Podcasts about subleasing

This will be a primer on Subleasing, covering topics from reasons for subleases to market considerations to documenting the transaction.    Questions? Inquiries about program materials? Contact Trenon Browne at tbrowne@bostonbar.org

Subleasing was frowned upon for a long time, but in today's era of Airbnb popularity, it's making a solid comeback and can be a great real estate investment strategy.  Airbnb arbitrage allows you to rent properties to tenants that you rent from a landlord. You act as the middleman between the owner and tenants and take a piece of the pie without the need to own physical real estate yourself. Learn more about your ad choices. Visit megaphone.fm/adchoices

We continue our miniseries on lease accounting. In this episode, we discuss “day 2” lease accounting, focusing on lease remeasurements, subleasing, and lease impairments.In this episode, you'll hear a discussion of:01:18 - Events requiring remeasurement02:17 - Full lease remeasurements06:19 - Partial lease remeasurements7:47 - Lease term and purchase option remeasurements13:44 - Lease modification remeasurements21:34 - Subleasing arrangements25:58 - A refresher on ROU asset impairmentsFor more information on modifications and remeasurements of leases, read chapter 5 of our Leases guide. For more on leases, check out the first episode in our miniseries; it covers lease classification. Additionally, follow this podcast on your favorite podcast app for more episodes. Suzanne Stephani is a director in PwC's National Office specializing in the statement of cash flows, as well as the application and interpretation of the accounting guidance related to financing and leasing transactions. Marc Jerusalem is a PwC National Office managing director specializing in leasing. Marc consults with clients on complex lease accounting issues and is a frequent contributor to many related PwC National Office publications. Heather Horn is the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series. Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com. 

In this episode, Bill Condon and Matt McGregor delve deep into the latest market trends within the industrial market. Discussions include the pull back of products in the capital markets, the decrease in building values and the downfall of land values. They also highlight areas like South Seattle and their rise in tech and EV activity. Additionally, they explore challenges associated with the construction debt. The conversation sheds light on the role of companies like Amazon and Boeing in impacting industrial leasing and absorption rates, focusing on the current state and potential future of the industrial market. 00:37 Introduction and Welcome 00:44 Discussion on Market Impact and Product Pulling 01:36 Analysis of Pricing and Buyer Expectations 02:17 Impact of Pricing on Market Dynamics 04:10 Exploring the Downfall of Land Values 05:36 Insights on Market Trends and Subleasing 06:51 The Soft Spot in the Market: 100 to 200,000 Square Foot Range 07:59 Discussion on Southern Industrial Market Trends 09:57 Challenges and Trends in South Seattle Market 12:28 Boeing's Impact on the Market 13:32 Amazon's Potential Return to the Market 14:08 Challenges in Construction Financing 14:57 Conclusion and Farewell

In this Industrial Advisors podcast, hosts Bill Condon and Matt McGregor engage in an insightful discussion with their guest Craig Hurvitz, the National Director of Industrial Research at Collier's. The discourse revolves around the state of the industrial market in 2023, which despite fears of recession and a crumbling capital market has remained strong. There is a decrease in overall demand from the soaring figures of 2021 and 2022, but it's in line with the performances of 2017-2019. A disproportionate amount of supply in the market is creating an imbalance, contributing to increases in vacancy rates. Craig also highlights new emerging trends, predicting a 'reset' of the industrial market by the end of 2024. Dallas and Phoenix, among others, show promising signs of growth, and subleasing has seen a slight uptick but remains within historical averages. The conversation offers in-depth perspectives and predictions on the industrial market scenario. 00:35 Introduction and Guest Introduction 01:05 Discussion on Industrial Market Trends in 2023 02:12 Understanding Net Absorption and Supply-Demand Balance 05:00 Top Performing Industrial Markets in the U.S. 06:12 Emerging Trends in the Industrial Market 08:04 Discussion on Industrial Lease Rates and Escalations 09:16 Insights into the Industrial Capital Market 10:27 Predictions for the Industrial Market in 2024 11:27 Investment Opportunities in the Industrial Market 13:23 Trends in Subleasing in the Industrial Market 14:40 Conclusion and Guest Farewell

In this podcast episode, Dr. Danny discusses the topic of managing relationships when subleasing office space as a new physical therapist entrepreneur. He highlights that many physical therapists begin their careers by being mobile or subleasing space in a gym or clinic. While being mobile has its advantages in terms of low overhead costs, it can prove to be challenging to scale the business and time-consuming when it comes to traveling between patients. Subleasing, on the other hand, is a more popular option that allows therapists access to gym equipment at a relatively low monthly cost, typically ranging from $1,500 to $2,000. Doc Danny emphasizes that when subleasing as a new physical therapist, the owner's character and mindset are more important than the location or price. Entrepreneurs should seek someone with integrity, a growth mindset, and a positive reputation through references. Head to the link below to participate in our 5 Day Challenge!   https://www.physicaltherapybiz.com/challenge   www.physicaltherapybiz.com/apply   Do you enjoy the podcast? If so, leave us a 5-star review on iTunes and tell a friend to do the same! Are you a member of our free PT Entrepreneur Facebook Group? If not, head to the link below and join the community! https://www.facebook.com/groups/ptentrepreneur/

What's with the new wave of sub-subleasing going on?

Our Social Media Pages, follow us and engage with the Pill-grim community!Join our Entre CommunityInstagramTwitter YouTubeTikTokLinkedInAnd now for this week's prescription:On this week's dose, (1:50) we kick things off with Sizzle AI, an AI platform that aims to empower students to ask questions and love learning, sizzling off their $7.5M seed round. Next (9:41), we cover Kiki's recent $6M seed round, and learn about how the startup matches renters with listers based on similar preferences and interests. To close out this week's dose (18:36), we breakdown Gympass, a leading corporate wellness platform, and their $85M Series F. Stick around (26:08) for a brief summer recap from the Podfathers.Sources:https://www.edtechreview.in/news/ai-driven-free-interactive-app-sizzle-ai-raises-7-5m-in-seed-funding/https://techcrunch.com/2023/08/28/subletting-app-kiki-raises-6m-by-using-dating-app-concepts-to-match-listings-and-renters/https://gympass.com/en-us/blog/gympass-news/gympass-raises-series-f-funding/ Music Credit: Chapter One by Cole Bauer and Dean Keetonhttps://www.colebauer.com/https://www.instagram.com/deankeeton/?hl=enDisclosure:The views, statements, and opinions, expressed herein by the hosts and guests are their own, and their appearance on the podcast should not be construed as reflecting the views or implied endorsement of Independent Brokerage Solutions LLC or any of its officers, employees, or agents. The statements made herein should not be considered an investment opinion, advice, or a recommendation regarding securities of any company. This podcast is produced solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy a security.

