Every successful investor has a core of people around them. Whether you close a deal a month or a deal a year there are a handful of team members essential to your success. How you work with them will often influence just how strong your business is. There is a fine line in any business between giving your team space to work and driving to get the best out of them. By finding the right balance you will find your team will not only work harder but go out of their way for you when an unexpected problem pops up.
There is no question that a self-employed real estate investor is the leader of a team. You stand to make the most profit on a given deal, so you need to accept the lion’s share of the responsibility. The goal should be to work with your team, not against them. Here are five leadership mistakes every investor needs to avoid.
With a few easy tweaks you can change the way you lead and interact with your team. Not only will this make your life easier, but your business much more productive.