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    Business

    Cashflow Diary™

    J. Massey, real estate investor, entrepreneur, sales coach, instructor, master facilitator of Robert Kiyosaki’s CASHFLOW™ 101 games and creator of Cashflow™ Diary, offers free training courses for new and experienced investors.

    Break through the clutter of learning real estate and business investing and become a successful entrepreneur. Listen to beneficial strategies to improve your skills in prospecting, placing offers, closing deals, buying, selling, wholesaling, fix & Flips, rehabs and much more. By way of Cashflow™ Diary, J. Massey basically gives away current industry strategies by simply teaching what he does daily as a real estate practitioner.

    Start Learning For Free Today.

    Advertise
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    Latest Episodes:
    Investing Overseas with Lief Simon Sep 18, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Lief Simon is co-founder and investment director of Live and Invest Overseas. He is the Editor of the Offshore Living Letter and Simon Letter. He has lived and worked on five continents and traveled to more than 60 countries. In his long career as a global property investor, Lief has also managed multi-million dollar portfolios of rental properties, for others and for himself.

    Podcast Highlights

    • Who is Lief Simon?

    Lief grew up in Phoenix and his goal in high school was to specifically go to graduate school and get an international management degree. He didn’t really know what that meant at the time, but the opportunities that came out of that degree were what opened the doors to him being able to move overseas for the first time 21 years ago.

    Lief knew that he got bored easily, so a career in accounting or some sort of office wasn’t something that he was interested in, even at the age of 14.

    • What lessons did you not learn during your formal education?

    It’s easier to find real estate listings because of the internet, but if you’re looking at an English listing for a property in another country, you’re probably seeing the most overpriced property in that area. You have to be able to drill down to the local pricing if you want to start investing overseas.

    The easier something is in looking for real estate, the higher the price. You pay a premium for convenience. Lief has no problem making an “offensive” offer because it means actually getting closer to the proper price.

    Most Americans are willing to pay whatever the price on the price tag is, they don’t typically negotiate, but for other cultures that doesn’t hold true. In many cultures, negotiation is expected and with real estate there is almost always some room for movement on price.

    Another big lesson is that outside of the US, make sure you use a real estate attorney to help with your deals. In many countries there aren’t as many protections for buyers and there are rarely any safety nets so you will need some help investing overseas.

    • How has your relationship with fear changed?

    Lief has always been a little more aggressive than most people, if he can live with the worst case scenario he will move forward. Many people aren’t comfortable with the worst case scenario, if they even consider it.

    • What did you gain from your formal education?

    If you want to compare opportunities you have to find your Internal Rate of Return (IRR). If you’re a real estate investor your annual yield is your IRR, but with other types of investments like teak plantations that can be quite difficult because you can’t just compare the cash flows. Having a handle on certain accounting concepts has been an asset.

    As Lief gets older he’s become less focused on capital appreciation and has started looking at agricultural opportunities. The timeline on those investments is much longer, but it gets away from some of the challenges of finding a good deal in real estate.

    • Investing Overseas

    If someone were to try to learn the process of investing overseas on their own, the first thing they should do is look for a real estate attorney and an english speaking real estate agent. A rental manager will also be important. The main thing to remember is that if you’re buying a rental property, make sure it’s one that will actually rent in the market you are buying it in. Ask the property manager what kinds of properties they work with if you need direction.

    Sometimes learning things on your own is not worth the time and energy without having a guide to show you the shortcuts. Investing overseas is one of them.

    • Lief’s Takeaway

    Pick a country where you think or know that you want to spend some time to look for potential real estate opportunities. If you like the idea of living in a particular country that’s a good place to start, rather than looking on the internet for the best marketing opportunities or yields available.

    Links:

    liveandinvestoverseas.com

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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%!


    Find Your Second In Command With Cameron Herold Sep 16, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Cameron Herold is host of the Second in Command podcast and bestselling author of The Miracle Morning for Entrepreneurs: Elevate Your SELF to Elevate Your BUSINESS, Meetings Suck: Turning One of the Most Loathed Elements of Business into One of the Most Valuable, and the new books Free PR: How to Get Chased By The Press Without Hiring a PR Firm and Double Double: How to Double Your Revenue and Profit in 3 Years or Less (in its seventh printing).

    Herold is the founder of COO Alliance, which helps COO’s become better leaders. He is the mastermind behind hundreds of companies' exponential growth and has built a dynamic consultancy, including his time as COO of 1-800-GOT-JUNK?. His current clients include a 'Big 4' wireless carrier and a monarchy.

