Making Money from Liabilities

Send us Fan MailHow much money are you wasting on a car that sits in your garage?Today we have Greg Martel, the founder of the online-car sharing platform carSHAiR. What's unique about his business is he lets car owners turn their liabilities into revenue.He describes how he identified a problem in the industry and overcame challenges faced by car rental companies.Take a look at this week's episode to learn more about this unique business. Hopefully you'll be inspired to come up with something of your own, too.So check out this episode! What we discussed in this episode:Introduction [0:00]Unpacking the idea of the business [01:19]Rental properties vs. real estate [3:58]How does a unique car rental like Greg's work? [07:45]What are some of the things that Greg put in place to avoid some issues? [11:47]How does one know if they're going too fast [13:36]What's the pros and cons of the business? [15:24]You can charge $100 a day or $150,000 a month for your car [19:04]Status of Car SHAiR [20:27]About Our Guest: Greg Martel is an entrepreneur and businessman. He founded Shop Your Own Mortgage in 2016 as a solution to the persistent problems he was seeing with the mortgage industry. Greg has been CEO in several other startups in different industry verticals; not to mention invested in several companies along the way. Greg created carSHAiR, an online car-sharing platform that lets car owners turn a liability – their cars – into a source of income.Greg’s passion for business has allowed him to see what’s missing out there, what’s not being offered to individuals and businesses; and this is where he makes a difference.Reach out to Greg by sending him an email at [email protected] or send a DM on their Instagram. Resource Links:Your Social Voice Website (https://www.yoursocialvoice.com.au/)Become the Mogul of your industry (https://www.mogulcall.com)Join our Mogul Mastermind (https://www.mogulmastermind.com.au/)SHAiR Website (https://www.carshair.com/) Connect with The Kim Barrett Show:Subscribe on YoutubeFollow Us on Facebook Thanks for checking out today’s episode! Be sure to tune in for the next one, subscribe, and share this podcast.See omnystudio.com/listener for privacy information.Resource Links:⏩ Your Social Voice Website (https://www.yoursocialvoice.com.au/)⏩ Join our Mogul Mastermind (https://www.mogulmastermind.com.au/)⏩ Join our Free Facebook Community (http://www.joinmygroup.com.au/)Connect with Kim Barrett:⏩ Follow Us on Facebook https://www.facebook.com/mrkimbarrett⏩ Follow me on Instagram https://www.instagram.com/realkimbarrett/⏩ Follow me on TikTok https://www.tiktok.com/@realkimbarrettThank you so much for listening! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.