The biggest thing for business is making sure you have disclaimers, liabilities and forms aligned. I damn near got sued when I was in business (I'm in CA aka The Sue State). Which also brings me to next point #2: make sure you structure your business properly (ie LLC, sole proprietor, incorporated etc). Then #3: get licensed, bonded and insured
great content, not starting a business anytime soon but good info! don't care about the mic quality, he's speaking off the cuff, he's literally offering help for anyone who needs it, that's awesome , solid guy
It appears the issue with the mic is that it’s on his undershirt and not the hoodie. When his throat hits the mic from his movement the audio goes bad. If it was on the hoodie it would be immune to his movements
Sorted has been the biggest balls up. 4 days ago Rob said it would be up “tomorrow”. Seeing how he signs off every video with “see you tomorrow” and we don’t see him for a while. I think his “tomorrow” mean 7-14 days. I understand he is a VERY busy man but give it to Hartford to upload etc! Then it might be consistent. I think every episode the views have been less and less! I don’t think that would have been the case with reliable uploads. Oh well....pretty sure it won’t be back after this season!
In addition to determining whether a market exists and how big it is, you also need to determine what competition exists - not just other exotic car rentals, but car rental companies in general and car "lending" like Turo - then determine how you are going to compete and how much of the market they are going to leave you. IMHO the exotic car rental business has too many probable big risks. It can be reasonably expected that most renters will "put the hammer down" at some point and given that most renters will not have had any experience with high powered vehicles it is quite probable bad (and expensive to fix) things will happen.
@@JF-ns5zs To each their own. I own a couple businesses, and know why people do Montana plates... While it may be technically legal, it depends on how your insurance sees use, garaged, etc etc if something happens and a claim is filed. Maybe Rob’s insurance has more flexibility than mine. Either way, love the channel rob, just had to give you some flack! Glad you made it through the rona slow down.
@@whitetruck03 there is no to each is own for this, its either legal or illegal and its legal. The problem is the insurance claims for crashes and certain areas cop will harass you. Theres a right way to do it and i guess rob knows it but he wont ever tell
@@paladin3116 yes its completely legal its just the insurance claim in the event of the accident the insurance company will try to avoid paying. Rob probably has the right insurance, maybe a cheap trailer in montana that he can use as a residence, that llc thing or both. Theres a right way to do it but you have to know all the steps but he probably wont ever tell us because if the info gets out it would be easier to crack down on people who do it. I want to do it but i need to get all the info that i can. Its simple if you had it for a cheap daily and if a crash happened and no payout from the insurance company it wouldnt matter, toss the car and get a new one but more expensive ones idk.
@@Kyle-gd3cw Also i think the car has to be in the state for a certain amount of time like 60-90 days or something like that maybe he moves the cars around
Starting an exotic rental company seems a lot like trying to start an airline. Significant barriers to entry, high operating costs, fickle demand, and a customer base that shops almost exclusively on price. Yet people want to start them because it seems like a flashy and sexy business. You want to get involved in cars you're better off starting a buy-here-pay here lot and flipping volume making money hand over fist.
I love the business videos. You should do more on car-related business such as repair shops, tire shops, detailing, etc. with successful people in these areas.
Because the video has horrible audio, I will break down the video in a couple of sentences: Research the demand in the area. The business must own the cars (don't borrow). Get renters insurance (start with cheaper cars - sub 100k as they are easier to insure). Don't buy E-books on how to start exotic car rental business. Ask Rob specific questions of problems and he will help you. That's basically it.
You have given very invaluable information, specifically concerning insurance which is where I see a lot of these gurus cutting corners on by passing the liability in some for or another to everyone else. What also got my attention was that they use a lot of creative ways of renting the vehicles, such as renting other's vehicle. I wasn't aware of this being legal at all but it's practiced. Thank you again for sharing and providing this info.
Btw you could always donate the proceeds to charity. It at least weeds out the 10 year olds and protects your time. If they're willing to pay up they're more likely to be serious about it.
Mr spaghetti taught me I need to have money or find someone to give me money. Then I use that money to make the monies... and spend it to make more monies. Thank you Mr Spaghett!
