Making $1,2000 in One Hour Renting Tables and Chairs

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Reyes The Entrepreneur

Reyes The Entrepreneur

Күн бұрын

Пікірлер: 298
@ReyesTheEntrepreneur
@ReyesTheEntrepreneur Жыл бұрын
Ever wanted to start a KZbin Channel for your business or need a content manager for instagram reels? Let me help you like I've helped dozens of entrepreneurs start, grow, and monetized their channel to create a new source of income and increase their sales plus grow their personal brands and following. DM on IG here: instagram.com/reyestheentrepreneur/
@abirdconcernedforhumankind2345
@abirdconcernedforhumankind2345 3 жыл бұрын
Not enough credit goes to you Reyes, you let the person say what they have to say without interrupting him and asking him the most important questions we all want to know, so big ups man keep it up!
@REDDCCXXVII
@REDDCCXXVII 2 жыл бұрын
Probably the biggest expense he overlooked, the one that punched me the hardest, was his actual inventory. Some of those chairs he showed us cost close to $100 per chair. You might think "$100 per chair ain't bad, a few parties will cover that" but that's "per" and you wont need just one. dude has dozens and dozens of them. As reyes mentioned tho, he's been in business for over a decade. It doesn't happen overnight.
@edwo6648
@edwo6648 2 жыл бұрын
When you start up depreciation is the largest expense, but after a couple years its LABOR. Labor ranges, in the industry, between 30 and 40% of gross revenue. It takes about 30 rentals on a chair before you see any profit from them, at his price point it will be more like 45.
@Percules15
@Percules15 2 жыл бұрын
What's the best way to start advertising? Can I start with a few tents, tables and chairs?
@edwo6648
@edwo6648 2 жыл бұрын
@@Percules15 How many years experience in the event equipment rental industry do you have? If Zero go work for a company or two for at least 4 years full time before you start one. The vertually everyone of these yourtube rental outfits are a joke and their advice is horible. How do i know? I started in the industry in Feb of '93 and have owned my own company for 20 years. If you have been in the industry concentrate on your website. DO NOT copy the look of anyone. Make it simple, easy to navigate with photos of you rentals. DO NOT list prices, biggest mistake ever. 70 to 80 % of owning and running a rental company is the operational end. This is not a learn as you go industry. This is also not a high margin industry so having your shit together before you start one is massively improtant.
@Percules15
@Percules15 2 жыл бұрын
@@edwo6648 thanks, but I want to start this on the side with just a few items and go from there. Why is listing prices bad? You lose leads?
@edwo6648
@edwo6648 2 жыл бұрын
@@Percules15 I hate to be the one to break it to you but this ain't the industry to try and run as a side hustle. Cutting lawns, walking dogs.... i crap you not, will make you more money as a side hustle than this will. And you won't have jack S for liability. If you really want to start a real business in this industry go work for one or two other companies for four years, you get to earn while you learn. At the very least you will see what not to do which is worth its weight in gold. Without exception every youtube video I've watched from some dumb schmuck running a "rental company" like TRB, that bartending twat, Marvin the meat head.... what they have in comon is they are all talking out their ass. If you ever hear anyone tell you the 1/10 th for pricing realize that dates back to the 1960's when ALL event rentals came from general equipment rental companies. Think bobcats and hand drills. 1 listing prices tells your idiot in the same market as you what you are charging, it leads to down ward pricing presure. Note: the majority of price competitive small rental companies don't have any value as a business, they only have inventory auction value at best. 2 when you are busy as all hell and any work added will be on overtime hours why on gods green earth would you charge the same price? You are paying time and a half for labor, margins in the industry almost never go above 10% and labor ranges between 30 to 40% of the rental price....in this case I'll let you do the math to see how posting prices is stupid. 3 they want it early but only want to pay the one day rate. Skip the arguement, get the date they want it and the date they want it picked up and give them a quote for the job. 4 not posting prices on line means you quote them based on the particulars of the job... news flash some jobs you don't want and you can price it acordingly. If you realy want to get into the industry go work for someone else then start your company, otherwise your just waisting your time and energy. That same time and energy you could apply to your existing job for raises and promotions. If you can't take the time to aprentice in an industry you damn sure have no business starting a company in that industry.
