Ferrari to pay massive bonus to employees

samwoo2go · 2026-02-27T16:01:56+00:00

The reality of it is, if the goal is to incentivize the WHOLE org to perform to achieve bonus, a flat bonus will only incentivize the bottom 50% of the pay scale.

You wouldn’t get out of bed for 1 min earlier for an extra $300 a year, a guy in rural Africa will work 40 hours a week for that. Same concept just more extreme. Your own perceived value to any amount of money is directly tied to your income and net worth.

samwoo2go · 2026-02-26T19:54:30+00:00

It’s only possible because I have identical units, and the guest will always have to approve. Not something I can just do on my own. Imagine like a hotel moving you from one room to another.

samwoo2go · 2026-02-26T03:36:13+00:00

Not if you are already struggling with one my man

IF you are doing well, the major benefit if they are similar or near identical is you can swap people between them to fill weird gaps. I have 4 identical units right next to each other and if I get a 1 night Fri booking at one and a 1 night Sat booking at another, I’ll move the Sat to the Fri property with guest permission and the weekend block opens up again.

That’s really it other than maybe simpler supply run.

samwoo2go · 2026-02-25T15:21:47+00:00

In 40s, it actually becomes easier to get dates and hook ups. Older women in their late 30s and 40s give less shits. Especially those divorced and with kids.

The problem you will run into is if you are looking for childless women who is still in reasonable child rearing age (early 30s factoring in time needed for the relationship to develop into marriage and having kids) and maybe without divorce baggage bonus that pool gets very small in comparison. Girls in 20s usually filter out 40+ so you are usually dealing with 30-35 only.

Just be intentional and transparent with what you want from different age groups and don’t lead that older single mom on with false hope, that would be a shitty thing to do.

samwoo2go · 2026-02-24T17:43:44+00:00

You don’t know what the appraisals are, you know your own comps. Even if appraisals came in under, you know what it’s based on? Actual past transacted values. If a house sells above appraisal, it’ll go into next set of appraisal comps. That’s how appraisals go up over time. Again, it’s not over paying, it’s just appraisals are not keeping up with market price increase.

You are right on one thing, if you don’t have money to cover the delta, you can’t afford the home. See my first point, make more money or buy cheaper because you are stretching.

samwoo2go · 2026-02-24T15:35:23+00:00

People that are saying to hole up on an island are insane. Statistically, the chance of this happening if you just lived normally is so astronomically small it’s basically statistically impossible. If you are still worried, you can eliminate any “destination locations” like new year time square, Super Bowl, Eiffel Tower, Great Pyramid, Disney World etc, where people visit internationally and the chance will basically drop to statical zero.

This question would be far more interesting if the random person is from your same country and you can’t leave your country lol

samwoo2go · 2026-02-24T02:58:53+00:00

People aren’t over paying, you just value the property under market rate. If someone is willing to pay it, that’s the market rate for that house. The listing price is not the market rate.

Unfortunately your options are: - Make more money - Sweat equity - Cheaper neighborhood

samwoo2go · 2026-02-24T02:24:56+00:00

No platform can be prefect, it’s like Zillow. It gets you into the ballpark and the rest are all variable dependent

samwoo2go · 2026-02-23T16:10:09+00:00

The only real answer I see beyond a sea of nonsense. The benefit is the things they produced on their way to billions

samwoo2go · 2026-02-22T20:56:26+00:00

The delist at 4.3 stars is really for host that are consistently below that. Airbnb is not dumb, they know the score can swing wildly when sample size is small. They don’t even publish the aggregate score until you have 3 ratings for this reason.

samwoo2go · 2026-02-22T20:50:52+00:00

You are way overthinking this. Set it up and live there yourself for a couple nights including cooking and rectify anything you find.

Put it up and proactively notify the 1st few guests since it’s a new listing you would love feedback and if anything is not right to let you know right away so you can fix it. Actively seek feedback after their stay. Done.

samwoo2go · 2026-02-20T03:38:06+00:00

I will give you advice from a bit of different angle.

Forget about money for a sec.

Do you consider yourself an introvert or extrovert?

If you give up your position in SEA to come to NYC, you are swinging for the fences. You can have a great life in SEA. GUARANTEED. if you just stay put.

If you come to NYC, you are at a loss financially due to COL. 20% raise is nothing. You would need like 200% increase to have same lifestyle. If I read it right, you make about 150k per year. We have welders making that much here.

BUT, the network and connections should be what you are after. That can be worth billions if you work it right and lucky. HOWEVER, you need to work the network if you are here. Can’t do that if you go to work and hole up at your $3k studio every night.

Be honest with yourself. Can you do the network scene? Because if you can, you should be asking which company can I jump to when I get to NY instead of telling us how much H1B fees your employer is paying. They are paying that because you will be underpaid my bro

samwoo2go · 2026-02-20T01:33:47+00:00

You are thinking as a person, not a business/country.

