because she worked closely with you on like reviewing some of the systems, reviewing your team assessing you and some of this kind of stuff. [00:21:54] Sarah: So, yeah, I think I definitely agree with what you just said about being open to learning and trying things just a bit differently. And I think a lot of entrepreneurs, we do things differently. We're okay with that. But sometimes if it's not our idea, then we're like "I don't know if I want to do it because I didn't think of it." right. So, I think Michael is, he's open to thinking differently. He's open to trying things out and implementing a system. He'll do the research. He doesn't just, you know, blindly jump and he's like, well, Jason said to do this, so I'm going to do it, but he'll do the research and he's very thorough. And I really appreciate that about Michael. He's all into the details and he knows exactly what's going on in his business. He's not like, "Hey, I'm just going to kind of sit back and like, let the team run everything, and then I just, I'm going to cross my fingers and hope and pray that everything is going well, right?" like we know that it's going well because you're not the one who's doing it, so you've been able to get out of the hot seat in a lot of different ways and get yourself more into the things that you actually enjoy. because I remember that conversation with you about the operations and you said, "well, I really just, I love to sell" like, okay, then let's let you sell. Like if you're doing things in the business and you're just holding on to them going, "well, I have to be the one to do this." I think it's really common for us to think that like, " well, I own the business, so I have to do this piece or I own this. And it has to be me. It doesn't always have to be you." do you have to know what's going on? Absolutely. Do you have to have the right people on your team? Absolutely. And do you have to set it up so that things can run smoothly? Absolutely. But do you have to be the one who's actually like doing the work? Right. And I think that's one of the biggest shifts that I've seen in you is that you're able to say, okay I don't have to do this part and I don't want to do this part. [00:23:54] This is where I want to be. So I'm going to move closer to this and I'm going to figure out how to get these pieces kind of offloaded.  [00:24:01] Michael: Yeah. Yeah. When you taught me how to write R docs and after I had a disastrous hire two years ago, disaster, and I had to fire someone, something I'd never had to do, but it was my fault. There was nothing wrong with the person I hired. She was just the wrong fit for the job. And then we sat down, we wrote R docs. With detailed job descriptions and parameters and that made bringing on the next person who is now in that role a dream because she fit the culture. We knew what her profile was before she even interviewed with us. We knew who the person was and then she walked through the door and poof, there she was. And that's one thing I didn't know. I just thought you could teach someone into a position. Well, you can teach skills, but you can't teach the human touch. And that's what I had missed with the disaster, the mistake that I made.  [00:25:02] Jason: Yeah. You'd learn some concepts from us, like the three fits , mapping out R docs. One of you explain what R docs are for those of us. This is DoorGrow speak here.  [00:25:11] Sarah: I know it is. So an R doc, it's just basically a fancy word for job description. We call it R doc because every section on it starts with 'R.' [00:25:20] Jason: There you go. So the ultimate job descriptions. Awesome. So, yeah, so all of these little pieces and systems and mindsets that you've installed in your business have really, I think, primed your business for a lot of growth. Like, where do you see the business going in the future?  [00:25:37] Michael: Oh, so that's another thing I learned. And it was at, I think, Austin at the Austin meeting. And it was you said it in the first like two minutes and I got my nugget and I was like, okay, I can go home. I got it. You said, don't limit your growth. And I had constantly said 200 doors, 200 doors. That's where I'm going. That's where I'm going. And you already passed that now. Yeah, you said that. And I was like. " Why would I create like this false ceiling that I'm going to just bump into and stop at?" Yeah. So, ultimately, and I'd like to retire in the next 10 to 12, 15 years, maybe. We're realistically thinking in the neighborhood of 1,000-2,000 doors. Yeah, people have started to come a calling about, "Hey, do you want to sell your business?" And the time is not right. Some of the financial offers that have been made already are very intriguing. Yeah. But then I'm like, " what will I do with myself?" You know, "what's the next iteration?" And I think until I figure that out, we're going to just stay the course. [00:26:47] Jason: Yeah, I think that's one of the key things that I think a lot of people realize in the program that if it was just about money, then maybe you'd cash out, but it's not just about money, right? There's other things we want out of our experience here on this planet. And that's something else you got a lot of clarity on is what really personally drives you, which allowed you to build the business and the team around you so that you really could move into those plus signs and out of those minus signs. [00:27:13] Michael: Yeah, so the key is I went to the Netherlands in May to see art because it's my thing. Cool. And a little ostentatious to fly to Europe to see Vermeer, but I did it. And I was gone for a good long time and things here chugged right along and it was beautiful. And I knew then that we were doing things right, that I could leave and not be here for 10 days, and the business continued to operate. I continued to watch and check in. But they didn't need me.  [00:27:49] Jason: And how's that different from before you came to DoorGrow?  [00:27:53] Michael: Oh my God. Like the first meeting in Austin that I came to, I had I came really close to not coming because I was like "I can't leave. I just can't leave. I can't leave them." I was wrong. I was wrong and I went to Austin and I went to Vegas and you know, things were good. Yeah.  [00:28:12] Jason: Yeah. So awesome. Well, it's been really cool to see your progress. We really appreciate. Seeing your growth and yeah, there's no question in my mind. A lot of people hear you say, Oh, maybe a thousand, 2000 doors. And they probably think: this guy is ridiculously off his rocker that he could just believe that and the audacity to have that mindset. And I'm sure when you first came to DoorGrow, a thousand doors was like, probably magic, some magic, like pipe dream in the ethers that you would never even consider. I don't know, but. [00:28:40] Michael: 300 seemed unimaginable.  [00:28:43] Jason: Yeah, but now it seems very doable. And you're aware of the DoorGrow code and like we've got clients breaking a thousand doors. We've got clients doing it. And there's no question in my mind. You could easily do this in the next two to three years. If you really wanted to easily.  [00:28:57] Michael: Yeah, I work my golden 100. That's another thing I learned at DoorGrow. To have people that are valuable people that I love and care about that. I have to touch every 30 days because they love and care about me and buy it. So they send business. They ask questions and we share information. Yeah. And for that, I'm indebted to you.  [00:29:19] Jason: Not at all. Well, great. Well, yeah we, it's been really awesome seeing your growth. So cool. Anything else we should ask Michael? We've got him hanging out here with us. What's next for you, Michael? What's next?  [00:29:31] Michael: Well, once we go over 300, then the double it again. [00:29:34] Jason: Yeah. So what I see next for you is you've got some of the systems installed. And then I think what it will be next is to level up your three key systems of. People, process, and planning and maybe starting to build out even a little bit more of that executive team. I think you've got a good team going now and I think then what would be next would be maybe starting to acquire you'll be the one eating up some of these other companies. And I think, maybe working with us on acquisitions, and I think that'll be the quick pace to grow. And that also bring you really great people too, if you want. So [00:30:07] Michael: we're working on two. They're on a slow simmer because companies that I'm looking at have some. Bookkeeping issues. We'll just put it at that.  [00:30:17] Jason: It's an opportunity. Yeah. Always do.  [00:30:20] Michael: So we may be able to fix the problem. Definitely.  [00:30:24] Jason: You'll be able to fix the problem. Yeah. Yeah. Very cool. Well, I'm excited to see what you do in the future. I know like, I've seen companies hit all these different stages. I know. We know the challenges that you're going to hit at these different stages in growth. We're here to support you. And for those listening here on the DoorGrowShow if you are struggling, you're hitting some of these sticking points, these milestones, you're stuck in your mindset, whatever. Be like Michael, be like Mike, not Mike, but all the reference, be like Michael and you know, talk to us and let us map things out with you and see if we could help you out. We'll be sure with you. So, well, Michael, appreciate you coming on the show. We appreciate having you as a client and grateful for you.  [00:31:09] Michael: Thank you. Thanks. I appreciate it. Have a good day.  [00:31:12] Jason: All right. Cool. So, if you're wanting to get into our free community of property management entrepreneurs on Facebook, go to DoorGrowClub.Com. We have some free gifts that we want to give to you. You'll provide your email as you join the group, we'll give you an, a drip, an email drip of some free gifts, including a fee Bible and some vendors that you can use and some different tools just to help you help yourself and help the industry level up. [00:31:42] And we, and if you provide your info, we will also reach out to see if you'd like to have a conversation with us and see if we could help you grow your business, which the answer usually is. Yes, we can. So we would love to support you and help you out. And if you're wanting to test out your website, which you think might be amazing, go to doorgrowcom/quiz and test your website. A lot of times, this is a great gateway to realizing that you have some blind spots in your business. When you see that your website is leaking lots of money. Which is something we can help you out with. There's a lot of other leaks you can't see, and this might crack your mind open, get you to be open minded like Michael and allow us to be able to help you and support you and make a lot more money, have a lot more freedom and make a bigger difference out there in the marketplace. [00:32:34] We appreciate you listening to our show. If you could do us a favor and leave us a good testimonial on, if you're hearing us on iTunes or like, or comment all of these things help us out and help us get the message out to enact our vision and our mission for this industry of helping it level up. [00:32:50] And until next time to our mutual growth, everybody, bye everyone.  [00:32:54] You just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow!  [00:33:21] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.

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KMJ's Afternoon Drive
Tuesday 4/11 - Self-Medicating & Is Math Racist?

KMJ's Afternoon Drive

Play Episode Listen Later Apr 12, 2023 38:01


Governor Gavin Newsom admits he likes to self-medicate with a glass of wine while watching the nightly news. He believes the homeless should not have to be subject to rules and regulations when going to shelters for a bed or a hot meal. Newsom is looking to put a new state amendment together mandating cities and counties to clean up the homeless crisis or face legal action. 2+2 no longer equals 4, according to members of the Ontario Mathematics Coordinators Association, who consider the equation to be a white-supremacist dog whistle instead of a basic mathematical truth. According to a webinar created by OMCA president Jason To, proponents of math's political neutrality who use the phrasing “2 + 2 = 4” are engaged in an act of “Covert White Supremacy.” See omnystudio.com/listener for privacy information.

#DoorGrowShow - Property Management Growth
DGS 166: The Importance Of Vacations

#DoorGrowShow - Property Management Growth

Play Episode Listen Later Apr 19, 2022 8:56


If you want to scale your business, you have to let go of controlling everything. How? Plan a vacation. Vacations are ESSENTIAL in owning and running a business. Yes, really. Property management growth expert Jason Hull and DoorGrow Operator Sarah Hall explain why taking vacations is essential when running a property management business. You'll Learn… [00:38] Where is Jason this Week?? [01:47] Why Should You Take a Vacation as a Property Manager? [02:53] Schedule Your Vacation in Advance [04:08] How to Prepare Your Team (p.s. You are Not as Important as You Think [06:21] Making Sure Your Business is Scalable Tweetables “Vacations are essential. You've got to be able to take a vacation and relax, otherwise you'll burn out.” “If you don't schedule time to make sure that you are healthy mentally and healthy physically and taking time to relax, the whole business will suffer.” “It forces your team to step up and level up because they can't lean on you anymore. So by taking vacations, it actually improves your team.” “I realized I'm not as important as I thought I was in my own business. Which is humbling.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] Sarah: Vacations are essential. You've got to be able to take a vacation and relax, otherwise you'll burn out.  [00:00:05] Jason: All right. Welcome DoorGrow Hackers. So today's going to be a little bit of a different episode. I'm on vacation. And where are we?  [00:00:16] Sarah: Acapulco.  [00:00:17] Jason: Acapulco. So this is going to be a little different episode. I'm doing this from my phone. So hopefully this turns out. You're not going to-- I'm not going to read my manifesto, my normal intro. Just know that if you are a property management entrepreneur that wants to grow your business and you do things a bit differently, then you are a DoorGrow Hacker, so. And, uh, you want to do things differently, alright? That's like the short version.  [00:00:38] All right. So, we're sitting here at the Banyan tree resort in Acapulco, which is like the number one resort. It's really nice. We are by the little pool near the bay here. This is the ocean. And, uh, what are we drinking? We've got the best mojitos that I've ever had. Which really sucks because once we leave here, I will forever feel like all other mojitos are not as good because these are the best ones I've ever had, so we'll have to come back to get a good Mojito I guess, so. They're really good.  [00:01:14] Anyway, what we want to talk about on today's episode is vacations, the importance of vacations. So one of the things I've noticed in dealing with and helping and talking to thousands of property managers is that there's a general lack of taking vacations. And this is one of the things that I coach clients on doing. So I'll let Sarah talk. So I'm here with my fiance, Sarah, who's also the operator at DoorGrow. She's amazing. She's already helped us save hundreds of thousands of dollars and figuring out things and really getting operations dialed in. So why do you think managers should commit to taking vacations? Like I'm in such a state of overwhelm, I'm completely part of the day-to-day operations. I don't have the support that I need. How am I going to take vacations?  [00:02:02] Sarah: So I'm also a property manager and vacations are essential. You've got to be able to take a vacation and relax, otherwise you'll burn out. It'll just keep going, your business. You're always going to have things to do. You're always going to have your endless to-do list and your things that need to get done and you would like to get done and things that you know is gonna happen to move your business forward. So that will never end, ever. So, if you don't schedule time for yourself, then your business will suffer. If you don't schedule time to make sure that you are healthy mentally and healthy physically and taking time to relax, the whole business will suffer.  So make sure you take some time for yourself. Plan family time. Plan vacations. Plan little trips. [00:02:53] Jason: To really make sure we drive this home. I want to point out that just scheduling a vacation. Schedule it out in advance. Give yourself plenty of time to prepare. If you haven't taken one in the last two or three years, do it right now. Sit down with your partner, your spouse, whoever, especially if they're involved in the business with you and say, "let's just schedule it." Because just by scheduling it and setting that intention, you have to figure out how to make it work. Set it out 90 days out. You can pretty much change everything significant related to this in the business in the next 90 days. Schedule a vacation schedule six months out if you feel like there's no possible way you could do this. But schedule the vacation and then do everything you need to do to get ready for it. If you have a team, even better. You can start meeting with your team and say, "Hey, look, I scheduled a vacation. It's in the next 90 days. It's on this date and we need to make sure we are ready for when I'm going to be gone because I'm going to be gone." [00:03:52] And I want you to be gone during your vacation. Like, "I'm not going to be available. You can't hand me escalations. I can't put out fires for you. I'm not going to be able to take care of problems. Like I'm going to be off grid. You'll need to figure out how to handle this." So if you have any team members at all, then you can do that. [00:04:08] If you need more time, get at least one one executive assistant, one team member, an operator in your business. And if you need help with that stuff, talk to me, talk to our team at DoorGrow. We can get you in a place where you're ready for that and figure out how to build out a really good hiring system. But if you set that intention, you can figure it out. You can figure out with your team, "what processes do we need for me to be gone for a week? What systems do we need to have in place for me to be gone for a week? Who needs to know how to do what in order for me to be gone for a week? [00:04:42] And so if you set that intention to do that, what I found was when I finally just started scheduling vacations, a couple of things happened. One, I realized I'm not as important as I thought I was in my own business. Which is humbling. Like my team actually stepped up and could handle stuff without me. And it forces your team to step up and level up because they can't lean on you anymore. So by taking vacations, it actually improves your team. The other thing I noticed was that leading up to the vacation, we got a shit ton of stuff done. Like we got a massive amount of things done: processes documented, things figured out, things changed. All this stuff that was on my plate, I had to start figuring out how to give this up in order to be prepared for it. So we had massive momentum and a massive amount of changes in the weeks leading up to the vacation Because stuff got real, and they knew I wouldn't be available, and everybody started to freak out a little bit including myself. So I started making a lot of changes. So this is an intentional way of forcing yourself to get out of the business, which is what you want. You want to have more freedom, more fulfillment, more contribution, more support. And in order to do that, you need to be able to lean on your team, and by forcing and setting an intention of a vacation, this will allow you to have a vacation. This will allow you to create distance from the business and be able to have a business that can run without you for at least a week. Very few things can really get completely destroyed or damaged in a week, right? You aren't going to lose clients in just one week.  [00:06:10] So set the intention, schedule a vacation, especially if you haven't done it in the last year or two. All right. My phone is saying we're on low power mode, so that means it's time to get back to vacation. So anything else we should add?  [00:06:21] Sarah: Yeah. We also want to make sure you and your business are in a position to scale. If everything is on your plate and you can't offload anything and you can't trust your team and you don't have any processes or any systems or anyone you can rely on you can't scale. You can only handle so much. Every person can only handle so much. So, if you want more out of life and you want more out of your business, and most of us do, you've got to be able to figure out what to do to get yourself out of the business. [00:06:52] Jason: Yeah, you're not as important as you think you are. Like, that's one of the humbling things us CEOs or entrepreneurs need to realize and learn. And the more you are out of the business and less you're involved in it, and the more you're able to lean on your team, the better the business actually does. And I've heard this repeatedly from multiple business owners and entrepreneurs I've helped over the years that the business and the team are happier and things are better because usually us as entrepreneurs, we're not really good managers. Most of us are visionaries and we're not good operators. So anyway, that's all we're going to do for today here for those that want some FOMO and you can see here what we're hanging out and dealing with here in Acapulco. And until next time to our mutual growth, everybody. Check us out at doorgrow.com. [00:07:35] We want to help support you and grow you in your business and help you have the business and the life of your dreams. And that's what we at Doorgrow all get a thrill of doing, to support our clients. And we want you to be able to experience more of this. All right, bye everybody. Until next time, to our mutual growth. [00:07:52] You just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay per lead content, social direct mail, and they still struggle to grow!  [00:08:19] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. [00:08:40] Until next time, take what you learn and start DoorGrow Hacking your business and your life.

BattleMallet Podcast
Episode 35 - Hex Ed: Rivals Plus Review

BattleMallet Podcast

Play Episode Listen Later Feb 21, 2022 93:23


In this episode, we cover the recent Rivals Plus tournament that Jason TO'ed and dig into the supplemental decks available for building a Rivals Plus deck. In our Rivals Plus review, we continue the trend of picking out our top three objectives, gambits, and upgrades, but we break down our rating by objective card strength, gambit card strength, and upgrade card strength. Blog form of the Rivals Plus Review: https://blog.battle-mallet.com/2022/02/rivals-plus-review.html 2:54  - Rivals+ Tournament 36:30 - Rivals+ Review 1:29:40 - Outro Socials: Blog: https://blog.battle-mallet.com Facebook: https://www.facebook.com/battlemalletpodcast Twitter: https://twitter.com/battlemallet1 Instagram: https://instagram.com/battlemalletpcast Twitch: https://twitch.tv/battlemallet Discord: https://discord.gg/U8xnpxX

blog rivals jason to
Alan Carter
Ontario announces end to streaming for all Grade 9 courses starting 2022 school year

Alan Carter

Play Episode Listen Later Nov 11, 2021 9:36


Guest host Mark Carcasole speaks with Jason To, High school mathematics teacher and Coordinator of Secondary Mathematics and Academic Pathways in the Toronto District School Board, about destreaming - and why more work needs to be done. See omnystudio.com/listener for privacy information.

Fresh Air At Five
From Scattered to Grad - FAAF26

Fresh Air At Five

Play Episode Listen Later Jul 3, 2021 22:34


Welcome to FreshAirAtFive (FAAF) Podcast - Episode 26 I'm your host, Bryon Carpenter In this episode, I share my daily reflection posted on Twitter @bryoncar, from June 21st to 25th, 2021 I reflect on these podcast episode from my listens on the: 21st: My EdTech Life E73 "My Secret EdTech Diary with Al Kingsley" 22nd: Got TechEd E88 "10 Ways the Pandemic Made Us Better Teachers" 23rd: DEFINE YOUniversity E73 "Going from THOUGHT to REALITY using the DEFINE Mindset Method"; 3 Caffienated Coaches E13 "Spill the Tea with Nyree Clark" 24th: Lesson Impossible E66 "Agents Mealey & Tudisco (Educational Podcasting)"; The Staffroom Podcast "The Summer Series with Jason To" 25th: UnProfessional Development E79 "Just Us! Pre-podlooza" Next Episode: July 9th at midnight - stay tuned. You can connect with me by leaving a Voice Message here or following me on Twitter (@FreshAirAtFive or @bryoncar) ------------------------------ As my OneWord for 2021 is APPRECIATE, I appreciate you giving this my first-attempt-in-learning to create a podcast experience a listen. Subscribe so you don't miss any upcoming episodes and please give me a review on Apple Podcast to get my voice out there further. ------------------------------ Track: It's Almost Over - SelChol ( NoCopyrightMusic ) | My Audio Library | Background Music Bumper: Chris Nesi House of EdTech Podcast --- Send in a voice message: https://anchor.fm/freshairatfive5/message

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The Staffroom Podcast with Chey & Pav
The Summer Series with Jason To

The Staffroom Podcast with Chey & Pav

Play Episode Listen Later Jun 22, 2021 44:12


In the first episode of The Staffroom Podcast Summer Series, Chey and Pav talk to Jason To, a Secondary Math & Academic Pathways Coordinator for the Toronto District School Board in Toronto, Ontario, Canada. The Dynamic Duo talks to Jason about Destreaming, or De-tracking, in High School, and the relationships between streaming and anti-racist education, particularly towards Black and Indigenous students of colour. A phenomenal conversation to get us thinking further about the impacts of streaming on the education system as it exists today, and what we need to do as educators to dismantle the expectations to create new norms for the students that we teach. Here's how you can get in touch with Jason: Twitter: @Jason_To Blog: https://mrjasonto.wordpress.com/ Stay connected with Chey and Pav! Tell us about your reflections from this episode - reach us at info@cheyandpav.com or on Twitter @StaffPodcast! We'd love to hear from you.

Making Math Moments That Matter
How To Remove Tracking From Your Math Program - An OAME 2021 Panel Discussion

Making Math Moments That Matter

Play Episode Listen Later Jun 14, 2021 61:49


Today we have a special treat for your ears! We recently held a live panel discussion at the annual OAME Conference (Ontario Association of Mathematics) on de-streaming the grade 9 math program here in Ontario with some pretty special guests! We were honoured to host Dr. Christine Suurtamm who is a Professor of Mathematics Education at the University of Ottawa, Hema Khodai, an Instructional Resource Teacher with Peel District School Board, Mark Chubb, a classroom teacher and past instructional coach, and finally Jason To who is a Coordinator for Secondary Mathematics and Academic Pathways with the TDSB. In this deep discussion we discuss the benefits of de-tracking or de-streaming as it helps to break down barriers that prevent marginalized students from an equal opportunity to succeed, thrive, and reach their full potential. You'll Learn: What our panelists are looking forward to most for this first year of de-streamed grade 9 mathematics?Some of the common challenges educators are concerned about with the introduction of an untracked grade 9 mathematics curriculum.How we can work towards meeting the needs of all learners in a de-streamed program. What supports the Ministry of Education, districts, schools and other education stakeholders can put in place to support teachers in making this move forward.How we might shift our assessment and evaluation practices to better promote an assessment for learning culture.Resources: Make Math Moments 3-Part Framework GuidebookProblem Based Lessons & Units of StudyThe Make Math Moments AcademyFull Problem Based Lessons & Units Use our fully developed problem based lessons and units in your classroom to spark curiosity and fuel sense making with your students. We not only give you the resources to make math moments we give you a full teacher guide that walks you through the Make Math Moments 3 Part Framework. View the catalogue : https://makemathmoments.com/tasks/

How We Teach
Episode 6: Equity and Destreaming

How We Teach

Play Episode Listen Later Jun 9, 2021 54:52


Jason To is a teacher and a mathematics coordinator with the Toronto District School Board. He also works with boards across the province to help them get ready for this important transition in education. In this episode, Jason gives some solid advice and encouragement as we build equitable programming for all students.

