In this insightful and candid interview with Hostaway CEO, Marcus Räder takes us on an eye-opening journey of what companies really learn as they attempt to grow with investment capital. Marcus joins us today as another member of "The Blondies", and while the three of us together look like members of the Brady Bunch, we dive into some seriously impactful topics that are applicable to any business looking to scale and grow.

Marcus shares how companies can only learn by doing the wrong things. Putting capital where it shouldn't be will only make you learn the lessons faster - you'll hire the wrong people, and put them in the wrong positions. Money can be a catalyst for growth, or for learning - often times, it forces you to make decisions you aren't equipped to make. You will make bad decisions on people that will affect your company culture and performance. It's how quickly you learn from these bad decisions that will determine whether you can turn things around.

He shares the importance of planting seeds on your journey, and talking to everyone you can. Make sure they know that you are on a mission. When you get your "lucky" break, it won't be luck - it will be a Return on Luck, or ROL. You will know this, but others won't. Let them think it's luck - it's a more newsworthy story that way ;)

We also talk about some technical things like the recent Airbnb update, the difference between Hostaway and other PMS's, etc... but the real magic of this episode is the learnings shared by a self-described war time CEO. This episode is a MUST listen!