428: Hot Tub Cash Machine: Zero to $1000s a Month

Published: Jan. 21, 2021, 10 a.m.

b'You\\u2019ve heard of\\xa0Hot Tub Time Machine, but how does Hot Tub\\xa0Cash Machine\\xa0sound?\\nThat\\u2019s effectively the business model this week\\u2019s guest, Steve Nadramia.\\nSteve is a high school history and economics teacher in New York, and a listener of the show.\\nHe reached out after our\\xa0Thanksgiving episode, which touched on renting out attic space and even camper vans and semi-trucks as potential sources of recurring revenue.\\nHis unconventional rental business?\\nPortable hot tubs!\\nSteve started a hot tub rental business to replace his summer job income, with the goal of earning $1000 a month. Today, he\\u2019s got 25+ tubs in his \\u201cfleet,\\u201d delivers them with his pickup truck, and is doing thousands of dollars in bookings every month.\\nSteve explained renting hot tubs is quite common in Europe, but doesn\\u2019t have much competition in the US yet.\\nTune in to hear:\\n\\nhow Steve got the idea for this business\\n\\nhow he\\u2019s marketed and grown his business\\n\\nthe logistics of how it all works\\n\\nWant more unconventional rental ideas?\\nFull Show Notes and PDF Highlight Reel:\\xa0Hot Tub Cash Machine: Zero to $1000s a Month\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'