@girlwithmask_asmr3753
@girlwithmask_asmr3753 2 жыл бұрын
Props to this business owner, he such a hard working guy
@EdgarRodriguez-kp6yk
@EdgarRodriguez-kp6yk 2 жыл бұрын
kzbin.info/www/bejne/foezmZeEpZaXgbM
@fabiansierra7622
@fabiansierra7622 3 жыл бұрын
Reyes “accidentally” showing up in sandals to the work site is to funny
@martinocampo6531
@martinocampo6531 3 жыл бұрын
😂😂😂😂😂
@gd2860
@gd2860 2 жыл бұрын
@Martin Ocampo it's unprofessional and lazy asf. Step it up Reyes
@CarlosAPaz
@CarlosAPaz 2 жыл бұрын
How convenient🤣🤣
@midnightdetail10
@midnightdetail10 2 жыл бұрын
Nah lmao he's there to record the buisness and give out knowledge not bust his butt 🤣🤣🤣
@Ddom1794
@Ddom1794 3 жыл бұрын
Thats cool that these people feel comfortable showing how much they make i remember in school for career day the people wouldnt want to discuss their earnings very inspirational non the least
@saga420nbk
@saga420nbk 3 жыл бұрын
That's right great to see people putting in hardwork and getting that feeling of accomplishment...
@jonathanflores3038
@jonathanflores3038 3 жыл бұрын
I use to do this when I was in high school.. The dude I use to work with use to rent jumpers tables chairs and table cloths.. Dude use to make a lot of money... But its a lot of work.. You have to clean the jumpers clean the tables and chairs and wash the table cloths and iron it.. Dude use to have to big storage rooms...Good old days
@waterdown1826
@waterdown1826 3 жыл бұрын
Damn reyes almost at half a mill, he really getting it out the mud , congratulations Reyes 🎊
@JP-zz5rm
@JP-zz5rm 3 жыл бұрын
Yeah, he’s GANGSTA for that
@linascibelli7592
@linascibelli7592 Жыл бұрын
Great job! The American way. Wishing you continue success.
@sharefox
@sharefox Жыл бұрын
Congrats! Great business model !
@chrisvazquez7138
@chrisvazquez7138 3 жыл бұрын
You’re funny as hell bro. “I thought you were Mexican, I’m not THAT Mexican” 😂😂😂
@Thejumperguy8
@Thejumperguy8 3 жыл бұрын
Me watching this right now after my back hurting after a 14hr day in the party rental business 🤣
@shak1308
@shak1308 2 жыл бұрын
i started with 15 chairs and 2 tables. 9 years on, and i now have 250 tables, 4000 chairs and 85 marquee structures. hard labour, long hours but great money and you get to work outdoors in the summer - not great in the winter lol
@tonistarks2874
@tonistarks2874 2 жыл бұрын
Jus like the construction, stack up and save and be good in the winter👍🏽
@raquelevans5973
@raquelevans5973 2 жыл бұрын
Did you hire help once you scaled up?
@pablochacon6362
@pablochacon6362 Жыл бұрын
Where are you from homie? I’m thinking of starting this business in Phoenix, sunshine year round!
@MrDoM2K9
@MrDoM2K9 3 жыл бұрын
What a great business model! Very impressed
@EdgarRodriguez-kp6yk
@EdgarRodriguez-kp6yk 2 жыл бұрын
kzbin.info/www/bejne/foezmZeEpZaXgbM
@gerardo_
@gerardo_ 3 жыл бұрын
You should start all these different type of businesses on the side
@georgeclyde7904
@georgeclyde7904 Жыл бұрын
“I’m not that Mexican” is priceless!😂
@toneyslifestylehustlez8574
@toneyslifestylehustlez8574 3 жыл бұрын
Good content Reyes 👌 the Event Rental Business is very Profitable thats why I'm still in it 💪
@LAC32Griffin
@LAC32Griffin 3 жыл бұрын
I’ve always been tempted to do this. My friend does this as a business, but I see how busy he is all day everyday until 10 and I question if it’s all worth it if he doesn’t really get to see his kids that often. It’s definitely a labor intensive job.
@XTen1000DaysX
@XTen1000DaysX 2 жыл бұрын
get employers to handle the stuff this guy is doing then you scale and handle accusition and scaling
@CarDaddyOfficial
@CarDaddyOfficial 2 жыл бұрын
Is it good money
@anthonyrobledo6008
@anthonyrobledo6008 2 жыл бұрын
Just do it, I mean you could do it for Friday through Sunday now that could be 18,000 g's more or less! Who in this freaking world is going to pay you that amount of money for three days?! Now let's say you do it for a year that's a total of over 2M! 2 mother...Mill! Man you could retire in a year ha ha it sounds nonsense but it's real life!
@XTen1000DaysX
@XTen1000DaysX 2 жыл бұрын
@@CarDaddyOfficial did uwatch the video
@XTen1000DaysX
@XTen1000DaysX 2 жыл бұрын
@@anthonyrobledo6008 why dont you do it then lol
@jamescc2010
@jamescc2010 2 жыл бұрын
Nice biz. Keep it up, true hard working American guy.
