031 – Preston Pesek of Spacious – Accessible and Hospitable Workspaces

Spacious

Restaurants as freelance work spaces…

Preston Pesek, Co-founder/CEO of Spacious (transforming unused space into a city-wide network of stylish, productive workspaces where you can meet, work, and get stuff done) joins Thomas Kutzman and Scott Pollack in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu.

In this episode:Spacious

  • How the way people think about office space has changed
  • Spacious as a heavyweight of co-working world
  • The goal for the user experience of product to be as frictionless as possible
  • The ability to walk in and check in without a reservation
  • Seamless instant connection to the community, space, WiFi, etc.
  • Is Spacious more co-working or coffee shop? (Somewhere in between)
  • How Spacious was conceived
  • Doing business with restaurant tenants, that was perfect place to enter the market as a startSpacious
  • Value prop for a restaurant space – monthly check, marketing exposure, fill space with room full of people who will be hungry when service begins
  • Frat culture of co-working vs. higher end vibe at Spacious spaces, attracting more sophisticated/stylish members
  • Individual workers vs. enterprise play
  • Fantastic upgrade from a coffee shop
  • Establishing consumer brand as B-to-C first, then B-to-B, end user is who focused on from experience perspective
  • Creating a nighttime network for after-5pm spaces
  • Balancing supply and demandSpacious
  • How Spacious can spin spaces up and down quickly, ability to be responsive to changes in marketplace without big spends
  • Being able to manage how grow footprint in a balanced way
  • Is Spacious a tech company or a real estate company?
  • Internal company is a tech company
  • Being a geek around cities of architecture

029 – Nathan Hirsch – FreeeUp Your Business to Succeed

Nathan Hirsch

Growing a team by utilizing a marketplace with highly vetted freelancers in a gig economy…

Nathan Hirsch, Founder and CEO of FreeeUp (FreeeUp is a marketplace offering pre-vetted freelance talent) joins Thomas Kutzman for a conversation about growing a business with the right talent. MouthMedia Network studios are powered by Sennheiser. Presented by Prevu.

In this episode:

  • The gig economy, and accepting the fact that entrepreneurs are not equally good at every part of their business
  • How FreeeUp provides access to great talent all over the world to help build business
  • FreeeUp’s original start in ecommerce, then marketing, then real estate agencies (10-15% of their current client are in Real Estate)
  • An example of a virtual assistant
  • What’s driving the trend of freelancing
  • The way FreeeUp provides a lot of vetting, only takes the top 1%, and when they let them in
  • How FreeeUp started with $2k and grew to millions – only using freelancers from their own marketplace, and running a virtual company
  • How they didn’t look at FreeeUp company as a software business initially – looked at it as people who matched people — but when they looked at it as software and kept improving it, the company turned a corner
  • Why freelancing is part of the next wave of the business economy
  • How FreeeUp has a good foothold — pain points tough to fix, and hard to copy when fixed – looking at any competition in the business—and the vetting process is challenging to get right
  • Freelancers have multiple clients each with their own styles, agendas
  • Spending extra time at beginning setting best expectations will help save countless hours of clarification
  • Solid communication, feedback to freelancers is critical when employing them
  • The biggest error: assuming everyone’s expectations are the same
  • Diversifying is important different people for different functions
  • What would you do with extra hours?
  • An important business lesson, and how Hirsch’s entrepreneurial career began with — selling baby products out his dorm

028 – Omid Malekan – Blockchain Explainer-in-Chief

Explainer-in-Chief

Blockchain explanation, applications, and possibilities…

Explainer-in-ChiefOmid Malekan, author of “The Story of the Blockchain: A Beginner’s Guide to the Technology Nobody Understands“, blogger, and Explainer-in-Chief at Triple Smoke Stack (a publishing, consulting and educational firm that specializes in bringing the latest advancements in blockchain technology to traditional companies) joins Thomas Kutzman and Scott Pollack in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu.

In this episode:

