A duck and a dream

I had the pleasure of watching arguably the world’s best magician David Copperfield live in Melbourne recently. The magic itself was awesome...

17 reasons you should always carry a book with you

1. As someone who used to spend a lot of time waiting for real estate clients to show up – I know that clients / appointments / people in general are often late...

Reality Television your way to Success

I think I’m one of the only “motivational speakers” (not that I call myself that) who will openly admit that I watch television. I watch bad television too… even… dare I say it… reality television.

Where is the love?!

One of my businesses, Elephant Property, works in the notoriously under appreciated category of residential property management. The old adage in property management...

The power of the word

I’m quite distraught. I was eating my personal trainer approved afternoon snack of 12 almonds (my suggestion of 12 Tim Tams: not approved)...

Friday, December 21, 2007

A cute little card!

A Christmas card that caught my attention in the bunch this year.







By Kirsty Dunphey with No comments

Thursday, December 20, 2007

Book Review - The Outsider's Edge by Brent D Taylor


The Secret To Success – Outsiders Who Trade?

Don’t read this book if you’re looking for a fast-track recipe to becoming a billionaire. Number 1 – of course it doesn’t exist. Number 2 – it would seem, according to this book that much of what set up these 17 profiled self-made billionaires was set in place during their childhood years. And unfortunately this book won’t serve as a parenting manual either as any good parent should be reticent in providing an upbringing that bares a resemblance to those which our 17 billionaires received.

Do read this book if you’d like to get a bit more an insight into 17 billionaires including the bits we rarely hear in the media – their childhood and family backgrounds. My favourite profiles were those of Australian Frank Lowy, IKEAs Ingvar Kamprad and Ralph Lifshitz… er Lauren.

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By Kirsty Dunphey with No comments

Tuesday, December 18, 2007

Goal Collages

When thinking about what you want to achieve in life, how do your goals manifest themselves in your thinking?

Do you see pictures? Hear sounds? Feel the wave of exhilaration?

For me, I tend to visualise pictures of the event happening. I see myself exploring ancient ruins in Egypt or slipping into that divine pair of heels. I picture myself reading the 52 books I want to read in a year or seeing my husband on our 50th wedding anniversary.

If you’re a pretty visual person like I obviously am enjoy the following “Goal Collages” superbly created by a coaching client of mine Brett Withington (personal trainer and business owner extraordinaire: www.jumpfitandpt.com.au).

Some of his goals quite clearly include family holidays, teaching, a new kitchen, cars and getting media coverage for his business.


I love the way he’s got this page laid out with a time frame to achieve his goals (July, 2009). He’s added a bit of humour by cutting his own head out and imposing over a teacher’s and he’s made sure it’s got a great balance with family, relaxation, business and personal goals.

I even took a leaf out of Brett’s album and had this photo taken of something I’d one day like to do – get interviewed by Oprah.


While I’m aware that this photo is NOT of my most flattering angle, it’s a great visual reminder of a goal.

While you may not have access to a wax model of a superstar to meet and you may not be as graphically talented as Brett – any one of us can grab a travel magazine, a photo of us and some scissors and get started on a goal collage right now.

And if playing with scissors, glue and paper feels little childish, why not plan one with your kids this weekend and get a feel for it that way!

Happy collaging

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By Kirsty Dunphey with 1 comment

I work in real estate and my boss won't train me - what do I do? Paul

Response -

Here's what I would do in this situation:

Check with the real estate institute in my state - most of them have free or low cost training libraries that you can borrow materials from.

Encourage the rest of the agents in your office to, as a group, go to your boss with a plan for establishing a training library in your office that all agents can borrow books, CDs and DVDs.

Go to my boss with a plan for my training development. I'd include things like, what amount of commitment I intended to put in to the training - ie: number of hours a week, what books I'd read, what financial commitment I was prepared to make etc, and what I would like to request of my boss - ie: courses I wanted to attend in the future if I lived up to my commitment, what benefits my boss would receive etc etc.

Make it a negotiation - show that you're prepared to put in the time / effort and show your boss what benefit they will receive.

Training comes in all forms - ask for a coffee with the most successful agent in your office to pick their brain - it's a great way to train yourself.

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Wednesday, December 12, 2007

Book Review - The Highly Effective Marketing Plan by Peter Knight



Visually appealing, mentally stimulating
I really enjoyed Peter Knight’s “HEMP”. After meeting the author recently I was pleasantly surprised to see that the personality that so amply oozes from him in person is readily apparent in the book as well. It’s quirky, straight to the point and is dotted with fabulous visual examples of all of the concepts Peter discusses. The Redcup examples tie everything together nicely. Perfect for anyone wanting to create a no-nonsense, no-jargon, easy to follow marketing plan.