In this episode, Jorge explains why owning real estate is way better than arbitrage. Subleasing will get you here but won't get you there. Benefits of owning real estate: - Cash flow - Increase in value over time - The depreciation - Mortgage pay down - Taxes   Links: Want to Invest with Jorge? Register for my Free AirBNB Webinar  Free Ebook Instagram YouTube Website

The ACC recently announced that for the next 4 seasons, the CW will air a handful of college football and basketball games as a sublease through their media deal with ESPN. This is noteworthy, but not ground altering news for the Pac-12 in the backdrop of their own media talks.On today's episode of Locked On Pac-12, Spencer McLaughlin also examines an outside-the-box idea for expansion the Pac-12 could potentially consider one day--one that hasn't been discussed at all. The Pac-12 should want to expand right now with San Diego State and SMU, but what should their mindset be going forward?SDSU and SMU are widely considered to be the top options for expansion for the Pac-12 for a variety of reasons. Should SMU, which hasn't had great success on the football field lately, really be a more sought after school than Tulane who just beat USC in the Cotton Bowl?Support Us By Supporting Our Sponsors!birddogsGo to birddogs.com/LOCKEDONCOLLEGE or enter promo code LOCKEDONCOLLEGE for a free Yeti style tumbler with your order. You won't want to take your birddogs off we promise you.eBay MotorsFor parts that fit, head to eBay Motors and look for the green check. Stay in the game with eBay Guaranteed Fit. eBay Motors dot com. Let's ride. eBay Guaranteed Fit only available to US customers. Eligible items only. Exclusions apply.FanDuelMake Every Moment More. Don't miss the chance to get your No Sweat First Bet up to TWO HUNDRED DOLLARS in Bonus Bets when you go FanDuel.com/LOCKEDON.FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices

The ACC recently announced that for the next 4 seasons, the CW will air a handful of college football and basketball games as a sublease through their media deal with ESPN. This is noteworthy, but not ground altering news for the Pac-12 in the backdrop of their own media talks. On today's episode of Locked On Pac-12, Spencer McLaughlin also examines an outside-the-box idea for expansion the Pac-12 could potentially consider one day--one that hasn't been discussed at all. The Pac-12 should want to expand right now with San Diego State and SMU, but what should their mindset be going forward? SDSU and SMU are widely considered to be the top options for expansion for the Pac-12 for a variety of reasons. Should SMU, which hasn't had great success on the football field lately, really be a more sought after school than Tulane who just beat USC in the Cotton Bowl? Support Us By Supporting Our Sponsors! birddogs Go to birddogs.com/LOCKEDONCOLLEGE or enter promo code LOCKEDONCOLLEGE for a free Yeti style tumbler with your order. You won't want to take your birddogs off we promise you. eBay Motors For parts that fit, head to eBay Motors and look for the green check. Stay in the game with eBay Guaranteed Fit. eBay Motors dot com. Let's ride. eBay Guaranteed Fit only available to US customers. Eligible items only. Exclusions apply. FanDuel Make Every Moment More. Don't miss the chance to get your No Sweat First Bet up to TWO HUNDRED DOLLARS in Bonus Bets when you go FanDuel.com/LOCKEDON. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN) Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this informative video, we delve into the prevalent practice of subleasing in the warehouse leasing business. Discover why subleasing is widely adopted and the types of groups or entities that actively seek out subleasing properties. We explore the dynamics of subleasing contracts, the challenges involved, and the importance of understanding the complexities it brings. Additionally, we discuss the increased significance of subleases in the post-COVID era and how they facilitate business transitions and short-term growth strategies. Join us as we shed light on the duration, costs, and flexibility associated with subleasing agreements. Stay informed about the evolving landscape of warehouse leasing and make better decisions for your business. Subscribe now for more insightful content on the commercial real estate industry! Classic Sublease - 1:16 Introduction to Three Parties - 1:40 Shifting World of Subleases - 2:43 Length of Subleases - 4:30 Lease Terminations - 7:00

Continuing on from the concept of "own nothing and control everything" todays podcast will explore how you can use other peoples properties to raise capital and create invaluable cashflow. This episode is not to be missed by anyone 1. Starting out in property investment with no deposits 2. Unable to access lending from the Banks 3. Requiring cashflow to fund leases on depreciating assets 4. Wanting to reach their cashflow targets sooner so that they can quit their jobs and live passively from their portfolio We will go step by step through how to negotiate on suitable properties, set them up and then utilise the cashflow for your own purposes. This 30 minute podcast could change the way you live forever! Mentioned in this episode is the step by step process of how you can generate positive cashflow with zero to little investment and make income by setting up HMO's of someone else's properties For those that prefer to watch you can also catch us on YouTube.  Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now The HMO Property Co Website: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ DisclaimerNothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and/or property/investment strategies.

What is the current state of the subleasing space and what should you expect going into 2023? Hosts Bill Condon and Matt McGregor share some intriguing stats on the subleasing space, how Amazon's subleasing move impacted the markets, and what to expect from the space in the future. What's going on in the subleasing space? Bill and Matt start the conversation by sharing some really interesting stats on the current and future state of the subleasing market. In the 4th quarter of 2021, there were 10.2 million feet advertised for subleasing in the US. That number has increased by 78% in 2022 with 45 million square feet available for sublease. Bill explains how the online shopping slowdown is forcing Amazon to sublease warehouses. With more subleasing space available countrywide, Bill and Matt try to uncover whether rent prices will change and the demand for warehouses will slow down in 2023. One of the major advantages of subleasing is that you're getting yesterday's rates. In a ten-year lease, for example, if you sublease five years into the contract, you'll be paying rates from 5 years ago. However, the biggest drawback of subleasing is the risk that you won't get a renewal option or you'll get hammered with renewal prices. Matt and Bill are convinced the increase in subleasing space won't affect rent prices in primary markets like New Jersey, where we're seeing very good leasing velocities. Bill feels the upward trend in the subleasing space will level off in 2023.     Mentioned in this episode: Industrial Advisors

What is the current state of the subleasing space and what should you expect going into 2023? Hosts Bill Condon and Matt McGregor share some intriguing stats on the subleasing space, how Amazon's subleasing move impacted the markets, and what to expect from the space in the future. What's going on in the subleasing space? Bill and Matt start the conversation by sharing some really interesting stats on the current and future state of the subleasing market.In the 4th quarter of 2021, there were 10.2 million feet advertised for subleasing in the US. That number has increased by 78% in 2022 with 45 million square feet available for sublease.Bill explains how the online shopping slowdown is forcing Amazon to sublease warehouses. With more subleasing space available countrywide, Bill and Matt try to uncover whether rent prices will change and the demand for warehouses will slow down in 2023.One of the major advantages of subleasing is that you're getting yesterday's rates. In a ten-year lease, for example, if you sublease five years into the contract, you'll be paying rates from 5 years ago.However, the biggest drawback of subleasing is the risk that you won't get a renewal option or you'll get hammered with renewal prices.Matt and Bill are convinced the increase in subleasing space won't affect rent prices in primary markets like New Jersey, where we're seeing very good leasing velocities.Bill feels the upward trend in the subleasing space will level off in 2023.   Mentioned in this episode:Industrial Advisors - https://www.industrialadvisors.com/

