Latest Investinyourself Podcast Episodes
The Importance of Having a Business Plan
Assisted Living Network Podcast - September 24, 2018 16:00 - 6 minutes ★★★★★ - 30 ratingsThere's two primary things or reasons why you have a business plan. One is for you, you need a roadmap, directions to get to where it is that you're going. It's a map showing you how to get to where you're going. If we have the map, you know how to get there faster, accomplish more, and go farth...
Is Assisted Living the Business for You?
Assisted Living Network Podcast - September 17, 2018 16:00 - 6 minutes ★★★★★ - 30 ratingsI want you to think about where you're at today. Some of you are at a point in your life where you're just going through the paces. You're not quite sure what you really want or how to get out of the rat race. You're saying you want more but you're afraid to start something new. You are scared b...
Overbuilding in Assisted Living - Part 2
Assisted Living Network Podcast - September 10, 2018 16:00 - 5 minutes ★★★★★ - 30 ratingsWhen we talk about overbuilding, five years from now are we really going to need this? Let me help you with some math right now there are 77 million baby boomers, 10,000 people a day are turning 65, but more importantly, over 4,000 a day are turning 85. That is 1.5 million people turning 85 eve...
What NOT to do When Building Your Residential Assisted Living Team
Assisted Living Network Podcast - September 03, 2018 16:00 - 7 minutes ★★★★★ - 30 ratingsYou as an entrepreneur can do anything that you want to do. However just because you can do something yourself doesn't mean you should. There is no ceiling, there is no lack of opportunity. So when you look at your own life and you look at your own opportunities and capabilities, you really have...
The 3 Ways to Simplify Getting Started in Residential Assisted Living
Assisted Living Network Podcast - August 27, 2018 16:00 - 5 minutes ★★★★★ - 30 ratingsThe three ways to simplify getting started in assisted living right now. The one most people really would love to do is buying an existing home that's already up and running and operational. If I can buy the right business and the right location, paying for that business up and running right now...
The 3 Things That Could Ruin the Residential Assisted Living Market
Assisted Living Network Podcast - August 20, 2018 16:00 - 6 minutes ★★★★★ - 30 ratingsThe three things that could absolutely wipe out the need for assisted living, one the plague, I don't think it's coming back. Two, when you hit 50, they'd knock you off. But I don't think they're going to do it in real life. And the third would be everybody stops growing old. The reality is none...
The Daily Life of a Residential Assisted Living Owner
Assisted Living Network Podcast - August 13, 2018 16:00 - 3 minutes ★★★★★ - 30 ratingsWhat's the day to day life like owning an assisted living home and business? No day is the same. What you're looking for is the manager to take care of business, find the residents, take care of the family, hire the caregivers. The day to day life that you have within your assisted living busine...
Lawsuits in Residential Assisted Living
Assisted Living Network Podcast - August 06, 2018 16:00 - 7 minutes ★★★★★ - 30 ratingsWhen you are In Residential Assisted Living you're going to get sued. The reality is we understand what the liabilities and the risks are. We have insurance to protect ourselves from it. But when people move into our homes, they're being taken care of, their being loved on. We want them to liv...
How Can You Make Money in Residential Assisted Living?
Assisted Living Network Podcast - July 31, 2018 15:42 - 3 minutes ★★★★★ - 30 ratingsEverybody wants to know how to make money in Assisted Living. There are three best ways to get started right now for you to make money. First, you can own the real estate, lease it to an operator. Two, you can just operate the business. The business itself is the ability to bring in those reside...
How to Find Great Staff for Your Residential Assisted Living Home
Assisted Living Network Podcast - July 24, 2018 04:49 - 7 minutes ★★★★★ - 30 ratingsThere's a lot of people out there right now that are thinking unemployment is at a record low. How in the world am I going to find great caregivers or a great manager for my assisted living home? The key is not just getting a caregiver or a manager, but getting the best ones, the right ones, att...
Feeding Residents in Residential Assisted Living
Assisted Living Network Podcast - July 17, 2018 19:14 - 7 minutes ★★★★★ - 30 ratingsFood, It's important for all of us. In assisted living, it's the number two, if not number one activity inside the home. If we feed the residents properly, they'll be healthier, happier, and more comfortable. They'll be a joy to be around. The amount of food, the quality of food. That is so easy...
Why Become a Residential Assisted Living Expert?
Assisted Living Network Podcast - July 10, 2018 04:59 - 6 minutes ★★★★★ - 30 ratingsThere's the saying that it takes 10,000 hours to become an expert. Now when you think about that, at 40 hours a week and 50 weeks in a year, that's 2000 hours in a year. So, if you devote five years of full-time effort to anything, you'll be an expert. So what is it that you're becoming an exper...
The Myths in Residential Assisted Living - Part 3
Assisted Living Network Podcast - July 03, 2018 04:16 - 5 minutes ★★★★★ - 30 ratingsDespite the myth, you can absolutely operate a Residential Assisted Living home hands off. Your job is to hire a manager, who then hires the caregivers and finds residents for the home and manage that relationship with the family. You are looking for those high-quality people who love what they ...
The Myths in Residential Assisted Living - Part 2
Assisted Living Network Podcast - June 26, 2018 04:09 - 7 minutes ★★★★★ - 30 ratingsThere are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. That doesn't mean they're all going to move into an assisted living home or facility, but they will need help. They're at home all alone and maybe they ca...
