How Enterprise Became A $35 Billion Family-Owned Car Rental Empire

  Рет қаралды 50,437

Forbes

Forbes

Күн бұрын

Chrissy Taylor’s grandfather founded the car rental giant. Her father built it into the industry’s dominant player. Now she’s driving the $35 billion firm into the future of mobility.
Read the full story on Forbes: www.forbes.com/sites/mattduro...
0:00 Introduction
1:11 Chrissy Taylor On Following Her Father's Footsteps
4:08 Innovation At Enterprise Cars And Growth Over The Years
7:38 Chrissy Taylor's Pivot In COVID And How The Company Remained A Float
9:22 How Enterprise Gives Back And Its Philanthropic Community
Subscribe to FORBES: kzbin.info?s...
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership...
Stay Connected
Forbes newsletters: newsletters.editorial.forbes.com
Forbes on Facebook: forbes
Forbes Video on Twitter: / forbes
Forbes Video on Instagram: / forbes
More From Forbes: forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Пікірлер: 58
@munyumbamutwale2985
@munyumbamutwale2985 27 күн бұрын
With all the hatred spewing around, I really like this woman and her energy. Thousands and even millions of kids have inherited companies and run them into the ground and she has kept the legacy alive. Kudos.
@MattBraun
@MattBraun 27 күн бұрын
and most of those turned the companies around and made them better. But not this one....she's determined to get things back to the "good ol' days" :D
@forward_ever_ever2595
@forward_ever_ever2595 26 күн бұрын
​@@MattBraunwhat u mean?
@DueceSpice
@DueceSpice 25 күн бұрын
AINT NO MILLIONS DUDE…YOU JUST BABBLING
@forward_ever_ever2595
@forward_ever_ever2595 25 күн бұрын
@@DueceSpice forget the numerical, but idea is true...many inherit then future gens, like the Vanderbilts just run it into the ground weather it be a lack of discipline, poor work ethic and the root unreasonably lavish lifestyles
@DueceSpice
@DueceSpice 25 күн бұрын
@@forward_ever_ever2595 SHOW ME A POOR VANDERBILT?
@wm6746
@wm6746 27 күн бұрын
“I started as an intern” ….she forgot to say..”Intern in my dad’s company”😂😂😂😂😂
@kcmark3
@kcmark3 27 күн бұрын
*grandfather's. Her dad could say that though! ahah
@creativemindplay
@creativemindplay 27 күн бұрын
What's your point
@user-dq6kw1xh7q
@user-dq6kw1xh7q 27 күн бұрын
Yes, so she learnt from the bottom up to Manage her family business.
@forward_ever_ever2595
@forward_ever_ever2595 26 күн бұрын
Well why should she have to say that. Its usually the starting point. Good for them. At least they didn't follow the norm where 1st gen works hard, sets the foundation, 2nd gen begins to lapse & 3rd squanders everything...like the Vanderbilt's
@abuzarrin9079
@abuzarrin9079 19 күн бұрын
Only people with a broken mindset will say this. That's the whole point of a family business, passing down to your legacies.
@AwomKenneth
@AwomKenneth 22 күн бұрын
Leading a global company in tough times shows a lot of strength and tenacity
@DueceSpice
@DueceSpice 25 күн бұрын
GRANDFATHER BUILT THE COMPANY BUT FORBES PROPAGANDA IS SAYING SHE STARTED FROM THE BOTTOM??
@timmietz
@timmietz 22 күн бұрын
To be fair, if she was not good at her job, the company would’ve been bankrupt within three years after her taking over. it has happened many times to many multi generation companies.
@chan90s
@chan90s 27 күн бұрын
I am a forever customer of enterprise. Their employees are happy, friendly and love their job. I received a free 1 day rental extension after I had a nice chat with the team
@jutah
@jutah 24 күн бұрын
good for you forbes for keeping the comments as they are
@jutah
@jutah 24 күн бұрын
good straight forward story too for those interested in this space. would like to see one on hertz and avis too
@victoriawindsor8023
@victoriawindsor8023 26 күн бұрын
"Enterprise Mobility" sounds like the name you would give to a company that sells Wheelchairs for Disabled People 🤣🤣🤣🤣
@benjaminlibertarianscorpio
@benjaminlibertarianscorpio 6 күн бұрын
they branched into car sales too as well as other markets
@victoriawindsor8023
@victoriawindsor8023 6 күн бұрын
@@benjaminlibertarianscorpio The name sounds like a company that makes Mobility Scooters for disabled people
@maneeshahooja
@maneeshahooja 18 күн бұрын
Well done!
@MattBraun
@MattBraun 27 күн бұрын
seems like they're adding the length of each video since this one to how long customers should be waiting
@EcomCarl
@EcomCarl 20 күн бұрын
