The GaryVee Audio Experience How to Use Age to Your Advantage
Dec 28, 2021
Chip Conley, a renowned hotelier and hospitality entrepreneur, shares intriguing insights on aging and ageism. He discusses his journey of transforming a motel into a vibrant hub and the challenges of securing startup funding across generations. The conversation emphasizes the unique blend of youthful energy and seasoned wisdom, advocating for age diversity in workplaces. Conley also highlights the concept of 'transformational travel' and the need for a midlife wisdom school, pushing back against traditional perceptions of aging and celebrating the growth it can bring.
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The Rock and Roll Hotel
- Chip Conley started his first boutique hotel by buying a motel in San Francisco's Tenderloin district.
- It became successful, housing guests like David Bowie and Linda Ronstadt, after he targeted tour managers with perks.
Couch-Surfing Market Research
- Conley's initial market research consisted of asking friends who slept on his couch why they didn't stay at hotels.
- They said San Francisco hotels were either too expensive or boring, inspiring Conley's unique approach.
From Hotels to Airbnb
- After 24 years, Conley sold his hotel company, which became a Hyatt brand.
- He then joined Airbnb at 52, becoming their head of global hospitality and strategy, twice the age of the average employee.
