Multifamily investing is a team sport. And choosing the right partners and team members is critical. But how do you go about determining who is a good fit for your organization and who isn’t?
On this solo episode of Financial Freedom with Real Estate Investing, I discuss the importance of figuring out what you stand for and then using those core values to make decisions in your investing business.
I walk you through the process of determining your core values, explaining how to choose your themes and translate them into easy-to-memorize headers.
Listen in for insight around our core values here at the Michael Blank organization and learn how to get clear on your own values and use them to find the right partners and team members for your investing business!
Key Takeaways
The importance of identifying your core values
- Find quality partners and hire team
- Use to make important decisions
Our core values here at The Michael Blank brands
- Make a difference
- Do what you say
- Do your best
- Get stuff done
How to identify core values in your organization
- Themes
- Header
- Descriptive
The themes we chose at The Michael Blank brands
- Integrity
- Excellence & Accountability
- Teamwork & Contribution
- Efficiency & Hard Work
How to translate your themes into headers
- Sticky, user-friendly words and phrases
- Easily memorized and recalled by team
How to expand your headers into descriptives
- Describe what core value means
- Clarify in 4 to 8 detailed sentences
Resources
Radical Candor: Be a Kick-Ass Boss without Losing Your Humanity by Kim Scott
Who: The A Method for Hiring by Geoff Smart and Randy Street
Register for Michael’s Deal Maker Bootcamp
Learn More About Michael’s Mentoring Program
Join the Nighthawk Equity Investor Club
Financial Freedom with Real Estate Investing by Michael Blank
Apartment Investor Network Facebook Group