Pritesh | Indie Hotels

Building Hotel Pommier, Iowa’s best independent brand. Recovering PwC consultant.

[Pritesh | Indie Hotels @PriteshSMB]

@mattressguyspop @mattressguy_ Love it. Has been a pleasure doing business with your family!

Hope we can continue to grow together.

[Pritesh | Indie Hotels @PriteshSMB]

$500 customer: 7 calls, 6 emails, late payment
$30,000 customer: send invoice

I see this take all the time, lesson being only sell high ticket, avoid poor people like the plague.

But how about don't sell to customers you can't support?

McDonalds prints cash serving $5 burgers. Graveyard of local restaurants have gone bankrupt trying to sell the same thing for $18.

Everyone dreams of high ticket, high margin, no stress businesses.

I do as well!

But recently I've seen so much of this nauseating take it feels worth stating the obvious:

You can make money in business serving the general population.

[Pritesh | Indie Hotels @PriteshSMB]

@DavidofSeattle Much more intelligent way of putting it!

[Pritesh | Indie Hotels @PriteshSMB]

@mattressguy_ Exactly. If I had to guess it’s easier to do that than start high end and figure out how to go economy profitably?

[Pritesh | Indie Hotels @PriteshSMB]

@mattressguy_ Weak. I need at leak 10k coils and Bluetooth.

[Pritesh | Indie Hotels @PriteshSMB]

@IowaPod @ZachLahn @RandyFeenstra @adamsteen @IowaGOP @realDonaldTrump @MAHA_Action @RobSandIA The Iowa Podcast effect was just born.

[Pritesh | Indie Hotels @PriteshSMB]

@hthieblot hampster dance

[Pritesh | Indie Hotels @PriteshSMB]

@nahuelhilal Testament to incredible team you've put together. This doesn't click for many employees.

[Pritesh | Indie Hotels @PriteshSMB]

@FranchiseMnA Combo wax center / DQ. Then put a tax prep booth in the vestibule.

Print cash.

[Pritesh | Indie Hotels @PriteshSMB]

@collin_ruth89 haha cheers. Do my best to only post about hotel ownership, operations, renovations, and growing our brand. But do have the occasional shitpost/random thought.

[Pritesh | Indie Hotels @PriteshSMB]

I'm trying to renovate a 32 room hotel for 1/2 of Zach's window budget 😅

Levels to the game!

[Zach Molzer @molzer]

This is what $1.5M of windows looks like!

[Pritesh | Indie Hotels @PriteshSMB]

Our brand pages have 179,000 followers. I'm overloaded with DMs from hotel owners/operators to 'pick my brain'.

I had it at $99, then $250. Now it's higher, don't like it or see the value of my time, there's no gun to your head.

I have 5+ of my own projects going on (no outside investors) and a 2 year old I'd like to see once in awhile.

Go bark up another tree.

[Pritesh | Indie Hotels @PriteshSMB]

@Griftalizer How will I ever recover

[Pritesh | Indie Hotels @PriteshSMB]

@Griftalizer @coleruudjohnson Oh I get it now.

[Pritesh | Indie Hotels @PriteshSMB]

Love reading Sunny’s detailed breakdowns.

One of the few newsletters I actually read.

High value for anyone in real estate.

[Sun Shak @SunShakSunday]

Been writing a weekly newsletter for 6+ years

Subscriber count is 10x lower than following on X

No one could ever sign up again, and I'd continue publishing

~Every issue is a letter to my kids as a hedge against an untimely demise

What would your kids rmr you by?

[Pritesh | Indie Hotels @PriteshSMB]

@rajchudasama I need to get off Wordpress and revamp for multi-location. But doing 600 other things so will get to it eventually 😅