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By Kirsty Dunphey with No comments

Book Review - How To Win Friends And Influence People by Dale Carnegie



The message still rings true.
I found this book somewhat hard going at times, mostly due to the fact that the way books are written certainly has changed a little from when HTWF was first published in 1936! That aside, even though this wasn’t a quick page turner for me I always found myself compelled to go back and devour just one more chapter. The information in the book is simple (so simple most people don’t do it!) and it is just as relevant and insightful today as it would have been back in the 30’s.

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Monday, December 10, 2007

Thank you Alex P. Keaton

Thank you Alex P. Keaton (Michael J. Fox’s fictional Family Ties character) for showing me that it’s ok to carry a briefcase before you’re even old enough to get a proper job!

Thank you Alex P. Keaton for showing me that wanting to rule the world before I could rule a straight line wasn’t completely bizzare.

Thank you to the writers of the character Alex P. Keaton for giving a young aspiring business person (me!) a multi-dimensional, completely flawed and yet totally fascinating character to watch on family television. He was my pin up boy – but not in the traditional sense!

Things you may not know about Alex P. Keaton:
• Producers originally wanted Mathew Broderick (aka Ferris Beuller) for the role!
• Michael J. Fox adlibbed the “P” in Alex P. Keaton in his audition
• According to a Spin City episode, Alex P. Keaton eventually went on to become a republican senator for Ohio
• Michael J. Fox almost didn’t get the role because one of the TV execs found it hard to believe that his tall onscreen parents would have just a short son

Great Alex. P. Keaton moments

Alex P. Keaton: [Referring to a current infatuation] Of all the Basic Applied Economic Principles of Capitalism in the Post-Industrial Era Seminars in the world, you had to walk into mine.

Alex P. Keaton: Mallory, someone stupid called... sometime today... about something trivial.
Mallory Keaton: Alex you know that could be any one of my friends.

Alex P. Keaton: Remember when we were kids and I run you over with my bicycle?
Erwin 'Skippy' Handleman: Yes.
Alex P. Keaton: I have a car now.

Mallory Keaton: Dad, Alex, this is Jamie Carter.
Alex P. Keaton: Aaaaah!
[jumps into his father's arms]
Steven Keaton: It's okay, Alex. She said Jamie, not Jimmy.

For more check out: http://imdb.com/title/tt0083413/quotes

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By Kirsty Dunphey with No comments

See Mum, You can Learn Stuff from Television!

Its Christmas time and Homer Simpson realises all too late that he’s (yet again) forgotten to get his loving wife Marge a present. Despite frantic and fervent attempts at the last minute, Homer is still empty handed at the all important present giving moment.

Feeling guilty and dejected, Homer opens his present from Marge only to find that below the wrapping paper is another round of wrapping paper, addressed with a card that says “To Marge”.

You guessed it, Marge knew that Homer would forget her present and so she got him the best present she could possibly have given at that time, a present for him to give to her. Smiles all round… and fade out.

As the Christmas buying frenzy approaches, I like to take the lesson from The Simpsons into my business. How can I anticipate my customer’s needs in a similar way to the way Marge anticipated Homer’s so brilliantly?

Whether you’re the hairdresser who calls a client a week after selling them a hair straightener (just to see how they’re going with it), the real estate agent who forwards their clients a list of local services (when they move to a new area) or the doctor who calls a long term patient a week after placing them on a new medication (just to check on them), we all have the ability to anticipate needs and in doing so provide moments in our own businesses where there are smiles all round and… fade out.

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Do Uni Dropouts Rule the World?

As I’ve written about a number of times in both of my books – I’m a university dropout. I consider myself a life long learner and yet at age 28, despite attending uni on and off since I was 17 I’m still yet to get that all important piece of paper.

As an entrepreneur, I don’t desperately need a degree to enhance my career prospects, however I find it strangely fascinating that a small but persistent part of me still wants a degree. I don’t know whether it’s to fulfil some distant childhood ambition or if I just want to wear the long black gown and fancy hat!

When I look through the list of my business role models however, I’m comforted to see so many who are also in the dropout category: Bill Gates and Paul Allen (Microsoft co-founders), Ray Kroc (The man who took McDonalds to the world), Henry Ford, Andrew Carnegie, Richard Branson, Larry Eillison (Oracle founder), Michael Dell, David Geffen (Dreamworks co-founder), Ted Turner (media giant), Blake Ross (Firefox co-creator) and Sean Parker (Napster co-founder). Not a lot of women on that list – but for the time being I’m happy to have my name in the same category – so long as I stick to my goal of being a life long learner.

