Insider Passive Residual Income THEULTIMATEPASSIVERESIDUAL INCOME TM JUNE2019 The
FROM THE DESK OF
Bill Moist
MILLENNIALS DRVING RV SUCCESS
“Whenwemake progress and get better at something, it is inherentlymotivating. In order for people tomake progress, they have to get feedback and information on how they’re doing.” –Daniel H. Pink Every business owner knows that providing feedback to their employees is an essential part of their operations, and every one of them reading this article most likely holds annual or semiannual performance reviews to talk about employee performance. But are these reviews really substantive discussions that provide teammembers with actionable information so they can grow and develop, or are they just formalities in which you run through a list of standard questions andmetrics? Are they the only real discussions based on feedback that teammembers receive? Regardless of your answers to these questions, the fact of the matter is that is most business owners andmanagers could do a much better job providing regular, relevant critique to their staff. A Foundation IQ survey askedmore than 30,000 employees to respond to the statement“I know whether my performance is where it should be.”Only 29 percent answered,“always,”14 percent said, “frequently,”21 percent said,“occasionally,”15 percent said,“rarely,”and 21 percent said,“never.”That adds up tomore than half of the workforce not knowing if they’re doing a good jobmost of the time. It’s up to business owners and leadership teams to correct these alarming numbers. If your feedback is deficient, follow these tips for better methods of reinforcing positive behaviors and reversing negative ones. FEEDBACK THAT FEEDS EMPLOYEE GROWTH H ow to P rovide G uidance and P raise in a W ay T hat R esonates
“Turns out millennials are not ruining everything,” –Allison Moist
Introduction – Now the iconic symbol of middle- class success, recreational vehicles, is gaining ground with a new audience: millennials. Not only are they traveling in them but they are also renting them through AirBnb. RV sales growth – The Recreational Vehicle Association reported 2018 was the second best year for RV shipments at 483,672. Shipments were only off 4.1 percent from 2017’s record-setting year of 504,600 units. More than a million American households have started camping each year since 2014. And 38 percent of the 75 million active camper households are millennials. Manufacturers have taken notice in the demographic shift and are designing RVs with those in their 20s and 30s in mind. Airstream (above photo) saw its fifth consecutive year of growth with sales increasing 218 percent. The company offers a midsize trailer weighing 3,400 pounds, called the Nest, that targets millennials. Prices start at only $45,900. In summary – What does this mean for us? Noticing this trend is further confirmation of our focus to buy and build RV resorts and storage.
FEEDBACK SHOULD BE CONSTANT
The first thing you can do to improve your feedback system is tomake it an ever-present initiative. If you let an employee make a mistake without correcting it, youmay think you’re giving them the
–Bill Moist
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benefit of the doubt. But what happens if they make the same mistake again, or a third time? Suddenly, a small but correctable problem is driving coworkers and management up the wall. What could’ve been remedied quickly and without fuss is now a serious issue. Scheduled, formal reviews must be supplemented with regular feedback. If an employee has project-based work, it’s helpful to debrief at the completion of each project to discuss what went well and what could be improved upon. These sessions can be held in groups or in one-on-one environments. What matters is that you don’t wait until a specific date on the calendar to discuss issues or celebrate good work.
Consider these two brief statements:
but you have to be tactful and empathetic about it.
“Bernice, you are a scheduling rock star.”