Business Built Freedom
157|Business Asset Protection with Jason Popelier

Business Built Freedom

Play Episode Listen Later Aug 4, 2020 28:26


Business Asset Protection with Jason Popelier Josh: G’day everyone out there in podcast land. I've got a fantastic guest, he’s going to be talking about asset protection and how to change the model of your business to make sure that you are considering things you have between the items that are bringing you in money, the items that are costing you money are definitely separated, as well as not just from the accounting perspective, but also from a bit of a twist on it, bringing in insurance and all sorts of other things into it. So, I’ve have Jason here from FWO Chartered Accountants. So, Jason, what is the number one reason that you'd want to make sure that you are considering when reviewing the model of your business or making sure that you get a change? When do you go from sole trader to company to then having several companies or a Trust Company to make sure that you have asset protection? How do you know, when's that aha moment? Learn more about business asset protection at dorksdelivered.com.au Jason: Good question. The thing that I always start with any of my clients or new clients or potential clients are their goals. To start with, I don't really care what their structure is currently, I start with what they’re trying to achieve? And their current business structure (makeup) currently enable them to achieve that? I ignore what's been set up in the past because there's a lot of businesses out there who have the wrong entities, or have the right entities but they’ve structured it in the wrong way as well. Imagine a business that has higher risks, let's say the construction industry. Even though most of my clients are professional services, I have quite a few construction clients and they have millions of dollars' worth of equipment. There's a lot of businesses out there who look at the costs of setting up or maintaining two entities and decide to hold all assets all under the same entity, they want to save costs, technically the do but at a cost of increased risk. Realistically, it's not that much more to set up a new entity, especially when you consider the cost if you actually lose everything. These businesses have to maintain a minimum asset level for the licensing rules and the minimum assets are set on their turnover. But you can imagine that if something went wrong, and the business essentially got tanked, and it was out of their control, because they were a subcontractor to a bigger guy who deliberately withheld cash flow, it happens a lot, especially in the construction industry. if withheld for five months, they will essentially have to go into either voluntary liquidation or forced liquidation because they can't pay some of their subcontractors or staff as well. They will lose everything. And the other person just goes, great, one less creditor to pay. If they had structured the situation a little bit differently, let's just say they had a warehouse that held the equipment, they could have that in a separate entity, which is its own legal entity. Those separated assets can be protected in that sense. To cover costs and replacements, the trading entity can have, in normal terms, a cross charge for leasing of those assets and facilities. The difference now is those same assets are not subject to the same risks of the trading business, even if they’re ultimately still commonly owned. Looking at the types of structures, the reason you would have a proprietary limited (company) scenario versus a sole trader or partnership structure scenario is a sole trader (and partners) are liable to their share or the entire project, depending if they're partners default. Limited, by itself means that there's a limitation on liability. You automatically have less exposure than operating by yourself or in partnership. Then if you use multiple structures that are limited in their own rights, then there might be a further set of layers for protection. I went on a bit of a tangent around protection after what goals they're trying to achieve. Reviewing a client goals and objectives. If a client wants to retire at 50, actually let's go up to the new norm, retired at 60 because you probably realize the same as myself, by the time we get to retirement age, we'll probably be 75 or 80, so let's be realistic. Josh: If doctors can increase it, the amount of time we can live, the retirement age would just be 10 years prior to that. Pretty much. Jason: E xactly, and people will work longer, there's technology we can utilise as well in addition to medical advances. So, it might be a little bit later, but let's just say the goal instead of retiring at 50, is now 60. Because the 60 is the new 50 in terms of retirement age. To get there, we need to decide what that looks like and there is a combination of superannuation in there. We need to protect that in some sense, this may be around your investment strategy, to not be too aggressive or to have a balanced fund, depending, and the closer we get to retirement, the less risk we put into our investments. Talking about risk and protecting that, one of the greatest assets for business owner is the business itself. And it has the highest potential to create the most value out of any asset they are other than themselves, right? So why don’t business owners give more consideration to risks? We forget that we, as a person are our own greatest asset. No one else can replace us. And a lot of people forget that. You can actually insure that as well. But if you're in control of your own business (instead of being an employee), it's co-related. So there has to be an element of your business, essentially making up that retirement age, and that goal. And we look at that and go, okay, what is your business look like? And how can we de-risk that particular business or set of businesses, as people might have a portfolio of multiple. Referencing an example ... there was client I worked with a couple of years ago. They had about 26 entities that were trading, so you can imagine if they trade in over 26, we're talking the group that was 100 plus entities. Little bit complicated. We had to slice and dice and put appropriate levels of protection while grouping into pools because of those 26 trading entities, only about six or seven of them were actually making real decent money, but you got to look at each business in its own right, not as a big pool. Breaking down a business, you look as each and challenge, how can we achieve these goals? Start with an element that you've got to focus. Look at what products you have and how you have an advantage in the market, why people want to come and work with you. And this could be around branding and protecting that. Also consider elements through technology, and how do you protect those items or services? This is when cyber security would come into place. Josh: For me to understand, I guess any of our listeners, I guess that would mean like, if you have a house and you chuck security cameras on the house, and an alarm system is going to reduce your premiums. And similarly, if you have a business that has a bunch of IT equipment, and then you decided to make sure that you had someone else that was taking a level of accountability. Like for instance for us, we charge a set price per month, and then we guarantee their uptime. If they go down, we pay them while they're down. So we guarantee they're up. Now, so that in a sense kind of sounds like an insurance policy, but we make sure they have certain levels of protection, they have certain types of antivirus, they have certain types of networking monitoring. So if you have any of that sort of stuff, that would have to reduce the premium sound when you're looking at cyber insurance, is that right? Jason: Exactly, there's always an element. But yeah, it's a contributing factor. And if its contributing factor is significantly more, the more risks you have, and the more people you have in your business the change in risks you have to consider. So, you can imagine the risk that are reduced down for a 10-person practice or whatever it might be, versus 100 would be significantly less. And it also depends on the nature of the business and everything else as most insurances would factor in. Josh: If we look at like toll, toll recently, and in Australia was under a bit of heat with their hack and it came through a phishing email, for anyone out there that doesn't know what that is, is when someone sends an email pretending, they look like someone else. And then they asked for some coin and they sometimes do it, it might not be like, hey, send money to this Bitcoin address, I have your nudes. That's a very common one, but a lot of the time be more like, congratulations, you've just qualified for a business bonus, as long as you just fill out this form, and it comes from your director, your KPIs had being met appropriately, or whatever it is, and it looks quite legitimate if they've been doing something that's been a targeted attack. With toll hack, what could they have done differently? And what can we learn from that? From your perspective, what could they have done differently to remove the immediate problem as well as the overall not being hacked? Or at least having something there to fall back on? Jason: Good question, and what I’ll do is give you an example for part of that using what I do myself in my own business, because it's easy to explain how you've mitigated your own risks. A lot of businesses aren't taking cyber threats too seriously and that's just ridiculous. Australia is at a high risk in Cyber because of this. In my practice, we started with a quarterly, it's about biannual now, review of the cyber risks and everything that's involved. We've got a cyber risk manual and what's expected. And we also run systematic tests that we don't tell the staff. Josh: Phishing simulators and stuff like that? Jason: Exactly, phishing simulators. Exactly. We essentially have sporadic phishing emails sent to staff just to see what they do. And it's disappointing that I would say a high percentage maybe 10% - 20% would actually fail sent phishing but what that enables is a conversation with that person and identifies that they need further education around these risks. Josh: Do you give training and stuff like that after that's been found? Like you're obviously analyzing and have the data to be able to see this person could done whatever they didn't from there, yeah? Jason: Exactly. I might do part of the training myself. Some of my team will do part of it. I also educate my staff to obverse how I sound in my communication. If it doesn't sound like how I communicate in my words, isn’t logical in what I'm asking, is what I’m asking out of the business norm and if it is then don’t respond etc. Worst case, if they’re unsure, get on the phone and speak to me or speak to the Practice Manager. And it's about that education. It's about how many steps we can put in place to make sure it doesn't break or fail. So that's something that a larger organization definitely needs to do, they definitely need to assume that their staff will make mistakes because they are human, and test those mistakes to see who is making mistakes and at what levels and where you might need to educate. Because you can imagine a phishing simulator around cyber can globally be applied at a very low cost, at a very low cost compared to the impact. Josh: Sent to thousands of emails. Jason: Exactly, exactly. Compared to the impact that that one failure could potentially make. Using a recent example with TOLL. Their huge mistake cost millions upon millions upon millions of dollars. So that would be one of the key cyber takeaways that just gobsmacked me that, a dozen, a dozen major cyber hacks, right, it gobsmacked me actually that an organization like TOLL hasn't implemented something like that. But at the same time, it doesn't surprise me because the larger the organization, the more things get lost and the slower things move. There's also an element of embarrassment as well as it goes up the chain. This kind of embarrassment is actually not as bad as some of the Scandinavian countries which are very chain of command minded where they want to follow suit from the top, and they're not encouraged to identify errors and mistakes, which is why Volkswagen got themselves in a bit of a heat and it's also on. Josh: This is on the carbon monoxide output on the vehicles. Jason: Exactly. Which they actually knew about years ago but no one ever explained it because it was going against what the top dog wanted to do. You can even trace this type of mentality to why Nokia phones failed. Josh: I'm pissed off, I can't change my phone cover anymore. It sucks! Jason: T he good old Nokia phone that you could throw against the wall and pick it up and put it back together and it still works. Josh: And last five days on a battery. Jason: Exactly. But going back to the issues, there's an element that you have to address from a culture perspective. You have to encourage reporting if there are breakages to report. This means people don't get penalized for reporting, if they are then they won't report. that's a key thing. From a cultural perspective, TOLL could have done better. From a systems and operations, TOLL could have done better. How you handle the media, also TOLL could have done better. So, to de-risk a situation, there are specialists who organisations deal with and predominantly PR, but they might have a mix or organisations who help you identify risks of certain conversations and everything else. You know, one of the scenarios that we saw that was highly impacted in Queensland, especially southeast Queensland, was Dreamworld with the impact caused by a lack of maintenance and then everything else that followed. Josh: You're talking about like three years ago. Yeah, yep. Yep. So anyone else that's listening in overseas that happens to be here, Dreamworld, local theme park that had a bit of an issue with a lack of maintenance and some of the processes, it might have just been a few series of unfortunate events paired with lack of maintenance and lack of training, but there was a rough River Rapids ride that flipped over and it killed four parents, wasn't it? Is that right? Jason: Yeah, i t killed four people. There was a brother and sister you know, a mother or something and a father. It shouldn't have happened. The ride flip diver and essentially crushed them and it was a very tragic event. Looking back and reflecting from a risk point of view, there were risks everywhere in that scenario. We're talking about a listed company here too. There was a risk where the head of group was essentially bleeding cash out of the business from a daily basis that maintenace wasn’t allowed/maintained. They should have just cut off the couple of failed businesses. They weren't even treating the business itself as a separate business unit. In relation to the media, I know for a fact the PR company that they initially engaged resigned because they (Dreamworld) wouldn't follow their advice. And this is the same risk that TOLL made with the media. They actually engaged but they chose not to listen, and then their PR company decided to eject as fast as they possibly can, because it's a reflection on them as well. And there was a number of highly critical issues when speaking with the media about certain aspects. Giving themselves a bonus of millions of dollars a week later from the incident, just a bunch of really … really bad decision making. For you and me speaking, Joshua, and all the listeners would just go what? How stupid can you be … and this comes down to a bit of greed. So, there's a range of different factors. Josh: Do you think they had like a certain level of god-factor like they've put themselves above what they think is the rules and the law and they've sort of put them into god mode? Why do you think that they made the decisions? Because that way in our boat at some stage, if you at the theme part, I don’t know most of our listeners don't know the theme park, but they must have had some level of normalcy in their life, most people to go okay, how do I look at this and understand that it's going to turn to this. Surely, there's got to be a certain time or a spot where you think, okay, this is your shit decision. What happens? Like what do you think through that hit? Obviously, this isn't obviously what you do. You're not a psychologist, but like, what do you think happened? Jason: I could probably draw on some of my education as well as some of my consulting from corporate finance days where I actually put a value on who (people) to keep in the business from a culture perspective, and this comes back to the business norms. A culture is set by business norms. You (as an owner) might say this is our culture, these are our values, but if you don't practice them, then the people inside the business set business norms. And although we might be very highly surprised these sorts of decisions are made, to them (the culprits), it's only a little incremental difference compared to what their normal it might be. It can explain a lot of things with, you know, some of the famous collapses and really corrupt things in the finance world that occur, including Enron in the US. We kind of look at Enron and go ‘how the hell were these people able to essentially destroy people's lives’ and hold a state (in the USA) ransom for their electricity? This comes back to what their business norms are. If you get encouraged or rewarded for making decisions, that sets a new norm. Heading back to the Dreamworld accident and lack of any maintenance program. They cut the maintenance program to save some cash. The person who just created some extra cash as a reward, the board gives them some of that cash back and as an addition to this reward, they also get promoted. This now sets a shift in the expectations of the business. And the more this type of action occurs, the more normalised it becomes. And when something serious happens, the review the normal in their heads and say ... well, this is the normal, this is what is expected in my world. Everyone else is in my world. So, the impact is not going to be that great. And then they get surprised that the community essentially smashes them for their behavior. And they're like, but I'm just doing what I've been doing for the last however many years, and I'm entitled to that money. And it's just because these business norms that the culture is so disconnected from the community. Taking another slight side tangent, as business owners, we need to engage in the community. There's almost an element of obligation, not just for Australian owned businesses, but for businesses and across the globe as well. Businesses actually survive because we (the people) allow them to participate in the business community for particular cultures. We need to make sure that those types of cultures are engaged with the community and that they’re giving back to the community. The more that you (as a business) shut that window and just focus purely on a couple of variables around money and greed, and other things as well, the more disconnected you’re going to be and the higher risks that will bottle within the business. And that applies across the board. I've seen these issue sit in start-up businesses and they actually have a higher impact on culture and the community when compared to a larger business. If the culture is bad, is actually easier to transform larger businesses culture than a smaller business. And the mid-range businesses have the greatest impact because they're still somewhat nimble, but they can transform. This is just an element of risk in a business itself, and cybersecurity is just another component, while key person risk is another element. Josh: It’s a big one for me actually. When I first started my business, I was the key person, and getting key person insurance for yourself as a business owner as a fuzzy income, let's call it a fuzzy income. If you're reinvesting your money, you could be earning $10 or $10 million. But if you're reinvesting the whole load into your business, and you have no income, then what are you worth and where do you sit with your insurance, and so it becomes a bit of a fuzzy income. And the key person, you can't really get key person, you can correct me, but you can't really get key person for yourself when you're doing this with your income because you're investing into something that you can see as someone who's going to be working. Jason: You can actually insure the key person if they are the business owner; you just have to understand what impact they have and what price this equates to. It’s the same for anyone in a business, you can insure any key person … it’s just a matter of cost. Josh: Okay. So see if I ran a business and I was like a Pty Ltd registered and set up myself as the employee, and I'm just making up a scenario now, but let's say I earned $85,000 a year $80,000 a year just underneath the next tax, that’s $70,000-ish. I mean, I tell everyone, I don't know if that's exactly right now and if you're listening in the future, it might be changed. Anyway so $90,000, if I'm under the $90,000, I say I'm earning that, I'm paying the tax on that but I'm earning nothing, okay, I'm actually earning nothing I'm just able to pay the tax. And then I have some big issue where … and the key person in the business collapses. If the business never actually turned over but paid the tax what is the insurance yet? Jason: Well, you have essentially lied on your application. In this case you're not actually insured, even though you're paying for insurance, and best case they might just refund you. Josh: So the insurance is against the money that comes, not the money that you've paid tax on. Jason: No, no. You have to be truthful on an insurance policy. And if you're not truthful, they can deny the policy itself. if you're not actually earning that, and the business can't pay that about, then your key person insured amount and what you've actually said is a lie. There's an element that if you're taking out insurance, you got to be truthful, because if you're not truthful, they can deny the insurance, and there's no point of taking out insurance in the first place. That's a key thing for the listeners. Separate to that, you've got to define what type of insurance and what risks you're trying to alleviate. Josh: Yeah, of course. Jason: Looking at it, there's business disruption insurance, which is if something outside of the norm that disrupts the business, but you've still maintained all the key people, that's business disruption, noting this excludes pandemics. But that's when the government would step in. And we're lucky in Australia that we have a government that can support us versus other countries. . Josh: Bloody Oath, Mate. Jason: That's it. That's it. We're just lucky to be Australians. But separate to that, a key person insurance is if … let's just say, Josh, you run an IT business, right? You run at least at an IT business. You also have other businesses, but let's just focus on your IT business. Your family essentially owns that business with you, right? Josh: Yep. My emotions are impacted, and their emotions are impacted by my business. So absolutely, we're all together in this. Jason: That's correct. But there's an element that your family owns that business. What happens tomorrow if you were in a car crash, and you died, unfortunately, what would happen to your family? If you've got life insurance, they'll get the life insurance, but nothing else. That’s a risk in itself, right. Hopefully your insurance will cover everything your family needs to survive without you to some degree. They can't replace you, but they can at least financially survive without you. Josh: If I'm a workaholic. That's all I am, anyway. So, it's fine. Jason: Yeah, well that's it, that's it. Imagine now there are other people in the business, right. We’re now talking about other livelihoods, not just yourself, you're just the owner. You could be an employee, but you're the owner. What happens to them? They essentially lose their job. Josh: Our business right now have 12 employees, for instance. Jason: Exactly. So, all 12 employees are pretty much stuffed, right? Josh: Absolutely. Jason: To some degree, the business will just completely explode. If you had key person insurance, an element maybe protected depending on how its shaped. The business could survive because it’s protected. But then the issue shifts to who owns the business after. Does the executor of your estate get involved? if it's a sole owner situation, the insurance proceeds inject into the business may help the business survive until they are able to find someone who has similar skill sets. The business may not be able to survive in the same sense, but it has the ability to survive. Now, imagine the same situation but with two partners. So key person insurance is more to insure the person and business disruption is more to insure for the outside of norm that might happen that's not a pandemic or force of nature or something like that, right? Which is highly unlikely. Except in Australia, apparently, we've had floods, fires, droughts, and Corona Virus. Exactly. All in the last decade. Josh: Jump into the Old Testament and look at what's going next and read it forward. It's just crazy, isn't it? Jason: Exactly, exactly. Jason: I’ve seen in situations after the fact. Not in my case, because I always made sure my clients actually got these sorts of things lined up or else, they won't be clients for too long. And that's just, you know, you either want to follow my advice or you don't. Josh: You’re there for a reason. If no one's listening, what's the point? It's the same as me, like, people aren't listening to the advice we're giving. What's the point of having us here? Jason: I’m there for a reason. Exactly. Exactly. Exactly. So where I'm going to lead into is by selling insurance. Let's just say you're still in the business but you bring on another partner, and you are 50∕50. Something happened to that partner, and it's worth money in the business and they're 50%, but their estate essentially holds a 50 percent ownership of the business and you can't legally make decisions to some or some decisions because you need voting rights and there's an equal voting right to make a decision on some instances. Day to day you might be able to still operate, but you might be subject to being shackled for bigger decisions or essentially shaping the business where it needs to go or just continuing to operate. I've seen a scenario where an ex-wife from six years ago and I got involved after the fact of essentially- Josh: Divorced for six years, done, legally done. Jason: Legally done. I got involved to essentially sort it out. I'm sorry, I apologise to the listeners, the shit fight that essentially unfolded. An ex-wife who should have been removed from the estate, challenged the estate and essentially tried to control the business to get as much money as she could. If they had proper buy-sell agreements in place, what would happen is the business would be valued at arm's length, then a chunk of money would exit to the estate and the business would just operate without that partner as if they just got ejected from the business. In this scenario, the business could survive, and that is an element of risk when you have business partner, or multi partners. Think about whether something happened to your fellow partner/s, what would the impact be on the business, would it survive? This is your asset as well as their family's asset. Josh: I can say comfortably, my business has been running, when you pointed it out, it has been running for 13 years. And over the 13 years, I had a partner for a while and then not to my want, that all felt fell apart, as a lot of our listeners already know. And when that happened, did that impact the serviceability of our clients? Absolutely. Did it impact the quality of the return on work? Absolutely. Now, would I have been a better person had it then not happened? Absolutely. It all comes down to what are you doing in your life and how does your life affect the business and when you are a business owner, they can absolutely affect. If you guys have been interested in this and you've loved it, make sure to jump across to iTunes and leave us some reviews and we'll speak to you soon. Stay good.

#DoorGrowShow - Property Management Growth
DGS 128: Navigating the Cash Crunch with Tim Francis

