In this episode of The Assets Show, Rob and Ed talk with Adam Schwab who is Co-Founder and CEO of LuxuryEscapes.com(.)
Adam discusses how he purchased the LuxuryEscapes.com domain name and what it took to build the Luxury Escapes brand. Adam was kind enough to exclusively share that the “LuxuryEscapes.com” domain name was purchased for $100,000.
This amount of money for a domain name is always a strong move if you can lock down your ‘.com’ or ‘.com.au’ before launching your product or service. Luxury Escapes currently employs over 400 staff and, Pre-COVID, was turning over close to $500 million and servicing 500,000 customers per year.
Adam also discusses his previous brand Deals.com.au(,) and informs us that he purchased the domain name for $100,000 (we have updated Top Domain Sales as this is an Assets Australia exclusive domain sale!).
Rob, Ed and Adam also voice their opinions on a great topic in this day and age after the Covid epidemic; is it a good idea to work from home? (you can skip ahead to around the 20 minutes mark in the podcast for this section) and how much of an asset are staff to a business?
Adam is also an author with his book Pigs At The Trough available at Amazon.com.au(.)
Adam has written for the Financial Review and the Herald Sun and runs his own podcast called From Zero.
Enjoy!
