In this episode, Jonathan Farber gets into his recent experiences in standing up several new properties. In this episode, we look at topics like: sticking with a new objective, designing your systems for you, preparing your business to transact, and more!


Top Takeaways:


Persevering through the challenges of new endeavors - 2:00 - 3:15

Remember that everything you start is as hard as it will get

The more you do something the more you will learn and the easier it will get

If it helps you, develop a system for doing a new task and use it until you see what’s wrong with it

Creating systems that work for you - 4:00 - 5:45

As you get a few reps of a new objective done, notice what’s working and what isn’t

Turn these into a checklist or process that you can repeat to take the guesswork out

Try Kit to get lists of furniture or equipment that others are using

Building your business well before you’re thirsty - 6:15 - 7:45

You might seem on your way to your first deals, but you won’t get anywhere without trade lines

One way to accelerate the process is using net 30 to quickly build business credit

If you get this done before you start submitting applications, you’ll save time on initial failures

Resources:


kit.co


Book by Tim Ferriss: The 4-Hour Workweek


Airbnb Automated Youtube Channel


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