There are much better ways to run a clinic and health economist Tracey Johnson has crunched the numbers for you.It can be hard graft running a business but there are smarter ways to ramp up financial and professional rewards. Tracey Johnson in CEO at Inala Primary Care. She's spent years as a health economist, policy advisor and helping health-tech start-ups scale up big. Today on The Tea Room Tracey spills the tea on the simple economics of right-sizing GP clinics. “There's a sweet point if you've got four to five GPS, you know, there's a business model that can be formed around that. The next sort of tipping point seems to sit at around nine to 12 doctors, and then again up around 20 doctors,” Tracey says. Subleasing to pathology and other allied health is critical to being viable as is hot desking consult rooms across longer opening hours. Tracey Johnson says that if you're running a practice with nine doctors, and you've got the capacity to move up to 12 doctors, the way you might do that is by opening from seven o'clock in the morning until seven o'clock at night with doctors working different shifts depending on their lifestyle needs. “And by reducing the cognitive burden that happens from working too many hours on those really long days, practices are actually finding doctors enjoy their work more, you get more utilisation around those rooms and generally things come together better for the patients as well,” Tracey says. Tracey is also smashing down the traditional barriers between the Local Health District and Public Health Network in her region. And she has a strong motivation to do so working in Queensland's largest housing commission suburb. “We have the highest rate of disability pensioners in the state in this suburb. We have five jails just down the road. I've spent the last decade looking at what I can bring out of hospitals and give into patient hands and into the hands of primary care providers to actually make life better for everyone,” she says. P.s If $8 billion of fraud was floating around in your GP bank account we know this episode wouldn't be listened to. As it is, we know it will be very popular. Hosted on Acast. See acast.com/privacy for more information.

Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped the e-commerce giant rake in soaring profits in the past two years, has eased. Subleasing allows the company to “relieve the financial obligations associated with an existing building that no longer meets” its needs, Amazon spokesperson Alisa Carroll said. Carroll didn't disclose how much space the company plans to sublet. But citing anonymous sources, Bloomberg News and The Wall Street Journal reported earlier that the retailer would sublease at least 10 million square feet of space and could end more of its leases in states including New York, New Jersey and California. Seattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and workers to keep up with demand from homebound consumers who felt more comfortable buying things online. But as the worst of the pandemic eased, it found itself with too much warehouse space and too many workers. “Subleasing is something many established corporations do to help manage their real estate portfolio,” Carroll said. Last month, the company reported its first quarterly loss since 2015, fueled by the e-commerce slowdown and a massive write-down of its investment in the electric-vehicle startup Rivian Automotive. In a statement released last month with its earnings results, CEO Andy Jassy said the company was now focused on improving productivity. This article was provided by The Associated Press.

In this episode, Jorge is breaking down the subleasing strategy step by step. He discusses what is subleasing, how it works, why do we sublease, what we look for in properties to qualify, and things to avoid when looking at properties on Airbnb.   Links: Free Ebook Instagram YouTube Website

In today's Podcast, Bryce Henson interviews Bedros Keuilian, CEO of Fit Body Boot Camp, the world's fastest-growing fitness boot camp franchise. He's a serial entrepreneur, best-selling author, and known as the hidden genius that entrepreneurs and business experts turn to when they want to quickly scale their business, boost sales, and increase profits. Bedros shares his story of migrating to America, living on government-supported programs, the idea behind nutritional brands like Trulean, how Fit Body Bootcamp survived 2020, why alignment is so crucial in your business, overcoming severe anxiety, and so much more. This rags to riches story is living proof the American Dream is real. “The only limiting factor to impacting growth is the people around you. It's not even money… money is not a limiter. If you're good at what you do, money will come.” -Bedros Keuilian Here's what you don't want to miss: 6:00 Taking on pain of others and thriving in adversity 9:30 Learning to be resilient, resourceful, and relentless 11:55 The ideation of Fit Body Bootcamp 15:00 Subleasing the first Fit Body Bootcamp location 16:30 The moment Fit Body Bootcamp began to grow 17:20 Transitioning Fit Body Bootcamp into a franchise model 18:50 The Fitness Body Bootcamp three core values 20:25 Bedros highlights being the CEO of Fit Body Bootcamp 23:25 The most significant detriment to the fitness industry 26:13 The importance of pivoting quickly 29:40 Launching the Trulean supplement brand 33:00 Choosing the cleanest nutritional ingredients 37:33 The importance of creating alignment in your franchise 38:55 The Modern Day Knight Project experience 41:46 What Bedros learned from a significant life event 44:55 How leadership-of-self helped Bedros overcome anxiety 46:00 How neglecting yourself is a downward spiral 49:05 Building a brotherhood through pain and suffering 50:53 Facing the different seasons and phases of life 54:04 The lessons Bedros learned from writing MAN UP 59:09 Bedros shares a personal story from his youth Follow Bryce Henson's Website: https://brycehenson.com Connect with Bryce Henson: Facebook https://www.facebook.com/realbrycehenson Instagram https://www.instagram.com/realbrycehenson LinkedIn https://www.linkedin.com/in/realbrycehenson

Rental Pros! Today's episode is all about outsourcing items and subleasing from other rental companies. We've been doing this for years and have had a lot of success with outsourcing and subleasing. Listen in to hear Cam's best tips and tricks! Here is a sneak peek of what this episode consists of: [1:30] What is outsourcing? [5:10] Things to consider when outsourcing inventory [10:06] Creating relationships with your competitors [14:17] 50-75% of the order should be internal [17:35] Custom graphics & paints Save your seat for the Rental Biz Summit! Watch this episode on https://youtu.be/ROy9Obik-8c (YouTube)!

Think subleasing is a no brainer? Many landlords and tenants do, but that's simply not the case. In Part 2 of our three part series "Landmines of Leasing" Capital Rivers General Counsel Scott Toussaint and commercial real estate attorney Shawn Dhillon explore a variety of loopholes and legal concerns in subleasing and what you need to know to protect yourself, your business, and your investment.

Jorge Contreras is an all-time success story. He walks us through the simple strategies he uses in short term rentals to make passive income. Jorge Contreras, a Real Estate Investor & Coach is passionate about helping people create time, financial, and location freedom with Airbnb and Real Estate Investing. He retired at age 29, became a millionaire by 30, and now earns multiple 6 Figures with his Airbnb Business. LINKS TO GUEST http://www.Instagram.com/thejorgecontreras Www.theJorgeContreras.com

