
All Things Negotiation Chip Conley: The entrepreneur who reinvented three industries
In this episode, Stan talks with Chip Conley, an iconic entrepreneur and the founder of the Joie De Vivre hotel chain, a key player in Airbnb, and the creator of the Modern Elder Academy. They dive into the principles of karmic capitalism, lessons learned from building and scaling multiple successful businesses, and strategies for maintaining a good reputation.
Chip shares his experiences at Airbnb, dealing with regulation challenges, and the importance of inter-generational collaboration.
They also discuss the Modern Elder Academy, where Chip helps individuals navigate midlife transitions and find new purpose.
This episode is rich with lessons in negotiation, leadership, and holistic thinking.
Check out:
Chip’s Youtube: https://www.youtube.com/@TheMidlifeChrysalisPodcast
Modern Elder Academy: https://www.meawisdom.com/
Chip’s podcast: https://www.youtube.com/@TheMidlifeChrysalisPodcast
00:00 Introduction to Karmic Capitalism
00:20 Meet Chip Conley: Entrepreneurial Journey
02:48 Founding Joie de Vivre Hotel Chain
05:55 Negotiating with Bands and Tour Managers
11:26 Risk and Decision Making in Business
15:21 Hotel Vitale: A Case Study in Negotiation
19:26 Managing Through Economic Downturns
23:34 Transition to Airbnb and Burning Man Involvement
29:20 The Ethos of Burning Man
29:39 Negotiation Strategies and Personal Stories
31:46 Joining Airbnb: A New Challenge
33:08 Building Culture and Facing Challenges at Airbnb
36:33 Navigating Co-Founder Dynamics
40:28 Regulation and Host Relations
45:02 Founding the Modern Elder Academy
48:09 Helping People Navigate Midlife Transitions
52:25 The Value of Wisdom and Experience
54:56 Conclusion and Final Thoughts
