Text or WhatsApp (808) 600-9260

Larry Connor

Built The Connor Group, a real estate firm that runs luxury apartment communities as operating businesses.

Industry
Real estate
Country
United States
Format
Video interview
Interviewer
Richard C. Wilson
Source
Forbes profile
Larry Connor

Watch the Interview

Larry Connor interview with Richard C. Wilson

About Larry Connor

Larry Connor is a billionaire who founded The Connor Group. The firm specializes in luxury apartment communities. It manages over $5 billion in assets across 18 markets (firm assets under management, not personal net worth). He also owns an investment firm that manages about $750 million. Larry grew up in the Midwest. He says he was not a good student. He went to Ohio University and studied English with a focus on Shakespearean literature. Before real estate, he worked in the computer industry. His computer company failed, and he carried those lessons into his next business. He and his partners have owned and operated eight businesses. Seven of them were very successful. The Connor Group treats each apartment community as an operating business. Larry has traveled to outer space and the deep sea. He set a world record by jumping from a hot air balloon while raising over $1 million for charity.

What They Shared in the Interview

  1. 01

    Learn from every mistake.

    Larry's team owns its failures and makes no excuses. They learn, change quickly, and keep getting better.

  2. 02

    Focus on the process, not the outcome.

    Compare your results to the results you want. Then review your beliefs and strategies and make planned changes to your systems and processes.

  3. 03

    Hire outside your industry and train well.

    The Connor Group hires no one from the industry and invests millions each year in training. Its technicians handle 20 to 25 tickets per day.

  4. 04

    People are the problem and the solution.

    Larry believes most problems and most solutions come from people. He says it helps to see quickly when someone is not right for a role.

  5. 05

    Culture is shown through action.

    Culture is not mission statements or plaques on the wall. It is actions and deeds.

  6. 06

    Use the four P's.

    People, Plan, Processes, and Perseverance matter more than how much money you have.

In Their Words

“We believe that 90% of your problems are people problems, and 90% of your solutions come from people.”
Larry Connor, interview with Richard C. Wilson
“If you gather a group of people who share the same commitments and philosophies, and aim high, you can do the impossible.”
Larry Connor, interview with Richard C. Wilson
“You can get lucky, but what lasts long-term is rooted in people, grit, and perseverance.”
Larry Connor, interview with Richard C. Wilson
“You’ll make mistakes along the way, but the key is to not stop.”
Larry Connor, interview with Richard C. Wilson
“Success relies on the four P’s: getting the right people, having a plan, building processes, and maintaining perseverance.”
Larry Connor, interview with Richard C. Wilson

FAQs

What does The Connor Group do?

The Connor Group is a real estate investment firm that specializes in luxury apartment communities. It runs these communities like businesses. It manages over $5 billion in assets across 18 markets (firm assets under management, not personal net worth).

What are Larry Connor's four P's?

The four P's are People, Plan, Processes, and Perseverance. Larry says that with the right people, a solid plan, effective processes, and perseverance, your chances of success are high.

How does Larry Connor give back?

Larry believes that people who have been successful should give back. He supports programs for kids and communities, especially underserved ones. He has invested in the first private school in Ohio focused on under-resourced kids.

Related interviews

Meet billionaires and family offices in person at Family Office Club events.

Sources