CFD 122 - Failing is Necessary to SUCCESS! Learn to Do it Well...
After managing 400+ units and helping STR hosts in 17 countries achieve $800+ monthly net income per bedroom, I'm sharing my best strategies - free.
Every Monday and Thursday, you'll get:
✓ One actionable STR automation strategy
✓ Data-driven market insights that matter
✓ Implementation frameworks that work
✓ Real case studies from our 20,000+ community
No fluff. No theory. Just proven systems from my living room "office" (fueled by Celsius and Chick-fil-A).
These are the exact insights that help our community achieve:
• 30%+ profit margins
• 80% automated guest communication
• 5+ hours saved weekly
👉 Join 20,000+ successful STR hosts at https://newsletter.cashflowdiary.com/welcome
Now, let's dive into today's episode...
If there is one thing that you should be learning from listening to the Cash Flow Diary podcast, it's that failing is a part of success. You cannot avoid failure events. It's how you handle them that matters. In this episode you get a little insight into some of the small failure events that occurred at our recent Black Friday live-streamed Cashflow 101 board game event. Things didn't go as smoothly as we intended, but it's okay. The game happened, we had a great time, people as far away as Barcelona were watching us and learning how to run games better, and we received excellent questions from viewers and players in the room. We learned from all the little things that didn't go well or as well as they could have. Awesome! We didn't just pack it in, take our ball and go home. We managed the technical issues and moved forward anyway. Apply this insight to what you're doing as a Real Estate Investor. If you talk to 10 people and still don't have a YES from a seller, buyer or investor, don't stop and tell yourself "it" isn't working. Keep going. Take from those experiences and see what you can learn from them. Dissect the experiences. Define your process. Redefine the process. Get better at what you're doing. Study the Four Levels of Learning. Even if you've watched our video on that topic before, go back and watch it again. Your goal is to become Consciously Competent! That's the fourth level. For now, listen to this episode and learn why getting comfortable with failing forward and failing often is okay.
Dear Future Top Performer,
Are you tired of working harder instead of smarter in your STR business? Here's a wake-up call: The most successful hosts aren't grinding 24/7 – they're leveraging a proven formula that transforms average properties into profit powerhouses.
Let me share something game-changing with you...
There's a simple yet powerful equation that's revolutionizing the STR industry:
L × C × F × M = GP
This isn't just another fancy acronym – it's the exact blueprint top performers use to:
• Generate consistent leads without burning out
• Convert browsers into eager bookers
• Maximize guest frequency (hello, repeat customers!)
• Amplify their margins while others race to the bottom
Right now, you're probably leaving thousands on the table. The truth? 80% of your potential profits are locked behind just 20% of the right actions.
Ready to stop bleeding money and start leading the pack?
Join our newsletter today and get weekly insights that will help you:
✓ Master the Growth Formula
✓ Optimize your listing for maximum visibility
✓ Create an irresistible guest experience
✓ Scale your business the smart way
Don't let another day pass watching others succeed while you're stuck in the grind.
👉 Click here to join the newsletter and start your journey to the top 10%!
