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MasterAdvisor 49: Tips for Scaling a Luxury Travel Agency from the Startup World

Travel Market Report
Travel Market Report
✨Casual
👁️ 2K views📅 4 years ago⏱️ 51:11
What This Creator Said
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Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

i'm gonna try i'm gonna do it for six months sorry bro now and then it'll probably fail and then i'll go do something else but i'll give it a shot

i'm unwilling to lose money and that's why i'm for sure doing fees and also i i raised my fees 25 from 2020 to 2021 and another 20 from 21 to 2022 and not a single person said anything

Creator's Tips & Advice

✓Narrow down quickly on who your best client is and focus marketing on that segment
✓Create a capacity tracker to monitor team hours and client work to determine when to hire
✓Charge fees for your services and raise them periodically as your value increases
✓Have confidence in sales because you are offering a service people need and adding value

🆕New to Cruising? This Creator Addresses:

Imposter syndrome when starting out — Don't have imposter syndrome; announce what you're doing on every channel and don't worry about failing
Not knowing when to hire — Use a capacity tracker to monitor hours and determine when you're over capacity and need to hire

Questions This Creator Answers

QHow to scale a luxury travel agency from the startup world
QHow to attract and screen clients effectively
QWhen and how to hire team members as your business grows
QWhat is the philosophy on charging fees for travel advisory services
YouTube Video Description↓

Scaling your luxury agency as business starts to grow can be difficult. Taking it to the next level is even harder. There are a lot of factors to keep in mind when scaling your agency including knowing your core audience, knowing the strengths and weaknesses of your current team, and knowing your own limits.  Sarah Groen, a Houston-based travel advisor, entrepreneur, and investor decided to merge her two main passions - business and TRAVEL, creating Bell & Bly Travel. Join Sarah as she shares how to be an effective leader and entrepreneur when scaling up your startup live and free on Zoom March 24 at 1:00 EST. **Like and subscribe for more #travelagent content** #TravelAdvisor #TMR What Are the Keys to Travel Agent Success? : https://www.travelmarketreport.com/RetailStrategies/articles/What-Are-the-Keys-to-Travel-Agency-Success