CEO for a Day

If I were CEO for a day, I would mainly stick to the existing template that was already in place, but I would have a few changes as well.  First, having worked in the LA office and seeing my colleagues travel to Seattle or Denver to look at different real estate investments on a weekly basis, I would set up offices in those locations in order to cut down on travel costs.  Sure these markets may not stay attractive forever, but it is worth it since employees are spending their time there on a weekly basis.  In addition to this, I would hire outside consultants from real estate markets that we were looking at investing in in order to get someone from the area’s view on the market.  This would help the company stay a step ahead of the competition and form meaningful relationships with brokers that can give us additional insight.  Last, but not least, I would set up a formal internship training program, in which college students could be groomed for entry level jobs in the future.  The company needs to have the highest quality employees and there simply isn’t time for existing employees to mentor someone and be 100% focused on their tasks at hand.  It would drastically increase productivity and would attract higher quality candidates that are seeking a job in the real estate investment industry.