I made almost $300 last month renting out stuff that has been sitting in my garage. All I had to do was get it out: it took less than 10 minutes total. That is equivalent to almost $1800 per hour!
It didn’t take much time; it was a good deal for the people that rented it; and, it’s great for the environment (we are sharing resources instead of over-consuming!)
My kids want to rent their stuff out now. This is such a great way to teach kids about business. My son is going to rent out his nerf guns and use the money to buy more (the “buy more” part wasn’t what I was aiming for, but I think it’s still a valuable lesson). My daughter is “thinking about” renting out her baby dolls, but she’d rather just have friends over to play with them (it’s a process).
My husband, who was adamantly opposed to renting out any of his tools has now listed most of them. He was hooked after I sent him outside on 3 different occasions to get $40 out from under a potted plant.
But, when you see your family excited to participate in what you’ve created, it’s all the fuel you need to keep going. I feel good teaching my kids about business and protecting the environment all while setting an example by following my dream. (Thanks for reading. I mostly wrote that last sentence so I can refer back to it for motivation on the really hard days when I feel like quitting) 😉