October 08, 2024

#101: Elevating Your Entrepreneurial Game with Stephanie Figueros

Join me as I chat with the incredible Stephanie Figueros, who’s made the inspiring leap from a traditional 9-to-5 in the medical field to becoming a short-term rental powerhouse! Stephanie has built a multi-market Airbnb empire, and she’s here to share her journey, the lessons learned, and her winning strategies.

The Ups and Downs of Remote Property Management:

• Stephanie keeps it real as she talks about the highs and lows of managing properties from afar.
• You’ll hear firsthand about the importance of rolling with the punches when unexpected challenges come your way.

The Power of Systems and Processes:

• Get the scoop on why a well-oiled system is a game-changer for any rental business.
• Stephanie breaks down how streamlined processes can not only simplify your day-to-day but also boost your bottom line.

Leadership with Vision and Purpose:

• Stephanie’s approach to leadership is all about intention and clarity.
• Tune in to learn how to develop a strong vision for your business and share it in a way that inspires others.

Mindset and Entrepreneurship:

• Stephanie dives into the importance of cultivating an entrepreneurial mindset and how it’s helped her thrive.
• She shares powerful strategies to help you embrace your inner entrepreneur and squash any self-doubt.

Actionable Takeaways:

Whether you’re just getting started with short-term rentals or are a seasoned pro, you won’t want to miss this episode:

• Practical tips to fuel your real estate and entrepreneurial success.
• Inspiring stories that will leave you fired up and ready to elevate your business game!

Get ready to be inspired! Stephanie Figueros is dishing out pure gold on what it takes to succeed in the short-term rental market—and beyond. Grab your notebook because this episode is loaded with insights that will help you step up your entrepreneurial journey!

Highlights and Key Points:

[02:10] A short introduction about our guest Stephanie Figueros

[02:54] Stephanie’s transition from being a registered nurse to real estate journey in STR

[05:01] Stephanie shares about her first short-term rental and how she found its market

[06:23] An overview of Stephanie’s current portfolio

[07:29] How Stephanie conducts her annual property visits and the importance of maintaining relationships with her cleaning team

[11:20] Stephanie shares her journey of expanding her short-term rental portfolio

[13:12] Stephanie highlights the most challenging aspect of managing properties remotely across different market

[15:05] Stephanie’s strategies for building connections in different markets to find a reliable team

[17:17] How Stephanie developed her systems and the tools she uses in her daily operations

[21:11] Stephanie’s journey in building a virtual assistant agency

[24:02] Key leadership gaps and the importance of ongoing training and treating team members as individuals

[26:16] The importance of empowering of Virtual Assistants (VAs) in a business setting

[31:04] How Nursing shaped Stephanie’s leadership skills

[33:19] Stephanie shares how she effectively balances multiple ventures

[38:16] The lightning round

Golden Nuggets

• “Systems and processes are one of the best ways that we can make our teams work as efficiently as possible.”
• “I feel like a lot of people just aren’t as organized. And the more organized we make ourselves, the more we can breathe.”
• “Imperfect action is more important than no action at all. But I would honestly wish I was way more organized from the get go and just really understood business first.”

CONNECT WITH OUR GUEST

Follow Stephanie Figueros on:

Instagram: https://www.instagram.com/stephaniefigueros/?hl=en

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