[How to BUILD a startup?] I built an AiRBnB business in GOA using these 6 simple steps | Akshat
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
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This course is specifically designed for working professionals and students.
And it requires a commitment of 2-4 hours per week.
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Over the years, I have built multiple businesses.
In this video, I tell you the steps I followed to build my business and can help you launch yours too.
Additionally, I also talk about my latest venture in the holiday rental business in goa.
Watch the video to know what am I doing next :)
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Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Thumbnail: Ayushman Khare
👉 Join the Real Estate workshop (in person + offline event in Goa in OCTOBER 2024); sign up here
rzp.io/l/AkshatREISOct24
_________________________________
►Grow your business with a .IN domain and start your website
Grab your .IN domain @Rs149/yr and host your site @Rs.69/mo: www.bigrock.in/tld/in-domain
_______________________________________________________
► I teach a 360-degree course on Stock Markets. This covers fundamentals, business, and technical analysis.
This course is specifically designed for working professionals and students.
And it requires a commitment of 2-4 hours per week.
The course comes with a community access through which you can ask any doubts. And attend one live class every month.
Currently, we are offering a 15% discount.
Link to join: wisdomhatch.com/stock-market/
_______________________________________________________
►I talk about specific stocks/investment related topics on exclusive member community. Join here:th-cam.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html
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Is there a portal or website to look up rental property managers? Especially for big cities like Mumbai/ Delhi.
@devvrat.shukla I think he set it up as some sort of AI tool and has now forgot about it completely. Either this or his channel is being co-run by some really smart hacker. Ngl total nuisance tho
Where can i suggest website name akshat?
To be true these airbnb videos are useless. The person who have that much money don’t waste his time watching youtube for financial knowledge/advice . And people with salary around 1.5 lakh per month . They just have money to buy house for himself good education for their children .
Akshat i would like to suggest a name
Stairways to heaven
And if there's palm trees close enough
"Paradise palms"
I have been following Akshat sir for the past 1.5 years. Six months ago, I started my own Airbnb business in a small city called Ratnagiri, The villa is named as Sea Nest and the response has been excellent for that property. It has been like my Minimum Viable Product (MVP). I watched this video and it helped me a lot, and now I have decided to expand my business by adding another property to my portfolio this year .Akshat sir has been a huge influence on me, and I even started learning about investing from his channel. I am grateful for the valuable content that he creates.Fact that i am just 23 years old but the knowledge i got is only beacuse of following Akshat Sir.
did you buy the property or rent it?
@Advait Kitila ghetla villa?
Hi , need to hear how you did it , let me know your number I will call you for a brief chat
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Sir please teach me
Thanks Akshat. Following you from Uganda, East Africa and learning. So much applicable here!
Akshat it is great on your part to be sharing your experience with everyone. Your presentations are good to the point, current and well researched. Thx.
I was making 2+ lac per month from 2017 to 2020 from my 8 airbnbs. Had to close down during covid.
Am looking to kickstart it again soon.
I have been watching him since he was around 89k subs. But the quality and content he provides is worth more than a person having 10m subs. Great Educator ❤
I started watching you only recently and this topic really hit home as my dad is sitting on properties and not even renting one! I have been trying to get him to turn a couple into at least air Bnb but he thinks it’s too much hassle. Sadly none of them is a villa. I being a Dr have neither the time nor the experience in business.Also ironically I had asked him to invest in a villa in Goa in 2010(properties were much more affordable then and I really wanted to live there) But he didn’t. I’m hoping I can make him watch this video and being a businessman it might change his mind. Some great info though
Thank you Akshat! As always you are amazing. Very detailed info for a beginner to start with.
it was 100% worth it since it was not just about airbnb but in general about a startup….GREAT JOB, KEEP IT UP AKSHATJI.
Thanks for all the wisdom you share with us!
Sir, Please continue to share your experiences towards financial freedom. I watch your videos with full interest though my investments are through mutual funds only. Because there are many points which you share are helping overall development of a person. I like your simplicity. I watch only you, parimal ji, pranjal and one desi trade bar. I like and respect all of you 🎉
Great Video! Clearly my video of the year! Thanks Akshat
Hi Akshat, thanks for all the knowledge you shared. On many grounds I’ve found that my thoughts resonate with your perspective. Bravo! Cheers!
