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Cashflow Diary™

CFD 415 - The WTF Moment And How To Solve BIG Problems

19 Oct 2017

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🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTSAfter 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+ communityNo 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/welcomeNow, let's dive into today's episode...This episode tears down your ideas about business and builds them back, discover the power of positive destruction. Seth Merrin is an entrepreneur, global business leader and philanthropist who has reinvented how Wall Street can work for good and use technology to make the markets safer and more efficient for investors. As founder and CEO of Liquidnet, Seth has built a different kind of financial services company that is dedicated to rewiring the asset management industry by eradicating market inefficiency, driving investment performance and enabling the efficient flow of investable assets around the world. Podcast Highlights Who is Seth Merrin? Seth always had the perspective of looking at what is, and how it can be made better. His experience early on with computers led him to think about how technology can disrupt current paradigms. Solving Big Problems Jim’s first company was focused on bringing Wall Street into the digital age. You have to stack the deck in your favour and create an unfair competitive advantage. What are the biggest problems your prospects have that have not been solved? What is something that is just “the cost of doing business”? There are huge problems in plain sight in virtually every industry, the question is can you see it. The Power Of Positive Destruction Remove the constraints and look at the problem from a completely new angle. A Positive Impact To create a truly positive business, you have to break down the problem and the current solutions. Most people are stuck in their day to day activities, take some time off to walk back and look at opportunities to improve the business. Industries Due For Disruption Adopting A Positive Destruction Mindset Look for the WTF moments in your business. Change your mindset to be “why do we do it this way and how can we make it better?” Quantify your problems and solve the one that can either generate the most revenue or save the most money. Building Bigger Companies Make your pitch so compelling that your customer would feel stupid not to accept your offer. Reference: The Power of Positive Destruction, Seth Merrin Seth’s Takeaway Failure is not an option, you have to have conviction and keep pushing forward. Companies often go out of business not because the idea is bad, but because they run out of money. Look at business as a series of problems that need to be solved.    Links: www.liquidnet.com www.positivedestructionbook.com   Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes! 🏠 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 = GPThis 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 bottomRight 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 wayDon'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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