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The Good Endeavor Business ShowAuthor: Mark McDaniel
Get passive income through short term rentals, and decide if youre cut out for managing it yourself. If managing properties fills you up, youll learn how to build a management business. If it doesnt, youll learn how to hire the right one. Airbnb, VRBO, STR, whatever name you know it by, you can make property management a good endeavor and be fulfilled while keeping the booking calendar filled as well. Im Mark McDaniel. Im not a real estate agent. I knew nothing about property management when my partners and I sold an IT company in 2015. I bought a 4 bedroom vacation rental in Tennessees Great Smoky Mountains with an indoor pool and what feels like a hundred mile view. But I quickly learned the way my first property manager worked, didnt work for me. The second, third, and fourth were significantlyno better. With the idea of being a passive real estate investor now out the window - that 100 mile window - I applied my key principles and unlocked the secret to maximizing the value of rental properties, keeping the calendar full, and being satisfied and fulfilled by my work. The techniques youll hear on The Good Endeavor Short Term Rental Show can be applied to any business, but they sure do make short term rentals more enjoyable for the host, more enjoyable for the guests, and more profitable for the owner. Language: en Genres: Business, Investing, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Running a Franchise like a Business Owner With Brian Beers
Episode 31
Wednesday, 6 March, 2024
Imagine transforming a family business into a thriving franchise empire; that's the story of Brian Beers, the mastermind behind a multi-million-dollar automotive legacy. Brian joins us to unpack the pivotal moments and strategies that catapulted his family's modest enterprise into a powerhouse with 33 locations. If you’ve considered buying a franchise, this episode is for you.From helping you understand the advantages of acquiring existing franchises, the role of seller financing, and the value of community involvement within the franchise network -> to providing you insights into effective hiring practices, compensation models, and debunking the misconception of inherent profitability in franchises – this episode is PACKED with franchise insights you don’t want to miss out on.Topics Covered:09:35 From small business owner to $50 million in revenue12:07 Do all franchises have a playbook on how to be successful?18:12 Should you hire an operator from the start?22:07 Owner finance deals selling points and benefits26:23 Why some people make it and others don’t32:15 From 0 to 21,000 social media followersAnd more!About Brian Beers:Podcast - Business with Beers https://podcasts.apple.com/us/podcast/business-with-beers/id1562821011 Twitter - https://twitter.com/brianbeers Connect with Bobby Herrington:Instagram: https://www.instagram.com/bherringtonruns Website: www.205endurance.com Facebook: https://www.facebook.com/bobby.herrington.792 Connect with Mark McDaniel:Website - https://staysimpli.com/Instagram - https://www.instagram.com/staysimpli/Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/Twitter - https://twitter.com/staysimpliTikTok - https://www.tiktok.com/@staysimpli
