32 episodes
The Good Endeavor Business Show Mark McDaniel
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- Business
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5.0 • 7 Ratings
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Get passive income through short term rentals, and decide if you’re cut out for managing it yourself. If managing properties fills you up, you’ll learn how to build a management business. If it doesn’t, you’ll learn how to hire the right one.
Airbnb, VRBO, STR, whatever name you know it by, you can make property management a good endeavor and be fulfilled while keeping the booking calendar filled as well. I’m Mark McDaniel. I’m not a real estate agent. I knew nothing about property management when my partners and I sold an IT company in 2015.
I bought a 4 bedroom vacation rental in Tennessee’s Great Smoky Mountains – with an indoor pool and what feels like a hundred mile view. But I quickly learned the way my first property manager worked, didn’t work for me. The second, third, and fourth were significantly…no better.
With the idea of being a passive real estate investor now out the window - that 100 mile window - I applied my key principles and unlocked the secret to maximizing the value of rental properties, keeping the calendar full, and being satisfied and fulfilled by my work.
The techniques you’ll hear on The Good Endeavor Short Term Rental Show can be applied to any business, but they sure do make short term rentals more enjoyable for the host, more enjoyable for the guests, and more profitable for the owner.
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Running a Franchise like a Business Owner With Brian Beers
Imagine transforming a family business into a thriving franchise empire; that's the story of Brian Beers, the mastermind behind a multi-million-dollar automotive legacy. Brian joins us to unpack the pivotal moments and strategies that catapulted his family's modest enterprise into a powerhouse with 33 locations.
If you’ve considered buying a franchise, this episode is for you.
From helping you understand the advantages of acquiring existing franchises, the role of seller financing, and the value of community involvement within the franchise network -> to providing you insights into effective hiring practices, compensation models, and debunking the misconception of inherent profitability in franchises – this episode is PACKED with franchise insights you don’t want to miss out on.
Topics Covered:
09:35 From small business owner to $50 million in revenue
12:07 Do all franchises have a playbook on how to be successful?
18:12 Should you hire an operator from the start?
22:07 Owner finance deals selling points and benefits
26:23 Why some people make it and others don’t
32:15 From 0 to 21,000 social media followers
And more!
About Brian Beers:
Podcast - Business with Beers https://podcasts.apple.com/us/podcast/business-with-beers/id1562821011 Twitter - https://twitter.com/brianbeers
Connect with Bobby Herrington:
Instagram: https://www.instagram.com/bherringtonruns Website: www.205endurance.com Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/Instagram - https://www.instagram.com/staysimpli/Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/Twitter - https://twitter.com/staysimpliTikTok - https://www.tiktok.com/@staysimpli -
How The Car Wash Guy Increased Profits by 70% in 6 Months
Have an interest in a side hustle and some capital to play with? Have you considered the Car Washing business?
If so, Kriss Berg, The Car Wash Guy, has got some tips for you.
After many failed attempts in the storage business, Kriss decided to buy a car wash business that was underperforming due to lack of attention and upgrades from the previous owners.
Small but significant tweaks ranging from adding it to Google Maps to changing the attitude of attendants to focus more on customer experience was all it took to grow revenue and profits by 70% in 6 months, providing a very high return on investment.
Join Mark, Bobby, and Kriss on this episode of The Good Endeavor Show to learn more about car washes, their tax benefits, how to recoup your investment quickly, and more.
Topics Covered:
03:23 The Car Wash Guy Intro
05:20 Are car washes being overbuilt?
08:06 Is a Car Washing business really passive?
13:01 Car Wash software options
15:49 IRS Tax benefits for a Car Wash business
18:06 Why Car Washes are such a great investment
23:07 Tips for your business
And more!
Connect with the Car Wash Guy
Twitter/ X : https://twitter.com/KrissBergTweets Email: krissbergethon@gmail.comOnline Course: www.TaxFreeCashCow.com
Connect with Bobby Herrington:
Instagram: @bherringtonrunsWebsite: www.205endurance.comFacebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/Instagram - https://www.instagram.com/staysimpli/Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/Twitter - https://twitter.com/staysimpliTikTok - https://www.tiktok.com/@staysimpli -
Dumpster Rentals, SEO, and Business with the Dumpster Rental Guy
It’s a crazy story that involves a little bit of luck and a whole lot of smarts.
Mark and Bobby sit down with Bodhi, the Dumpster Rental guy, a young entrepreneur who was able to not only purchase an existing dumpster rental company but more than double its revenues in just a few years.
Through strategic digital marketing and an emphasis on relationships, Bodhi has dominated his local market and built a lucrative side business in SEO.
Listen in as Bodhi shares invaluable insights into finding acquisition opportunities, strategies for leveraging SEO, Google ads, and social media to generate massive growth, and avoiding costly mistakes.
