Listen "EP131: Making My First Million with Airbnb, Daanish Azim | AirBNB Investor"
Episode Synopsis
In this episode of the Millionaire's Choice Show, host Tony Bradshaw interviews Daanish Azim, an Airbnb expert and entrepreneur. Daanish shares his journey from starting as a young entrepreneur to discovering the lucrative model of Airbnb arbitrage. He explains how this model allows individuals to generate cash flow without the need for significant upfront capital. The conversation delves into the importance of financial planning, market research, and leveraging credit for investments. Daanish also discusses his coaching program, which has helped many students successfully enter the Airbnb market. The episode emphasizes the significance of education and strategic planning in building wealth through real estate.TAKEAWAYSDaanish started his entrepreneurial journey at 18, focusing on cash flow.Daanish discovered Airbnb arbitrage as a low-risk investment model.Understanding market research is crucial for pricing properties effectively.Using credit cards for initial investments can minimize personal capital risk.He scaled to 20 properties, generating significant monthly revenue.Long-term financial planning is essential for sustainable wealth.Daanish emphasizes the importance of education in entrepreneurship.SOUND BITES"I realized that I had bigger goals and dreams.""Education is key in entrepreneurship.""I help people go from step A to Z in Airbnb."CHAPTERS00:00 Introduction to Airbnb and Entrepreneurship02:00 Daanish's Entrepreneurial Journey06:29 Understanding Airbnb Arbitrage10:04 Pros and Cons of Airbnb Arbitrage12:23 Managing Cash Flow and Investments16:00 Getting Started with Airbnb Arbitrage20:09 Lessons Learned from First Deals24:00 Scaling the Airbnb Business27:55 Future Goals and Legacy Planning31:50 Coaching and Mentorship in Airbnb ArbitrageIs money slipping through your fingers? Are you missing your opportunity to become a millionaire? Welcome to The Millionaire Choice. Where we talk to millionaires and future millionaires about how to build wealth and what to do with it once you have it. We’re here to help you do two things, make your millionaire choice and create your own millionaire plan.Here’s your host Tony Bradshaw. He made his choice and created his millionaire plan at age 25. Now it’s your turn. Have you ever wondered why the school system never taught you how important gold and silver are to your financial freedom? Well… let me tell you why.Because the more you learn about and understand money, the more freedom you have. Gold and silver—they’ve been real money and real wealth for over 3,000 years.Go to GetMoneySmart.co. You’ll find some of the top books on money and wealth, financial videos, and how to join the Get Money Smart Club and 7K Metals. That’s a wrap for this episode of The Millionaire Choice Podcast. If you like the show, please review and subscribe! And remember, if you want to be good with money, you need to study money. You need to get money smart, and give your money a purpose. Enjoy life. Help others. Serve God. For resources, tools, and community to help you with your millionaire journey, make sure you visit tonybradshaw.com.Review, Subscribe & Share The Millionaire Choice Podcast – Help Everyone Get Money Smart! 🧠 Get Money Smart – Join the Community:facebook.com/groups/getmoneysmart 📈 Transform Your Life, Money & Business with Higher Peak Coaching:tonybradshaw.com 💰 Ditch Paper. Go for Gold. Real Money. Real Wealth. higherpeakmoney.com
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