100K Cash Flow Using The Freedom Formula
665 viewsabout 2 years ago11m 3sScore: 75
The Short Term Shop
Pricing & Profitability
intermediate
Profitability
Revenue Management
Pricing Strategy
Expenses
Bookkeeping
Summary
This video discusses the "Freedom Formula" that helps hosts understand what it will take to make an extra dollar in the future. The host uses the scenario of replacing a $100,000 salary through long-term rentals and walks through the math to understand what kind of leverage is needed. The main message is that hosts need to do the work to secure freedom.
