Anyone can start their own business if they are willing to put in the work and have a really positive attitude towards entrepreneurship. In this episode, we have a great conversation with Stephen Petasky, the CEO and Founder of The Luxus Group with offices in Canada, the US, and Italy. He shares his journey in helping others find their "why" and discover how luxury vacation real estate can enrich their lives. He also discloses how he and his family came up with the idea of starting their own businesses and why it is based on strong relationships. Stephen emphasizes that it is important to constantly learn and to never stop exploring, as this will help you to be successful in anything you pursue. Listen and enjoy!

Key Highlights:

[00:01 - 10:10] Opening Segment

Stephen’s experience as a child and how this shaped his outlook on entrepreneurship

How he became passionate about Lexus and pursued it full time

Consuming knowledge and developing relationships with people led him to success

[10:11 - 20:18] Understanding of The Cyclical Nature of The Real Estate Market

How The Luxus Group was created, and why it is an inspiring story

The desire to have a portfolio of vacation homes that had hotel quality amenities

Stephen shares his journey investing in vacation home ownership 

It is important to build a network of people who can help support you when you are starting a business 

[20:19 - 30:47] Stay Focused on Your Goals

How Stephen decided he wanted to start helping other people

What The Covet company does

Be prepared for the next unexpected event by having a well-planned backup plan

You should invest in yourself by learning as much as possible and expanding your knowledge base 

[30:48 - 37:11] Being a Truly Rock Star Wizard By Yourself

You need a network of advisers and support around you to help carry anything to the next level

How you make sure that you're building a genuine, authentic, value-based relationship with people

[37:12 - 38:20] Closing Segment

Want to connect with Stephen? You can follow him on Youtube, Instagram, and LinkedIn. 

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Tweetable Quotes: 

"I don't think anything is possible unless you're truly just a rock star wizard by yourself" - Stephen Petasky 

"There's not a single thing I've done that I haven't absolutely loved and gone absolutely all in on." - Stephen Petasky 

"You only get to who you know, based on what you know." - Stephen Petasky

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