How A Bad DMV Experience Inspired Jonas Frey's Multi-Million Dollar Business

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 27 August 2024

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

When today's guest talks about his business, you're going to wish you started it. Today, Nicole is talking to Jonas Frey, who founded Appointment Trader— a company that buys and sells coveted reservations at restaurants, on golf courses, and more. Nicole and Jonas talk about how Jonas used rent money to start this company, how the DMV inspired his business idea… and what the critics are saying. Check out Appointment Trader here: https://appointmenttrader.com/ All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Brokerage services for treasury accounts offering 6-month T-Bills are offered by Jiko Securities, Inc., member FINRA & SIPC. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value. Brokerage services for Regulation A securities are offered through Dalmore Group, LLC, member FINRA & SIPC. Risks at public.com/disclosures/alts-risk-and-conflict-of-interest-disclosure See public.com/#disclosures-main for more information.

Transcript

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0:00.0	By low, sell high. It is such a simple concept, but not necessarily an easy concept.
0:06.5	Right now, high interest rates have crushed the real estate market. Prices are falling
0:11.0	and properties are available at a discount, which means that Fundrise
0:14.9	believes now is the time to expand the Fundrise flagship funds billion dollar real estate portfolio.
0:21.7	You can add the Fundrise flagship fund to your portfolio in just minutes
0:25.4	and with as little as $10 by visiting Fundrise.com slash money rehab. That's F-U-N-D-R-I-S-E dot com slash money rehab. That's F-U-N-D-R-I-S-E.
0:33.8	dot com slash money rehab.
0:35.4	Carefully consider investment objectives, risks, charges, and expenses of the Fundrise flagship
0:40.4	fund before investing.
0:42.1	This and other information can be found in the fund's
0:44.4	prospectus at fundrise.com slash flagship. This is a paid advertisement.
0:49.2	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
0:56.0	It's time for some money rehab. There are some businesses that are created to solve a problem and you think,
1:09.1	man, that opportunity was right under my nose.
1:12.0	I knew that was a problem and I could have solved that problem and made so much money.
1:16.0	Well when I tell you about this business, you are going to have one of those moments, because I did.
1:20.0	Today I'm talking to Jonas Frey who founded appointment trader.
1:23.0	It's a company that buys and sells coveted reservations at restaurants on golf courses and more.
1:28.0	Today we talk about how Jonas used his rent money to start this company,
1:31.5	how the DMV inspired the business idea, and what critics are saying.
1:35.2	And honestly, this might be my new side hustle, so if you're in the market for one, stick with me.
1:42.3	Jonas Frey, welcome to money rehab.
	...

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