Mark Simpson warns Airbnb hosts not to rely solely on the platform. Build direct booking channels and diversify revenue streams to survive platform shutdowns or systemic shifts that go beyond surface-level changes.
Chapters
Diversify. Don't put all your eggs in one basket, you know, maybe have a direct booking channel. And frankly, that was one of the things I wanted to work on more. Thing is, don't build your business on someone else's business, you know, and it's true. Airbnb hosts, you know, we're kind of working for Airbnb in some ways. So there, there, there's a lot of things like that. There's things that you can do to navigate an Airbnb shutdown and this and that and the other thing. But, um, my, my piece of advice or my thing that I want people to take away from this podcast is sometimes there's macro things going on or a meta narrative going on that might have nothing to do with what you see on the surface.