#133 - Interview with Shirin Kanji, CIO of Impact Properties

QUOTE OF THE WEEK

"People buy into the leader before they buy into the vision." - John C. Maxwell

FOOD FOR THOUGHT

Circle of Competence Podcast Episode #15 - Shirin Kanji, Chief Investment Officer of Impact Properties

This week, I'm excited to share my conversation with Shirin Kanji, President of Impact RTO Holdings and Chief Investment Officer of Impact Properties. The story behind Impact properties is one that proves that the American Dream is still alive and well with the right combination of work ethic, grit, and discipline. Their family has built an organization centered around real estate development and retail franchise operating companies.

In our conversation, we covered:

- The story behind Impact Properties

- The family's first hotel development deal

- The unique model behind the Kanji family business

- Branded hotel development and operations

- The competition and differences between the hotel market and Airbnb

- The factors to consider when investing in franchises

- What it takes to operate retail franchises

- The family's Rent-A-Center franchise investment

Links:

- Impact Properties website

- Shirin's Twitter account

LINKS

Investing

The Essex Boys: How Nine Traders Hit a Gusher With Negative Oil (Bloomberg)

BizBuySell small business transaction insight report - Q3 2020 (BizBuySell)

A tale of bubbles past (Chris Mayer)

California water futures begin trading amid fears of scarcity (Bloomberg)

Real Estate

RE #91: Spencer Levy - Chairman of Americas Research & Senior Economic Advisor for CBRE (The Fort Podcast)

Cities, the pandemic, and micromobility (Wired)

Why Blackstone and other private equity giants are gobbling up warehouses (Pitchbook)

Technology

Introducing Mesa: a plug-and-play energy saver for office spaces (Sidewalk Talk)

APIs all the way down (Not Boring)

Corporate reporting in the era of artificial intelligence (NBER)

Software ate the world - now it's eating software companies (Protocol)

Why did renewables become so cheap so fast? And what can we do to use this global opportunity for green growth? (Our world in data)

The network effects bible (NFX)

Geopolitics

China Is National Security Threat No. 1 (Wall Street Journal Op-Ed)

The Party That Failed - An Insider Breaks With Beijing (Foreign Affairs)

Misc.

After minimalism (David Perell)