#DoorGrowShow - Property Management Growth

Play Episode Listen Later May 12, 2020 55:20


Are you a business owner who wants to get good at financial decision making and CEO-level accounting? How can you build a runway to opportunities? By navigating mindset, expenses, and cash.  Today’s guest is Tim Francis from Great Assistant and Profit Factory. Tim’s training, Know Your Numbers, shows how businesses can deal with cash crunch and cash flow. You’ll Learn... [02:48] Free Upcoming Event: Navigate the Cash Crunch. [03:20] Entrepreneurs: Like Indiana Jones, running as fast as possible from expenses. [06:00] Pre-built Spreadsheet: Adding and subtracting, red boxes and green boxes. [06:40] Beyond Profit First: In motion and cutting expenses when DoorGrow sales stop. [10:23] 3-Step Method: Navigating mindset, navigating expenses, and navigating cash. [11:29] Mistakes of sloth, and mistakes of ambition. [12:19] Step 1 - Navigating Mindset: Be good to your body, protect personal and professional relationships, and early action is crucial. [22:51] Step 2 - Navigating Expenses: Business's profit margin and bloat factor involves how many dollars to be sold at top line for $1 at bottom line to spend/buy something. [30:08] Survive and Thrive: When sales go down, create a situation where you don't have to sell as much. You can meet it at a lower sales level and still get by. [31:52] Step 3 - Navigating Cash: The Cash Flow Forecast figures out how much cash can you touch now? There's a big difference between cash and free cash. [45:38] Opportunities for Growth: If your business doesn't cash flow, it will fail. Cash flow first, then focus on growth. Cash comes from different places. Tweetables Entrepreneurs confuse revenue, sales, top line, or top of the P&L statement with cash. There's actually a way to navigate the cash crunch, even if revenue is going down. Property management industry has a massive opportunity due to big shift in the market. Panic isn't productive. It's important to be urgent, not anxious. There's a big difference between cash and free cash. Resources Navigate the Cash Crunch with Jason Hull and Timothy Francis Tim Francis on LinkedIn Great Assistant Profit Factory Know Your Numbers Keith Cunningham Verne Harnish DoorGrow on YouTube DoorGrowClub DoorGrowLive DoorGrow Website Score Quiz DoorGrow Cold Leads Calculator Transcript Jason: Welcome, DoorGrow Hackers, to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow Hacker. DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you’re crazy for doing it, you think they’re crazy for not because you realize that property management is the ultimate high-trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I’m your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show. I am hanging out here with Tim Francis. Tim, welcome to the show again. Tim: Good to see you Jason, again. Jason: Tim and I just started trying to do this on Crowdcast the normal platform. It didn't work out. The internet gods were not kind to us for some reason so we're starting it over. I wanted to introduce Tim to this audience again. Tim has been on the show before because he was talking about his company, Great Assistant, a fantastic company. I've hired assistants through it for US based assistants. His parent corporation, or company, or whatever you want to call it is Profit Factory. I recently went through training with him called Know Your Numbers. One of my goals for this year was to get really good at this learning financial decision making, maybe more business owner, CEO level accounting. Tim is the go to guy for this. He has a program on this that I went through. He had a really cool thing that he showed us how to deal with cash crunch and cash flow. He reached out to me and is putting this out to audiences trying to help businesses out right now. I'm excited to expose my audience to this idea of how they can navigate the cash crunch. Tim, welcome. Tim: Thank you so much for having me. Jason: We're going to do an event here in about a week. I'll just plug that now up front, just get that out of the way. It's for free and we're going to go into greater detail about these things. You're going to be sharing your screen, showing spreadsheets, helping them figure this out. But let's start with talking about the problem. What's going on with the market right now, the cash crunch, and why is this relevant? Tim: Yeah, you bet. If you think of Indiana Jones in Raiders of the Lost Ark, there's this amazing boulder scene. Jason, I have to give you credit for giving me this visual of this boulder rolling behind us as entrepreneurs. We're running as fast as we possibly can, and that boulder, that's expenses. Jason, full credit to you, every time I use this analogy now I'm giving you credit. A bit of the secret here is that there's actually a simple three step method that we can actually turn this into a different Indiana Jones scene. In the Last Crusade, Indiana Jones, there's this like leap of faith scene where he's standing on the very edge and he's looking at this massive chasm between him and where he needs to go. It looks impossible, it looks impossible that he’ll possibly be able to cross this chasm, but then he gets this idea. He takes some sand, and he throws it out and it covers, and there's this hidden balance beam, it's invisible, this invisible balance beam to walk across. That's exactly the three step method that I teach as a passion to entrepreneurs. I think a lot of entrepreneurs confuse revenue, sales, top line, or just that top of the P&L statement with cash. The thing is that they’re two extremely different ideas. Yes, one can lead to the other, however they're not necessary. There's actually a way to navigate the cash crunch, even if revenue is going down. I've helped many, many companies, I think I’ve had 139 board meetings now. I've helped over 70 companies, and at least 7 of them I've helped to escape bankruptcy, including that with them following the exact process that I'm going to teach today. Whether someone despises accounting and numbers, feels pretty good about them but maybe not a pro, or even if someone's an absolute pro at numbers, I think the perspectives that we share today are going to be really, really powerful. Also just in case anyone's afraid of like oh, my god, here we go, numbers and accounting. I hate that topic. I avoid my accountant like the plague. I'll tell you what, I was rejected from Business School three times. I couldn't finish calculus. I don't know my brain wasn't wired that way, and the good news is you don't need any of that to be able to navigate the cash crunch. If you know how to add and subtract, in fact Jason, you don't even need to be able to add, subtract. If you know how to use a calculator to add, subtract, we can make this happen. The tool that I'll go more in depth with you on our webinar coming in about a week from now, everyone will actually get access to a prebuilt spreadsheet. All you got to do, it takes maybe 20 to 30 minutes to put your own info in. Literally where you see a red box is a crisis line, and where you see a green box, you're good to go. That's it. It's adding and subtracting, and red boxes and green boxes, that help you to navigate. To build your very own—personalized to your business—path to navigate the cash crunch. Jason: Before we get into this, I want to touch on and create a little transparency in this. A lot of entrepreneurs are fearful. There's a lot of shame around admitting that something doesn't look perfectly successful. There's a lot of shame around finances and money. Like oh, no, I've got debt or I've got this. I'm going to share what we're experiencing at DoorGrow. Leading up to this, one of my goals for this year was to get control of finances, really understand and get into financials, which is why I did a training with you, Tim, and I'm working with you on different things, because that's a step beyond the Profit First. I've got my Profit First coach and accountant that I work with as well. I've been doing lots of calls with her getting all these different loans that are coming out, getting everything going. I'm glad that I was already working on this stuff prior. We started cutting expenses dramatically, we started doing shifts. As I was getting control of things, I was like why are we paying for that? If we weren't in momentum already—you used the analogy of the airplane flying over the trees—we probably would have hit some trees. We probably would have crashed. We were already in motion. Sales, March just stopped. Property managers stopped buying products and services from DoorGrow because they were holding their wallets tight, they were scared, and that's about half of our revenue. We had to tighten our belt really quickly. We weren't really ready for that, we haven’t budgeted the beginning of our month to do that, so we had to get really creative. Using some of these strategies helped us to keep that plane above the tree level, navigating the cash crunch, or in my Indiana Jones analogy, outpaced the boulder so that we were able to make it through the end of the month. I'm really excited to share this property management. I'll point out that I believe the property management industry has a massive opportunity right now. There are property management companies, especially in California, Florida, and Hawaii, that they are growing. March was one of their biggest growth months in adding new doors, in acquisitions, period, simply because there is a whole big shift in the market. A lot of people are going to be needing property managers. We won't get really into that now but there's a lot of opportunity right now. Property management is a really safe place to be hedging against the market right now. Most property managers will probably have pretty good cash flow. It's only the third and we're already seeing most people are paying rent on single family residential. They're not noticing much of a difference. They've had a few people reach out for payment arrangements, but all things, I'm saying is that it's basically normal. They're a little concerned about May, so this May become even more hyper relevant in the next month or beyond. I want everyone to pay attention to this. Property managers, you guys are blessed right now, while a lot of businesses are just done. They're failing, their revenue is cut to zero, especially luxury markets, vacation markets, restaurants in a lot of situations. Businesses are closing, failing. This also is the perfect excuse for entrepreneurs that are not really committed to their business to get out, perfect excuse. A lot of people are going to take it. If you are not one of those people, and you're committed to making this work and you want to grow, reach out to DoorGrow, I want to make sure we help you capitalize on all this. Tim, let's get into these three things that we need to pay attention to. Tim: There are three things to navigate, navigating mindset, navigating expenses, and navigating cash. I don't normally share this piece, but because of what you just so wisely shared just around the shame that sometimes entrepreneurs feel around money or like oh, I'm a failure or whatnot. I'll tell you what. I think that being a leader is a lot of responsibility. Even if you're a leader of 1 or 100, it doesn't matter. It's that classic man in the arena story. It's not the critic who counts. I think that there's actually something incredibly skilled when an entrepreneur sees that things have changed, and they're ready to change with it. I think that that's actually a sign of prescience is the word, when we can see things that are coming and to act accordingly. I also think that Verne Harnish has a great expression, he says, "Growth sucks cash." If you've been spending a lot of money to grow your company, and that's why you don't have a lot of cash to show for it, there's no shame in being ambitious either. There are mistakes of sloths, and there are mistakes of ambition. Mistakes of sloths are when we make mistakes because we're sitting on the couch not going for it and life passes us by. Mistake of ambition is when we were really going for it and things didn't work out. Mistakes of ambition, it's even arguable to say that it's even a mistake at all. I just think if you're in a position where you’re a little tight on cash, or maybe a lot tight on cash, I get that the shame narrative is available and I don't know that I'd go there. First of all, it's not accurate, and secondly, it's not productive. This leads us into our whole first of our three steps mindset, navigating mindset. Before anyone decides to tune out and say mindset is going to be the secret or some law of attraction, maybe more airy type topic. I assure you, it is not. I assure you that it is not. In 2008 I had a real estate portfolio of my own, not a big portfolio, just four houses, but I ended up losing around $100,000 mostly of other people's money. Around that time, I also had a mentor who ended up being one of the two leaders of a $12 million Ponzi scheme. Didn't start as a Ponzi scheme but it became a Ponzi scheme, that's typically the way they go. His business partner is convicted in court, barred folding securities for 25 years, and ended up actually leaving the country. This is in Canada, where I'm from. It was extremely exhausting and stressful to go through all that and to see everything that was happening around me. It led to me developing an illness called Erythema nodosum. Erythema nodosum is something there's no real cure for. You just have to wait it out. It's just bed rest. Your body really swells up and becomes so painful to walk that you can't, then it becomes so painful that you stand that you can't, and you end up just lying in bed every single day. 50% of cases are stress related. There's no way to know for sure, but I'm pretty sure mine was stress related. If you think an economic collapse like 2008 is bad, or an economic collapse like 2020 is bad... I'll tell you what's even worse is having economic collapse and also having a health collapse, where you actually can't do anything about your situation because you're in bed. Thankfully, at the time, I had very, very, very few dependents, I had no teammates and so the impact, the blast radius was small, it was just on me. Had my mom not paid my mortgage for me for three months, I would have gone double bankrupt, my personal finance, my business finance. Talk about an eye opener, and I was only 28. I was only 28 at the time. When I talk about the importance of managing mindset, this is absolutely crucial that we manage stress. I'll tell you, I've been not just through economic collapse, economic plus physical collapse, and it is not a pretty situation. You do not want to go through that. Along the lines of how do we go about managing mindset, I think that there are a few important perspectives in addition to some of the obvious practices. I'll just start the obvious because it's pretty straightforward. Make sure you're getting some exercise even if it's just a walk on a treadmill, or a peloton bike, or something like that in your living room, whatever the case may be. Get some sunshine if you can, even though we're all locked indoors, that sunshine is super important. Diet, take care of that. Make sure you’re getting lots of water, maybe ease off on the booze a little bit too if you're someone who enjoys to imbibe a little bit. Be good to your body. Probably the biggest of all, for most people, is actually sleep. Sleep is something that we can lose very quickly in times of turmoil and stress. You might need to turn to things like small meditation, reading, journaling, or something before bed to help take your mind off of some of the challenges of the day. I'm telling you that it's absolutely crucial. When I look back at my sleep habits and actually have been keeping track of my sleep for years and years and years. Jason, I'd sleep for four hours and lay on the floor next to my computer, sleep. I'd work till 5:00 in the morning, I'd sleep four hours on the floor next to the computer and I would stand up, go pee, and go back to the computer and start working again. Desperate times sometimes call for desperate measures, but there is such a thing as too high a price to pay. Remember that this too shall pass. September 11th came, the world changed, and we got back to business in a new normal way. The housing crisis came, the world changed, and we got back to business in a new normal way. Jason: Tim, I'm going to touch on what you just said real quick, interject. These are really basic things but they're showing some significant correlations between COVID-19 and melatonin, and nitric oxide in your blood, vitamin D. These are the basic principles of health. I have training for our clients called health secrets and it's these basics. We talk about getting sleep, that's when melatonin starts to get produced in your brain. It's much higher in children, it gets less. You may want to supplement with that but getting good sleep, getting some sunlight, finding a way to get sunshine and sunlight on your body is going to be a big deal that releases nitric oxide from your skin into your blood, if vitamin D gets produced, these are basic. Sleep, nutrition, some physical activity, exercise, some sunshine, water and hydrate. This and all of that lowers your stress levels and it lowers our pressure and noise significantly. I love that you're sharing that. Keep your stress levels as low as possible and start physiologically. Tim: I think along with stress is this idea of engagement. I don't know if I need to share this part, but I'll say it just to be responsible. If someone is not engaged enough right now, you're not paying attention to what's going on in the world. If you're only at about a 6 or 7 out of 10 engagements, goodness gracious, it might be time to pick it up a bit. If you're also to 9 or 10 engagements it's probably too high, you're over stimulated, you're over engaged. We need that 8 out of 10 where we're focused, pupils dilated just a little bit. Eye on the prize. I always say that panic isn't productive. It's important to be urgent, not anxious, to be urgent, not anxious. Jason: I'm too Agilent right now. I'm excited and that's where I'm at. I love chaos, let's be honest. Maybe there are other entrepreneurs like that but when chaos happens, that's opportunity. That's where we get to be a light and we get to stand out, so I'm enjoying this even though it's uncomfortable. Tim: Very nice, very nice. I think that two other mindset pieces, one is that it's important to actually protect relationships. Yes, I mean the personal relationships that we have in our life because they can be such a source of security, joy, and comfort. I also mean business relationships. We're going to get to the other side of this, and unlike other past catastrophes that were measured in years, I think, yes, our economic catastrophe is going to be measured in years on this one for sure. I think that in terms of months, I think this pandemic is going to be measured in months, not years and years and years. One of my questions at each point is what is the state of the relationships of suppliers, vendors in the case of property managers, tenants, if you're managing on behalf of other people like your clients, your investors, and owners. What's the state of those relationships going to look like in three months from now, or six months from now when we're on the other side of this. You might make it through, but do you still have people that respect you? I heard a story the other day of an entrepreneur that just cancelled all their credit cards and said well, everything's just going to fail in terms of expenses and I'm going to add back one by one the few things that make sense. It's a shortcut to just cutting expenses. That's a way to go about it, but are you going to just supremely piss off everyone in the process? I think that protecting relationships is important to keep in mind. That doesn't mean that you're always bringing good news to everyone along the way, especially in the cutting expenses part of our presentation today. I think to be respected for being accountable, navigating agreements that you have with people rather than just abandoning them. My other mindset piece is that early action is crucial. If you discover that you need to get alone, act now before more businesses are closing, and possibly soaking up some lending capacity, or even just work capacity that bankers have to fill out applications and whatnot. If you discover you need to reduce a teammate's hours, tell them as early as possible so they can start making plans of their own personal and family finances. So that if a dip comes for them income-wise, they're prepared for it. If you can help them find a new opportunity elsewhere, do what you can to manage those relationships. I got an interesting perspective from someone who used to have a business helping individuals, not businesses, but individuals navigate bankruptcy. He said one of the most common patterns he saw with people going through bankruptcy is they didn't cut expenses deep enough or soon enough, deep enough or soon enough. I think that that's a very interesting perspective and maybe a usable guideline would be to say anything that's not going to help increase the profitability, and specifically cash coming into your business in the coming six months, I'd probably delay it. If you're thinking of a new website, if that's not going to immediately give you a bump in cash in the next six months, then let's put that on pause. We'll see if we can renegotiate it, put it on hold, delay it, or even cancel it. I think that's a really powerful way and maybe for you, the number isn't six months, maybe it's three months or eight months, whatever. But if we can keep an eye on what's going to bring cash in, in that timeframe, that really makes decision making a lot easier around what expenses you can continue with and which do not. This leads us to our second of the three steps of what we need to navigate and that is expenses. I think that something I'd say in my path of learning accounting and I even went and took night classes at the University of Alberta. I finally did go and take University accounting classes. It was not for credit though, they wouldn't let me into the for credit version, but they'd let me still sit in the classes and study. You know what, Jason, I got 100% of my midterm. I wanted to throw up my middle fingers as I walked into the room. I can't complete calculus, I can't get into business school, but here I'm getting 100% of my midterm. How about that? How do you like them apples? One of the big ahas that I had is that in my brain, because we all grow up thinking about personal finance. I think in personal finance, we think if I make $1, I can spend $1, and $1 in is $1 out. If I want to go buy a car, a pair of jeans, or a pair of shoes, I just need to get that amount of income to be able to pay for the shoes, the jeans, or the car. When it comes to business finance though it's a little bit different. To be able to buy $1 of expenses, we can't just make $1. It's because there's other expenses in the business. That's why we always talk about profit margin. If I have $100,000 in revenue, and I've got $50,000 in expenses, then I have $50,000 in profit. My profit margin is 50%. What that means is at the end of that year, or quarter, that month, for me to have an extra dollar to go buy something the next month, quarter or year, I don't need to make $1, I actually need to make $2 because my profit margin is only 50%. I have to make the $2 at the top, 50% gets stripped away by expenses. I'm left with $1 to now go and spend in the next month, quarter, or year. There's this idea, I invented it, it's called bloat factor. How many dollars do I have to sell at the top line to have $1 at the bottom line to be able to use and go and spend and buy something else in the coming month, quarter, or year? It's very simple math. If you're at 50% profit margin, which very few businesses are—very, very, very, very, very few businesses are—then you'd have to earn $2 to have $1 at the bottom to be able to go and spend in the coming period. If I've got a 25% profit margin, I have to make $4 at the top to have $1 to go and spend. If I'm at a 10% profit margin, which a lot of businesses around that 10% margin mark, I have to go make $10 to be able to have one at the bottom. Jason: This is super important for people to realize. A lot of us entrepreneurs, we look at our bank accounts and we think well, I've got $1 that we made. Now I can go buy this thing for $1. They think it's a one to one relationship. That's a huge mistake. Tim: Whatever your business's profit margin is, you got to figure out the bloat factor. Let's just say for example, you're at a 10% profit margin, that means you have to make $10 to keep $1, your bloat factor is 10X. If you cut $1 of expense, you now don't have to sell 10X that in revenue to be in the exact same place. For example, this is actually an extraordinary story Jason, this going to blow your mind. I talked to one of my private consulting clients here. He and I had like uh-oh, the crisis is coming call like three weeks ago. He cut $9,000 a month in recurring revenue. Does that mean that he doesn't need to sell $9,000 in the coming year? Well, of course not, because it's recurring expenses. Jason: I was going to say he lost them? Tim: No, no, no. He cut $9,000 per month of expenses. At his profit margin, his bloat factor is 8.7. $9,000 times 12 months in a year times 8.7, he does not have to sell $944,882 in the coming year. He cut the need to sell a million dollars just by cutting $9,000 a month in expenses. That is mind expanding. Jason: We have pretty healthy profit margins at DoorGrow, we’re pretty tight. We're a virtual team but we cut a ton of expenses. Maybe if we have time, I could list some of the crazy actions that we took to help make sure that we cash flowed. It makes a ton of sense to me. Tim: Big time. I'll just take a super simple example. I actually set up a calculator which we'll play with in the free webinar you and I will do. We'll play with the bloat calculator a little bit. If I have a profit margin of 10%—not uncommon for businesses—my bloat factor would be 10. If all I removed was $250 a month, that's it, $250 a month of recurring expenses, canceling subscriptions, canceling unused services, access to different websites and whatnot, I would not have to sell $30,000 in the coming year. $250 a month does not sound like that much to cut, and yet a 10X bloat factor, that's $30,000 you do not have to sell anymore. You tell me what's easier, finding $250 a month and cutting it, or going out and generating $30,000 in new revenue in the coming year? Jason: Especially right now for us. My accountant was really impressed with me. We cut $10,000 in monthly expenses, depending on what our profit margin is. That can be pretty significant for us as well in terms of how much sales we don't have to do to make it each month. That's made it breathable for us significantly. Tim: When you talk about being able to survive and thrive even when sales go down, you just created a situation for yourself where you don't have to sell as much. Even if sales go down, you can still meet it at a lower sales level and still get by which is really incredible. Jason: I met with my accountant last night and we mapped out the month with all the recurring revenue that we have coming in. If we do no sales this month, we will make it. Tim: I love that. Jason: We’ve pivoted quickly and reduced the expenses, but right now it’s a great opportunity for property managers to grow and we're offering some crazy deals. Hopefully, we'll also be doing some sales this month and making a big difference. Tim: I love that. I think you were sharing offline about how all these Airbnbs are now switching to long term rental. They got smoked out of the market and now they just want to go back to traditional long term rentals. So there's all this flood towards property managers. For a property manager that knows how to convert an Airbnb into a standard long term rental, ready to rock, and knows how to find those deals, goodness gracious, this could be a really revolutionary time. Jason: There are several channels right now for growth and each one is going to get bigger. Property managers right now, they can capitalize on it. We're pushing our clients aggressively to start taking action on these things right now. Tim: That's so exciting. There's another way that we can navigate the cash crunch even if sales go down. It's not just by managing expenses but it's also by navigating cash. Let's get into the third and final step in navigating the cash crunch. The free webinar that we're gonna do in approximately a week from now, we're actually going to do live exercises. We're actually going to share screens and you're actually going to see this spreadsheet in action. It's super simple. Anyone can do it. It can be a game changer. Of the multi-million dollar companies that I've helped save, some of them I didn't even do private consulting with. They just came, they know your numbers, or they heard me talk about just this one tool, The Cash Flow Forecast. They use it religiously when they're in a tough spot and it helps them get through. It's very exciting. There's actually two parts to this. The very first is actually understanding how much cash can I actually touch right now? There's a big difference between cash and free cash. Cash is the amount of money that's in the bank if you add up your checking and savings accounts. That's cash. Free cash on the other hand, we have to deduct some money out of that total cash to get the free cash to know what we can actually work with. From our total cash amount, we need to set aside committed costs. Committed cost is any amount of money you've promised that you're going to pay. Let's say for example a website, I've signed a legal agreement to get a new website done. If I don't manage that agreement to delay the project, I'm on the hook for it. If that's a $10,000 cash outflow that's coming up in two weeks from now, that is a committed cost. I haven't received the service yet but I've committed to receiving the service or the product for that matter. Jason: It's money that's earmarked. It's money that is going to disappear. If you can't pay it, it could cause some serious problems. Tim: Big time, getting all the way back to that whole topic about managing relationships even through the tough times. The second category that we need to earmark some cash is payables. Let's say that you already had the website built. It was finished last week. You've enjoyed the service. You've received the service or the product for that matter. You're on net 30 terms or net 60 terms and now you got to pay that person. That's a payable. Now, one of the biggest payables that is unavoidable is death is taxes. Thankfully, the payment deadline in the United States has been extended, which allows for some cash flow breathing room for entrepreneurs, which is very important right now. I would do my best to get clear and make sure that I've got a separate account for tax. I actually have a separate bank account. It's a little profit first esque or Richest Man in Babylon esque that there's a separate account for income tax and that's where I would hold my income tax. Jason: I have that too. The idea is to have it at a bank that is difficult to get into. That's completely a normal thing. Tim: You don't know the pin. You give it to someone else. Two keys to authenticate and turn to open the vault. Jason: The worst online bank ever or something like that. Tim: Or the brick and mortar bank that has no online, something like that. After committed costs and payables including income tax, we also need to remove or set aside any deposits that we've got. This is huge in property management because we have deposits from tenants. You can't really spend that money, it's not money that you've earned. It's just money that you're holding as a deposit so we got to park that on the sidelines. Then from there, whatever amount that you've got to pay in credit card debt or any other very short term, high interest debt. Most credit cards are 10% more. If you've got all kinds of rewards on your card, you probably are facing 19.99% or 21.95% interest. We really want to make sure that we're getting that paid off at the end of each month or else we're facing colossal interest rates. I would earmark that money to hold to the side as well. Then from there, there's two more. The next one is ultra-short term debt that you need to pay. Short term debt in accounting refers to any debt that's due this year. A Tim Francisism ultra-short term is in the next 30 days. If there's any portion of debt that you need to pay down in the next 30 days, I would earmark that cash as well because if you don't pay it, a lot of small business loans have liens or guarantees against your house. You might lose your house if you don't pay it, or you don't renegotiate that payment because there are some circumstances now where banks and different lenders are allowing you to skip the payment right now because of what's going on. Our last category where we need to earmark and subtract cash, I actually have a whole separate account in my bank for this particular category, is what's called Unearned Revenue. I don't think that's as big in property management candidly. For example, for someone who's offering other services, unearned revenue can be the difference between life and death to know what is earned and what's not. For example, if someone hires me for a year of consulting and they pay in a block amount of money at the start of the year, they pay the whole year in advance, I can only touch 1/12th of that with each month that goes by because it's unearned revenue until I've delivered that guidance for the year. Understanding our starting point of actual free cash is the first part of managing cash, and then the second part is to build out what we call a cash flow forecast. It's very simple. It's 13 weeks which is 90 days, just three months. We simply plot into the cash flow forecast where we've got cash coming in and cash going out. Jason, would it be appropriate for me to just show a screenshot of a cash flow forecast or should we wait until the webinar? Jason: The podcast listeners won't see it so let's get that, we’ll show it on the webinar. They'll just be listeners but it's pretty cool. I'll give you a testimonial related to this. I met with my accountant. We're mapping out all the recurring revenue that we have at DoorGrow and figuring out what expenses. We basically went through this. She started doing this manually in a spreadsheet real time, basically doing exactly what your spreadsheet does. She was figuring out which things are going to hit, what are the due dates for these. We're figuring it all out. I was like that's so funny because Tim has a thing that does this. She took me through it manually to make sure that our cash flow situation is going to be good because it's not just hey, this month we're going to make X number of dollars. We're going to have X number of expenses and we're okay. It's maybe at the beginning of the month, you have a whole bunch of things that are running and you're making that revenue later in the month or however it might work. You need to make sure it's all going to be timed perfectly. That's the brilliance of your cash flow thing because if it ever dips below zero, you're dead. It goes into the red, that's death. You have to make sure that you always know when things are going to hit and this is what your spreadsheet does, which is pretty brilliant. Tim: I agree. I totally agree. I'll tell you, when people are calling you every single day to collect money, 29 days is an extremely long time. It is an eternity. Being clear about when money is arriving, not just by the month to your point, but to the week. To be very clear about when cash is leaving to the week, and making sure that not you or anyone in your team is sending cash out the door too soon especially without other people like a bookkeeper helping or an executive assistant helping to pay different bills, if you don't direct your team on when to pay bills, people in your office or on your team, they might just pay the bills when they come in. They just might pay it exactly the same day that they open the envelope or they get the statement online. They're like oh, well, I was just doing my job. I was just paying this because it came in. You got to give your teammates leadership, guidance, vision, and direction on items like this especially in a cash crunch. People oftentimes ask me Tim, this tool is brilliant. How often should I be looking at it? I say that you look at the tool as often as you need to, relative to two factors. Number one, how low is your plane flying relative to the treetops? This is just the analogy we talked about earlier. If your wheels are clipping the tree tops and those trees might take your plane down, then you're looking at that cash flow forecast possibly every single week to make absolutely damn sure that you're getting the money in that you're expecting on that week, and you're not sending money out any earlier than you're supposed to on that week. Jason: Even daily. Tim: A hundred percent. The clients that I have that weren't had multimillion dollar businesses which can have a lot of complexity, moving parts, people, teammates, products, clients, and all the rest, they would literally have it open every single day just to make sure things were coming and going, that all the trains are running on time because there was no margin for error. The other reason why you'd want to have your cash flow forecast updated in front of mine regularly is if there's a lot of turbulence in the air. Whether you're flying close to the trees or not close to trees. If you got a lot of altitude, that's great. But if there's a lot of turbulence, that can do a lot of damage to your plane as well. Maybe you're not looking at it every single day, maybe not even every single week, but at least once a month. I hate making absolute statements because there's always an exception to the rule, but more or less 100% of entrepreneurs are in turbulence right now because of the climate that we're operating in. This is not a situation, it's limited to a city, a state, or even a country. This is worldwide. The cash flow forecast is how you make sure that you've got oxygen in your tank and that you can keep moving. Without that oxygen in the tank, doesn't matter how big and fast your flippers are to generate revenue. You got to have the cash in the oxygen tank. If you do hit any spots where you've got red on your cash flow forecast and you need to manage that crisis line, there are a lot of different strategies. Some of the more obvious strategies would be applying for some of the SBA loans. The only downside to that is we don't know when they're going to arrive. Secondly, bank lines of credit or if you've got access to them already and they're just sitting unused, that becomes an option. There's raising money from family and friends or an investor. If you wanted to, this is maybe less attractive for most entrepreneurs, we can actually sell shares in your company to raise money. There's also just the simple renegotiating if you need to pay something. Let's say it's $5,000, it's in three weeks from now, and that's when your first red square hits on the cash flow forecast, that's your crisis line. If you're going to be short just $1,000 or something, maybe you could call that person that you owe the money and say can I make it in two payments? I'll pay you in three weeks half, and then one week after that the other half. Lo and behold, just by splitting to 2 payments over 14 days instead of once, all of a sudden you've made up the difference and now all your squares are green. Now you've got not three weeks of safety, but five weeks of safety. Jason: The plane can fly through all of those and knock at the trees. Tim: Hundred percent. The thing is there's a lot of conversation out there about how we have to pivot our businesses and how we have to change our sales and our marketing. I think that is all extremely important conversation to have, absolutely crucial conversation to have. Inevitably, if we're going to pivot our offerings in any way, shape, or form, it's going to take time to roll them out. If it's going to take, say, four weeks to come up with a new offering of some special for an Airbnb owners that want to convert into long term rental, if you need to create a marketing campaign to identify those people, if you need to train up your staff to call certain Airbnb to see if they're distressed. Whether it's people, projects, processes, offers that you're rolling out, it's going to take some time. Even if you do it really quickly, it will probably still take at least a month, if not a few months, to be able to make that pivot and to make that implementation. It doesn't matter if you've got the best idea. It takes four weeks to roll out, but you only have two weeks of cash. That's like building a brand new airplane that's the world's fastest, sexiest, coolest, most comfortable, smoothest plane in the world, but if you only give it 100 yards of runway, it's not going to take off. It's just not. Jason: To boil this down real simple for those listening, all these opportunities for growth, it does not matter if your business doesn't cash flow. It's going to fail. Cash flow first and then let's get you focused on growth. Tim: Cash can come from different places. It can come from loans and other places, not just from revenue. To your point, Jason, I just think there are so many opportunities on the other side of this. We just have to make sure we have enough runway. Surprisingly, amidst this entire thing, I'd say the thesis of all of this is that the most important factors in navigating a cash crunch is actually not cash itself. It's actually time. Time is what we're playing for and cash gets us time. By getting time, we can now get out of panic. We can get back to being calm, clear because we've got a cash flow forecast. You can see what's coming down the pipe. We're confident because you know the exact steps you need to take and because we're clear, confident, and calm, now we can be creative to take advantage of the opportunities that are coming down the pipe. That is the name of the game. Those three steps, navigating mindset, navigating expenses, and navigating cash are how we build the runway that we then can launch off whatever the new opportunities are to take us into the new economy. Jason: I had Michael McCalla on the show. I've worked with Al Sharpton as a coach. One of the things Al would say is if you lower the pressure noise for an entrepreneur, that's where their brilliance and genius comes out. One of the things Michael Mccalla talked about is that when we have constraints or limitations which this market is creating, it's going to create innovation. If you give somebody the Pareto principle, if you give somebody an endless amount of time to do whatever, they don't have to innovate. We're innovating crazy inside DoorGrow. My team members are getting new ideas. We release some contractors. Our salaried staff are figuring out new ways of doing things, ways to save money, ways that are more efficient, ways that are faster. These are big opportunities right now for you and your team to give them some constraints, have them work with you on lowering expenses, solving the cash crunch crisis that you may be experiencing, and allowing innovation creativity to happen. If you can keep your presence calm, your team will be there as well. This is a step towards that. Tim: Did you want to share with folks maybe a little bit about our presentation we're doing next week? We're actually walking people through building a cash flow forecast. Jason: Yeah. Let's just touch on the details. It's going to be on Thursday, what day is that? Tim: April the 9th. Jason: It's going to be on April 9th. It's going to be 11:00. Our time, we're both in Austin, Central, which is 9:00 AM Pacific noon Eastern. What are we going to be sharing during this? What are you going to be sharing with everyone? Tim: You bet. First of all, folks, go to navigatethecashcrunch.com/doorgrow. I know podcast listeners won't be able to see this, but Jason, I'll just share my screen so you can see it. We've got Navigate the Cash Crunch with Tim Francis and Jason Hull. It's happening Thursday, April 9th, 2020 at 11:00 AM Central, which is Chicago time just like Jason just shared. In it, we'll be sharing the three step process we've talked about today. We're not going to go into as much detail into mindset because we talked about it here today already. We'll cover a few tools around expense management. The real star of the show is building your very own cash flow forecast. You can register for that webinar at navigatethecashcrunch.com/doorgrow. What you'll get is access to the training. You also get the cash flow forecast template as well, which you can just drop into your very own computer and get to work with seeing where your crisis line is. Hopefully, it's not too close and from there, seeing the exact path to navigating safely. If you happen to be listening to this podcast episode of the DoorGrow Show after the webinars already happened, so after April the 9th, 2020, no problem. You can still go back to the exact same URL. You can see the resources and the replays there so that you are not left in the dark. Jason: navigatethecashcrunch.com/doorgrow. Tim: Yes, indeed. Absolutely. Maybe you guys can throw that in the show notes or something like that for anyone listening to the podcast. Jason: Absolutely. Tim: That's that. I think that somewhat as a final thought on my end over here. It's just that deep down inside, we as entrepreneurs, we take on a lot to be great leaders. I do view property managers as entrepreneurs. I hope they do too, because they are there. They're doing the courageous things of entrepreneurs every single day. Sometimes leadership isn't easy. Sometimes it has uncomfortable conversations. Sometimes it has uncomfortable moments. I think that there's something really beautiful about getting clear on where we are. Oftentimes we talk about our goals and what's the most important to us, but we also have to be very clear about where we are. Getting to Austin, Texas is very different if you're starting in Chicago versus Waikiki. Knowing where we are right now with free cash, and then from there being able to map the path with our cash flow forecast, it really creates calm, it really creates clarity. Therefore, it really creates confidence which then creates creativity that we can now take on this new economy. Something I am very sure about is not anyone including myself could have specific data around this. I just know my gut, Jason, that the economy that we had two months ago, it's over. It's gone. I don't just mean bull versus bear. What I mean is the way we did business once upon a time is forever changed. I'm very nervous for what kind of discomfort is coming for anyone who thinks that how we used to do things is coming back to what it used to be. As we chart into these new territories, I think being able to be calm, clear, confident, and creative is the path. It takes courage and just a couple simple tools to be able to have that. I think that if we're operating from clear facts and confidence, we become lighthouses that can attract what we need to attract into our worlds, and also fend away what we need to fend away. We're not left making super emotional decisions. One of my mentors, his name is Keith Cunningham, he talks about emotion and intelligence often working inverse of one another. The more emotional we are, which is really saying the more that we're in our amygdala, the less that we're in the frontal lobe of our brain, the less our executive functioning is there and the less that we're able to make intelligent, clear, confident decisions. On the flip side, the more that we can make calm, clear, confident decisions, the less that we become really emotional about what's going on. That's not to say we're not passionate. We are so passionate about our businesses. Yes, emotion has its right place. We just don't want to get stuck making decisions or taking action that we may regret down the road. Jason: Absolutely. Tim, thanks for coming on the show. Everybody else, make sure you tune in when we do our presentation. For those listening, watch the replay. Until next time to our mutual growth. Bye, everyone. 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The Calm & Resilient Teacher
Ep 005: How Two Teachers are Changing Education - One Project at a Time

The Calm & Resilient Teacher

Play Episode Listen Later Dec 31, 2019 42:05


What happens when two innovative, hard-working teachers come together to solve a problem much larger than themselves? BIG change happens... Check out what Michigan teachers, Jeff and Jason are up to and how they're flipping education upside down by encouraging teacher collaboration across the GLOBE and creating opportunities for real-world learning far beyond the classroom walls. Join the movement of teachers working together for CHANGE. To contact Jeff or Jason: Twitter: @creativeOSI @mcg4change @dcgeducation dewittcreativitygroup.org IG: creativeleadershipOSI Email: Jeff and Jason ✏️__________________________✏️ To learn 3 EASY Ways for Better Teacher Self-Care, click here! And... to JOIN the Calm and Resilient Teacher FB Community, join us by clicking HERE! JOIN the CRT Tribe waitlist TODAY to be part of a community of teachers who are working together to fight stress, tackle overwhelm and find MORE balance in their lives. --- Send in a voice message: https://anchor.fm/calmresilientteacher/message

#DoorGrowShow - Property Management Growth
DGS 103: Growth via Propertyware with Inaas Arabi

