Jasper Ribbers - Get Paid For Your Pad: How to Maximize Profit From Your Airbnb Listing
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How to Maximize Profit From Your Airbnb Listing
Jasper Ribbers & Huzefa Kapadia
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How to Maximize Profit From Your Airbnb Listing
2014 Jasper Ribbers and Huzefa Kapadia.
All rights reserved. No portion of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopy, recording, scanning, or otherexcept for brief quotations in critical reviews or articles, without the prior written permission of the publisher.
Published in San Francisco, California by Lifestyle Entrepreneurs Press. Lifestyle Entrepreneurs Press is a trademark of Lifestyle Entrepreneurs Academy Inc.
This book is presented solely for educational and entertainment purposes. The author and publisher are not offering it as legal, accounting, or other professional services advice. While best efforts have been used in preparing this book, the author and publisher make no representations or warranties of any kind and assume no liabilities of any kind with respect to the accuracy or completeness of the contents and specifically disclaim any implied warranties of merchantability or fitness of use for a particular purpose.
Neither the author nor the publisher shall be held liable or responsible to any person or entity with respect to any loss or incidental or consequential damages caused, or alleged to have been caused, directly or indirectly, by the information or programs contained herein. No warranty may be created or extended by sales representatives or written sales materials. Every company is different and the advice and strategies contained herein may not be suitable for your situation.
You should seek the services of a competent professional before establishing a short-stay rental business. Any advice that is provided in this book is based on the experience of the authors and does not reflect the opinion of Airbnb. The authors have no relationship with Airbnb and do not get financially compensated by Airbnb. All opinions expressed in this book are solely the opinions of the authors.
Get involved today and take your Airbnb listing to the next level, visit:
www.AirbnbAcademy.com
Cover Design by: Alan Hebel & Ian Koviak www.BookDesigners.com
Interior Design by:
Stacey Grainger
staceyderome@yahoo.com
I was done. Frustrated and fed up, disgruntled and exhausted, I knew that I had to leave my trading firm. For six long years I toiled away as an arbitrage trader: buying and selling stocks, futures, and currencies at a cutthroat pace. I had endured long hours, stressful work environments, and incessant verbal slings and arrows as I rapidly bought and sold goods to rein in profits for my firm.
Were the financial incentives impressive? Certainly. I was able to purchase a lovely two bedroom apartment in Amsterdam with one years bonus check. But was the grind worth the reward? Did it make sense to be held financially captive to a laborious workweek and an unfulfilling profession? One day, those very questions suddenly had a clear and resounding answer: no and no. I had to leave. Right now. I could no longer sit idly by as months and years of my life slipped into oblivion. What good is a pile of money if the bulk of your life is confined to grueling tasks in a stale workplace? So in 2010, I marched into my bosss office, set down my ID badge, and tendered my resignation. And that my friends, was my glorious birth cry into ultimate freedom.
I loved my time at university. I enjoyed my classes and relished each and every opportunity to engorge my mind with delectable bits of knowledge. I was especially enamored with economics. As I delved deeper and deeper into the subject matter, I recognized that it was a breeze to understand and moreover, utterly fascinating. I couldnt get enough of the material, and began reading well ahead of my educational level.
In the spring of 2004, I graduated with a masters degree in Econometrics. I was 26 years old, completely broke, and eager to begin a new life as a financial trader. After receiving an offer at one of the top trading firms in the Netherlands, I was absolutely ecstatic. I would no longer have to worry about money and my life was to be henceforth filled with champagne brunches, steak dinners, and glamorous trips across Europe and Asia. I couldnt wait for the cash to start flowing and my new life to begin.
What is wrong with you, you stupid pig!! I told you about 10 times what to do, and you still blew the trade! You are a complete moron. Sit down, shut up, and dont do anything else until I give you further instructions. Idiot!!
I had never been yelled at so cruelly in my life, but my fellow traders assured me that such treatment was par for the course. I had always been the top of my class, the brightest of the brightest, yet suddenly I was being referred to as a stupid pig. The traders would beat me down mercilessly every time I fumbled a trade or miscalculated a profit. The high-pressure trading environment was something I had never encountered before, and while it was wildly exciting, it was extraordinarily intimidating. Large sums of money were on the line everyday, and people were constantly being berated for minor mistakes. I saw countless traders in tears every week, some eventually succumbing to the frustration and walking out the doors for good.
But I was resolute to stay the course. I wasnt going to give up, not unless they physically forced me through those doors. I absorbed the countless insults, shrugged off the unpleasant work environment, and endured the difficult lifestyle with a smile on my face. And lo and behold, after three long years, things started to get better. I got reasonably comfortable at the office, and trading started feeling more natural as well. My mistakes were infrequent, my financial success was increasing, and my demeanor was calm and stable.
Now, its not as though trading became fun; it simply became bearable. The money, however, was a great deal of fun. It provided me with the freedom and flexibility to party at all of the best nightclubs, eat at the nicest restaurants, and travel the world at my leisure. Life was pretty awesome, and I wanted to take advantage of every pleasure available.
But in 2009, after working for nearly five years as a trader, something had shifted internally. I felt empty. Sure, I was being compensated well and my life was full of exciting trips, but my day to day was still a drag. I was bored and unhappy at the office, and I couldnt wait to get home. It just seemed like a perverse way to live life. So after a bit of contemplation, I shared my internal unrest with my boss. I explained that I wanted a change, but I didnt know precisely what to do. He thought about it for a few days and came back with an offer. How about you take a position with our Chicago office? he asked. I was intrigued. Although my day to day would remain relatively unchanged, it would give me an excellent chance to explore the U.S. So after I mulled over the opportunity for a few days, I accepted the offer and moved to Chicago.
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