It’s difficult not to get emotionally involved in a business, especially when you have built it, giving it your all. Carter Shares with us different encounters in his Airbnb that made him get less emotionally attached to his business.

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What happens when things go wrong? Is there such a thing as a dangerous customer? Carter recently had some issues with a rental of one of his Airbnb properties when it inadvertently became a crack house. How can you filter your customers and should you? Carter recounts his recent experience. Carter and Mo discuss the lessons to be learnt and how they can be applied to jiu-jitsu schools.

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Carter got to train with Mo’s 7year old son. Mo talks about recent developments with Rollbliss including a new logo and new shorts. Carter has been thinking about the use of creative financing in real estate and how it might be applied to other things like buying a business. Carter and Mo also discuss why it’s important to figure out what the real problem is and why training jiu-jitsu will always be hard.

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After contemplating The Jiu-jitsu of life becoming a movie review show, Mo and Carter talk about how Phil Knight created Nike. We often think that big companies were always destined to become successful, but Phil knight had years of almost failing. Mo and Carter talk about some thoughts and lessons from the book how this can be applied to jiu-jitsu schools.

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It can be very easy to be overly positive when looking at a potential deal. How can you be mindful of worst case scenarios, in business and jiu-jitsu? Carter and Mo talk about stress testing deals, understanding fundamentals and why someone’s actions are more important than what they say.

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Carter and Mo revisit some of the ideas from Episode 39, inspired by the book Acres of Diamonds. Carter has been thinking about focusing on finding opportunities locally both in terms of real estate and deals and building relationships with people. Carter and Mo talk about finding an edge with AirBnb, being consistent and how there are opportunities in every town.

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It’s not who’s best. It’s who’s left. Success can’t happen unless you stick to something and are consistent. Carter and Mo reflect on some of the things that take people away from being consistent and why balance is important in life.

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Carter was recently inspired by watching a video from Peter Thiel. How can a business differentiate it self from other businesses? How can you create a business that has no competition? Carter and Mo discuss networking, finding ways to set your business apart and the origins of Rollbliss.

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Carter is attending a multi family networking event. How essential is networking for success? How do avoid getting sucked into just going to event after event? Carter and Mo talk about how to get the most out of networking events and the benefits of creating your own mentorship group.

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Perfectionism may seem like positive quality but actually it’s a flaw. It can cause you to create unrealistic goals and can actually kill your productivity. Mo has struggled with his perfectionist tendencies. In this episode Carter and Mo discuss the traits of perfectionism and some strategies to overcome them.

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