In today's Fitness Franchise Podcast, Bryce Henson interviews Bedros Keuilian, CEO of Fit Body Boot Camp, the world's fastest-growing fitness boot camp franchise. He's a serial entrepreneur, best-selling author, and known as the hidden genius that entrepreneurs and business experts turn to when they want to quickly scale their business, boost sales, and increase profits. Bedros shares his story of migrating to America, living on government-supported programs, the idea behind nutritional brands like Trulean, how Fit Body Bootcamp survived 2020, why alignment is so crucial in your business, overcoming severe anxiety, and so much more. This rags to riches story is living proof the American Dream is real.  “The only limiting factor to impacting growth is the people around you. It's not even money… money is not a limiter. If you're good at what you do, money will come.”  -Bedros Keuilian Here's what you don't want to miss: 6:00 Taking on pain of others and thriving in adversity 9:30 Learning to be resilient, resourceful, and relentless 11:55 The ideation of Fit Body Bootcamp 15:00 Subleasing the first Fit Body Bootcamp location 16:30 The moment Fit Body Bootcamp began to grow 17:20 Transitioning Fit Body Bootcamp into a franchise model 18:50 The Fitness Body Bootcamp three core values 20:25 Bedros highlights being the CEO of Fit Body Bootcamp 23:25 The most significant detriment to the fitness industry 26:13 The importance of pivoting quickly  29:40 Launching the Trulean supplement brand  33:00 Choosing the cleanest nutritional ingredients  37:33 The importance of creating alignment in your franchise 38:55 The Modern Day Knight Project experience 41:46 What Bedros learned from a significant life event 44:55 How leadership-of-self helped Bedros overcome anxiety 46:00 How neglecting yourself is a downward spiral 49:05 Building a brotherhood through pain and suffering 50:53 Facing the different seasons and phases of life 54:04 The lessons Bedros learned from writing MAN UP 59:09 Bedros shares a personal story from his youth Follow us on the Socials: Instagram https://www.instagram.com/fitnessfranchisepodcast/ Facebook https://www.facebook.com/fitnessfranchisepodcast/ LinkedIn https://www.linkedin.com/company/fitnessfranchisepodcast/about/ YouTube https://www.youtube.com/channel/UCc2I2-oiey1NjLEwZJdUdww   Connect with Bedros Keuilian:   Instagram https://www.instagram.com/bedroskeuilian/ Facebook https://www.facebook.com/bedroskeuilian/ Youtube https://www.youtube.com/user/KeuilianInc Twitter https://twitter.com/bedroskeuilian LinkedIn https://www.linkedin.com/in/bedroskeuilian/

In today's Fitness Franchise Podcast, Bryce Henson interviews Bedros Keuilian, CEO of Fit Body Boot Camp, the world's fastest-growing fitness boot camp franchise. He's a serial entrepreneur, best-selling author, and known as the hidden genius that entrepreneurs and business experts turn to when they want to quickly scale their business, boost sales, and increase profits. Bedros shares his story of migrating to America, living on government-supported programs, the idea behind nutritional brands like Trulean, how Fit Body Bootcamp survived 2020, why alignment is so crucial in your business, overcoming severe anxiety, and so much more. This rags to riches story is living proof the American Dream is real.  “The only limiting factor to impacting growth is the people around you. It's not even money… money is not a limiter. If you're good at what you do, money will come.”  -Bedros Keuilian Here's what you don't want to miss: 6:00 Taking on pain of others and thriving in adversity 9:30 Learning to be resilient, resourceful, and relentless 11:55 The ideation of Fit Body Bootcamp 15:00 Subleasing the first Fit Body Bootcamp location 16:30 The moment Fit Body Bootcamp began to grow 17:20 Transitioning Fit Body Bootcamp into a franchise model 18:50 The Fitness Body Bootcamp three core values 20:25 Bedros highlights being the CEO of Fit Body Bootcamp 23:25 The most significant detriment to the fitness industry 26:13 The importance of pivoting quickly  29:40 Launching the Trulean supplement brand  33:00 Choosing the cleanest nutritional ingredients  37:33 The importance of creating alignment in your franchise 38:55 The Modern Day Knight Project experience 41:46 What Bedros learned from a significant life event 44:55 How leadership-of-self helped Bedros overcome anxiety 46:00 How neglecting yourself is a downward spiral 49:05 Building a brotherhood through pain and suffering 50:53 Facing the different seasons and phases of life 54:04 The lessons Bedros learned from writing MAN UP 59:09 Bedros shares a personal story from his youth Follow us on the Socials: Instagram https://www.instagram.com/fitnessfranchisepodcast/ Facebook https://www.facebook.com/fitnessfranchisepodcast/ LinkedIn

Podcast Host, Andrew Schultz, chats about tenants who violate the subleasing terms set out in their contract and how to best handle the situation. Tax season is here! Have you received a W9 request from your tenant’s employer? If so, you’re not alone. Find out what to do when you’re asked for this information. Last, but not least, we’ve got a story about tenants who had one too many and found themselves crawling through their landlord’s doggy door.

In this multi-part segment, I'll be unpacking my own experience + journey of buying commercial property and instantly changing my personal wealth and business trajectory. While I'll be unpacking these topics thoroughly, the natural constraints of a podcast make it difficult to fully deliver all the information I have on this topic. If you're planning on embarking upon this journey yourself and want the guidance of someone who has done this personally and coached many owners through the same process, please shoot me an email and let's discuss your project. stu@wtfgymtalk.com --- Send in a voice message: https://anchor.fm/wtfgymtalk/message

Segment 1:  Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about the first 3-D printed house up for sale, the labor market improving slightly in January, mortgage rates rising and what exactly is in President Biden’s stimulus package. Segment 2: Chicago Inno‘s Associate Editor Katherine Davis tells John the latest news about Chicago startup […]

Sublease space available now tops the 9 million square feet mark Available sublease space has increased by almost 50% since January, 2020 Subleases make up 15-20% of all space available in North Texas today Total available sublease space stands at 180 million square feet nationally Landlords just now getting aggressive against sublease negotiations Landlord blocking subleases Subleases, on average, are 15.5% less than for direct lease space Loss of amenities for returning tenants DFW has topped the market in return-to-work tenants

Today’s episode features insights from DFW International Airport CEO Sean Donohue on air travel, Cushman & Wakefield’s Travis Boothe on subleasing, and Newmark Knight Frank’s Brian O’Boyle on multifamily investing. The Real Estate Council Website: https://www.recouncil.com Sign up for our weekly newsletter and get new episodes right to your inbox: https://recouncil.com/subscribe/ Subscribe to TRECcast -Apple Podcasts: https://podcasts.apple.com/us/podcast/treccast/id1438048995 -SoundCloud: https://soundcloud.com/trecdallas -Stitcher: https://www.stitcher.com/podcast/treccast The Real Estate Council Social Media -Facebook: https://www.facebook.com/therealestatecouncil -Twitter: https://twitter.com/TRECDallas -Instagram: https://www.instagram.com/trecdallas/ -LinkedIn: https://www.linkedin.com/company/the-real-estate-council