Steve Jobs (Apple & Pixar co-founder) is a name glaringly missing from the above list. Having just finished reading iCon – a book all about Steve, I found his dropout story one of the most fascinating I’ve read. He dropped out after his first semester, managed to get a refund on the fees his parents had paid and still somehow managed to keep living on campus – only now he was attending the classes he was actually interested in (and not paying!). To learn more, check out the following:



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By Kirsty Dunphey with No comments

Friday, December 7, 2007

Book Review - McDonald's - Behind The Arches

An Oldie But A Goodie

Most of us have heard the name of Ray Kroc, but to get an in depth look at the other key players (like June Martino) in McDonalds history is fabulously entertaining. I found myself quoting McDonalds trivia tit bits obsessively after reading this book. Did you know Ronald is actually Donald McDonald in Japan? Do you know why McDonalds in Germany serve beer? Do you know how much Kroc paid the McDonalds brothers for the operation? If you're a fan of this systems driven organisation and want an in depth year by year breakdown of it's history - grab a copy.

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Tuesday, December 4, 2007

Christmas Cards – A waste of your time? Probably! Unless…

As I write this I’ve just received my first Christmas card of the season. It’s from a fabulous lady called Namita I met maybe 3 years ago in Darwin, Australia and she’s a prime example of how to ensure your Christmas cards aren’t a waste of time.

What can we learn from Namita:

1. Leader of the pack

Namita’s card arrived first. I remember the first card. I do not always remember the 200th card arriving on the 19th of December. When do you send your cards out? Are you first, or are you mixed in with the blur.

Tiny tip: set a diary note for the 14th of November, 2008 (recurring each year) to remind you to prepare and send out your cards so that you can be first next year.

2. The thought and care was obvious

Namita’s message inside the card was personalised and thoughtful. As a speaker and as someone who loves to give out a lot of business cards over the year I tend to get a lot of Christmas cards. This is lovely, but it also is a huge opportunity for me to see the absolute worst trends in sending out Christmas cards.

My least favourite Christmas card mistakes include:
• The card with a stock standard, small un-personalised message (c’mon - why bother?)
• The card with only a scrawled signature or even worse, just a stapled business card (puh-leese!)
• The message obviously written by an assistant or someone other than the person sending it

3. She’s a savvy business woman

Namita has just launched a new business: http://kidimpressions.com/ and she took the opportunity to send a letter about it, a brochure and to offer me a holiday gift of my own book! She doesn’t know it, but I usually get a personalised book for newborns – and I had been using one of her competitors up until now. Not anymore!

Tiny tip: A little gift that promotes your business is ideal – but also consider small items that will give a big bang for a buck. One of my favourites is a scratchy lotto ticket, sure most people won’t win up big time – but imagine if someone were win $10,000 – how much favourable word of mouth would you get then! (In fact – I’d give you great word of mouth if I won $10!)

4. Rocking the database

Namita also took the opportunity to congratulate me on my second wedding anniversary (this girl obviously knows how to database like a rockstar).

Tiny tip: Whenever anyone mentions a birthday, anniversary or significant event, jot it down, put it in your phone and database it. It’s a small effort but one most people won’t make.

Challenge for the week: See how many extra special dates (birthdays etc) you can gather for your database this week. My favourite tips include sneaking peeks at people’s licences when checking onto planes, showing ID etc (thanks to my mentor Glen for this one!) and asking what star sign people are and working from there. You can be a bit cheeky with it or alternatively – you can just ask people!

So Namita get’s an A+ on my Christmas card experience with her. To follow are some of the other tips I’ve learnt over the years.

5. Remember not everyone celebrates Christmas

I like a “Seasons Greetings” card myself purely for this reason.

6. Do them as you go

If the idea of hand writing all those Christmas cards at once is about as appealing as licking the underbelly of a sheep, consider writing them throughout the year. Real estate agents for example could write the cards as soon as a property they’ve sold settles when they add that client to their database. The Christmas card can then be thrown in a box and hey presto – when November comes around half your work may already be done.

7. Don’t rely on your brain

I have a category in my database which tells me who I need to send Christmas cards to. When I add someone to my database I decide if they’re getting a Christmas card and categorise them appropriately. It means come November, my cards are a no brainer. I print off my list, remove anyone, add any last minute people and write away to my heart’s content. And don’t think you need a database to do this – just keep a list as you write out this year’s along with addresses and I promise you, next year you’ll find it all the easier.

So there you go, 7 simple steps which, if implemented correctly, will make all that time, effort and stationery worthwhile. If you want to practice – I love a Christmas card: Kirsty Dunphey, PO BOX 7713, Launceston, TAS, 7250. Pop in a note if you’d like some feedback on your card!

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By Kirsty Dunphey with 5 comments

Tuesday, November 27, 2007

Babelfish me Baby – It’s a Global World in which we Live!