Hey Akshat,
Always glad to hear you. I am building a startup around making ESOP liquidity possible in India. I would like you to talk about ESOP as an asset class as I feel its an investment in yourself as you mention always in your videos. The tax implications are really high. I would like to connect with you sometime.
Once again, thank you for the continuous knowledge!
Thr r other startups it seems who r making such shares available, u can search and connect with them to refine ur execution
Superb textual practicals on building business.Thanks for sharing, master!!worthwhile to listen, even if one does not venture into!!
Another wonderful video...thank you Akshat
Wonderful content, Akshat. Thanks.
Much needed Akshat. Thanks a ton 😊😊😊
Hey @akshat , heard somewhere that Warren Buffett was also your student in the advance stock market.
Also, as you can see spacex is not making solid movement in the space program, can you plz launch your biz in space program. I am saying this - bcz you started with some biz case study, then you move to crypto world, then stock market and in between you also get good amount of money from these sponsorship - i think your favourite one was that insurance company promotion. And now this rental ..
I am amazed how one person can continuously fool the audience. ..but to anyone was just want to increase their hold on internet, Mr. Akshay is the best example... Sikho ense😂
Thank you very much
you are a straightforward person with lot of knowledge and ready to share. Good learning and would love to have content .
Best wishes
Really sir, u have immense knowledge of businesses ,as u have been teaching in prestigious institutions aboard.ur flow and fluency indicates that u have acquired ur education abroad.much influenced with ur views and ideas.thank u
Akshat u r great. What knowledge n ease of communicating the same.
Man I really love this battle between these two. 😆😆
Thanks for the amazing insights Akshat, loved it and also taken down notes.
Very nice concepts. Enjoyed the content. Thanks for taking us through your thought process
design thinking class started 😊😊
really helped a lot.. looking forward more such like informative videos.
Always a treat to watch your videos...
Thank you Akshat. Please do more videos on business start up in addition to the existing finance content you post.
One window clearance to operate an Air BNB in Goa.
The fees and the bribes to be paid
Hotel / Tourist Licence : 5000, bribe 10000(Expiry 31 Mar every year)
Trade licence : 10000, bribe 20000. (Expiry 31 Mar every year)
GST inspection : Bribe 12000, Fire Protection Licence : Bribe 7000,
Pollution Control Licence : 1 lakh for 15 years (for apartment when the building has one) bribe 20000.
Over and above the agent fees of 25000 for all these.
Each process takes months and by the time one is complete the other is up for renewal.
Keep working hard. And success will follow you.
I have listening to him from past some time i have just joined him
@Akshat Holiday Rental Business Names::
1) VACASTLE 2) WONDOCASA 3) HOMESTRAY
Will love to hear more about business-related things. Good video
Good information and to the point without any hype
Hi Akshat,
Here are a few names for your villa
Serenity Cove
Ocean Bliss
Palacio Paradise
Seaside Retreat
Sunset Vista
Azure Haven
Sea Breeze Villa
Golden Sands Haven
Coral Cove Villa
Emerald Cove
Yes sir you don't need to entertain those haters or even mention them in video.. You are doing awesome
Hi Akshat! Thanks a lot for all the information, this helps a lot. One suggestion would be is to please add the links that you say would be added to the description as I see that they are usually missing..
Goan elite
Elite Rentals could mean that they are a high-quality rental service that offers superior services compared to other rental businesses.
Good work Akshat, thanks for sharing. Really like the videos in which things are simple, clear, honest ....... Please do keep making more and wish your business does well -> hence we too get good videos :)
ZAYNDEN ZENDEN ZEN DEN whichever is available url
Reason :
1.This includes your sons name and this can be very good memory and a gift to him when he grows up
2.It will carry a beutiful meaning zen relating to peace and even if you choose zayn its beuty and grace and den will specify purpose
3.Catchy and gripping also easy to pronounce
Sup roadmap sir, respect your knowledge amd analysis you've putted to make it so simplified. ❤❤❤❤🙏
Love from Bangalore 😊
1. Ideation stage (3 methods - Brainstorming, Story boarding, Mind Mapping)
2. SWOT Analysis
3. ROI analysis
4. Due Diligence
5. Build Product or MVP (Minimum viable product)
6. Scale your product/service (Product Market Fit, Collect testimonials and thikn about distribution)
Super continuing this kind of topics
Best line " Since I do not have experience, I'll not speak about it " . Loved the video overall , thanks for making such awesome and informative videos . Keep on making such videos . ❤🔥
Chatth by Akshat.
