Three Quick Tips To a VERY Solvent Greek House
In the hundreds of Greeks I have met in the last ten years, the one with the best – most pithy advice – was Tommy Moore (Theta Chi). His advice was simple, direct and brilliant:
“Clean ’em up; fill ’em up; collect the rent.“
I’ve changed that somewhat. Mine is this:
“Clean ’em up — spectacularly!”
“Fill ’em up – all 365 days of the year.”
“Optimize revenue opportunities, especially in the summer.”
The first one – “Clean ’em up” has a wee hint on how to do that smart – and on the cheap. Try —>> YouthBuild.
The second one (Fill ’em up) is obvious – but very few Houses work hard to do just that — in the summer.
The third one, arguably. – Optimize Revenues – is the most important one, especially in the summer. Yet, in the summer, there are three revenue streams that should be optimized:
- Rental income – especially from youngsters ages 11-17;
- Seminar income – one and two-day seminars aimed at improving House operations, fund-raising, recruiting/outreach, social networking, use of technology;
- Sponsor revenues which are for the benefit of the youngsters staying in the House in the summer.
This is not as pithy as Tommy’s. But it’s good advice and fits perfectly with the chief goal of the House: To enrich the lives of those who sleep inside…to include youngsters — age 11-17 in the summer.
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