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SUMMARY:

Today we’re going to talk about the number one lifestyle business for anyone who’s just starting out, wants to get out of the nine to five, wants to stop grinding away working a corporate job for someone else. Watch this video to find out more! 

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This business is going to be managing other people’s properties on Airbnb. If you’re familiar with the channel, then you’ve probably seen I have a bunch of other videos that talk about the business model itself, some of the other pros and cons. I want to talk to you about why I specifically think that this business is such an incredible lifestyle business to start if you are a beginner, and you’re looking for a good lifestyle business. 

The number one reason that I recommend this as a great starting point and a great lifestyle business is because there’s no risk other than your time when you’re getting started. Unlike a lot of other business models, you’re not spending your money on expensive marketing campaigns or on expensive inventory. You don’t have any of these big startups or heavy operational costs. Having a business model where you don’t have to invest heavily into upstart costs, that’s a really big advantage. 

The other really nice thing is that because you have very few operational costs, it also gives you a lot of room for error. It’s a very forgiving business model in that respect. A typical business, you’re usually going to be spending on online advertising. That’s number one very stressful. So for a lifestyle business, that doesn’t always work that well, especially when you’re just getting started getting the hang of things. But the other thing is that that means that you now have a whole bunch of money coming out of your bank account every single day or every single month because of these expenses. You need to make sure there’s a pretty low margin for error, you’ve got to make sure that you’re bringing in more than that in revenue. 

Whereas with Airbnb management, the really cool thing is that to get clients, we can do that completely organically. We don’t have to spend money to acquire new property owners, new new clients, and then to list these properties and market them to get bookings. We’re putting them for free on Airbnb. Airbnb takes a commission,but that’s not money that’s coming out of our bank account. Again, we have a really nice high margin for error there, where it just gives you a lot of different opportunity, a lot of flexibility.

Reason number three, is that there’s very few technically heavy skills. You do have to understand Airbnb and how it works but that’s pretty baseline for a lot of people. It’s a very user friendly platform to use. It’s very intuitive and very quick and easy to learn. When you look at managing properties on Airbnb, very low amount of technical skill that’s required to do so and they just need to develop the right systems and the right strategies and learn how to put it all together.

The fourth reason is because of the low stress that comes from not having these big huge expenses looming over your head. You can quite easily set up the right systems so that you can run this business remotely from anywhere in the world. It gives you a lot of flexibility, a lot of different options. And it’s a really cool industry to be in, you’re in the travel and tourism industry. There’s a few different cool perks that for my experience come along with being a part of a business like this such as we can often travel to one another’s listing. 

For all these reasons, Airbnb management is a fantastic business to get started. And if you’re a beginner and you’re looking for a great lifestyle business, there are very few other businesses that can give you consistent monthly cash flow, without risk without upfront capital without monthly expenses looming over your head, that can be highly scalable, and that can be heavily automated. You can run it passively. 

Now the other big perk is that then you can roll that experience and expertise over that you gain and actually use it to leverage it into growing your wealth long term by investing in properties. There’s endless opportunity and possibility with this business model. 

VIDEO TRANSCRIPT:

What's up guys, it's James here. And in today's video, we're going to talk about the number one lifestyle business for anyone who's just starting out, wants to get out of the nine to five wants to stop grinding away working a corporate job for someone else. You know, if you're looking for a really great lifestyle business, then this is it. And I'm going to talk to you about why. So that's what we're going to talk about today's video.

Now, if you're new to the channel, here, make sure you hit that subscribe button, because I post two new videos every single week. So you'll want to stay up to date with the channel everything that we post. And also, if you want a more detailed training on how to execute on exactly the business model that I'm going to share with you in this video right now, then just click the link down below register for that training on how to earn a full time income managing other people's properties on Airbnb, you will not be disappointed.

That's going to be a much longer more in depth training video that is yours completely free, so that you can check it out and learn exactly all the ins and outs, how to get clients how to grow the business, how to scale things, how to manage your operations really effectively, and turn everything passive so that it can be a really great lifestyle business. So you want access to that training, it's here for a limited time, just click the link in the training down below or in the description down below, rather, and make sure that you register and grab yourself a spot for that free training. So all that being said, let's dive into it.

Now, as you may have guessed, from what I just mentioned, this business is going to be managing other people's properties on Airbnb. And I want to talk to you not too much about the business model itself. Because if you're if you're familiar with the channel, then you've probably seen I have a bunch of other videos that talk about the business model itself, some of the other pros and cons.

But I want to talk to you about why I specifically think that this business is such an incredible lifestyle business to start, if you are a beginner, and you're looking for a good lifestyle business, meaning a business that can replace your nine to five, they can give you a good high quality of life that you can be relatively relaxed with growing it and have it be a nice, you know, 7080 $100,000 a year income for you without a whole bunch of stress and frustration and headache.

Now, the number one reason that I recommend this as a great starting point and a great lifestyle business is because it is so low risk, there's really no risk other than your time when you're getting started with this business. Because unlike a lot of other business models, you're not spending your money on expensive marketing campaigns or, you know, spending on expensive inventory, anything like that, you know, you don't have any of these big startup or heavy operational costs that a lot of other businesses face.