In my early days managing my real estate agency we used to have a client who was an Aussie ex pat living in South America. He once signed off an email to me with “adios” (Spanish for goodbye). Not wanting to be outdone, I started my next email to him with the only Spanish word I knew that wasn’t a type of food - “hola” (hello).

My client was impressed and let me know this in his next email. It was then that I got my courage up and found a great little way of making myself stand out on every email I sent to a global client from then onwards. I found Babelfish.

A Babel fish is a fictional species from The Hitchhiker’s Guide to the Galaxy that can instantly translate any language into another. In my client service world however, Babelfish http://babelfish.altavista.com/ is the niftiest little online translator, brought to the world by search engine Altavista (the search engine that was all the rage before googling became a verb).

After catching my own Babel fish I took to writing a basic sentence in the foreign language of my client on each email.

Grazie per il vostro tempo e spero di comunicare presto. - Italian
(Thank you for your time and I hope to talk soon.)

Je vous souhaite chaque succès avec la vente de votre maison. - French
(I wish you every success with the sale of your home.)

One sentence, as simple as these examples above, was often enough to set me ahead my competition when pitching for work and almost always gave my client a nice warm fuzzy.

I only had one client who ever decided to write back to me completely in the foreign language (!) and we had a joint laugh together when I explained how I used Babelfish to assist me with foreign clients. The client was most impressed.

I typically use Babelfish when dealing with global clients, but there’s nothing to stop you using it to help you with local clients who may have English as a second language. If you’re going to take it one step further there are many online and local translation services who can perfectly translate your business letter or proposal into the language required for a relatively small fee (when you consider the potential impact). Tiny tip: I usually recommend translation services instead of Babelfish when the content is long or complicated, after all Babelfish is a simple online tool and the nuances of your content may not always be perfectly translated.

For a simple way to make you stand out on a global level with just seconds of effort – I couldn’t recommend Babelfish more!

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By Kirsty Dunphey with No comments

Blame or Action? The choice is yours.

Action exercise for today:

Get out a shiny piece of blank A4 paper.

On that piece of paper write at the top My Definition of Success.

Write under that everything you will have achieved, everything you will possess (skills, belongings, everything) and everything that you will be when you’re a success.

Then get out another shiny piece of blank A4.

At the top of this page write Why I haven’t yet achieved Success.

On this page write every reason you can think of that spells out why you haven’t yet achieved your definition of success.

If you’ve got nothing to write – because you’ve already achieved your idea of success – rock on! Go grab an ice cream. For the rest of us (me included) get writing!

If you’re actually going to do the exercise, don’t read further until you’ve completed writing both of these sheets.

Done in one way this second sheet detailing the “Why” can be like an action plan for your life. Examples of reasons why might be similar to these:
• I don’t read enough books
• I haven’t been associating with people who are achieving the level of success I want
• I haven’t gone out and done X
• I don’t have my goals clearly written out

When this sheet is an action plan for your life – each one of these reasons will be items you can do, or change (if you choose to). With this type of list – success is merely a matter of doing what’s on the list (if you’ve identified your “why” properly).

Done in another way, this sheet could turn out to be a litany of blame:
• I don’t get paid enough at work
• My parents didn’t have money when we were growing up
• I’m not tall / pretty / whatever enough

When done in this way – you’re saying that your success is determined by other people and by things you can’t change.

I know for my way of thinking - I’d like to know that my personal success is determined by my actions, beliefs and associations. The books I read, the people I network with and model myself on and the choices I make determine my success.

I’ll let others play the blame game – but not me, what about you?

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By Kirsty Dunphey with No comments

Fire Damage To Your Customer Service

Ladies… prepare to get jealous. I’m married – to a fire fighter. And yes, he looks spunky in his uniform and yes, this morning he came home with video footage of a huge fire he was in last night and yes, sometimes I imagine him as Mr. August in a fire fighter’s calendar (too much information?).

So I’m married to a fire fighter who is this amazing creature. He’s very different to me and yet very similar all at the same time. We’re similar in our values and beliefs and we’re different in… nearly ever other way!

One striking difference is that he’s more of the strong silent type whereas I’ll often talk to the wall if that’s my only option. After having been married now for almost two years, I’m starting to learn that when someone who doesn’t speak much chooses to break their silence – I should choose to listen, it’s usually important stuff.

One morning over breakfast my fire fighter looked me lovingly in the eyes and said “Kirsty…” I looked into his eyes and with anticipation said “yes honey”. The romance in the air was palpable… until he said “Do you know where most people die in a house fire?”

The Mills and Boon moment was broken, but I was still interested in the question. I mean, surely most people know in a fire to get low and get out of the house! My fire fighter told me that yes, most people do know to get low. They do so and then crawl to their front door – and then when they reach their front door they… stand up to open the door. And that’s sadly where many people die, right at their own front door because when they stand up, they’re in the smoke and that’s when they’re in trouble.

