Mike and E dive deep into the inspiring journey of Rashmi Bhat, a dynamic entrepreneur who transformed her career from running a sandwich shop to managing over 120 short-term rental units and multiple hotels. Rashmi shares insights from her leap into the real estate and hospitality industry, discussing pivotal moments, systemizing her business for scalability, and the relentless pursuit of her goals. Rashmi also explains how she leverages technology and virtual assistants to maintain operations efficiently and highlights the importance of social media in today's hospitality market. The episode emphasizes key strategies for entrepreneurs looking to grow their business rapidly without becoming overwhelmed.
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00:00 Introduction and Industry Insights
00:23 Special Guest: Rashmi Bhatt's Journey
01:14 From Restaurants to Real Estate
03:46 Scaling Up: Challenges and Strategies
11:20 The Big Leap: Managing 40 Units
15:25 Entering the Hotel Business
17:33 Building a Strong Team and Tech Stack
21:37 Team Dynamics and Hunger for Growth
22:23 Choosing the Right Tech Stack
23:58 Goals and Future Plans
25:04 Bridging Traditional and Modern Hospitality
27:50 Leveraging Social Media and Tech
30:40 Systemizing and Scaling the Business
36:57 Lessons from the Boardroom
40:20 Final Thoughts and Contact Information
Rashmi Bhat's Bio
Rashmi Bhat opened her first restaurant at 21 and loves the hospitality world. In 2020, Rashmo bought her first STR - rehabbed it, and got in on the market in 2021. She found partners and hustled to get up to 6 properties. In 2023, Rashmi joined this STR Secrets Mastermind and grew to manage over 50 doors + 50 hotel doors.
Connect with Rashmi
https://twitter.com/chaiandcabin/
www.instagram.com/chaiandcabins/
https://www.youtube.com/@ChaiAndCabins/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
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