(roof by Akshat)
Rhymes well in Hindi.
Really valuable case study, learnt a lot❤
"I am more of a 0 to 1" guy - best advice @akshat. In a world where they just tell us about doing a job or building a unicorn, your middle way of running a solopreneur business is very attractive. After running a multi-team member business for 8 years, I've realised that not every business needs to go from 1 to N. There's much money to be made in 0 to 1. Also the peace of mind that comes when you don't have to think "scale" all the time. thanks a lot Akshat!
I wanted to work with you.... no skillset just a regular IT guy....but one thing for sure passion n hardwork...
Make sure to summarise your entire discussion in bullet points at the end of the video. This helps in recollection for the viewers. Also, Kudos to you for these wonderful videos.
Thank you for sharing,it was really insightful.
i bought a a 3 bhk 2900 square in donna paula fully furnished with everything in the works. I hired a consultant to run my airbnb and after paying they take their profits, I make 50,000 a month which is not bad and they make the rest profit. got few investment in dubai too. Airbnb makes a killing in goa too. Paid 3 cr for the apartment with gym, pool and private gate security included 9 minutes to the beach
I took physics, chemistry and biology as my subjects in 11th and 12th. I completed by bachelor’s in science and my subjects were biotechnology,chemistry and zoology. I didn’t wanna continue science so i did MBA (2017-2019)after that. I had finance and marketing as my specialization. I was not able to get a job so i started helping my dad in his business. Now i wish to join a job in finance again. What course should i do and from which organization. So that i will be employable. I wish that the couse provides interviews for different companies.
See you got a standard AI generated reply from the author.
You are looking for a job and here you are offered to invest in a business
I would love to watch such business concepts.
Sir just arrange a masterclass on real estate for us. I would like to study more about real estate from you 🙏
I will really like this type of videos related to buisness ❤ plz make more n more ❤️ great wishes from Maharashtra
Hi Akshat, what are such companies called in india who will list on airbnb and manage properties on your behalf?
Akshat have been following your videos for past few months. Appreciate your guidance and efforts to educate and inform people about making investments. This is a nice informative video about building a business. Appreciate your sincere advice. I have observed that you have entered into Leave and License agreement to give permission to another party to enable them to use your villa for holiday home business like listings of properties on Airbnb on the basis of a notarised Leave and License agreement. In order to properly secure your interest as an owner of the Villa property such Leave and License agreement should have been registered in the local sub registrars office and not merely notarised.
😅
GREAT INFO SIR .... THANKSSSS
Amazing information in short amount of time. ROI of my time is outstanding. 😊
Akshat sir please make more videos on Business, I really want to know more about business functionalities
This could be a airbnb promo video
honesty talking these type of videos are beneficial for new bee but not for those people who really want to do startup ye bas gyan de raha hai iski baton me mat aao apna business apni tarah se karo aur use advice lo jo koi business kar rha ho please don't take advice from hime
Thank you so much for sharing a great content
Also watch clarity for youth ... Maja aa jayega ... Same topic ka reply hai
Goa property will yield good returns with foreigners!
"Sukoon Suites" .... 😍😍
A great name that suggests a high-end, luxurious accommodation that also offers a peaceful and relaxing atmosphere, as "sukoon" means "peace" in Hindi. The name is simple, easy to remember, and has a nice ring to it. It could also appeal to travelers who are seeking a comfortable and tranquil stay during their holiday in India. Overall, I think "Sukoon Suites" is a great choice for a holiday rentals business in India.
What is your opinions on tiffin business ??
Thank you so much for clear explanation
Thanks for comment
What' sap me with the number showing above for
guidance,, consultation and investment plan startup.
Amazing inputs! Thank you so much Akshat.
How efficient would it be to reside in goa but own bnb listed properties in lets say lonavala?
Hello Sir, If possible make a detailed video on Minimum Reserve System of RBI...
loved it!
BEST WISHES SIR❤
Good Video Akshat
Thanks Akshat. Is this villa under your / your family's ownership or have you bought this under a hospitality company? Can you also describe what would be the difference in these two scenarios. Thanks again.
Wonderful Akshat, i am following you from sometime now. Great initial level details you provided.
If possible please talk about the taxation and better way to manage them when doing these cash flow businesses because as an individual you will be heavily taxed on profits. So it would be helpful to guide us regarding taxation .