Welcome to A Counselors Journey To Private Practice. I'm your host, Juan.This episode is all about going From $0 to $50,000 in private practice. Here are some tips that will get you there smoothly:Call People - reach out to your community. Call all counselor's in your area and let them know that you're starting a private practice. Break bread and get coffee with those counselors. That way, you can have some referrals moving forward.Get Business Cards - Make sure you put a picture of yourself on the business card. That way, your client will know what you look like, and it can build an emotional connection. Work With An Accountant -  Get a separate bank account. Your business finances should not be mixed in with your personal finances. It may be beneficial to work with an accountant right away. That way, you do not miss essential deadlines like tax season! Sublease An Office - Rent a space for $20 an hour instead of forking over thousands of dollars each month on office space. Subleasing is a significant way to cut overhead costs and keep your expenses low when you're just starting out in private practice. Start Part-Time - Instead of diving into private practice, start part-time so you still have your full-time income to rely on. Once you get enough clients under your belt, it will be easier to leave your full-time gig behind. Build A Website - Your website is your brand; make sure it is consistent. Sometimes, you need to spend money to earn money, so it may be more efficient to pay upfront rather than learn all the tech skills. SEO - This is how your clients will find you. If you have keywords around your services, clients will be able to find you easier. One way you can do this is by writing blog posts.Plus, Gordon gives tips on marketing your private practice: ROI is much more important than figuring out a percentage. If you're going to spend $1,000 on advertising, you want to know that you're making a profit on that. If you spend $1,000 and it brings you twenty more clients, that will definitely be a good return on investment because you'll make money in the long-run. Think about what you spend on marketing and how you're making money in return. Are you interested in receiving help with your counseling business?CLICK HEREThank you for listening.Please leave an awesome review and subscribe to the podcast so that you never miss an episode in your journey of private practice.I'm always looking for awesome counselors that are ready to share their story. Visit the link below, let's connect.Visit http://acounselorsjourney.com/be-a-guest/Watch the episode on the YouTube Channel: https://youtu.be/SsLKAam43U8Visit the website: http://acounselorsjourney.com/Support the show (https://www.buymeacoffee.com/juansantos)

Welcome to A Counselors Journey To Private Practice. I'm your host, Juan.In this episode, we cover 10 Checklist To Starting A Private Practice. Here are 10 key take-aways:Mission. What is the mission of the business? What does your business look like in 6 months? Or in 10 years? Create a mission statement that connects to the foundation of the business.Create a business plan. I like to think of a business plan similar to a treatment plan that is set for the client.  Insurance. Take time to get you and your practice covered with insurance that includes professional and general liability.Time off. Self-care is vital and should not be on the back burner. Instead, I encourage business owners to build their practice around their self-care and not the other way around. Meaning that you are working to create the lifestyle you desire. Bank account. Set up a separate account (business account) that is under your business name/practice group name and tax ID number. This account is used to receive and pay all business-related monies. Set up a legal structure. Take time to meet with a CPA and/or business attorney to explore setting this up. Structures can range from LLC to Corporation. When deciding on the structure take time to think long term, explore how the structure impacts your taxes, and so forth. Finding a location. You have options when it comes to how you want to set up shop. I'll share the options below as they impact set up fees. Clinician Home-based therapy. This structure means that you operate your counseling practice out of your home. This can be done through face to face to telehealth. Client Home-based therapy. This structure means that you are going to the home of the client to provide services. Subleasing an office space from a large office. This structure means that you rent an office from a suite that is already being rented by another person.Renting an entire office. This structure means that you rent an entire office suite.Purchasing a commercial property. This structure means that you purchase a property. Very similar to purchasing a home versus renting a home.Creating a website. Counselors in private practice should have a website. A place that potential visitors can learn more about the services that you are providing. Having a website can serve many purposes. Your website can be a place that gives you space to share your thoughts. Such as a blog all about your journey or how you help people with anxiety.Accounting system. Take time to select an accounting system for your practice. The example includes QuickBooks. General areas to explore. Take time to explore the following questions in an effort to solidify the foundation to your private practice: What is the process for paying bills associated with the practice? (such as paying for rent or insurance). What is the process for paying taxes?Are you interested in receiving help with your counseling business?CLICK HERE Thank you for listening.Please leave an awesome review and subscribe to the podcast so that you never miss an episode in your journey of private practice.I'm always looking for awesome counselors that are ready to share their story. Visit the link below, let's connect.Visit http://acounselorsjourney.com/be-a-guest/Watch the episode on the YouTube Channel: hSupport the show (https://www.buymeacoffee.com/juansantos)

This year, we've seen the natural rise of flexible working. Most organisations have now experienced staff working from home or remotely… which seems to be working! So, the question on many decision makers' lips: how do we do what we've been doing (only better), going forward? This episode investigates how the office leasing market has fared throughout the pandemic, with a spotlight on the Sydney and Melbourne markets. Join us to uncover opportunities for landlords and tenants amidst this challenging market and to discuss the rise of office subleasing. In this episode, you'll hear from Mark Curtain, Head of Office Leasing - Pacific, Ashley Buller, Director of Office Leasing - Victoria and Chris Fisher, Director of Office Leasing - Sydney CBD.

As companies lay-off employees or close offices, they don't need all their office space and seek to sublease it. In this episode, we flesh out why someone would want to sublease and the pros and cons of doing so from the perspectives of both the company disposing of its excess space and the company taking over the space. We'll discuss questions such as: What's the difference between subleasing and assigning a lease? When might someone want to sublease their space? When might someone want to assign their space? Will today's environment (COVID19) will lead to more subleases being available on the market? What are the benefits of subleasing/assigning for the sublessor/sublandlord? What about for the subtenant/sublessee? What are the risks of subleasing/assigning for the sublessor/sublandlord? What are the risks of subleasing/assigning for the subtenant/sublessee? What's the process to sublease your space? Can the subtenant sub-sublease if they no longer need the space? Thanks to our sponsor, REATA Commercial Realty, Inc., which is a tenant advisory firm exclusively representing companies and non-profits which lease or purchase office, medical and warehouse space.

Today’s topic is a new one in the STC community. Have you ever thought about renting or subleasing extra office space? Whether you might be a prospective owner or renter, today’s show has great wisdom about how that extra office space can be put to good use in serving other clinicians and your community. Elena Clemente has a practice in North Tampa. She has learned many lessons through renting out parts of her four-person office suite. In today’s show, Elena shares how she found this office space and what kinds of contracts she uses with colleagues who are interested in leasing the space. She’ll also share lessons learned along the way, specifically about features of the office and managing busy schedules. If you’ve thought about sharing office space in this way, then this podcast might be helpful for you. A Special Thank You to Today's Sponsor: To check out the brand new FREE 4 Part Masterclass offered for therapists by ZynnyMe, go to sellingthecouch.com/zynnyme www.sellingthecouch.com/session230  

Real estate has been around for a long time. Just when you think all avenues have been explored, someone around the corner comes along with a brand-new idea. Subleasing and short-term rentals are nothing new, but how you make it happen can make a big difference. Co-owner of Pillow and Coffee, Rebecca Slivka, tells the […]

We review the advantages and dis-advantages of sub-lease arrangements with short term stay operators - why and when you may want to do it, what to look out for, and how to plan for the future.

