Creative design, shipping containers and real estate with Rick Coughlin

The Cashflow Project

Is it possible to bring together your experience from another market segment, and merge it with your passion while addressing a market gap?

Join Steve in this episode of The Cashflow Project, as he talks to Ric Coughlin of Grove Studios in a very creative discussion about design, technology, music, real estate, and how innovating the short-term rental business model brings them all together.

Together let's learn how we can monetize on our passion!

Outline of the episode:

01:09 – Rick's entrepreneur journey.

03:53 – Merging the love for technology, music, and real estate.

06:17 – How they started a short-term rental for creatives.

08:57 – Leveraging experience and competence from a different segment

12:11 – Bringing together disparate ideas and making them work.

12:41 – Recognizing the gap and building a business model.

14:10 – On repurposing underutilized spaces and shipping containers.

17:16 – On using automation technology and parallels with short-term rentals.

21:22 – A walkthrough of their project in Tucson and their long-term plans

23:28 – Self-awareness on skills and partnering with the right people.

27:40 – Upcoming projects in Detroit and valuing integrity

33:36 – On social media presence and education-based marketing

35:47 – Benefits of using containers, even for multifamily purposes

40:44 – Fire Round: Best Book

42:52 – Fire Round: What would you consider your superpower?

44:58 – Fire Round: Biggest lesson you've learned

47:50 – Advise for the busy working professional

About Rick Coughlin:

Rick is a versatile professional with over 25 years of experience in education, administrative leadership, sales, and enterprise technology integration and is an active short term rental operator.

Rick's journey began as the co-founder and Chief Vision Officer of Grove Studios, a 24/7 self-service creative studio startup. His vision for scaling music, audio, and visual production studios globally using modular cargo architecture design led him to join the innovative architecture firm Three Squared Inc., where he continues to push the boundaries of construction practices.

Rick's unwavering commitment to growth, his expertise in innovative construction, and his passion for providing exceptional guest experiences make him a dynamic professional in the field of short-term rentals.

Connect with Rick Coughlin …

Grove Studios Website: https://grovestudios.space/

ThreeSquared Inc. Website: https://www.threesquaredinc.com/

LinkedIn: https://www.linkedin.com/in/iamrickcoughlin/

Instagram: https://www.instagram.com/iamrickcoughlin/

Facebook: https://www.facebook.com/iamrickcoughlin

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