If you look at other business models, if you're looking at, for example, out Amazon drop shipping, let's take that is one example, well, you know, in order to do that, you're gonna then have to spend money on building out your site, you know, you're gonna have to spend money on potentially getting inventory if you're doing drop shipping or something like that. And that can easily add up to even 10s of 1000s of dollars, that's a big risk to take if you're looking to get out of your nine to five. Because if you lose that money, if it doesn't go so well, that means you're going to be that much further away from your goal. So having a business model where you don't have to invest heavily into upstart costs, that's a really big advantage.

Now, the other really nice thing is that because you have very, very few operational costs, if you ongoing costs in the business, it also gives you a lot of room for error, you can make mistakes, it's a very forgiving business model in that respect, right, because we think about a typical business, you're usually going to be spending on things like online advertising, you know, for a lot of things, they spend hundreds of dollars a day just running ads. That's number one very stressful.

So for a lifestyle business, that doesn't always work that well, especially when you're just getting started getting the hang of things. But the other thing is that that means that you now have a whole bunch of money coming out of your bank account every single day or every single month because of these expenses. So you need to make sure there's a pretty low margin for error, you've got to make sure that you're bringing in more than that in revenue.

Whereas with Airbnb management, the really cool thing is that to get clients, we can do that completely organically, so we don't have to spend money to acquire new property owners, new new clients, and then to list these properties and market them to get bookings. We're just putting them for free on Airbnb.

Now. Ultimately, yeah, Airbnb takes a commission, they up charge guests and they pay a cut. But that's not money that's coming out of our bank account. So again, we have a really nice high margin for error there where it just gives you a lot of different opportunity, a lot of flexibility. So that's my number one and kind of number two reason for why it's such a great lifestyle business is that there's no upstart capital and very few ongoing expenses in the business. So it just makes it very easy for someone to start up.

Now the other thing the other reason number three, is that there's very few technically heavy skills. Now sure you do have to understand Airbnb and how it works but that's pretty baseline for a lot of people. If it's new to you, if you don't have experience there, or maybe you are not very technical person, then rest assured it's a very user friendly platform to use.

It's very intuitive and very quick and easy to learn, especially if we compare it to things like running Facebook ads, or you know, using different other software's integrating them all that kind of jazz, that can get very technical very quickly, when you look at managing properties on Airbnb, very low amount of technical skill that's required to do so.

So for most people, they already have the skills that they need. And they just need to develop the right systems and the right strategies and learn how to put it all together, it's not really about learning a whole bunch of totally new skills, as much as putting them together in the right way with the right systems to make it happen.

And again, there's a link down the description down below to a free training that you can check out the world walk you through all those different systems, all the different tools and resources, you'll need to bring those skills of yours together and leverage them into growing a really great business out of it. So I highly recommend you click the link down below in the description to check out that free training as well. So that's the next reason is just the really easy entry that you have given that there's not a huge technical barrier to entry.

Now the third or sorry, I guess, fourth reason Now, why I think this is such a great lifestyle business specifically, is because I already mentioned you know, the the low stress that comes from not having these big huge expenses looming over your head. But the other really great lifestyle element to this business is that you can quite easily set up the right systems so that you can run this business remotely from anywhere in the world.

Now, it's really ideal 1000s, where you can run it from anywhere in the world, it gives you a lot of flexibility, a lot of different options. And it's a really cool industry to be in, you're in the travel and tourism industry. So for lifestyle doesn't really get much better not there's a few different cool perks that for my experience come along with being a part of a business like this, especially if you're in a community of other people that are in a similar line of business.

So for example, I run b&b mastery program, we have a community of hundreds of students all around the world, we're managing other people's property successfully on Airbnb. And we can often travel to one another's listing. So that's really, really cool as well. So again, for all these reasons, and a whole bunch of other ones, I do feel like Airbnb management is just a fantastic business to get started. And if you're a beginner and you're looking for a great lifestyle business, there are very few other businesses that can give you consistent monthly cash flow, without risk without upfront capital without monthly expenses looming over your head, that can be highly scalable, and that can be heavily automated.

So you can run it passively. There's really not a lot of businesses that fit that mold. And that people in general tend to have the skills necessary where there's not a big technical barrier to entry, there's no big capital barrier to entry, really just about anyone who has the drive and dedication can get started in this business and be very, very successful.

Now the other big perk is that then you can roll that experience and expertise over that you gain and actually use it to leverage it into growing your wealth long term by investing in properties. And that's something that I've started doing. That's something that I talk to people and coach people on as well as investing in properties for short term rental. There's endless opportunity and possibility with this business model. And I really do find it.

It's an incredible business model for people starting out and I'm constantly amazed by how well my students do in the program. I teach them starting from absolutely nothing and getting their first properties within just a few weeks or a couple of months. So again, I highly recommend you check out the free train that's linked down in the description below. If you want to learn exactly the process for this, how I was able to scale this business and get myself when I started this business first off the bat to six figures in the first year.

So I highly recommend you check that out. Check out the link in description down below to check out that training. And again if you like this video, if you got value from it, hit that like button make sure you click the subscribe button as well to stay up to date with the channel and I will see you

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