Co-Founder at Posh Outdoors and Glampitect North America.
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It's a pleasure to have my good friend Connor Schwab of Sage Outdoor Advisory join us as an investor at Posh Outdoors. We're grateful to existing industry backers like Connor, Shari Heilala, MAI and Bygnal Dutson, and we encourage others who believe in the outdoor industry to get in touch to learn more about joining us for the ride.
Here's Connor explaining why he invested in Posh!
I wanted to personally endorse Nick Purslow and the Posh Outdoors venture and fundraiser. I have spent significant time scrutinizing this business plan, investment opportunity, and the team executing it. My career niche the past 5 years has been in launching outdoor hospitality projects, and if I ever had 'expertise' in anything, it would be this.
I wanted to share my honest assessment with both pros and cons of the opportunity:
Pros:
1.) I believe they are offering a compelling solution for a very real capital problem limiting entrepreneurs and developers amidst a growing industry.
2.) I believe in the industry's long term growth fundamentals. The urgent need for people to disconnect and get outside will only increase as will consumers' appetite for unique experiences.
3.) I believe in the team. I have partnered with Nick Purslow on countless projects in outdoor hospitality, and I believe in his ability to execute, problem solve and get the job done. I have also had the opportunity to meet, speak or partner with Kevin O'Brien, Lee Pritchard, Edward Haynes, and their advisor Ben Wolff. I believe the entire team has the right expertise, the needed network, customer funnels, and track record of success necessary to make the company a success.
4.) I was impressed by their first operator partner Christel Postel who spent a day showing me their first site in Kananaskis, Canada near Banff. I think both the property and the market are a home run. It is a stunning property in a highly compelling market.
5.) Once the model proves its profitability at the first few sites, growth will be rapid.
6). For my friends motivated by more than money and returns, I want to support a company that is empowering the growth of an industry that gets more people outside and connecting with nature and thus fostering more environmental stewardship.
Concerns:
- I believe some of their financial projections are overly optimistic including ADR, occupancy and project volume ramp up. I think they will get there, but it will take more time than some of their forecasts.
- Raising a series A investment round in a new and poorly understood sector will be a difficult process. This is the target liquidity event for investors like myself, and I expect it will not be easy and far from a certainty.
- The model will require ongoing capital infusions to purchase the units which I expect will be slow going for the first few sites.
Every start up venture will have significant risks and challenges, but I believe this team will preserve to create an exceptional and valuable company.
That is why I am investing (and not an insignificant amount) and encouraging others to look into the opportunity: https://lnkd.in/gTKrcJc8
If any of our friends in the industry have anything pros or cons to add to my assessment, please feel free to comment.
Looking forward to journey Posh Outdoors#tothemoon#getoutside#glamping#outdoorhospitality
Co-Founder at Posh Outdoors and Glampitect North America.
Subscribe to The Glamping Insider for a weekly deep dive into the secrets of glamping's elite operators👇
It's a pleasure to have my good friend Connor Schwab of Sage Outdoor Advisory join us as an investor at Posh Outdoors. We're grateful to existing industry backers like Connor, Shari Heilala, MAI and Bygnal Dutson, and we encourage others who believe in the outdoor industry to get in touch to learn more about joining us for the ride.
Here's Connor explaining why he invested in Posh!
Lots of people talk about the damage of the wrong co-founders and let the assumption stand that as long as you don’t choose them everything will be okay.
Why don’t more people talk about the magic of finding the perfect co-founders? And how to fuse them together in a way that makes a startup much stronger than the sum of its parts?
Why don’t more people talk about finding the most powerful thing that you can build into the heart of your startup before it’s even a thing?
Tonight Our CEO is speaking at Aussie Founders Club on exactly that, and we expect he’ll challenge a few conventions on how to pick, pay and bond with co-founders in a wholly unprofessional but deeply necessary way.
He’ll also share stories about the amazing people that almost became Maslow’s co-founders, and how there’s no shame in acknowledging that the fit isn’t always right.
We date people before we choose life partners…. Why shouldn’t we date them before we choose business partners?
Come along! Tickets below.
Connector | Start-Up Recruitment Partner at Kairos 🚀 | Community Builder at Aussie Founders Club (AFC) - For anything AFC, hit [Visit My Website] 🎉
69 RSVPs at the time of scheduling this - last call for those thinking about coming tonight to join us for our panel on Equity + Compensation: Navigating Early Conversations for Cofounders & Advisors
Always look forward to the learnings & connections at our Aussie Founders Club events.
We have an important topic, a great venue care of EverestEngineering, an awesome panel (cc. Kane JacksonJosh Sharma & Sophie Hall), and some good pizza scheduled for 7pm by the best host Rick Giner!
See you tonight!
🎉🌀 Let’s give it up for National Bobblehead Day! 🌀🎉
Did you know bobbleheads have been making heads nod (literally) for over 100 years? Originally inspired by 17th-century figurines in Germany, these quirky collectibles have become a multimillion-dollar industry. 💰 Today, bobbleheads are more than just fun—they’re a big business, with sports teams, brands, and even celebrities cashing in on their wobbly charm!