#DoorGrowShow - Property Management Growth

Play Episode Listen Later Nov 5, 2019 56:34


Property management businesses always want and need products and services to be profitable and grow doors. That’s why many of them choose the user-friendly residential rental property management software for single-family properties called, Propertyware. Today, I am talking to Inaas Arabi, Vice President (VP) of Single Family Rental and General Manager (GM) of Propertyware. He understands the importance of developing new and innovative ways to help property managers attain profitability and growth. You’ll Learn... [04:37] Past and Present Perception of Propertyware: Before becoming GM, Inaas was a customer because of ability to customize system based on business models. [06:38] Who uses Propertyware? Typically, larger companies wanting to scale and grow. [07:45] Room to Grow: Never buy a solution for where your business is today; always buy a solution for where you want it to be. [09:50] Directions for Growth:  Add units by differentiating services via customization and special offers. Increase revenue per door by offering add-on products and services.  Reduce expenses via automation for manual and repetitive tasks.  [20:33] Propertyware stands behind its platform; serves as business advisor, not only technology provider, to solve pain points. [23:54] Facilitating Future Integrations: Freedom to connect with third-party tools, vendors, and services. [27:40] API Connections and Challenges: Propertyware provides two-way data exchange that’s maintained in one system. [34:50] Status of Property Management Industry: Advocate, educate, and train others on legislation and awareness to protect tenants and landlords. [45:38] Should you switch software? Break up dysfunctional system to experience freedom by having good data, building relationships, and improving processes. Tweetables Never buy software for where you’re at today; always buy software for where you want to be. Pick property management software that you can live with for the long-term to grow. Automate mundane tasks performed by property managers via software. Kiss of death is double entry and manual input. Resources Inaas Arabi on LinkedIn Propertyware HubSpot Zapier Tenant Turner Property Meld Renter, Inc. Rent Manager ShowMojo Rently Rentec AppFolio Buildium DoorGrowClub Facebook Group DoorGrowLive DoorGrow on YouTube DoorGrow Website Score Quiz Transcript Jason: Welcome DoorGrow hackers to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they're crazy for not because you realize that property management is the ultimate high trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change the perception, expand the market and help the best property management entrepreneurs win. I'm your host property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show. Today's guest, I'm hanging out with, Inaas Arabi. Inaas: Yes. Jason: Did I say it right? Inaas: Yes, you sure did. Thank you. Jason: All right. Inaas, I'm excited to have you on the show. We have not yet had Propertyware on the show and Inaas is from Propertyware. Inaas: Yes I am. Jason: Tell us a little bit about your background and how you got into the space of property manager first and then let's get into maybe Propertyware a bit and talk about growth. Inaas: Awesome. I do want to first of all say that I'm a door hacker as well, so thank you for having me on, I'm excited. I came in mostly from the operational background. I started a company from scratch, operated and built it a little bit to over 1700 doors and then I sold it to a national player, then I went to work for the second largest owner and operator in the single family industry, American Homes for Rent. I worked for them for a while. I was their Midwest regional director of ops. We've done a lot of great things there. We took the company public. I left that and went to work for a company called the Altisource, which deals with banks and REITs and does a very similar thing to third party property management or property managers but on a different scale mostly for the banks and the financial industry. Operated a very large portfolio over 35 states and after that I got recruited by RealPage to be able to become the single family vice-president for them as well as general manager for Propertyware. Now, the reason why I think Propertyware would be a great choice for somebody like me and for a lot of operators is because you're able to take somebody like me with my experience and put him into the seats where we can make decisions that would actually help the property managers with their day-to-day lives. That's the difference that we're trying to go after compared to some of the other systems, is that we really want to build things that would be usable and would make an impact for people's businesses. I know we are going to talk about growth here in a little bit, but that is really the approach that we're going with Propertyware since I came in. We are building enhancements that allows people to grow in multiple different ways. They grow by adding units, which is what you talked about as far as being a door hacker. Number two, you grow by increasing your revenue by making more money per door. Then number three, you also went to grow financially by reducing expenses while keeping everything the same, so that would allow you to be able to have a much better financials or higher NOI’s for your property, since you're an owner or operator. That's really the goal. That's the approach that we're taking upon with Propertyware since I've started to them. I started Propertyware late January of this year. Jason: Okay. This is kind of new for you, the Propertyware thing. Inaas: Yes, it is. I mean, you can say it's new. I've been there since January so depending on how you take a look at it. Jason: You're halfway through… Inaas: Yeah, you're right. I'm definitely halfway through a year, yes, but I'm not new… Jason: You're 0.5 years at Propertyware right now. Inaas: Yes, it is. Jason: I mean that's two quarters. That's enough time to… Inaas: Make a change, yes. Jason: Make some changes. So, what was your perception of Propertyware before you came in versus now? Inaas: I was a customer of Propertyware when I was working with Altisource. We ran a set of very complicated and very large portfolio, a little over 10,000 units over 35 states, and we did it through Propertyware. One thing that I always appreciated about Propertyware was the ability to customize and the ability to be able to build unique or redo the system around your uniqueness as a business model. Now, I think that also causes people to be more afraid of the technology because there is not a very easy systematic streamlined way of doing things on Propertyware. You have multiple ways of doing things. It's built as such to be able to allow people the ability to customize based on the business model. Having that I've been working for Propertyware, before I found it to be a very interesting point as a customer, it was very good for me, but when I moved in to being in the seat of making changes, I didn't realize that this is an intentional thing that we're doing where we are able to keep the business and keep the platform customizable by the business model. Now, I would also say that that will make some people be very hesitant into looking into Propertyware because they're afraid of how customizable the system could be. That could also take you into a lot of what I would call rabbit holes, meaning, if you've got 20 ways to be able to do something, sometimes you give way too many options for some people that would allow you to take out the simplicity aspect of it or the easiness aspect of it. Overall, really what I appreciate the most as customization, if I want to have to sum it up down to one thing. Jason: The perception that I've always had about Propertyware is I've noticed that a lot of the larger companies, the companies that really are folks on scale, that they tend to use Propertyware. Propertyware seems to be very scalable. It seems much more of an enterprise solution than a lot of the other property management software out there. That's kind of the perception that I've noticed. I have lots of clients that have used Propertyware. I noticed usually the guys with thousands of doors are using Propertyware. Inaas: We do have people from different levels of where they're at. Now, to your point, sometimes it's very difficult and I struggle with this myself as well, it's really very difficult to be able to equate the number of units for your business to how complicated of a process you’re running. We come across some people that they maybe only running 200 units, but they have some of the most complex processes that I've seen and the opposite is very true. It's really more about how customizable are you ready to look in to be able to build for your business. The one thing that I would always say, you never buy software for where you at today, you should always be buying software to where you want to be. It's almost like when you're talking to trainers that they always say, “You don't want to be the guy or the person who's playing today. You really want to be playing to what you want yourself to look like after you win or at the winning table,” and that's really where it comes in to be. If you're thinking you want to grow and you want to have a system that grows with you, scales with you, that allows you to be able to do different things in many different ways, Propertyware certainly will be it. Now, I would also say, you do have to be willing to take on this opportunity to be able to build things that will be customizable for you, so you can get the best advantage. Jason: This is the feedback that I've noticed about Propertyware. What he says is absolutely true. If you're going to pick a property management software solution or any solution for your business, you want to pick a solution that is going to give you room to grow into for whatever size you imagine because it's not easy to switch property management software. Anybody that's done it that switched from one to the other because they thought the grass would be greener on the other side, usually regrets it and it's not been so comfortable. I agree, pick a software that you feel like you can live with in the long term. Inaas: What you're saying is absolutely true. It’s really about jumping from one system to the next is not an easy task. I do recognize that you do have to put in a lot of effort into that, but you do need to find something that would scale with you for the long term, not for where you are today. That's the beauty about finding that system and being able to grow with it as you go. We've seen a lot of great companies have grown with us over the years and have done wonderful things as far as that goes. Jason:: Let's get into growth. The topic is growth via Propertyware. How does Propertyware help somebody grow or what are we chatting about here? Inaas: Like I said, the approach for us since I've got into Propertyware is the fact that we're building enhancements that would allow people to grow in all of those three directions. I'm going to give you specific examples because I know you like that. Number one. Growth, in my opinion, is adding units. How do you add units? You help PMCs differentiate their services and do things where they can go out there and put themselves in front of the right people that they're looking for their services. As an example, I know you guys offer wonderful websites offering, which is great. One way that we can help is we do provide our clients what we call a listing widget that they can plug in anywhere on the website. This way, you as a website provider don't have to build it for them. It defeats all the information directly from the Propertyware property management software. All of the vacancies, the rent price, the number of bedrooms, bathrooms, pictures and all that are all within that listing widget. Then we make it so customizable to the point where people are able to do some awesome things with it. An awesome thing would be, for example, you can add on banners at their specific workflow. For example, you can put in a banner that says, “Only make that banner available over the weekend to make a weekend offer,” so you can say, “Come take a look at my house that I have for rent and you're going to get $100 off if you look at it between Friday and Sunday,” or “If you look at it between the 1st and the 15th.” You can do things like, “We're looking for awesome owners like yourselves. Click on this link to be able to see our offering.” You could do things like the workflow, like once a property has an approved applicant for it, then you would automatically take it off the listing so this way you don't have to do anything with that manually. You could also do it where you can add a lot of information in the description for that property and one thing I teach people to do and I'm sure you’d like that, Jason, is the fact that for every listing that you put in out there for rent at the bottom of the description for that listing, you should take a couple of lines and you should type in information about your services with the link to the website that will take people on to a full offering of those services. Because we know when people go out to look for properties, rental properties on the market, majority of them will be renters, but some are not necessarily renters. Some of them might be owners that they're looking to comp out their property to figure out what the other properties in the area are renting for or they might be asset managers that [...] ability to put yourself in front of those guys while they're searching for properties. It's very unique. It doesn't cost you any extra. It's part of the listing widget that allows you to plug and play and do it as you go. This is one example of an enhancement that does help for the unit growth. There is plenty more, I don't think I have enough time to be able to share all of them because I want to talk about other items that are important. The second element we talked about, which is adding revenue or increasing your revenue, making it where instead of making $1000 per door, you go up to $1500 per door, you go up to $2000, $3000, whatever you feel like it's the right level that you want to go to. How do we do that? We do that by offering ancillary products that could make sense for the property managers but they're also integrated within the system so this way, they don't have to do anything offsite the system. The beauty about that is you get the beauty of getting something that is offered, make some money on it without adding too much expenses on your end from an HR or an employee perspective. Some examples with that would be asset protection or our renter's insurance. I know some other software do offer that. The reason why I mentioned it is because between Propertyware and some of the other systems is the fact that we really want to make sure that it’s fully integrated within our system. The tenant will have a very seamless experience when they're selecting the process or selecting the product and they were going through it, and then also the PMC will have a very seamless experience. Last but not the least, if there is an owner involved, that owner will also have a very seamless experience. As an example of the asset protection, it's a checkbox and then you can select whether it's paid for by the owner or paid for by the tenant. You can put in whatever extra fee that you would want to add on as a PMC as your profit margin, and then you can apply either to a tenant ledger or to an owner ledger depending on who's paying for it, and you do all of that very seamlessly with a couple of clicks. If you do enough of those, you start seeing a little bit of an increase of revenue in per door that you're having. Some of the other products that were also migrating or integrating within our system would be things like utility management which is I think we're one of the only system that I know of that offer something like that. Utility management in single family has not been a revenue center for a long time, but I think that is changing with all of the legalities where it's forcing either the owner or the property management company to keep a lot of utilities in their names so you don't have any off and on for all the tenants when they leave or when you have a new tenant moving in. If you are a PMC and you're going to have to manage that for the owner, we believe you do it with ease, but you should charge a fee to be able to do that and you can apply for that again either on the tenant ledger or on the owner ledger—depending on who's paying for it—and you make a little bit of money on it. That's the examples of how do we help increase revenue for our PMCs. The last type of growth that I want to talk about which is very near and dear to my heart is the profit growth by reducing your expenses. In my opinion, you reduce your expenses by doing automation. Now automation, certainly I'm not suggesting that you exchange relationships or conversations with owners and tenants with technology, but what you do, if you take a look at a lot of repetitive elements that we do every day in property management, you should automate those or you should look into making them systematic, so this way you're not spending a lot of time doing what [...] specific example here. Since I came in to Propertyware, we sat down and we looked at all the processes that our PMCs go through. From renewals, to leasing, to signing of a lease, to maintenance, to all of the big processes. Our goal was to be able to build or educate our PMCs on the best automated way to be able to do a process from A-Z, for the best results, for the cheapest cost as far as HR, and for the highest profit margin. I can tell you, we've gotten rave reviews from our clients when they've seen what we've put together. We have what we call road shows which is more of events that we put out in some certain cities in the United States and we invite our clients and prospects to come out to see us and see what we have going and what we're working on. We share with them for example the renewal process that we build together for them. Now, the beauty about why this is important, why I talk about it, we actually talk about both sides of the spectrum here. We talk about the setup, how you can setup Propertyware for full automation, as well as the actual process of how you run it from a systematic perspective and from an operational perspective. By the time you leave, if you have been a little bit hesitant about how do I work Propertyware to my advantage, you already know how you set it up, and you already know how to work the process itself. We've had customers where they came back and they reported that their renewal rate was at 60%-70%, now they are close to 80%. As a matter of fact, I was talking to a client a little bit earlier today and they quoted 79.83% renewal rate from, I think it was close to 71% or 72%. That's a huge movement. Now, why that's important for PMCs, that's a differentiator for you as well as a service. When you go talk to owners and you say, “I am able to get 80% of people to renew, that speaks volumes to the owners and allows them to see the benefit of working with you compared to working with somebody else who does not have a high renewal rate. Did I explain it to you well as far as all the different types of growth and how we calculate what kind of enhancements we use for each one of them? Jason: Yeah, absolutely. All of these things make sense and I love the idea that you're taking a look at the challenges that the property managers are facing internally when it comes to their operations to facilitate that with the software, to make that faster, to make that more simple versus all the manual stuff. Property managers do a lot of manual stuff. Inaas: They sure do. Jason: The more that you can pull into that software, the better. A lot of people a lot of times, they're turning to lots of different systems to try and systemize their business outside of their accounting solution and that can get cumbersome at times. Inaas: Yeah and the renewal process that we put together for full automation, we've got a little over 20 contact steps, where if you're doing this manually, you would need about 20, a little bit over 20 steps to be able to go through the entire process. We're talking steps from talking to the tenants and making sure that they want to renew, then again talking to the owner is making sure you agree on pricing, making sure you come back and you talk to the tenant and you send them a lease and you follow up on the lease and you do all of that back and forth. We changed that down to the point where we're able to do the entire thing with about six or seven touches. Six to seven touches in my opinion compared to over 20, does saves you so much time and so much effort that allows you to really concentrate on building the relationship instead of losing the time doing mundane task that you should be automating. In my opinion, that's how you grow, you grow by taking all of those mundane tasks, automate them, take those out of your way, and then concentrate on building the relationship, whether it's with the owners or with tenants themselves. Jason: Yeah, makes sense. All right, cool. Is there anything else that you want people to know about Propertyware while I've got you here? Inaas: Absolutely. There is a lot of things that I want to people to know about Propertyware but few things come to mind right off the bat. One, that we do stand behind all of our clients and we do appreciate the relationships that we have with them. Also, if you can imagine, we're taking a different approach by becoming more of our business advisors to our PMCs, not just a technology provider. A lot of times, you come across a lot of great technologies, but if you don't know how to take that technology and apply it into your day-to-day operations, that technology really failed because it's not really allowing you to get what you’d want out of it. Think about text messaging when it came out, for example. If people didn't try it, didn’t perfected it, didn’t figure out what to do with it, we wouldn't have had such a great success with it today. The same effort would be with our platform. We wanted to educate people. We want to make a business partnership with them, to be able to tell him how to do it, what do they do with it, and how they can use it to be able to get best results from all the aspects that we talked about. That's one. Number two, I also want them to know that we are property managers, building stuff for property managers. We’re not technologists, we're just building things in a vacuum, and really building it from the perspective of we know where their pain points are, we've been through it, whether it's myself or somebody on my staff, we know what your folks, the people that’s hearing us today are going through and because of that, my goal is to be able to build things to solve those issues for them, to solve those pain points. Now, sometimes we have to take them in steps, but at the end of the day we are solving those pain points. For example, we rolled out our text messaging feature earlier this year and for fairness sake it was what I would call the basic features of being able to communicate back and forth via text messaging. In order for us to take that to the next level, we're also working on enhancements now that would allow us to do the multi-level, the multimedia, as well as the group texting, and things like categorize station for all of the text. This way, our PMCs could take a text and apply it toward somebody specific, whether it's an owner or tenant. They can also do group texting. They can also do multimedia, so they can send a picture, send a file, and do all of that all within one centralized communication command, if you call it that, within the system, so it's not anywhere off the system. Then, last but not least, I think we’ve talked very greatly about growth, but what I really want people to know, your listeners, is that if you're looking for a scalable system that has a lot of potential for you, that would allow you to be able to do a lot of customization for your business based on your business needs, then you should look into Propertyware and you should evaluate it as an opportunity as an option for you. Now, it may fit then that's fantastic, it may not and that's okay, but at the end of the day you should really evaluate it to figure out if it's a good fit for you or not. Jason: You're talking about what you guys are doing internally. One of the big questions I know a lot of my clients have, a lot of listeners have that's really hot on the tip of the tongue of most property managers nowadays is integrations. That’s freedom to connect with third party tools, vendors, different services. Maybe you can touch on an API, what you guys have maybe going on there, and how you guys are kind of facilitating integrations with third parties. Inaas: Yeah. That's such a fantastic point, I'm so glad that you actually brought that up. Propertyware’s current approach is that we are offering a two-way data exchange [...] an API that allows people to be able to connect to their property management software. They can connect almost anything and everything that they would like to do. In my view, we want to provide people the opportunities to make a choice or pick the right option that fits for their business model. There is a lot of great things that we offer. If it fits your business model, if it fits your needs fantastic, use it. If you have something else that you'd like to use, connect it to property management software so you don't have to double entry anything. To me, the kiss of death is double entry and the kiss of death is any manual input that you put into either your staff or yourself, because somebody's going to make a mistake with that manual entry and somebody's going to cause you havoc later, even if it's not happening today. That's as far as the API. Now, I know on other webcast, Jason, you did ask about things like I think the place was, remind me again, was HubSpot or something like that, where you're able to connect Propertyware to everything else that it's out there as far as softwares… Jason: That was Zapier. Inaas: …yes, Zapier, thank you. I appreciate that. We actually looked into that and we're talking to them now about getting our platform on their site to be able to have full integrations with everything that they've done. You could do this yourself today, meaning if you have access to the API, you can take API, you can plug it into whatever other software that you'd want to plug it into, whether it’s CRM, whether it's an inspection product, whether it's a [...] product, typically anything and everything that has got API, you can connect it to do. Jason: If you're nerdy enough or you pay enough money to get somebody nerdy enough to do it. Inaas: True. I mean, you do have to have a developer to be able to take a look at it. This is not something that's geared toward a property manager to be doing it themselves, that's for sure. Jason: That’s why there's Zapier. The Zapier is very cool because it allows a somewhat normal person—you have to be a little bit nerdy, let's be honest—to do it without having to know code. You can create connections between tools and systems, so if you guys are working on that, I'll be really excited to hear when you guys have that ready. Inaas: Yeah, absolutely. You're definitely correct, it does need a little bit of development resources to be able to do the API, that's for sure, but remember though, Jason, once you do it once, you've got it, meaning you don’t have… Jason: You don’t have to do it over again. Inaas: Exactly. You don't have to go do connection every day, meaning if you've got five products that you're working on plus your property management software, you connect them all at once and you're done. You may have to do maintenance every once in awhile like if something is changed on your property management software or if you change your business model, if you do different things, you make maintenance changes, but it's not as big of a change once you've done it once. It's really more of an initial step and once you go through that initial step, you're good to go. However, I would also say, we're also one of the very few systems that offer two-way data exchange. Some other systems would offer data out and they call that API, but that's really not an API. An API should be a two-way data exchange, where you can take data out of your system and you can put data back into your system. If you can't do that, you can't really call it API but that's again [...] view at this point. I have seen some of our customers do some awesome things with the API connections. Those API's might have where they take information out of Propertyware, they go do something else with it and then go back and feed it back into Propertyware to be able to have one system through which is Propertyware for them. At the end of the day, you would want to connect everything you're working on with your property management software, so you're not having to enter anything manually. Jason: One of the challenges with API's is that you've got two pieces a software there communicating and if either one of them makes changes it can break that connection like something happens, that's what's I think is really important for the different vendors and property management software to create relationships where somebody's maintaining this. For example, if Tenant Turner was working with Propertyware or if Property Meld was working the Propertyware, if one of these vendors a lot of people are really enjoying, if they're helping to maintain that connection, then the business owner doesn't have to keep that working or make sure that it’s working. Inaas: It’s also fair and I'm again [...] and we have a list of companies that we’re actually working with to be able to have direct integrations with, you've mentioned Property Meld for example, that's one of our success stories with the API. We have a full integration with them, they'll tell you the same thing as well. The beauty about that is somebody could do the maintenance within Property Meld and then they can make the payment out of their Propertyware system with ease without any complications. It also allows you to do back and forth between the two systems, so if you have a work order that came in from a tenant, you can feed into Property Meld and vice versa as well. Having that we have the API, that's what allowed us to be able to do that. There is a list of companies that we're going through to be able to do direct integration with. I think RentersInc is one of the people here, they're putting in chats. We've been working with them on a direct integration of the API. I think they're almost there, they're about 95% there to it. To me, it's all about providing opportunities for our PMCs to be able to take advantage of what the technology could do for them. That's what we're embarking upon. That's what we are going to do. And if you stay tuned, you’re going to get a lot of great news about us connected with a lot of different vendors that does different things for our PMCs. The idea is, again to your point, we maintain the connection, so the PMC doesn't have to. If they wanted to go elsewhere like for example somebody wants to go to a different maintenance provider Property Meld is not what they want to use, they can still use the API to be able to make the exact same connection the Property Meld is made with Propertyware, if they have an access to the API. Jason: Yeah, makes sense. I love the idea of direct integrations. I love the idea of having an open API. I love the idea of you helping them to systemize your business internally, leveraging your software. These are all powerful tools for them. One of the main things you have mentioned at the beginning, is to lower expenses and all of these things is going to lower the level of communication, which lessens the amount of time in man-hours and manual stuff that has to happen. That's the biggest expense in property management is staff, it's people, it's those resources and that allows them greater leverage so that they can get more done without having to throw money at bodies constantly in order to get everything done. Property management is not a cheap business to run for a lot of people, so margins matter quite a bit. Inaas: It was quite interesting to me once I came on to work for Propertyware because I went out and talked to a lot of clients and again I'm an operator, so I understand what people are going through and I remember when I ran my own company, it was really more throwing bodies at it all the time. The difference though in today's world that is very different than when I ran my own company, is today you have options for technologies that could fulfill those tasks that people were doing for you before. Back when I ran my own company, those options were not even available. For example, if you recall back in the day when we were doing inspections on pen and paper or via pen and paper, everybody would take a piece of paper and a list of items or questions and you just fill amount while you're going through the property doing inspection. Today, you do most of your inspections via mobile technology on mobile devices and with mobile templates. The beauty about that is that saved you the ability or the need to have someone that is actually sitting down and writing down information on a piece of paper and they're transcribing them back into your property management software. If you have the integration correctly, you go from mobile inspection tool to the inspection report directly into your property management. We're working on something that we're just actually going to roll out here tomorrow, which is enhancements for our evaluation module. It allows people to be able to do multiple inspections and then match them column by column for every time you've done inspection. Think of when you go out and you do a move in inspection, you do a midyear inspection, you do a move out inspection, and then you're seeing all of those inspections in front of you matched line item by line item, so you know what the kitchen looked like when you did the move-in, you know what the kitchen looks like when you did a midyear inspection and you absolutely you know what the kitchen looks like when somebody moved out If you can show some damages that the tenant have caused that home, there is never a question anymore about who caused it because you have such an access to data and information that is beyond anyone's ability to be able to dispute it in court. Again, that's the beauty about the technology and the use of technology in today's market compared to what was before. Jason: Yeah. Technology certainly is changing quite a bit. I think here in the US, we’re in the forefront of what's happening technologically in property management, even if we are maybe behind other countries in terms of how well-developed or how familiar people are with property management. It's exciting to see what you guys are doing. Before we wrap this up is there anything else anybody should know about Propertyware and how can they get in touch with you guys? Inaas: I appreciate that. What I would like to do though is I do want to talk a little bit about the industry in general because I want to take this platform as a way for us to be able to educate and train. I do believe that our industry and to your point earlier some other countries have this property management business defined a little bit better and it's a little bit more integrated within day in and day out lives of people, so it's looked at a very different. Jason: There's probably two things, maybe just more legislation surrounding it and maybe just more awareness in those markets. Inaas: Awareness is really a good word. Thank you. The reason why I mentioned that is I truly believe that our industry has been under attack this year and is probably going to be continuing on ongoing under attack from almost everywhere. Whether it states that they're changing the rules, whether it's businesses that they're changing the rules, whether it's somebody else is changing the rules. The problem with it is I think we're so defragmented to the point that we lost the ability to stand up for ourselves as an industry. [...] I can give you of states changing the rules on the fly and make it miserable for our PMCs to be able to operate. Not to single them out, but I'm going to make an example of the State of New York. They just rolled out a brand new law about that the tenant protection law, that's what they call it. The effect of those things that they put into the… Jason: Protecting the tenants from the big bad evil landlord. Inaas: Yes, exactly. Part of it, for example, you can't charge more than $20 for application fee. You can't even call it an application fee, you have to call it something else. If the customer or if the tenant brings you a copy of an old credit report, you typically have to accept it and not charge him anything if you're going to go screen them through your ways. You can imagine the complexity that this is putting on our PMCs in the State of New York and they're not the only state. I know some other states and they're changing things, changing rules. The reason why I say all of this is I do have an ask for all of us as property managers and the ask is, let's really get together. Let's support the organizations that support us. I don’t want to make this a pitch for any specific organizations that are very well known in our industry, that are usually a couple, two or three, but let's support them to be able to have a voice, so they can stand on our behalf against some of these things that are happening to our industry. Let's really truly do a good job making sure that we're providing the utmost best customer experience, the best customer service that we can provide, because that is the only savior for us to where the public is going to realize that we have value and what we do has value and they're going to continue on working with us and our business is going to continue to grow. That's as far as the industry. I really wanted to make sure that I put that plug in there. You asked me about Propertyware, I think we've talked… Jason: To touch on that I want to agree with you on that. Property management is really in its infancy I think here in the US in terms of awareness and perception. Every property management business owner is either an advocate for the industry or they're hurting the industry. We all need to be advocates for the industry and we also need to educate. We need to educate because I think if a lot of these laws wouldn’t exist or they would be very different if property managers had input, because they know what works in the real world. They know what needs to happen. They do want to protect the interests of the tenant and the owner. When things get skewed, when the pendulum swings all the way away from the owner’s interests or the landlord’s interest just towards what serves the needs and interests of the tenants, eventually it's not really going to end up serving the needs of the tenants. It creates some sort of imbalance that is going to hurt tenants in the long run. That's generally just always going to be true when something isn't right, or isn't fair, or isn’t just. Inaas: I totally agree 100% and I think you hit the nail on its head with the education. I do also feel that we should educate everybody that we come across with. Whether it's our tenants, whether it's our owners, whether it's somebody else that we're dealing with our vendors. One thing that I was very advocate for when I ran either of my company or other companies, is the fact that you have to have an onboarding experience for everybody you’re dealing with. An onboarding experience with your tenant, an onboarding experience with your owner, an onboarding experience for your vendor. And guess what? Also an onboarding experience for the HOAs that you're dealing with, an onboarding experience for the politicians that are responsible for your area as well because if you don't educate all of those people on what we and how we do it well, there is also not going to be something you're going to like. To your point, Jason, I think if the property managers were involved in some of these laws that they were written, I'm sure they would have been written differently. It's not because we don't want to protect the public. We actually have the utmost respect for the public, but we know what works, and we know what works well. If the idea is to make sure that a tenant has the opportunity to not being overly charged for a particular application fee or something like that, you could have written that in as a rule but a little bit differently than just making it where it’s mandated, it's one fee, and you're minimizing the ability for somebody to be able to do the right screening for their tenant and putting the right people in place. Jason: Even in contracts and everything else, we need a little bit of educated language to explain the why behind things. Inaas: Yes, absolutely, 100%. Jason: It’s like that spoonful of sugar that Mary Poppins says makes the medicine go down. There needs to be a little bit of education added to some of the stuff rather than just throwing out, “This is how we're going to do it,” and you have to just take it. Inaas: Agreed. Now, you did ask me about property. I do want to say a couple things here. It is a system that I'd like people to take a look into as an opportunity for them to understand what the system could do for them, what are we doing as far as these processes, these automations, the opportunities for the two-way API for them to be able to connect their system to everything else that they're working on. We understand that people have to have options and we're supporting that and we’re going to go with it. I just want people to take a look at what we've got to offer and if it's fitting to what they need and what their business model is, fantastic. We can work together. If it's not, it's no big deal. We will continue on staying part of the same industry and we’ll support each other, but I do feel that people are missing quite a lot by not checking out what the opportunities look like and what the options are with Propertyware. As far as connecting with us what I would recommend, if people go on to our website Propertyware.com, we've just finalized a new experience for what I'm going to call here the free trial where you can go in, login, take a look at a little bit of the system, figure out what's going on. You're certainly not going to be able to do every single thing in the system. I'm not going to allow you to be able to take a payment in the system or put a tenant in there and kind of have them pay you through it, but the beauty of that is at least, it gives you an insider look of what we have available to you. I would also invite you to have a conversation with our sales staff to really truly understand what we have to offer and then go through a demo. If it works, great. If it doesn't, no big deal. Jason: I want to point this out because I'm an advocate for the industry. I'm not a property manager. I want to see the industry shift towards more openness, more freedom. I love what you're saying. We've had other property management software on the past and the general message of one of the big players out there who I won't mention by name was just, we're going to just create everything internally. We're going to just try and give our customers everything that they need rather than giving them what they really are asking for. The general feedback I hear from everybody is they want freedom. They want freaking freedom to be able to make choices, to make the best choices for the business, to choose the best tools and vendors. They want freedom. As entrepreneurs, that's why we are doing what we are doing. We don't give up the 9-5 job so that we can work even more hours a lot of times initially and have a lot more stress and a lot more pain just because we're crazy. We do it because we want more freedom. We want to be choosing what we're doing. What you're saying I think is in alignment with entrepreneurs. It’s in alignment with entrepreneurs that are running these property management businesses. They want the freedom to be able to choose the vendors, choose the third party tools that they're going to be using, and they want that stuff to work with their property management software. I appreciate that that is a focus of what Propertyware is doing. I wanted to point that out because I think it's important to highlight those in the industry that are doing that. I see you guys doing it. I see Rent Manager doing that, the open API thing. One thing I've also always appreciated about Propertyware since we started doing websites at DoorGrow back in the day, the very first website I did were websites for Propertyware clients and customers. I've always had that really good integration for the widget. In the first, I have a JavaScript widget, it would populate the data, it wasn't just a cheesy iframe thing that we were putting into the page, and that's always been nice. It's always been nice to have that reduced double data entry. People are putting in their properties into their websites and then doing that just back in the day. We've come a long way since then, every everybody has. Now they're using tools like maybe Tenant Turner, ShowMojo, or Rently, and some of these sorts of integrations. I've always appreciated those aspects of Propertyware. Question. Most people have a property management software. I would imagine most people listening to this show are not just startups that are like, “Which software should I pick?” Say they're using AppFolio, they're using Buildium, they're using Rent Manager, they're using Rentec Direct, they're using something already. What would you say as far as switching? We mentioned already. It’s painful usually to switch. How do you help facilitate this if you're going to get customers on? They're going to have to make the switch. Right now, they're probably not even listening because they're like, “There's no way I can switch. I'm married and I'm married for eternity.” I'm going to give you an opportunity to help them break up that marriage if it's dysfunctional. Inaas: I am so appreciative of you bringing this on as well. I do want to go back though. Freedom, I love that. I'm actually going to use it because you are correct in making sure that you highlight the fact that it's all about freedom. Yes, we do have offerings. Yes, we do have products, but at the same token, I am personally a believer. In Propertyware, we're believing that we have to provide options for people. You pick whatever makes sense for you as a property management company, if you have a different vendor that is offering something that is more unique to your business model and you like to use that versus using something that we have, great. Go for it. Now as far as the implementation—obviously you can use the API two-way data exchange to be able to connect them so you don't have to double entry anything—the implementation is such an important piece. When you talk to technologist and you talk to them about implementation, they just don't realize the amount of hassles that a PMC will have to go through when they're jumping from one system to another system. To them, it's more of a 1+1=2. Once I came in to Propertyware, the first thing that I have to tackle was our implementation. What we did with it is a couple of folds. One, we broke it down to where we provide now tools for ability to be able to have clean data that gets into your system. Having clean data is half the battle for your implementation because if you have a good, clean data coming into your system, it makes your life so much easier to be able to operate. What we found, a lot of PMCs may not have realized some of the, I'm going to use the word “garbage” that they may have had in their systems. When we go through our checks, we come back to our PMCs and we say, “You told us you managed 200, 300, 1000 doors but when we're looking at your data here, we're seeing 1033, so what's going on with those additional 33 units? Are they truly for rent? Are they truly something you don't use? What's going on with them?” and they're coming back saying, “You know what? You're right. Those are people that we lost two years ago and the person who was working on the system never deactivated the units.” Having good data is half the battle. Second is the partnership between the PMCs as well as a good implementation team that allows them to go through the experience one step at a time. What that means, when they're coming in to us to be able to work with Propertyware, they're going to be assigned a particular team with one project manager who is driving the entire implementation from A-Z. They have calls, they have specific asks, there is a specific journey that they're going through step-by-step. Data is usually number one issue that we all come across. Number two would be all your accounting setups. Number three would be all you process setups. Number four would be more of your training and your customization. Number five kind of bringing it all together with KPIs, reports, and dashboards. Now, after you've done all of this implementation, then you're also going to get the training team to come in and do full training with you for all these processes. That training is part of the implementation. It's not something specific that you got to pay for. It also allows you to be able to customize to what your business model needs. Let's say you have a specific way of doing move-ins, that trainer is going to learn that from you before they come out to train you and your staff. When they come out to train you and your staff, they're training you on the system to the best business model, to the best business process that you told him you want to do for that move-in. They're not going to tell you, “Propertyware does it this way,” they're going to say, “This is how you told me you want to do move-ins and this is how you could do the same thing in Propertyware for the best of all the results, whether it's for you or for us.” Last but not the least, what I would also mention is the fact that we provide our PMCs timelines for their integration. We point it out. We basically say you have, I think the timeline is about 90 days for you to be able to be integrated. You’re not paying for the systems during those 90 days until you fully integrated. Once you are fully integrated, then you start paying for it. That allows us to both be on the same footing saying, “We're going to work with you to be able to get you implemented because you're not paying us, so we're not making any money. At the same token, it's in our best interest to help you through this process so we can get you to that finalized implementation piece so you can start using your system.” Now, what we've seen is a huge reduction in the days of implementation for Propertyware in particular. We've also seen a very high number of what I would say happy customers that they came on our new plan for implementation. We’ve also seen a lot less issues with data when data comes in through the system and we're finding a lot of ahas from our clients similar to what I described to you saying, “Hey, I didn’t know that I had 1033 units. I thought I was only managing 1000 so now I got to deal with those 33 units,” or, “I didn't know that I could do move-ins this way or move-outs that way, or do a process of secure deposit, and refunds this way to be able to make it easier for me and more streamlined.” It's less touches, less communications, less points of friction between the teams, and then obviously what gives you the best results at the end of the day. We've seen very good results from our new approach with the implementation. Jason: People are a little frustrated with their existing property management software. It sounds like you guys have made a lot of changes, as well as the API stuff you’ve been talking about, direct integrations. It's probably worth to them to take a new fresh look at Propertyware. Inaas: Absolutely, yes. If you looked at it before, I do invite you to take a look at it again. I promise you, we've made a lot of changes. And we are continually making changes. We do this every day. When I say changes, it's really more of enhancements that really makes sense for all of what we talked about. You've mentioned the listing, how easy it is. One thing we just rolled out recently is the watermarking for photos in listing widget. It's a small thing but it's an awesome thing to have. Jason: It protects the photos. Inaas: It protects the photos. Especially if you're in areas where you're hit a lot by scams. When I went operating, I'm not singling them out but just a case of the matter. Florida was one of those states that had a lot of scams. By watermarking your photos at ease without a lot of work, it helps you to be able to protect them and making sure that no one is going to steal those photos to be able to scam you or your owners out of the property. Again, we're making enhancements that make sense and we're making enhancements that is allowing people to grow. Either by adding units, increasing their revenue, and/or reducing their expenses, and increasing their profits. Jason: Cool. Inaas, I appreciate you coming on the show and sharing some ideas about Propertyware, letting us know where everything's at with it. Again, people can get in touch by going to propertyware.com and check you guys out. Inaas: I appreciate that. Thank you very much, Jason. I'm really glad that I got a chance to be on the webcast with you. Thank you very much. You guys do a fine job. Please continue on these webcasts. Please continue educating our PMCs and just know that we're going to be supporting you all the way. If there is anything we can do for you and your listeners to be able to support them in their businesses, and in their endeavors, please reach out to us. We’d love to be your business partners. Jason: Awesome. Yeah, I would love to. That would be great. It would be cool. Maybe we'll do something to your audience at some point. That will be fun. Inaas: Absolutely. We welcome that. Jason: All right, cool. I love sharing the message that we share. I'll let you go Inaas. Thanks again for being on the show. Inaas: Thank you very much. I appreciate it. Thank you. Jason: As everybody knows, I love sharing the message that I think property management, there is a bigger vision for property managers than just getting mired in toilets, tenants, and termites. I do believe good property management can change the world. There is a massive ripple effect. There are thousands and thousands of families that can be affected by good management. There's a lot of situations in which families should be underneath good management instead of a crappy landlord situation. I do believe good property management can have a massive ripple effect that can change the world and hopefully that all of you get a little bit inspired or excited about that. You are having an impact. You get to make a difference. I am honored that through you my listeners, through our clients that we get to work with, that we’re able to get that message out, and that we’re able to have some small impact in the industry and have a ripple effect. I appreciate Inaas pointing that out. If you are a property management entrepreneur that wants to add doors, make a difference, then please reach out. We’d love to have you and maybe work with you, and see if you’d be a good fit for the type of client that we're looking to work with, and make a difference in this industry. Check us out at doorgrow.com. Until next time everybody, to our mutual growth. Bye everyone.

