Hello my youtube friends team short-term rental university its Richard and I'm
back in New York I'm in the studio it feels great to be here Charles and I
just spent the last week doing meetups in Los Angeles and Houston and Chicago
and the point of Mondays motivation that we're filming right now is about seizing
the opportunity and shifting when you need to and this was brought about about
the meeting that we had last night at Lou Malnati's deep-dish pizza in Chicago
we just found this like cool room I asked the manager if he could
accommodate us told him we're having a meet-up
as it turned out we were sitting down and this older couple walked in and I
said well if you guys come in here now you're gonna be subject to our like
Airbnb entrepreneurial discussion they're like what's that and we said
well that's a bunch of entrepreneurs we're gonna talk about Airbnb and the
opportunities that we see and lo and behold wouldn't you know it they
themselves were super hosts in Hawaii and then as we got to know one another
more and the whole group started opening up everybody's doing side gigs and we're
actors and eBay and they started talking about Amazon and it turned out that
they're really big Amazon merchants as well and they sell something like three
four hundred items a day and so we just started talking about entrepreneurial
opportunities and how you seize the moment and as you know Charles and I are
doing some air B&B sheets and towels and we sell them on Amazon and on our own
store and so like the whole discussion went from Airbnb initially to
entrepreneurial ventures as a whole and I think that that's really cool and
mind-opening and that's sort of the goal in our membership course and on this
channel and everywhere else is to get people to start to think broader think
bigger think more opportunity and it's like a trained mindset you have to like
actually work at it just like you go to the gym and you work out your muscles or
you practice in front of a camera to be a better orator you know you have to
practice that entrepreneurial mind mapping and that opportunity seizing and
just seeing these people that had been doing it for a long time I think was
eye-opening to everybody myself included it was really inspiring but the point of
all this is Amazon it's probably here forever
Airbnb it's probably here forever but what if it's not these are just tools
right like as an entrepreneur and I've been doing this for a long time my whole
life these are more like discreet trades
there's an opportunity we seize it when we see another opportunity we pounce on
that when that opportunity starts to fade we find another opportunity and
that's sort of the opportunity to hang around with all of us
in this some Facebook group and on this YouTube channel is to recognize that
what we're using Airbnb for is a point in time owning real estate is fantastic
no matter what it allows us to own real estate and make some money and buy more
real estate and I'm following my 15 year plan but if Airbnb becomes less
attractive then I'll figure out the next platform or I'll create my own platform
or I'll do whatever it is I'll go long-term so let me just reassure you I
think Airbnb and the opportunity set for Airbnb is here for a very long time in
fact I can make an argument that like it's changing the way people interact
and live and it's got huge long reaching implications so I'm very very bullish on
Airbnb that said I also want you to recognize that you should never get
married to your position and what I mean by that is when I started at the Board
of Trade in the Mercantile Exchange trading options in Chicago and this sort
of came up in the discussion yesterday being in Chicago
there's this concept of mark-to-market and what that basically means is at the
end of the day every position that you have money goes in or out of your
account based on whether it's a winner or loser and what that allows you to do
and what we're trained to do is walk in every single morning with a fresh mind
and look at your positions and say do I still like it and if you don't like it
then you get out of it you don't hold on to a loser just because you bought it
it's gonna turn around this that the other we can all justify it you just
constantly have to shift and change and seize the opportunity and just don't get
married to anything and this isn't like set it and forget it you do it you
commit you make as much money as you possibly can you rinse and you repeat
for as long as that's up loud and available and a good opportunity and in
the meantime your mind is always working thinking about what's next what's
another opportunity so Charles and I have been working on several different
businesses in the last three years I'm now trading options again I started
trading Bitcoin it's just you have to be trying a bunch of different things so
that the goal is to have a variety of diversified income streams passive
income streams to help you achieve your financial freedom I hope you found this
interesting go ahead and subscribe to the channel
and we'll see over at the Facebook group thank you very much have a great week
everyone that's Thanksgiving week which is my favorite week see you soon
you