The Myths in Residential Assisted Living - Part 1
Assisted Living Network Podcast - June 19, 2018 03:09 - 7 minutes ★★★★★ - 30 ratingsThe first myth that I want to cover with you, is whether Residential Assisted Living is considered commercial or residential. We talk about Residential Assisted Living because it's a single family home, in a residential neighborhood. Now the home itself might be a little bigger than your average...
Assisted Living Options - Big Vs. Small
Assisted Living Network Podcast - June 12, 2018 04:04 - 7 minutes ★★★★★ - 30 ratingsWhen you think about assisted living, most people think about a large institutional setting. Some of the new facilities have independent assisted living and skilled nursing all in the same area with a lot of amenities. The advantage of the big box could be that they start with independent living...
What Does The Future Hold for Residential Assisted Living?
Assisted Living Network Podcast - June 05, 2018 03:20 - 7 minutes ★★★★★ - 30 ratingsThere are 77 million baby boomers in America alone. That is 4,000 people turning 85 every day, 120,000 every month, and 1.4 million this year alone. So when we are talking about 1.4 million baby boomers a percentage will check into assisted living. The fact is that 70 percent of us are going to ...
The Golden Girls Model for Residential Cash Flow
Assisted Living Network Podcast - May 29, 2018 01:35 - 7 minutes ★★★★★ - 30 ratingsThe Golden Girls Model is a real concept in true independent living. There are 2 sides: 1. The user side, the person living in the home. 2. The Business side, the opportunity. The users are the people living in the home. They want to continue living their life as independently as possible....
Overbuilding? The Right Place and Right Time for Assisted Living
Assisted Living Network Podcast - May 22, 2018 02:54 - 6 minutes ★★★★★ - 30 ratingsWhen the recession hit the market changed in regards to commercial investments and assisted living. The big builders finished the projects they were currently working on and then stopped all new building. However the need for assisted living didn’t stop. People were still aging and moving in and...
Is the Mom and Pop Model or the RAL Model Best for You?
Assisted Living Network Podcast - May 15, 2018 15:47 - 7 minutes ★★★★★ - 30 ratingsIn a Mom and Pop Model there is a family living in the home. This option is for people who want to be completely hands on 24/7/365. They have the desire to take care of people and want to be the manager, caretaker, cook, baker, candlestick maker, etc. They will have their food and housing taken ...
The Difference Between Memory Care and Assisted Living
Assisted Living Network Podcast - May 08, 2018 05:03 - 7 minutes ★★★★★ - 30 ratingsWhat are the many differences between Memory Care and Assisted Living? Memory Care is for those who have been diagnosed with memory issues or dementia. There are typically fewer residents in the facility. The facility is a lockdown facility with either a magnetic lock or a combination lock for...
The Influence of Age and Longevity on Residential Assisted Living
Assisted Living Network Podcast - May 01, 2018 02:51 - 11 minutes ★★★★★ - 30 ratingsYour longevity, how long and well you live, is a projection of your health. Part of that is genetic, but the other part is how well you treat your body, what you do with it and what you put into it. One of the things to pay attention to is the food you eat. Think of the food as fuel. Is it hig...
Senior Activities within Residential Assisted Living
Assisted Living Network Podcast - April 23, 2018 14:47 - 10 minutes ★★★★★ - 30 ratingsActivities for seniors come in two main categories: mind and body. Activities that engage the mind are ones that offer the seniors social, spiritual or intellectual interaction, with themselves and others. Activities that engage the body are physical ones. Having both kinds of activities are inc...
What to Look for in an Assisted Living Home
Assisted Living Network Podcast - April 17, 2018 03:31 - 11 minutes ★★★★★ - 30 ratingsBefore you begin choosing an assisted living home, perhaps for a parent or grandparent, there's some key points you need to know! First is price. In America, the average cost for a private room in an assisted living facility is $3,600. That's a lot. But you get what you pay for, and you do not w...
Finding Your Passion in Assisted Living
Assisted Living Network Podcast - April 09, 2018 14:28 - 9 minutes ★★★★★ - 30 ratingsWhat do you have a passion for? Making money? Helping others? Food? Travel? Whatever your passion, it is incredibly important! There’s a method to finding out what you love: Explore - give yourself a chance to explore some different things. Talk to People - ask some other people who are succ...
Overbuilding in Assisted Living
Assisted Living Network Podcast - April 02, 2018 19:05 - 10 minutes ★★★★★ - 30 ratingsA lot of people today are talking about overbuilding in assisted living and senior housing communities. But what is overbuilding and does it really exist? Seniors that need help and care, they are unable to live alone, need a bed in some type of senior housing facility. Right now there’s a boom ...
Senior Housing - Big Box vs The Home
Assisted Living Network Podcast - March 28, 2018 00:15 - 11 minutes ★★★★★ - 30 ratingsWhen it comes to senior housing facilities, there are generally two types: Big Box and Residential Assisted Living facilities. Here are some of their main differences. Big box facilities feel like a hotel. They try, but it is hard to get that homey feel in a facility for hundreds of people. Resi...
Residential Assisted Living and the Silver Tsunami
Assisted Living Network Podcast - March 16, 2018 21:49 - 7 minutes ★★★★★ - 30 ratingsThe silver tsunami is coming and it’s not a wave in the ocean. It is the 77 million baby boomers that are aging. There's 4,000 people a day are turning 85 and many will require care in the form of a senior living facility. Today in America, there are about 1.4 million beds for these seniors. But...
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