  • Malekan on Blockchain – technology that gives digital items physical propertiesExplainer-in-Chief
  • Physical things can only exist in one place at one moment in time
  • Because of crypto tokens big public blockchains epxploded in value
  • More and more industries are looking at blockchain, including real estate
  • There are many applications beyond crypto currency
  • Before the Internet, restrictions of physical existence worked but blockchain reduces friction or restrictions
  • Digital items are replicable
  • Music is a great example of an application of blockchain that can be of value
  • Blockchain exists on a spectrum, with varying degrees of how to apply it, and is by nature often decentralized
  • A process to keep you honest
  • A consensus mechanism
  • Bitcoin is slow (only a few transaction per second)
  • Losing a key/passowrd to access, the value is lostExplainer-in-Chief
  • Real Estate doesn’t change hands without people knowing about it, likely a blockchain run by government for property in the future
  • Using blcokchain to potentially democratize ownership and mortgages
  • How REITs were like an early tokenization, good step in that direction
  • While REITS are cumbersome and expensive, can take the REIT model and issue tokensi instead, a tradeable avatar
  • A lot of creativity possible
  • Like a co-op model, real estate distilled down to shares
  • A home is an indivisible asset, tokenization can enable that, financing aspect – you go to one bank, one loan, future can offer breaking debt into pieces each with other people
  • Fractional ownership, fractional debt
  • Nomadic lifestyles enabled by fractional ownership shares in properties to live in places not regular residence, like a timeshare
  • Creatively applied can improve on good parts, lose bad parts
  • Airbnb a perfect example of Web 2.0 kind of business, someone builds platform, people use it, and most of value goes to owner of platform.
  • Whether a value of Blockchain can be to mediate disputes
  • How you can determine cryptocoin has value despite being digital
  • Becoming The Explainer in Chief
  • Model United Nations, learning to debate, valuable life lessons that it was a popularity contest, not all about substance, from moment you walk into the room relationships
  • Artifical Intelligence replacing jobs

027 – Joy Fan of Storefront – Short-Term Spaces, Long-Term Impact

Storefront

Marketplace for short form retail and pop-ups…

StorefrontJoy Fan, Chief Creative Officer of Storefront (@storefront – the world’s leading online marketplace for renting short term retail space) joins Thomas Kutzman, Scott Pollack, and guest host Pavan Bahl in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu.

In this episode:

  • How Storefront “cracked the code” on short-term rentals
  • Real estate brokers have open arms for pop ups, changed from 5 years agoStorefront
  • How pop-ups and short-term rentals transformed from trend to strategy
  • Perfect timing, how Storefront rode a wave for the last 6 years
  • Demands of retail has changed
  • Bringing digital into physical
  • Providing pricing up front so anyone can see it and share it
  • Servicing both landlords and tenants
  • Why Storefront doesn’t own spaces, technology makes it easy for brands to search for space
  • Now in Canada and US, just opened Dallas and Austin, plus already in LA, NYC, SF, Chicago, Miami
  • Looking at events and experiential, but focus on storefrontsStorefront
  • A lot of long-term leases are coming up and vacancy rates have risen a lot in major metropolitan areas
  • Low cost at a conference
  • Retail on the rise in US, story-sharing
  • Making the physical experience feeling sensory like the online presence, creating addiction
  • The international opportunity – where there is retail and where there is storefront
  • Fan’s opinion on a brand that’s getting it done
  • The story of twins
  • Incredible donuts

025 – Vincent Pavanello and Robin Rivaton of “Make Real Estate Great Again – Real Estech in Europe

Vincent Pavanello and Robin Rivaton

Real estate technology disruption…

Vincent Pavanello and Robin Rivaton Vincent Pavanello and Robin Rivaton co-authors of the book “Make Real Estate Great Again”, focused on real estate technology disruption and is co-founders of the Real Estech community in Paris, France, join Thomas Kutzman and Scott Pollack in the MouthMedia Network studios in New York, powered by Sennheiser. Presented by Prevu.

In this episode:

  • The show’s first guests from continental Europe, who are building a community in real estate tech
  • Bridging the gap between offerings those who want to buy goods and services
  • The community’s first days, three friends created website produced articles on startupsVincent Pavanello and Robin Rivaton
  • The consumers are changing and companies have to pay attention to user experience
  • The need to be merging pieces of a value chain and control quality, like automotive industry
  • Making real estate great again
  • Tech makes buildings fitted with people’s needs
  • Urbanization, more people living in more cities than before
  • Making a city denser to attract more people
  • Density leads to productivity, wealth requires different types of people with different skills put together
  • Next, thinking of how you move them all around efficiently
  • The perfect city for all social classesVincent Pavanello and Robin Rivaton
  • The importance of creating buildings fit for real people now, while respecting history of city
  • Cities that exist today vs. the kind of cities that can exist 100 years from now
  • Considering climate change, population change, culture, economy, and when people will/would start migrating
  • Direct access to the sea as a factor in city creation and growth
  • When a city becomes toxic
  • A classy snack inspired by a birthday
  • Political influences can cause major shifts in people, Brexit as an example
  • Trends seeing, action to fund entrepreneurs to make changes happen, several funds currently support this
  • How they are building the first venture capital fund for real estate in continental   Europe, with $60M
  • Hip areas of Paris people are moving to
  • The importance of a larger presence of women in real estate tech