A recorded live interview (July 28, 2020) where Mark Simpson interviews Matt Landau about the vacation rental industry. Landau advises young entrepreneurs to pursue vacation rentals, emphasizes that the industry is still nascent despite rapid growth, and urges people to leverage new tools (like Airbnb) rather than complain about them.
Chapters
We've made it final episode, season eight, 44 episodes in ever since the March 17th, we've been doing daily live videos on Facebook and I wanted to end with a bang. And we've got Mr. Matt Landau joining us. He is the founder of VR&B has been somebody that the audience has asked to get on for some time now. If you could go back now to that 21, 22 year old self and if you could sort of give that person that one bit of advice, seeing that all the things that now, all the things that you've learned over the years, you know, everything that you've done since then, achieve since then, if you could go back to that 21 and 22 year old self and just give you that one bit of advice, what, what would that be?
I wasn't aware of this at the time, but I think I fell into really good timing and positioning. But follow the vacation rental path. In the early days, it was just getting started. Now, even despite the fact that it has blown up, it's still at the very, very nascent stages. We have more tools at our disposal right now than any entrepreneur in history. And whenever I see people complaining about these tools, oh, Airbnb did this. Oh, this company did this. It's like, get over yourself. Use those tools to your best advantage. Know what you are getting yourself into.
How do you think Airbnb will look this time in 2021?
The message I've been preaching now for five years at conferences is one of listing site non dependence. I don't use the word independence because we've seen that people actually need to use those listing sites in their marketing portfolio to propel themselves forward. That if you can carry an OTA booking into a repeat guest, all you need to do is begin filling up the calendar and you will have reached something of a sweet spot.