635: $1000/mo Renting Out Plastic Bins: Starting a Box Rental Side Hustle

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 17 October 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sometimes the simplest ideas can lead to remarkable success. That's certainly the case for Gary Grewal, founder of Cal Box Rental, a moving box rental service that has grown from a college student's brainstorm to a successful side hustle generating $1,000 in monthly recurring revenue. For the last 10 years, he has been renting out moving boxes with a low start-up cost, consistent and increasing demand, and only a few hours per week to run on the side of his day job. Tune in to Ep 635 of the Side Hustle Show to learn: how Gary turned a college idea into a thriving box rental business the tactics that helped him gain his first customers how strategic partnerships fueled his success in the moving industry Full Show Notes: $1000/mo Renting Out Plastic Bins: Starting a Box Rental Side Hustle Free Listener Bonus: 25 Unconventional Rental Business Ideas New to the Show? Get your personalized money-making playlist here! Sponsors: Found — Stop getting lost in countless finance apps and try Found for free! Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Mint Mobile — Cut your wireless bill to $15 a month! OpenPhone — Get a powerful business phone system that works on all your devices!

Transcript

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0:00.0	A thousand bucks a month renting out plastic bins.
0:04.4	What's up, Nick Loper here?
0:06.0	Welcome to the Sirelasso Show.
0:07.4	It's The Entrepreneurship Podcast.
0:09.2	You can actually apply.
0:10.4	I've got a fun case study for you today under the category of buying something once and getting paid for it over and over again
0:16.4	a creative rental business for the last 10 years my guest has been renting out moving boxes
0:22.1	relatively low startup cost, steady and even increasing demand in just a few hours to week that it takes to run on the side from his day job.
0:31.0	From Cal Boxrental.com, Gary Graywall.
0:34.8	Welcome to the Side Hustle Show.
0:36.3	Thanks, Nick.
0:36.8	Thanks for having me here today.
0:38.0	You bet.
0:38.7	Stick around in this one, you hear
0:40.3	how Gary came up with this random idea, how he gets customers, and how he handles the storage
0:45.2	and delivery logistics for this physical inventory business.
0:49.7	Now you know I love a fun rental side hustle, fun business and boxes certainly aren't the only thing that you can rent out for a profit, which is why I put together a list of 25 other unconventional things that you can make money renting out.
1:02.0	That is yours for free to download at
1:04.4	the show notes for this episode at side hustle nation.com slash Gary or you can just follow
1:10.4	the link in the episode description and it'll get you over there.
1:13.0	And Gary, how'd you come up with this idea? This is a pretty random one.
1:15.0	Basically like I was in college, UCLA and I think it was move-in day for fall quarter.
	...

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