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- Jul 26, 2007
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At the promptings of Russ, I am making this a new post. Here it is:
Can one take a business that is currently run like an "S" and convert it not only into an "E" but into a fastlane "E"? If so, how? If the end goal is to get into the fastlane, does one need to start with a fastlane concept or can anything be turned into a fastlane concept?
Example: I own a small property mgmt company. Currently it is run like an "S". Our goal is to run it like a "B" in the very near future. We are making the shift by implementing systems which take us out of the loop. ...But this doesn't get us closer to the fastlane. Seems like the way to make this fastlane would be to franchise our systems. I have also decided to just suck it up and get my Broker's license. I will then open up a Real Estate Company and Property Mgmt Company. ...Might add loans into the loop as well. Still not fastlane though.
Russ asked the question: "why not look at what it is about your cabin rental that makes it slowlane? Or not fastlane?"
...Any other thoughts on how to take this business into the fastlane?
Can one take a business that is currently run like an "S" and convert it not only into an "E" but into a fastlane "E"? If so, how? If the end goal is to get into the fastlane, does one need to start with a fastlane concept or can anything be turned into a fastlane concept?
Example: I own a small property mgmt company. Currently it is run like an "S". Our goal is to run it like a "B" in the very near future. We are making the shift by implementing systems which take us out of the loop. ...But this doesn't get us closer to the fastlane. Seems like the way to make this fastlane would be to franchise our systems. I have also decided to just suck it up and get my Broker's license. I will then open up a Real Estate Company and Property Mgmt Company. ...Might add loans into the loop as well. Still not fastlane though.
Russ asked the question: "why not look at what it is about your cabin rental that makes it slowlane? Or not fastlane?"
...Any other thoughts on how to take this business into the fastlane?
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