Chapter 5

Will the new place drag the old one down?

Mở chỗ mới có làm chỗ cũ tụt dần không?

The chapter's question

How do I know both places are serving at the same level?

Big idea

After opening, the hardest part is not the new place but keeping the old one from slipping.

In this chapter

  1. Part 5.1

    Three Weekly Numbers

    Which three numbers do I look at each week for each property?

  2. Part 5.2

    Staff Working Both

    What does working across properties help, and what does it complicate?

  3. Part 5.3

    Why the First One Slips

    Once I am there less often, what changes at the original place?

  4. Part 5.4

    When to Stop Adding

    Which number tells me not to take on more?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of A Second Property, or Managing Someone Else's is free to read right here.

Read in Conan School

Chapters of A Second Property, or Managing Someone Else's

  1. 1.If my first place still needs me daily, why expand?
  2. 2.Can my first success be copied somewhere new?
  3. 3.Managing others' properties: easy money, or borrowed risk?
  4. 4.If we trust each other, why a tight contract?
  5. 5.Will the new place drag the old one down?