Now this isn’t just meant to be a fire safety lesson (although I’d love it if you could remember not to stand up in a fire!) It struck me when my fire fighter was recounting this gory fact that many businesses conduct our customer service in this same manner. We do the right thing up until the end and then BAM – we stand up (or stop doing the right thing) right when it’s vital for us to persist.

A few days ago a good friend of mine told me of a real estate agent who did a remarkable job finding them a great property to buy. He serviced them exceptionally well the entire way through… until the contract was signed. Then she never heard from the agent again.

The agent, thinking his big pay day was secured, thought the relationship was over and didn’t even contact my friend on the day her property settled.

What this agent needed to know was that with some ongoing service, his pay day may never have been over! I hope the agent wouldn’t be surprised to know that his name wasn’t mentioned when my friend was asked to refer a real estate professional earlier this week.

In stopping the service early this real estate agent’s head hit the smoke right at their front door. Will you escape the fire by doing the right thing the entire way through or will your customer service be fire damaged?

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By Kirsty Dunphey with 1 comment

Thursday, November 8, 2007

21 Tips to get the most out of Renting

In many parts of the world including the Australian state of Victoria, where I have two of my rental properties, rental property demand is at a massive high at the time of writing this article.

For people renting residential properties this can mean consistent rent increases for those already in properties and a shortage of properties on the market available to rent.

In this the following three article series I’ll address the following topics from my own experience as a tenant, a real estate business owner, a property manager and as a property investor.

1. How to make yourself the most desirable tenant when looking to rent a property
2. How to negotiate the lowest price for your desired rental property
3. How to keep rental increases to a minimum once you’re in a rental property

Notes, the following terms are interchangeable:
• Renter / tenant
• Landlord / property investor / property owner

Part 1

As a renter or tenant, here are some ways you can make yourself more attractive to the property owner or property manager when you’re looking for a property:

• If you’ve rented a property before, always ask to get a reference in writing from your previous landlord or (even better) from the property manager who you rented through. I say that a reference from a property manager is better than one from a private landlord in that it’s harder to fake a reference from a legitimate real estate company. The best rental references discuss the condition you kept the property in while you were living there, the condition it was in when you left and your consistency in paying your rent on time. Best of all is the final line where your property manager (hopefully) states that they would love to rent to you at again at any time in the future.
• If you have a pet be prepared that many investors may not even want to consider you for their property, however written pet references (note multiple if you can!) from previous landlords or property managers will speak highly for your case. Also – if your pet is small or presents well, a photograph attached to your application doesn’t hurt.
• In some areas (not Tasmania where the bulk of my rental properties are) you are able to pay a voluntary increased bond or “pet bond” to further guarantee that your pet will provide no long term damage. Offering to do this is a good sign of your intentions to a property owner.
• If you’re young sadly at times this can make you as undesirable as a Doberman dog! I know this personally from renting while I was 17 years old at University. To overcome this, attach with your application a few written referees from the most responsible adults you can find (teachers, employers etc). Remember here that putting down your parents or relatives as references doesn’t really hold that much sway as they’re obviously going to be biased!
• Why do I keep going on about written references? For one, they look good but for two, they save a property manager some of their valuable time. If a property manager has ten applications to check and yours is partly done because of the written references – you can come across as a more appealing tenant to the time poor property manager.
• If you really want a property and believe there is going to be competition or you simply think that the property is good value or will be hard to find again, consider offering $5 a week (or any amount you like) more in rental. This obviously isn’t going to be the answer for everyone, but is an option. (More on how to get the rental down in part II!).
• Present well when you inspect a rental property. A property manager or property owner only has limited information to go on when deciding which tenant to chose. One of the things that will be a factor (regardless of whether they admit it or not) will be your presentation and the first impression you make at the inspection.
• Remember that property managers may look to see how well you take care of your car as an indication to see how well you’ll take care of the property (NB. McDonalds wrappers all through the car – not a good sign!)
• Ask the person in charge of renting the property if there is anything you can do to make your application more desirable to the property owner. Examples of this may be: length of lease, gardening, presence of pets, supply of references / guarantors etc.
• Where possible I always recommend that if you’re unsuccessful at getting a rental property that you ask why. For anti-discrimination reasons you may not find out, but it never hurts to ask the question because it could lead to you being more successful next time.
• When you do apply for a rental property, have everything ready in advance. If the property manager has five applications to check and yours is incomplete it’ll go to the bottom of the list! A great idea is to have all the information photocopied and ready to hand over including credit checks, references, photo identification, birth certificate etc.


Part 2

In this day and age in many areas it can be difficult but not impossible to negotiate on the rental of a property. In your area there may be a high vacancy rate which puts you as the potential tenant at an advantage.

