Episode 074 - Begin by Designing 2020: How to Start the Year Off Right
SHOW NOTES & LESSONS
Read The Miracle Morning & Take the 30-Day Challenge!
The Miracle Morning is a great way to start off, not just a new year, but an entirely new decade! 2020 is going to be the Best Year Ever as long as we decide and make it so! Start with reading the book.
-
- Live in alignment of your values
- Cutting things out vs adding thing in
- Letting go of the fears that are driving you
Being vulnerable isn't easy because we are afraid of being judged or not being loved. So, we allow the fear of not being loved, the fear of losing someone or something, the fear of losing money or the fear of "not being enough" drive us to an uncomfortable existence.
Take these steps NOW to make 2020 the Best Year Ever!
Step #1 - Know Yourself
Identify your highest three values for 2020. Focus on these three and only these three this year.
Step #2 - Love Yourself
Shut down anything that isn't those top 3 & shows self-love.
...
Best Accounting Practices for Your STR
If you are running a short-term rental business, you must indulge in bookkeeping to comply with the rules and regulations of the government. It helps you to pay your taxes on time and to avoid penalties by the authorities. Here is a list of some of the most popular and highly efficient software/tools to help you in your bookkeeping endeavor. These tools will make bookkeeping ridiculously easy for you, even when you hate it.
Quickbooks Online
No list of bookkeeping tools is complete without a mention of Quickbooks. It is the most popular online accounting tool that has solved the problem of bookkeeping for small business owners. Quickbooks online is the first preference of large numbers of Airbnb hosts because of its simplicity and ease of use. It is fully compliant with the provisions of short-term rental business and users also enjoy rock-solid support from the company. Not to mention, nearly every accountant I know uses or recommends Quickbooks to their clients. ...
Episode 063 - Why Now is the Best Time to Think About Retirement
SHOW NOTES & LESSONS
WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...
Please use our Affiliate Links whenever possible and help support the show. Thank you!
Recommended Article or Blog Post Related to This Week's Podcast:
The 2020 Wealth Building Summit - three full days of premier self-directed IRA education! At the Summit, you’ll hear from investors around the country who are using their self-directed IRAs to build wealth, secure their financial futures, and create a legacy for future generations. Three full days of education, networking, and inspiration!
https://www.eventbrite.com/e/2020-wealth-building-summit-cleveland-oh-registration-68835768637
https://www.daveramsey.com/blog/teach-your-kids-how-to-save-for-retirement
Recommended Podcast Episode that is paired with this one like a Fine Wine:
Get This Episode's Show Notes in a pdf form...
PICTURE OF PDF
Episode 058 - You're Doing It Wrong: The Biggest Mistake You May Be Making
SHOW NOTES & LESSONS
it can't be personal (ie. emotional) if it's business...
Do yourself and your business a favor and stop renting out your
personal space as soon as you possibly are financially able to.
Always pay yourself and even your kids for jobs that you perform. This is an expense for your business, which lowers the income, which lowers your business' tax burden. As long as your kids make under a certain amount, $12,200 in most cases, they do not have to pay taxes on it.
Get your mindset away from your old thinking. Employees and Self-Employed people think incorrectly about money - which usually is one of the main reasons they're stuck on the E and S side of the Quadrant!
THINK AND ACT like a business owner. Pay yourself! Hire the right professionals to get the job done! Don't step over dollars to save cents!
Stop Thinking Like an Employee
and
Start Thinking Like a Business Owner!
...
Episode 054 – What is the Master Mind?
SHOW NOTES & LESSONS
Napoleon Hill coined the term Mastermind in his book, Think and Grow Rich.
He said a mastermind was “a friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”
When two or more are gathered together like that, a THIRD intangible mind is present. God or Source, it is absolutely a higher being in which we tap into and that taps into the group. It is the MASTER mind.
Throughout time they have spoken of ideas, thought, creation, and inspiration coming from this source and not much has changed today.
