What’s your plan for your business when you retire, or you’re unable to run it anymore?

In this episode, the second in a two-part series on succession planning, hear from industry attorney Tom Carpenter. He discusses some of the varying ways agency owners prepare their businesses for the next step, and gives practical advice on how to make the transition smoother.

This episode was sponsored by AmaWaterways. 

Further resources

Find Tom Carpenter:
On the web 
Via email
On YouTube
On Facebook

Mentioned in this episode:
Mark Pestronk on the web and in Travel Weekly
Bob Sweeney’s Innovative Travel Acquisitions

Need advice?

Call our hotline and leave a message: 201-902-2098

Email us: tradesecrets@travelweekly.com 

 

Theme song:

Sock Hop by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4387-sock-hop

License: https://filmmusic.io/standard-license

 

See omnystudio.com/listener for privacy information.

What&rsquo;s your plan for your business when you retire, or you&rsquo;re unable to run it anymore?
In this episode, the second in a two-part series on succession planning, hear from industry attorney Tom Carpenter. He discusses some of the varying ways agency owners prepare their businesses for the next step, and gives practical advice on how to make the transition smoother.
This episode was sponsored by <a href="https://advisors.amawaterways.com/agent-login">AmaWaterways</a>.&nbsp;
<hr>
Further resources
Find Tom Carpenter:
<ul>
<li aria-level="1"><a href="https://www.carpenterlawgrouppc.com/">On the web</a>&nbsp;</li>
<li aria-level="1"><a href="mailto:tcarpenter@carpenterlawgrouppc.com">Via email</a></li>
<li aria-level="1"><a href="https://www.youtube.com/@ThomasCarpenter">On YouTube</a></li>
<li aria-level="1"><a href="https://www.facebook.com/MediaTravelLaw/">On Facebook</a></li>
</ul>
Mentioned in this episode:
<ul>
<li aria-level="1">Mark Pestronk <a href="https://pestronk.com/">on the web</a> and <a href="https://www.travelweekly.com/Mark-Pestronk">in Travel Weekly</a></li>
<ul></ul>
<ul></ul>
<li aria-level="1">Bob Sweeney&rsquo;s <a href="https://www.tvlacq.com/">Innovative Travel Acquisitions</a></li>
<ul></ul>
</ul>
<hr>
Need advice?
Call our hotline and leave a message: 201-902-2098
Email us: <a href="mailto:tradesecrets@travelweekly.com">tradesecrets@travelweekly.com </a>
&nbsp;
Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license
&nbsp;
See omnystudio.com/listener for privacy information.

Welcome to Trade Secrets, a podcast from the editors of Travel Weekly, where travel advisors ask -- and answer -- questions. On each podcast, our editors will ask a veteran travel advisor to join them and field listeners’ questions. Topics will range from business advice to industry trends, history and more — as long as it’s travel-related, we want to address it! Find Trade Secrets wherever you get your podcasts, or at travelweekly.com/podcasts.

ABOUT YOUR HOSTS:

Jamie Biesiada is a senior editor with Travel Weekly. She is an award-winning journalist, including being named the American Society of Travel Advisors’ 2019 Travel Journalist of the Year. Her roots are in community journalism, where she was the editor of several local newspapers and a regional entertainment magazine.

Emma Weissmann brings more than a decade of reporting and editing experience to her role as Features Editor at Travel Weekly, where she covers destinations and retail travel and contributes to social media, podcast and multimedia initiatives. Before joining Travel Weekly, Emma served as Editor-in-Chief of AGENTatHOME and Executive Editor of TravelAge West and hosted the Humans of Travel podcast. She also helped create and produce the Future Leaders in Travel event for early-career travel advisors.


Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license

See omnystudio.com/listener for privacy information

Welcome to Trade Secrets, a podcast from the editors of Travel Weekly, where travel advisors ask -- and answer -- questions. On each podcast, our editors will ask a veteran travel advisor to join them and field listeners&rsquo; questions. Topics will range from business advice to industry trends, history and more &mdash; as long as it&rsquo;s travel-related, we want to address it! Find Trade Secrets wherever you get your podcasts, or at <a href="http://travelweekly.com/podcasts">travelweekly.com/podcasts</a>.
<hr>
ABOUT YOUR HOSTS:
Jamie Biesiada is a senior editor with Travel Weekly. She is an award-winning journalist, including being named the American Society of Travel Advisors&rsquo; 2019 Travel Journalist of the Year. Her roots are in community journalism, where she was the editor of several local newspapers and a regional entertainment magazine.
Emma Weissmann brings more than a decade of reporting and editing experience to her role as Features Editor at Travel Weekly, where she covers destinations and retail travel and contributes to social media, podcast and multimedia initiatives. Before joining Travel Weekly, Emma served as Editor-in-Chief of AGENTatHOME and Executive Editor of TravelAge West and hosted the&nbsp;<a href="https://www.travelagewest.com/Podcasts/Humans-of-travel">Humans of Travel</a> podcast. She also helped create and produce the Future Leaders in Travel event for early-career travel advisors.
<hr>
 Theme song: Sock Hop by Kevin MacLeod Link: <a href="https://incompetech.filmmusic.io/song/4387-sock-hop">https://incompetech.filmmusic.io/song/4387-sock-hop</a> License: <a href="https://filmmusic.io/standard-license">https://filmmusic.io/standard-license</a>
<hr>
See omnystudio.com/listener for privacy information

