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Second in Command: The Chief Behind the Chief with Cameron Herold

Ep. 47 – Delegating Tasks Across Cultures with Isabel Berney

Second in Command: The Chief Behind the Chief with Cameron Herold

Second in Command with Cameron Herold

Entrepreneurship, Business, Management, Careers

4.9224 Ratings

🗓️ 28 February 2019

⏱️ 44 minutes

🧾️ Download transcript

Summary

There’s the complexity of running 50-person company with all the different moving parts. For a hospitality business, you have to be hands-on as a manager and you can’t let anything slide through the cracks. As you’re scaling, you’re never done...

The post Ep. 47 – Delegating Tasks Across Cultures with Isabel Berney appeared first on COO Alliance.

Transcript

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0:00.0

Welcome to Second in Command, brought to you by COO Alliance, where top-level

0:07.3

COOs share their insights, tactics, and strategies that made them the chief behind the chief. And now, here and now here's your host, Cameron Herald.

0:14.0

And now here's your host, Cameron Herald.

0:17.0

Isabelle

0:21.0

Isabelle Burney is a co-founder and C.O. of Macchio, a real estate management platform that transforms underperforming rental homes into generous passive income streams for landlords. In her role as C.O. Isabelle

0:34.0

overseas growth and management of their vacation rental portfolio, operating in

0:38.0

fourth cities on both coasts. She co-founded Vakeo with her husband Truth in 2016 and they've been bootstrapping their way to a million dollars in revenue.

0:48.0

Around that time, Airbnb and other sharing economy startups were gaining traction in 2011.

0:53.8

Elizabeth, sorry, Isabel discovered her passion in the industry

0:57.5

and the potential to use real estate as passive income.

1:00.6

Isabelle, looking forward to hearing from you guys are in a crazy competitive space but a really

1:04.7

exciting space as well. Tell us about your model and how it may be differs from some of the others that are out there.

1:10.6

Right. So the space itself is competitive, but we actually have a little niche within it because

1:16.2

we're offering, you know, guaranteed higher income to landlords. We furnish the properties completely,

1:22.8

so there's no out-of-pocket expense for landlords.

1:24.9

And then we're also targeting the single-family home market,

1:28.4

which is kind of like a forgotten market in terms of the managers.

1:32.2

Many of them, you know, they really want to go to condos

1:35.6

because it's a little bit easier to just like work

1:37.9

with a big developer or landlord and, you know,

1:40.9

move into 20, 30 condos at once but we were targeting

1:45.4

single-family homes which is a lot of you know small-time landlords and maybe they

...

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