Thank you for the information, as well as making yourself available to help out. I plan to take you up on the offer to answer specific questions when I've done enough work to have specific questions
You said the exotic rental company doesn't make money, how when you have three million dollars worth of cars that's a lot of down payments and monthly payments please explain? Plus you had a warehouse that you built that takes money.
Thank you....so much. I can't tell you how long I've been waiting for this. I've been wanting to start a business like this for years and years and all I get is people saying I can't do it or it won't happen. I just need help starting a business model.
Please reach out to me when your finished with any rentals and your ready to sell. PORSCHE especially. If you can, do a video on a car dealership. I'm having issues getting good inventory right now w everyone running vars in the auctions. And the fees are insane now.
Thanks for the video. I'll be starting a business soon so I'm looking forward to the series. Hopefully I'll be able to afford an adventure drives ticket when the time comes.
Bravo Rob! That is awesome that you are actually willing to take your time and help your viewers one on one via email, or even more. I've always been on the fence as to whether, or not you're a decent human being. Well.. That's a super decent thing you're doing. I'm leaning toward yes now. Don't blow it. 😁
Hey, Rob whats the best way to secure funding to purchase 5 cars in a high net worth area, say CA, OC, I bought a few cheaper end supercars during the pandemic and rented them through turo but I vetted the renters myself on top of what turo had, but I didn't feel good given them so much cut off my pie. Thanks for the input.
My interest in cars rentals has been on hold for a long time, but I need to learn a lot more before getting into it. The truth is, Rob, I learned a lot from you, and I was drawn to your videos because of the way you delivered your tips (honest and straight to the point). I have a question for you today, Rob. What is the budget for marketing on Adsense, for example, on an annual basis? Thanks
I'm so sorry to bother you Rob. Out here in somerset Kentucky we have something called summer night cruise. A lot of people have nice old school cars that they show off as they drive em up and down the strip.. with that being said. A LOOOOT of people sit with their kids and friends on the sides of the strip WISHING that was them... I think it would be another place you could set up shop. I just hope you check it out. There are plenty of people who come out here from Ohio because of the lake in somerset Kentucky.
And everyone else that lives here just gets to watch as they all take over the city... and we all get jealous cause we can't afford to buy one but the rental idea isn't too far off. I was also thinking of an idea for a membership... monthly and yearly.. I think that it would take off here.. yes your cars will get more mileage.. but the membership means everyone would do it because they can afford it. They don't have to be all luxury. Just nice cars. I promise you will get a lot more revenue in somerset too. I'm just saying you should look into it.. I'm not a businessman. And I barely know anything about that side of it. But I promise this is a great spot.
If you would like... the beginning of the season is about to start and I will walk around and get opinions from multiple people watching cars on the strip. And I will even go to the marinas in case you would like to branch out to houseboats.
Rob, this video is right up my alley. I have some questions on your view of the market and if my idea makes sense. I’d love to contact you and get your opinion.
Today Mr. Spaghetti's audio sounds like he's still in the pasta water.
Lmfao
Haha. Fantastic. I was going to say Mr Spaghetti uses a meatball as a microphone but yours is 10x better.
lol, blub, blub...
Yessssss
This guy is dropping real info and your worried about the mic. Troll go buy that 500$ ebook😂
Today mr spagetti tells us how he made his meatball empire
The joke that will NEVER end 😂
Yep
I thought I was having a stroke. But no. Its just Robs mic.
😂
Today Mr. Spaghetti teaches us how it sounds when you treat your microphone like a tasty meatball.
The biggest thing for business is making sure you have disclaimers, liabilities and forms aligned. I damn near got sued when I was in business (I'm in CA aka The Sue State). Which also brings me to next point #2: make sure you structure your business properly (ie LLC, sole proprietor, incorporated etc). Then #3: get licensed, bonded and insured
I’m in Vegas trying to get into this I need some insurance companies ideals if you have any
>how to start a serious business, uploaded by a great businessman
>terrible audio
>rob fix your pasta please. love your content still
Today Mr. Spaghetti uploads another video that's NOT sorted.
thank god.. nobody wants to see that shit
oh my god ill wait for the reupload
the audio has so many issues
shoutout Sean ranklin
LMFAO
Next how-to video: proofing your audio before publishing?