Loved the content ❤
Please make a complete series about 0-1 businesses in detail
Wow great learning experience thanks
Informative video. Many complex things explained in such a simple and Beautiful way.
Side note - Akshat sir please share your Goa villa details. I want to rent it for my next Goa vacation 😊
Serenity Suites: This name emphasizes the idea of relaxation and tranquility, which is often what people are looking for when they book a holiday rental. The word "suites" also implies a sense of luxury and comfort.
7:51 oceanside oasis, waveside lodging, or Sea Shore & Stays
Villa on the Rock's!!🍻
Please continue more about Airbnb business ❤.
Hi Akshat, many of us are still little confused on how to list on Airbnb. It would be awesome if you can make a detailed video with the process and the legal permission required
Hey guys, today I came across a platform where I can read *Top newspaper, world Best magazines, And specially for Students Reading Materials are available like Case Study, Research project, Assignment, project Report even you can publish Your blogs, Article in their platforms*. It provides *5 memberships* at one subscription. I thought it may help you guys as well.
You can reply if you are interested
Hi Akshat. I have a few questions:
1. What is the assumption regarding occupancy, price, etc. based on which your agent has agreed to pay you 75k /60% whichever is higher?
2. Is this 75k post all taxes (GST, etc)?
3. What are the failsafes you have put in place in case the earning is more than 75k, but your agent under-reports when you are not in Goa?
4. What will happen to the agreement if the monthly income is below the amount guaranteed to you by your agent?
5. As a tourist, the society rules seemed like a mood spoiler for me personally, so I won't prefer to stay in such a place. Keeping my view in mind, what is your target audience? Youngster will prefer inns or guesthouses any day as you can bring whoever you want whenever you want, drink however much you want. Families will prefer full-service proper hotels. So who are you catering to?
6. How will you deal with your neighbours? They will not like this for sure and will try their best to make it tough for you. There have been several cases of rowdy tourists creating a scene in societies. I, for one, would not be comfortable with an Airbnb near my house in the same premises.
7. Who bears the cost for maintenance, damage caused by guests, etc?
8. Can your license be revoked? What is the duration of the validity? Under what circumstances can it be revoked?
9. How will you monitor activities in your Airbnb if you are not living in the same city (not in your case obviously, asking generally)?
Visit sango life sutras channel, he's that uncle ji which akshat is talking about
You have raised valid questions but i don't think they will be answered to show a clear picture.
This man would tell if only he had answers. His actual business is TH-cam ad revenue, join button, courses he sells. This house story he has pulled to keep the attention of audience for which actually he is paid, earlier he was narrating crypto Vauld story to get mass attention. He tries to look trustworthy and he is successful. Good salesman.😅
@@vikasdubey1960 nothing will be answered because his audience is dreamer who wishes to dream big, while nobody actually has been in real business to they never ask good questions they believe whatever he says. He is financial Dhruv Rathee with higher CPM 😅
I work for them. There have different seggregation of voilation that leads to listing suspension. In most case they are of temp nature and eeviked within 5 days but the frequency of infractions also matters.
Well your locations matters the most. Renting is a good idea because built up property tends to loose valuation over time.
The occupancy rate is around 50 to 60 percent
Awesome!!
He used to talk only about stocks and claimed that he invested most of his money in that space. Now it looks like he is changing his colour, probably because the current market dynamics, people are not interested much. Young people, be warned that dont take any financial decisions or be influenced by them, you can learn few concepts, with their videos to get some knowledge if you are beginner. Its a complex world, try to build up more knowledge on your own before you take big decisions. You can make small mistakes to understand things better.
Soooooo nice Akshat Ji
Why should we go for a 4% yield when bank FD is giving 5-6% without any headaches, uncle, aunties protest, leave&license going kaput
Tropical Summer Beach.
Blissful Beaches.
Bungalow by the Bay.
Surfer's Beach Homes.
Ocean Eyes.
Akshath pls find the above names for your Goa Holiday Homes....
Been waiting for this topic for long. Please make a series on this !
Thanks 😊
Bhai Akshat, Am in Bangalore, this concept is interesting but how about maintenance and keeping home safe from illegal activities
What is the status of Lakshmi NFT????
Akshat surreal getaways could be a great name for your rental business
Amazing video 🙂
Could you please explain your journey ??
AZA Real Estate and Holiday Rentals.
Akshat is more than smart to identify AZA term here.
Thanks for inspiration