Nov 19 2024 18 mins
Are you running your short-term rental business, or is it running you? In this episode of Cash Flow Positive, Kenny dives deep into the crucial mindset shift every entrepreneur needs: thinking and acting like a CEO. Too often, short-term rental owners fall into the trap of creating a new job for themselves instead of building a scalable, sustainable business. Kenny shares his hard-earned insights on how to break free from this cycle and align your business with your vision for financial freedom.
From hiring the right people with a growth mindset to fostering a collaborative culture where ownership and innovation thrive, Kenny offers practical advice that’s grounded in experience. You’ll discover why empowering your team, setting up systems, and letting go of micromanagement are critical for scaling successfully. He also discusses the importance of maintaining balance and staying true to your goals, offering actionable strategies to create a business that works for you—not the other way around.
Whether you're managing your first property or scaling a large portfolio, this episode will inspire you to embrace the mindset of a true leader. With Kenny’s guidance, you’ll gain the confidence to step back from day-to-day operations and focus on what really matters: strategic growth, empowering your team, and achieving your ultimate goal of financial freedom.
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In This Episode You'll Learn:
- Transition from treating your business like a job to embracing your role as a CEO
- Focus on building a business that achieves financial freedom rather than trading one job for another
- Hire the right people with a mindset for growth and ownership
- Motivate your team members to grow alongside your business by offering opportunities and incentives
- Foster an environment where employees can offer constructive feedback and take ownership of challenges
- Shift your focus from managing day-to-day tasks to overseeing strategic growth and scaling effectively
- And much more…
Resources:
Connect with Kenny on LinkedIn
Book:
Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork