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Rommel Anacan

Welcome to my blog on MFI! This blog allows me to have an ongoing conversation with multifamily professionals like you. My focus is on helping you and your companies succeed by helping you optimize the quality of your relationships. If you'd like more information about me, my company and the ways that I can help you, please visit my website at www.RelationshipDifference.com

Would Your Company Hire Richard Branson?

Would Your Company Hire Richard Branson?

Have you heard of Richard Branson? My guess is that you have. Because you know, he is only one of the most successful businesspeople in the world. 


How many people do you know that started their own record store, recording label, airline, space tourism company, and other ventures? He is estimated to be worth almost five billion dollars … and oh, by the way, he is also a knight in the United Kingdom for his contributions to entrepreneurship; so he is technically, “Sir” Richard Branson. 


Not bad for someone without a college degree. 


That’s right, one of the most successful entrepreneurs and humanitarians today does not have a college degree. Which means that for some of you, Richard Branson would not qualify to be a high level leader, manager or executive in your company. 


There is a company that I know of that is moving towards requiring their community managers to have college degrees; which means that Richard Branson, he of the “I spoke to NAA a few years ago because I built a business empire worth billions of dollars!”, would not be eligible to manage a 150 unit community for this company.


Does this make sense to you? It doesn’t to me. 




Listen, I’m not criticizing a college education or minimizing it’s importance or value in today’s world. What I am criticizing though, and challenging ,is the belief held by some companies that ONLY employees with formal education are eligible to move on and up; while those with lots of real-world experience, but no degree, are left on the sidelines. 


I mean, so Joe Anderson, age 22, with a degree in political science can be a community manager, but Richard Branson, or Steve Jobs (when he was alive), or Bill Gates couldn’t?? (Let that sink in… again.)


Here’s the message…you may be thinking, “Yeah, well, if Richard Branson applied to work for my company, I would hire him!” 


But~if you head straight to “education” on a resume and promptly dismiss any candidates that don’t have a degree, how will you know if a Branson, Gates, Disney, Zuckerberg, or Dell is currently in your organization? (Yes, none of those folks have degrees.)


Don’t Miss the Gold Mine


One of the smartest people I know in the multifamily industry has successfully managed a multi-million dollar portfolio of communities for years. She has forgotten more about the industry than I ever learned and I owe much of what I know to her. But, she doesn’t have a degree and I find it utterly ridiculous that a company would be so beholden to a “requirement” that they wouldn’t even consider her if she happened to apply for a job with them. 


One of the great strengths of the multifamily industry is that it is far more “democratic” than other industries and therefore people can come in to the industry and succeed, regardless of their pedigree. So don’t limit your company’s potential by limiting the places where you “look for gold.” After all, not everyone’s journey in life has taken them on the route that the “powers that be” consider to be the one accepted way of achieving success! 


When you’re open to all of the possibilities, you’ll never know what treasures you’ll find. What a shame it would be for your company (and for this industry) to miss the gold mine because it didn’t look the way you thought it should.


Photo Credit: Virgin.com


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This comment was minimized by the moderator on the site

Absolutely agree!

  Margie Burba
This comment was minimized by the moderator on the site

Thank you for sharing this. I always enjoy reading your blogs.
I learned a long time ago to forgo "straight to education" on those resumes and can tell you some of the best team leaders I have had the pleasure to work with in my "very long career" did not have degrees. They did however have a passion to make their assets the very best they could be, a desire to continue learning anything and everything they could and true heart for industry.

  Brenda Boyd
This comment was minimized by the moderator on the site

Brenda~you touched on a huge point...people do need to be educated and want to continue learning all they can, it just doesn't always need to be "formal" education for someone to be a high performer. Thanks for reading and commenting!

  Rommel Anacan

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