    Podcast Highlights

    • Who is Cameron Herold?

    Cameron’s first entrepreneurial memory was when he was seven years old. He was cold calling dry cleaners about how much they would pay for coat hangers. His parents raised Cameron and his siblings as entrepreneurs right from the beginning so there wasn’t really a time before then when he wasn’t doing his own thing.

    • Why Second in Command?

    Cameron started off his entrepreneurial career with College Pro Painters within a franchise which super charged his growth as an entrepreneur. He went on to work in three other companies where he was second in command and helped those companies grow. All that prepared him to take 1-800-GOT-JUNK from 14 employees to 3100 employees and that’s where he found the match between the CEO and the COO.

    A lot of the time the entrepreneurs that start a business have all the vision in the world but don’t have the skills they need to grow their business, so it makes sense to bring someone in who has those skills.

    The CEO in the early days of a business is the Chief Everything Officer, but that eventually evolves into the Chief Energizing Officer once the business gets going. When they transition in the later stage they can deliver on the why of the business but not necessarily the how, which is when the COO comes in.

    • When should a CEO bring on the COO?

    You need to completely trust the person as your COO on day one. If you don’t have the trust level built up, you need to keep interviewing and doing reference checks until you can trust them with the keys to your house and password to your bank account.

    Try not to get wrapped up in the title, the COO could also be the VP of Operations or General Manager. You can find multiple people to shore up your weaknesses, the point is to find someone with skill sets that you don’t have.

    The entrepreneur needs to know what has to happen and the COO needs to know how it has to happen. They are the executors of the business and need to be given free reign to accomplish the entrepreneurs vision.

    • Playing out of position

    The CEO and the COO work in tandem. Whatever the CEO is good at, that becomes their role in the business Whatever they are not good at, they should hire a COO to fulfill those roles. This means you can outsource the vision if that’s not your strength, as long as it facilitates your end goal of time, money, and freedom.

    When you delegate finance you must trust but verify. There are ways that companies can bring on interim financial officers if they can’t afford a full time CFO to manage the finance side.

    • Your Unique Ability

    Dan Sullivan talks about the idea of Unique Abilities, it’s where you basically categorize everything you do in one of four ways: Incompetent, Competent, Excellent, and Unique Abililty. Incompetent is where you’re not good at something, Competent is where you can do something, Excellent is where you do something well but don’t necessarily enjoy it, and Unique Abilities are the things that you would do for free. The goal of the CEO is to delegate everything that isn’t one of your Unique Abilities.

    • How do you find a second in command?

    The first step is crafting your vivid vision, where you describe your company in the future in such detail that somebody reading it will get excited about it. Once you’ve done that you create a job description that really polarizes people. Once you put that out you will start to find people who fit that mold.

    A tell tale sign that a business needs a COO is the entrepreneur that keeps banging their head against a wall trying to make something work, but they just can’t see the shortcuts that will get them past the obstacle. When you’re ready to learn you have to surround yourself with people who know more than you, get into a mastermind, and find those shortcuts.

    Reference: The Miracle Morning for Entrepreneurs: Elevate Your SELF to Elevate Your BUSINESS, Cameron Herold

    • Cameron’s Takeaway

    You have to jump and bring with you three things, focus, faith, and effort. You have to stay focused with your time, energy, and marketing. You have to protect your confidence in yourself, your market, your team, and your learning. Work everyday to keep up your level of faith in yourself. Then you have to truly put in the effort, working for yourself is harder than having a job but you have to put in the work. If you do those three things you will be successful.

    Links:

    The Second In Command podcast

    The Miracle Morning for Entrepreneurs: Elevate Your SELF to Elevate Your BUSINESS

    Double Double: How to Double Your Revenue and Profit in 3 Years or Less

    Meetings Suck: Turning One of the Most Loathed Elements of Business into One of the Most Valuable

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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......


    The Art of Being Productive Sep 13, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Nir Eyal writes, consults, and teaches about the intersection of psychology, technology, and business. The M.I.T. Technology Review dubbed Nir, “The Prophet of Habit-Forming Technology.” Nir founded two tech companies since 2003 and has taught at the Stanford Graduate School of Business and the Hasso Plattner Institute of Design at Stanford.

    He is the author of the bestselling book, Hooked: How to Build Habit-Forming Products and Indistractable: How to Control Your Attention and Choose Your Life.

    In addition to blogging at NirAndFar.com, Nir’s writing has been featured in The Harvard Business Review, TechCrunch, and Psychology Today.

