Stephen Petasky - Founder of The Luxus Group | Merging Innovation and Luxury in Real Estate Success Story with Scott D. Clary

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➡️ 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/ 

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➡️ 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


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