If you're reading these lines we are sure that you have an entrepreneurial spirit and a desire to enter the world of investments (if you haven't already), as what we will tell you here is a good starting point to begin generating those famous passive income streams or making your money work for you as so many business books describe.
Entrepreneurship is more of an attitude than a quality, one that can be cultivated and improved over time, all you need is a positive attitude and a genuine desire to grow and learn.
My beginnings as an entrepreneur were like most cases, I wanted to stop working selling my time and knowledge to sell a product or service, that is, working toward freedom not only financial, but also seeking freedom in the most precious thing we have in this life, time itself.
My first decision to change after listening to countless business personalities was to start nourishing myself with knowledge, so I created a weekly reading habit that would help me gain that knowledge or that mental openness I needed, to see what is out there, but is not visible to the naked eye, that is, business.
My reading recommendations as a starting point for thinking "outside the box" are: "Rich Dad Poor Dad" (Robert Kiyosaki) – "Cashflow Quadrant" (Robert Kiyosaki) – "The Lean Startup" (Eric Ries) – "Contagious" (Jonah Berger) – "Think and Grow Rich" (Napoleon Hill), among others.
After reading these and other books you finally realize that the possibilities of creating businesses with little capital are everywhere, and that is why in this article we tell you why creating your own Rent a Car with Rentennials can be one of those paths toward your financial freedom.
If you are over 20 years old, it is very likely that you already own a vehicle, and past 40 more than one, which we often use only on weekends to go out and enjoy with family, meaning we have unproductive capital sitting idle most of the time.
It is estimated that the average monthly expense of a 2015 model vehicle can be up to u$180.00 when considering insurance, registration, mechanical maintenance, fuel, etc., so it doesn't sound like a good deal, does it?
- Read the article about «How to take care of the wear and tear on your vehicle».
Now, imagine that your vehicle stops resting long hours in your garage and goes to work, that is what great investors and business people do, they make their capital work for them, allowing your vehicle to now generate up to u$d 800.00 per month, covering not only the expenses but also enabling you to save and reinvest your income.
So, why do we say this is an excellent investment? Think about it, the initial capital (vehicle) does not lose its value or depreciates at a very slow rate, while generating returns higher than a fixed term deposit, apartment, or conservative investment fund, it is even better than keeping your savings in dollars, and this is not something we say, it is said by the thousands of people who put their vehicles to work on different platforms around the world.
Now it is your turn to take the leap and start walking the exciting path of the entrepreneur, where what you gain is always more than what you lose, but not everyone is willing to face it, so… Are you ready to take on the challenge?
Download our app and find out everything you need to rent out your vehicle or to become part of the Renntenials family. What are you waiting for?
