From Busy to Strategic: The Real Job of an STR CEO
Summary
This article discusses how STR CEOs should focus their time to scale their businesses effectively, emphasizing strategic priorities over being constantly busy. It highlights the importance of recognizing bottlenecks, managing decision fatigue, and leveraging AI for efficiency. Hosts managing multiple listings can benefit by rethinking their priorities and identifying the most impactful areas for their attention.
Key Insights
- •CEOs waste 30 to 50 percent of their time on low-value activities, which becomes more dangerous as STR businesses grow.
- •Pattern recognition is becoming one of the most important CEO skills.
Action Items
- ✓Rethink your priorities and recognize patterns inside your business.Effort: mediumImpact: medium
- ✓Identify the biggest bottlenecks in your STR business.Effort: mediumImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry
- →Get Paid For Your Pad: Get Paid For Your Pad
Watch Out For
- ⚠Confusing action with momentum can stall growth.
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