WTH?
I haven’t even watched the video yet but from the look of the comments , FIX THE AUDIO, Mr Spaghetti !!!! Lol
great content, not starting a business anytime soon but good info! don't care about the mic quality, he's speaking off the cuff, he's literally offering help for anyone who needs it, that's awesome , solid guy
How to fix your mic should be next
Lol
Has anyone mentioned how bad the audio sucks yet?
don't think so
dont be cheap bro.... get the salt wall
God, a personality that is watchable and isn’t filled with cringe. Thank you, sir.
You don't need to know which way up to clip your lav mic to start an exotic car rental business.
“Exotic Car Hacks”....the slimiest guy on TH-cam...
he even has the slimy look
Tai Lopez just got offended.
His advice works for all types of business... feel free to take his advice or not thats all you
@@BaioWithMayo triggered
@@paladin3116 I aim to trigger I guess?
Ive been convinced. Im off to buy umbrellas
I loved when you were the teacher on Charlie Brown.
What GPS companies do you use?
What rental management software do you use?
How do you manage your calendar to not double book cars?
Great questions
It appears the issue with the mic is that it’s on his undershirt and not the hoodie.
When his throat hits the mic from his movement the audio goes bad.
If it was on the hoodie it would be immune to his movements
Where is SORTED??
The inconsistent uploads are awful. I hope it’s hobby and not a revenue stream.
Sorted has been the biggest balls up. 4 days ago Rob said it would be up “tomorrow”. Seeing how he signs off every video with “see you tomorrow” and we don’t see him for a while. I think his “tomorrow” mean 7-14 days.
I understand he is a VERY busy man but give it to Hartford to upload etc! Then it might be consistent.
I think every episode the views have been less and less! I don’t think that would have been the case with reliable uploads. Oh well....pretty sure it won’t be back after this season!
In addition to determining whether a market exists and how big it is, you also need to determine what competition exists - not just other exotic car rentals, but car rental companies in general and car "lending" like Turo - then determine how you are going to compete and how much of the market they are going to leave you.
IMHO the exotic car rental business has too many probable big risks. It can be reasonably expected that most renters will "put the hammer down" at some point and given that most renters will not have had any experience with high powered vehicles it is quite probable bad (and expensive to fix) things will happen.
10:32 - “do everything by the books”
- in the background - corvette based in NJ with Montana plates.... lol
It’s technically legal so it is by the books
@@JF-ns5zs To each their own. I own a couple businesses, and know why people do Montana plates... While it may be technically legal, it depends on how your insurance sees use, garaged, etc etc if something happens and a claim is filed. Maybe Rob’s insurance has more flexibility than mine.
Either way, love the channel rob, just had to give you some flack! Glad you made it through the rona slow down.
@@whitetruck03 there is no to each is own for this, its either legal or illegal and its legal. The problem is the insurance claims for crashes and certain areas cop will harass you. Theres a right way to do it and i guess rob knows it but he wont ever tell
@@paladin3116 yes its completely legal its just the insurance claim in the event of the accident the insurance company will try to avoid paying. Rob probably has the right insurance, maybe a cheap trailer in montana that he can use as a residence, that llc thing or both. Theres a right way to do it but you have to know all the steps but he probably wont ever tell us because if the info gets out it would be easier to crack down on people who do it. I want to do it but i need to get all the info that i can. Its simple if you had it for a cheap daily and if a crash happened and no payout from the insurance company it wouldnt matter, toss the car and get a new one but more expensive ones idk.
@@Kyle-gd3cw Also i think the car has to be in the state for a certain amount of time like 60-90 days or something like that maybe he moves the cars around
Surprised I’m not seeing any comments about the damage on the C8. Looks like it got t-boned or slid into a pole
This is a mindgame from rob spaghettio to buy his E-Book, instead of listening to this underwater microphone, its torture!