The Jason Cavness Experience
cavnessHR Podcast - A talk with Keirsten Greggs of TRAP Recruiter, LLC

The Jason Cavness Experience

Play Episode Listen Later Aug 25, 2019 25:34


Keirsten's Social Media!! Twitter: @traprecruiter Facebook: @traprecruiter LinkedIn: @traprecruiter Instagram: @traprecruiter Keirsten's Resources!! One of the things that I offer through Trap Recruiter, LLC is career coaching. I will offer a 20% discount on for say, 10 of your listeners. If they sign up for career coaching sessions. Jason Hello, and welcome to the cavnessHR podcast. I'm your host Jason Cavness. Our guest today i Keirsten Greggs. Keirsten are you ready to be great today Keirsten I am. Jason Keisten is a talent acquisition consultant and career coach. In 2017 she founded Trap Recruiter LLC. A small business committed to bridging the gap between the job seeker and organizations committed to tracking hiring, developing and retaining diverse talent and fostering inclusive, equitable cultures. During her 19 year career, she has implemented creative recruiting strategies for Defense Intelligence, federal and civilian contract portfolio. That accumulated a full range of talent acquisition experience, including full lifecycle recruiting, executive hiring, talent acquisition operations, training, development and delivering. Talent acquisition, Product Management, college recruiting, internal staffing. Always focused on relationship building. she engages with a broader audience via her blog as a guest speaker and as a guest in various podcasts, facilitating workshops and training Keirsten, thank you for being here today. I really appreciate it. Keirsten Thank you for having me. Jason What are you focused on now? Keirsten Right now I do focus primarily on a contract that I have with a company to staff their global trade compliance group. So that is my quote unquote, nine to five job, that will be your regular full lifecycle recruiting. Then I still do some of my independent things on the side. I am grateful and so very thankful that this company is very amenable to my schedule, allowing me to continue to do Trap Recruiter work as long as their good work is completed. Jason A lot of recruiters like have a niche, they only do construction or tech. But it's like you have a broad and general based recruiter. Keirsten Initially, I was a tech recruiter, because I started in 1999. Because of the area that I live in, a lot of companies were popping up and the way that I got into government contracting, was that the company that was one of our customers. They actually did not have a recruiting department. So they brought three of us over to be their internal recruiters instead of paying us that heavy fee that they paid for each hire. So then they just paid us salaries, then it saves them a lot of money. Somehow I transitioned that into the more Intel space, or the Intel portfolios for the companies that I worked for. But again, that work was very broad. It could be in a executive hire, it could be a contracts person, it could be a security person, it could, it could be an IT person or an engineer. So the only difference was, in a lot of cases, I was adding a clearance to the requirements for the jobs I was hiring against. Jason Keirsten, you do both defense and civilian recruiting, correct? Keirsten Yes. Jason So what are some of the differences between the two is one easier or more challenging? Keirsten Defense is definitely more challenging. Again, because you only have so many folks that are not only used to the culture of a defense contractor. Especially, when you're talking about people that are going to be sitting on site at a government site, or at a military installation. So that is a little bit more difficult when you add the caveat that they not only have to know the programs, and the little nuances of the culture, but they also have to have a security clearance Jason Can you explain your passion for recruiting? Keirsten I love helping people, there is a wonderful feeling that you get when you help someone get a job. I know what it's like to be unemployed. I didn't at the time that I started recruiting. I thought it was going to be more like a sales type of thing. I had this idea, the same that I think we see on memes now where you know, it's like what people think I do. It's like this lavish lifestyle, we're on boats, and yachts drinking champagne, and that's not really it. We really are doing work. So I had this idea of what it was going to be like to be a technical recruiter. But the more I got into the actual strategy of it, being a relationship builder, building trust, helping people get a job. Creating the organizational culture with the people that I was hiring, making sure I was hiring the best talent that we could. That's what really, you know, drives me and gets me excited every single day, Jason What do most job candidates get wrong about working with a recruiter, Keirsten Sometimes they can be a little bit abusive. Sometimes, if recruiters don't set boundaries, or if they try to be everything to everyone, and that's not just the candidates, but the hiring managers, or the customers that they're supporting, recruiters can sometimes get burned out. They think that we don't have anything else to do but attend to them. Jason So some of them are expecting 24, seven access to you and that's not a reality, that's not realistic. Keirsten It's not realistic, and I do my best, as I've gotten older and more mature to really be the one that sets those boundaries and cuts the lines of communication after a certain time. Because people will try to have access to you 100%. Especially, now you can email me which used to be the only way where you could call me and then we have cell phones. So you can call me on my cell phone, you can call me at work, you can text me, you can email me. Now you can reach out to me on social media and tell everybody in the world that I did not respond to you in a manner that you know, as timely as you would like. Now you've embarrassed me, and you probably talked yourself out of a job because maybe I was busy. I just didn't get to you yet. Or maybe your timeline wasn't my timeline. There's a lot of ways that a recruiter has to be very, very aware of how they are managing their time and the people that have access to it. Jason I have to think if a candidate has a recruiter on their side, that's really the best thing for them. Because everyone will change jobs eventually. If you have a recruiter on your side. They call you and say, I'm probably leaving my job in six months. That has to be a value add for that person, I would think. Keirsten It definitely is. I think the biggest challenge that I have, from speaking in general terms. There are always those one offs, but it's with the people that know me personally, and my family is the ones that take the most advantage. Because I get crazy requests of things to do because I have certain accesses to stuff and I'm just like, no, that's not appropriate. Like, don't ask me to do that. I'm not doing that for you. Or, you know what, I don't have time to do that right now. Because I do actually have a job that makes me do the things that you're asking me to do. Jason Keirsten how often is it that a hiring manager gives you a job to fill. You send them some candidates based on the requirements and then the hiring manager says that they are changing the requirements. How often does that happen? Keirsten A lot. It happens a lot in organizations that are new, and I'm working in an organization as 100% new. I was actually hired to staff the organization completely. That group of people I should say because it is a large company, but this group is new. So there is not a lot of confidence in what they need. Because there's no precedent already set and the things that went wrong with the previous group there. I think they're far too focused on not repeating those mistakes. That they're not really looking at what went right and what can we replicate? How can we move things forward quickly. So it happens to me, unfortunately, a great deal where I'm revising things. I'm redoing things, most of the time, it's because of the level of the position that they described. They put out one thing, and I think they want it to get away lot of responses, or see what they get back. There's a lot of that, what will I get back, they cast a wider net, and then they start to draw it in. When we do find the right person, we end up having to do a lot of administrative work in the background to correct the level of the position. It is one of my pet peeves in recruiting because you don't level people, I feel like you level up level positions. Jason Most of the companies that start off hire the people they know. But that person probably isn't the best person to do marketing and they usually hire people that look like them. Keirsten Yes. Jason How do you convince people that maybe your best buds not the best marketing person. Maybe look for other people who don't look like you. How do you convince people to do that? Keirsten It's not easy. We talk a great deal about diversity, inclusion, and equity today, every single day. I have added. I believe in deliberate diversity, I believe in intentional inclusion. I think a lot of people are deliberate in wanting to have a diverse workforce. They're intentional in going to diversity, job fairs, or reaching out to veteran organizations or going to different conferences. Bringing in interns every summer. So they're intentional, but they don't empower and allow for equity to come into the organization. So that's why they lose a number of their diversity hires Whey can't retain diversity hires at the rate that they would like, and why the workforce remains, you know, very, very, very, for lack of a better term. Vanilla. Jason Tell us something about owning your own business that you did not expect. Keirsten I did not expect to do so much work that has nothing to do with recruiting. I have always been adamant that I did not want to be branded as a recruiting agency. But there are so many things that go into owning a business, but I just was not prepared for and I just was not ready for. Jason So from your point of view, what makes someone a great recruiter? Keirsten Number one, I think passion for recruiting, you really have to, to love it, you have to have a very thick skin. You have to be able to change your course very quickly. You're not going to be able to follow a script every single day. You're not going to be able to be a to z one to 10 methodical, methodical every single day. You are going to have to change your priorities over and over and over again. If you can become okay with that, with having multiple personality disorder and OCD pressed upon you, then you're going to be a great recruiter. Jason Keirsten how often or what percentage do people ask you to do something unethical? or illegal? How often does that happen? As a recruiter. Keirsten I don't get those because I come from an environment that was highly bureaucratic. Where we did have to follow a lot of rules. Sometimes I felt like there was a lot of self imposed governance that I myself was trying to get away from. Trying to get around to make my life a little bit easier, not that I was doing anything unethical or illegal. But I think some of the controls that we put into the process can sometimes make things more difficult than they should be. I don't get any outright blatant requests to do something illegal. If I get something that is unethical or that it's out of compliance, I'll say that is probably the word that I will use. If I get something that that's not compliant, we'll make it compliant. If at all possible, for example, we know that we want to hire Joe Smith for this role. But our policies and procedures say that we have to interview three people. So we interview three other people and we do that. But I'm also the one that's trying to make people be aware that no, I didn't give you just three people that I know you weren't going to hire. I gave people that could either build the pipeline or them may knock Joe Smith, out of the running for this position. I'm going to do my due diligence. So I don't allow any, anyone any organization to put me in a situation where I don't feel like I'm being morally sound. Now, I won't do that. Jason So from my point of view, I think it's easier to find a job nowadays. The reason because before when I was coming up, it was newspaper ads? But nowadays you can go to the website. Companies advertise jobs on Twitter, Snapchat, Instagram. There are all these places people can find jobs. So do you think it is easier or harder for people to find jobs now? Keirsten I think it's easier for people to get connected to companies. But it's not necessarily easy to fill the jobs. But if we're not filling them with the right people. I think it's, it's up to the organization's to make sure that we are doing enough to say what kind of workforce we're going to want in the future, not just for today. Jason Keirsten in your time in recruiting? What have you seen the candidates consistently do wrong? Then what do you do when you see the companies do wrong when trying to fill those jobs? Keirsten Candidates, I think they sometimes for me, they oversell just because of the industry that I'm in. I think they oversell themselves. They put too much on the organization in terms of what they're going to do for them. I think organizations are a little bit naive in the sense that they don't think that employees will ever leave them or that the employee needs them. So they're like you need I think that's the change that's happened in the workforce completely is that it's no more of what can you do for me, it's what can I do for you? Jason I mean, at will works both ways, right? Keirsten It does. Jason Can you talk a little bit how recruiters are paid? Keirsten Well, I have been a corporate recruiter most of my life, so I was paid like an employee. You get bonuses for meeting goals. There are third party recruiters that can be retained for specific roles. They would get a percentage of the higher salary paid by the organization. There are recruiters that get paid by job seekers to help them find a job who actually go out and look for jobs for them. There are recruiters who are on retainer who make a monthly or quarterly amount for supporting an organization and giving them candidates across different positions. Then there are recruiters who help people who supply contingent workers or temporary workers. They get paid a percentage of a person's bill rate, they get a bill rate, and they end that company pays the employee, Jason I'm guessing the best method depends on the recruiter and another variables. Keirsten It depends on number one the position. So there's an abundance, you will always have work filling, manual labor jobs. There's a lot of those, and it helps the organization and it helps, those third party recruiters stay employed to hire their people on a temporary basis. Especially, when you don't have an organization that's very competent in their hiring practices. It's better to do that, that temp to perm type of deal. So that you get to try and buy before you commit to the person. Those companies are the ones that are doing the work for you. So you again, they are they're keeping a pipeline. If Joe Smith doesn't work out, then they can send Amy Jones. Jason Keirsten, I understand you have something for our listeners today. Keirsten Yes. So one of the things that I offer through Trap Recruiter, LLC is career coaching. I will offer a 20% discount on for say, 10 of your listeners. If they sign up for career coaching sessions. Jason Keirsten, can you share your social media with us so people can reach out to you? Keirsten I can be found everywhere. Twitter, LinkedIn, Instagram, Facebook. Did I miss any? @traprecruiter Jason For our listeners will have the links her gift offer and her social media links at www.cavnessHRblog.com Keirsten we are coming to the end of our talk. Can you provide our listeners any last minute advice on any subject you want to cover? Keirsten For recruiters, I want to encourage all of us to please just be good people. We are the ones who are creating the culture and organizations. If we aren't doing our due diligence and bringing in the best people and doing good hiring practices. Then we are going to continue to have trash garbage companies like we have now. So let's just be better people. Let's not continue bad behaviors that we see all over an let's try and change the perception of what a recruiter is. Jason Keirsten, thank for your time today. I really appreciate it. You have done a lot of great things for everyone. Thank you very much. Keirsten Thank you. Jason To our listeners. Thank you for your time as well and remember to be great every day. Be sure to connect with us on LinkedIn, Facebook, Twitter, Snapchat, Instagram, Twitch, YouTube and TikTok at cavnessHR. Also check out our weekly live streams at the cavnessHR Facebook, Twitch, YouTube and Periscope, where we focus each week on an entire topic important for small business. Every Wednesday at 9 am PST. To join our weekly HR email newsletter list. Send us an email to jasoncavness@cavness.com Thank you and remember to be great every day. See acast.com/privacy for privacy and opt-out information.

#DoorGrowShow - Property Management Growth
DGS 86: Utilizing Remote Assistants with Gwenn Aspen