    Podcast Highlights

    • Who is Nir Eyal?

    Nir describes himself as a chubby immigrant from Israel. He moved from Israel with his family when he was 3 years old and always had a bit of a weight problem, which was actually how he started exploring the idea of how certain products can get us hooked and change our behaviours.

    A phrase that authors like to repeat is “research is mesearch”, which is exactly why Nir likes to write. He wrote his first book because he couldn’t find a satisfactory answer out in the wild around how to use technology to build healthy habits in user’s lives, so he wrote it himself. It was the same with his second book, we all know what we need to do so the question was why don’t we do those things? It’s certainly not a lack of knowledge.

    • Changing Behaviours

    Unless we figure out why we are distracted on a psychological level, we will go back to our default behaviour and old habits. The opposite of distraction is not focus, it’s traction. Traction is any action that pulls you towards what you want and distraction is what pulls you away.

    The key is that it’s not the technology that’s the problem, it’s the idea that technology is the problem. As long as we have a scapegoat to blame the issue on, we don’t have to do anything ourselves.

    Imagine how powerful you could become if you simple did everything you said you were going to do.

    • Becoming Indistractable

    Most people will tell you that motivation is about the pursuit of pleasure and the avoidance of pain, but it’s not true. Neurologically speaking it’s pain all the way down. All products cater to uncomfortable sensations because wanting something is neurologically and fundamentally uncomfortable. This means that time management is also pain management.

    We have to come to terms with the fact that our behaviour is driven by the desire to escape discomfort, and we only have two choices to deal with that. We can either learn techniques to cope with the discomfort, or fundamentally change the source of the discomfort.

    There is nothing wrong with watching cat videos, it’s only when it distracts you from the things you value like being with your kids. Time you plan to waste is not wasted time.

    • Living Your Values

    When it comes to external triggers, there is nothing inherently bad about them. It comes down to whether they are helping you gain traction or pulling you into distraction. By far the most distraction comes from internal triggers like boredom and fatigue.

    You have to make time for traction, put time into your day when you live out your values. Two thirds of Americans don’t keep a calendar, and the other third doesn’t use it properly. To-do lists are only half the solution, the other half is actually putting those tasks into your calendar, and that includes things like Family Time.

    If you can’t tell me what you got distracted from, you can’t complain about being distracted. You have to do something with intent before you can be distracted from it, otherwise you’re just drifting.

    Technology and app developers are attention merchants, but it is possible to hack your attention so you don’t give it away for free.

    One of the most common distractions today doesn’t come from technology, it comes from colleagues, which is why every copy of Indistactable comes with a detachable sign to keep your colleagues from popping in uninvited. The cost to businesses of distractions in the workplace is gigantic.

    A diversion of attention is perfectly acceptable because they are chosen by you, distractions are often confused with them but they are not chosen at all. If you didn’t plan on doing that thing with your time, that’s when it’s a distraction.

    The antidote to compulsiveness is forethought. You have to take steps to prepare yourself and plan ahead so you can get the best of the tools available without letting them get the best of you.

    Reference: Indistractable: How to Control Your Attention and Choose Your Life, Nir Eyal

    • Nir’s Takeaway

    Reimagine your temperament. One of the pitfalls that many of us fall into is that think “we are who we are” but that’s just a story we tell ourselves. One of the best techniques you can use to change yourself and become indistractable is self-compassion. Talk to yourself the way you talk to a friend, with compassion and curiosity instead of contempt. You are more powerful than you think you are.

    Links:

    indistractable.com

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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
    ✓ ...


    Innago Creator On Building A Software Company Sep 11, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Dave Spooner is a co-founder of Innago, a property management software designed to simplify life for small to mid-sized landlords. He has been involved in the real estate technology space for the last 5 years, working to enhance the way landlords and tenants communicate. In addition to his expertise in content marketing, Dave utilizes his experience with entrepreneurship and management to help landlords achieve sustained success.

    Podcast Highlights

    • Who is Dave Spooner?

    Before getting involved in entrepreneurship Dave was a History and English major in college. The process of putting together his thesis was his first encounter with entrepreneurship and where he got the bug of trying to build something yourself. No matter what industry you’re in being an entrepreneur takes a lot of work and effort, but once you have the bug you can’t turn away from the path.

    Dave was actually surprised himself when he chose to be an entrepreneur, but there is a lot of overlap with people who are going through the process of education and looking for unique experiences and entrepreneurs.

    Dave’s first venture was really the piece of scholarship he was putting together for his thesis. It involved applying for grants and research, as well as negotiating.

