WHAT YOU MISSED:
In the last episode, RNG36, we had Matt Miller, the CEO and founder of School Spirit Vending, a company that specialises in providing sticker vending machines to schools in order for them to raise funds.
IN THIS EPISODE:
Rent Like A Champion started in 2006 as a student housing company. The original founders (Drew, Derrick, and Jordan) listed a vacant apartment on Craigslist and eBay, offering it as a weekend rental for football games. That was an instant success, RLAC had stumbled onto a new business model.
In 2010, Mike Doyle joined the company and began expanding the business to other college towns with major football programs. Early success proved that Rent Like A Champion could be successful worldwide, Rent Like A Champion is now offering weekend rentals in more than 20 college towns around the country.
In 2016 Rent Like a Champion expects to reach $5 million in total bookings and their future plans include becoming the rental solution for every kind of event not only for college football events.
- How a great business idea can be born by chance
- The importance of selling your business face-to-face not only online or by phone
- How going too fast can be detrimental to your business
- How to start a business in a very specific target market
LINKS AND RESOURCES MENTIONED IN THIS INTERVIEW
Favorite Business Book: The Hard Things about Hard Things
Favorite online tool: Evernote, Trello and Followupthen
Someone successful you follow and admire: Elon Musk
What advice would you give to your 20-year-old self?: “Things don’t happen overnight. Things take time to work.”
Motivational quote?: The man in the arena speech from Theodore Roosevelt
Thanks so much for listening!
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Till next episode, keep grinding!
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