Trade Secrets Podcast

Trade Secrets

Succession planning for travel agencies, part 2 (feat. attorney Tom Carpenter)

This week on Trade Secrets, Kimberly Wilson Wetty discusses her transition from being the longtime co-owner and co-president of Valerie Wilson Travel (VWT) to her newest venture, Keep Wondering Why. Wetty reflects honestly on the decision to sell VWT – which was first acquired by another family-owned business before transitioning to ownership by Chase Travel Group – and making the choice to branch out on her own. This episode also delves into Wetty’s passion for ensuring that all travelers feel welcomed and respected.

This episode was sponsored by Travel Insured International. https://www.travelinsured.com/

Further resources

Kimberly Wilson Wetty on LinkedIn

Keep Wondering Why on the web, LinkedIn, Instagram and Facebook

Mentioned in this episode:
Valerie Wilson on Humans of Travel
Wilson Wetty’s LinkedIn posts
 Breaking the glass
Don’t crush the butterfly

Need advice?

Call our hotline and leave a message: 201-902-2098

Email us: tradesecrets@travelweekly.com 

 

Theme song:

Sock Hop by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4387-sock-hop

License: https://filmmusic.io/standard-license

 

See omnystudio.com/listener for privacy information.

This week on Trade Secrets, Kimberly Wilson Wetty discusses her transition from being the longtime co-owner and co-president of Valerie Wilson Travel (VWT) to her newest venture, Keep Wondering Why. Wetty reflects honestly on the decision to sell VWT &ndash; which was first acquired by another family-owned business before transitioning to ownership by Chase Travel Group &ndash; and making the choice to branch out on her own. This episode also delves into Wetty&rsquo;s passion for ensuring that all travelers feel welcomed and respected.
This episode was sponsored by Travel Insured International.&nbsp;<a href="https://www.travelinsured.com/">https://www.travelinsured.com/</a>
<hr>
Further resources
Kimberly Wilson Wetty on <a href="https://www.linkedin.com/in/kimberlywilsonwetty/">LinkedIn</a>
Keep Wondering Why on the <a href="https://kwwinc.com/">web</a>, <a href="https://www.linkedin.com/company/kwwinspireyourwhy/">LinkedIn</a>, <a href="https://www.instagram.com/kwwinspireyourwhy">Instagram</a> and <a href="https://www.facebook.com/kwwinspireyourwhy">Facebook</a>
Mentioned in this episode:
<ul>
<li aria-level="1">Valerie Wilson on <a href="https://www.travelagewest.com/Podcasts/Humans-of-Travel/Humans-of-Travel-Valerie-Wilson">Humans of Travel</a></li>
<li aria-level="1">Wilson Wetty&rsquo;s LinkedIn posts</li>
<ul>
<li aria-level="2">&nbsp;<a href="https://www.linkedin.com/posts/kimberlywilsonwetty_generationalreadiness-kww-luxuryconsultant-activity-7458174394717155328-eZZz?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAABLWrEwBipYMyaXk4AKT1tuR_Omwhg5mtS8">Breaking the glass</a></li>
<li aria-level="2"><a href="https://www.linkedin.com/posts/kimberlywilsonwetty_keepwonderingwhy-familybusiness-generationalreadiness-activity-7483581639252430848-UFYh?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAABLWrEwBipYMyaXk4AKT1tuR_Omwhg5mtS8">Don&rsquo;t crush the butterfly</a></li>
</ul>
</ul>
<hr>
Need advice?
Call our hotline and leave a message: 201-902-2098
Email us: <a href="mailto:tradesecrets@travelweekly.com">tradesecrets@travelweekly.com </a>
&nbsp;
Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license
&nbsp;
See omnystudio.com/listener for privacy information.

“Breaking the glass:” From family-owned Valerie Wilson Travel to a new homegrown initiative (feat: Kimberly Wilson Wetty)

Inspired by a listener question from travel advisor Megan Vatnsdal, owner of Onyx & Evergreen Travel, Trade Secrets explores what’s going on with travel agency bookings. Join co-hosts Emma Weissmann and Jamie Biesiada in conversation with Cruise Planners’ Michelle Fee and Oasis Travel Network’s Ryan Ranahan, who offer a birds-eye view of what their advisors are experiencing right now, for the rest of the year and even into 2027 and 2028.

