Released less than a month ago, Bohemian Rhapsody, the story of Freddie Mercury and the band Queen, is already the highest grossing music biopic movie in history. And while Mercury was an amazing singer, it’s his strong business acumen that I most often remember. The man’s mind focused on solving problems, capitalizing on opportunities, and […]
I recently visited Magnolia Market in Waco Texas, the home & lifestyle store that supports multiple lifestyle brands by Chip & Joanna Gaines of HGTV’s Fixer Upper show, among many ventures. Chip and Joanna are beloved lifestyle entrepreneurs, with a home improvement empire that includes the Market, Magnolia Homes, books, the Hearth & Hand line […]
Serena Williams is now just a few matches away from potentially winning her seventh U.S. Open. She is an extremely talented athlete who has trained from her youth with the goal to play professional tennis. Last week, I saw this video featuring Serena and loved it. Nike released the video last week at the start of […]
For science fiction movie fans, Star Wars is a franchise that seemed like it could never fail. But Solo: A Star Wars Story has shown that the historic franchise can produce a flop, and provides several lessons that developers and apartment owners can learn from. Solo: A Star Wars Story has “only” garnered $210 million at the domestic box […]
Every management company owner has a different story about why he or she decided to start a business. Some knew from the outset that they would eventually work for themselves. Others come up with ideas while working for someone else and decide to take the entrepreneurial leap. Every owner will agree on one thing – owning your […]
When Bezos started Amazon on “Day 1,” the Seattle startup was mostly selling books online and building out its infrastructure. On that first day, he wrote a letter to early shareholders on his aspirations for the company, one he continues to attach to his annual letter today. It was Day 1 for both Amazon and the […]
I recently watched the movie The Founder on Netflix, starring Michael Keaton. The Founder is a compelling story about American inspiration, ambition and greed. Love it or hate it, McDonald’s is one of America’s most recognized brand names and greatest success stories. Its success is partly because of its ability to streamline its operations and give […]
Earlier this month, I was in New York City at the IMN Middle Market Multifamily Conference moderating a panel discussion for property owners who are considering creating their own management firms. As a partner in one of the industry’s larger outsourced accounting firms, I help clients make that decision every day. The discussion included some […]
Ascent Multifamily Accounting has formed a partnership with Updater, an integrated platform for move-in and property related services. The partnership offers Ascent’s clients up to a 33 percent discount for their residents to use the hugely popular move-in concierge service. Typical fees are $99 to $299 per year per property. “Updater is a great tool […]
Randy, a regional portfolio manager in a major market, was working long hours overseeing the operational and financial management of more than 4,000 units. He wanted more time with his family and more control over his income and schedule. After working for more than 14 years for major management firms, Randy considered starting his own firm […]