In fact, some limited-edition bobbleheads have sold for thousands of dollars, proving that these little figures can hold more than sentimental value. From desks to dashboards, bobbleheads make us smile and remind us not to take life too seriously. 😊
Here at Tomren Wealth Management, we like to think of bobbleheads as a metaphor: Keep your head steady, but don’t forget to have a little fun along the way!
Who’s your favorite bobblehead character? Left to right - Brian, Michael, or Edward? Drop it in the comments below!
#NationalBobbleheadDay#FunFacts#BobbleheadBusiness#TomrenWealthManagement#StayBalanced
The day is officially here! Meet: Kimber & Oak!
After more than a decade operating solely as Oak City Gifts, our company and its capabilities have outgrown the original identity. So, it was time to mix things up a bit!
You can learn more about it in this blog post at https://lnkd.in/eyzXGhmD
Willy - great responses to the CNBC questions. And I agree that the banks have averted a crisis in commercial lending; however, plenty of other brewing challenges are ahead for most Americans.
The yield curve is still inverted - bad news for most of the non-public developers/owners for the next 18 months. This will be a challenge for a substantial number of owners and their permanent lenders (CMBS and Agencies).
Multifamily owners are facing unprecedented higher costs including insurance, property taxes, and labor. These costs will be passed along to tenants. However, a popular theme is that corporate greed is the problem and not the unprecedented inflation over the past three years.
The Biden/Harris/Walz proposal to limit rent increases to 5% per annum will have unintended consequences. Class A- and B properties will not be improved, which will lead to a tsunami of sub-standard Class C properties. Affordable maybe, but unlivable. Check out New York and Chicago.
Perversely, the affordable market has been propped up by 15 million new non-residents who are seeking shelter. The supply/demand curve for affordable housing has been rocked by this unprecedented demand. Rents are still rising despite significant supply increases.
Not a great scenario when wage increases are significantly less than rent increases.
And the $25,000 new homeowner credit will not be equitable. Renters who cannot qualify will be left behind -only new homeowners will qualify. What about all the buyers who just bought a home and did not receive this graft? This is akin to the college debt relief program - the students who worked hard to pay off the debt will be disenfranchised.
IMHO, 2025 will strain consumers' wallets, particularly the majority of Americans who cannot/shouldn't pay more than 30% of their income on rent.
Our Chairman and CEO of Walker & Dunlop, Willy Walker will be speaking with David Faber and Sara Eisen live from CNBC’s New York studio this morning at 10:40am ET on Squawk on the Street. Be sure to tune in!
We're soon going to be a community of 1 million+. However, I've always wanted to talk to my YouTube family more and understand them better. I have met several subscribers in the past in meet-ups. But amid the excitement and chaos, I often get less time to talk to people and get insights.
So, we figured out a way to know their perspective.
Wealth Secret Townhall! 😎
For us, townhall is nothing but a small meeting where I talk to about 100-150 people about the current problems in trading. It's crucial to comprehend what's happening in the real world, as social media can often be misleading.
It's a vice versa of the live streams on YouTube, and I love the idea. In the live sessions, I talk, and people listen. However, in our townhalls, people talk, and I listen. It's astonishing how and what they share.
We'll continue to do such townhalls regularly. And, of course, they're free. Anyone can join them. You're most welcome to attend these thought-provoking townhalls. I will keep everyone updated about the dates.
#wealthsecret#townhall#meeting#seminar#trading#traders#stockmarket#stocks#retailer
🌟 Member Spotlight: Meet Steven R.! 🌟
For over 23 years, Steven R. has captured the hearts of the VALLEYLIFE staff who have had the privilege of working with him! From his love for Piggly Wiggly to his passion for sports, this hat-collecting, cologne-loving guy continues to bring light to our community. 🏈
To learn more about Steven, check out our latest blog post!
Are you like me and get a snack before talking to people at networking events? If so, join me for Truth & Tacos to learn how to create a networking game plan!
🌮 Get Ready for "Truth & Tacos"! 🌮
✨ New to The Chamber of St. Matthews! Brought to you by our SYP group, this Lunch & Learn series is focused on the needs of Young Professionals!
November Session Highlight:
Hear from Chris Wolfe of Wolfe & Bosch PLLC on “Create Your Network Game Plan” – it’s real talk, no fluff, with a side of tacos!
Enjoy a loaded taco & nacho bar, thanks to City BBQ! 🌯🔥
📅 Details:
📍 Where: Junior Achievement of Kentuckiana (1401 W Muhammad Ali Blvd, Louisville, KY 40203)
📅 When: November 5, 11:30am - 1:00pm
💵 Cost: $25 (includes lunch!)
Quarterly event - because once is never enough! 👏
Reserve your spot and dive into #TruthAndTacos!
Register here:
https://lnkd.in/gzFpf24G#ChamberStMatthews#YoungProfessionals#GamePlan#CreateYourNetwork#ChrisWolfe#Lunch&Learn #