    • Creating a Software Business

    Creating software is a difficult proposition, even when it goes to market you will have to constantly modify and fix it. Even features that are specifically asked for will end up being the wrong things to include and need to be scrapped or fixed. One of the keys to Dave’s success with Innago is listening to not just his customers and what they want, but also the customers who said no.

    The beauty of software development is that it is constantly changing and for Dave that means he gets to take on different challenges everyday. There is always something new to learn which is something that Dave really enjoys.

    Similar to Google, the origin of the name Innago was designed to create a sense of simplification and ease.

    • Why should a landlord choose Innago?

    The ease of use is the main feature of Innago. There are other options available but they are extremely complicated and difficult to use. For one of Innago’s major competitors they actually have people on LinkedIn who claim to be experts in the software, and for Dave that is exactly what he wants to avoid.

    Once they started building out the platform Dave realized that the other major barrier to entry was cost, so they decided to make Innago free to use. The only costs involved are paid for by the applicant/tenant. When a potential tenant applies they have to pay for a background check, and the second way Innago makes money is by taking a small percentage of the rental transaction.

    What Innago is meant to do is to automate the things that are basically data collection and other tasks that you as the business owner aren’t required to be involved in. It puts everything in one simple, easy to access place so that you can make better decisions about your business.

    One of the biggest challenges that landlords face is that real estate laws are different in each state and within each sector each landlord does things differently. Flexibility was another major focus in designing the software so that it could serve other sectors like short term rentals that are underserved.

    • Building Your Software Company

    The main benefit to entrepreneurs is that we are blissfully ignorant of exactly how much work is involved in building a business and getting a product to market. For a software business, it is completely crucial to have someone on the team that has the technical skills to create the product, it’s not something you can outsource.

    • Dave’s Takeaway

    As you’re preparing to take on the challenge, make sure you’re doing it in a way that allows you to learn and grow, because not every venture will succeed. That doesn’t mean you shouldn’t do it, just that you should improve while you’re at and can do better next time. Make sure you are constantly learning everyday, that way you are getting enough value to make sure the venture is successful either way.

    Links:

    https://innago.com/

    https://www.facebook.com/InnagoSoftware/

    https://www.linkedin.com/company/innago/

    https://twitter.com/innagosoftware?lang=en

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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%!


    The Slicing Pie Model of Funding Your Company Sep 09, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Mike Moyer is the author of the bestselling books Slicing Pie: Fund Your Company Without Funds, and the new book Bird's Eye Business: A Primer on How Companies Work. He is an Adjunct Professor of Entrepreneurship at Northwestern University and the University of Chicago Booth School of Business.

    Moyer is an entrepreneur who has started a number of companies including Bananagraphics, a product development and merchandising company, Moondog, an outdoor clothing manufacturing company; Vicarious Communication, Inc, a marketing technology company for the medical industry; Cappex.com, a site that helps students find the right college; College Peas, LLC which provides publications and consulting on college admissions; and Trade Show Samurai, LLC a company that teaches trade show exhibitors how to capture lots and lots of leads.

    In addition to his experience as an entrepreneur he has held a number of senior-level marketing positions with companies that sell everything from vacuum cleaners to financial data services to motor home chassis to luxury wine. He has taught entrepreneurship at both Northwestern University and the University of Chicago.

    Podcast Highlights

    • Who is Mike Moyer?

    Mike got the entrepreneurship bug in high school, he wanted to be a veterinarian and was keeping and healing animals in his backyard. One day he found himself as the owner of 24 baby rabbits and had to do something with them, so he took them down to the state fair. His aunt suggested that he sell them for $25 each and he sold them all in a matter of hours. That put him on the path to starting his own clothing manufacturing company in college and a number of other companies since then.

    Mike pivoted from the veterinarian career path due to poor grades and his parents subsequently refusing to pay for his schooling. Instead of finding a job Mike started a clothing company to pay for his education and he ended up selling the business after he graduated.

    Mike values both education and practical experience. Education saves you a lot of time doing your own work and Mike spent much of his time split between startup companies and established companies. A combination of all three has been very useful in building Mike’s later businesses.

    • Real Jobs, Real Companies, and Startups

    At a real job you’re getting paid for your work and that’s pretty much it. With a startup you are basically betting on the future of the company, and until that company starts generating revenue and profit it doesn’t qualify as an asset.

    With a bootstrap company the way you get started in the early days is by not paying the bills. What this means is that for an employee who would normally be paid $100,000 a year they are basically betting that salary on the success of the company. For those employees, their share of the equity in the company should be proportional to the size of their bet, the challenge is that it's very hard to know the value of the entrepreneur’s idea.

