Assisted Living Investing

How To Train Your Managers For Your Assisted Living! - Gain Financial Freedom Through Our Management System! - Ep 37

March 15, 2024 Brett Chotkevys Season 1 Episode 37
How To Train Your Managers For Your Assisted Living! - Gain Financial Freedom Through Our Management System! - Ep 37
Assisted Living Investing
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Assisted Living Investing
How To Train Your Managers For Your Assisted Living! - Gain Financial Freedom Through Our Management System! - Ep 37
Mar 15, 2024 Season 1 Episode 37
Brett Chotkevys

In this episode, Brett Chotkevys talks about training your managers for your Assisted Living. As he’s talked about in previous episodes, his managers are one of the most important components of his business model. By having a two-manager system, Brett ensures that he never has to deal with the day-to-day work in his Memory Care Mansion. In fact, Brett and Laura only have to work about 4 hours a week, making their Assisted Living business almost passive. In this episode, Brett walks us through the steps he takes when training a new manager. 

There are three main categories that most tasks a manager has to do fall under. Those three categories are resident operations, staffing operations, and outside services. Brett walks his new managers through each of these categories to make sure they get them down perfectly. Brett also mentions how important it is that you know how all of these systems work yourself to best be able to teach your manager. By having amazing managers, Brett can work as an owner and not an operator, giving him more time to scale up his business. To learn more about how Brett trains his managers and learn all the additional systems and tasks that a manager needs to learn, give this episode a watch!

Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.memorycaremansion.com

Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay

Show Notes

In this episode, Brett Chotkevys talks about training your managers for your Assisted Living. As he’s talked about in previous episodes, his managers are one of the most important components of his business model. By having a two-manager system, Brett ensures that he never has to deal with the day-to-day work in his Memory Care Mansion. In fact, Brett and Laura only have to work about 4 hours a week, making their Assisted Living business almost passive. In this episode, Brett walks us through the steps he takes when training a new manager. 

There are three main categories that most tasks a manager has to do fall under. Those three categories are resident operations, staffing operations, and outside services. Brett walks his new managers through each of these categories to make sure they get them down perfectly. Brett also mentions how important it is that you know how all of these systems work yourself to best be able to teach your manager. By having amazing managers, Brett can work as an owner and not an operator, giving him more time to scale up his business. To learn more about how Brett trains his managers and learn all the additional systems and tasks that a manager needs to learn, give this episode a watch!

Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.memorycaremansion.com

Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay