Growing an Airbnb management business can be tough. Without the proper systems in place, scaling up from 5 properties to 10, 10 properties to 20 or 20 properties to 50 can truthfully be a bit of a nightmare. Each step of the way, new problems tend to arise, such as finding the right cleaning team that can support your new growth, or finds a solution to your new, higher volume of guest messages. When we look to the best service businesses around, one thing stands out that clearly sets them apart from the competition: systems. Having the right systems is a game-changer. By and large, systems are what enable businesses to scale effectively. Without systems, a growing business can often turn into a bit of a house of cards, where just a few missteps can lead to a lot of headaches.
Fortunately, there are a number of places for Airbnb managers to look in order to find systems that work. For instance, a lot of what we know to be true about how to provide an excellent guest experience is the knowledge that we’ve learned from the way hotels operate. There are tons of great resources out there to help Airbnb operators find solutions to the nuances and unique challenges that exist in the business. However, when it comes to scaling the business rapidly, developing great sales systems, automating the day-to-day operations, and maintaining the satisfaction of property owners, the road to success can be a little less clear.
Recently, we came across a program called BNB Mastery, whose goal is to pave that road for small to medium sized Airbnb managers who are looking to grow. BNB Mastery Program is taught and created by James Svetec, who himself manages a portfolio of properties in Toronto, Canada. Having grown from managing his very first listing to managing over 40 listings in just shy of 8 months, James knows first hand what it takes to be successful in the industry. James’s area of expertise is helping Airbnb hosts and property managers to scale rapidly and automate their businesses by helping them to implement the right systems.
For a number of years, James played an integral role in scaling a company to reach the Profit 500 list, and he accredits a large part of the company’s success with highly effective systems. In growing his Airbnb management business, James adapted these same systems to fit the new model, and the results speak for themselves.
BNB Mastery is a program that walks through every step in how to scale, automate, and down the road even how to sell a highly profitable property management business. Though it can be completed at whatever pace you desire, it’s designed as a 5-week program that will leave you with everything you need in order to scale. You’ll come out of the course with a clear path to get from where you are now to whatever the next level is for you. Even better, James frequently runs free training programs for those interested in taking their vacation rental businesses to the next level.