Nov 26 2024 16 mins 1
What’s the biggest mistake holding short-term rental owners back from real growth? In this solo episode of Cash Flow Positive, Kenny uncovers the number one hack to scaling your STR business without burning out. The secret? Shifting your focus from simply adding more properties to building a team and system that creates true freedom. Kenny shares the strategies that helped him move from an operator mindset to a CEO approach and emphasizes why quality over quantity is the key to achieving success.
He also explains how many investors fall into the trap of trading their nine-to-five job for another job by focusing solely on the number of doors they manage. He discusses the importance of prioritizing cash flow and hiring the right team, especially virtual assistants, to handle repetitive and time-consuming tasks.
This episode is packed with insights on how to create a scalable business model, achieve a higher time ROI by investing in people, and adopt the mindset of a true CEO. Whether you’re managing a few properties or planning to expand your portfolio, Kenny’s actionable advice will inspire you to work smarter, prioritize what matters, and achieve more freedom in your business and personal life. Enjoy!
In This Episode You'll Learn:
- Avoid the trap of trading one job for another; focus on quality over quantity
- A CEO mindset is about prioritizing time and hiring the right team to scale effectively
- Virtual assistants can handle repetitive tasks, giving you time to focus on growth
- Investing in people yields a higher time ROI, allowing for more freedom and balance
- Scaling a business requires surrounding yourself with individuals who support your vision
- And much more…
Resources:
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