Here are some ways to negotiate when you rent. This may be to either attempt to save money on the rental price or to maximise your chances of being the number one picked tenant.
• Ask what length of lease the landlord would prefer and then submit your application with that lease length. Asking to see if the landlord wants a long term tenant gives you the advantage of being able to offer a 2 year lease instead of 12 months (if it suits you) which may put you one step ahead of the other applicants who haven’t thought of this.
• If gardening is included in the rental amount, offer to do your own gardening and provide (yes, you guessed it) a written reference to say how immaculately you maintained your last garden.
• Being ready to take the property immediately may put you in a position where you can negotiate more easily. To a property investor, any vacancy means a zero percent return, so if you’re ready to move in tomorrow – sensational! Consider stating that you will take the property immediately even if you don’t need it for a few days to put you in a stronger negotiating position and gives you a little breathing room to move in!
• I once bought a property specifically for one set of tenants because they offered to pay 6 months rent up front. It was a great bargaining chip for them because, as a property investor, it was money straight off my mortgage. This can be used as a negotiation strategy for any tenant (who has the funds at hand) and while you may not pay 6 months rent up front, two identical applications from tenants can be quickly separated if one wants to pay say 12 weeks rent up front instead of 4 weeks.
And don’t forget to go through part 1 and make sure that you present as the most desirable tenant!


Part 3

Of course most property investors want to maximise their return on a property, ie: they want to get as much money as they possibly can. However, it’s not rocket science to figure out that most of us also want to attract and retain a quality tenant and some investors will sacrifice some of the higher end of their return to do so.

If you’re in a property, here’s a way to make yourself a more valuable tenant and to try and avoid some of the rent rises:
• Be a long term renter. I know as an investor myself – I’m the most lenient on rental increases to tenants who have been in the properties the longest.
• Be nice to your property manager (they have a lot of sway as to whether an owner renews leases or increases rent and to how much!)
• Keep the home in great condition on rental inspection date. Working in property management through my real estate career I can’t believe the condition some tenants leave their properties in on rental inspection date. While I’m certainly no Miss. Neat and Tidy every day at my own house – on those 2 - 4 days a year, make an effort and it won’t go unnoticed.
• Be a problem free tenant. Most investors I know will be far more likely to extend a lease to a tenant (and sometimes without a rent increase if the rent is consistently paid on time).
• Don’t be a “difficult” tenant. Now this sounds a lot like the above, but a difficult tenant to a property manager can mean a whole swarm of things. Some of my big “no-nos” are as follows:
o calling up about “emergency” maintenance at 2.00am when it’s just a broken cupboard handle (extreme example, but trust me it has happened)
o making it difficult for trades people to access a property to complete maintenance
o insisting on being present for routine inspections (yes, we know it’s your home, but when a property manager has 20 inspections to do in a morning coordinating each one personally is impossible!)
• Where possible (and appropriate), treat the property like it’s your own. Don’t get on the phone complaining about every loose washer or blown light bulb. Just let your property manager know on the next routine inspection if you’ve replaced anything minor like this. (NB. Before even considering attempting anything major, even if it’s in an attempt to help, call the property manager or owner first)

Most of what is written in this three part series is common sense. For new renters and those looking to capitalise upon their renting experience I hope you’ve found one or two tips to help you on your way! Good luck with your renting experience.

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By Kirsty Dunphey with No comments

Knee-d some goal setting pain?

Goal setting can be a painful process.

As I write this, my lower thigh is bunched and labouring under thick sticky tape which is pushing my iliotibial band in a direction it just doesn’t want to go. Earlier this morning for the third time in as many weeks a lovely lady with a deceptively sweet smile massaged the area sending bolts of red hot poker like pain shooting down my side and then she also stuck a few acupuncture needles in (just for good measure).

Yes indeed, this is what goal setting has done to me.

Each year for the past four years I’ve set myself the goal of running the Burnie 10, a 10 kilometre road race here in Tasmania, in under an hour.

Problems with this scenario:
1. I’m not a runner. The 2 kilometre race I ran in last year scared me!
2. Each and every year in my lead up training I’ve injured myself in some way (back, knee, ankle) causing me to drop out just before the race.

I vowed that 2007 would be my year - despite my lack of running prowess and well, my coordination if I’m being honest. And then four weeks out from race day, my knee started to ache during a training session. Despite rest, physio visits, a week at a health retreat and sooo many knee specific exercises the knee pain worsened and I was pretty much unable to run for three weeks prior to the race.

Race day arrived and my knee was beautiful… until the 2km mark when it started to ache and cause me pain. I pushed through it. At 3km I shed a surreptitious little tear because the pain was so great. I thought about stopping so many times, but I knew if I did I’d be back in the same spot again the next year, trying to achieve this goal that had eluded me for so long.

