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The Side Hustle Show

564: $3k a Month Renting Out Mobility Scooters Part-Time

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.71.6K Ratings

🗓️ 4 May 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

I love a good rental business: buy something once and get paid for it over and over again. It’s a cool model, and this week’s guest found a creative approach to it in the mobility scooter niche. Lenny Tim from LAMobilityScooterRentals.com is a serial side hustler and entrepreneur involved in the e-commerce and YouTube space. He built his scooter rental to $3k a month in his spare time. Tune in to the Side Hustle Show interview to hear how: Lenny discovered his niche found his first customers expanded his fleet and operations Full Show Notes and Bonus PDF: $3k a Month Renting Out Mobility Scooters Part-Time

Transcript

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0:00.0

It's a cool model and my guest today has a really creative approach to it in the mobility

0:23.5

scooter niche building it to three grand a month in his spare time from L.A. mobility scooter rentals.com

0:31.3

and there's an exact match domain Olenny Tim welcome to the side hustle show thank you so much Nick we're

0:36.8

happy to be here you bet so Lenny's a serial side hustler serial entrepreneur involved in the

0:42.4

e-com space involved in the YouTube space you can check out his channel over there it's the struggling

0:47.1

entrepreneur willing get up in the show notes but stick around in this episode to learn how Lenny

0:51.2

discovered his niche how he found his first customers and how he's grown and expanded his fleet

0:56.4

of scooters and the operations surrounding that if you like this model i've got a listener only bonus

1:01.2

for you this week it's my list of 25 other unconventional rental ideas these are other products

1:06.8

people are renting out for a profit you can download that for free at the show notes for this

1:10.8

episode at side hustle nation.com slash olenny or just follow the show notes link in the episode

1:16.8

description. Lenny i want to start with the kind of demand validation phase because you went about

1:22.3

it in an interesting way wasn't like i have got these things sitting in my garage let's see if anybody

1:27.0

would rent them it was like no let's see if anybody wants to rent these things first and then go

1:31.5

out and find the actual inventory for it he talked me through that process a little bit.

1:36.3

when i came up with the idea it was back in 2019 my first thing was to just build a website just to

1:42.6

see if there's a demand i wanted to see if there's a demand for these scooter rentals

1:48.0

i didn't go out to buy an equipment i didn't do anything like that so that's pretty much high

1:53.6

started just to build out a really nice website just to see if i'm getting customers if people are

1:58.9

going to call if people are going to make any requests before actually go out and buy anything

2:03.9

or commit to the business okay so you put this thing up send it out into the into the

2:09.8

office of the internet does anything start to come back or at what point do you start to get

...

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