Crowdsourcing means collecting information from other vacation rental people. It allows you to save time and money while tapping into lessons from owners and managers with different skills or perspectives from all over the world.
Crowdsourcing works best at early, pivotal stages of your vacation rental growth: believe it or not, many other VR pros have been through that challenge before. They may even have a name for it! Crowdsourcing is inversely powerful once you've streamlined. Looking to take that next leap? Need to reinvent (or re-motivate yourself)? Become a thought-leader in your market? When you share an innovation or discovery, you will begin to understand it better!
Let's go through some instances in which crowdsourcing is especially effective:
1. Choose the right tool: There are so many softwares out there today doing so many different things, there's no reason to be the guinea pig. If you know what kind of tool you're looking for, source your crowd to find companies that have been personally vetted. If you don't know whether a tool exists for your needs, source your crowd!
2. Solve the dilemma: In our industry, dilemmas happen all the time with guests, homeowners, employees, neighbors, even that special competitor. Your dilemma is unique. But sourcing input from other VR pros makes your next steps clearer and more defined.
3. Brew your strategy: In our latest workshop Industry Called Home, we explain a seismic shift from operations to strategy. No longer is being operationally efficient the game-changer (that's now table stakes). Now, the game-changer is the differentiating strategy that reflects your authentic self (aka. your Limited Edition brand). As you might imagine, part of this comes from how you view yourself, the other part comes in how others view you. For this latter half, source a crowd of people whose opinions you trust and respect.
The gist of this post is to get you thinking about how to leverage collective wisdom -- always better at predicting the future than even the smartest of us -- at whatever stage of your vacation rental journey. Source your crowd (whoever that may be) the next time you confront a crossroads.
QUESTION
Do you have anything that you'd like to crowdsource here in the community?
Post it below (ANY TOPIC, ANY QUESTION) and if necessary our moderators will take care of moving your post to the right existing discussion!!!
Note: If you are feeling extra crowdsourcey, listen to this interview with Dr. Louis Rosenberg -- the world's leading expert in "Swarm Intelligence" (interviewing him was a dream come true for me).
Crowdsourcing works best at early, pivotal stages of your vacation rental growth: believe it or not, many other VR pros have been through that challenge before. They may even have a name for it! Crowdsourcing is inversely powerful once you've streamlined. Looking to take that next leap? Need to reinvent (or re-motivate yourself)? Become a thought-leader in your market? When you share an innovation or discovery, you will begin to understand it better!
Let's go through some instances in which crowdsourcing is especially effective:
1. Choose the right tool: There are so many softwares out there today doing so many different things, there's no reason to be the guinea pig. If you know what kind of tool you're looking for, source your crowd to find companies that have been personally vetted. If you don't know whether a tool exists for your needs, source your crowd!
2. Solve the dilemma: In our industry, dilemmas happen all the time with guests, homeowners, employees, neighbors, even that special competitor. Your dilemma is unique. But sourcing input from other VR pros makes your next steps clearer and more defined.
3. Brew your strategy: In our latest workshop Industry Called Home, we explain a seismic shift from operations to strategy. No longer is being operationally efficient the game-changer (that's now table stakes). Now, the game-changer is the differentiating strategy that reflects your authentic self (aka. your Limited Edition brand). As you might imagine, part of this comes from how you view yourself, the other part comes in how others view you. For this latter half, source a crowd of people whose opinions you trust and respect.
The gist of this post is to get you thinking about how to leverage collective wisdom -- always better at predicting the future than even the smartest of us -- at whatever stage of your vacation rental journey. Source your crowd (whoever that may be) the next time you confront a crossroads.
QUESTION
Do you have anything that you'd like to crowdsource here in the community?
Post it below (ANY TOPIC, ANY QUESTION) and if necessary our moderators will take care of moving your post to the right existing discussion!!!
Note: If you are feeling extra crowdsourcey, listen to this interview with Dr. Louis Rosenberg -- the world's leading expert in "Swarm Intelligence" (interviewing him was a dream come true for me).
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