Stephen Petasky - Founder of The Luxus Group | Merging Innovation and Luxury in Real Estate

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory   ➡️ Join Our Free Slack Community To Up-Skill Yourself: https://bit.ly/3IY8kwK   ➡️ About The Guest   Stephen Petasky is the CEO and founder of the Luxus Group, a company that specializes in developing, managing, and servicing resort residential and hospitality real estate assets. He is a visionary leader and a lifelong entrepreneur who has a passion for creating luxury lifestyle investments. He started his career as the president and owner of retail grocery stores, where he gained valuable experience in business management and customer service. In 2007, he launched Luxus with a vision to help people connect their dreams and passions with real estate investment.  He created a unique co-ownership model that allows investors to access a portfolio of luxury vacation homes in different countries. He also expanded Luxus into the mid-luxury vacation rentals market, offering a curated collection of short-term rental homes that combine hotel certainty with vacation home comfort. He has owned and managed over 50 luxury properties and hospitality assets with a value of over $100M in 6 different countries. He has also serviced more than 20,000 client vacations to these properties, making him one of the most experienced and successful entrepreneurs in the industry.    ➡️ Show Links https://www.instagram.com/stephenpetasky/ https://twitter.com/stephenpetasky/ https://www.linkedin.com/in/stephen-petasky-86437711/   ➡️ Podcast Sponsors Hubspot — https://hubspot.com/   Butcherbox - https://butcherbox.com/success (Code: success) Justin Wine - https://justinwine.com/ (Code: success15) My First Million Podcast - https://www.youtube.com/@MyFirstMillionPod/ DeleteMe — https://joindeleteme.com/success (Code: success)  NetSuite — https://netsuite.com/scottclary/ Factor — https://factormeals.com/successpod50 (Code: successpod50) HelloFresh — https://hellofresh.com/50successpod (Code: 50succespod) Munch— https://www.getmunch.com/ (Code: success) ZBiotics — https://zbiotics.com/success (Code: success)   ➡️ Talking Points 00:00 - Introduction 01:18 - The Early Life of Stephen Petasky 04:31 - Stephen's First Business Venture 08:04 - Lessons from Stephen's Business Mistakes 13:32 - Expanding the Initial Venture 16:25 - Stephen's Current Business Journey 21:10 - Exploring Real Estate Opportunities 28:13 - Evaluating Investment Risks 34:00 - Addressing Property Vacancy Issues 36:57 - Sponsor: My First Million Podcast 37:30 - Strategies for Success 45:26 - Building Effective Teams 51:27 - The Importance of Reference Checks 53:51 - Thriving in New Business Territories 55:54 - Stephen's Interest in Vacation Real Estate 59:16 - Exploring International Property Markets 01:03:45 - Insights into Real Estate 01:07:00 - Understanding Deal Flow 01:08:50 - Final Thoughts and Connecting with Stephen Petasky Online 01:11:57 - Reflective Conversations with Stephen 01:13:07 - Overcoming Major Challenges 01:14:45 - Influential Figures in Stephen’s Life 01:15:51 - Recommendations for Aspiring Entrepreneurs 01:17:48 - Advice to a Younger Stephen 01:18:40 - Redefining Success with Stephen Petasky See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.