We hope you are enjoying the Thanksgiving holiday with family and friends! That’s what Dave and Shannon are doing this week, so we bring you one of our favorite interviews from last year with Gurjit Sing and Kevin Chou from the Gentleman’s Garage, a Turo based Small Business that focuses on renting exotic cars.
Enjoy the show and we will be back with you next week!
Chapters/Timestamps:
00:00:00 Small Business Show #198 for Wednesday, November 21, 201800:01:22 Small Business Show #141 October 18, 201700:02:58 Gurjit Singh & Kevin Chou – Using Turo as a Small Business platform00:05:03 It all starts with two Mustangs … and a BMW00:05:42 Turo covered the repair!Shift – online car buying and selling00:06:53 Beware the damage claims00:08:04 Think about how people will drive your vehicles00:09:15 Turo manages the risk00:10:03 Turo valet service00:10:37 Each car makes 2-3x monthly payment00:12:48 The logistics of management00:14:51 One-way fee00:15:58 With affluent customers, you’re managing an experience00:18:34 If you’re going to rent it out, don’t buy new!Certified Pre-Owned works very well for Turo00:21:40 Managing the fleet – new cars, selling cars, registrations00:22:55 The bankers slow you down!00:26:03 Did making it a business ruin your hobby?00:27:01 “The cars are still a thrill to drive”Converting to a membership business00:29:02 Visit Gurjit and Kevin’s The Gentleman’s Garage on Turo… and Facebook00:30:15 SBS 141 OuttroThe post Small Business Show 198 – From the Archives: Gentleman’s Garage on Turo interview appeared first on Business Brain - The Entrepreneurs' Podcast.