The secret isn't working more hours—it's working on the right things, like delegating tasks and building a company that works for you.
Are you getting in your own way with your property management business? Honestly, it’s something most business owners don’t realize until it’s causing real headaches. There are signs to watch for, including lots of complaints, negative feedback, or just feeling drained and low on energy.
If managing your business is wearing you down, it’s time to figure out what you should be handling—and what you shouldn’t. Here’s what I recommend practicing as an owner:
1. Review your books regularly. You don’t have to do the bookkeeping yourself, but you need to stay involved enough to understand your finances.
2. Be ready to have tough conversations when necessary. You won’t have to do it all the time, but being prepared is key.
"Owning a property management business means leading, hiring, and growing your company."
3. Delegate tasks like marketing to experts who can handle them better, so you can focus on your strengths.
4. Define your role clearly and find your sweet spot where your energy and attention make the biggest impact.
For some small companies, one person does it all. If that’s you and you could easily work somewhere else for about the same pay, then you’re probably just doing a job. The key is to learn how to lead instead of just doing the work.
Remember, owning means leading, hiring, and growing your company. If you have any questions, feel free to call me at (210) 802-9959 or send an email to info@peaceofmind.co. I’d love to talk with you.