The Science of Small Things
Small things lead to big differences. I’ve bought many things in my life and sold a lot of real estate in my career, and I’ve found that some of the biggest decisions my clients and I have made have been made because of the smallest differences.
One of the first sales in my career was sealed because the $4M loft I was selling had a $500 washer/dryer in it.
I recently sold a $21M home, partly because the building had a $20K cold plunge.
It’s this small difference that separates the top brands and businesses.
Most successful developers and projects know all about this “science of small” and create a differentiation in their offerings. It used to be washers/dryers; now it’s cold plunges, saunas, and steam rooms.
And we see lots of them in real estate.
The doorman remembers your name.
-8ft doors.
-Pot fillers.
-6ft tubs.
-That extra sink.
-The built-in water filter.
Lewis Hamilton has won 105 Formula 1 races. His smallest recorded winning margin was 0.439 seconds, and his largest was 1 minute and 8.577 seconds.
Less than 1% of extra effort
I aim to focus on the small things because these make up the big picture.
Side Bar:
Last week, Spirit Airlines filed for Bankruptcy. This week, Delta Airlines announced that it will offer Shake Shack to its first-class passengers. It almost makes me want to pay for that upgrade, but that would be a really expensive cheeseburger for a very small difference.
Let's do this-
Shaun
Owners Representative/Construction Consultant
1moHi Shaun. Our Daughter who has two girls, ages 1 and 3 says she would want a building to have a designated kids play space. Is that something new Developpements are offering?