J Martin – Founder and Host of SF Bay Summit Real Estate Networking and Founder/Owner/Operator of JTM Real Estate Group, talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. J Martin talks about building a location-independent lifestyle, primarily using a portfolio of short-term rentals. J also discusses how he is able to travel year-round and operate his business, why he doesn’t use HOAs, how he manages communication, and how he funds his ventures. Post-Interview Analysis Key Lessons Learned: Systems are the things that make businesses successful. Ask yourself how you would run your business if you were out of the area. How did they acquire their knowledge or what knowledge did they need to acquire? He used BiggerPockets.com, networking, books, and meetups. How much money did it take to get started? $12,500 is what it took J Martin to get started. Subleasing requires a deposit and for furnishing, he spends about $7,000 for a one-bedroom, including the fee for people to do it. How much time does it take now? He spends 3-4 hours a week. Could they do this strategy from anywhere in the world? Yes, he can and he does. What you’ll learn about in this episode J Martin talks about traveling 100% of the year.  What was J Martin’s a-ha moment about getting into real estate?  What was the first piece of real estate that J Martin bought?  What were the numbers involved in J Martin’s first real estate venture?   When did he get involved in short-term rentals?  If you believe you can, you are right. If you believe you can’t, you are right.  J talks about giving up a portion of his cash flow to pay back a loan to his partner.   How many units is he subletting?   Over ⅓ of hotel and AirBNB stays are over 30 days.  J Martin stays away from HOAs.  What are the typical sizes of his real estate purchases?   How does J Martin go about furnishing?   What does it cost on average per room?   How does he manage the communication?  Look carefully at your lease terms.  How did J Martin find his VAs?  What are some places J Martin has enjoyed traveling to?     Are there any places J Martin would not go back to?  How much time is he required to spend on this?  When he was getting started with short-term rentals, what are the things he had to learn that made him successful?  Help Us Out! Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found here (https://www.roadtofamilyfreedom.com/review/) . Thank you so much! We really appreciate it! Recommended Books Work the System (https://amzn.to/2RfxbBV) by Sam Carpenter At Home in the World (https://amzn.to/33HmYRo) by Tsh Oxenreider Resources Mentioned OnlineJobsPH.com (https://www.onlinejobs.ph/) SFBaySummit 2020 (https://www.biggerpockets.com/forums/521/topics/749405-5th-sf-bay-summit-feb-8-and-9-2020-join-the-reunion) Connect with Guest: Website: RealEstateNomad.com (https://www.realestatenomad.com/) Facebook: J Martin (https://www.facebook.com/jthomas.martin.1) Instagram: Real.Estate.Nomad (https://www.instagram.com/real.estate.nomad/) *FTC Disclosure: This post may contain affiliate links. If you make a purchase after clicking on the links, Road to Family Freedom will get a small commission. We are dedicated to finding the coolest products for families looking to building financial freedom through real estate and we never recommend anything that we don’t love.

In this episode, we interview Reuben Torenberg, a commercial real estate broker who specializes in helping startups, technology companies, and venture capital firms find office space in the San Francisco Bay Area and beyond. You can read this episode here: https://montecarlorei.com/what-do-startups-look-for-when-leasing-an-office/ What do startups look for when leasing an office? Every startup is in rapid growth mode. At the very beginning you don't know exactly what your projections are 12 months out, even six months out. So you are looking for a space to do a few things: 1. Attract talent. 2. Manage growth. You don't want to get an office that's too big and be hemorrhaging money. 3. Staying flexible. It's very hard both in San Francisco and throughout the world to find space that will let you stay flexible as you continue to grow larger, as landlords are looking for three to five year terms. You have to be creative in how you're able to position your client to stay short term. One of the things you can do is actually get into subleasing. A lot of companies that are growing too quickly or shrinking faster and they'd hope need to offload space for 12 months, 18 months, which tend to be very, very attractive situations for our clients. Who would be responsible for subleasing that space? The tenant or the landlord? The tenant is responsible. They become a sub landlord in that instance, and they put the space in the sublease market, usually at a premium here in San Francisco because it is so attractive to startups. And then once they managed that whole leasing process, they need to get the landlord's consent where they present the sublease to the landlord and the landlord has 30 days to say, yes we would like this new tenant, or no. Another huge thing for startups is being near public transit. Attracting talent in San Francisco has become extremely difficult. They're now looking to the East Bay. There's also a lot of talent down in the South Bay with Stanford, with Berkeley in the East Bay. Being near Caltrain and being near Bart is a huge plus, and rents are much higher near those areas. So startups try and find something in between. Subleasing is one option. What are some other things that they look for when leasing an office? It all ties into the big main question: will this place help us attract talent? Once you get past that, it goes into a lot of the comfort stuff, so a big one is how many meeting rooms are in this space. A lot of times startups like to be in wide open environment to maximize the amount of people you can fit in, and to endorse collaboration, to have everyone talking, hanging out, help the culture. But everyone at some point needs to enclose themselves in a room to have a private conversation. The question is, are there enough meeting rooms for us to fit? This is frequently a pain point. We have a metric actually for it, and it will vary between companies, but we say that startups should have at least one meeting room for every 7 - 10 employees. So if you have 50 employees, you should get at least five meeting rooms. Another one is size. Can we fit all of our employees for the duration of the term? If this is a three year lease, but we're going to be blowing out of it in a year, do we need to take on more space? Are there enough restrooms? Reuben Torenberg: reuben.torenberg@cbre.com Linkedin: https://www.linkedin.com/in/reuben-torenberg-b985b646/ Twitter: rtorenberg021 Instagram: rtorenberg021 --- Support this podcast: https://anchor.fm/best-commercial-retail-real-estate-investing-advice-ever/support

In this episode, Marc answers questions about Parcel Taxes, subleases and non-contingent offers for real estate property.

Sign up for weekly reminders about upcoming guest interviews, here: InformationManagers.ca/pmn-podcasts For full show notes, along with webinar slides and resources register here: https://InformationManagers.ca/Jeff Do you need to right-size your clinic space? Are you frustrated because your clinic location didn’t turn out to be as good as you expected? Or maybe you couldn’t recruit those extra physicians or healthcare providers that you had planned? In this Practice Management Nugget Webinar for Your Healthcare Practice, Jeff Grandfield of The Lease Coach will discuss what healthcare business owners should know about sub-leasing. Has your circumstances changed? You might be dealing with changes to your business plan, for example your location isn't as ideal as you had planned changes in your business ownership revenue forecasts not as good as expected and your business space needs to work harder for you now considering sub-leasing your space for just a few days a week or long term It's not as scary as you think! It's time to right-size Jeff Grandfield will explain options that you can use to right-size your clinic space. Jeff Grandfield knows how healthcare providers and business owners can make the best of sub-leasing solutions. Jeff Grandfield, The Lease Coach, is my guest expert on Practice Management Nuggets Webinars for Your Healthcare Practice. Sign up for weekly reminders about upcoming guest interviews, here: InformationManagers.ca/pmn-podcasts

Jason Hartman talks with James Guzman, founder of San Miguel de Allende Vacation, about some of the tools he's using to run his vacation rentals, as well as tips for convincing landlords that they should allow you, the renter, to use their residence as a short term rental. They also delve into how to recoup money tenants owe you, and how to truly have a successful short term rental business. Key Takeaways: [1:32] Some of James' favorite technologies & tools to aid him in his STRs [6:46] Is James comfortable self-managing remotely? [10:35] The complaint process on AirBnB for recouping money tenants owe you for damages/checking out late/extra people staying [12:54] James' advice on how to have a successful STR business [15:36] How James handles his landlord when he rents out the place as a STR Website: www.SanMigueldeAllendeVacation.com www.BorderlessPodcast.com

