“There are only two directions; you’re either growing or you’re dying. There ain’t no third direction.” (Tommy Callaghan, Sr. in “Tommy Boy”)

Business can be a funny thing; one is never allowed to be satisfied. If you start a company, grow it, and begin to earnings it, then that’s good, right? Isn’t that the theory? I thought it was, at the very least.

However, it genuinely isn’t in case you see the news, view tv, or attend any business get togethers. The things that people need to talk about are:

What are the growth figures when it comes to revenue? Projected in the market to 2015?

Is your social websites and digital strategy sound? Have you made enough time and financial investments?

Have you considered geographical expansion? Franchise? my blog ?

And all night and so on. There apparently isn’t a downtime allowed! If you sit pat, you’re destined to fail. You must take the celebs of worldwide domination! The purpose of making money is usually to reinvest it! Get on it! Get bigger! Now!

So rapid growth is left because only option, if you do not need to be considered a “burned-out” property manager. If you choose to pursue slower, organic growth, you could be called “uninspired”, a “non-visionary”, and lazy. No one writes articles on business owners who stay the course! Those stories got chopped out at the beginning of the editing room. But despite many loud naysayers to the contrary, staying the identical is undoubtedly an extremely viable option. It’s just the “keeping on, keeping on” strategy. Nothing is wrong with that!

But what about in case you are actually “uninspired” now? You are burned out! You are a property management company owner (or real estate professional) who doesn’t desire to deal with the organization anymore. You are looking to escape and sell out. How would you make this happen?

You could engage a business broker to discover somebody who wants to add property management on their real-estate brokerage company, or perhaps really wants to own a stand-alone property management company. These instances are pretty rare as well as the business broker would truly be earning their cash if they found someone who will get your smaller firm (under $1M in revenues)!

What is much more likely is you would sell your management accounts to another property management firm. For example, I received a letter yesterday from one from the largest property managers in town; this letter was undoubtedly shipped to every property management company in your community. The letter inspired to buy inside the property management accounts we had.

In mergers & acquisitions speak, these were employing a typical roll-up means of buying up every smaller company in the region to accelerate their growth. They had no fascination with our systems or procedures; they simply wished to throw our management clients to their management machine. This would be a fast way for these to grow rapidly. It also will be a quick opportinity for “uninspired” property managers to move out with the business making some quick money away from their company. A true win-win? Possibly!

To grow, stay, or go- it is a personal decision that must not be the consequence of other’s expectations. There are options available whatever your company’s strategy is!