With Todd Eagle ( Goldman Sachs ) Matthias Lucker ( chairman Freo Group ) Jean Romain ( Colony Capital ) Imdat As ( Founder Arcbazar) Emmanuel Lumineau ( Founder Brickvest ) @ Harvard’s Leadership and Entrepreneurship : Transforming the Real Estate Realm 2016
Oct 10, 2016 milestone – I’m here ! Harvard Business School for its Real Estate Program.
I almost repeated freshman high school, almost failed architecture school. And now I am in Harvard.
Dont say never- just say Not Yet.
Here are some photos of the recent event “The Real Estate Professionals’ Summit: Digital Lead Generation Boot Camp” by Carl Dy held at Cravings Restaurant, Fraser Place Makati last June 28 with Lamudi, where Carl Dy was invited to speak about How to Sell to the High Net Worth.
Taken from: http://www.entrepreneur.com.ph/run-and-grow/to-motivate-employees-find-a-balance-between-job-enrichment-and-job-enlargement
By Jason Kulpa |
To uncover the influencers of employee motivation, satisfaction and dissatisfaction, psychologist Frederick Herzberg conducted a series of studies and stumbled across a fascinating discovery: The contributors to job satisfaction and dissatisfaction aren’t related. In other words, fixing problems or establishing a positive work environment won’t translate into more satisfied employees; it just means they’re no longer dissatisfied.
Herzberg concluded that true employee satisfaction rests in a fulfilling job experience – more commonly known as job enrichment or vertical job loading. Employers who deepened their staff’s knowledge through programs or benefits promoting achievement, recognition, responsibility and advancement had the happiest, most productive workforces. They also had more cohesive work cultures, increased company loyalty and more motivated teams.
To enrich the work experience and instill motivation in your employees, implement these five practices into your organization:
1. Find a balance between job enrichment and job enlargement.
A growing business will inevitably require you to expand your employees’ duties and responsibilities, known as job enlargement or horizontal job loading. While some thrive under a heavier workload of diverse tasks, others prefer more intensive and challenging tasks. It’s important to understand where your employees fall on this spectrum so you can balance the duties and enrichment opportunities effectively, keeping everyone satisfied and motivated to go the extra mile.
2. Initiate career development discussions.
Establish collaborative, cross-departmental discussions about the types of enrichment opportunities that employees feel would be most beneficial to them and their co-workers.
At Underground Elephant, we hold monthly lunches with an employee and an executive who don’t normally interact with each other. Because of our flat hierarchy and emphasis on collaboration, employees are encouraged to ask questions about the company, discuss career road bumps and successes and gain new insights into the business. This establishes a level of transparency and accessibility for employees to understand company decisions and gain new perspectives.
3. Offer continued education and training opportunities.
Offering continued education, training, mentorship and/or tuition reimbursement can be highly beneficial to you and your employees. Employees appreciate the opportunity to broaden their skill sets and improve their standing in the company. And you gain a well-trained and adaptable workforce as a result.
Establish guidelines for educational and training opportunities that your company will cover. Collaborate with local colleges or professors to set up informational sessions to give your employees an idea of the opportunities available to them.
4. Implement cross-functional training.
Begin a cross-functional training program that enables employees to learn skills and business strategies from other departments. This will give employees a clearer understanding of how their work fits into the company’s broad business objectives. Because this approach leverages talent from within your current workforce, you will spend less on outside recruitment to fill vacancies, including temporary positions for employee vacations and leaves of absence.
5. Hand over some responsibility.
When employees feel trusted and valued by their employers, they gain an enhanced sense of purpose, motivation and responsibility. Demonstrate trust in your employees by stepping away from the supervisor role, giving individuals more responsibility over projects or departments and training them to take on managerial duties.
As you plan your company’s next step for financial and physical growth, don’t neglect to consider your team’s personal and professional growth as well. Strike a balance between increasing job responsibilities and job enrichment opportunities. This is the key to keeping your employees satisfied, motivated and focused on success — both for themselves and their company.
Copyright 2015 Entrepreneur Media, Inc. All rights reserved.
This article originally appeared on Entrepreneur.com. Minor edits have been done by the Entrepreneur.com.ph editor.
Main photo by Miguel Nacianceno
In our previous article, I gave some tips on identifying the target market for your condo unit. Once this has been done, the next step is to furnish or renovate your unit. Should you fully furnish it or leave it bare? If you decide to furnish, what furniture and appliances do you include? Do you hire the services of an interior designer or just decorate it yourself?
Personally, I would advise on fully furnishing your unit. Although there are tenants who would be bringing their furniture with them, I believe the market requiring fully furnished units is still bigger.