In this episode I spoke to Borja Rodriguez, the founder of Vacation Marbella. After quitting his job in finance he decided to try his hand at the vacation rental business. He started by sub-leasing a few properties on Airbnb, Booking.com and VRBO and in less than three years later he has grown a full fledged business manage over 70 properties with 16 employees. To get a full idea of his operation you can watch the Marbella episode of Sense of Place where you can see his whole operation. If you want to try out Airbnb and as host or traveler please use my link to get $40 off your first trip. The sponsor for this show is My Retirement Rehab. Click here and get a complete education in retirement in the new economy   Show Notes: -  Sense of Place Episode 6 - Marbella - First Who, Then What (5:30) - Borja’s background (8:36) - His business strategy (9:40) - How he built it into a stable, scalable business (11:40) - His hiring practices (13:25) - Is it hard to be an entrepreneur in Spain? (16:00) - Options for financing a vacation rental business (19:20) - Is the vacation rental market becoming too competitive? (28:40) - How to drive traffic to your vacation rental website (34:20) - Which websites are the best to use to get bookings (36:30) - Which management softwares to use. (38:00) - Meet the guest or self check in? (46:30) - How becoming an entrepreneur has improved his life. (49:00) - Some other good locations. (51:15) - Recommendations to get started in Vacation Rentals. (52:30) - Borja’s recommendations to aspiring entrepreneurs (54:00) Links from the Podcast: Matt Landau Heather Bayer David Angotti Wheelhouse Yourwelcome

Special Guest Charles Hawkins gives us all the ins and outs on how to convince a landlord to allow you to sublease and Airbnb out their unit. He's been doing this successfully for a while and it's all in how you ask. So check it out. Learn. and LIVE, LET, THRIVE! Hollar at Steve and Myka! www.liveletthrive.com liveletthrive@gmail.com 469-530-0239 (KEEP THE QUESTIONS COMING!) IG: @liveletthrive FB: https://www.facebook.com/LiveLetThrive/ Join our Fan Group: https://www.facebook.com/groups/18642... Rent Steve's Dallas Condo! Mention LLT and get 15% off! https://www.airbnb.com/rooms/44686852?check_in=2020-09-22&check_out=2020-09-23&s=67&unique_share_id=d71c9932-5a34-4b59-a3d8-51cfe3287157 cell: 817-566-4777 (send me a shout!) Myka's Info: FB: https://www.facebook.com/myka.a.artis IG: @sharebednbreakfast IG: @mykaartis Airbnb listings: sharebnblistings.com littlerockairbnb.com jacksonville-airbnb.com Myka's Consulting: Clarity.fm/sharebnb Mahogany Fitt's info: www.facebook.com/Mahoganyfitt/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Special Guest Charles Hawkins gives us all the ins and outs on how to convince a landlord to allow you to sublease and Airbnb out their unit. He's been doing this successfully for a while and it's all in how you ask. So check it out. Learn. and LIVE, LET, THRIVE! SIGN UP TO AIRBNB THROUGH OUR LINK AND GET A FREE CONSULTATION WITH GUYS! https://www.airbnb.com/host/homes?irgwc=1&irclid=Wc80AGzqIRLIyBSSs7RWl0YkUkjUgCT%3AIzsyxM0&ircid=4560&c=Live%20Let%20Thrive&sharedid=&af=126295512 CREATE AN AWESOME GUESTBOOK WITH A HOSTFULLY ACCOUNT FREE! www.hostfully.com discount code: LIVE LET THRIVE www.liveletthrive.com liveletthrive@gmail.com 469-300-9100 (CALL US!) Myka and Mahogony's listings: https://www.airbnb.com/rooms/19116898#host-profile Steve's Listing; (art house hurst) https://www.airbnb.com/rooms/20895053?wl_source=list&wl_id=240140803&role=wishlist_owner&adults=1&children=0&infants=0

Somnath Sikdar is a 6th Dan Black Belt and the Owner of The Dragon Gym, which is a small chain of martial arts schools in Southeast Pennsylvania. The business Somnath now owns is where he began his martial arts career as a six year old. He holds degrees Science and Electrical Engineering, with minors in Systems Science and Economics from the University of Pennsylvania, which proves you can have brains and brawn. Today we discuss: Parkinson’s Law and why exercise comes first Business thinking behind setting up a second location Initial exposure to the mastermind process What’s a perfect business look like Working on the business builds clarity The importance of knowing your ideal customer Masterminding Why Your business has got to run without you In Top Form podcast Your mind has an infinite ability to take in information You can’t put an old head on young shoulders Exercise must come first Your health must come first, it must be a priority, so you can be the best version of yourself, not just for you, but also for your family, business and team. Somnath was able to obtain degrees from university, while at the same time maintaining his high level of martial arts expertise. Parkinson’s Law – Work expands so as to fill the time available for it’s completion. Successful people always keep themselves busy and that’s exactly what Somnath did. Many of his university friends had so much free time; they never got around to studying. Business thinking behind expanding his business When a business becomes mature it also becomes saturated; meaning there’s nowhere else for it to go. You can try and fit more it, but it’s not viable. Everyone has ambition and a desire for more money, but at a much deeper level Somnath left engineering and got more into martial arts because he was driven by the idea of having impact, significance, and influence on other people’s lives. He felt he was benefiting society by having a second (and third) location. This gave him greater reach. Using the mastermind process to learn more about business His initial exposure into masterminding was not about learning more about martial arts, it was learning what it really means to be a better business owner, a better marketer, and how to run a business effectively. Masterminding taught him that if he wanted a successful business he needed to get himself off the mat. What’s a perfect business look like? When Somnath decided to open a second location he asked himself some very smart questions. If we had the ability to build a gym from scratch – what would it look like, in all ways? What is the layout? What colours will we use? What’s the décor and what will the program offering be? What mistakes have we made in the past and how can we eliminate these? His original location was 10000 square feet and it had seven different programs, (adults, children, kettle bell, etc), however his new location is only 2000 square feet and has just one program (children’s program), therefore only requiring two staff, and more importantly it runs without the owners being there. By getting off the mat it gave Somnath time to work on the business – therefore clarity to focus on how good the next location can be and by learning and perfecting the second location, the original location is now being modified. Subleasing to a synergistic businesses If you have spare space at your current location sublease it to a business that compliments what you’re doing, not only does it generate revenue, it can add value to your business. Dragon Gym subleases to a Physiotherapist; because members get injured, and by having a Physiotherapist onsite it gets members back training faster. Why did you specialise your second location? At the original Dragon Gym location Somnath had 7 programs and by looking at the numbers he identified 60% of their income came from their children’s program, therefore it made sense to focus the new location on this one program. This is why you need to know who your best customer is, your Avatar. With their kids program it could be broken down even further into niches: 3-4, 5-6, 7-9, 10-13 year olds. By separating them they can easily serve their individual needs better. (Awesome tip) Mastermind – The Discovery Group The mastermind group is about teaching other martial arts gym owners how to be profitable and not just being busy. We get into business because it’s something we love and we want to make money, but at what cost? That’s the important question. Your business has got to run without you, otherwise you just have a job and the only difference is you’re working for yourself. The power of the mastermind process Other business people can see what you cannot; this is the power of connecting with a mastermind group. It’s easy to look at someone else’s business and see what they’re doing wrong and visa versa. Also, when you look at someone else’s business it helps you reflect on your own business afterwards. In Top Form Facebook Page and Podcast Somnath Sikdar teams up with Dave Frees & Alex Frees to produce a weekly podcast, about science, strategies, tactics, and truth to achieve a better life, more profitable business and robust health. There’s a lot of value in learning from other professions and industries. Of course there’s value within your own industry, however they look at the problems the same way (Group think) Exposing yourself to things outside of your comfort zone will cause a fight or flight response, but this creates mental growth. Every time you reread a book you’ll learn something new. The interesting part is the book has not changed; it’s you that has changed. This applies to podcasts, meetings with people etc. As you grow, so does your ability to take in information. Episode 2 with Dave Frees The mind has an infinite capacity to learn. When Somnath was 18 he thought he was awesome and couldn’t be any better at martial arts. Then each year, as he got better and better he realised the more he learnt the less he actually knew. This applies to all areas of life and business. The longer you stay in a profession, the better you get. Your business today will look completely different in 12-months time and if it’s the same you have real problems. Your business cannot outgrow your own personal growth. You can’t put an old head on young shoulders We want to convey our knowledge to younger people, and you’d think technology would makes things easier, but you can’t pass on wisdom. Monday Morning Tip Whether it’s getting a coach, a mentor or joining a mastermind group, it’s important to find and associate with people that are more advanced than you in some way. It’s important to actively nurture those relationships. Many people are waiting for the teacher to find them, but you have to find the teacher and if someone is teaching you, you should be teaching someone else. You need to find your student as this creates balance. Podcast Review If you're enjoying this podcast series please gives it a review on iTunes or in your favourite podcast platform. Also if you want to download a chapter from my new book, It's No Secret There's Money in Small Business please visit my website www.tysonfranklin.com  Check out Dragon Gym and connect with Somnath Sikdar  We also make mention of Dave Frees event 3 Days To Success.   