Let’s say you have an employee who brings up relevant issues but does so in a way that tends to leave people feeling upset. You should not take the employee to task for their personality, but instead, point out the results of their“pedal to the metal”style. Giving them tools to be more delicate will make themmore effective, which is what they’re after in the first place. If somebody’s attitude is so noxious (or their performance is so inadequate) that you can’t think of anything constructive to say, perhaps you need to consider having a different conversation with them. However, in the vast majority of cases, honest, measured feedback will help an employee improve and make them feel more secure in their role. Whether it’s positive or negative, employees want to know how they’re doing. It’s up to you to start telling them. AND IT SHOULD LEAD TO IMPROVEMENT
“Bernice, we really appreciate the way you schedule things with an eye toward both patient satisfaction and a work schedule that allows us to perform efficiently. The fact that you balance both is amazing and makes our lives somuch easier.” Not only is the second statement going to make Bernice feel better, but it also lets her know just what she is doing that makes her valuable. You can bet that reinforcing this specific behavior will enable it to continue. Feedback, first and foremost, is about the work. It should never stoop to petty snipes at somebody who rubs you the wrong way. Now, that’s not to say you can’t critique the way an employee presented something or suggest a different communication style with their coworkers. You should discuss these topics, BUT IT SHOULD NEVER BE PERSONAL
IT SHOULD BE DETAILED
It’s always nice to hear,“Good work,”but it’s not super helpful. Sure, it’s an affirmation of effort and dedication, and it’s decidedly better than nothing, but it also doesn’t tell an employee very much. Instead, point out exactly how the employee excelled.
It’s All Green to Me THE BEST GREEN FOODS TO ADD TO THE MENU
EDAMAME Looking for a fillingmid-afternoon snack? Skip the potato chips and help yourself to some edamame. These Japanese soybeans are a familiar sight on sushi menus, but they’re also readily available in the freezer section of your local grocery store. Edamame is delicious and a great source of protein, making it the perfect snack. WATERCRESS Step aside, kale; here’s the real queen of green. Withmore calcium thanmilk, more iron than spinach, andmore vitamin C than an orange, watercress is one of the best greens you’re not eating. With all of these extra vitamins, watercress has been shown to improve heart health, bone health, and even act as an antidepressant. Next time you need a pick-me-up, consider a watercress salad. Your whole body will thank you! Bad childhood encounters with canned spinach or steamed Brussels sprouts are why many people avoid green veggies. But the produce section is full of tasty, healthy options waiting to appear on your dinner plate and improve your well-being.
You need to eat more green foods.
No, this doesn’t mean green Skittles. Green vegetables comprise one of the most important food groups, andmost people aren’t eating enough of them. But if you do decide to get more nutrients fromgreen veggies, remember that not all greens are created equal. Dark leafy spinach is basically a superfood, offering protein, iron, vitamin A, and tons of minerals. Meanwhile, iceberg lettuce or celery may fill your stomach up, but they offer little to no nutritional value.
Next time you’re at the grocery store, keep an eye out for these top-rated green vegetables that are both delicious and nutritious.
AVOCADO They’re tasty, they’re trendy, and they’re great for your eyes. Avocados are a great source of an antioxidant called lutein, which improves eye health. They’re also rich in vitamin E. Researchers have recently noted that people who get most of their vitamin E from their diet tend to have a lower risk for Alzheimer’s disease. It’s all the more reason to enjoy that avocado toast!
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Why Seniors Are Flocking to Home-Sharing Platforms
AN OPPORTUNITY FOR EASY MONEY AND SOCIAL ENGAGEMENT
Take a Break! But home-sharing can domore than boost your income. By opening a room in your home to travelers, you’ll encounter all kinds of people youmight never otherwise meet, prompting dynamic social interactions andmeaningful connections. The rating systems on Airbnb and similar platforms almost entirely prevent would-be troublemakers from entering your property, and users report that when a rare negative experience does occur, the company typically has your back. It’s a great way to stay socially engaged while staving off loneliness. Home-sharing platforms can be a tremendous boon to a tight retirement budget. It’s an especially attractive option to elderly folks who find themselves rich in assets but struggling with liquid finances. Home-sharing allows them to tap into these resources. According to Priceonomics, U.S. Airbnb hosts bring in a monthly average of $924. The freedomof retirement certainly comes with its perks, but challenges of post-work living exist as well. Chief among them, for most elderly folks, are fears of social isolation and financial insolvency, as having coworkers and a regular income are not as common in retirement. Perhaps this is why somany retirees are flocking to home-sharing platforms like Airbnb or its seniors-only cousin, The Freebird Club. Airbnb reported last year that the 60-plus age bracket is its fastest-growing demographic worldwide, with the number of senior hosts as much as doubling every year.