Starting an exotic rental company seems a lot like trying to start an airline. Significant barriers to entry, high operating costs, fickle demand, and a customer base that shops almost exclusively on price. Yet people want to start them because it seems like a flashy and sexy business. You want to get involved in cars you're better off starting a buy-here-pay here lot and flipping volume making money hand over fist.
I love the business videos. You should do more on car-related business such as repair shops, tire shops, detailing, etc. with successful people in these areas.
Because the video has horrible audio, I will break down the video in a couple of sentences: Research the demand in the area. The business must own the cars (don't borrow). Get renters insurance (start with cheaper cars - sub 100k as they are easier to insure). Don't buy E-books on how to start exotic car rental business. Ask Rob specific questions of problems and he will help you. That's basically it.
Directions unclear. Started exotic cat rental business. I typo’d my LLC
Rob I have no interest in exotic rentals but I had to listen anyways. Thanks for always being an honest guy.
You have given very invaluable information, specifically concerning insurance which is where I see a lot of these gurus cutting corners on by passing the liability in some for or another to everyone else. What also got my attention was that they use a lot of creative ways of renting the vehicles, such as renting other's vehicle. I wasn't aware of this being legal at all but it's practiced. Thank you again for sharing and providing this info.
13-14 minutes... 🤣🤣 over 20 fire video boss love your business mindset
Rob is about to hit 800k!! I waited 4 years for him to go from 700k to 800k lmao
Okay, was it just the angle/lighting, or is the Corvette's LR fender crunched?
I noticed that too! Looks bad
I thought it was just the lighting.
Do you listen to this stuff before you post it? Doubt it.
You should charge people for coaching calls at least. Your advice in that space is very valuable.
Btw you could always donate the proceeds to charity. It at least weeds out the 10 year olds and protects your time. If they're willing to pay up they're more likely to be serious about it.
Ahhh, the audio quality takes me back to mid 90's MP3s
Mr spaghetti taught me I need to have money or find someone to give me money. Then I use that money to make the monies... and spend it to make more monies. Thank you Mr Spaghett!
Thank you for the information, as well as making yourself available to help out. I plan to take you up on the offer to answer specific questions when I've done enough work to have specific questions
Would you recommend starting a car rental business if you know nothing about car mechanics?
In this episode Mr spaghetti shows us what his microphone sounds like after it’s dipped in the sauce
I rent out party buses in Las Vegas and our business is similar. The insurance is the largest expense.
The real question is why would you want to start a business that even Hertz couldn’t make work?.......
great info, bad audio :(
Great video Do you recommend doing it as an llc company ? Cat can be for rent if you asked for a loan and you are paying it monthly ?
You said the exotic rental company doesn't make money, how when you have three million dollars worth of cars that's a lot of down payments and monthly payments please explain? Plus you had a warehouse that you built that takes money.
What is the name of your buisness/ starting a rental playlist
Here we go!
so when do we get the remake of this video with better audio.
Thank you....so much. I can't tell you how long I've been waiting for this. I've been wanting to start a business like this for years and years and all I get is people saying I can't do it or it won't happen. I just need help starting a business model.
Love the biz input Rob. Hopefully someone sends a business in for review!
Are you driving down a Teaneck side street or is that just bad audio
Could you do a video on how to film a TH-cam video with good sound quality?
Please reach out to me when your finished with any rentals and your ready to sell. PORSCHE especially. If you can, do a video on a car dealership. I'm having issues getting good inventory right now w everyone running vars in the auctions. And the fees are insane now.
Today Mr Spaghetti starts off the video by showing us how to keeps our sauce spicy
Which car I should buy for new rental exotic cars thanks
Thank you. Subscribed
What is the best way to push social media for advertising ? I have three companies and I struggle in this department.
What’s some insurance companies to look at
Thanks for the video. I'll be starting a business soon so I'm looking forward to the series. Hopefully I'll be able to afford an adventure drives ticket when the time comes.
Did you start your business yet? What type of business is it?
"I'll tell you HOW TO DO IT how to ₛₜₐᵣₜ ₐ ᵣₑₙₜₐₗ 𝒸ₐᵣ COMPANY AND I'm ᵍᵒᶦⁿᵍ ᵗᵒ ᵈᵒ ᶦᵗ ᵃˢ one TAKE"
Rode shotgun mic with gain edging on red for your audio level and a -6dB limiter in post if necessary.
