🍟 The Failed McDonald's and Krispy Kreme Partnership (and what you can learn from it)
Summary
Sean Pan discusses the failed partnership between Krispy Kreme and McDonald's, where Krispy Kreme shares dropped by 70% when their nationwide rollout was paused due to lower-than-expected demand. The key takeaway is to diversify your investments, business ideas, and career so that you don't lose everything you built in one swoop.
More from Growth & Marketing
Airbnb is launching a new host bonus as travel demand surges for the upcoming World Cup. This strategic move aims to encourage more listings and capitalize on the expected influx of guests. The initiative highlights Airbnb's efforts to prepare for peak season travel and its ongoing support for hosts.
This article discusses the emergence of a new platform designed as an 'Airbnb' for hourly creative spaces. It aims to solve the difficulties creators face when finding and renting spaces. While not directly about STRs, it highlights a potential niche market that could be applicable to hosts considering offering hourly space rentals, indicating a shift towards accommodating creative industries.
Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.
Curated by Learn STR by GoStudioM