Wealthy Way How He Turned Airbnb Into a $22M Business
10 snips
Nov 19, 2025 In this conversation, Bill Faeth, a serial entrepreneur and real estate investor, shares his journey of building a $22M+ short-term rental business. He reveals how he pivoted from long-term rentals to Airbnb, emphasizing the importance of 'super properties' and targeted marketing. Bill discusses scaling strategies, the significance of community engagement, and avoiding saturated markets. He also highlights innovative ways to enhance property value and how to create multiple revenue streams, including unique partnerships and experiences.
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Perpetuity Beat A Big Lump Sum
- Ryan sold his bikini business to Venus and took a perpetuity royalty instead of a large lump-sum payout.
- That decision paid out more over decades and taught him long-term thinking about exits.
Golf Mentor Taught A Costly Lesson
- Buck Owens gifted Ryan $25K early in his career but later made him return $3.5K when he bought a Rolex.
- The episode taught Ryan discipline with money and the consequences of reckless spending.
From Bathroom Demo To $34M Glow Golf
- Ryan turned a glow golf idea into a national mall-based business with 178 locations and $34M annual revenue before COVID.
- He scaled fast by prototyping cheap setups and targeting mall traffic and parents with kids.
