#513 - Man Buys Tesla, Rents It Out to Cover Monthly Payments
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 28 May 2018
⏱️ 10 minutes
🧾️ Download transcript
Summary
When an Ontario man finds himself dreaming of a car he can’t afford, he buys it anyway—then rents it out half the time to earn an extra $15,000 in 2017.
Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are. Share: #SideHustleSchoolShow notes: SideHustleSchool.comTwitter: @chrisguillebeauInstagram: @193countries
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Transcript
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| 0:00.0 | Hey there, what's up? Welcome back. This is a brand new week on Side Usual School. I am your host, |
| 0:09.7 | Chris Gillibot. Episode 513 with you here, and I could not be more excited to bring it to you. |
| 0:14.6 | Then I am right now. Got some great stuff coming up this week. I'm so glad you're joining me for it. |
| 0:19.7 | Now, let's begin with the principle. Like, right off the top of the bat for the week here. |
| 0:23.4 | The principle is there's usually more than one way to get what you want. |
| 0:26.5 | I think this is true in all kinds of areas of life, but of course today we're going to illustrate |
| 0:32.5 | that lesson through a story. Now, this is a great story. I really enjoyed this when I first heard |
| 0:36.5 | about this. I was like, why do more people not do this? Okay, so perhaps it's going to give |
| 0:40.5 | somebody an idea out there. Also, today's story represents the kind of creative thinking that I |
| 0:44.5 | like to highlight on the show, which is a major reason why I started this whole thing, |
| 0:48.5 | you know, 513 days ago, approximately. It's not just about making money. I mean, it is a big |
| 0:54.5 | gift about making money. I mean, it is about making money, right? Like every day we're talking about |
| 0:58.5 | making money, but that's not all. Like, if you can learn to think creatively and ask what's another way to do this, |
| 1:03.7 | how can I accomplish my goal some other way? Like, whatever your goal is, you can accomplish so much in life |
| 1:08.9 | by asking yourself that question and pursuing different answers, going down different paths. |
| 1:13.2 | Like, this is a new reality you can construct for yourself. So get excited. What do you want? |
| 1:17.6 | What's the traditional way of getting it? And what's another way of getting it? |
| 1:22.0 | But now for today's story, have you ever wanted to drive a Tesla, like a Tesla automobile, |
| 1:26.4 | but don't have a spare $130,000 to buy one? Well, that was the situation. One Ontario couple |
| 1:31.8 | found themselves in about a year and a half ago. And they decided to go ahead and get the car anyway, |
| 1:35.9 | then rent it out on the pure sharing service Turo to help cover their payments. |
| 1:40.7 | Okay, so that's the short version. They buy a car and then rent it out to cover their payments. |
... |
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