#DoorGrowShow - Property Management Growth

Play Episode Listen Later Jul 9, 2019 55:07


Today, I am talking to Gwenn Aspen of Anequim, which offers remote assistant, Rent Manager call center, and Rent Manager software consulting services. Also, Gwenn and her husband, Jeremy, own the Wistar Group, a property management company. You’ll Learn... [04:40] How helping a friend, helped property management companies hire employees. [05:20] Currently, 150 employees in Mexico work remotely for property management companies in the United States and Canada. [06:25] Connections and Relationships: Life is all about taking care of and looking out for those you know and love. [06:50] Internal References and Cultural Differences: Holding each other accountable results in low turnover/high retention. [08:20] Managers Managing Remotely: If you manage someone who works remotely, get to know them as a human being. [10:51] Webcam: Teams founded on trust and transparency should be seen and heard. [14:50] For better or worse, Anequim and Wistar Group are unique and original company names that could be patented to prevent being sued. [16:45] Finding a Good Fit: Anequim helps potential clients identify things that they don’t like to do and give them to someone who does. [20:51] Time vs. Energy: Avoid burnout by identifying what fills or drains your energy. [22:20] Onboarding Training: Includes four ways to not die in property management. [26:12] Vetting Team Members: Extensive process of selecting candidates for clients. [29:47] Working in Mexico: No background checks possible or databases available. [34:09] Progress, not Perfection: Help property managers move forward and feel confident in making a commitment. [38:21] Anequim Structure: Assistants, solution agents, and others handle 1,200 units. [42:36] Every business needs systems: Planning, process, documentation, and communication. Tweetables Power of the Webcam with Virtual Teams: Just be there, and be seen. Time and Attention: A manager’s most important resources; use them wisely. Word to the Wise: Keep your clothes on when training employees. Our job is to make sure people are happy with their candidates. Resources Anequim Gwenn Aspen on Facebook Gwenn Aspen’s Email Wistar Group DGS 76: Outsourcing Rules for Small, Medium and Large Companies with Todd Breen of VirtuallyinCredible First, Break All the Rules: What the World's Greatest Managers Do Differently Zoom Myers–Briggs Type Indicator Fair Housing Act Americans with Disabilities Act Culture Index Traction by Gino Wickman SweetProcess Process Street Basecamp Help Scout Intercom Management Time: Who's Got the Monkey? DoorGrowClub Facebook Group DoorGrowLive DoorGrow on YouTube DoorGrow Website Score Quiz Transcript Jason: Welcome, DoorGrow hackers to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they’re crazy for not because you realize that property management is the ultimate high-trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I’m your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let’s get into the show. Today's guest, I'm hanging out with the fabulous Gwenn Aspen of Anequim. Gwenn, welcome to the show. Gwenn: Oh my gosh, thank you so much for having me. I'm so excited to be here. Jason: I'm excited to have you. It's really fun hanging out with you in the green room and you were showing me your nerd glasses. Gwenn: That I carry around with me everywhere I go because there's always a need. They’re literally nerd glasses, you guys. They're from Hobby Lobby, I got them for an event I had to go to because we were revenge of the nerds and I bring them everywhere because that's how nerdy I really am. But we can have fun too, we can be fun nerds. Right, Jason? Jason: Yes. Maybe. It's probably possible. A lot of people think I wear all these weird, different glasses especially the orange ones. People notice I wear this orange glasses and they always come up to me and they think I'm trying to be so cool. Their like, "Why are you wearing this glasses? Are you trying to be Bono?" Which is funny because Bono wears them to block blue light, right? He's not wearing them just to be cool but he is cool. Way cooler than me. Then I go into this diatribe of why I wear them and how they block blue light and how it helps set my biorhythm patterns, helps me get good sleep, and then they’re just sorry they asked. Gwenn: Well, that's what’s in your nerd shows Jason. Jason: And then they realized they are nerd glasses, so they realize I'm a nerd. Gwenn: Yes, because they bring out your inner nerd when you wear them and people ask about them. Jason: Yeah. So, I got some less orange ones. This are my nerd glasses. This make me look a little bit smarter. Gwenn: I think they look good. I like them a lot. Jason: They're a little yellow to them but I don't have the tape. I have to get the tape and maybe add the tape at some point just to look more nerdy. Alright Gwenn, let's get into this. Give us a little bit background, so you run this company doing remote assistance from Mexico and you said they're not virtual assistance because they're not robots, right? Gwenn: Right. No. They're not. Jason: You manage Rent Manager, the property management back office. You manage Rent Manager's call center, so you have a call center for Rent Manager people. Gwenn: We do. Jason: Then you also have Wistar Group which is a property management company in Omaha, Nebraska. Gwenn: Yes. That's all true. My husband and I started Wistar Group back in 2006 so we've been doing this for a long time. In 2008, a friend of his called him from Mexico because he lived in Mexico before I knew him for five years doing something totally different, transportation and logistics. The friend called and she said, "You think the economy is bad in the United States? Well, you should come down to Mexico. Things are really bad down here and I lost my job. Is there any way I could work for you in some capacity from home?" Because it wasn't only about the economy, but it was pretty dangerous at that time and my husband is the most loyal person you'll ever meet, for better or worse. That's right when VoIP phones came out so we sent one down to her, we figured how to make it work and she started answering the calls for Wistar Group—at that time, it was called Certified Property Management. She's taking the calls and it works awesome. We love it. She loves it. It's great. Then we just started, as we grew, hiring all her friends for all the other jobs that we had. We just operated like that because it works for us for many years and then in 2016, our friends from Boutique Property Management in Denver, we were hanging out with them and they're like, "Hey, this Mexico thing is working out great for you guys. Can you hook us up with people from Mexico?" I was like, "Sure." Then I got them some employees from Mexico and they loved it. My husband and I were like, "Maybe we can help more property managers with this," and so it grown like wildfire since then and now we have almost 150 employees in Mexico working for property management companies across the U.S. and Canada. It's just a win-win for everyone and it's just so exciting and I love my job so much. Jason: Okay, great. This sounds very similar to [inaudible 00:05: 37] who we had in the show except they do the thing in the Philippines. It sounds like a very similar sort of etymology or story behind how you got into this and it really was filling your own need and starting by helping a friend and it grew into helping all these different property managers. That's the interesting thing I've heard from those that have Mexican staff is that they hire one and all of a sudden, all their family and friends start becoming team members too. Gwenn: Yeah. Jason: That must be a culturally different thing, I think with Mexico versus the Philippines. I think they are both very family-oriented, but I think there's something about Mexico that they're like, "Hey, hire my brother." Or, "Hire this family member," and they're connecting people. Gwenn: Oh my gosh. Yeah, the connections that they have, don't we all love that? Isn't that what life is all about? Is connections and taking care of the people that you love, that you know. It's just yet another thing to love about all the people I know in Mexico, is just how much they care for one another and have each other's back and then also hold each other accountable. That's the other things are that we grow a lot through internal references from one employee to another. If someone has a problem and they were the one who referred them, man. They hear it from the other employee. I mean there are that many cultural differences, but that's been a fun one. It really ends up keeping the turnover really low because they are happy, our employees work from home, and they love it, that's a huge advantage. They have this great connection with each other and we have Christmas parties. We're going to have a summer picnic with everybody. It's added a lot of richness to my life, just getting to know the employees as well. Jason: I was going to bring that up. A while back, I read a book called First, Break All the Rules. I believed it's pulled up by the Gallup Organizations that does the pulling. They did a whole bunch of surveying companies trying to figure out what makes a really good team and what creates retention with the team. One of the number one indicators of retention whether somebody was going to stay in the company was whether they have a friend in the business or somebody they are connected to personally on the team. So, that makes a lot of sense. It increases retention, significantly. Gwenn: I would say that's our job. If we’re going to hire someone remotely, if we’re the managers of this person, it's imperative that you get to know them as a human being to get that retention and to get that buy-in and to get them on your same mission going in the same direction. I feel like I know you much better right now just because we are in a Zoom Conference and that doing what with cam... Jason: Now, we're totally homies because we are in Zoom. Gwenn: Yeah, now we’re homies and we have the nerd glasses together, I mean. Those little things add to the relationship so if you make a point, I only communicate with people from Mexico using webcam because we have this amazing connection then and we feel like we know each other better. If you use a webcam, I swear it makes all the difference and getting buy-in from a remote employee. Jason: I absolutely agree. I've done a lot of remote hiring in the past and there's a huge difference, but it got to a point where eventually, I have a policy in our company called the Webcam Policy and everyone is required to have a webcam to be on the team and to communicate and show up and turn on the camera when we do meetings because it ended up being, at one point I remember showing up having team meetings and there's 5-10 people without their webcams on and there's just me putting on the show. Gwenn: I love that. I don't have an official policy, but not that you said it, I'm adding it. But I also have another employee from a totally different industry, he did a lot in banking and he was told to never have his webcam on. It was such a cultural dissonance when he came on the team because we were like, "Put your camera on. I can't see you. I don't know what you're doing. I need to see you." It was hard for him. It's good if you're somebody who requires webcams and state it at the beginning because some people, it takes them a while to get used to it. Jason: Yeah. It is a part of my onboarding process that they have to review the webcam policy and read it. Do you want me to tell you some of it here? Gwenn: Yeah. I think it's so important because whether you do remote employees from Mexico, whether you have someone in the Midwest, you know a lot of people hire people from rural Nebraska to work for their company because it's a lot less expensive. Jason: Alright. I'm going to share an internal secret here. Gwenn: Understanding the power of a webcam is crucial for the relationship working in my opinion. Jason: Alright. Here's our webcam policy for those listening. We are a team founded on the values of trust and transparency. It is important in a virtual team to be able to see one another on our virtual meetings since we often can't meet directly in person. As a team, we don't care about your hair, makeup, clothes, etc.during internal meetings. Just be there. Not having a webcam during internal meetings can feel like talking with someone behind a reflective window. It causes humans to try to assume and guess too much because they lack nonverbal cues we have evolved to rely on. Why address this? And then in bullets: to promote an environment of trust and transparency, to improve the efficiency of company communications and shorten meetings by effectively communicating with the full spectrum of verbal facial expressions and nonverbal cues, to reduce multitasking, right? Because they [...], they're like, "Oh yeah. I'm listening." Gwenn: Right. Totally. Jason: To reduce the anxiety of those speaking on camera, and then having the expectation. It is expected that all team members will join OpenPotion, that's our corporation, virtual meetings on video in order to fully engage in team and one-on-one meetings, this promotes collaboration on multiple levels and it allows each individual to feel heard as they see and receive nonverbal cues from their peers. This also increases productivity and reduces anxiety as ideas are better understood when they're coupled with facial expressions, gestures, and other forms of nonverbal communication. When meeting with clients, we appreciate you doing your best to make yourself and your background presentable, but that is not required. We just want you fully present and visible. Then I have a quote and it says, "The most important thing in communication is hearing what isn't said," Peter Drucker. Gwenn: Oh, I love it. I love it although I would push back on the not caring what you look like because I've had people show up, not very often, but I had a guy and he looked like he'd just been to the club, and just rolled out of bed, and I was like, "Man." Also, you have to know your audience. We have a screenshot and keystroke that we record of everyone that's working for us while they're working not when they're not. We had one guy who was at a webcam conference and he had his hat sideways and my assistant was like, "Is that okay?" If you live in California that might be okay, but if you're with an older team in Omaha and you have your cap on sideways, it just might not work. I was like, "No. They're in California. It's totally fine." She was like, "Oh, okay." You have got to know your audience, better know your audience. Jason: I think it all boils down to what the entrepreneur wants though too. Before the call, I'd ask you what your Myers-Briggs Type was and you're an ENTJ, so you've got that J in the end. Gwenn: So, I’m Judgy? That means I'm judgy, right? Jason: Yeah. You're judgy which means you're a planner. You want things done a certain way. This details matter to you. I'm a P so I'm all over the place. I'm a bit more open-minded and I love taking you Js and cracking you open a little bit to expose you to some things you weren't exposed to before. Gwenn: I need people like you in my life too because I can't be too in the box. It's so nice to have that fresh [...]. Jason: J from the box for sure. Ps have no box and Js look at us like we're crazy. Some of the Ps that are perceiving, that's what the P stands for, they will take in things from all different sources, all different ideas, and to most Js, that's being so open-minded, their brain is falling out. It's how Js kind of view us sometimes but we need each other. All these other different types. I definitely need Js on my team to run my email, handle my calendar, do all the planning stuff that is not fun for me. You do this virtual team thing, how does somebody start with you if they come to you and they're like, "Hey, Anequim." First, where did that name came from? What does this name mean? Gwenn: I'm going to give you the real answer. We used to be a certified property management and then [...] wanted to sue us because they were like, "We have a certified property manager distinction," or whatever. Jason: Designation. Gwenn: Designation. We were like, “Well, we wanted to rebrand anyway,” because we started from nothing and took any piece of garbage that had a roof on it and then as time went on we became more sophisticated, and wanted to take out nicer properties, but in the local market, we were the low end. We already were going to rebrand, but we didn't want to get sued or threatened of a lawsuit again, so we were like, "We have to have something that's totally unique." Well, it's very hard you guys. It's so hard to find something completely unique. My husband's a pilot for fun and so he loves this airplane called Anequim and it means mako shark in Portuguese, anyway that was like a word we could use that was unique. We got Anequim and then Wistar Group. Wistar is my middle name and they were unique enough that my best friend who is a patent attorney approved them. For better or worse we're Anequim and Wistar Group. Jason: There you go. Alright. Portuguese mako shark. Gwenn: It's also an airplane. Jason: Which has nothing to do with Mexico whatsoever. They don't even speak Spanish. Gwenn: But I'm not going to get sued for it, so you know. Jason: No, it's perfect. It's a unique and original name which is helpful in branding, right? Okay, cool. Now, how does somebody get started with you guys. Somebody comes to you and say, "Hey, I’ve got a problem." How do you know that you can help them? Because I'm sure there are clients that you don't take on and there are clients that aren’t a good fit. Gwenn: There are. In fact, there were two clients yesterday that called me and I was like, "You know what? I think you guys just need to wait for a minute." And that is my thing. We don't sell. We try to make a relationship because if I sell you and then it doesn't work for you, then it creates a lot of heartache and drama for me because I want the person in Mexico to be happy and I want the person in the United States to be happy. What happened yesterday was, this one guy was buying another company, and they already had two employees there, but he hadn't really worked with them yet. I was like, "Hmm." He was going to be managing 400 properties. I felt like his people count was good enough for 400 properties, so I said, "Just take on these two new people. Measure processes and procedures together, make sure it works, and then when you get a handle on them then call me." He was like, "Okay. That's a better idea. That's what I'm going to do." If you call me and it's not going to work for you, I might tell you to do a few things first. Then the other guy called me and I thought again that his head count was already too high. I thought you could make more efficiencies in his software because a lot of people only use 5% of the software that they have purchased. If you have five really expensive employees and 400 units, I kind of think you should work on being more efficient first with your software and then call me. Jason: Yeah, right. Gwenn: Unless, you’re going to transition things—but these were obviously, longer conversations, I'm giving you the shortened versions—so if someone calls me and they're like, "No. I need somebody. I'm working my butt off and I need some relief." Then we'll talk about a job description first because I need to find the right person for this role. I need to know what kind of tasks you want. For instance, if you want someone to be doing a lot of cold calling then that's going to be a different person than someone's who's going to be helping you associate the right invoices with the right property and the right owner, right? We have to make sure we have a good job description. Also, your training is going to be better, it’s going to be a smoother onboarding process if you are really clear about what your needs are. Now, a lot of people will call me and they are just overwhelmed and they'll just be like, "I need a personal assistant." A lot of the times I push back on the personal assistant and I say, "Why do you need a personal assistant?" And they'll be like, "I just hate taking the phone calls. " I say, "Okay. Well, let's find someone to take your phone calls." Really, if you want a personal assistant because you are overwhelmed, think about the things that you hate doing that don't bring you joy, that don't fill you up, and let's give those to someone who's a better fit for those roles, that loves doing those things. Usually, it starts with a conversation about what the pain point is and what people really need, who they already have in their team, and what software they are using. We come up with a plan that would actually help them get what they want. That's kind of my goal. It maybe me, it may not be me, but my goal because I come from the property management world is just to prevent burnout from whoever's calling me. Whatever that looks like. Jason: Yeah, so you're helping them a little bit “KonMari” their time, right? Gwenn: Yes. Jason: And you we're talking about that before. Gwenn: Oh my gosh. Well, I love that. Maybe I should use that, but you have so many things that you have to do. Some people are coaches and that's really important to them, their property managers, and their families. Your time and attention are two of your most important resources and everyone on your team needs you to be using those wisely if you’re the one steering the boat. Jason: Yeah. I'm a big fan or proponent of energy management over time management... Gwenn: Yes. Jason: ...and really identifying what energies you as an entrepreneur versus what drains you because we really afford doing the things that energizes us, we have an endless amount of energy. Like our life and our businesses fills us but if we are doing things that drain us, burnout sets in and it's inevitable, it becomes really difficult. I think it's really important for people to pay attention to their time and what really is giving them momentum. I tell property managers all the time, “Anything that's been sitting on your to-do list for more than a few weeks, you're probably not the person that should be doing it. Let's be honest.” Gwenn: Right. Absolutely. There are people like, you and I we are just talking about how our personalities are different. Find someone who you like working with. Who you enjoy spending time with because it isn't actually an employee essentially just living far away that compliments you and can do the things that you struggle doing. Our role is to help people do that and we also train them on the first day so I have very high anxiety. I take care of things that make me anxious. I always go over the four ways people can die in property management on the first day, carbon monoxide poisoning, natural gas explosion, fire, and a technician being mistaken as an intruder and getting shot, and the importance of asking permission to enter. Those are four things we go over, which is really funny because when we turn over the training to the client, my assistant will always be like, "So, what did you learn in training?" And they're like, "How not to die in property management." The clients are like, "What?" I mean, I told them that we were going to talk about that with the agents but people forget and they're caught off guard. Jason: Four ways to die. Gwenn: Four ways to die, but those are really, really important and it really does happen. And our industry, there's been a number of deaths that we're all aware of, and so it's really important whether you're going to hire someone remotely or not to really discuss what bad things can happen, and how to make sure they don't happen in on-boarding training. The other thing we cover is Fair Housing and American Disabilities Act. That really should be trained every year if that's not on people's schedules for training. Domestically, I don't do this with the remotes, but domestically at our property management company, the other one is sexual harassment prevention training. We have a 70-year-old sales guy and then we have a 21-year-old front office lady. When you have multi-generational employees especially what they think is appropriate is totally different. It's important to discuss that because people aren't trying to be jerks, and they're not trying to be bad people, and they're not trying to offend anyone, it's just that what was totally appropriate in 1950 to talk about in the workplace is different. Also, on the 21-year-old side. I mean, 21-year-old sometimes think everyone's their best friend and they’re hanging out at the bar and it's not true. Having that conversation at the beginning of a relationship with any employee is important. Jason: Okay. Fair Housing and Disabilities Act, sexual harassment training, and four ways to die in property management. Gwenn: Yeah. If you're going to be using webcam, here's another thing. I did have a client who thought that it's totally appropriate to train his new employee without any clothes on, so a word to the wise, keep your clothes on if you are going to be training somebody. People, sometimes just don't know, they just don't know. I'm sure it was hot, it was summer, maybe went out to the pool and came back. It was really not okay. It's another thing to keep in mind. Jason: Policies improve overtime. You know there's something interesting if my webcam policies say, "Don't be naked." It doesn't say that yet. We haven't had that come up yet, but if it does happen, we'll definitely have that in. Gwenn: Yeah. Jason: Yeah. Gwenn: I mean, I had no idea that's going to be an issue but... Jason: Right. You never know until it happens. I think that's how all of the property management contracts evolved over time. Like, "Oh, this one's a weird new situation. Let's avoid that in the future and write that into our contract." Gwenn: Right. Jason: Okay. Somebody comes to you, you start them with some of these things, how are you vetting these Mexican employees, these team members? What are some of the things you go through to ensure that you're getting a good match, you're finding somebody who's really a good fit for a position? Help those that are listening feel safer using Anequim to find them a team member. Gwenn: Sure. The first thing is that they have to fill out an application and upload a video of themselves speaking in English about their hobbies. You find out a lot about people when they think it's appropriate in a video to say about their hobbies and how good their English level is. It also demonstrates that they have some technological ability because they have to upload a video. Jason: Right. Gwenn: We get rid of a lot of applicants right there. If they make it through those two steps, then we have them take a personality test. We use the Culture Index, and the Culture Index indicates whether people have detail orientation or not. Generally speaking, unless I'm hiring for marketing position or outside sales or something, we are going to need detail orientation. We look for that. There are few personality types that we just don't hire at all and we also have a logic-emotional continuum. Anyone who's really low on logic also not pass to the next level. After that if the make it there then they do an initial interview and it's a pretty tough interview. Ensures they have the qualifications and the seriousness that we are looking for. Generally, the pool of candidates that we are looking for have worked previously for a large corporation. So, in the towns where we primarily source our candidates, they work for Nissan or GE or Hewlett-Packard or TATA Consulting, and there's some really big names where they've already one through a lot of the training that you wouldn't need to train a brand new person on. But they've already been through it so they know how to talk on the phone, they know how to deal with conflict in a professional manner, and they know how to write an email. We do benefit from all that corporate training many of our folks have already been through. Jason: Okay. Gwenn: If they make it through the interview then we are going to start calling their references and just make sure those show up well. After that, our clients, if they've made it through all the interviews, we’ve decided this person is worth this amount of money. We have a paying scale based on education level, work experience and we know what kind of job they would fit into then we match them with our clients we have who are looking. The clients get to look at three different candidates, and see if this is a cultural fit for them and if this is someone that's going to work on their team, and that they're going to feel comfortable with on a day to day basis. We always do the interviews in threes. Hopefully, we do our job well enough on the first three know exactly who we want, but if you want to do another round, our job is to make sure people are happy with their candidates. The one negative about working in Mexico—and this is going to be with a lot of the country that you would source from—background checks, it's not the same, there's no government database and even if there was it probably won't be accurate in the way that you and I would expect, so there's no background check policy or way to even do that if you wanted to. We rely a lot on internal references and those networks or people want to give us their best friend and then they internally hold them accountable as well. Jason: Yeah. Gwenn: We haven't had any issues with it, but I would suggest with anyone working remotely, you manage your privileges and your software. Rent Manager allows me to obscure social security numbers, credit card numbers, and we have a policy that nobody working from home has access to those, and you have to be in the office if you are going to be taking credit cards or looking at social security numbers. If you have good tight privileges, you don't really have much to worry about by hiring someone remote, and it's just a good policy anyway. Jason: Yeah. Alright. That is kind of the match making process. Gwen: Mmm-hmm. Jason: Then once they pick a candidate, what's the transition like this on the onboarding sort of process and how far does Anequim gets involved? Because I know some property managers are not probably used to having a virtual team member, they are probably going to make some mistakes, they might just say, "Hey, this virtual stuff doesn't work. I don't get it." How do you ensure that the transition is going to be healthy? Gwenn: First of all, we try to get a good plan on before we even get to that place. We have documents on ideal first two weeks of training and talk to them about what that process looks like, talk to them about technology, what kind of phones do you use. We recommend that you listen to calls if you're going to have someone who's the face of your company, and you're not going to be able to overhear them when you walk in the office. Here's a form on monitoring calls and here's the portal so you can see their screenshot and their keystrokes. We try to do all of that before the commitment takes place. Talk about what that looks like, so that when the commitment like, "Yes. I want to move forward," happens they've seen in their minds, "I kind of have an idea what this looks like." We don't want for either the client or the agent to get to a place where it's the first day and they just look at each other in webcam and go, "Okay, what do I do now?" We try to avoid that situation as much as possible, which is why we’re not trying to hard sell anyone. We want someone to be committed to the process and feel somewhat confident. Obviously, you're going to be a little bit nervous if you've never done this before, but that's why we are here to hold your hand, and give you that documentation and talk you through it so that you feel more confident before it actually happens. But then, on the handover meeting you're going to get all of them setup on their computers. You're going to get them to know everybody on your office, taking the laptop around and you're going to say, "Tell us something that people don't know about you." Or, "What are you grateful for today?" You know, a little icebreaker and then you'll get into the tasks. The great thing about working with Mexico is that they're on your time zone. Do you have to be perfect? Do you have to have the perfect documentation? No. Because like any other employee that you hire, you can just say, "Okay. I'm going to show you how to do this." They know it should be written down but it's not, "But you're going to help me write it down because I never had time to do this before. Here's the software where were writing it down. Here's how you're going to get a screenshot using Snagit. I'm going to video record myself going through this process and then make it a pretty process for me and then when it's done and it's all pretty, then you're going to do it." That's possible. Some people are further along in their processes and procedures than others, but by no means you have to have things perfect to move forward to the remote assistance. Jason: Yeah. The Myers-Briggs people with Js a lot of times get really caught up to being perfect before they move forward. They're like, " I have to have every process documented before I could grow my business." Gwenn: No, that's not the real world. I would say progress not perfection, right? I mean, you have to move forward. I'm reading this great book called the Billionaire Coach or the Trillionaire Coach, I think is what’s it called. It's really good. It's on my audible right now. But the guy is like, "Okay. Once you have things down, you have to go, and you have to go fast." I think that sometimes the people who are really into perfection lose sight of go, go fast, so it's always that balancing act. If you're not good at processes and procedures then hire someone to help you do that and just show them on in a video and say, " Okay, for the next three hours you're going to write this down. Okay? Then I'll check in on you in three hours and see how you're doing." Jason: Yeah. Gwenn: That's totally okay. Jason: I like that. Progress over perfection, so what I teach clients is, "Done is better than perfect." It's very similar. Gwenn: It is. Jason: Done is better than perfect. Get it done, you can always redo it later. You can make it better the second time around but having something is better than not having it. The other thing that I'll throw out there, sometimes is that perfect businesses are out of business. So, don't try to make everything so perfect before you move forward. It's the businesses that fail, that make mistakes, that rapidly prototype, that try stuff out and see what doesn't work, they're the ones that move forward faster. Gwenn: And when you have that hard day where things really did fall apart then just go back to the values. Like, "Okay, it fell apart, but I'm suring it up as a value, as a person with values. So, what does that look like?" If you have your values strong and you’re connected to them then when you mess up, if you just go back to that, you'll be fine. Jason: Right. Gwenn: That's how I look at it at least. Jason: That's the foundation. Gwenn: Yeah. Jason: A really strong why and set of values for the business. That's what creates culture in a company. Well, cool. What are some of the questions that property managers ask you that I haven't asked yet? Some of the frequently asked questions, concerns, considerations. Gwenn: The main thing is the role. People are just like, "Okay, everyone's doing VA and I know I should be doing it because I'm just supposed to be more profitable than I am right now, but where the heck do I get started?" Usually, when people ask that, I just tell them because we've been doing this since 2008, how our company is organized because I do feel like we do remote labor as high of a level as you could. You might structure it slightly differently but just to give people an idea because the thing is in people's minds and eyes, they remember virtual assistance. They think, "I need my processes to be perfect. This is someone who can only do route activities, can't think outside the box." All of that is not true. These people from Mexico, can be, if we hire for it, highly educated. We even have some professors on the team. We have some attorneys on the team. Highly-educated people who most certainly are capable of thinking outside the box. Guadalajara, where we source a lot of the people, it's the tech capital of Mexico. When I go to the Christmas Party in Guadalajara, people are speaking Spanish, English, French, Portuguese. It's like an international gathering, like any European city that you'll be at or anything like that. Here's how we're structured. We have 1200 units that we manage. We have three customer service people residing in Mexico who take all the front line calls. We actually call them Solutions Agent instead of Customer Service Agents because they're job is to provide solutions. They don't just read from a script, but they can also talk to tenants about their statement and what it means, what's this maintenance service issue, maintenance charge is for, and help people break a lease, give them information about breaking a lease, changing roommates, tell them if they could have a puppy or not. Actually solve problems that give solutions. They also take all the maintenances services issue and troubleshoot. The great thing is that you don't have a PhoneTree when you call into our office. You just get a person which is a really good customer service. Most property management that I call have a PhoneTree and then you still can't get a hold of everybody. Thinking about what the experiences of an owner calling your main line, and what that feels like, maybe important in many of the markets that people are in. Once someone takes their phone call, any elevated issues will go to the assistant property manager. Let's just take a simple thing, it's not even elevated but like a service issue. We’ll go from customer service agent, we'll take everything from the service issue then it goes to what we call the virgin list, the assistant property manager review that—and we have three of those, by the way, one for each property manager has an assistant who's a true assistant—and they look at all the service issues that come in and decide whether our internal maintenance team can handle it or if it needs to go into a vendor. If it needs to go to a vendor then they're in charge of putting a budget on it, and based on the contract, whatever the owner wants, and then signing it to a vendor and then following up on that. If it goes to our internal team, then another woman in Mexico who's the Maintenance Dispatcher decide whose list it goes on out of the 15 maintenance people that we have. Her job is to manage those guys' schedules and make sure they're busy. Make sure they have work and make sure that they're going to a place that makes sense. Then other people that we have is accounting. We have two people in accounting and collections. They don’t just do accounting but they're also are like, "Why is this maintenance guy going to store three times in a day?" He's like actually analyzing the invoices and saying, "This price doesn't make any sense." We have two people there. We have Applications Underwriter who does the applications in Mexico as well and a marketing person in Mexico. I feel like I'm forgetting somebody. I think that's it. Jason: Anything on the sales BDM side? Gwenn: No. My market, we get a lot of business just coming in the door so we don't have a BDM. We have some sales people that are on a commission basis but we don't have an official BDM role. We actually decided not to get one this year which is weird because sales always pay for itself, but when we look at the numbers in our market, it didn't make sense to get someone at that price point. Instead we’re buying a company in another market and growing that way, but that deal's not totally done yet. Jason: Right. Gwenn: Those are the people that we have in Mexico. Internally, we have a front office lady, a leasing agent, operations manager, a maintenance manager, and right now, we only have two property managers. And then my husband runs the company and puts his finger in everything. That's pretty lean for 1200 units, it's pretty a lean shop. Jason: Yeah, that's really lean. Then you have a pretty decent process documentation, I would imagine as well. Gwenn: We use SweetProcess, where we house our processes and procedures and we’re kind of obsessed with it. We use EOS so we’re using the traction book. We've been doing that for 2 ½ years now and love it. That's how we stay organized and set our goals and priorities and make sure that we don't get lost in the day to day task and know where we’re going on a daily basis. Jason: Yeah. I think every business, eventually, as they evolve, they need a planning system which you had mentioned EOS. Every business also needs a process system, some system for documenting process and leveraging these processes. We use Process Tree internally, which works out really well. Gwenn: And I like Process Tree, but it's more expensive than SweetProcess. It depends on what your needs are, but I would recommend looking at both and determining what's better for your organization. But yeah, I like both those systems a lot. Jason: Every business needs some sort of communication system in the business as well. As a team, we use Basecamp as our communication platform to communicate internally, and then you need a client supporting communication system. A lot of people are using Help Scout or Intercom, or one of these knowledge based support systems. There's probably other systems. I'm forgetting off the top of my head, but business really need all these different systems in place. Once you have these systems in place, it facilitates and enables your team to really do well and communicate and understand where the company is headed and get in alignment with your vision and your goals. It's a big deal. Gwenn: Yes. There's a lot to take on, but again, people don't have to be perfect. Jason: Yeah. Gwenn: Because when you say that it's like, "Oh my god, that's so overwhelming." But it doesn't have to. Jason: One thing at a time. Yeah. Gwenn: One thing at a time, Yeah. Jason: Cool. Cool. Gwenn: That's why I like EOS though because it takes that overwhelming. The, "Oh my god we have 10 million things we have to do this year," and it forces you to say, "Okay. How much energy do we really have and what are the priorities out of my list of million things that I'm going to do in these three months?" It actually helps you get more of that done than you would if you just look at the long list. Jason: Yeah. It has an etymology that's very similar to a lot of business planning systems and most every business planning system has annual objectives, quarterly objectives, monthly, and these things break down and the idea is, "How do you eat an elephant? One bite at a time." Gwenn: Right. Jason: It’s like these elephants, you break them down in a 90 day, 30 days, and then even weekly commitments as a team. But a lot of business don't have any sort of planning system in place, so they're hitting zero objectives because they really don't really have any, and there's no clarity around it. They’re just winging it and the entrepreneur's, they're crazy. Entrepreneurs come into the room and says changes every week, "Hey, guys. I got this great idea." And they lob a grenade in the middle of the room, pull the pin and lob this grenade and walk out. They're excited and pumped out and the team are like, "What are we going to do with this thing?" Having those systems in place can be really helpful especially if you have virtual team members because then it makes a lot of difference for everybody to be on the same page. Gwenn: People, historically, have thought like, "Oh, were going to do all these planning and then we'll tell them later what we planned." But I recommend having the virtual team members in on all of those meetings. Jason: Yeah. Gwenn: Here's one tip that has really helped us. We have the three customer service agents. Every morning at 10 o'clock they meet with the Operations Manager and just say, "Oh, this person is out of the office today. They have a dentist appointment at 2:00 PM and it's whoever's birthday. Our swing thought for the day is people can hear you smile. In the call monitoring, I've noticed that there's not been so much smiling on there, so let's keep that in mind for today. Today's contest for online reviews, we’re still giving $50 certificates to anyone who gets an online review." Whatever you have going on and just touching base for 10 minutes a day makes all the difference for someone whose remote. When you have your weekly EOS meeting, include them and what you're talking about. If they feel included in the process and in your mission, people don't leave. We've had the same employees at Wistar Group for six, eight, I think, is it nine years. I think we have two employees who've been with us for nine years. Jason: Yeah. Gwenn: That's the key to getting the virtual or the remote members totally immersed in your culture. Jason: Yeah. They need to be a part of it, ironically, right? Gwenn: Absolutely. Jason: Yeah. I'm a big proponent of making sure that your team members are involved in outcomes instead of being micromanaged. Give them outcomes and let them innovate and you'll be surprised with what they can come up with. It might not be the way you would do it, it might be better. A lot of times, as entrepreneurs, we think we have it all figured out. We need to tell our team members, "Here are the steps. Do this exactly this way." When it comes to goal setting, goals are outcomes. Assign an outcome to somebody, let them own it, and I think you'll be surprised at the results they can create. Getting your team all involved in it, some of those meetings have been really eye opening for me because I had my set of ideas. I thought this is how the whole world looks and then I went around and asked my team members, "Here's this outcome. What ideas you guys have that can do it?" My graphic designer has a totally different idea than I would have. My head of fulfillment has totally different ideas than I would have. They bring this perspective and all these ideas were really good. I'm like, "Yes. We should do that, maybe not that, that one's great." I think you don't want to be the emperor with no clothes running a company. That's how you do that, is by allowing your team members to have a voice and be involved in the process. Gwenn: I love that. Actually, we teach a version of that on the first day of training. Its form this article that you can get on the internet called Who's Got the Monkey. Jason: Okay. Gwen: It's the number one reprinted article from the Harvard Business Review of all time. I only came across it out of massive failure years ago. Where I took my team members out to lunch and I thought they would tell me how much they love their job and they were like, "No! We don't love it. You guys never listen to us." I was like, "What?" They're like, "Yeah. We don't even bring up ideas to you anymore because you are never going to listen to them anyway." I was like, "Oh my god. This is terrible." I found the article on the internet and we came and have a change management process. We asked our team members to own their ideas. The first steps are people come to meeting and say, "Hey, not all ideas are good ideas, but here's my idea." That allows people to save face and be vulnerable and say what they're afraid to say in the meeting. Then they have to bring everything to the meeting—the subsequent meetings—to move the idea forward... Jason: Yeah. Gwenn: ...so that the decision maker can just say yay or nay. Sometimes, there's a little homework on the decision maker’s part, but we try to make it as minimal as possible. I take it from sale, in sales people are always eternally optimistic and they think everything's going to close. My way of determining if it's going to actually close or not is, "Is your name on the prospect’s calendar for another meeting? If it's not, then your deal is dead." Just black and white. Jason: Yeah. Gwenn: If it's not there, you can revive it, but you better get a meeting out there. Same thing with ideas, "If your name in this meeting is not on anyone else's calendar, your idea’s dead." Just know that because when people feel badly about their job, when they get vulnerable, they say it and their manager is like, "Oh, that's a great idea," and then they wait three months and nothing happens to it, that really hurts morale. Giving them the honest, "Hey, it’s not moving forward if there's not a meeting" Jason: Yeah. Gwenn: And having them own that helps give them agency over their idea. Jason: Yeah, I love it. Cool. Let's wrap this up, Gwenn. I think this has been really helpful. I think we talked about some really cool ideas. I think, hopefully, some listeners are a little bit more open to having some team members that are not sitting in their physical office. How can people get in touch with you if they are interested in learning more? Gwenn: Well, I'm on Facebook. If you want to send me a message at Gwenn W. Aspen, I'd love to meet you there. Additionally, we have a website anequim.net and you can fill out a form, we'll get right back to you there, or you can email me at gaspen@anequim.net. But we love to help people, and like I said, if you just want to bounce ideas off whether this is a good idea or not, we can talk about your specific situation. Jason: Awesome. Gwenn, thank you so much for coming into this show. Gwenn: Thank you, Jason. It's been so fun. I really appreciate you having me. Jason: Alright. We'll let you go now. Alright. Bye, Gwenn. Gwenn: Bye. Jason: So, there you have it. Check them out at anequim.net. For those that are listening for the first time or checking us out, we really appreciate you subscribing. If you’re listening on YouTube or watching on YouTube or listening on iTunes, we would appreciate—if you are on iTunes—you give us your feedback. We would love to hear your real and raw feedback. Again, give us a review on there. It will be really helpful especially if you liked the show. We would love that, that gets us excited. Then make sure you get inside our community which is doorgrowclub.com. This is a Facebook group where you get to hang out with other property management entrepreneurs, all the Door Grow Hackers, connect with us, and see future episodes. We livestream these episodes into that group so you won't miss a beat. Check us out there at doorgrowclub.com. If you are interested in growing your business then reach out to us doorgrow.com. We would love to help you and see if we can help you grow your business. Until next time everybody, to our mutual growth.

The Hermit's Lamp Podcast - A place for witches, hermits, mystics, healers, and seekers

