Chip Conley on Selling Joie De Vivre and Mentoring Airbnb Co-founder Brian Chesky | Built to Sell Radio
November 17, 2023 |
About this episode
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Chip Conley built the world’s second largest boutique hotel chain to 3500 employees, but after a near death experience, Chip realized he wanted out. Chip went on to become Airbnb’s Head of Global Hospitality and Strategy, where he mentored co-founder Brian Chesky. Conley went on to create MEA — the Modern Elder Academy — the world’s first ‘midlife wisdom school’. In this episode, you’ll discover how to:
- Avoid a midlife crisis.
- Ensure you’re happy after you sell.
- Hire a “modern elder” to mentor you.
- Manage someone older than you.
- Become a great mentor.
- Figure out what to do after you sell.
- Distinguish between having a purpose and being purposeful.
- Own your wisdom.
Show Notes & Links
Watch the Interview on YouTube
Definitions
Earn-out: This is a financing arrangement for the purchase of a business, where the seller must meet certain performance goals before receiving the full purchase price. It reduces the buyer’s risk and aligns the interests of both parties post-acquisition.
About Our Guest
Chip Conley
Chip Conley is on a mission. After disrupting the hospitality industry twice, first as the founder of Joie de Vivre Hospitality, the second-largest operator of boutique hotels in the U.S., and then as Airbnb’s Head of Global Hospitality and Strategy, leading a worldwide revolution in travel, Conley co-founded MEA (Modern Elder Academy) in January 2018. Inspired by his experience of intergenerational mentoring as a ‘modern elder’ at Airbnb, where his guidance was instrumental to the company’s extraordinary transformation from fast-growing start-up to the world’s most valuable hospitality brand, MEA is the world’s first ‘midlife wisdom school.’Dedicated to reframing the concept of aging, MEA supports students to navigate midlife with a renewed sense of purpose and possibility.A New York Times bestselling author, Conley’s 7th book Learning to Love Midlife: 12 Reasons Why Life Gets Better with Age is about rebranding midlife to help people understand the upside of this often-misunderstood life stage and he was asked to give a 2023 TED talk on the “midlife chrysalis.”
