Making Money Or Helping People - Do You Have To Choose?
Assisted Living Network's Podcast
Release Date: 12/10/2018
Business Plans For Opening An Assisted Living Home
Assisted Living Network's Podcast
The number one reason to have a business plan is for you, so that you have clarity of vision of who you are, what you're doing and where you're going. The second reason for a business plan is to help raise capital. No private investor or a lender is going to give you the money you need without a business plan.
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Transforming Your Home Into Senior Housing
Assisted Living Network's Podcast
You can turn your home into senior housing anywhere from independent living up to Assisted Living. Independent living is senior safe. I mean grab bars, smoke detectors, wider doors, trip hazards removed. That home itself maybe has four bedrooms.
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You Don’t Have To Be The Caretaker Yourself
Assisted Living Network's Podcast
As our family ages they start to need more. Their independence is gone and they don’t want to admit that they may not be capable emotionally or physically.
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Assisted Living Explained
Assisted Living Network's Podcast
A long time ago Assisted Living meant a big institution. Today it is completely different. When you think about living at an Assisted Living home, it has all of the comforts of home and there's other people in that home.
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Marketing Offline Helps Build Personal Relationships
Assisted Living Network's Podcast
Offline Marketing is having brochure, flyers and business cards. The brochures should match your website and your online presence. You only get one chance to make a first impression.
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Hospice - Who Really Pays For It?
Assisted Living Network's Podcast
Hospice provides benefits for people at end of life care.The money that pays for it is provided through the government, which comes from our tax dollars.
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Are Mom And Dad In A Home You Feel Good About?
Assisted Living Network's Podcast
You probably haven’t even considered putting mom or dad into a home. You just got to a point where it was harder than you thought and you didn't have the time, the skills or maybe the heart.
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3 Things I Wish I Knew Before Starting In Assisted Living
Assisted Living Network's Podcast
Learn from other people's success. Learn from other people's mistakes. Learn from other people's experience who's actually doing it, not just talking about it.
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Making Money Or Helping People - Do You Have To Choose?
Assisted Living Network's Podcast
20 years ago when we first heard about assisted living, we all heard about the silver tsunami that was coming.They were sharing it from the business perspective but there was nobody there to show how it's done.
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RAL Isn’t Easy, But It’s Worth It
Assisted Living Network's Podcast
You're going to work at something, you're going to get good at something, the question is what. And what are you willing to do in order to get the return that you say that you want?
info_outline20 years ago when we first heard about assisted living, we all heard about the silver tsunami that was coming.They were sharing it from the business perspective but there was nobody there to show how it's done. But when it comes to real estate, it's just bricks and sticks. You can fix it, flip it, buy it, hold it and rent it. But it's kind of cold and meaningless.
You have to take care of business, but you also have to have a heart. We're taking care of people, but it's okay to make money. Making money is why we do it, but we can choose to do it in a way where we can make money and help people. The more money you make, the more you can give and it flows through and the faster it comes.
All of us have parents or people who are older within our family that somebody is going to need to take care of. So you can start your own home and they can move in for free. Or you can charge them money or whatever it is that they can afford. You want to have a little bit of control over the caregivers and managers, but not be the caregiver or manager. By owning the residential assisted living home, you can have that control, you can help them do good and do well. It is truly the best of both worlds. Make money and help others.