0:00 What I love about small rental business is you can start easily with very little capital and you have an asset that you can rent out again and again. You're not selling something and then you have to go source more goods. I started looking for boxes and found Tote Rental was a thing. Worst case, we have totes for the rest of our lives. Best case, the thing takes off and we need to go buy more totes. We immediately had to buy another 120 because we over booked. And the rule is we only buy when we oversell.
0:30 >> What do you know about the rental business? Not real estate rentals, but renting other stuff. Moving totes, podcast studios, RV rentals. Well, I met a guy from Fort Wayne, Indiana that does all kinds of different rental businesses. He's a multipreneur. So, I sent out a poll to my audience and said, "What types of rental businesses do you want to learn about?" You guys told me loud and clear. And so, I found a guy that's running businesses in these spaces. The rental business is great because it's low overhead. You learn a lot of different skills while doing it. You can scale it. You can use platforms to grow it like RVshare, Outdoorsy, or
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