Jason and Andrew talk about the lessons they've learned around practicing magic as a way of life. They also talk about what it is like to live in community with those who don't practice. And of course Saint Cyprian gets talk about too.  Think about how much you've enjoyed the podcast and how many episodes you listened to and think consider if it is time tosupport the  Patreon You can do so here. If you want more of this in your life you can subscribe by RSS , iTunes, Stitcher, or email. You can find Jason on his website here.   Thanks for listening! If you dig this please subscribe and share with those who would like it.   Andrew   If you are interested in booking time with Andrew either in Toronto or by phone or Skype from anywhere click here.   Transcript    ANDREW: Welcome to another episode of the Hermit's Lamp podcast. I have Jason Miller back with me today. And, you know, I've been continuing to watch what Jason's been putting out into the world, and, you know, he's been on my radar to have back and continue our conversations about magic and living a magical life and, you know, and, I kind of want to talk to him more about teaching and helping people discover how to live that kind of life today.  But, you know, Jason, in case people haven't met you yet—and you should go back and listen to the previous episode with him—Who are you, Jason? What are you about?  JASON: Oh, man. I'm all about … I'm all about getting paid and laid! No, I'm kidding ... [laughs] Yeah, no, so, I'm not against getting paid and laid, but that's certainly not what I'm all about. I am about doing magic in a way that is impactful. So, I have noticed over the course of the last 30 some odd years that I've been doing magic, that a lot of people, they put a lot of effort into a ritual, and they'll get a result, and it'll be like, you know, I spent three hours summoning a goetic demon, and the next day I found a wallet in the street, isn't that amazing? I -- it had like 200 bucks in it! That's incredible! And it's like, great! Where are we going to go from there? ANDREW: Mmmhmm. JASON: Like, you know, how is this really going to make a big difference in your life? I mean, if you're in danger of getting tossed out of your house because you're 200 bucks short on the rent, it makes a big difference. But still and all, whether it's for pure spirituality, for love, money, etc., whatever, I'm about using magic, making it meaningful, making it have a big bump in your life... ANDREW: Mmmhmm. JASON: And being able to look back and measure it and say yeah, that made a difference. ANDREW: Mmmhmm. JASON: The man I am today ...  ANDREW: The man I am today! You know, it's funny, that piece about looking back is so important. I recently went through and cleaned up all my shrines and all my, like, bits and pieces of magical workings and stuff, you know, like, cause, especially as I'm running along through life and work and whatever, stuff accumulates in the corners, right? And I had done this piece of work that I was continuing to work at, to break through to the next financial level, right? And when I was cleaning it up and going through the whole thing, I forgot, that I had as part of that done one of those write a check to yourself from the universe thing, right?  JASON: Oh, yeah?  ANDREW: And I was like, huh, look at that! I'm currently making exactly that and I'm frustrated that I'm not getting past it!   JASON: [laughs] ANDREW: So, I tripled that amount, and put a new one in and then fired it up again, and I was like … And immediately everything just started escalating like crazy, right?  JASON: It's amazing, the little tweaks ...  ANDREW: So easy to lose ... JASON: Yeah. The little tweaks that we can make. I remember, a few years back I was having difficulty. Same thing again, you know, I would make more money, but somehow more expenses would show up, and they'd just eat away at that. And it was so frustrating. And it's a common enough problem, you know?  ANDREW: Mmmhmm. JASON: I would sit down and one day I would ... just sat down, and I might have cleaned my altar just before that time too, because that's my go to, like when things are stuck, clean up! [laughs] You know? ANDREW: Yeah! JASON: And not only do you get just a better view, but you ... You do find those little bits and nuggets of the past that tie it all together. But I sat down in front of Saint Cyprian and I was just like, “I can't seem to fix this, man! Like, I get more money, more money needs to go out.” And Saint Cyprian said, “Okay, well, you know, this month, do the same exact magic, but ask for the amount of money that you need leftover after everything is taken care of.”  ANDREW: Mmmhmm. JASON: Duh! ANDREW: Yeah. JASON: And that's exactly what happened. All of a sudden, there was this excess that I could then put towards, you know, savings, better use, house, investments, etc., etc. ANDREW: Yeah, well and especially ... We're both family people, right?  JASON: Yes! ANDREW: And with a family, those unknown expenses, I mean, it's so easy for them to creep up and whatever. We're so lucky in Canada, you know. My daughter just had strep throat, but because of the new way things are done here, the trip to the doctor is covered, and prescriptions are covered. So. But you know? Previously, like last year, before that came in, it'd be easy to go, you know you could go drop 50 - 60 bucks for this, and a pile of money there, and you know, every time you turn around, it just adds up and adds up. Yeah, I think that the power of being clear about what the solution is, and the power of how do you pray or ask or craft your sigil or whatever you're doing to solve the problem is such an important piece, right?  JASON: What …Yeah, and you know, because we're not just praying, you know? We don't describe ourselves as religious people necessarily. I mean we might be religious people, but we're not religious in the sort of, you know, the old grandma, “I'm going to go pray and hope that this happens, and leave it up to God, and thy will be done” kind of thing.  ANDREW: Sure.  JASON: Because otherwise why bother with magic at all, right?  ANDREW: Yeah. JASON: So, we're sort of getting actively involved. And even if we're working with the same powers, the saints and gods and angels and buddhas etc., we're as sorcerers saying, you know, I'm part of this, I'm part of this chain of events here, so I'm contributing, I'm inputting, at which point, yeah, the responsibility falls on you to ask for what you need skillfully, to recognize when you've, like in your case, been given exactly what you asked for, and then moved to the next level. ANDREW: Mmmhmm. JASON: It's, yeah, it's, I don't know, it's our responsibility. But I see a lot of people turn their sovereignty over to the spirits when it comes down to stuff like that. It's like, “Well, they know what I need.” And, why are you even bothering, then, man? [laughs] ANDREW: Yeah. I think that it's … you know ... there's this thing, I was reading through your new book, The Elements of Spellcrafting, and there's this section where you were talking about caveats, right? You know? And, like, I think that for me, whether I approach the Orishas, or whether I approach the other spirits I work with, you know? Whatever element of “Thy will be done” exists in the universe, I just assume they're doing that math for me as part of it, right?  JASON: Right.  ANDREW: There are things that are just never going to happen, there are things that, you know, maybe shouldn't happen, and, you know, and there are things that are maybe part of other people's will being done, and they're going to not allow me to be interfering with that, right? In the same way that, you know, it's not the monkey paw, right? Like, you know, they're not going to kill somebody so I can get their inheritance. And then I'm going to turn around and forget to say, "Bring them back as they were, and you know, instead, live a zombie love life or something," right? JASON: [laughs] ANDREW: You know, I think that there's a degree of intelligence in these processes, right?  JASON: Yeah! ANDREW: Unless you're working with something belligerent, in which case, I tend to be like, well, why go there? What's the value of that? And you know, there are values, but, if stuff doesn't want to work with me, I don't know that I want to work with it, you know?  JASON: I -- see, I'm the same way. There are ... I guess there are some borderline cases, where there are spirits that are happy to work once they've been … In the grimoire tradition, they've been constrained ...  ANDREW: Mmmhmm. JASON: And then if made offerings to and a relationship is built, but to even get their attention requires that initial like, "Will the power that blah blah..." But in general, I'm the same way, there are so many ways to do something, especially now, with just the access we have to so many, so much information, traditions, and things like that ... And also, it helps ... You know, [ringing phone] these things don't tend to happen when we are building relationships with powers ... So, of course, now my phone ... [Answering machine voice] Telemarketers, man!  ANDREW: Yeah. JASON: Sorry about that! ANDREW: They're just trying to make their money, too. You know? It's all part of ... JASON: I know, I know ... [ringing phone] ANDREW: Speaking of prolific elements, you know? [laughs] JASON: Right. We're talking about demons, the demons are like, “Hey…” ANDREW: “Hey…” JASON: “Let me talk to you about your credit card balance ...” [laughs] ANDREW: Let me talk to you about a time share ...” JASON: [laughs] So, yeah, I forgot even what I was talking about now ... ANDREW: Well, we were just talking about ... JASON: The demons erased it.  ANDREW: When you're having relationships with spirits, it's something quite different.  JASON: Oh yeah! Yeah, it's so different than looking up in a book and saying, "Well, what's the spirit that handles this, and I'm going to contact them and make a deal…"  ANDREW: Yeah. JASON: As opposed to "these are spirits that I make offerings to regularly, every day, all the time, I acknowledge special days," and, you know, you build a relationship.  ANDREW: Yeah. JASON: So then when it comes down to somebody in the Strategic Sorcery group the other day asked "Why are the spirits so literal about everything? I'm getting exactly what I ASK for, but just outside of what I intended." And I said, "Well, you know, get better at asking for stuff, but the other thing is, build up a relationship, let spirits into your life, and you can ... you ... they'll get a better window into what you need.” It's not necessarily belligerent, the assumption there is that they're all knowing, all powerful. You know? You gotta let 'em know.  ANDREW: They're not stalkers, right?  JASON: Right. They're not stalkers. ANDREW: They're not here 24/7, they're not looking at everything, they're not Santa Claus, right? JASON: Right. ANDREW: You know? Like, they don't know everything, if you don't sit down when you have their attention and tell them, right?  JASON: Yeah.  ANDREW: And here again, if you have a relationship with spirit, much of the time the solution to the problem is like, "Hey, my friend, I have this problem, I need to talk to you about it."   JASON: [laughs] ANDREW: “Blah blah blah, here's my problem, here's what it looks like, here's what I've been doing, you know, I don't know what to do next, or I just feel like I've got no luck, or like whatever you feel, and be like, hey, please help me out with this. And sometimes that can be it too, right? Just a conversation, kind of like, you know, hey, help me out, my friend, not even like, “and I'll give you this,” or whatever, right?  JASON: Absolutely. Absolutely. Cause that ... that giving, that back and forth, it's already present in the relationship. Just like with real people, you know? I use ... I always talk about borrowing 50 bucks. You know, if you accost somebody on the street, they're not giving you 50 bucks.  ANDREW: Yeah. JASON: If you ask a coworker, maybe they will, maybe they won't. But if you ask a friend, of course. They're gonna be like, “Yeah, here, do you need any more? are you good? Pay me back when you can.” Because you have a lifetime of the back and forth and it makes all the difference.  ANDREW: So, every time I tell people that you're going to be on the podcast, and some other people too, but they're always like, “So tell me about Cyprian. What about Saint Cyprian?”  JASON: [laughs] ANDREW: “What's going on with Cyprian? What do I need to know about Saint Cyprian,” right? What ... I mean, I feel like we talked about it last time, from what I remember, you know? But I'm curious. Especially because it's been a little while. Saint Cyprian seems to be growing further and further into the world these days. What do you think is up with that? Why is that happening?  JASON: Oh. [sighs heavily] Well, I'm going to go ahead and say that one of the things that's happening is that the focus is not so squarely on white European magic any more. And ... ANDREW: That's really true.  JASON: And, you know, I can ... I will thank the younger generation of millennials for some of this, that, you know, while there's certainly a lot of crap I could give the millennial generation--I'm a Gen Xer and I'm sure you are too, but--One of the good things is there's not quite as much focus on the white European magic, nor what white Europeans, especially Victorians, had to say about magic from elsewhere. So, Saint Cyprian was sort of, has been huge in Portuguese and Spanish-speaking world for many years.  ANDREW: Yeah.   JASON: You find tons of little, I have some Spanish, everything from actual books of Saint Cyprian, to little like pamphlets, trade magazines, in Spanish, that are, you know, about Saint Cyprian. And then of course you've got the Scandinavian books of Saint Cyprian in Norway. So, all this was sort of happening outside the German/English pipeline, you know?  ANDREW: Mmmhmm. JASON: And, so it was already this huge presence that just needed to poke its way into the English-speaking world. And then once it did, we do what we do with everything, it explodes. And he became immensely popular. I'm super proud of having written a really halfway not even very good article surveying the cult of Cyprian, but I wrote it back in 2007 so I can pat myself on the back, and you know, get the "before it was cool" cred. [laughs] But, you know, the amazing work has been done since then, with Humberto Maggi, and José Leitão, their translations of Cyprian books, and the commentary on them is just huge. ANDREW: Mmmhmm. JASON: And he's ... just a great worker. You know? People are looking at Christianity and realizing that there's a lot more to it than the evangelical anti-magical Protestant mindset. And maybe some of that is that we have a generation of people here who were not necessarily brought up in church, so they're kind of looking at the church with magical eyes rather than “Uhhhh, this is such a drag!” eyes. Which is why you're getting ... More and more people are going to Latin mass. Like young people going to Latin mass wherever it's available. So, you have this interest in Christianity, and people are looking at, "Well, where is witchcraft really preserved?" If we can let go of some of the Margaret Murray thesis of pagan cults that survived in secret, well, you know, a hell of a lot of it was that folk magic came into Christianity and the ceremonial magic, the whole grimoire tradition. So, once information about a saint of sorcerers became available, I think it was just, people wanted to take it and run, and have. ANDREW: Mmmhmm. It's a very accessible notion, right? I mean, it's in our culture, you know, North American culture, the idea of saints and what we do with them. There's a ... whether you're raised with it or not, it's around enough that I think it's not super foreign, you know?  JASON: Yeah. No. Absolutely. And it's, you know, Cyprian himself had already existed in such varied forms. You know, the emphasis in Europe is ... are on the books and spells that Cyprian himself was said to have penned, whether before or after death. And then in the New World traditions from Peru up to Mexico, the emphasis is on calling Cyprian himself as sort of a mediator between light and dark forces. ANDREW: Mmmhmm. JASON: And you can see this in the mesa traditions where they have … The shamans have the two mesas laid out and Saint Cyprian right in the middle.  ANDREW: Yeah.  JASON: And so, Cyprian exists as this eternal between. He's between everything. He's between heaven and hell, he's between Christian and non-Christian, he's a … you know, he builds bridges.  ANDREW: Mmmhmm. JASON: And it's just brilliant. the only things that I think some people who maybe were raised with Cyprian in the non-English, you know, object to sort of, you know, white people taking it and running with it places that it never was historically. The only thing that I really see that I ever object to is when people attempt to completely deChristianize Cyprian utterly. And say, "oh, that was never really part of it," I'm always like "well, we already have Merlin and other ... ANDREW: Sure. JASON: You know? It's the very fact that he was a bishop that kind of makes it special.  ANDREW: Well and I think that that's kind of leading up to what I was going to ask you as a question, being, what's the thing people are getting wrong about this, right? Or, what's the pitfall people fall into, you know? Because, you know, I have conversations with other, you know, olochas and priests in the Orisha tradition about what people are kind of misunderstanding as they approach traditions. Right? You know? JASON: Yeah. ANDREW: So, you know, I think that, you kind of already nailed it, right? You know, like, what is Cyprian without Christianity?  JASON: Yeah. yeah. And, you know, what is Cyprian without Justina? Justina, I think, gets downplayed quite a bit in favor of Cyprian, but it's important to remember that it was her that turned back his demons with the sign of the cross. It was her that wielded the power that attracted him to Christianity in the first place. ANDREW: Mmmhmm. JASON: And so, I think one of the other things, apart from the deChristianizing of Cyprian, and I get it, I mean, Christianity has, I mean, for every good thing about Christianity, there's a horrible thing about Christianity.  ANDREW: Yeah. At least one.  JASON: At least one! And some people have been really just damaged to the point where this is not a useful thing in this life for them ... ANDREW: Yeah.  JASON: To even worry about Christianity one way or the other. They left it, and good, because, you know, it was causing them a lot of pain. So, I'm not one of those people that's like, you know, “You have to be Christian.” But, you have to be, I think to work with Cyprian, you have to be comfortable, at least looking at Jesus, Christianity, and all the rest of it as a usable power, as a valid spiritual power, and it's always weird to me how people who are so open that they can embrace, sometimes, dozens of traditions at the same time, and, you know, while “Hecate, Queen of Heaven, and ...” yet, once it's Christian, because of the baggage, it's like, oh no. No. That is false, and I reject it ever.  ANDREW: Yeah. And I think, as you say, I think it's part of all of our journeys; ideally to try and resolve and free ourselves of those baggages, you know? And I think about how when I started doing misas, and sort of espiritismo, and Alan Kardek style, you know, ceremonies and stuff like that, you know, and praying for my ancestors who were Catholic, or, you know, Anglican or whatever, with the prayers that they asked for, without any attachment to that, you know, came from, you know, a number of years of deconstructing less so explicit Church history, cause I don't have much of that, but more so, negative cultural influences on that stuff that I was basically, you know what? Screw you and your son! You know? For about 19 years, right? JASON: [laughing] ANDREW: And, you know, but being free of that really allows for, has allowed me to meet spirits where they want to be met, where that feels appropriate to me, and therefore, when my grandmother was like, say the Lord's Prayer, say the Apostle's Creed, say the, you know, the Hail Marys, say this, say that, I'm like, "Cool, I'll say those prayers for you, it's fine."  JASON: Right.  ANDREW: But it's not straightforward, you know?  JASON: No. ANDREW: For many people. And definitely for me it wasn't, in the beginning, so.  JASON: Yeah. yeah. And there ... You know, my advice is always, if that is bringing trauma and discomfort, there are other powers. You don't have to work with Cyprian. And I guess that's the worry that everyone has that something becomes sort of insanely popular and people get involved only because of its popularity. ANDREW: Mmmhmm. JASON: I don't know how much of a danger that really is. I've always been one of those people that's kind of … It's like, “Is the band good or is the band not good?” How many other people like the band isn't really relevant ... ANDREW: Yeah. JASON: To my enjoyment of them. But for some people it is. They want to be in on the thing no one else was in on.  ANDREW: Well, and, you know, it's funny, so, I spent time in the Aurum Solis, which is a not very popular not very well-known ceremonial order, right?  JASON: Ogdoatic! ANDREW: Yeah. And, you know, I mean, in some ways, my time there was one of the most liberating of things, because unlike many other systems, where they gave name and form to whatever dualities and core principle and so on, they just use generic terms, and generic terms that they had set up for themselves for people within the order to work with, and so, it was always open-ended, and then if you were working Enochian or goetic or this or whatever, you shifted and you melded it to where you wanted it to be, or where it made sense to put that together, unlike in other systems, you know, like when I was into Crowley stuff, and here's your specific, you know, ordered organization and structure, and you know, in other places where it's like, well this is always this person. It's like, eh, they could be many things ...  JASON: [laughing] ANDREW: I want to know what would make sense here, you know?  JASON: Right.  ANDREW: Cause there's more of this idea of there being an archetypal or source that was putting on source as we danced with it, called it, rather than having predefined form that we were required to meld ourselves to. and in that process, I actually became very malleable, and very free from a lot of other stuff, which was pretty handy, so.  JASON: Yeah, that is. Now Aurum Solis, they went like full Christian at one point, didn't they, awhile back?  ANDREW: I left the order around 2000, 2001. I think that as far as I know they were going more in like a sort of witchcraft, European witchcraft direction when I was leaving.   JASON: Really! ANDREW: Which wasn't really my particular thing, yeah. But it's been a long time and I'm no longer involved so I couldn't actually say.  JASON: Okay. Yeah, I seem to remember something about Denning taking the order into like a, you know, reforming it as a Christian-only order, and then un-reforming it as a Christian order, just only a few years after that, when people were like, naaah, that's ... ANDREW: Yeah, it's hard to say. I don't know that part of the history. It certainly wasn't a part of my time. But, I mean, like many of those experiences, my work was mostly about my local person rather than the bigger picture of things too, right? Which is...  JASON: Yeah. ANDREW: Both a pro and a con, right? Cause it's great when everybody's on the same page, but when your local person and your international person or head of the order is doing something else, then you know, that's kind of, becomes disruptive, so.   JASON: We, in, you know, I was in the OTO for a while, and we had formed a camp, still around today in Philadelphia, Thelesis. It's now, I think, an oasis. It's ... the OTO has small camps, and then they have oases, and then they have lodges, and so on. And when we started it out, it was like a bunch of people that were disgruntled from the New York scene, and then we made all these connections in Philadelphia, which had an OTO group, and then everybody left. So, we just gathered the people that were sort of abandoned.  ANDREW: Sure.  JASON: And we were the weirdest OTO group in the order at the time, because none of us wanted to do the gnostic mass, like none of us wanted to do it.  ANDREW: Right.  JASON: None of us wanted to do Resh, the four times a day, you know, he is the Sun God, he is the Fun God, rah rah rah kind of thing every day. And so, we were just, we were essentially just a magical group, and we were using the OTO as sort of this unstructural umbrella and, that we would report to. And for years, like we had Behutet Magazine, which is still running, but we wouldn't allow any Crowley reprints, or poetry, and all the other magazines at the time were, you know, like “Here's a reprint of Crowley ...” ANDREW: Mmmhmm. JASON: “And my poems!” And so, we were like, “nope, none of that,” and it was all about the local people and what they wanted to do and it was great. It was great. It has changed now. I think they're much more in line with the overall order than it used to be. But, it's the way things go. ANDREW: Mmmhmm. Yeah, I think that there are certainly in my experience, there are the times and places where a group of people coalesce for one reason or another, you know, and those moments and times are wonderful, and you know, when I was younger I used to think they would last forever, and now I find myself ... JASON: [laughs] Yeah.  ANDREW: ... in, you know, in those moments, I just savor them, knowing that likely they'll pass at some point. You know? And may even be far and few between, so, you know, just revel in them, like, oh, how wonderful to have all these connections in this thing right now, you know?  JASON: It is, it is. And, you know, I don't know how involved you are in your local community. I live in the sticks, I live in New Jersey, but, you know, down in the pine barrens, and I do miss having a big local community, and the time, too, because between business and kids, that eats most of it up.  ANDREW: Yeah.  JASON: So. ANDREW: Yeah, I mean, local magical community, we have, we sometimes, maybe three or four times a year I have just a, call it a magically-minded social night at the shop, and just open, show up, make some tea, hang out, whatever. So those are always great. Everybody's invited, so if you're hearing this and you want to come, get in touch. And for me, it's like, because my primary work is Orisha work, right? So, it's ceremonies and stuff like that that happens, so, you know.   JASON: Right.  ANDREW: Early in the year I was down in the States helping at a birth of a priest, and, those are great, you know. But they're not so much local and they're not really ongoing, they're more periodic when they're required, so.  JASON: Right.  ANDREW: Mmmhmm. JASON: Right. You know, the shops are wonderful, and the community that ... I mean ... Back when I was starting out, the shop was your only link to the community, really, ANDREW: Yeah. JASON: If you didn't know it already, if you were just interested in magic, it was like putting in time at the shop. You would just like hang out, talk with the shop owner, and … ANDREW: Mmhmm JASON: They, you guys facilitated all the introductions, so ... ANDREW: Yeah. JASON: It was really just through getting friendly with shop owners in the area that I got to know who was doing what where.  ANDREW: And for me it was because I lived in sort of small town Ontario growing up, it was, twice a year there was a psychic fair, and I would go and find stuff there, which is where I bought like, Magic in Theory and Practice when I was 12, and stuff like that. JASON: Yes. ANDREW: And then there'd be like six months of like, trying to understand what the hell is being said in those books ...  JASON: [laughing] ANDREW: What do I do with my hands? What am I supposed to say? What's going on? You know? But, that was it, because, you know, I was too young to drive, too young to get anywhere, there were no buses to the city, you know, back in the 80s and stuff like that, it was just like, that was it. You take your books, you go home, you read em a bunch, try and figure it out, realize you don't know what you're doing, and then try again, you know? So.  JASON: No YouTube videos, to ... ANDREW: No YouTube videos. JASON: To set you right. ANDREW: Yeah. For sure.  So, one of the other questions people ... somebody posted ... was, and I feel like I already know the answer to this, but I'm going to ask you anyway, so: Do you ever run into people who are disapproving of your practices? I mean we were talking about people who didn't like your books and stuff like that before we got on the call, but like, you ever just like face to face in your community, or you know that kind of stuff, run into anything, or ... ? Is that ... ? JASON: Rarely. ANDREW: Yeah. JASON: Rarely. I benefit from having not only a common name but several other famous Jason Millers. ANDREW: Uh huh. JASON: So when I have a day job, it was, it would be an odd thing for them to find out about me, even after I started publishing books, because you've got Jason Miller the playwright, Jason Miller the MMA fighter, and now you've got Jason Miller the, you know, Trump campaign dude, who I was ... Someone wrote, like, bitching about Trump to me, and it was clear they thought that I worked for his campaign. Like, “How can you, an occultist, work for Donald Trump?” I was like, “Two different people!” [laughing] ANDREW: Yeah. JASON: Like, I don't know, I don't even look like that guy. But, you know, so, it didn't happen too often, that people would find out. When they did, I have a way of explaining it or presenting it, so … It's amazing if you just drop certain words out of your vocabulary. ANDREW: Like demon? JASON: Like demon, sure! You know ... So, for instance. All right. I can go to a Buddhist ceremony and we can take a phurba and make a ritual doll, essentially a voodoo doll, a linga, and stab the shit out of it and release, liberate it, quote, and you know, essentially, hard core black magic, but if you tell somebody you're going to a Buddhist event, “Oh, the Dalai Lama is so holy, oh, that's wonderful that you're interested in Buddhism and meditation and ...” You can say, when I introduce myself to other parents at the playground, and they ask what I do, I say, "I'm a writer, so I work from home, and that's why we spend summers elsewhere,” and things like that. I can say, “Well, you know, I write on mysticism or, and meditation,” that's easy for most people. Like, they don't think too much about it. You can … If they press you can say, “Well, you know, I write about shamanism or fringe religion,” right? The moment you say magic, then it's sort of like, “Ohhhhh, I don't know,” and then if you say witchcraft, now you're introducing the language of the diabolical, of what society has called, you know, it relates, you know, I mean, and modern witchcraft willfully and knowingly took on the constellation of terms around the witch hunts, and coopted those and used those terms, and to good effect, I think. But that's why witches get hassled by Christians and Druids tend not to.  ANDREW: Hmm. JASON: Because people don't know what a Druid is. So, you're just some crunchy hippie dude.  ANDREW: Yeah.  JASON: Or, you know, witches, pagans, have trouble, but somebody who is Asatru, describes themselves that way, might not. Somebody might think they're a racist, but [laughs]. ANDREW: Yeah.  JASON: You know. They're not going to get that "Do you worship Satan?" kind of thing.  ANDREW: Mmmhmm.  JASON: So. ANDREW: I think that, it really is very much about ... For me, it's very much about how you frame it, and for me, it's such a clear given about my life and I can explain it in simple terms, you know, I explain it to my kids as they were growing up in simple terms, they get to know more and more as time goes on about my religious Orisha practices, you know, and there's so many ways in which you can sort of just frame it, and I find that for me almost without exception, when I approach the conversation where people are like, “Wait, wait, you kill chickens.” I'm like, “Yeah dude. Do you eat chicken? I see you're wearing leather shoes.”  JASON: [laughing] ANDREW: Right, like? Or whatever. And if you're grounded in it, I find that it is rarely an issue. JASON: Yeah. ANDREW: I mean, it's always possible to be an issue, but almost never, you know? I've had one person give me a hard time at the shop since I opened the store five, almost six years ago. And he's some older local dude who stood in front of my door one day blocking it, and I went to talk to him, and he was waiting for the bus, and he basically just got really mad and started swearing at me and telling me I was going to hell and whatever, and, you know, and then some woman who was waiting with her kids at the bus stop started yelling at him to stop swearing … JASON: Yeah. ANDREW:  Very quickly became the end of the conversation, and then, I see him walk past now, cause I'm still in the neighborhood, but he's just, eyes forward and ignores me completely now, you know? And one other person who no longer does this but for a long time used to leave little inspirational God pamphlets in my mailbox all the time. But that was it. Like, easily if I saw him, he'd be like "How are you today, you know, I'm going to work, here have this, here, take one of these." I'm always like, "Sure man, whatever," but never, nothing ever escalated, cause I never escalated it. You know? JASON: Yeah. I mean, I love the little pamphlets. I mean, I always thank people for them, and I just hold in my head that obviously I don't agree with them, but this person feels like they have the spiritual equivalent of the cure for cancer. So, if they think that that's true, then the moral thing to do is to spread that far and wide, right? Like, not to be like, “Shh, don't tell anyone, we have the secret keys to enlightenment and heaven.” So, I always look at, like if somebody's just sharing or they knock on the door or something like that, I always kind of assume the best ... ANDREW: Yeah. JASON: Because it's done, even though I think they're deluded in what they believe, I think their moral intention to share it is good most of the time. Sometimes it's not. Sometimes it's just masking their desire to persecute others. And that becomes apparent pretty quick. And, you know, thankfully, you live in Canada, and I live in the relatively for America more enlightened northeastern United States. ANDREW: Mmmhmm. JASON: There are some areas of my country where I gotta believe I'd probably get a lot more hassle than I do here. One of the reasons I don't live in some areas of the country. ANDREW: For sure, yeah. JASON: You know, in that my kids would be going to school, some parent would Google me, and now my kids would be having a hard time, and ... ANDREW: Mmmhmm. Well, you would just go to your Buddhist meditation and solve it, right? [laughing] JASON: Yes, yeah. I can just, "It's just Buddhism," "Noooo, I saw the books, it's not just Buddhism!"  ANDREW: It's so many things. That's funny. Yeah, it's funny, you know, I think, probably because I spent so long in a Mohawk, and being all punked out and stuff, I just, people don't tend to argue with me too much about stuff, and I don't really tend to engage people. The minute stuff comes up I'm always like, “You know what, I think I'm gonna go now, see you later ...”  JASON: Yeah! ANDREW: You know and just opt out of those conversations too, right? So.  JASON: Yeah, you know, the times that it comes up are ... they're just few and far between, because ultimately, people aren't all that interested. If they're not interested, then they're not particularly interested, you know? It's a weird thing, but if you are able to talk about other things and hold a real conversation with people about something other than that ... ANDREW: Yeah. JASON: Which is a talent that sadly not everyone in our community has, but … ANDREW: Mmmhmm. JASON: It goes a long way. It's like, look, you know, if you invite me over for dinner, no, I'm not going to start prattling on about religion and weirdness unless you ask.  ANDREW: Yeah. No, for sure. Yeah, back when I used to work in advertising, I discovered that there were certain places that I would end up, and there were certain kinds of conversations that went better, so like when I was going down to the print shop to talk to the guy who's running the big printing presses and do color proofs, you know,  a lot of those guys really dug sports, and so I would check the paper, see what was going on, and just prep myself to have a good conversation with them, and it didn't hurt me at all, they loved it, you know, and it made for a better relationship, you know? Showing an interest in what people are interested in gets us a long way a lot of the time, right?  JASON: Oh yeah.  ANDREW: And avoids a lot of problems, right? Because then you have that personal connection where they're like, “Well, Jason's not really that bad, I mean he takes his kids to the park all the time, how can you, he can't be evil, he's gotta be good, so whatever, I'll give him the benefit of the doubt.” Right?  JASON: That's it! ANDREW: Yup. So, first of all, thank you for making time today.  JASON: Thank you for having me, man! ANDREW: Yeah.  What have you got going on? I know that you've got this book that just came out this year, The Elements of Spellcrafting, which is great, and people should definitely check that out. What else is going on? Where should people find you? What have you got coming down the line?  JASON: Well, people can find me at StrategicSorcery.net. And the big thing coming down the line is, the next cycle of Sorcery of Hecate opens up in May for a June start. This is a class that -- it got so much bigger than I ever expected it to, because it, you know, it's a hard … it's the hardest class that I do, like as far as like, people want, you want something to do that, you know, requires a commitment and will get you results but is going to ask something more from you. ANDREW:  Yeah. JASON: And is going to challenge you, like the first month or two, you're going to come to me and say, "Oh, I had this vision ..."  and I'm going to be like, "That's great, keep doing the ritual, please." You know? Like, the vision is great, but just, it doesn't mean anything. Let's get deeper. Let's go deep. Let's not settle for "I did a ritual, I had a vision," like, is it important? Is it telling you something you didn't know? If not, make a note, celebrate, have a cupcake, then get back to work.  ANDREW: Yeah. JASON: So, I never expected a program that required like that amount of effort and work and, you know, I can be challenging, and just tell people, like, "That's not important right now," [laughs]  ANDREW: Mmmhmm. JASON: I never expected it to take off, but my god, it has. ANDREW: Well, she's a real powerhouse, right? I mean, she's another one of those ones whose presence in the world is on the rise. So, I'm going to share my vision; you can tell me it's not important afterwards.  JASON: [laughing] ANDREW: So, I haven't done your course, but years ago, when I first started reading at somebody else's store in Toronto, the person who owned the store, Hecate was their thing, they were all about that, and most of the people who worked there were about her, and sort of like, it was the anchor of that store, right? And I'd been working there for a little bit, and they were doing a big ceremony for her. And I didn't go, cause I was like, “nah, it's not my thing,” right? So, I had this dream, where she showed up, you know, infinitely dark and infinitely expansive at the same time, and she just looked at me, up and down, said, "You're not one of mine, but you're all right, you can keep working here." And that was the whole dream, and I was just like, "Perfect!" It's done! JASON: And that's, you know, that is an example of, it's got meaning, you know, it's a seal of approval, it's got an essential message ... ANDREW: Mmmhmm. JASON: But it's not something you want to sit and like, fuss over. ANDREW: No, exactly. JASON: You can keep working there. Which is ... ANDREW: I got my approval to continue to be employed there, and that's great, cause I'm sure that if she didn't like me I would have been gone ... JASON: [laughing] ANDREW: And then that's it, and I'm like, all right! And then, the other piece which was, you don't need to get more involved in this stuff, cause it's not yours, I'm not for you.  JASON: And I've had that happen as well. Before I became involved in Buddhism, I was getting very interested in Haitian voodoo, I was trading correspondence with Max Beauvoir, I was studying anything I could get my hands on and putting together completely half-assed ceremonies of my own. ANDREW: Sure. JASON: To connect with the Orishas, as everyone did in the 90s, and I would read anything, god, I lived practically on the New Orleans Voodoo Tarot, from Louis Martinié. ANDREW: Mmmhmm. JASON: And I ... there was this point where I was getting ready to go to Haiti, and Legba was kind of like, "Maybe not." ANDREW: Yeah. JASON: Maybe, like, "You and I are cool, but maybe you don't want to get involved in all this stuff." ANDREW: Mmmhmm. JASON: And I …You know, looking back later there are ... I really don't react well with tobacco, for instance.  ANDREW: Hmm. JASON: And I just both with my lungs, my senses, I get ... I don't know, maybe something happened when I was a child with cigarettes or something, you know, it just sets me off, and that would have been a big stumbling block for me, a few other commitments and taboos probably would have been a big stumbling block for me in the long run, and so it was really solid advice, and I was like, well where should I go? And it was right after I asked that, I was in upstate New York and I was talk ... did a lave tet with Louis Martinié that day, and then that evening Michelin Linden, his wife, was like, let me tell you about my experience with the Kalachakra. ANDREW: Mmmhmm. JASON: And it was really--it hit me hard. Partly because I was on three different psychedelics at the time, but it hit me hard anyway. [laughs] And, you know, I went back, and I called John Reynolds, who I had known for years already, and he was the first Westerner to be ordained as a Ngakpa, Tibetan sorcerer. I was like, “I'm in! What do I do?”  ANDREW: Yeah.  JASON: You know. Legba sent me to you! [laughing] ANDREW: Well, I mean that is a tremendous piece of wisdom, right?  JASON: Yeah. ANDREW: You know and like, in reading the shells for people, it's something that people don't expect at all, and it's like, look, you know who's got the answer? Those people. This group. Your psychiatrist has the answer. But we don't have the answer for you. You know? And that -- listening to that voice, and going and like giving up the sense of definition that we start to formulate around these things, in light of a bigger deeper truth or a more complete truth, I think is one of the best things you can ever do for yourself, to really honor that when it emerges, you know?  JASON: Amen to that. ANDREW: Yeah. JASON: Amen to that.  ANDREW: Cool. Well, so people should check out your Hecate course. It's going to be deep and challenging. And people should head over to your website. JASON: Good! ANDREW: Awesome. Perfect. Well, thanks again for making time, Jason. Lovely to chat with you as always.  JASON: Thank you for having me!

