DiscussionStory

The Risk of Keeping Your Best Player Part-Time with Peter Nukasan

Leadership in Land38m 55s

Peter Nukasan discusses his land business journey, team structure, and leadership lessons learned while scaling from a solo operation to managing full-time and part-time employees. He emphasizes the importance of doubling down on your most valuable player, fostering self-starter mentality, and building genuine relationships with team members to create ownership and autonomy.

Summary

Peter Nukasan shares his entrepreneurial background, starting with computer refurbishment on eBay at age 16-17, followed by a t-shirt clothing brand, and eventually landing in the land business in late 2019. He discovered land investing through Rich Dad Poor Dad and LandWatch, connecting with Matt Nunn from None Land Sales. His business operates on two fronts: retail owner financing (buying cheap land and selling on terms) and wholesale (bulk sales to other investors).

His current team consists of Mike Madrigal (full-time sales director handling both retail and wholesale leads), Noah (part-time operations managing deeds and notarization), Aaron Nola (part-time customer service for retail owner financing customers), and one full-time overseas VA in the Philippines handling back office work. This structure evolved from Peter working solo for nearly the first year. He was initially uncomfortable with hiring full-time staff but found that investing in his MVP (most valuable player) paid for itself within six months.

Peter's leadership philosophy centers on asking questions rather than providing answers, which empowers team members to become self-starters and problem solvers. He prioritizes understanding his team's personal goals and aspirations, having conversations roughly twice yearly about their ideal life scenarios. He also builds relationships outside of work—for example, helping Mike negotiate a car purchase and setting goals around Mike's passion for cars (like acquiring a Porsche Boxster).

He identifies a key accidental discovery: when he delayed responding to team questions, the number of questions dropped dramatically within one to two weeks, forcing team members to solve problems independently. This builds confidence and a culture of self-reliance. He emphasizes eliminating business bloat (unnecessary software and underperforming VAs) to free up resources to properly support high-performers.

For hiring, Peter uses HireMyMom.com (which produced Aaron Nola), referrals (Noah), organic inbound leads (Mike), and recently Indeed.com with paid promotion, which generated 81 applicants for a local position with just $60 in advertising. He considers recruiting services like Remote Latinos and Robert Half as options for higher-level positions but currently keeps his team lean.

For organization and tracking, he uses Trello for personal and company task management, with color coding and due dates. He plans to implement KPI tracking using Google Forms integrated with Airtable (or Airtable forms directly) to have team members submit weekly metrics. He also uses QuickBooks for financial tracking and acknowledges the need to implement automated financial reporting and trend analysis. He notes that effective management typically spans only four to five direct reports, necessitating a departmental structure with department heads as organizations scale.

About this episode

Peter shares why one of his biggest leadership lessons has been to double down on your MVP, or most valuable player. He explains how making his top team member full-time changed the business, why he regularly talks with employees about their personal goals, and how those conversations help create stronger alignment and trust. We also get into: How Peter structures his retail and wholesale teamsWhy he prefers keeping the business leanHow HireMyMom and Indeed have worked for hiringHow he gener...

Key Insights

  • Peter discovered that delaying responses to team questions caused the volume of questions to drop by 50% within one to two weeks, suggesting that forced autonomy naturally develops problem-solving ability and reduces dependency on leadership.
  • Peter's MVP Mike Madrigal was initially a prospective land buyer who saw a LandWatch listing and reached out—demonstrating that sales talent can come from unexpected sources and that customer-facing interactions provide hiring opportunities.
  • Peter attributes team engagement partly to understanding personal goals outside of work: he asked Mike what his ideal life looked like and discovered a passion for cars, then set business goals aligned with that passion (acquiring a Porsche Boxster).
  • Peter intentionally cut $2,000 per month in business bloat (accumulated small software subscriptions and an underperforming VA) specifically to redirect resources toward properly compensating and supporting his MVP.
  • Peter found that hiring a full-time sales director (Mike) paid for itself within six months despite initial discomfort, and attributes this to the MVP handling both wholesale and retail sales across the entire business.
  • Peter recommends using Indeed.com with native paid advertising ($60 spent) as more effective than traditional job posting for local positions, generating 81 qualified applicants.
  • Peter uses a leadership approach of asking questions back to team members rather than providing direct answers, which he describes as 'deflecting' but notes creates deeper engagement than directive leadership.
  • Peter maintains Trello boards separated by business (land business, Once Upon a Brick real estate company, personal board), with the land business board alone containing 28 active tasks, and plans to automate daily summaries of completed tasks.

Topics

Team building and hiring strategiesLeadership and delegationSelf-starter culture and problem-solving autonomyMVP/GOAT identification and investmentLand business model (retail and wholesale)Task management systems (Trello, Airtable)Financial tracking and KPI monitoringRelationship building with employeesScaling from solo to team-based operation

Transcript

Welcome to the Leadership in Land podcast, where we talk about what actually moves the needle in the land business. This show isn't about getting rich or quick schemes or magic mail pieces. It's about leadership, systems, decision making, the stuff that you just happen to figure out after your third or fourth pricing mistake, or maybe just your first. This deal looks great on paper kind of moment. Well tune in with me today, my friends, and let's dive right in. You're listening to the REtipster podcast network. Okay, so quick question for you. Have you heard of our school community? I just want to make sure to invite you to check that out. If you're listening to this…

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