JULY 30, 2024
#91: Balance, Brilliance, and Booming Business: Learn How Shae Duffy Masters It All
Get ready to be inspired as we dive into the incredible journey of Shae Duffy, a powerhouse real estate entrepreneur who’s juggling motherhood, multiple businesses, and a thriving short-term rental empire. In this episode, we’re unveiling the secrets behind her success and how she’s mastered the art of strategic partnerships and innovative thinking to dominate the Airbnb world.
Here’s the scoop on how Shae does it all:
- Leverages her partner’s support to supercharge their real estate ventures and create an unstoppable Airbnb portfolio.
- Implements smart strategies to balance family, work, and personal well-being, proving that you can have it all.
- Stays ahead of market trends to consistently meet buyer demands and maximize her short-term rental profits.
- Achieved the amazing feat of selling out an entire subdivision of vacation rentals, showcasing her prowess in the Airbnb market.
Shae’s story is a testament to resilience, adaptability, and the power of collaboration. Whether you’re just starting as an Airbnb host or you’re a seasoned investor, this episode is packed with actionable insights to elevate your short-term rental game while living a fulfilling personal life.
Tune in, and let Shae’s journey inspire you to take your Airbnb business to the next level!
Highlights and Key Points:
[04:26] A short introduction about our guest Shae Duffy
[06:05] How Shae got into into real estate and the short term rental world
[08:32] Shae’s mindset and approach to overcoming the challenges of cold calling and door knocking in sales
[12:21] Moving out of their primary home into a shop house as their first step to short-term rentals
[15:46] Shae’s journey in strategically merging two separate businesses with her husband
[18:41] The strategies and dynamics of balancing both a business partnership and a family life
[22:43] Shae shares about her son being involved in the business and developing an entrepreneurial mindset from a very young age
[26:29] Shae’s insights about the future trends and factors influencing successful short-term rentals
[31:33] How Shae overcame the challenges and successfully sold a subdivision of vacation rental properties
[35:28] Balancing multiple responsibilities with self-care and the benefits of fitness for stress relief and personal growth
[39:20] The importance and benefits of partnerships in starting and scaling ventures in short term rentals and real estate investing
[42:07] The lightning round
Golden Nuggets
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“I have learned over time that there are certain things that I will wait to share from an ideation perspective with my spouse, because he’s going to ask me a bunch of questions. And if I don’t have the answers to the questions yet, then it’s not the right time to present it.”
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As far as how we balance business being in business together, it is helpful for us to have skill sets that overlap so that we can substitute for each other. But we also are able to identify each other’s strengths and weaknesses.”
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“On top of beautiful interior design, which I think most of the people in the industry are aware of, that’s really crucial. I think unique builds are important to places where the house, the home itself is the destination.”
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“I would say don’t be afraid of partnerships, you still have to be smart about them, and everybody manages each other’s expectations and roles. But you know, if you don’t have a lot of money, or you don’t have a lot of time, and usually it’s one or the other than align yourself with somebody that makes up for that. And it’s just so much easier to scale. And to just have a mastermind situation if you do partnership.”
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“I think just not being hard on yourself if you fail at something and when I reflect on all the things we’ve done over the years, some of our biggest aha moments and some of the doors that have opened that we never thought would open happened because we failed.”
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“Understanding the power of your mind, and, and learning how to utilize your mind in the best way possible, so that it works for you. In a very active and intentional way, I think it is one of the greatest skills that I have ever learned personally.”
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“The idea of what you focus on expands, I feel like our minds are so powerful. And that’s part of why they say the power of prayer, it’s setting your mind to something and believing it and speaking it into existence.”
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