We feel blessed to have a successful virtual tour business, that does a LOT of vacation rental photography We frequently hear people tell us that we are so lucky or that they are jealous of the life we live but many decisions go into our success. Here are 7 of the decisions that were critical in getting us where we are today:
We chose to downsize our stuff so we could supersize our lifestyle. We live in a tiny house with a tiny payment and very little overhead. We have just one car. Because we have chosen to travel, we don’t need a bunch of stuff or a big house. Because we don’t have a bunch of stuff, we are free to travel.
We live entirely on cash and have chosen not to utilize credit cards. This sometimes affects where we are able to travel or the timing of certain purchases but it gives us a sense of certainty in knowing that we haven’t gone into debt to start or run our business. It also means we have to carefully watch our balance sheet to make sure we are keeping the pipeline of future virtual tour business full.
We decided that one shared income was enough since it meant that we get to work together every single day. There are times we would love to have at least one steady paycheck but this is the risk we chose in being self employed running a virtual tour company. The rewards greatly outweigh the risks.
We decided that we would focus our time on what we do best. For us that is two main lines of business – healthcare and education and Vacation rentals and hospitality. By having a crystal clear focus, we can streamline our efforts and create an impressive portfolio in those distinct lines.
We dedicated our virtual tour business to serving others and we give back a portion of every dollar we make. We think “luck” has very little to do with our success so we honor the giver of the gifts through donated tours and charitable contributions.
We decided that we would price our virtual tours in a manner that made the accessible to almost any business. We believe so highly in the value of the 360 interactive virtual tour and have seen what it can do for a business. We would rather have many smaller jobs than try to gouge a few people. We believe that by offering a high quality product at a fair value, everyone wins.
We decided that having the right partner changes everything and we are so grateful that we chose RTV, Inc. virtual tour software company for our virtual tour technology. They are constantly evolving and refining their systems so we don’t have to spend any of our time, money or efforts on researching and development. We have a back office that makes us look even better than we are and we are eternally grateful for the support of the RTV team.
These are Seven Decisions that have helped determine our personal success. What are the decisions you have made that have gotten you to where you are today? What decisions could you make that could change where you are tomorrow? I’ll be blogging about the other decisions over this week but for now, it’s business time and I need to get back on the phones.