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Simply Steamboat

THE GOAL:

How I went from burnt out property management to feeling fulfilled in my career (while increasing growth 300% after a stagnant period).

THE CHALLENGE

I’m the kinda gal who needs to make things happen. When business feels stuck, I know that something needs to shift. That’s where I found myself in 2017.

I had achieved 100% growth over two years, growing Simply Steamboat from 25 to 50 units. As a result, I went into full-on operations mode to keep up with the work.

 

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Despite being so busy, we didn’t grow much over the next four years.

I wasn’t able to propel the business forward and create big changes because I was too involved in the day-to-day operations.

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I became burnt out. After a while, the work lost its spark for me.

I felt bored despite working so much. Like I was spinning my wheels and getting nowhere.

I was bogged down in the minutiae of the business. I’d taken on too many details that could have been carried out by my capable staff.

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My strengths didn’t match my work anymore.

I wanted to feel excited about business again, but I didn’t know how to get there.

I needed to align my strengths to the work I wanted to do. That’s when I realized that I was most in my element during the growth phase.

THE SOLUTIONS

How I shifted my perspective—and transformed my business.

Once I realized that Simply Steamboat needed to shift back into a growth phase, I knew I needed a mindset change.

So I hired a coach.

I learned how to effectively delegate. (Which is so much more than simply passing off tasks to someone else. It involved empowerment as much as it did reorganization.)

I got clear on my goals: professional, financial, and personal. I integrated each of my goals so that they would work with each other, rather than in opposition.

I spent time becoming aware of how I work, and how I feel when I work. This awareness became my compass. It guided what I did, and how I did it. It helped me make decisions.

How I helped my team to grow.

I created an environment of growth for my team, the owners, and even our guests.

I helped team members work to their strengths (and hired them to fill the holes).

I was able to implement big ideas. I finally had the energy and enthusiasm to do the work that lay ahead. And I still had time to fulfill my personal goals.

Everything shifted.

When all of my goals were aligned and working together, the business took off.

At that time, I had the opportunity to sell Simply Steamboat to a large property management company, and stay on to continue to grow the business.

I did just that.

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  • Purchased Simply Steamboat in 2010.

  • Grew from 25–50 units by 2012.

  • Period of burnout

  • Then experienced sloowwww growth from 2012–2016.

  • In 2017, I transformed how I do business.

  • Within a two year period...

I grew the business 300% to 150 homes under management by 2018. (And from 10 employees to 45.)

Employees were empowered and engaged, owners were happy, and guests were pleased.

Once I shifted my mindset, I was able to make changes across the business that pulled us out of the rut we were in and catapulted our growth. As a result, we built a solid reputation for Simply Steamboat.

 

I had purchased a business and successfully sold it within a few years, smoothly navigating our growing pains while fulfilling my career goals to do work I love.

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If you find yourself in a stagnant, uninspired rut like I was, or if you simply want to break through the constraints in your own property management business, I can help you.

Book a call to find out how we can collaborate to move the needle in your business.