🎙️ Exciting News! 🎙️
We had Michael Elefante as a guest in this week's episode of The Cashflow Project podcast. He is an AirBnB Investor & Coach who teaches about the power of financial freedom and smart investing. Here are three key takeaways from the conversation:
1. It's not just about the money, it's about time. Michael initially believed that making more money would lead to greater happiness. However, he soon realized that what he truly wanted was control over how he spent his time. Money is a tool that, if used wisely, can provide more time and allow you to pursue your passions with less stress.
2. Quality prevails over price. In the race to the bottom, Michael emphasizes the importance of not engaging. Instead, focus on providing high-quality amenities and services. By investing more in design, photography, pricing, and management, you can attract higher-end guests who are willing to pay a premium. Regardless of the state of the economy, there will always be guests who prioritize better service over cheap accommodations.
3. Invest in yourself and learn from others. Michael's journey taught him the value of investing in himself and his growth. When paying for a product or coaching service, you are not just buying the end result, but also the years of experience and knowledge the person has accumulated. Investing in yourself can lead to exponential growth and save time by learning from someone else's struggles and mistakes.
Are you ready to take control of your financial future? Don't miss out on the insightful conversation with Michael Elefante on The Cashflow Project podcast. Tune in now and let us know your thoughts!
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