🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
After managing 400+ units and helping STR hosts in 17 countries achieve $800+ monthly net income per bedroom, I'm sharing my best strategies - free.

Every Monday and Thursday, you'll get:
✓ One actionable STR automation strategy
✓ Data-driven market insights that matter
✓ Implementation frameworks that work
✓ Real case studies from our 20,000+ community

No fluff. No theory. Just proven systems from my living room "office" (fueled by Celsius and Chick-fil-A).

These are the exact insights that help our community achieve:
• 30%+ profit margins
• 80% automated guest communication
• 5+ hours saved weekly

👉 Join 20,000+ successful STR hosts at https://newsletter.cashflowdiary.com/welcome

Now, let's dive into today's episode...

After starting and selling two successful businesses in the United States, Andrew left the country to travel the world and become a true nomad capitalist. While he always had an independent, entrepreneurial streak, he had followed the conventional wisdom of the time in a few ways that ended up costing him. He had invested a sizable portion of his money in mutual funds and real estate. When the stock market crashed in 2008, much of his savings disappeared and sensing the risks of the looming mortgage loan crisis, he managed to get out just in time and avoided losing even more money.

On top of this, he had also just taken a huge loss in taxes after selling the businesses. The feeling of losing the fruits of his labor to something out of his control was quite devastating. It was extremely depressing to realize that while crony capitalists were succeeding at manipulating government policy, job creators running small businesses like him were essentially getting the shaft.

While Andrew knew something was wrong with the system that he was willfully participating in, and he no longer wanted to play casino with his money, he still wasn’t sure of a solution. After having to call a business client while in Asia, it hit him that he no longer needed to be tied to one location to make money, and that each location offers different advantages to optimizing your business and lifestyle.

Podcast Highlights

• Who is Andrew Henderson?

Andrew’s story begins in his childhood. He learned his five magic words “Go where you’re treated best.” from his father by accident. He started thinking about this idea when he was 12 years old, and has been working on that idea for the last 22 years and it’s emphasized by his company, Nomad Capitalist.

• Nomad Capitalist Investing

We are conditioned from childhood that the United States is the best country in the world, but it’s rarely the best in any category and that counts investing. We have a tendency to take small things in other countries and blow them up and minimize problems we see in our own country.

Everyone has the tendency to believe they live in the best place, but how can we all live in the best place?

You can live in California and invest in Georgia or anywhere else. Starting small by opening a bank account in another country is a good start. You’ll realize that there are opportunities all over the world.

Do what you need to feel comfortable with travel and the rest of the world. Start making observations about investing and business opportunities while you travel, establish your objectives for your business and start thinking about which place would serve them best.

Hire someone to work backwards based off your objectives. Working with Nomad Capitalist is a great option. You can’t just want to run away from something, you should be running towards something.

It’s not a matter of knowing every option when it comes to all the countries of the world. Banking in Georgia works similarly to banking in the United States. The notion that everywhere else is different is incorrect, we are all pretty similar overall and institutions function similarly as well.

• Real Estate Investing

Property investing in the United States can be a viable way to start a cash flow business overseas. Look for the best place to invest for you but consider diversifying your holdings into other countries as well.

It’s a lot easier to start with wealth or cash flow behind you, but it is possible to start a business with a small amount of money by living in an inexpensive country and extending your runway. Bootstrapping isn’t for everyone, but it is an option. Tax optimizing a business makes the most sense once you’ve gotten started and are generating revenue already.

Cryptocurrencies have a place in your investment portfolio just like any other diversification.

• Internet Entrepreneurs

The current state of the economy in the US is almost forcing people into entrepreneurship. A lot more people are starting internet businesses and the world is becoming more open.

There is a wide range of people that are exploring opportunities all across the world from young internet entrepreneurs who realize that California is a terrible place to start a business, and business owners that have established themselves and see the increased opportunities elsewhere.

Start with your objectives and then work backwards to find out what’s needed, don’t open a foreign bank account or set up an offshore company for no reason because that is when you get into trouble.

• Andrew’s Takeaway

You have to be fully comfortable with the process. Book a plane ticket and see the world. Where you go is not as important as the process of doing it. Go with your gut and find a place that you think you can be comfortable with. The first step is to move yourself.

Links:

nomadcapitalist.com

Thank you for listening! If you enjoyed this podcast, please subscribe to the show on iTunes!

🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?

Dear Future Top Performer,

Are you tired of working harder instead of smarter in your STR business? Here's a wake-up call: The most successful hosts aren't grinding 24/7 – they're leveraging a proven formula that transforms average properties into profit powerhouses.

Let me share something game-changing with you...

There's a simple yet powerful equation that's revolutionizing the STR industry:
L × C × F × M = GP

This isn't just another fancy acronym – it's the exact blueprint top performers use to:
• Generate consistent leads without burning out
• Convert browsers into eager bookers
• Maximize guest frequency (hello, repeat customers!)
• Amplify their margins while others race to the bottom

Right now, you're probably leaving thousands on the table. The truth? 80% of your potential profits are locked behind just 20% of the right actions.

Ready to stop bleeding money and start leading the pack?

Join our newsletter today and get weekly insights that will help you:
✓ Master the Growth Formula
✓ Optimize your listing for maximum visibility
✓ Create an irresistible guest experience
✓ Scale your business the smart way

Don't let another day pass watching others succeed while you're stuck in the grind.

👉 Click here to join the newsletter and start your journey to the top 10%!