    In the grand scheme of things, a person capable of execution is comparatively rare to the accessibility of capital in the beginning stages of a business.

    An idea is simply an intention to do something. Without the actual value created through production, the intention isn’t worth anything.

    • Slicing Pie And Your Business

    People are much more accustomed to negotiating fair market value rather than future value. When it comes to equity, it can’t be determined accurately until the company is either funded through Series A investing or it reaches the breakeven point. Mike has created a framework named Slicing Pie that businesses can use to figure out the fair valuation and equity share of all partners.

    Slicing Pie uses a tool called a Slice that essentially marks the fact that a bet has taken place. When someone is just contributing capital to a company the framework accounts for the after tax and scarcity of the cash by giving the person four Slices for every dollar contributed. The point is to provide the right incentives and alignment for everyone participating. By allocating Slices over time you can prevent everyone’s risk from becoming unbalanced.

    Slices are like poker chips, all they do is keep track of the bets. They help determine ownership until there is either valuation or cash flow.

    • Slicing Short Term Rentals

    Slicing Pie is a financing tool for short term liabilities. In that scenario the unknown variable is the ability of the operator to make the venture work. With short term rentals the operator should be assigned a salary, so if the business breaks even after 60 days and starts being cash positive, the balance of Slices will be pretty lopsided towards the person who contributed the capital.

    In real estate, since we’re dealing with relatively known entities it usually makes more sense to use debt financing as opposed to equity. When you do equity financing, the cash is what matters.

    Slicing Pie can also apply to other expenses that you can’t pay, like a lawyer’s fee. You can take that fee and assign it a Slice value that gives the person a share of equity. The beauty of the Slicing Pie model is that it’s a universal one size fits all model for the allocation or recovery of equity.

    • How do you determine the value of the entrepreneur’s time?

    The way you pay someone in the real world is the same way you would pay them with Slicing Pie. Once you start paying the operator a salary, the remaining is profit and would be reinvested into the business or paid out as a dividend to the shareholders according to the Slices allocated. With Slicing Pie, the investors shouldn’t be upset that they’re getting diluted down because the value of their bet is still represented properly.

    Once you’re faced with fairness, the only thing you have operating for yourself is your willingness to be a jerk.

    The origin of the Slicing Pie model came from personal experiences on both ends of a deal for Mike. Traditional equity splits fail at a rate of 60-80%, which means your odds are pretty high that you will end up fighting with your co-founders.

    You should always be projecting forward into time with your business but that is still just a variable until it’s real. Until the day you can pay everyone in the business, the bets keep happening.

    There are three reasons someone won’t use Slicing Pie: they don’t get it, they aren’t willing to learn it, and the third reason is they do get it but they still want to take advantage of you. In the third case, if your deal is good you should walk away because you will find another investor that’s interested. Sometimes walking away is your best option.

    Reference: Bird's Eye Business: A Primer on How Companies Work, Mike Moy...


    Credit Unions Are The Solution You Didn’t Know You Needed Sep 06, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Mark Ritter is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.

    In 2002, Mark started Members 1 st Federal Credit Union's business lending program as "one person and a desk" with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation in the number of loans and balances outstanding for federal credit unions. In addition, Mark developed a participation program that grew to one of the top buyers and sellers of credit union business loans in the eastern United States. He has done extensive work with branch retail staff, business lending operational and sales staff, and credit unions to educate and train them on the merits of business lending.

    Podcast Highlights

    • Who is Mark Ritter?

    Mark always tells people that he is a blue collar guy in a white collar world. He grew up in a town called Burwick in Pennsylvania and despite being a marginal football player he found himself with the opportunity to work for the Penn State football team. Without that chance he would probably still be working in that small town. In many ways he can attribute that one thing to getting him to where he is today.

    Mark remembers his father talking about their credit union fondly and that has always stuck with him. Once he got older and looking for new areas to work in he thought again of the credit union space. In terms of superheros, Mark considers himself like Aquaman. Aquaman has a number of non obvious superpowers but they are quite useful when you need them.

    • How are credit unions different?

    When you walk into a credit union you’ll see a lot of the same features that you would at a bank. The difference is in the underlying structure, credit unions are a cooperative business that focuses on building relationships and doing what’s right for people. The shareholders and stakeholders of a credit union are the members of that union, and in some ways they are similar to mutual insurance companies.

    Credit unions were originally created for businesses, and since then there has been a revolution in what credit unions were capable of that has lead to them really taking off.

