In this special coaching-call episode, we deep dive into what has made Blackberry Farm a successful hospitality operation before getting into some Q&A where we discuss:
- Advice to independent developers
- Operating agreements w/ restaurants
- Scaling w/ investors vs. bootstrapping & a ton more!
Connect & Invest with Jake:
Follow Jake on Twitter: https://twitter.com/jwurzak
Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/
Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo
Topics:
(00:00:00) - Intro
(00:04:38) - Inspirations from Blackberry Farm & Blackberry Mountain
(00:21:14) - Advice to independent developers
(00:25:40) - Operating agreements with third-party restaurants
(00:35:27) - Purchasing an existing hotel vs. developing from the ground up
(00:44:12) - Pop-up hotel experiences
(00:48:03) - Scaling with investors vs. bootstrapping
(00:55:05) - The risk of betting on newer brands
(01:00:21) - Creating a case for a market where there’s little data available to pull
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