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The Boostly Podcast

Understanding the Mindset of Growing a Large STR Company

The Boostly Podcast

Mark Simpson

Marketing, Entrepreneurship, Business

51.4K Ratings

🗓️ 19 February 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Welcome to Boostly Podcast Episode 712. The Boostly podcast episode features Mahwussh Alam, the CEO of One Perfect Group, a company that manages hundreds of units in high-opportunity locations. Highlighting her journey from starting with one unit to managing many, Mahwussh talks about her strategies for scale, such as focusing on managing key properties, understanding investors' mindsets, and knowing when to say no. The episode also covers their utilization of technology and the role of honesty in business. Mahwussh shares her insights on how to navigate the challenges in the industry, affirming the significance of continuous growth, asking questions, embracing change, and focusing on long-term plans for the business. Mahwussh's profile: https://www.linkedin.com/in/mahwush/ One Perfect Stay's Linkedin profile: https://ae.linkedin.com/company/oneperfectstay-holiday-homes Facebook: https://www.facebook.com/oneperfectstay/ Instagram: https://www.instagram.com/oneperfectstay/ Website: https://www.oneperfectstay.com/ • https://Boostly.co.uk • https://Boostly.co.uk/5steps • https://instagram.com/boostlyuk • https://Boostly.co.uk/guidebook • https://Boostly.co.uk/website • https://Boostly.co.uk/podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Okay, welcome back to the Boostly podcast, the podcast that gives you the tools, the tactics, the training, and most importantly the confidence so you can go out there and get yourselves direct book.

0:08.0

And today on the mini series of Behind The Host, I'm really excited because we've got a host who looks after hundreds of units in an absolutely booming part of the world.

0:19.0

A place which you need to be paying attention to because there's just so much going on there's so much

0:23.8

opportunity and just by listening to this you're going to get understanding of the

0:28.2

mindset of what it takes to grow a large STR company but also an idea of what opportunities there are in this part of the world.

0:36.0

So let me introduce to you.

0:38.5

We've got Marwesh of one perfect group, she's the CEO and she's going to be talking today about her business so you can learn from her experience. So welcome along. Thank you for joining me.

0:49.5

Thank you so much Liam. Happy to be here. So I know I've given you a bit of introduction there,

0:55.3

but can you give me the elevator pitch of what is one perfect group?

0:59.0

What does it consist of?

1:00.4

So one perfect group has three verticals. Our main leading brand is our short-term

1:07.2

rental company which has been in the market for the past eight years by the name

1:10.7

One Perfect State. Like you mentioned, we am managing 100 of units across Dubai in the

1:16.7

prime areas and in the secondary areas. And alongside One Perfect State, we have a real estate company because you see in short-term

1:25.7

rental when you are the property managers you're sort of entering the sales cycle

1:29.9

rather late and I'd like to be at the brink where the investors taking that decision

1:36.7

where exactly to buy and why. So hence I have one perfect real estate and most of these units that we get to manage for one perfect stay are unfurnished and I always had a flare of aesthetics and interiors. So that has gotten into one perfect space which is our interior and renovations company. So that's is that a long elevator bitch?

2:03.2

No, no, that's good.

2:04.0

That kind of gives us kind of the elements to the business.

2:07.0

And yeah, this is all we do.

2:09.5

It's one of the things which for me as a host, when you're first starting out and for many of the

2:15.0

hosts listening to this there is always that challenge of like you say finding the

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