Скачать или смотреть How to scale to 7000 properties with Steve Milo from VTrips

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So you’ve made the decision to grow your business – congratulations! Now get ready for the next challenge: how to scale your business for maximum growth. Even if you manage to acquire more property, and fill all your rooms, you’ll soon have another problem: you have to deliver an exceptional experience to all those new guests. By focusing on scaling rather than merely “improving your company’s profitability”, you can generate greater revenue without ramping up costs or diminishing the guest experience along the way. If you want to scale your business into a profitable entity that continues to grow with or without your fingerprints all over every department, you’ll need to complete the transition from employee to owner. But that’s easier said than done.

📋 Chapters!

00:00 How to Scale a Business Sustainably For Lasting Growth with VTrips CEO Steve Milo/Scaling in Difficult Markets.
00:44 Intro and background to Milo and VTrips.
02:02 What was the strategy behind VTrip's growth to 7000 properties?
03:27 How to build up credibility with banks?
04:07 How do you create a scaling plan?
06:35 What is the difference between Growing the Business vs. Scaling the Business?
07:13 What has been Vtrip's competitive advantage?
11:54 Should you go with private equity or venture capitalists or hedge funds?
14:38 How to build a culture of profitability.
15:21 How to run a profitable company during a recession.
17:53 When is it time to scale?
19:02 Who to bring into the team for effective scaling?
21:54 What are the important questions to ask yourself before you start scaling?
25:26 What are the main fundamentals you need to be able to scale your business?
29:32 What property management system do you need when you want to scale?
31:14 What staff does one need at 50, 500, or 5000 properties?
35:08 How to maximize profits in 2023, especially with continuing inflation.
37:38 What should you consider when you want to exit?
38:20 How much profit do you need to be making to sell well?


Show Links

  / stevemilo  
https://vtrips.com/
#VTrips #howtoscale #bookdirect
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