The Freedom Formula Podcast: Achieving Financial, Location and Time Freedom

In this episode, Neel gives reviews of software he has used to run his remote local businesses in a more automated fashion. Neel starts by breaking down software into core vs. spoke. Core software includes companies like Launch27, BookingKoala, ZenMaid, Jobber, and Housecall Pro. Neel shares what he likes and doesn't like about them and also reminds listeners to consider whether they want a more industry-specific or industry-agnostic platform. Neel also discusses Slack, Zapier, G-Suite, Active Campaign, and the necessity of a VOIP system (after different trials, MaidThis has settled on Dialpad. Enjoy the episode!

In this episode Neel and Johnny tackle the question of how entrepreneurs feel about what their business does. While Johnny delves into the idea of what your goals/endgame are and how that can create different answers at different times in your entrepreneurial journey, Neel unapologetically says that you do not have to like what your business does, as long as you don't hate it (people who don't like donuts shouldn't open a donut shop). They also discuss: how sometimes working in your business instead of working on your business can make you dislike your business faster why sometimes the business, whatever it is, is just a vehicle for you to make money, help others, and develop personally the danger of making your passion your business Enjoy the episode!

In this episode Neel and Johnny welcome Sergio Silesky and Chris Munn to discuss different ways to deploy cash. Sergio is a business partner of Johnny and is in "cash stack" mode so all the income they are earning is getting reinvested into the business. Chris has often used his active income to invest in more passive businesses like real estate or already-running businesses doing between $1-5M in EBITDA. They also discuss: Why buying and renting out a single family home is a terrible idea (Chris calls it "a low-paying job") How syndicate deals offer people a way into better returns in real estate without having to have significant capital on hand Why having some form of passive income matters if you ever plan to retire or stop doing active businesses. Enjoy the episode!

In this episode Neel and Johnny discuss the business of gurus and how they've both changed their attitude on them over time. Johnny was formerly a hater until he himself became a "guru" by sharing information in free and paid form. As for Neel, he used to be anti-guru too, until he learned to simply "respect the funnel" and see that these guys did work really hard, even if their style wasn't for everyone. They also discuss: Some of their favorite gurus — both Neel and Johnny are Alex Hormozi guys. Their process of "vetting" gurus and their claims. The danger that some people will (incorrectly) see these gurus as models for entrepreneurship. Enjoy the episode!

In this episode Neel and Johnny give four proven tactics that they have used to drive hundreds of thousands of dollars of sales for their respective cleaning businesses. Those tactics are: Local Facebook Groups (Johnny explains his method of guerrilla marketing in these groups) Cold Email (Neel highlights the template for this underrated way to get new clients) Giveaways (Johnny harnesses the social power of Instagram to get a huge list of new leads) Postcards (Neel shares a brand that allows specific targeting...his favorite target? People who've just moved into the neighborhood) Enjoy the episode!

In this episode Neel and Johnny discuss the benefits of a $50,000+ mastermind that Johnny and his business partner joined. Originally Johnny had hired this company to help with sales and in classic "value ladder" style the company overdelivered on the entry-level product so that Johnny was primed to hear an upsell. Things had gone so well with the original sales help they asked for that it was a no-brainer to join the mastermind (even though they had to split up the payments). Johnny's loved all that has happened since, including a training weekend he recently attended. Neel and Johnny also discuss: why mission, vision, and values is key to taking your company to $100k MRR why Johnny's e-learning business is now actively disqualifying 70% of their leads the power of fellowship being with other entrepreneurs making a lot of money online You'll also hear Johnny share some of his company's values and why they're really important as you grow your company beyond 3-5 employees. Enjoy the episode!

In this episode Johnny catches up with Neel about his recent visit with the Hazda tribe in Tanzania. Neel got the special government permission necessary to go out there and learned a lot. Neel's day started with joining some of the members of the tribe hunting for food. He was blown away at how fast the tribal members moved through the bush and how accurate they were with the bow and arrow. Neel and Johnny also discuss: what an average day is like for the Hazda  why the Hazda reject newer technologies and convenience in general Neel's observations of the tribe's happiness You'll also hear about the inside joke Neel built with the tribe around his name, an extracurricular activity of the hunt that brought him back to his college days, and why some Hazda who enter the civilized world end up coming back. Enjoy the episode!

In this episode Neel and Johnny revisit the old quote about the five closest people to you and talk about proactively upgrading those people. They discuss: the power of groups like EO, EOA, and the Dynamite Circle why it's worth paying to join some groups (Johnny paid $50,000+ to join one particular group focused on e-learning businesses) the power of meeting people in Facebook groups and on Twitter. Neel and Johnny also talk about how easy it is to reach out to people on Twitter but how few people actually make the effort to connect, even via a voice message or Loom. Enjoy the episode!

In this episode, Neil gives listeners a step-by-step guide to starting their own vacation rental biz. He starts by highlighting the opportunity: people prefer vacation rentals to hotels now, and there is a huge demand for hotel-level cleaning services and a massive lack of companies to fulfill that need. Steps which Neel outlines includes: Your website: it doesn't need to be perfect...it just needs to get up ASAP Your booking system: will be different for residential cleaning and vacation rental (Neel gives recommendations for both) Your labor: how to get and retain them (insider tip: their ability to clean is NOT their most important quality) That corner tuck: what Airbnb guests look for when checking in and what you need to take care of Neel also discusses other ways you can monetize your business...after you get started!

In this episode Neel and Johnny discuss opportunity vehicles: what you are doing in your career, and how is it helping you achieve your life goals? Things they consider include: different "levels" of opportunity  how those levels can be completely different for people with different skill sets and personalities the undesirability of low margin businesses with lots of moving parts Enjoy the episode!