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120. What's Your Breaking Point?

EPISODE · Mar 1, 2022 · 10 MIN

120. What's Your Breaking Point?

from Short Term Rental Riches

I was at the gym the other day about to start running on the treadmill when all of a sudden my phone would not connect to my Bluetooth headphones. Disaster, right?  Well it gets worse... Not only did it not connect, it completely shut down and wouldn't restart! I was forced to do a factory reset and wipe it clean out of nowhere. Which means all my data, contacts, passwords, notes, everything I keep on my phone (which is essentially everything these days) disappeared.Only it wasn't truly that bad… I have backups of everything. And it got me thinking about the subject of "weak points." Weak points, or breaking points, in our real estate businesses that could really devastate us if we are not prepared for them.  It's important we're always thinking about how stable our operation is as we grow our rental portfolios and real estate businesses. So this week we will dive into that with a little help from Nassim Nicholas Teleb and his fantastic book on the subject, called "Antifragile," Weak spots in our STR business How to protect yourself Why weak spots can make your business better Impacts on stress  Highlights from AntifragileYou can check out Nassim's book here on Amazon Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

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120. What's Your Breaking Point?

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