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January Challenge, Post 1

By
Real Estate Technology with http://www.medicalandspaconsulting.com

Very timely to post this challenge as we enter 2025. It is a good time to look at our businesses.

To me, the first step of any plan for a business (new or existing) is to ORGANIZE. I ascribe to a concept of:

1. When I receive something, mail, email,  or text, I do one of three things immediately: throw it out/delete it, place it in an appropriate digital or paper folder for future use, or take immediate action.

This protocol keeps you organized.  

2. At the beginning of a year...between Christmas and New Years...I relax and decide WHO I will work with in the coming year and by consequence, WHO I will discontinue working with . I actually created a regression analysis to guide me because we are humans (until we are replaced - LOL) and we make decisions based upon emotions. This is rarely a sound choice and some "self automation" keeps you honest with yourself.

 

3. Decide how much and which automation you want to utilize. I increasingly find decent sized businesses with broken automations or customer service that is automated and terrible.

I recall fondly, John Travolta's line in Broken Arrow "Ain't technology grand"? Technology is great when it works properly....but it seldom does because developers and programmers do not test sufficiently.  They allow the Users to determine through complaints and comments what needs attention.

4. I prioritize the following areas of attention: (they vary from year to year)

  1. Marketing
  2. Sales
  3. Client Loyalty
  4. Innovation
  5. Leadership/Management
  6. Financials
Show All Comments Sort:
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

That time of year to get everything together for bigger and better things in a very real way…Good luck, Paddy!

Jan 02, 2025 10:27 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Paddy - prioritizing is a fine skill to hone any time and especially when new things are set to begin.  Good luck in 2025.  It seems like you have a strong foundation with your plan.  

Jan 03, 2025 02:57 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Paddy. Organization is the map of the journey you would like to take. Implementation and follow through will determine its success. Good luck. Enjoy your day.

Jan 03, 2025 04:04 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Paddy,

Following protocol means you first have to establish it and you have done a great job. It's amazing how much better we can work when we are organized! 

Jan 03, 2025 05:30 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It sounds like you have a really great plan put together and I hope that 2025 will be amazing for you!

Jan 03, 2025 05:31 AM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

The old adage "touch it once" is so true.  I am not as compliant to that adage as I should be. Your six areas sound quite familiar.  Thank you for your entry, and looking forward to your next ones. By the way I "love" the photo as I am a science fiction fan.

Jan 03, 2025 06:02 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Paddy,
I have to admit I have never heard the term "regression analysis", but I like it. I guess I did that without even knowing its official term, but not in an organized way. It was more of a time/value analysis.

Jan 03, 2025 06:24 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Nice post. As a real estate broker my first order of business it to schedule my vacations for the year. Sounds silly, but it allows me to make sure I schedule nothing else during those weeks. 

Jan 03, 2025 07:15 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Paddy and thank you for your blog for the entry in this challenge.  Make it a great day!

 

Jan 03, 2025 08:33 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
The best agent in Southern Utah!

Makes perfect sense to keep what is working and toss the wasters of money and time, Paddy. Wishing you much continued success in 2025!

Jan 03, 2025 08:44 AM
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

Fine tune the well organized machine Paddy Deighan MBA JD PhD Nothing more, nothing less.  All the best

Jan 03, 2025 09:32 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thank you for sharing your insightful approach to organizing and planning for success in the new year, Paddy Deighan MBA JD PhD! Your emphasis on practical strategies and thoughtful decision-making will surely inspire others to streamline their businesses effectively.

Jan 03, 2025 01:04 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Paddy and Happy New Year! There is one thing I ask from gizmos I have and that is that they work. I want my car to start when I push START and my computer to boot up when I push the little button! I am the least organized when it comes to papers however very organized at tasks. 

At any rate, I love the term you have...regression analysis. I have done that with some of my friends. 

Jan 03, 2025 07:04 PM
Peter Mohylsky,
Property Management International-Destin - Inlet Beach, FL
Call me at 850-517-7098

Happy new years and yes technology is grand,  

Jan 07, 2025 05:30 AM