57. How Mint House Founder Raised $100M After Hotels Rejected Him

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⭐ In this conversation, Michael Chang interviews William Lucas, the chairman of Mint House, a leading company in corporate housing and short-term rentals. William shares his entrepreneurial journey, the inception of Mint House, and the challenges & strategies involved in raising capital and building a scalable team. ⭐ They highlight the importance of technology in hospitality, the need for a strong brand in the short-term rental market, and the significance of hiring the right people to drive business success. ⭐ The discussion also covers the decision-making process between buying properties versus managing them, and Will shares insights from his transition to a chairman role. ⭐ The episode concludes with reflections on future STR opportunities and the importance of mentorship in entrepreneurship.

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