#116 Quirin Schwaighofer - Co-Founder of MadeComfy

In this episode, I interview Quirin Schwaighofer - Co-Founder of MadeComfy. MadeComfy was founded in 2015 and has become Australia's largest professional short-term rental network. With over 1,300 properties under management, the company reached a major milestone this year when it was acquired for more than $50 million.

Throughout the episode, Quirin discusses setting the goal of starting a company with the intention of exiting in ten years. He shares the challenges of growing MadeComfy including the significant loss of revenue caused by COVID-19 travel restrictions. Quirin also emphasises the crucial role of networking in successfully raising capital.

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Chapters

• 0:00 #116 Quirin Schwaighofer
• 2:14 Quirin's Early Days
• 7:57 The Importance of Sales
• 10:49 Starting MadeComfy
• 15:49 How Covid-19 Impacted the Business
• 19:45 The Challenges of Running a Company
• 24:09 Raising Capital and Investors
• 27:54 The Biggest Lessons Quirin Learnt from Investors
• 30:31 Quirin's Biggest Strengths and Weaknesses
• 31:38 The Process of the Sale
• 37:56 The Emotional Rollercoaster of the Negotiation Process
• 41:06 Success and the Future