The Frontside Podcast
078: Kasita with Jeff Wilson and Jason Jaynes

The Frontside Podcast

Play Episode Listen Later Aug 3, 2017 41:33


Jason Jaynes: @jasoncjaynes Jeff Wilson: @ProfDumpster Show Notes: 00:53 - “Professor Dumpster” and Founding Kasita 05:33 - The Startup Industry 07:45 - Building the Kasita Team and Creating the Design 12:25 - Integrating Devices 16:33 - Challenges of Building These Ecosystems 24:36 - Controlling the Ecosystem: Will there be third-party developers and applications? 30:16 - Device Cohesion and User Experience 33:23 - Privacy Resources: Data for the People: How to Make Our Post-Privacy Economy Work for You by Andreas Weigend Kasita is hiring! Transcript: CHARLES: Hello, everybody and welcome to The Frontside Podcast, Episode 78. My name is Charles Lowell, a developer here at The Frontside and your podcast host-in-training. With me today are Jeff and Jason from Kasita. Now, Kasita is one of the most exciting products that I think we've gotten to work on here at Frontside in the last five years. We're going to be just talking about it because, I think it touches on a lot of the aspects of what makes software development and startups and just the emerging economy exciting. I'm really thankful that we get to have you all on the podcast. Welcome Jeff and welcome Jason. JEFF: Thanks for having us. JASON: Excited to be here. Thanks, Charles. CHARLES: Now Jeff, you are the founder of Kasita, the CEO and I believe your official title over there is 'Professor Dumpster.' Maybe you could actually unpack for us a little bit of what does that title mean? How did Kasita come about and what is it today? JEFF: A couple of years ago, I did a radical, social experiment around housing. I went and sold everything I own for a dollar an item out of a 3000-square foot house and moved into a 33-square foot used trash dumpster for a year. The idea of that project was to live in 1% the size of an average American home and try to use 1% the energy and water of the average American home. The project took a little bit of a twist, you might say and about part way through it when the dumpster started getting tricked out, I started thinking about the whole nature of housing and how we need to do something different and how that grand future probably would not be a gated community of dumpsters. CHARLES: Now, I assume you cleaned out the dumpster before you actually went to live in it. JEFF: Yeah, it was a fixer-upper. We give it a bit of a scrub and did some testing to make sure there wasn't anything nasty left in there. That went for about a year and a couple of months after that, I actually first set down with Jason because he was the only person that I knew in the entire startup scene, in the entire world. He said, "Wilson, you had some crazy ass ideas like this dumpster thing you told me about. This one might actually work, this Kasita thing." Here we are today, we're working together. CHARLES: Wow. This was something you just did on a lark. You didn't have the idea of starting this business but it was actually through the process of actually living in this dumpster for a year that the idea emerged or was there a master plan going in? JEFF: I don't know, Jason do you remember any kind of master plan when I first told you about the dumpster? JASON: No. When we first met to talk about the dumpster, it was an early morning, I believe in 2010 or 2011 and you're incubating the idea. At that point in time, there was nothing on your mind or you aren't looking towards the future of housing at all. You were just trying to figure out how you were going to move into a dumpster and people thought you would be crazy. Of course, I've validate it and I thought people would think you would be crazy. CHARLES: That is a pretty radical idea, the future of housing being 1% of what it is now. How do you see that playing out? How is that possible? How do you shift people's mindset away from that? JEFF: One of the bigger things we're trying to do with Kasita, there needs to be a massive shift in the wider way that we live in our homes. As everything else is moving towards on demand and as a service and as everything's being sort of productized, those are some of the core ideas behind Kasita. We think about Kasita a lot more like an iPhone or a Tesla than we would think about it as a single family home or an apartment block or even a micro-unit. That's why Jason and I are standing together here today is I represent a lot of ways, a kind of vision and origin story of Kasita but in a lot of ways, Jason represents the future of the software and integrated IoT that's going into these things. CHARLES: There is definitely a lot going into these things. I remember when Jason first started telling me about it because it is like an iPhone or a Tesla but, I think especially the Tesla is a great analogy because you have not just like a normal software or even really a hardware project, you've got architectural concerns. You've got manufacturing concerns. You've got, I assumed geopolitical concerns in terms of the politics around zoning and housing and real estate, all rolled up into a big startup. When I think startup, I think let's get a web application up and running and we're providing some service. This is cross-cutting at least five industries, it feels like if not more. I'm curious, what's been the experience in terms of wrangling that aspect because I think it is very unique in a startup today but it got me wondering is this going to be the normal in five years? JEFF: We've seen a movement recently in the venture community. Even a few years ago when we first started raising money was highly-regulated industries are hard, hardware is hard, "Thank you very much. We're going to go looking for our next two Stanford computer science dropouts to shove into a wee work and not have to deal with all of this kind of stuff." I think I've seen a shift to where people from the individual level up to the folks funding these things, see the massive opportunity in highly-regulated complex problems like housing and you're right. Jason and I are looking out over our shop floor here where we've got guys out there that are plumbers or traditional electricians all the way upstairs here to folks that have been mayor pro tem of large cities with PhDs. Bridging all of those individuals into a startup culture and then looking at the complexity of the landscape from a regulatory standpoint, autonomous cars are a breeze relative to the kind of complexity we're dealing with. CHARLES: Did you know this complexity walking in or was it a classic overoptimism? JEFF: No, it wasn't classic overoptimism. I'm always asked, "Are you a designer? Are you an architect? Are you a real estate developer? Are you a technology guy?" and I think if I would have been any of those besides a guy living in a dumpster, I wouldn't ever been crazy enough to try this. It's one of our core precepts as well. Jason had never worked with IoT stuff before. Our head of manufacturing used to build LEDs for Philips. Our quality guy inspected Cadillacs. Our manufacturing engineer built Boeing jets. The ideas that we're not pulling a lot of people from these traditional industries, we're pulling smart people that are passionate about our mission and to solve this, what is really a Rubik's Cube of a problem. JASON: Yeah, I think the other thing to add to that that Jeff is not getting himself enough credit is that from very early on, Jeff always looked at Kasita as a product that was going to incorporate multiple disciplines. He was very careful in how he orchestrate it and built the team to make sure that he was bringing the right expertise and the right areas together and then forcing those different disciplines to figure out how to meld and work together to build the Kasita. But the Kasita was from the beginning just about building a micro-urban home. It was about building a product of which part of that was a home, where people live obviously, but there's a whole lot more to it that we're working towards. I think even go back and Jeff, it might be relevant for you to talk a little bit about the approach that you took to just create an initial design for Kasita, which I think is revolutionary in itself. JEFF: A big part of our DNA was product from conception. When I was living in the dumpster, I recruited a couple of the top architects in the country really to help me turn that dumpster into a home. The way you're trained in architecture school, I think a lot of folks come in there with Buckminster Fuller kind of dreams and you're told pretty quick that you better bring things up to code and you better make things that sell or you're not going to eat when you get out of here. The idea was that we would start off with a product designer and not design a home. The kind of struggles in the dumpster taught me that we needed to go at a different approach so I went and recruited an industrial designer. One of the requirements for that person that he or she had never designed a home. This person had lived under a staircase and never designed a home so I said, "You're perfect." CHARLES: I like that and I'm curious, Jason from your perspective, what was it like to have gone through this? It sounds like what you're doing is asking people to bring their expertise but not their set of expectations like the industrial designer. What was it like for you coming primarily from the software development world to step into this pan-technological realm and what was that experience like and what were the things that stretched you and you found surprising? JASON: I think early on, I realized that it was going to be a bit more challenging maybe than I thought. Really, what it required was me to think outside of my discipline. Obviously, not only from the perspective of what we were doing on the IoT frontend, how we were melding software and hardware together but then going all the way over to the physical building structure and thinking about on a weekly, daily, hourly basis on how we are interacting with the other disciplines. An early example was, and this is one that I remember that's quite funny is one area that we wanted to make sure that we had covered in our research and understanding from IoT perspective was smart locks and how we were going to provide a smart locks for the data. We went out and did a lot of investigation, brought a number of leading smart lock solutions into the lab and tested them and narrow our list down. Then I recall vividly walking over to the architects to excitedly tell them we had selected our smart lock that we were going to use. They very quickly inform me that that lock wouldn't work because we needed a mortise lock and not a standard door lock. I realized that you can't work in a vacuum and just solve your problems. You have to be working together to make sure the solutions and the products you're selecting at work in accord with the overall design. That's continued to manifest itself. Every day, I'm down on the manufacturing floor, working directly with the electricians and others to make sure that our equipment is placed properly, where are we going to place our equipment, how are we routing around plumbing and pipes and other things that exist there and how are we locating things properly. It's an ongoing experience, which has definitely taken me out of my traditional software role but it's done so in a very exciting way and I've enjoyed it. It's just realizing that you have to actively be communicating across the organization with all groups and really, you can't take anything for granted. CHARLES: The number of different disciplines and technologies is really staggering, even if you limit it to just considering the set of devices that you're integrating. I was actually hoping we could talk a little bit about that. Now inside each Kasita, at least the ones that you're building right now, how many different devices do you have? How do you take all these different devices and turn them into a product or integrate them into something that itself is one product? JASON: If you were just to look at the technology bill of materials, what the products are that we're incorporating into our current Kasita design, there is around 50 different products and product parts that we're bringing together to build out the technology solution. If you narrow that down to what the end user is actually seeing and looking at, there are about seven noticeable products that the end user would see or they would recognize everything from a Sonos connecting amplifier to an Amazon Dot to a Nest Thermostat. Obviously, getting to that list of bill of materials and deciding on that 'subassembly of technology pieces,' took us quite some time in a number of iterations and a lot of outside engagement and talking to experts and trying to decide what were the best devices to bring in. But the other side of the equation was something that we kind of decided very early on in the process and kind of thinking the world of first principles was that, we wanted to make sure that Kasita was the primary interface to the user. We didn't want somebody else sitting between us and the end user. We wanted to be able to work with other products but we still felt at the end of the day that the end user, when they were living inside of a Kasita, when they were controlling the Kasita, when they were changing the state of the Kasita, they needed to go through our interface. With that as an initial first principle, you can begin to imagine that all the other parts of the system architecture and the way that we design things, the way that we select products and built things, it begin to derive themselves. Everything from that, immediately we needed an app and lo and behold. We were able, fortunately to work with you guys, the Frontside, to help us get our initial app concept up and going. It went from there and I can talk more about it. CHARLES: I think I really like that as a first principle. I really just want to inject a vigorous sense of agreement because I think it's so important, especially when this is the place where you're living. You want to imbue that inhabitant with a sense of ownership and control. I don't know if you would be able to do that if there were a bunch of different touch points and it didn't feel integrated under one product. In other words, this is my home, this is my Kasita. Is that the idea behind making sure that there was really only one interface? JEFF: We prefer to say 'Mi Kasita.' CHARLES: I love it. JASON: Absolutely, that's the idea. I think from a consumer perspective, if you've ever personally gone out and ventured through the halls of Home Depot or Best Buy and purchased some smart products off the shelf and brought them into your house and try to get them up and running, you very quickly learn that. It's not only challenging to get these devices connected in a way that you can control them but there's also this notion of there's an app for that. Every physical device you ended up putting in your how, has its own app for control and that becomes very overwhelming in a very short amount of time for the user. We did not want that to be the case with the Kasita. We wanted them to walk in the door from day one and immediately feel at home and feel like they have complete control of the Kasita, in much the same way when you go purchase an iPhone or you purchase a new Garmin watch or you purchase a new Android device, you're up and running with that ecosystem and you're interacting with that interface. We wanted people to be interacting with the Kasita interface to control their home because that's part of the product. CHARLES: I like that. It must present some unique challenges because I think you said it best. Every single device that you have comes with its own ecosystem and that ecosystem has its own APIs, its own web interfaces, its own applications and though there are walls around those ecosystems, what are some of the challenges you encounter in trying to punch holes through those walls so that you can hand information and control from one ecosystem to the other while providing a seamless experience to the user? JEFF: When you're talking about that, Jason one of the things that is often left out of this equation is at this specific point in space-time, it's very difficult to do that. But then to have any sort of semblance of planning for the future and future-proofing the system as developers usually call it, one of the reasons why you don't see a lot of Nest thermostats in multifamily development is because a developer knows that they're not going to ever have to replace a normal light switch. If it's a Lutron switch or if it is a Nest thermostat at some point, it's going to have to be replaced. Not only the physical replacement of the stuff but from a software side, making sure that we can continue to communicate with these devices in the future, I think is a big problem to solve. JASON: That's absolutely right. I think very early on, we recognize and realize that we were going to have to build software and a component that acted, if you will as a gateway for sitting between the end user and the end devices and facilitated the control of the end devices. Obviously, being able to accomplish that, one of the challenges is and I think, Charles you've seen this in your world because I know you've got experience with IoT is this whole proliferation of standards and protocols like if we're going to talk to the lightbulb or we're talking via Z-Wave or ZigBee, or do we have to go through a Philips Hue hub because that's the only way to actually communicate with it. Is there a separate way via Thread or Bluetooth you communicate with this device? In a very quick fashion, you get to this point where you can imagine that you've got a physical hardware controller that has four different radios in talking to four different device types. One for talking to Z-Wave, one for talking to ZigBee and it becomes overwhelming. We did a lot of research across the protocols that were available, mapping them across the devices. Early on, we were excited about the potential of Z-Wave but more recently, where we've shifted our attention quite honestly is looking for devices and device manufacturers who see the opportunity and Wi-Fi enabling their hardware devices and then providing either direct control of those devices in an IP-centric way over a local area network or even through the cloud. What that affords us back to Jeff's future-proofing concept is if you have Wi-Fi up and running and the device can get on the Wi-Fi network and there's a way to communicate with it, then it makes it a lot easier for us to sit between the user and that device and send commands and control that device. The other side of that, which I think continues to be a challenge and will be a challenged for the foreseeable future is a lot of the device manufacturers to the point that you brought up are still forcing you to go through the cloud to communicate with their devices. They don't allow for a local area network communication directly with the device and there's good reasons for doing that. But what that means is if you lose internet connectivity, you no longer have control of that device. CHARLES: Obviously, you've got probably pretty strict criteria about what it takes for a device to be integrated with Kasita. Is that a nonstarter right there? JASON: It's actually not. A nonstarter with be the device communicates via protocol that we can't interface with or the device works over a Wi-Fi network but has no API for controlling cloud or local. The third piece of that equation and fundamentally is the final nonstarter and really probably should be the first one and it's one that we take into consideration every time is that there should be a physical override for the user if internet connectivity is lost. What I mean by that is if we select a smart switch and the smart switch goes offline and there's no more connectivity, the user has still be able to walk to the wall and press the power button and the light should come on. There always has to be an ability for the user to fall back to the same old fashioned physical control in the absence of Internet connectivity or local area network connectivity. But the primary things are ability to fall back to physical control, ability to communicate over Wi-Fi or standard IP-based protocol, then the third one would be some form of API access, either remotely via the cloud or locally via the local area network. CHARLES: Wow, that's actually a great list. It's got me wondering, obviously you've encountered devices that have fallen on both sides of that divide. Do you feel like that's just a blip and we're going to be trending more towards devices that are happily and easily integrated or are we still seeing some moving and jostling as people maybe try and corner little parts of the market and make their device deliberately make it not easy so that you'll try and force people into that ecosystem? JASON: The latter, however we have two guerillas in the market right now that I think are helping drive the other direction in the way of Amazon and Google with Google Home and Amazon Echo. What they're doing is they're saying, "If we sit in the center and one of the interfaces for voice control for the user to control their home, then we're only going to work with devices that we can communicate with and that we can control through the cloud," and quite frankly, what that does is it puts the burden back on the device manufacturer. You could actually say three if you threw Apple in there. I don't want to leave Apple out with HomeKit. But my point is that the device manufacturer now has to find a way that the end device can either communicate via standard TCP/IP network-based connectivity that we all know and love from a developer community perspective or they have to insert a hub into the equation that can handle that form of communication and then communicate over its own proprietary wireless connection, which is in the case of Philips Hue, it's exactly what they do. JEFF: I would draw analogies here to some people get really tired of this, particularly the real estate people of me talking about the iPhone but that kind of leap into and integrated piece of hardware and software. There were certain things happening in 2007 that didn't make the iPhone or something like it, something that might happen but something that had to happen. This kind of cold death to the universe that we could see with all of these walled-off ecosystems, go in their directions and iterating into a space to a nobody owns anything and nothing talks, I think Kasita is a solution to that to where we're looking like combine all this stuff under one roof and build a single user experience, much like not having to pull your Palm Pilot out of one pocket, you're Rio MP3 player out of another and you're your Razor or whatever it was out of the other like integrating into a single experience, rather than a sort of convenience, which is what a lot of the IoT spaces right now in these walled-off ecosystems. CHARLES: That actually makes a lot of sense and clarifies it in my mind quite a bit. It clarifies one thing but then, immediately raises new questions. When the iPhone first came out, you had a set of basic integrations between your MP3 player and your web browsing and your calling and calendaring, so and so forth. Then, I don't know what was it like, a year and a half later, they actually came out with an SDK so that you could actually develop apps -- third-party developers could actually develop. Sell and distribute in apps -- to the iPhone. We're all really happy with the way that worked out. I guess my question is does this analogy carry forward then also for Kasita? Is there a future where you have third-party developers who are actually selling integrations or apps that would run on this integrated IoT product that is Kasita or am I stretching the analogy too far? JASON: I think the analogy is good with the exception that we're not looking to control the entire IoT ecosystem in a way that Apple maybe had look to control the mobile phone ecosystem with providing all of that in one box and the iPhone. We want to work with numerous hardware providers and even from that perspective, numerous folks that want to provide interfaces into our system. As we develop an architected Kasita technology system, we've taken an API-first approach and that's allowed us to build our user application layer right on top of that API but in the future, we see the opportunity to work with third-party developers to extend that, up on that and build their own interfaces to the end user. Then on the other side of the equation, if you think about what's actually controlling the devices, we're architecting that system in a way that a hardware manufacturer could take an SDK and add Kasita support for their product directly in and make it plug and play when it gets to the Kasita. We definitely see the opportunity, Charles to reach out and allow everybody to be part of this. We consider it quite frankly, a necessary thing. But we don't also want to pretend that we would look to control the whole ecosystem because we just don't have that level of scale, if you will. JEFF: And you know -- CHARLES: Not yet. JEFF: Yeah, and we try to keep our ego in the dumpster, so to speak as well. CHARLES: What would a third-party app even look like in the context of Kasita? Have you thought of like what are some things that you might be able to do? JEFF: If you don't want to call it directly an app, I think the first stage -- Jason and I haven't talked about this -- maybe more like an Alexa Skill to where you can have the Kasita do certain sets of tasks around a particular experience, which we're already building into the system the idea of moods but I don't know in terms of apps. JASON: Yeah, it's actually a really good idea. Even though we haven't talked about it, it always scares me a little bit when my boss is coming up with ideas on the fly that we have to implement but -- JEFF: But actually we will have our first -- we're going to call it a skill app, a Kasita skill app. We'll be releasing that say, October 1st. CHARLES: You heard it here first, folks. JASON: To take Jeff's idea a little further, I think that is an interesting concept when you think about the Kasita as being an end product and you provide interfaces whether it's the ability for people to write skills that tie into the Amazon Echo or an IFTTT-type capability. The Kasita, as a whole can be controlled -- all the lighting, the sound, all the different temperature, etcetera -- so now you're asking end users to write skills, to control the entire state of the building or of the home and not just doing it on a one-off basis writing skill to turn this light on and off or set the thermostat to this level. You basically box all of that together and make it much easier for people to get from Point A to Point B through our system. JEFF: Could you say that we're turning the entire Kasita into a board for people to play with, like treat the Kasita as your breadboard? JASON: I think there is some opportunity for that to the degree that will allow the user to have that much flexibility on the hardware side. I think it is still up for question but I think there's a lot of opportunity there, Charles and not only inside of the Kasita but then you can begin to see other applications as Kasita begin to multiply and people use them from many purposes. Let's take a sample of somebody owns 10 Kasitas and they use them as Airbnb properties and they allow users that live in Kasitas to come in for a short period of time into their Kasita and bring their Kasita profile with them. Immediately, they can make the Airbnb Kasita feel exactly like their Kasita feels when they're at home. Those are some interesting opportunities and ways that we see this technology potentially evolving. CHARLES: So it will have the same moods, the same behaviors. Any customizations or third-party extensions would also be in effect provided they were software-based? JASON: Yep. CHARLES: That would actually be quite amazing. I guess the other question I have in terms of hackability of Kasita is we're very interested in the IoT space and very interested in these products and we have some side projects here at Frontside also like I do a bunch of hobby stuff at home, where I try to integrate a bunch of these things. But one of the things that I really like about what you all are doing is that it's very much 'omakase' in the sense of there's an option of 10 smart locks, there's an option of this thermostat, there's an option of a million different devices but what we've done or what you've done is selected ones that we know are going to work well together. We've built the software, the control systems, both computer control systems and human control systems to get them to work together as a cohesive product. I would love to do is say, "I would just like to buy that product for my house," even though my lame tinkerings with smart switches, smart locks and audio controls and lighting, which are fun and gratifying the first few times but they don't really play nice together, give you that super sweet feeling. JEFF: This goes to the overall philosophy of Kasita. We want a turnkey, one-click housing solution. Not only for finding you a place to rent so that you're not fishing around on Craigslist for roommate or having to pay some outrageous fee in New York. You don't have to go mattress shopping. At some point, you should just have to show up with your iPhone and your toothbrush. When you start thinking about the technology inside, it's almost like folks don't really care what kind of Foxconn chip is in their iPhone or even if it was Foxconn that put it there, they just want it to work and they want it to be seamless and turnkey. It sets up a whole philosophy around, not only our smart kid in the Kasitas but it shouldn't even be a smart kid anymore. At some point, it should just be an experience so ultimately, what sort of UX inside of the Kasita are all of these things bringing you. I shouldn't have to really look at a blue glowing dot that lights up every time I walk by it to be at a comfortable temperature in my house. I shouldn't need a black tube over on my desktop that I yell commands at. I just talk or it should anticipate those actions. That's a future that I look forward to in Kasita to where we move away from having to tinker with devices and even knowing what those devices are to a true-like depth of experience. CHARLES: I like that a lot. Now, one thing that we haven't covered. We touched on it a little bit at the very beginning of the show when we talked about people feeling in control and feeling like they're truly the owner of the space is the issue of privacy. Obviously, there's a lot of a user's behavior that's going to be passing through software channels as their intentions move through the devices in the Kasita. Of course, all of these devices, they have their own ecosystems, their own vendors so how do you ensure that people's data is going to be protected, especially as it moves through potentially a bunch of different public clouds. JEFF: Yes, we gave a lot of thoughts to this. Actually, Jason put me on to this book called 'Data for the People' by Andreas Weigend. We took some inspiration on that, from that and set out on what we call it the four cornerstones of this future of the connected home. Those are agency, transparency, security and then the actual benefit that you get from this home. I gave a talk at South by called, 'The final frontier of AI is in your living room.' If that isn't black mirror, creepy enough to attract enough people, I don't know what is. In that talk, I won't take them out of order. First, we need to make sure that we're focused on transparency. Do people know what's actually being collected on them? I've been toting around my iPhone for 10 years. I'm pretty sure they know everywhere that I have been since then. I'm not really all that sure. Second, agency. Can I actually do something about it? Are we allowing people the ability to switch off, switch on, control where that data goes? Then third, security. Are we providing another level of security above what you would get out of the box? I'll let Jason talk about that in a minute. Then, the last is benefit. Am I getting ads? Am I getting a slightly better news feed focused on ads or am I getting my rent subsidized? Am I getting a better user experience, better sleep within the connected home? Those are the ways that we think about that in a bigger level. CHARLES: Is the idea that there's no benefit than it's exploitative? You want to make sure that there's benefit? JASON: Yeah, I think that onus is if you taking individual data and using it, then the onus is on you as a data collector to try to provide benefit back to the end user. If you can't do that, then I think the question should be why are you collecting the data in the first place? our goal is really looking at it from the perspective of if we know when users are turning lights on and off and what they're setting the temperature in their house to and when they're going to sleep at night, when they're waking up because we know when they turn everything off and turn it back on -- JEFF: Or where this things on the floor are from the vacuum robot. JASON: Yeah, exactly. If we have insight into that information, how are we taking that information and combining it in a valuable way that benefits the end user? I think that's the first question that we have to ask when we start looking at the data that we're collecting. But at the same time as Jeff said, that data collection really has to be based on this notion of agency, transparency and privacy or security. An agency is simply I have control over whether my data is collected. Transparency, from the perspective of I understand how my data is being used and where it's being sent and then of course, security, I know that my data is being securely transmitted and stored. When you think about security, we spend a lot of time thinking about not only the data at rest -- once it's been collected is it properly being stored and encrypted and protected -- but then how is that data being transmitted and are we putting the proper fail safes in place to make sure that somebody else can easily gain access and take control of my home and of the things that are important to me by finding back doors into the system and ways to breach them? Those are the cornerstones that we think about and we put first and foremost in our mind as we build out our architecture, build out our system and as we begin to take that data and to turn it back in useful and interesting ways for the end user. CHARLES: I think that's really important. I think it's a great comfort to hear that you all have a framework for thinking about this so that it's going to be integrated into every aspect of it. I think it's just so important, especially when it's something as critical as the space in which you're living. It's good to hear that it's not just an afterthought but that it's something that's been integrated from the start. Well, Jeff, Jason thank you guys so much for coming by and talking with us. I really think that Kasita is an exciting product and I think that it was an exciting project, certainly for us to get to work on, even though we were only seeing a very small sliver of it. We still got to perceive the whole enchilada that you guys were working on and see that just what a unique startup that really is, not just you're moving outside of software, integrating a bunch of different devices, integrating that with a unique home that's going to be designed, architected, manufactured and then thinking, then even rolling it up a degree further about how is this going to be integrated into the urban spaces in which we live. I hope that we see more startups that really engaged all those different disciplines. I think that with the technological changes that are happening, that's more and more a possibility. The price on software, the price on materials, the price on these smart devices is all coming down so it really enables people to take on scopes that might have been just completely impossible, even with someone who's overly optimistic. I hope that people look to it as an inspiration and it really was a great project for us to work on. I also understand that if someone does want to jump into this space and get involved, you all are hiring. JEFF: That's right. We are hiring for a broad range of positions. We're expecting to be doing a lot, more hiring soon. You can go to Kasita.com/Work and at the bottom of the page, you can also see that we have an open house here in Austin every Thursday morning from 9:30 to 11:30. The folks can come in and check out the crib. CHARLES: All right. Fantastic. I certainly really enjoyed getting the tour the space, what was that? Back in March? When you revealed the baby units? JEFF: Yeah, it was March at South by. CHARLES: Yeah, it's really something to see. If you are in Austin or you live here, take the time, go see it. It's really cool. With that, I guess we'll wrap it up. Thank you everybody for listening and as always, you can get in touch with us at @Frontside on Twitter or Frontside.io or send us an email at Contact@Frontside.io. Thank you all and see you next week.