Alex and Annie: The Real Women of Vacation Rentals
Disrupting the Deals Landscape: Matt Renner's Entrepreneurial Leap from Corporate to Startup with PassPass
05 Jun 2024
Send us a message!Exclusive offer for Alex & Annie listeners:Get $400 off your onboarding fee when you partner with Hostaway using this link: http://get.hostaway.com/alexandannieIn this episode of "Alex & Annie: The Real Women of Vacation Rentals," we sit down with Matthew Renner, co-founder and CEO of PassPass, to discuss his latest entrepreneurial venture following an extensive career in the corporate world.Transitioning from Corporate to Startup LifeMatt opens up about his motivations for leaving the corporate world after 16 years to start his own company, PassPass. He shares the excitement and challenges of embracing the entrepreneurial mindset.The PassPass Business Model ExplainedMatt dives into the unique PassPass business model that aims to create a win-win for businesses and consumers. Businesses provide deals for free, while consumers pay a $5 monthly fee for access to discounts nationwide. Participating businesses then earn a revenue share from referred customers.Empowering Small Businesses to CompeteA core mission of PassPass is leveling the playing field to help independent small businesses thrive against major corporate brands. Matt discusses how the revenue sharing model and subscription discounts enable small businesses to effectively compete.Key Takeaways:🔄 Career Pivots: Insights into making bold career transitions from corporate leadership to entrepreneurship.⚖️ Aligning Incentives: Exploring PassPass' innovative model that aligns business and consumer incentives through revenue sharing and valuable discounts.📈 Uplifting Small Business: Learn how PassPass aims to empower independent businesses to gain a competitive edge against big brands.Tune in for an inspiring discussion about Matt's entrepreneurial journey, the PassPass concept, and its potential to shake up the deals/discounts landscape for the greater benefit of businesses and consumers alike.Send a voice message to Alex & Annie: https://podcasters.spotify.com/pod/show/alexandanniepodcast0/messageYour message could end up on a future episode of this podcast!Connect with Matt:LinkedInConnect with PassPass:LinkedIn | Website
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