Transitioning Business Models | Mike Stone
Slick Talk: The Hospitality Podcast
11/01/23
•50m
About
Comments
Featured In
Mike Stone is the Owner and General Counsel of AllSTR Hospitality and in this episode, Mike shares his story and experience as a lawyer who hated his job and wanted out but didn't know how until he discovered short-term rentals through mentorship and industry related masterminds. Many masterminds or industry leaders mentioned in this episode have either been on Slick Talk or work within the Hospitality.FM Podcast Network in some capacity. Tune in to hear the story and vision Mike brings to the industry and specifically within his markets and properties.
This episode is brought to you by our sponsors at:
- Minut – Minut has more than just security features! They monitor noise, movement, and occupancy all within one device and all Slick Talk listeners get 2 months FREE when they sign up with this link!
- Vintory - Scaling your property management company? Vintory is giving Slick Talk listeners a free digital copy of their book "From 0 to 500 Properties In 5 Years" and a $50 Amazon Gift Card for those who sign-up to do a demo!
- Safely.com – The best STR insurance that covers guests, owners, and managers! Making Safely a no brainer!
- Hostfully – Use code SLICKTALK for 3 months free of their digital guidebook or $100 off their property management platform!
——–
Thank you for tuning into our podcast! Slick Talk is a Hospitality.FM production and you can find more of our shows at Hospitality.FM or anywhere else you listen to your podcasts!
Listen to more episodes on our website and take a look at our amazing podcast and network sponsors that make this all possible!
You can also listen to our Monday morning podcast, Good Morning Hospitality, where we dive into the industry as a whole in a more casual setting!
If you ever want to contact us for guest suggestions or anything else related to the podcast, please fill out our contact form and we will be in touch!
Last but not least, we love to connect on LinkedIn! Let’s connect there so you can see the daily content we post beyond the podcast!
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
The Third Slick Talk Monthly Episode Highlight
October 27, 2023
•36m
You have so many podcasts and episodes to choose from every week and so we want to make it easy for you to enjoy Slick Talk: The Hospitality Podcast.
In our Monthly Slick Talk Highlight Episodes, you will hear my producer, Kelsey Tran, and myself share our favorite moments from the months weekly episodes and hear those moments all in this one episode. If you enjoy what you hear, let us know and we will continue to do these episodes! You can contact Kelsey at kelsey@hospitality.fm - plus, if you really like a specific clip, you will be able to go back and listen to the episode in it's entirety, just take a look at the show notes.
Slick Talk Episodes Mentioned in This Episode:
- Avery Carl Episode - Linked Here
- Kevin Reardon Episode - Linked Here
- Lauren Madewell Episode - Linked Here
- Brooke Pfautz Episode - Linked Here
——–
Thank you for tuning into our podcast! Slick Talk is a Hospitality.FM production and you can find more of our shows at Hospitality.FM or anywhere else you listen to your podcasts!
Listen to more episodes on our website and take a look at our amazing podcast and network sponsors that make this all possible!
You can also listen to our Monday morning podcast, Good Morning Hospitality, where we dive into the industry as a whole in a more casual setting!
If you ever want to contact us for guest suggestions or anything else related to the podcast, please fill out our contact form and we will be in touch!
Last but not least, we love to connect on LinkedIn! Let’s connect there so you can see the daily content we post beyond the podcast!
Learn more about your ad choices. Visit megaphone.fm/adchoices
Next Episode
From Retail to Hospitality: Building a New Era of Hotel Ownership | Chris Osaka
November 8, 2023
•47m
The episode explores the concept of customizable hospitality spaces with Chris Osaka, the CEO of Tomu. Chris shares how he transitioned from his experience in retail, fashion, and working with brands like Nike into the world of hospitality. He also elaborates on Tomu's core purpose, which is focused on easing the entry into hotel ownership and enabling uniqueness in hotel construction. Chris explains how Tomu's building system is cost-effective, quick, and sustainable, allowing owners to create hotels that reflect their vision. He highlights some creative ways in which their customers plan to use their systems, ranging from standalone units to part of larger hotel concepts. Chris then concludes the conversation by reflecting on the challenges they faced in explaining to customers the possibilities of their system.
Connect with Chris & Tomu:
@tomu_haus
@chrisosaka
The Tomu team also has a special offer for all listeners interested in buying a Tomu unit! 50% off waitlist reservation deposit using "SLICKTALK50"
Chapters:
00:00 Introduction and Customization in Hospitality
02:23 Interview with Chris Osaka, Founder and CEO of Tomu
02:59 Transition from Retail to Hospitality
03:50 The Concept and Business Model of Tomu
04:16 The Shift in Hospitality and Travel Trends
05:27 The Differences between Retail and Hospitality
06:03 The Pace of Innovation in Hospitality
07:00 The Role of Originality in Entrepreneurship
09:04 The Impact of COVID-19 on Hospitality
10:31 The Evolution of Hospitality Concepts
12:46 The Challenges of Transitioning into Hospitality
14:54 The Role of Entrepreneurship in Hospitality
17:45 The Vision of Tomu and the Future of Hospitality
40:02 The Role of Ancillary Revenue in Hospitality
This episode is brought to you by our sponsors at:
- Minut – Minut has more than just security features! They monitor noise, movement, and occupancy all within one device and all Slick Talk listeners get 2 months FREE when they sign up with this link!
- Vintory - Scaling your property management company? Vintory is giving Slick Talk listeners a free digital copy of their book "From 0 to 500 Properties In 5 Years" and a $50 Amazon Gift Card for those who sign-up to do a demo!
- Safely.com – The best STR insurance that covers guests, owners, and managers! Making Safely a no brainer!
- Hostfully – Use code SLICKTALK for 3 months free of their digital guidebook or $100 off their property management platform!
——–
Thank you for tuning into our podcast! Slick Talk is a Hospitality.FM production and you can find more of our shows at Hospitality.FM or anywhere else you listen to your podcasts!
Listen to more episodes on our website and take a look at our amazing podcast and network sponsors that make this all possible!
You can also listen to our Monday morning podcast, Good Morning Hospitality, where we dive into the industry as a whole in a more casual setting!
If you ever want to contact us for guest suggestions or anything else related to the podcast, please fill out our contact form and we will be in touch!
Last but not least, we love to connect on LinkedIn! Let’s connect there so you can see the daily content we post beyond the podcast!
Learn more about your ad choices. Visit megaphone.fm/adchoices
If you like this episode you’ll love
Promoted