A short spoken segment emphasizing the value of gaining hands-on experience when scaling a property management business. The speaker advises trying approaches personally to learn faster, generate measurable results (e.g., ADR), and use those metrics as evidence when pitching management clients.
Just to get started and to gain that feedback. Because the. The best thing that we found is, or that I found personally, is you really gain the most knowledge and understanding of something once you actually get started and have skin in the game yourself. And it's also great for, you know, if you're pitching a management client and you're like, oh, I would do this and this. And they're like, oh, like, why? Well, you're like, well, I actually have done it at my own property, and we've achieved this level of results or this adr, and you have the metrics to back it. So, yeah, I think that's a really powerful component if you're looking to use that model to scale your management business.
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