I kicked through the pain and pushed on. At the 6km mark (which was my previous mark for most distance run without stopping) I kept going, no walking for me. At 8km, despite the pain, I actually was able to speed up.

As I crossed the finish line I felt a lot of knee pain, but also a lot of personal satisfaction. The time read 1:01:40 – I was at first dejected, but then elated when I realised I didn’t cross the finish line when the starting gun went off, but over 2 minutes later, leaving me with an eventual time of 59:14.

And now – I’m dealing with the knee pain that follows from pushing an injury a little too far. But every time I feel a little twinge in my knee – it reminds of me of the goal that I’ve finally achieved.

My 10 kilometre race run involved so many of the same steps that I’ve needed to achieve goals in my business life:

Know your weaknesses and plan to minimise them

In my race preparation I knew that there was going to be at least one large obstacle (my knee injury) so I did everything possible to mitigate the effect this would have (I went to my sweet smiling physio, I trained specifically to avoid the injury with my fabulous personal trainer and I rested the knee as much as I could).

In my business career, when I first started selling real estate I was a baby faced 19 year old. To mitigate the effect this could have had on my ability to succeed I took every course and read everything I possibly could, what I didn’t have in experience I made up in knowledge.

Know when to take the more difficult option

When I wanted to give up (and walk) I pushed on, knowing that what I was striving for (the achievement of a four year goal) was more important than the pain in this case. Now I’m not saying that you should always exercise with injury and tough it out – but in this case, it was the right decision for me to do this.

In my business right before I opened my own real estate agency at 21, I had an opportunity to stay overseas, travel, see the world and take the easy option out. We all will be confronted with difficult choices in our working and personal lives. Taking the tougher option at the right time can open amazing doors.

Written goals are vital

Each day next to my head at my desk I had my training program which I would tick items off daily. At the bottom of my training sheet written clearly was my goal time – 59:00. I finished only seconds off despite my knee.

I write down my goals (personal and business) and I check them weekly – sometimes more often when the time frame is pressing. Three years ago I wrote down that I wanted to speak at NAR (the world’s largest real estate conference.) I have studied that goal so often and I fly out to Las Vegas to do just that on Friday.

Whatever your goal, whatever your personal challenge – I wish you every success!

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By Kirsty Dunphey with 2 comments

These are a few of my favourite things… lately anyway

Where: www.joesgoals.com
What is it: Online super simple goal tracking site.
Why I love it: It’s free, it’s very visual and it’s so intuitively easy! Check it out yourself.

Where: www.springwise.com
What is it: If it’s cool and new – they write about it here
Why I love it: Check out this story: http://www.springwise.com/weekly/2007-10-25.htm#sas to see what I mean. It’s perfect if you’re a blog writer wanting content, an entrepreneur wanting ideas or if you just want to kill 15 minutes reading about everything from gyms where kids exercise with video games to vending machines for prescription drugs.

Where: www.threadless.com
What is it: Artists submit t-shirt designs, the public vote and then the most popular ones get printed and sold
Why I love it: I’m a huge t-shirt and hoody fan and the designs on this site are tdf (to die for!)

Where: www.reallysold.com
What is it: An online site to assist real estate agents in writing amazing advertisements for their properties
Why I love it: Because if I see another advert with the heading “This won’t last” or “Affordable 3 bedroom home” I may choke on my own vomit!
Why I’m biased: Because it’s my company!

Where: www.allaboutolive.com.au
What is it: Olive was born in 1899 and she blobs… ok – she blogs, but sometimes she calls it a blob – too cute!
Why I love it: How old is too old to blog? If 107 isn’t – then you’ve got no excuse!

Check out some of my other recommendations (perhaps a little more on the serious side) here: www.kirstydunphey.com/recommendations.html

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By Kirsty Dunphey with No comments

“Efficient kitchen = Too small to fit two adults” –don’t let your real estate advertising miss the mark

I once went online to view the ad for one of my vacant rental properties. After reading the advertisement three or four times I realised something quite stunning. After no less than 12 years experience working in real estate, owning my own real estate businesses, selling and renting real estate and having had investment properties for over 8 years… I didn’t understand half of what was being said on my own advertisement! My property manager had crammed in more LUG, BIR, WIR and XYZ’s than you could fit jelly beans in the Grand Canyon! I immediately thought, if I can’t understand this – what hope does the average consumer?

Real estate advertising mistake number 1. Over use of abbreviations on the internet! This isn’t print advertising and space is not sold per word – live it up and really sell your properties, for sale or rent – please!

To follow is an excerpt from a Barbara (aka real estate giant from NYC, author of my favourite business book of 2006 – If you don't have big breasts, put ribbons on your pigtails) Corcoran article.

