Key Lessons from ‘If I Had My Time Again’

July 20, 2018-#RealReach-Comments Off on Key Lessons from ‘If I Had My Time Again’

Through 2018, the first series of If I Had My Time Again ebooks and podcasts spoke with 26 leading Australian and New Zealand Principals.

Created by #RealReach, we wanted to understand the real journeys that these business owners experienced before they were big … and what they would do differently if they knew then, what they know now.

Co-Founder John Knight took the time to review each of the conversation, and extract:

5 Key Takeaway Lessons

  • Everyone in a business is a business – Think like one
  • Your systems are your machine – Transaction are your Widgets
  • Focus on what you are great at – Others can do the things you are not
  • Provide for the rainy days and understand the risk – Income is inconsistent
  • Willingness to share – Across all areas of your business, your peers are prepared to help

7 Biggest Principal Challenges

  1. “Make sure you know where you want to go and #why you’re doing it.” – John Cunningham
  2. “#leadership is a transition to go from being that person always in lights to someone where you’re putting yourself second for the benefit of your team.” – Paul Curtain
  3. “Understanding what individuals are going through, and developing a #businessmodel to enable them to improve. I think that’s what I look for in a leader.” – Martin Millard
  4. “I think if you’re doing it for the #money, you’re probably going to be better off being a salesperson .” – Ash Marton
  5. “It’s a #familybusiness – We had our kids up there in the office after school gluing photos onto brochures.”– John Cunningham
  6. “Setting up a real estate business from the outside looking in might look like an easy thing to do, but it’s actually not. You need a strong #workethic” – Ewan Morton
  7. “I made so many mistakes, and the fundamental mistake that I made was I thought I needed to know the answers to everything so I didn’t seek the right #support sooner.” – Megan Jaffe

Based on a series of presentations #RealReach ran with the Real Estate Institute of Queensland, you can also click here to download these lessons and challenges in printable slides.