Furnishing Your Unit
Normally, a tenant will avoid buying big appliances as these can be difficult to move, so it is best if the owner buy these items. These may include the following: air conditioner, washer/dryer, refrigerator, stove/oven/cooktop, microwave oven, bed & mattress, curtains, lighting fixtures, side tables, cabinets and drawer, and television set. If you would like to make your unit more irresistible, you may go as far as putting in a nice sound system, Ipod dock, wifi router, rice cooker, kitchen and dining utensils, lazy boy seats, king size bed, and others.
I would suggest that you hire an interior designer to help create your unit’s design. Good designers not only create attractive and tasteful designs, but know where to purchase the right furniture and accessories at the best price. It is also best that you sit down with your designer and agree on the design theme for the unit. This saves time on site inspections and helps prevent problems or misunderstandings.
If you have design taste and time to spare, here are some tips to help you create your unit’s unique look:
1. Decide on a theme – Will you go Asian, European, modern, funky, classical , or Oriental? it is important that you stick to one theme. Self designed units have a tendency to have too many elements. Have a central focus on your unit. This can be a beautiful painting or artwork that complements your unit’s design and adds unique flavor or character.
2. Make it unique – In order for your unit to stand out and be a cut above your competitors, have at least one market differentiator in your unit. Some examples are: an expanded toilet, and a large LCD or LED TV with surround sound system for the male target market; or a walk-in closet and well-lighted dresser with glasstop drawer for your female market.
3. Provide plenty of storage – A secret to keeping your tenants happy and staying in your unit is to provide plenty of storage for their personal belongings. Unless another unit will have similar storage space, it will not be easy for your tenant to transfer to another unit. Maximize space by creating cabinets under beds, shoe cabinets, and floor to ceiling cabinets in the toilet or closet.
4. Think of tenant comfort – Always have your user in mind when you furnish your unit. Design your unit in a way that you will personally be happy living in it. As much as possible, avoid buying appliances or furniture based on low price alone. Consider durability, ease of use and whether it adds beauty to your unit. Give your tenant something to look forward to when they come home. How about an automatic washer/dryer? A nice cooktop, deep fryer, espresso machine, high thread count Egyptian bedsheets are just some suggestions for you to consider.
5. Focus on quality and durability – When buying furniture and furnishing materials, give priority to products that will last. Having this is mind will help save you on future expenses. Good quality furnishing will also look better and add more value to your unit.
Furnishing a unit can take from as fast as one week (for quick renovations, where you just buy off-the-shelf furniture), to as long as 6-8 months if you obtain the services of an interior designer and a contractor to execute the drawings. Made to order furniture, ceiling works, repainting, and change of flooring can also add to the length of your renovation.
In my opinion, furnish your unit to the best that you can afford and to the quality that you personally will be happy to rent the unit. If you provide a well designed unit and make your tenant comfortable in their stay then rest assured that you will get tenants who will return the favor by taking good care of your unit and renew their lease contracts.
Carl Dy, is a property investor and Director for Sales at one of the Philippines leading developers. He has 10 years of experience in the property business, and is continually building up his property portfolio with an ultimate goal of living on passive income from property. He believes that property investment, just like business is not an automatic money generating product. One must have a passion for it, create and execute a strategy and give time and effort for the investment to flourish. For tips and advice, feel free to contact him at firstname.lastname@example.org
The old saying “What you sow is what you reap” , is an age old saying that has been used in the olden days and still holds till present day internet age.
Here are some things we can learn from farmers
1. Farmers have vision – they have a clear vision on what their land will be after a few months of cultivation it, you will hear stories about their crops when harvest time comes. Salesmen should have a picture of where they want to be,
2. Farmers know their Market – before they plant, they have identified where to sell their produce so it can be traded for goods or money. It is very important for salesmen to know who and where to sell your products to.
3. Farmers sets the groundwork – before the first seed is planted, farmers makes sure the soil is fertile, and the soil is ideal for the seed to grow. Product knowledge is the groundwork for salesmen, before you make your 1st sales call, make sure you have your presentation materials, pitch and data on hand
4. Farmers understands their crop – farmers are the expert of their crop, they know when it bear fruits, what pests attacked it, how weather can affect their crops. Salesmen should before anything else be an expert of his product. Knowing all the strength and weakness of the product he is selling
5. Farmers are focus – Once a farmer goes out into his field, it is just him and his crops – salesmen should learn to take away time traps during work hours
6. Farmers are patient – they know that daily watering, weeding, pruning is needed so that itll be healthy when harvestime comes. Salesmen should learn to give their efforts, take care of their prospects and
7. Farmers protect their crops – from weeds, pests, salesmen should also take care of their clients and not let a competitor win over their clients
8. Farmers pray – farmers pray to their God to take care of their seeds and
9. Farmers knows the right time for harvest – if a crop is harvested early, the crop is no good. Salesman should learn the right time to go for the closing
10. Farmers don’t linger too much after the harvest – they move straight back to preparing the land for the next planting
For those who would like to consult with Dy for guidance and advice regarding property sales, you may email him at email@example.com or call him at 0917 5316310. He’ll be glad to give you free advice.