This was easily the best and nicest videos I’ve seen bro. If he released a book or course, I’d be first in line. Thank you Rob
Start an exotic car rental company ✅
Attach a lav mic correctly ❌
Thats cool and all, but how do I get my 90s shitbox on sorted?
Looking forward to that new business related video. By the way did you ever find the FedEx driver to give him the bottle of whiskey 🥃
Rob, give us an update on the fleet, I know it's winter but what cars are going out? Have you got your new Range Rover? What other cars are coming?
Making money , never gets old , new days , new money
Great sales pitch.
Hey Rob: Thanks for the video. I am going to check out Keeps.
Today Mr spaghetti reveals he tags his cars in Montana to save money
Thanks for the information Larusso!
Til'' You name your rental service "GTA rentals" and your Urus gets jacked! lmao
Awesome video Rob 👍
damn, you still recording on that iPhone 3G?
Bravo Rob! That is awesome that you are actually willing to take your time and help your viewers one on one via email, or even more. I've always been on the fence as to whether, or not you're a decent human being.
Well.. That's a super decent thing you're doing. I'm leaning toward yes now. Don't blow it. 😁
Hey, Rob whats the best way to secure funding to purchase 5 cars in a high net worth area, say CA, OC, I bought a few cheaper end supercars during the pandemic and rented them through turo but I vetted the renters myself on top of what turo had, but I didn't feel good given them so much cut off my pie. Thanks for the input.
How do you verify insurance of the customer after hours and on weekends
What happened to the corvette rear fender??? It looks hit.
Great advice. Thanks Rob.
*_Rob has a dentaroni in his Corvettaroni_*
Really interesting video! Well done!
Was looking for info in the general idea and got tons. Thanks man. May bug you some day for help if you keep throwing it on the table
Ur audio keep messing up
Idk if my phone's fucked up or did anyone elses volume just keep getting loud for a second then normal again then randomly loud speggeti
A series on this topic was promised forever ago
Excited for this!
My interest in cars rentals has been on hold for a long time, but I need to learn a lot more before getting into it.
The truth is, Rob, I learned a lot from you, and I was drawn to your videos because of the way you delivered your tips (honest and straight to the point).
I have a question for you today, Rob. What is the budget for marketing on Adsense, for example, on an annual basis?
Thanks
I'm so sorry to bother you Rob. Out here in somerset Kentucky we have something called summer night cruise. A lot of people have nice old school cars that they show off as they drive em up and down the strip.. with that being said. A LOOOOT of people sit with their kids and friends on the sides of the strip WISHING that was them... I think it would be another place you could set up shop. I just hope you check it out. There are plenty of people who come out here from Ohio because of the lake in somerset Kentucky.
And everyone else that lives here just gets to watch as they all take over the city... and we all get jealous cause we can't afford to buy one but the rental idea isn't too far off. I was also thinking of an idea for a membership... monthly and yearly.. I think that it would take off here.. yes your cars will get more mileage.. but the membership means everyone would do it because they can afford it. They don't have to be all luxury. Just nice cars. I promise you will get a lot more revenue in somerset too. I'm just saying you should look into it.. I'm not a businessman. And I barely know anything about that side of it. But I promise this is a great spot.
If you would like... the beginning of the season is about to start and I will walk around and get opinions from multiple people watching cars on the strip. And I will even go to the marinas in case you would like to branch out to houseboats.
Thank You Brotha
I think Rob's hoodie shirt was fouling up the audio.
More business videos Rob this was great and people stop crying about the mic it was only a few minutes
audio is on point
Are you from New Jersey?
Thanks for the “knowledge” (tai Lopez voice)
Where is the Sorted episode ?
Oh good I'm not the only one notice the awful audio
There is no way you listened to this and thought, yeah it sounds good. Haha.
Could i still reach out to you for some questions?
Rob, this video is right up my alley. I have some questions on your view of the market and if my idea makes sense. I’d love to contact you and get your opinion.