LAU Episode 18 - I Was So MAD Until I Learned This Lesson

I was listening to one of my favorite podcasts recently that pissed me off so much I almost turned it off.  You'll have to listen to hear the whole story. 

Lets apply it to the VR world

There is an evolution that takes place in any new adventure. 

Mike Dillard has said that there are really only two ways to change your circumstances.

1. Acquiring new information and expanding your knowledge

2. Meeting new people and expanding your network

Many people get into the VR game with one idea in mind and then end up evolving as their knowledge base expands as well as their network.

We focus on three main areas inside of LAU, the Acquisition Phase, Set Up and Management Phase & the Marketing Phase.

One phase is not more or less important that the other. We tend to begin and end with the acquisition phase in most real estate investing.

However, VR are much closer related to a business than a real estate investment.

If you only focus on the acquisition phase, your property will be very market dependent and you will continue to compete for customer acquisition in more and more saturated markets. This can feel like you are swimming upstream and depending on many outside influences that you have no control over.

However, if you take it a few steps further, your business can evolve to be very self sustaining by focusing on the customer experience and customer retention which is way more enjoyable and where you have complete influence and control.

Conceptually, many business owners and professionals understand this. They just haven’t applied it to their vacation rental business.

This happen when you expand your knowledge base and your network to change your circumstances.

.

The Lifestyle Asset University and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets.

.

Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family.

.

For more content and expert advise, visit www.LifestyleAssetUniversity.com