    Credit unions can be friendlier when it comes to fees, and terms and conditions on the financing they offer because they are considering what is best for the membership of the union instead of just the shareholders.

    One out of every three people have an account with a credit union. They are generally smaller institutions when compared to banks but even then they are still managing many millions of dollars. There are twice as many credit unions in America as there are banks, but getting the word out is one of the main challenges.

    Most people want a relationship with their financial institution and with credit unions that’s possible. The numbers are the same for everybody, where credit unions excel is in the qualitative analysis of a loan and taking the story into account.

    • Where do credit unions operate?

    Most credit unions prefer to lend within their region but there are some that will consider a wider area. If a customer comes to Mark with a need for financing in another area, they would recommend another credit union to work with that’s closer to home.

    Everything that a credit union does in internal to their own portfolio. They lend against their own money but they also love to work cooperatively with other credit unions. For larger loans, there could be multiple credit unions participating in the loan without the borrower even realizing.

    Credit unions are insured the same way that banks are insured, so there is pretty much no downside to working with a credit union instead of a bank.

    • Why did you go from football to credit unions?

    The community bank of the local area is going away and the trend is towards super sized corporate banks. Mark looked at the credit unions as a career path because their value systems were the same as his.

    • Credit Unions and Real Estate

    Credit unions operate in many different markets at every different price point. They work with individual investors, sophisticated investors, and major developers. When credit unions first began they were limited to their lending limits to 12.5% of the portfolio, but legislation recently passed made it so that small 1 to 4 unit properties don’t count against that limit. That has really opened up the possibilities for real estate investors to work with credit unions.

    Since they take into account the borrower’s history and experience into the loan, credit unions may be a good lending partner for the more difficult short term rental market. They also take into account the income value of the property instead of just the appraised value. Residential rental lending is nearly a third of Mark’s company’s business.

    Most of the lending that a credit union does is recourse lending that requires a personal guarantee, but they do some non recourse lending for bigger investors.

    • Mark’s Takeaway

    Follow your dreams. Don’t do it for the money. Do it to fulfill your life goal instead. A business is a great way to build and take control of your own destiny. If you’re one of the two thirds of the country who aren’t members of a credit union, they may be the kind of financial institution that you have been looking for.

    Links:

    mbfs.org

    Member Business Financial Services on LinkedIn

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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:
    ...


    Tower Capital and Financing The Real Estate Business Sep 04, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Adam is the Founding Partner and Principal at Tower Capital, a Phoenix-based Commercial Real Estate Finance firm. Since 2015, the firm has been involved in over $500 million in successful debt and equity placements on behalf of investors across all major asset classes.

    Adam is an active member of Forbes Real Estate Council and has been featured and published in numerous national and industry publications including Forbes, Globestreet.com, National Real Estate Investor, Phoenix Business Journal, Commercial Executive Magazine, Multi-Housing News, and many others.

    Podcast Highlights

    • Who is Adam Finkel?

    Adam is a regular guy from Boston, Massachusetts. When he turned 18 he headed out west and went to school at Arizona State University. It was there where he found an opportunity to get his foot in the door of doing commercial real estate from some of the older members of his fraternity. Prior to that Adam didn’t have any experience in the industry, he just saw the opportunity that was available and went for it.

    Doing the transactional deals and putting in the work gave Adam a good understanding of what tenants and landlords need, and that served him well once he moved onto the finance side of the business.

    Investing in real estate doesn’t need a college degree, anyone can do it, which is the great thing about. Adam recommends that people start small since it’s more attainable and makes financing larger deals much easier. The first question Adam gets asked is “who is the sponsor?” because that’s even more important about the details of the deal itself.

    • Getting Started In Real Estate

    Many people get their feet wet in the real estate business by buying single family homes. That’s where Adam tells people to get started in real estate. From there it’s possible and easier to move onto multi family homes, apartments, or commercial real estate.

    For some people, they have to learn from personal experience and make those mistakes. For those people they usually find that it can be very challenging trying to buy a larger building and they end up starting off small anyway.

    When Adam was getting into the real estate business in 2003 the market was picking back up again and there was a lot of activity in his local market. He believed that there was no better way to build wealth than real estate so it seemed like the perfect opportunity.

    Adam loves working with people and finds the capital markets very exciting. There are so many facets to commercial and traditional real estate so there is tremendous potential for people to tap into. With most things in life, it takes exposure to many different things to find out what you like and don’t like. If an opportunity comes along you should try it out and see where it leads you.

