CFD 129 - Steve Daar Teaches Us How to Hack Profits!
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...
Without sales you don't have a business for long. That's true for all businesses in all industries. One person who knows a whole lot about this topic is Cash Flow Diary podcast guest Steve Daar, the super trooper of profit hacking. This business owner, author and entrepreneur started out as a financial advisor for school teachers of grades K through 12. What he learned is that he wasn't really hired to do any favors to the teachers, which outraged Steve enough to open his first business. In Steve's words, it was an impressive failure, but that experience opened him to what he didn't know and what he needed to learn to make another business be a success. He says it become abundantly clear that to be a success in any business he would have to learn all he could about sales and marketing. He says that he continues to learn so he can help more and more people be more successful in their businesses. He found out that no matter how much specialized knowledge one has, other and different knowledge is going to be needed when it comes to running your business profitably. For example, while Steve knew a whole lot about being a financial advisor, he learned it had little to do with marketing his business. He began talking to marketing strategists and reading lots of books on the topic. He found one thought leader and master marketer, Dan Kennedy, to be extremely helpful. He gobbled up everything he could from Kennedy to help him in his business. Then Seve went on to pick the minds of several other marketing and strategy experts. He ended up becoming one himself and now teaches others how to "hack profits" from their sales through smart marketing. Steve talks about how to make tiny tweaks to your online marketing efforts to double or triple your conversion rates, which creates a whole lot more sales month after month. What you'll learn in this insightful interview is that you probably don't have a traffic problem; it's more likely that other things are going on. You are going to want to take notes through this entire interview, because Steve Daar shares a lot of what he's learned about converting traffic to greater numbers of customers and more sales. You are going to learn a great deal in this episode that you can put to immediate use! Get ready.
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%!