The most misleading words in real estate (and what they really mean)
1. Cozy (too small)
2. Charming (too old)
3. Original condition (appliances are 50 years old)
4. Needs TLC (it’s a dump)
5. Conveniently located (noisy)
6. Desirable neighborhood (this little house has been way overpriced because the neighborhood has some snob appeal)
7. Efficient kitchen (too small to fit two adults)
8. One-car garage (you can drive your Chevy in, but can’t get out)
9. Peek at the park/river/mountains (if you angle your mirror just so)
10. Useable land (no trees)
11. Beachfront steal (no hurricane insurance available at any price)
12. Country living (too far from anywhere to drive to work)
13. Must see inside (outside is ugly)
14. Unique (hard to sell)
15. Just available (previous owner just died on the premises, hope you don’t mind)
(read the full article here: http://www.msnbc.msn.com/id/20215090/)

Real estate advertising mistake number 2. Over use of over used words!

Just 5 minutes ago I did a search for properties for sale in my home suburb with these less than staggering results as the headings for properties:

So Close to Town
Peaceful and private location
Affordable 4 bedroom home
Investment opportunity
And some with the fabulously creative heading of just the suburb!!!

C’mon real estate agents – let’s provide a bit more value for money in terms of the advertisements we provide! Using www.reallysold.com (the ultimate online tool for creating real estate advertisements – which I created to help real estate agents avoid advertising mistakes) what about these substitutes:

A hop, skip and a jump to… well… everything!
Been saving for a rainy day? It’s pouring right here, right now!
Is this how Donald Trump got started?
To each his own… bathroom that is!
A winner for a beginner…

Real estate advertising mistake number 3. Using headings that a four year old could have written! According to the National Association of Realtors (NAR) in the United States, the headline is the most important thing in writing a successful ad – use this one chance to really make the most of your advertisement.

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By Kirsty Dunphey with No comments

Awards programs – do they really mean anything?

I’m happy to admit it – I’m an awards junkie. I’ll submit my application to any awards program I even vaguely qualify to enter. I’ve had a good amount of success too in the Telstra Business Women’s awards, BRW Fast 100, Ernst and Young Entrepreneur of the Year awards and the Young Australian of the Year awards.

But does it actually mean anything? Does the fact that I won Young Business Woman of the Year mean that I was the best business woman in the country that year under 31? Of course not! But it does mean the following:

• The free publicity I got from that awards program was amazing. Cover of BRW magazine, The Today Show, speaking jobs and more.
• The networks and connections I made will last a life time. Meeting other business women like Julia Ross and Dr. Judith Slocombe was my equivalent of meeting Brad Pitt.
• My team and family got to go to sensational lunches and dinners where they got to have a blast and network.
• The preparation of an awards program application is one of the most cathartic things a business person can do! It’s a business plan, goal setting and review exercise in one.

If you enter and you don’t win – you’re in no worse position than you were before – in fact you’re in a better one because you’ve had the opportunity to reap the above benefits.

Get out there and enter an awards program today! We just entered one this morning for best online blog of all things.

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By Kirsty Dunphey with No comments

A perfectionist? Who me? No way!

“I’m a perfectionist” is the most common answer I receive when asking people to name one of their weaknesses. In thinking back to my own experiences interviewing for jobs, I think I even used it once or twice myself!

I believe people like to list perfectionism as a weakness because it sounds like it could be a strength as well. After all – who doesn’t want things to be done perfectly?

I don’t! I’m not a perfectionist and I’m darn proud of it.

In high school one of my favourite subjects was mathematics. I was even offered a scholarship for University to study pure maths (I know – riveting stuff!) The reason I liked maths so much was that it was possible to turn in a perfect exam and get 100%. I like perfection, I liked getting 100% or striving to. And yet, I still say I’m not a perfectionist. So how does that work?

Well – in maths, there’s typically a right answer and everything else is wrong. In the world of numbers and formulas perfection is possible. In the real world however, most of us don’t deal in realms where perfection is attainable or even measurable.

How does an author measure that they’ve written the “perfect” book?

How does a waitress know they’ve made the “perfect” skim cappuccino?

How does a hairdresser know they’ve given someone a “perfect” hair cut?

How does a business owner know they’ve managed their staff in the “perfect” way?

You can strive for perfection all you like, but in my experience the strive for perfection:

• Leads to procrastination
• Leads to not doing something
• Leads to something taking so long that your competitive advantage is gone
• Is often an excuse to procrastinate!
• Is often a myth and what you’re really feeling is fear of failure (so you put it off and off and off under the banner of “I’m getting it perfect”)

In short – perfection in the real world is, for the better part of time, a myth. Kick ass is possible, awesome is possible, quality is possible – but not perfection.


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By Kirsty Dunphey with No comments

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