    • Tower Capital and The Finance Side of the Business

    Adam wasn’t particularly interested in getting into the financial side of things. After working for a few years he began to get tired of the tenant rep leasing side of the business. He met a man named Neil Churney who invited him to work with Johnson Capital as an analyst helping Neil with the finance side.

    Johnson Capital was acquired in 2014 which was the perfect opportunity for Adam to start his own business with a long time friend. They started Tower Capital and has since built a business with 8 employees and will finance between $300 and $400 million dollars worth of deals this year.

    Tower Capital isn’t focused on one particular asset type. The typical loans are a million dollars and up. They have a very collaborative approach and all of their capital advisors have unique experience that they bring to the table.

    • Short Term Rentals

    The short term rental space is still a difficult space to get financing because it doesn’t fit into the established boxes. With an apartment building there is more stability and with hotels there are other criteria they take into account. Over time we are going to see more programs available for short term rentals but right now it’s still a challenge for most lenders and borrowers.

    Short term rentals can definitely be more lucrative than the traditional rental model, it’s just going to take time for investors to wrap their heads around it.

    • Finding The Right People To Work With

    Tower Capital focuses on getting an understanding of what the borrower’s needs are and matching them together with the right capital source. Family offices tend to be more long term and conservative investors whereas the debt funds are the ones providing much of the bridge money. They are very concerned with the exit strategy which can create another hurdle for people with their deals.

    A lot of lenders have capital sitting on the sidelines that they need to deploy but strict underwriting parameters are still preventing them from doing so. For the right deals lenders are having bidding wars on who gets to lend so for the right deal and the right borrower it can be a very advantageous time.

    The capital markets are very complex with a lot of forces at work that can be difficult to wrap your head around. Interest rates definitely have an impact on the business but they are not the only factor. When interest rates stay low that means borrowers can access bigger loans, but when they go up there is a lot of downward pressure on property values.

    Everyone is very cognizant of where the market is in the cycle. There is a lot of caution around deploying capital to deals where the borrower is overpaying for property just because the rates are low, but at the same time they have money they need to loan out. The thing that people need to focus on is coming up with a good plan and underwriting with a cushion on the rate.

    When a lender is underwriting a deal they are looking for a 1.25 debt servicing ratio. As long as the US economy is still strong lender will continue to look for the right deals.

    Any dramatic increase in interest rates are likely to greatly reduce the transactional velocity in the market right now.

    • Adam’s Takeaway

    Get your personal financial statement and schedule of real estate buttoned up. Be cognizant of what the lender’s underwriting parameters are, when buying a commercial real estate property they typically want to see a net worth equal to the loan amount and cash in the bank equal to 10% of the loan amount. If you don’t have those in place you’re going to need to find someone with the right balance sheet to help you get the financing you need.

    Links:

    towercapllc.com

    Give Adam a call 480-426-0576

    Thank you for listening! If you enjoyed this podcast, please


    EverybodyFights and the Quest to Make Fitness Free Sep 02, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    George "Monk" Foreman III is an entrepreneur, professional boxer, trainer/coach, founder of EverybodyFights, and son of businessman and former two-time heavyweight champion George Foreman. He serves as the business manager and Executive VP of his father's business empire George Foreman Enterprises, Inc. He also starred on the E! network's reality series Filthy Rich: Cattle Drive.

    He opened a boxing fitness gym in Boston called "The Club by George Foreman III". In an effort to further promote the core beliefs of the gym's culture George eventually changed the name of the gym to EverybodyFights. In 2016, the company received a series-A investment from Breakaway in the form of $4 million and soon after announced the opening of another location in Boston. Since then, Everybody Fights has opened 5 locations and plans to open over 20 new locations by 2020 for growth in other major cities across the U.S.

    Podcast Highlights

    • Who is George Foreman III?

    George describes himself as a really sad and quiet child. He cried when he got his first B in school and he didn’t see his next one until he was 17 years old. To George, the real risk is life passing you by and never coming back. If you have the chance to look back at your life in your last moments, the real risk is regrets. As part of George’s boxing career, he had an agreement with his father where his dad would train him, but at the same time George had to train other people as well.

    After finding some success in his boxing career, George realized that if he could make a reasonable living doing what he wanted to do, which was to teach and instill fitness in others, than that would be a success as well.

    • EverybodyFights

    When George decided to open his gym he put his business plan together in seven days and it was during a brainstorming session with his friend where the EverybodyFights name came from. As soon as he heard it he knew he had a winner, but it actually held him back initially. When trying to lease a space George had to adjust the name to The Club by George Foreman III.

