Pay or Quit
Welcome to Pay or Quit, the podcast for entrepreneurs and business owners who are ready to face the unfiltered truth of what it takes to succeed. Hosts Shawn Austin Johnson and Tony Cline, bring you a show that goes beyond the polished success stories and dives into the real, messy, and often challenging aspects of business ownership.
This podcast is designed for those who sometimes feel alone in their entrepreneurial journey, struggle with imposter syndrome, and find themselves on the brink of burnout. We understand the highs and lows you face, and we're here to provide the reassurance and candid insights you need to keep pushing forward.
Shawn and Tony aren't afraid to tackle the tough conversations and offer their seasoned perspectives on what truly matters in business. From industry trends to personal challenges, each episode cuts through the noise and delivers the raw, unvarnished truth. Expect in-depth discussions, spicy takes, and occasional interviews with guests who are ready to confront the hard questions head-on.
Tune in every week to get a behind-the-scenes look at the realities of entrepreneurship. It's not always pretty, but it's always real. Buckle in, because it might get messy.
Pay or Quit
S1: E3 The Worst Property Manager, How Fee Maxing Ruined Property Management
To see if you're a fit for Shawn's exclusive Generational Wealth Framework for PMC owner's program: Schedule here
In this episode of the "Pay or Quit" podcast, hosts Tony Cline and Shawn Johnson dive deep into the world of property management. The episode kicks off with a discussion on the critical importance of timing when introducing value-associated fees in property management, setting the stage for a broader conversation about industry practices.
After warmly welcoming listeners and sharing their excitement for the episode, Tony and Shawn introduce the main topics: the impact of fee maxing on the property management industry, the worst kinds of property managers, and their recent book reads. They argue that fee maxing, or the practice of maximizing fees without adequately increasing value, has damaged the industry by pushing landlords and tenants away.
The hosts propose a balanced approach of "value maxing," focusing on increasing the value delivered before raising fees. They share personal stories and business strategies, highlighting practices like tenant home tutorials that add value and justify higher fees.
The episode also features a lively debate on who makes the worst property manager, with the "opportunistic real estate agent" taking the top spot. Additionally, both hosts share their top book recommendations, including titles that provide insights into business strategies, personal growth, and cultural analysis.
The podcast wraps up with teasers for upcoming episodes, promising discussions on topics like triple ties in trademarks and the benefits of real estate investing.
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Blue Ocean Strategy by Chan Kim: https://a.co/d/5GGAus6
Free to Focus by Michael Hyatt: https://a.co/d/eo4sRh6
Black Rednecks & White Liberals by Thomas Sowell: ht
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Tony's Newsletter: pmsuccess.com/pay-or-quit-podcast
Follow Shawn:
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Website: https://www.shawnaustinjohnson.com/
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Website: www.pmsuccess.com
YouTube: https://www.youtube.com/@pmsuccess-co