Incredible to see the journey and commitment to adaptability and innovation! 🚀 Emphasizing teamwork and mission discipline truly shows their enduring success and strong leadership.
@damham5689
@damham5689 11 күн бұрын
Because Jack was smart enough to only hire people smarter than he was. Even though he never went to college, he only hired college graduates.
@MattBraun
@MattBraun 27 күн бұрын
This is such a great story of luck, nepotism, and why a company's service can suck so bad without any care in the world.. BRAVO! 👏👏
@MattBraun
@MattBraun 27 күн бұрын
I definitely trust the cousin with the oversized shirt who can't make any eye contact....who's also reminding us that Hertz is also terrible.
@finnb.1845
@finnb.1845 26 күн бұрын
It’s greggy
@finnb.1845
@finnb.1845 26 күн бұрын
Can’t make a Tomelette without breaking some Greggs
@6ahmad91
@6ahmad91 3 күн бұрын
I’ve been fascinated with the Enterprise business model since I started renting cars from them 12 years ago. I feel like they nailed down a perfect capital structure. And most impressively, the nature of the business where a heavily depreciating asset is their main expenditure, their process makes it profitable and their margins are unbelievable. (They don’t share financial info so it’s just an educated speculation)
@Xenon-4300
@Xenon-4300 27 күн бұрын
Enterprise Mobility? Are they getting into the motorized wheelchair industry?
@creativemindplay
@creativemindplay 27 күн бұрын
Bwahahahaha
@EMC_CO86_0_Z
@EMC_CO86_0_Z 27 күн бұрын
💚
@karen.5705
@karen.5705 27 күн бұрын
@georgeg6036
@georgeg6036 27 күн бұрын
The service is horrible with Enterprise. How are they still in business?
@algernon5776
@algernon5776 27 күн бұрын
I guess Chrissy Taylor ignored Harrison Butker's advice to just stay home and have babies. Lol 😆 😂 🤣 😹 😆 😂
@leonardocuevas49
@leonardocuevas49 26 күн бұрын
Loved the story! The “Senior Reporter” looked and sounded bored so it kind of threw off the video. Great story, bad reporter with low energy(at least in this video, can’t speak how he is OVERALL)
@ragdollspacearena
@ragdollspacearena 27 күн бұрын
for some reason I cannot stand that woman... uff hard watch. other than that nice video!
@autodex2000
@autodex2000 27 күн бұрын
Started on third base and she thinks she hit a triple
@Eddie100official
@Eddie100official 27 күн бұрын
By charging $300 for 2 days with a $7,000 car
@michael7054
@michael7054 26 күн бұрын
If you don't have your own insurance
@MattBraun
@MattBraun 27 күн бұрын
Is this a Succession parody??
@nickbezmaterny5567
@nickbezmaterny5567 24 күн бұрын
Self made CEO lol
@TheSouthernMensch
@TheSouthernMensch 23 күн бұрын
By calling the cars in as stolen and making money from it.
@angeltrumpjr1952
@angeltrumpjr1952 2 күн бұрын
❤️👀📲✅
@skrame01
@skrame01 27 күн бұрын
For some reason I really hate this woman.
@vooteimer1234
@vooteimer1234 27 күн бұрын
Because she acts like she was promoted without anyone considering she's part of the family that owns the company?
@AxeDesign920
@AxeDesign920 27 күн бұрын
I hated Enterprise before I knew about her. Tried to charge me $200 when I returned a car because of a dent that I couldn't see or feel. Some low level employee said the light just didn't reflect right. 20 years ago - haven't rented from Enterprise since!
@U..R..L
@U..R..L 27 күн бұрын
Free Palestine 🇵🇸
@MattBraun
@MattBraun 27 күн бұрын
@Forbes working with @ComedyCentral @TheDailyShow @JonStewart kzbin.info/door/wWhs_6x42TyRM4Wstoq8HA
@DreamAgainNetwork
@DreamAgainNetwork 27 күн бұрын
🫡💎📈
Marriott CFO on How the Company Grew to Become the Largest Hotel Chain | WSJ
11:34
The Wall Street Journal
Рет қаралды 79 М.
A pack of chips with a surprise 🤣😍❤️ #demariki
00:14
Demariki
Рет қаралды 39 МЛН
В ДЕТСТВЕ СТРОИШЬ ДОМ ПОД СТОЛОМ
00:17
SIDELNIKOVVV
Рет қаралды 4,1 МЛН
Countries Treat the Heart of Palestine #countryballs
00:13
CountryZ
Рет қаралды 29 МЛН
100❤️
00:20
Nonomen ノノメン
Рет қаралды 74 МЛН
How Gucci Fell From High Fashion to Discount Rack
7:28
Bloomberg Originals
Рет қаралды 1,2 МЛН
How The Toyota Tacoma Took On America’s Pickup Trucks
12:18
Rental car ripoffs: Hidden camera investigation (Marketplace)
21:03
How Air India Became World's Largest Airline Under Tata
20:01
Why Turo, the 'Airbnb for Cars', Is Angering Rental Companies | WSJ
7:32
The Wall Street Journal
Рет қаралды 1,6 МЛН
When JPMorgan CEO Jamie Dimon Speaks, the World Listens | The Circuit
22:32
Bloomberg Originals
Рет қаралды 1,7 МЛН
A pack of chips with a surprise 🤣😍❤️ #demariki
00:14
Demariki
Рет қаралды 39 МЛН