Strategies To Building A Successful Private Car Rental Business - Mike The Business Man #387

Goodness gracious excellent podcast!

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They need pick up trucks in the country NC I'm in

"He was managing projects, trust me" a hood proverb.

Love love Social Proof.🤎🤎

Such great questions David. Thank you for encouraging this brother to give a play by play of his rebuilding eras. It's important for us to hear ppls stories of how others persevere with gritty resilience. Excellent Episode

still use needs turo folks… plus do your own marketing.

Why Dave put himself as person that needs his clients services so much…

David when you said you were thinking the older lady shouldnt be buying the tshirts and you said do you think I said that out loud lol omg I was buggin mane u a comedian bruh

Hey! Just wanted to say, major kudos on rocking your car rental biz against all odds – seriously impressive! Your ability to bounce back and adapt is shining bright.

BTW, got me thinking – what advice would you give newbies kickstarting their car rental journey? Especially about sussing out sketchy stuff with clients. Your nuggets of wisdom would be pure gold for those stepping into this exciting business!

Crazy, I knew he had to be Nigerian ✊🏿🇳🇬

Really loved this one! It's aspirational to here from ppl who are successful and content but not so far out of reach.

The continuous message and effort to strive for the next thing is exhausting

David this was a fantastic interview,love how you went into the ethical portion of the video and how you kept it real when your guess asked " have you ever worked on a golf course" as if that's an everyday question 😂
I love that today's guest also did t talk about increasing his fleet to 100 rental cars, he simply said " I've got enough". Too often entrepreneurs start another rat race and bite off more than they can chew when they constantly scale

This was so helpful!

Lula is $250 each car now and 5 cars minimum

So what you're saying is you are the real Akon😂😂😂😂😂💪🏾💯⬆️🔥🔥

they all sound the same. Now i usually skip through the Podcast now a days.

Ok this was my second favorite episode...so many gems 💎 I will most definitely buying his course.

I thought Exotic Car Rental was owned by Enterprise Car Remtal.

Love the free game

Good stuff Mike!

Yo, he is NoCap I went out I got seven vehicles on personal. I got seven vehicles I’m managing and Turo it’s the route if you do cash cars don’t be getting no finance cars on your credit. I did personal credit I did it for 30 cars 3030 Day Challenge Way and I got smoked and I’m getting smoked right now and it sucks because it’s ruining me, yes it’s bad on my end and that is my fault. I swear I didn’t do enough research by the same time he’s Internet gurus bro the All of them every single last one is cap we look at these Internet gurus as essentially teachers, therefore, we watch them enough we think they’re giving enough free game. We trust them, so we listen we start listening to what they’re saying as if they were a mentor, and yeah, the free game don’t get you paid but at the same time you can’t be listening to these mentors, these Internet gurus they’re not mentors

Definitely an amazing interview.

Aye dave where you find this dude and he is a hustlers hustler

Dave, said a 2 thousand dollar blunt 😂😂😂😂😂

What about the financing instrument that may have restrictions on renting the vehicle for commercial purposes?

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💎…. Level your social currency….

Dave make theses shows for his come up 😆

What are you using to vet your renters? This is what leads to hesitation for me..

This was a good one

I've been doing car rentals for awhile and I needed to hear some of this game

One of the best pod cast episodes I’ve watch out all the podcasts I watch.

One thing about Lula insurance is that you need a minimum of 5 vehicles to begin a policy.

Dave do fit in a lambo tho.

The best thing about renting is no maintenance

How come no one has a muscle car rental business. Cars and trucks from the 60s and 70s. Think of the iconic cars. Mustang Bullet Steve McQueen, gone in 60srconds mustang, fast and furious Charger, dikes of hazard Charger, Smokey and the bandit on and on. Then just smooth big sound, big engine muscle cars. Way lower overhead and can update with new electronic reliable engines and be just as fast if not faster than luxury cars. Restore them for way less and rent them out. Seems way more logical. Can even let people pick the different wheels for the cars.

His mindset is just as bad as the Nigerian policeman and government he was mad at

I don’t know why ppl rent instead of buy, but from a talk with a person that put me on.. best answer is that every persons reason is different but it’s validated in their mind. Long story short don’t question the revenue lol

This guy is speaking some game lol the 2 tracker plus the AirTag 😂 he needs to stop talking

Curious why the shades on.

Mike is definitely a businessman and a good mentor. HOWEVER Mike would no longer suggest using LULA.

Man you play too much that shït was disrespectful to make a phone call while bro was talking then the fact you had that Range Rover sitting up after you had PushManMitch and Him500 on your podcast and he telling you he learned from your shït make it seem like you don’t practice what you preach

I am born African man raised in the USA (Brooklyn and BX) and honestly this man gives me the impression of a true con-artist who knows how to scale well and sale jail sentences to people that read in frail. The eyes is the window to the soul guys. I am happy with brothers and sisters specially those who come from the continent that birth me but I have to speak to ALL black and Brown when I talk like this. It hurts and my opinion is my own please I am not asking for lip wrestle. The story of his business in Nigeria 🇳🇬 paying the police staff sounds very bogus, one needs government ties which he said his dad had. Notice he mentioned it came to a halt due to change in leadership, well that’s because these things are all payola based (scamology at its best) that’s the whole of Africa and the carribeean. Also, the corporate job as a VP with a 10K bonus and $125K salary at a no name bank 🏦? Ahhh let’s just say he was keeping that confidential. Clearly he knows how to buy and sell a business, he briefly mentioned that (hint), buying a slew of expensive movable chattels that he claim do not depreciate is bad information due to “deflation (decline of prices of goods and services in the market supply and demand determine that and other things, even homes depreciate,, hell even physical currency does also due to inflation (reduction of value of currencies over time). Hiring a business coach is one thing, hiring a business data analyst for Consulting purposes is another. Seem like he know how to crunch so numbers.

He hit some strong points and dropped some great gems like the insurance but a lot of things comes with insurance and private renting. You will NOT make money in your sleep, your cars are your babies and you must baby sit. This guy was a loan shark, that means a lot. But more power to him, good or bad it’s good for the culture

I think he is gaming David.

Basically he’s a middle man between the car owner and the car renter, takes his cut insurance pay for the damages or whoever the car is registered ®️ under (what happens in a case of casualty? Who take the hit hope y’all owning these cars because he is keeping his debt to income low using your vehicle to make money so of course he can’t drive it 😂 my man. These kids would fall for anything if they hear big money talk. Smh

I'm NOT TRUSTING THIS THR SAME THING CAN HAPPEN AGAIN

Making calls while on the pod is kinda tacky. Guest was spitting bars tho