How Steven went from near bankruptcy to building a thriving STR business
Description
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In this episode, Jasper Ribbers interviews Steven Suarez, the founder of Argest Rentals, about his experiences in property management and the challenges he faced in scaling his business.
They discuss the importance of building strong relationships with virtual assistants, navigating partnerships and breakups, and the art of renegotiating in business. Steven shares valuable insights and lessons learned from his journey, emphasizing the need for clear communication, restructuring, and perseverance in the face of adversity.
Takeaways
- Building strong relationships with virtual assistants is crucial for success in property management.
- Navigating partnerships requires clear communication and setting expectations from the beginning.
- Scaling back and reevaluating properties and clients is essential for long-term growth.
- Managing stress and emotions is important for staying focused and making sound business decisions.
- Appreciating and supporting virtual assistants fosters loyalty and improves team morale.
- The art of renegotiating is a valuable skill in business and can help navigate challenging situations.
Chapters
00:00 Introduction and Catching Up
02:22 The Rum and Coke Story
08:07 Challenges and Lessons Learned in Property Management
14:07 Navigating Partnerships and Breakups
19:23 Scaling Back to Scale Up
23:41 Managing Stress and Emotions
27:41 Building Strong Relationships with Virtual Assistants
30:11 The Importance of Appreciating and Supporting Virtual Assistants
35:00 The Art of Renegotiating in Business
37:51 Where to Find Steven Suarez
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