Ikigai and the High Performance Playbook

Del Denney is a performance coach who helps business leaders, athletes, and other professionals to achieve better results. Most of his coaching sessions are conducted one-to-one or in small groups. I am one of Del’s clients, and his expertise has enabled me to increase my performance in the time since we met.

When I learned that Del was writing a book, I was excited because books are a great way for coaches to offer their thoughts to a wider audience. This article will discuss one of the concepts covered in Del’s High Performance Playbook, the Japanese philosophy of Ikigai.

Leaders Manage Risks

A few years ago, I was invited to speak to a group of entrepreneurs about my business war stories. My background includes decades of leadership in technology and real estate. Most of the questions from the audience focused on those areas.

At one point an audience member asked, “What do you say to people who consider entrepreneurship to be risky?”

“It is risky,” I responded. And then I shared a story about potholes and steering wheels.

Showbiz, Advertising, & Real Estate

Did I get rich quick in real estate? No, I did not. But I am now in the position to make my own decisions about how I spend my time, whether it’s on business, on Broadway, or watching my daughter graduate from kindergarten.

~Matt Picheny

Backstage Guide to Real Estate tells the apartment investing story of Matt Picheny, an entrepreneur with an eclectic background. His resume includes time as an actor, digital marketing expert, and advertising exec. Today he runs Picheny, LLC, a real estate private equity firm based in New York City with holdings around the USA. Picheny wrote the book to document his journey and to show others how they might follow his path.

Inspired By Success

It is exciting to be inspired by success. Whenever I notice a business executing well, I ask myself this question: “How can I emulate this level of excellence within Bridgetown Partners?”

Recent inspirational experience: Restoration Hardware in Nashville, Tennessee.

What Is Asset Management?

We once found a $10,000 charge for a plumbing expense that was not for our property (even our manager missed it). Had we not audited our financials on a monthly basis, we would have been responsible for that expense.

-From the book Best in Class
by Kyle Mitchell and Gary Lipsky

A successful commercial real estate syndication firm will build a team to handle the three main segments of the business:

• Acquisitions. Finding and buying investment properties. Working with brokers and sellers to negotiate workable terms.
• Capital Raising. Bringing in equity partners who will participate in the purchase of the property.
• Asset Management. Creating a business plan for the property. Holding everyone accountable to ensure that the plan is well-executed.

The book Best In Class focuses on asset management.