The guys talk about "instant booking," Myka takes a 90 day challange. The benefits of multi-family-bnb. Subleasing for success. And Steve lands his first booking! All this and much more, so LIVE, LET, THRIVE!!! SIGN UP TO AIRBNB THROUGH OUR LINK AND GET A FREE CONSULTATION WITH GUYS! https://www.airbnb.com/host/homes?irgwc=1&irclid=Wc80AGzqIRLIyBSSs7RWl0YkUkjUgCT%3AIzsyxM0&ircid=4560&c=Live%20Let%20Thrive&sharedid=&af=126295512 CREATE AN AWESOME GUESTBOOK WITH A HOSTFULLY ACCOUNT FREE! www.hostfully.com discount code: LIVE LET THRIVE www.liveletthrive.com liveletthrive@gmail.com 469-300-9100 (leave us a voicemail!) Myka's Listings: https://www.facebook.com/ArtisVacationsLLC/ Steve's Airbnb (Art House Hurst) https://www.airbnb.com/rooms/20895053?s=51

The guys talk about "instant booking," Myka takes a 90 day challange. The benefits of multi-family-bnb. Subleasing for success. And Steve lands his first booking! All this and much more, so LIVE, LET, THRIVE!!! Hollar at Steve and Myka! www.liveletthrive.com liveletthrive@gmail.com 469-530-0239 (KEEP THE QUESTIONS COMING!) IG: @liveletthrive FB: https://www.facebook.com/LiveLetThrive/ Join our Fan Group: https://www.facebook.com/groups/18642... Rent Steve's Dallas Condo! Mention LLT and get 15% off! https://www.airbnb.com/rooms/44686852?check_in=2020-09-22&check_out=2020-09-23&s=67&unique_share_id=d71c9932-5a34-4b59-a3d8-51cfe3287157 cell: 817-566-4777 (send me a shout!) Myka's Info: FB: https://www.facebook.com/myka.a.artis IG: @sharebednbreakfast IG: @mykaartis Airbnb listings: sharebnblistings.com littlerockairbnb.com jacksonville-airbnb.com Myka's Consulting: Clarity.fm/sharebnb Mahogany Fitt's info: www.facebook.com/Mahoganyfitt/ Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we talk about lending out your Superhost Status. Getting started by Subleasing. How to Maximize your Airbnb to its upmost potential. Using your laundry room to make extra money and so much more! Hit us up at LiveLetThrive@gmail.com and LiveLetThrive.com ... Keep at it and remember to LIVE LET THRIVE! SIGN UP TO AIRBNB THROUGH OUR LINK AND GET A FREE CONSULTATION WITH GUYS! https://www.airbnb.com/host/homes?irgwc=1&irclid=Wc80AGzqIRLIyBSSs7RWl0YkUkjUgCT%3AIzsyxM0&ircid=4560&c=Live%20Let%20Thrive&sharedid=&af=126295512 CREATE AN AWESOME GUESTBOOK WITH A HOSTFULLY ACCOUNT FREE! www.hostfully.com discount code: LIVE LET THRIVE www.liveletthrive.com liveletthrive@gmail.com 469-300-9100 (leave us a voicemail!) Myka's Listings: https://www.facebook.com/ArtisVacationsLLC/ Steve's Airbnb (Art House Hurst) https://www.airbnb.com/rooms/20895053?s=51

This week we talk about lending out your Superhost Status. Getting started by Subleasing. How to Maximize your Airbnb to its upmost potential. Using your laundry room to make extra money and so much more! Hit us up at LiveLetThrive@gmail.com and LiveLetThrive.com ... Keep at it and remember to LIVE LET THRIVE! Hollar at Steve and Myka! www.liveletthrive.com liveletthrive@gmail.com 469-530-0239 (KEEP THE QUESTIONS COMING!) IG: @liveletthrive FB: https://www.facebook.com/LiveLetThrive/ Join our Fan Group: https://www.facebook.com/groups/18642... Rent Steve's Dallas Condo! Mention LLT and get 15% off! https://www.airbnb.com/rooms/44686852?check_in=2020-09-22&check_out=2020-09-23&s=67&unique_share_id=d71c9932-5a34-4b59-a3d8-51cfe3287157 cell: 817-566-4777 (send me a shout!) Myka's Info: FB: https://www.facebook.com/myka.a.artis IG: @sharebednbreakfast IG: @mykaartis Airbnb listings: sharebnblistings.com littlerockairbnb.com jacksonville-airbnb.com Myka's Consulting: Clarity.fm/sharebnb Mahogany Fitt's info: www.facebook.com/Mahoganyfitt/ Learn more about your ad choices. Visit megaphone.fm/adchoices