Best of all, running a modestly successful Airbnb usually doesn’t take much work. It simply requires you to set up a neat, welcoming space, keep in contact with your guests, and ensure the check-in and check-out processes are as straightforward as possible. In fact, senior hosts seem to have a legup on their younger counterparts, as elderly hosts earn the most consistently positive ratings across the globe. Airbnb andThe Freebird Club won’t make you rich, but they’re relatively low effort enterprises that come with some massive benefits. If you’re looking for a little busywork, some extra cash, and a little social interaction in your retirement, hostingmay be your best bet!
Inspired by Food & Wine magazine
Zucchini Salad
WITH TOASTED HAZELNUTS
With raw zucchini, toasted hazelnuts, and a robust Parmigiano-Reggiano, this early summer salad is a delight of different textures and flavors that will make a great side at your next cookout.
Ingredients
• • • • •
3 small zucchini (3/4 lb.) 1/2 tsp lemon zest, grated 3 tbsp fresh lemon juice 3 tbsp extra-virgin olive oil Salt and pepper, to taste
•
1/4 cup toasted hazelnuts, coarsely chopped Mint leaves, for garnish Parmesan cheese, preferably Parmigiano-Reggiano, for garnish
• •
Directions
1. Using a mandolin or very sharp knife, slice zucchini lengthwise into extremely thin, wide ribbons. 2. Arrange zucchini ribbons on a plate, sprinkle with lemon zest, and drizzle with juice. 3. Drizzle oil over zucchini, season with salt and pepper, and toss. 4. Scatter hazelnuts over the top, garnish with mint and cheese, and serve.
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Professional Equities, Inc. BILLMOIST'S
THE ULTIMATE PASSIVE RESIDUAL INCOME TM
PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
401 N. Carroll Avenue Ste. 166 Southlake, TX 76092
Self-StorageInsider.com (817) 657-4080
INSIDE THIS ISSUE From the Desk of Bill PAGE 1 Is Your Feedback Just Static? PAGE 1 Are All Green Foods the Same? PAGE 2 Why Seniors Are Flocking to Home-Sharing Platforms PAGE 3 Take a Break PAGE 3 Zucchini SaladWith Toasted Hazelnuts PAGE 3 Exploring the River of No Return PAGE 4
The Unspoiled Beauty of Central Idaho JOURNEY DOWN A RIVER OF NO RETURN
There’s more to Idaho than potatoes. Sitting square in the center of the Gem State is one of the largest contiguous areas of protected wilderness in the U.S. While the Frank Church-River of No ReturnWilderness Area may not roll off the tongue as easy as Yellowstone or Yosemite, this 2 million-acre swath of mountains, gorges, and alpine lakes offers something for outdoor enthusiasts of all stripes.
RIVER OF NOWHAT, NOW?
area, most of which are only accessible by jet boat, light aircraft, or good old-fashioned hiking. Some, like the Middle Fork Lodge, offer five-star accommodations, located conveniently close to one of the area’s many natural hot springs. Those with the right permits will find the rivers and lakes full of fishing opportunities, and the surrounding pine forests are teeming with game.
The name of the wilderness may sound a little ominous at first —who wants to travel down a river of no return?—but in truth, it’s a title from times gone by when canoes and small watercraft could travel down the Middle Fork of the Salmon River swiftly but couldn’t fight the current going back up. Today, those same rapids make the Middle Fork a wildly popular whitewater rafting destination, with plenty of local and out-of-state enthusiasts making a return journey every summer.
LODGES? I JUSTWANT TO GET AWAY FROM IT ALL.
For those looking for a truly unplugged experience, backpacking to the many campsites scattered throughout the region can be an incredible journey. If you spend a night beside the crystal-clear waters of Langer Lake, hundreds of miles away from any light pollution, you’ll find peace, quiet, and a sky bursting with stars. If you’ve ever wanted to experience a truly untamed part of the United States, Idaho is the hidden gem you’ve been looking for.
RAFTING ISN’T FOR ME.WHAT ELSEYOU GOT?
If crashing down 300 Class III rapids isn’t your speed, The Frank Church Wilderness has plenty of other ways to enjoy the wildmountain country. There are several lodges that were grandfathered in to the wilderness
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