What do you do when new regulations shut down your business? You start over with a new idea.

After losing their short-term rental portfolio overnight, Anthony Chow and his partner pivoted. They dug into a problem every host knows too well, and created a Smart Access Lock designed to work at scale. In this episode, he shares how IGLOOHOME went from prototype to a global platform, landed a partnership with Airbnb, and is unlocking more and more markets every day.

Topics discussed:

● Anthony’s early Airbnb rental business

● How a forced pivot led to a new business idea

● Early product challenges and finding customers

● How they landed a global partnership with Airbnb

● Why they made a shift in their distribution strategy

● How developing algoPIN unlocked new markets

● The impact of COVID on their long-term strategy

● Their move to Austin, Texas and expansion in the U.S.

Candus Hinderer and Carrie Ferroukhi are the co-founders of Arcus Advisors, a business consulting firm dedicated to helping Private Equity firms and their portfolio companies improve results by optimizing the accounting and finance functions through strategic guidance and practical solutions. For more information and resources, visit Arcus Advisors: https://arcusadvisors.com/home

This episode was produced by Podcast Boutique https://www.podcastboutique.com