In This Episode:
00:00 Intro - Getting into the Dumpster Rental business
04:40 SEO recommendations for service businesses
07:30 Low-hanging fruit and when to outsource
12:31 Dumpster Rental operation numbers
19:50 What you need to get into Dumpster Rentals
25:58 Bodhi’s keys to success
40:45 Are Google Ads worth it? Leveraging Google LSAS’s instead
And more!
Connect with Bodhi, the Dumpster Rental Guy:
https://twitter.com/irentdumpsters https://stryker-digital.com/
Connect with Bobby Herrington:
Instagram: https://www.instagram.com/bherringtonruns/ Website: https://www.205endurance.com/ Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/Instagram - https://www.instagram.com/staysimpli/Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/Twitter - https://twitter.com/staysimpliTikTok - https://www.tiktok.com/@staysimpli -
Failing Forward With Bobby Herrington
Podcast Update: The Good Endeavor Short-Term Rental Show is expanding with the addition of a new host, Bobby Herrington, and new topics within the entire scope of business (not just short-term rentals). Updated artwork and title coming soon.
In this episode:
Even the most successful innovators and companies have experienced many failures along the road to success. From Thomas Edison testing thousands of materials for the lightbulb and Dyson going through over 5,000 prototypes, it’s clear that failure is both necessary and inevitable.
So why are we so afraid of failure?
If you’re experiencing some of this fear today, Mark and Bobby have the strategies you need for shifting your mindset to separate a single failure from identifying yourself as a failure.
Viewing failure as an opportunity to gain experience and knowledge is what distinguishes the successful entrepreneurs we all look up to so share this with a friend who might need to hear this today.
Topics Covered:
00:00 Failing Forward
00:50 Examples of heroic failures
03:05 Where the fear for failure starts
05:30 The failure identity
08:08 Using failure data to learn
13:45 If this fails, I am a failure
33:15 Changes for The Good Endeavor Business Show
And more!
Resources Mentioned
Relentless by Tim Grover - https://a.co/d/h4TiX4x Amazon Unbound - https://a.co/d/chULdX4
Connect with Bobby Herrington:
Instagram: https://www.instagram.com/bherringtonruns/
Website: https://www.205endurance.com
Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/
Instagram - https://www.instagram.com/staysimpli/
Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/
Twitter - https://twitter.com/staysimpli
TikTok - https://www.tiktok.com/@staysimpli -
Avoiding Trial and Error in 2024 with Bobby Herrington
The New Year is rolling in and you know it’s time to take action in setting goals and navigating success.
In this episode, Mark and Bobby will be coaching you on creating a vision for where you want to go and then mapping out practical steps to get there. The key is to start small with achievable daily tasks and surround yourself with mentors who can provide guidance and shortcuts.
Metrics are a helpful part of goal setting for measuring your progress, but don't get discouraged if things aren't perfect. Both successes and so-called failures provide learning opportunities.
Just start taking action - you'll learn more by doing than by avoiding risks.
In This Episode:
00:00 Intro - Practical steps to navigating success
02:30 Goal setting from zero
04:50 Reverse engineering your vision
10:45 Grow confidence in yourself through a clear vision
15:00 The easiest, repeatable next step
28:20 Using metrics to keep you on track to success
33:15 When bigger steps are the better option
And more!
Connect with Bobby Herrington:
Instagram: https://www.instagram.com/bherringtonruns/
Website: https://www.205endurance.com
Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/
Instagram - https://www.instagram.com/staysimpli/
Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/
Twitter - https://twitter.com/staysimpli
TikTok - https://www.tiktok.com/@staysimpli -
Stepping into your Creative Genius with Bobby Herrington
Bobby is back on the show for part 2 of a Leadership series all about succeeding at work and in life.
Today, Mark and Bobby are talking about stepping into your creative genius.
What is creative genius?
It’s that intersection between your passion, your wiring, and your skillset that together brings the best version of yourself into the world.
Learn practical tips for discovering your creative genius, such as creating space for quiet reflection and writing down your strengths, and embracing your authentic self and surrounding yourself with people who compliment your gifts.
In This Episode:
00:00 Intro - Stepping into Your Creative Genius
02:39 Understanding Your Zone of Genius
05:43 Practical Tips for Discovering Your Creative Genius
09:43 Balancing Imagination and Reality
12:13 Small Steps to Tap into Your Creative Genius
20:09 Tools and Pathways for Discovering Your Creative Genius
34:37 Building a Team Around Your Creative Genius
And more!
Resources Mentioned
The Ruthless Elimination of Hurry- https://a.co/d/2P0quUI
Connect with Bobby Herrington:
Instagram: https://www.instagram.com/bherringtonruns/
Website: https://www.205endurance.com
Facebook: https://www.facebook.com/bobby.herrington.792
Connect with Mark McDaniel:
Website - https://staysimpli.com/
Instagram - https://www.instagram.com/staysimpli/
Facebook - https://www.facebook.com/people/Staysimpli/100088214988017/
Twitter - https://twitter.com/staysimpli
TikTok - https://www.tiktok.com/@staysimpli