This episode was sponsored by National Geographic-Lindblad Expeditions.

Further resources

Cruise Planners

Oasis Travel Network

Ryan Ranahan on LinkedIn

Need advice?

Email us: tradesecrets@travelweekly.com 

 

Theme song:

Sock Hop by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4387-sock-hop

License: https://filmmusic.io/standard-license

 

See omnystudio.com/listener for privacy information.

Inspired by a listener question from travel advisor Megan Vatnsdal, owner of Onyx &amp; Evergreen Travel, Trade Secrets explores what&rsquo;s going on with travel agency bookings. Join co-hosts Emma Weissmann and Jamie Biesiada in conversation with Cruise Planners&rsquo; Michelle Fee and Oasis Travel Network&rsquo;s Ryan Ranahan, who offer a birds-eye view of what their advisors are experiencing right now, for the rest of the year and even into 2027 and 2028.
This episode was sponsored by&nbsp;<a href="https://www.expeditions.com/">National Geographic-Lindblad Expeditions</a>.
<hr>
Further resources
<a href="https://www.cruiseplannersfranchise.com/">Cruise Planners</a>
<a href="https://www.oasistravelnetwork.com">Oasis Travel Network</a>
Ryan Ranahan on <a href="https://www.linkedin.com/in/ryan-ranahan-3b57988/">LinkedIn</a>
<hr>
Need advice?
Email us: <a href="mailto:tradesecrets@travelweekly.com">tradesecrets@travelweekly.com </a>
&nbsp;
Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license
&nbsp;
See omnystudio.com/listener for privacy information.

Are travel bookings slowing down right now? (feat. Michelle Fee and Ryan Ranahan)

The world of entertainment travel can be similar to both luxury leisure and corporate travel, but don’t be fooled: it’s really a beast of its own. This week on Trade Secrets, delve into the world of entertainment travel and everything it entails, from multimillion-dollar contracts and high security clearances to catering to multi-page hotel riders and booking transfers for dogs. Co-hosts Emma Weissmann and Jamie Biesiada are joined by MD Travel Services’ Michael Dovey, Travel Princess Inc.’s Wendy Nyi-Baylock and ALTx Collective’s Corey Slee, all advisors under Global Travel Collection’s entertainment division. This episode was recorded during GTC’s Arrive conference in Austin in June.

This episode was sponsored by National Geographic Lindblad Expeditions. 

Further resources

ALTx Collective on Instagram

Wendy Nyi-Baylock and Travel Princess Inc. on Instagram

MD Travel Services on the web and Instagram

Need advice?

Call our hotline and leave a message: 201-902-2098

Email us: tradesecrets@travelweekly.com 

 

Theme song:

Sock Hop by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4387-sock-hop

License: https://filmmusic.io/standard-license

 

See omnystudio.com/listener for privacy information.

The world of entertainment travel can be similar to both luxury leisure and corporate travel, but don&rsquo;t be fooled: it&rsquo;s really a beast of its own. This week on Trade Secrets, delve into the world of entertainment travel and everything it entails, from multimillion-dollar contracts and high security clearances to catering to multi-page hotel riders and booking transfers for dogs. Co-hosts Emma Weissmann and Jamie Biesiada are joined by MD Travel Services&rsquo; Michael Dovey, Travel Princess Inc.&rsquo;s Wendy Nyi-Baylock and ALTx Collective&rsquo;s Corey Slee, all advisors under Global Travel Collection&rsquo;s entertainment division. This episode was recorded during GTC&rsquo;s Arrive conference in Austin in June.
This episode was sponsored by <a href="https://www.expeditions.com/">National Geographic Lindblad Expeditions</a>.&nbsp;
<hr>
Further resources
<a href="https://www.instagram.com/altxcollective">ALTx Collective</a> on Instagram
<a href="https://www.instagram.com/travelprincess212/">Wendy Nyi-Baylock</a> and <a href="https://www.instagram.com/travelprincessinc">Travel Princess Inc.</a> on Instagram
MD Travel Services <a href="https://www.mdtravelservices.com/">on the web</a> and <a href="https://www.instagram.com/mdtravelltd/">Instagram</a>
<hr>
Need advice?
Call our hotline and leave a message: 201-902-2098
Email us: <a href="mailto:tradesecrets@travelweekly.com">tradesecrets@travelweekly.com </a>
&nbsp;
Theme song:
Sock Hop by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4387-sock-hop
License: https://filmmusic.io/standard-license
&nbsp;
See omnystudio.com/listener for privacy information.

Succession planning for travel agencies, part 2 (feat. attorney Tom Carpenter)

In 1 playlist(s)

Trade Secrets

Social links

Follow podcast

Recent clips