    It wasn’t until a few years later and the business had found its footing that he decided to change the name back to EverybodyFights because it fit his core message better.

    Brand is what you make of it. If you execute and your company culture is on point, your message is clear and consistent, and you act with integrity you can make a big brand out of any name.

    • Another Fitness Club?

    At the time there weren’t a huge number of boxing clubs around so the market wasn’t too saturated. As part of his strategy with investors George took a large pay cut to prove his confidence and dedication to the business. Once he had the money in place, he also had to prove the concept to the community and that involved a lot of meetings with the city.

    When you sign the right deals and have a business with a decent profit margin, you can take some chances and experiment with things. When George opened his first gym he had boxing and yoga under one roof, in addition to pilates and cycling. He also taught a number of classes and within a year his gym became the best gym in Boston.

    George’s ultimate goal is to make fitness free. He would like to create a way where other companies like Nike and Adidas or the local government sponsor the facilities and he can offer fitness to people for free. He wants to figure out a way he can provide people with a premium experience while bringing fitness to everyone he can.

    • Why should fitness be free?

    We have a mental health issue in our country and it’s hurting our budget for healthcare, our families, and it leads to violence. We can tackle this problem, we just need the motivation to do so and one of the key ways to improve mental health is to improve physical health. By making fitness free and accessible it would have a dramatic effect on people’s lives, not to mention the cost of mental health to the country as a whole.

    • Tracy’s Takeaway

    There is no life without love. That can mean the love of a significant other, but if you can’t wake up in the morning without loving what you do, you are choosing not to live. Decide what you’re going to do and love it, and have the stamina to tweak. If you love what you do and believe in what you do, you will figure out how to make money over time. Don’t abandon the process and love the journey.

    Links:

    EverybodyFights.com

    EverybodyFights on Facebook, Twitter, Instagram

    Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes and Stitcher Radio!


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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
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    ✓ 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%!


    Tom Tancredo Talks Shop in Mobile App Development - Replay Aug 30, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Tom founded DOM & TOM, a mobile application development shop, in 2009 and has since grown the company (along with twin brother Dominic) into one of the INC 500’s fastest growing companies in 2015 with over 45 employees. D&T has worked with clients including: Priceline, Fitch, Bloomberg, GE, CliffsNotes, PowerRangers, the Emmy’s and more on over 250 digital projects.

    Tom is also a fervent entrepreneur, having personally invested in multiple start­up ventures in New York City, including John Brown’s Smokehouse, which was named Best BBQ in New York City in 2012 by the Village Voice. Tom has given presentations on digital culture at multiple events including Hearst, AOL Ventures, Tabula Rasa, and sat on multiple digital engagement panels.


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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%!


    Marital First Responder Hits $100K in SEVEN DAYS!! - Replay Aug 28, 2019
    Show notes

    🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
    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...


    Are you a marital first responder? If people confide in you about their relationship, you might be! Or you could be if you want to be. That’s just one of the things that Cash Flow Diary podcast guest Elizabeth Doherty Thomas from The Doherty Relationship Institute discusses in this episode.

    Discernment counseling is something Elizabeth talks about in this episode. But what is it? That is something you’re going to want to learn more about, but it is based in using discernment in your responses to other people when counseling them… even if you aren’t a therapist!

    The interesting thing is that Elizabeth must have struck a nerve with her approach because she had an impressive six-figure launch of her business in August 2014. And forget the $100K month; she achieved that figure in a much shorter time frame.... just SEVEN DAYS!! Today Elizabeth's multifaceted business revolves around ways to strengthen marriages where possible and allow a graceful divorce if that is where the couple ends up.

    So, was Elizabeth always a counselor? Nope. As with many successful entrepreneurs, she took that long path and became what she calls an accidental entrepreneur. In fact, she ended up partnering with her therapist father. And it all started with throwing a website up. Then she learned about SEO, branding and messaging. She put in a lot of time to create her initial success. Then she made improvements and aimed for the gold.

    Today Elizabeth helps couples, businesses, entrepreneurs and all sorts of people with her unique brand of counseling. As a result of their efforts and the amazing response to what they are doing, Elizabeth and her father have gained exposure in Elle magazine, the Wall Street Journal and USA Today.

    Listen in as Elizabeth shares the steps in her personal and business journey to reach her goals in her online business. From wearing all the different hats and walking in faith to overcoming bad instincts so she could create a highly successful business, Elizabeth has a lot to say. Learn more.


    🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

    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%!


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