🌟Building a successful property management company requires dedication and commitment.
💼Proper team structure and management are crucial for scaling a business.
💰Managing expenses, especially wages and supplies, is essential for profitability.
🏰Creating a luxury resort experience can set a property management company apart.
📚Sharing knowledge and educating others in the industry can be rewarding.
What challenges did Jamie face as a business owner?
—Jamie struggled with feelings of isolation and the pressure of being solely responsible for the success of her company.
How did Jamie start her property management company?
—Jamie started by converting a barn into an Airbnb and gradually expanded her business to include more properties.
What are the major expenses in property management?
—Wages and supplies are the biggest expenses in property management, requiring careful management and budgeting.
How did Jamie handle the rapid growth of her business?
—Jamie had to adapt her team structure and ensure her employees were not overwhelmed, while maintaining the quality of service.
What are Jamie's future goals for her company?
—Jamie aims to own a commercial property under Be Still Getaways and dreams of writing a book about the secrets and experiences in the short-term rental industry.
00:00Jamie shares her struggle with the feeling of isolation as a business owner.
01:13Jamie explains her journey from working in higher education to starting Be Still Getaways.
05:53Jamie discusses the growth of her company and expanding into a luxury resort experience.
07:23Jamie reflects on the challenges of scaling her business and the importance of team structure.
08:00Jamie shares her lowest point in business and the relief of coming out on the other side.