The Greeks called the inspiration Muses. They believed there were nine muses who were the source of inspiration and creation for artists.
But not just art, much more. Everything really.
The Greek word “mosis” refers to desire/dreams/wishes. They believed that with the desire came the ability to achieve the desire. After all, a God that gave...
Episode 038 – How Will Your Life be Better or Different This Year?
SHOW NOTES & LESSONS
WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...
Please use our Affiliate Links whenever possible and help support the show. Thank you!
Recommended Article or Blog Post Related to This Week's Podcast:
https://www.theprosperityprocess.com/blog/the-power-of-rituals
Get This Episode's Show Notes in a pdf form...
PICTURE OF PDF
Show Transcript
[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this wave with less risk and less capital while creating greater income, is your host, best selling author and Speaker, Michelle Russell.
[00:21] Hi, this is Michelle, the Master of Money Mindset, and you are listening to the Short Term Rental Revenue Podcast...
and in today's episode, Speaker 2: (00:29)
we're going to talk about how can you make your life better or...
Episode 035 – Best Tools for Automation: Putting Your Business on Autopilot
SHOW NOTES & LESSONS
Automation
*Schlage
*August
*Lockitron
Some need help, like Kevo, Z-Wave, or a Smart Hub.
Begin with eLocks
Then Dynamic Pricing
Add AirDNA
Make sure your Cleaning Company has Online Scheduling
Automate Your Messaging
Take a Look at Properly
Find a VA at onlinejobs.ph
Think Shark Tank: Do you want half of $2 million or all of $10,000?
Our Membership Site opens in May!!
WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...
Please use our Affiliate Links whenever possible and help support the show. Thank you!
AAAAAAAAAAA
Recommended Article or Blog Post Related to This Week's Podcast:
Recommended Podcast Episode that is paired with this one like a Fine Wine:
Get This Episode's Show Notes in a pdf form...
PICTURE OF PDF
Show Transcript
[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this...
Episode 033 – How to Get Your Mind Right & Win This Game Called RE Investing & Life
SHOW NOTES & LESSONS
5 WAYS TO KEEP YOUR MINDSET IN CHECK
01) Keep it Positive
Tame your "Little Voice" with yoga, meditation, or a good float at a spa.
02) Keep it Moving in the Right Direction
Your Success Path plan will give you the compass that you desire.
03) Overwhelm Negative with Positive
When your brain says "this won't work," present examples of when it already has worked and realize that you can do it, too!
04) Know You Have People Cheering You On
There is always someone in your corner!
05) Never Quit!
Be a lifelong student and never ever give up.
WHY REAL ESTATE IS A GREAT INVESTMENT
* It's an easy Score Card
You're either making money or you're not.
* It's like a Game to Your Brain
Easy to feel accomplishments, like a game.
* Multiple Exit Strategies can be Planned For
* Forgiving
Even some Bad Buys can turn good over time.
* Master an Area and You can rinse and repeat
Michelle's Challenge or
Your Mission,...
Episode 007 - Your Success Path: It's Time to Make a Plan
Here are the books Michelle referenced in today's podcast. Note, these are Affiliate Links.
[00:00] It's time to make a plan
[00:02] your dream of life. In this week's episode, I'm going to help you get started - from no properties and no money to lots of properties and lots of money in a place where you can retire. So get ready
[00:17] over the last two centuries, nearly 90 percent of the world's millionaires, and created their wealth through real estate here to tell you how you can ride this wave with less risk and less capital law. Creating greater income is your host best selling author and speaker, Michelle Russell.
[00:39] Hi, it's Michelle, the master of money mindset and I'm here for episode number seven of the short term rental revenue podcast. So very quickly I just wanted to say thank you for sharing it, subscribing and all the reviews that we're getting. I'm super excited about this and I'm so, so, so appreciative of you and I just want to thank you for...