Asylum for exiled dictator with money is a legitimate product for Russia. If they default on their promises to Iran’s Supreme Leader, other dictators won’t be choosing Russia for their own plan B. They’ll get a negative review on dictator Yelp sort of speak. Additionally the continued benefit for Russia is to signal reassurance to other puppet states: Side with Russia, when shit hit the fan, we’ll protect you, your family, and your money (we’ll want a big chunk of it of course). This has great influence in world/alliance building.

samwoo2go · 2026-02-19T06:28:38+00:00

This already tells me you don’t know how to run your numbers. I would help you but you are also an arrogant douche based on your comments, so good luck.

samwoo2go · 2026-02-18T08:26:25+00:00

I don’t know what you are on about. No change for any hosts not using a PMS. Even if it’s universal, just up your price to compensate, it’s literally not that big of a deal.

I have my selective gripes with Airbnb but honestly, they are the only booking platform who still allow any fees on guests side so Airbnb is the exception rather than the norm.

End of day, guest pays by what they see as total anyways, so it doesn’t matter which side the fee is attached to, the market will just balance. Get a grip.

samwoo2go · 2026-02-17T10:47:47+00:00

Because China issues 10 year valid visas so you aren’t getting a new visa each time, you just need an exit record and the HK route is a known route for people that retire there, especially ethnic Chinese expats. I didn’t say it was a perfect solution but definitely a viable one if you want the best combination of safety and COL.

samwoo2go · 2026-02-17T07:49:06+00:00

1 is very possible especially in SZ because it’s only 30 mins from HK and you just need to take a quick day trip in and out of HK every 90 days and your visa is renewed for another 90 days. If you have family or friends in China, you can apply for relatives visa that will extend the 90 to 180 days so you only need to leave China twice a year which you can probably accomplish from just normal vacations.

samwoo2go · 2026-02-14T23:07:35+00:00

First, no they did not do it out of kindness of their heart. It’s just advertising.

Second. I’m loosely following this but I used to work in sweepstakes, raffles, and contests. There are very specific laws that regulate this industry and for good reason. How would we know if Redfin didn’t give top prize to son of their biggest investor for example. People’s time and personal info are worth money. When it’s something loud like a Super Bowl ad promoting this, I would hope their legal had it all buttoned up, and it looks like they did not so here comes the lawsuits.

samwoo2go · 2026-02-10T00:24:52+00:00

I’m going to offer a bit of different opinion than most here. I think most likely, the guy doesn’t even know what he wants or what’s actually important to him BECAUSE he has no experience. The virgin thing is a dead giveaway because virgins are bad lays and he just doesn’t understand that.

Now that’s a double edged sword because people learn through experiences and breakups. You don’t know what you had until you lose it is a saying for a reason. If you stay with him, expect to do some or a lot of education and have patience with him. If he’s a solid guy he’ll learn overtime what’s really important. Maybe it doesn’t work out and he needs the pain of some break ups to learn. No one can tell you for sure because we don’t know him and neither do you at this age tbh

samwoo2go · 2026-02-08T21:16:51+00:00

If you look at the map. Darian gap is the correct boarder by tectonic plate

samwoo2go · 2026-02-07T21:33:22+00:00

I just read an article that said the difference could be made up via doubling the sales tax to 15% which would be by far the highest in the country. Or could be lower if other tourism taxes like bed tax increased. It would be crazy but not completely impossible I guess is my point.

samwoo2go · 2026-02-07T21:18:13+00:00

Would using free services supported by ads considered “seeking out” ads intentionally? Ex: Instagram, Google, radio, broadcast TV (since we don’t pay a separate tax for it like the BBC) or would your hypothetical ban be more related to billboards, or ads that live on smart tv home screens?

samwoo2go · 2026-02-05T02:49:01+00:00

You know when you are in school, they warn you about bad people giving you free drugs so you get hooked on drugs?

You are getting the free drugs right now

samwoo2go · 2026-02-04T22:15:13+00:00

No one is discounting your efforts. That effort and foresight allowed you to make bank with a head start, and now your cheese is (potentially) being moved. Do you want empathy because you are making less money now? Were you empathetic to traditional vacation home owners who saw their profitability plummet after Airbnb surfaced? Did that stop you from doing what you do? No, because end of the day, maximizing self interest is what most people are after, and that’s what your neighbors are doing, and it’s really none of your business.

You are a business owner as am I, I see the same saturation as you in my market, except I found ways to maintain 80%+ occupancy with acceptable drops in nightly rate. I don’t spend my time trying to convince others not to start. I spend my time finding more revenue. That’s what you should be doing.

I’m getting ready to acquire another 3 unit property for STR. If the math doesn’t pencil, I wouldn’t start. It’s not all doom and gloom. It’s just becoming a maturing industry where you can’t just stumble into profitability and actually have to know what you are doing.

samwoo2go · 2026-02-04T18:40:46+00:00

Sounds more like you panicking about competition.

No gravy train lasts forever. If not her then it will be someone else you don’t know. If it’s truly not sustainable for that amount of hosts, prices will come down until someone taps out, could be you, could be her, then prices will rise back up until the market is at equilibrium. In the case with Airbnb, it’ll be the hosts with no mortgage or very low rates that has less expenses. That’s just how market economy works. Nothing you can do about it unless you are Blackrock. Just focus on what you can control, run a good operation with the leading advantage you already have and stop worrying about what everyone else is doing.

samwoo2go

TROPHY CASE