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Josh, President at Rudin Enterprises: Advize Career Interview
A career path defying traditional education, this individual's journey began with real estate investment at age 19, evolving from flipping houses and managing short-term rentals to leading a successful Airbnb management company, Rudin Enterprises.
The interview reveals a dynamic role overseeing a multi-layered team, prioritizing company peace and high-level decision-making, while simultaneously tackling challenges like employee turnover and demanding clients.
Leadership, strong people skills, and a proactive approach to building a strong team are highlighted as crucial for success.
This individual's fulfilling career, characterized by impactful relationships with employees and clients, and unconventional education path, demonstrates the power of entrepreneurial spirit, mentorship, and continuous adaptation in the real estate industry.
The interview offers valuable insights into entry-level positions, industry trends, and the importance of seeking help and building a strong network for rapid career growth.
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Josh Rudin
President
Rudin Enterprises
N/A
N/A
Majors
Industries
Job Functions
Traits
Real Estate
Real Estate
None Applicable
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Career Path of a Real Estate Investor and Entrepreneur
Josh's career path deviated from traditional education, beginning with real estate investment at age 19 after a mentor introduced him to the concept of "buy[ing] as much real estate as you can," leading to flipping houses, short-term rentals, and eventually acquiring a property management company, demonstrating a growth trajectory marked by continuous adaptation and entrepreneurial spirit. The evolution from individual investor to business owner, managing "22 properties under management," highlights the strategic shifts and risk-taking involved in Josh's success.
Main Responsibilities Of An Owner At An Airbnb Management Company
Josh, President of a new Airbnb management company, describes their main responsibilities as overseeing a multi-layered team—"managing managers who are managing virtual assistants and cleaners"—while handling "pricing and hiring," a process that has included some early employee turnover ("I've already had to fire three managers"). The experience highlights the challenges and evolution inherent in building a new business.
A Day In The Life Of A President At Rudin Enterprises
Josh, President at Rudin Enterprises, describes a typical day as prioritizing "peace within the company," including recent difficult personnel decisions like letting a manager go to resolve conflict. This role also involves high-level decision-making, such as approving refunds, while focusing on business growth through marketing, sales, and hiring "better people."
Most Important Skills for a President at Rudin Enterprises
For a president at Rudin Enterprises, leadership is paramount, requiring the ability to "lead everybody to do the right thing" while empowering others. Success also hinges on strong people skills, fostering a positive work environment where everyone feels valued and supported to achieve company-wide success.
Favorite Parts of Being a President at Rudin Enterprises
Josh, President at Rudin Enterprises, finds the most rewarding aspect of his role is "the people," emphasizing the opportunity to positively impact their lives and careers by providing opportunities regardless of formal education. This focus on building relationships with both employees, whom he molds into valuable assets, and successful clients, makes the work deeply fulfilling.
Biggest Challenges Faced By A President At Rudin Enterprises
Josh, President at Rudin Enterprises, cites two major challenges: the difficulty of "hiring the right person," illustrated by needing to replace five employees due to unforeseen behavioral issues that only surfaced after a period of time, and managing demanding clients requiring constant attention and exhibiting "extremely rude" behavior, forcing a need to balance client retention with maintaining composure.
Favorite Parts of Working in the Vacation Rental Industry as a President
Josh, President at Rudin Enterprises, enjoys the "amazing houses" and the "high income people" involved in the industry, finding the process of creating and providing these experiences rewarding. The diverse career opportunities within the business, from cleaning to pricing, coupled with perks like complimentary stays in properties, contribute to a fulfilling and unique career.
What Type Of Person Thrives In The Real Estate Industry, According To A President At Rudin Enterprises
High-achievers in the real estate industry, according to Josh, President at Rudin Enterprises, often leverage "a podcast," "mastermind groups," and a strong social media presence to build their brand and attract followers. This strategy of creating "cool content" allows them to capitalize on the public's fascination with real estate and investing, ultimately leading to success.
What a President at Rudin Enterprises Wishes They Had Known Before Entering the Real Estate Industry
Josh, President at Rudin Enterprises, learned the hard way that the role demanded a "full team," contrary to initial assumptions that the work could be managed with fewer employees. This realization, coupled with unexpected challenges like "very rude guests" and the constant "on call" nature of the job, led to regret over the business acquisition and a subsequent restructuring.
Entry-Level Positions for Aspiring Entrepreneurs
Entry-level roles in Josh's field at Rudin Enterprises include "assistant manager," potentially even "area manager," managing cleaning crews, or handling communications; a recent hire, a 21-year-old, assists a 26-year-old in tasks such as coordinating maintenance and vendors, illustrating a potential career path to even "start your own business."
Significant Career Lesson from a President at Rudin Enterprises
Josh, President at Rudin Enterprises, emphasizes the importance of seeking help and building a team, stating that "asking for help...and hiring people to do things for you is the fastest way to growth." This contrasts with a past mistake where a lack of seeking advice led to a negative outcome, highlighting the value of collaboration and leveraging others' expertise for career success.
How a President at Rudin Enterprises Succeeded Without College
Josh, President at Rudin Enterprises, bypassed traditional college, finding a mentor at 19 who steered him toward a successful real estate career; this unconventional path highlights that while college is beneficial for those unsure of their career path, targeted education through "masterminds" or other avenues can be equally effective for specific industries, as Josh's experience demonstrates.
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