@Georgie027
@Georgie027 3 жыл бұрын
Something I can relate to, thanks reyes. Got a similar business out here in tne valley as well
@ericzz93
@ericzz93 3 жыл бұрын
Thank you for the ideas Reyes I'm currently working just saving a bunch of money for a potential business I can start that doesn't take alot of skill and all it takes is a big investment to start, I have no idea what I can do yet but you give me ideas
@Finggy
@Finggy 3 жыл бұрын
I'm in the same position.
@jr6905
@jr6905 3 жыл бұрын
Trash hauling business since people want a lot of stuff to throw away or detailing
@ki77erbunnigutznglory46
@ki77erbunnigutznglory46 2 жыл бұрын
Power / Soft washing.
@themalihaariel
@themalihaariel 2 жыл бұрын
I see a lot talking about hard work....... This looks smart to me and many need a workout anyways 💯✨ Thanks
@Murdoc111210
@Murdoc111210 9 ай бұрын
The math is incorrect, he overlooked the cost of inventory, cleaning supplies, not to mention days of labor. I work in the industry and trust me it's days of labor. You really only bring money in on 2 or three days (Thurs,Fri,sat) Sunday is all picking up same with Monday so no money comes in at all and you've wasted fuel and labor. Then you have a day full of cleaning and prepping for the events coming up that's where you spend on labor and cleaning supplies) so again no money coming in but money going out. Then one day off is usually what companies give you. So yes you only get one day off usually no breaks except a lunch and employees make around 100 to 200 per day but that's usually not taxed which also means no benefits. As an owner sure a good amount comes in but your constantly having to buy new trending items, and paying more days to employees with only 2 or 3 days of money actually coming in. So owners usually go one of 2 routes, they either charge a lot more to customers or they do a lot more rents for cheap price. Both have their positives and negatives 😅 good luck, personally after almost a decade in the industry I'm quitting soon
@SandraSalazar
@SandraSalazar 6 ай бұрын
What will you be doing with your inventory when you leave?
@Murdoc111210
@Murdoc111210 6 ай бұрын
@@SandraSalazar company will remain and ran by other people meanwhile royalties will continue to pay me out every month
@brauliomedina5316
@brauliomedina5316 2 жыл бұрын
Very insightful video. That job is no joke.
@roblescesar876
@roblescesar876 3 жыл бұрын
I remember I wanted to get into the party rental business something I would love to do as a side job
@tacoboss8211
@tacoboss8211 2 жыл бұрын
Then do it
@danellison1555
@danellison1555 3 жыл бұрын
Reyes you are hilarious…you were late cuz of traffic 😂 hey edit the title, one too many zeros in there :) loved the content in this one.
@TheRentalJourney
@TheRentalJourney 3 жыл бұрын
This is my type of grind.
@DoubleDeckerAnton
@DoubleDeckerAnton 3 жыл бұрын
Hello to Reyes...from London.
@WisconsinMoparEnthusiasts
@WisconsinMoparEnthusiasts 3 жыл бұрын
bro why is YT hiding your videos, havent seen your videos in like 2 months, o well now i can bincge watch and catch up
@x4486xx
@x4486xx 2 жыл бұрын
Man I’m Mexican and need HELLA subtitles for this bideo
@CarlosRomero-po6co
@CarlosRomero-po6co 2 жыл бұрын
Good video, It'd had been great if you would had asked about the legal process, like what license you need and all that stuff!
@Jpt01amr
@Jpt01amr 2 жыл бұрын
I want to know how Much he spends on truck notes, storage fees, gas fees on all trucks , inventory cost . He had to buy all those chairs and tables and they aren’t cheap
@brianbordenkircher52
@brianbordenkircher52 2 жыл бұрын
Your channel seems to have really blown up! I’m starting up as a youtuber. Used to do vinal decals, cnc machine for craft business. Thanks for sharing!
@racheld379
@racheld379 2 жыл бұрын
I do the same; Cricut, Glowforge. Looking for something with a higher ROI :)
@roadshowmasters
@roadshowmasters Жыл бұрын
we do the same here in kenya. The margins are not that lucrative, but we get by.
@hectorluna570
@hectorluna570 3 жыл бұрын
Dudes a freaking hustler😎
@FinancialFreedomMadeSimple
@FinancialFreedomMadeSimple 3 жыл бұрын
These businesses on the side will actually make you more money.
@Themaskedtalker
@Themaskedtalker 3 жыл бұрын
Some of that free 99 knowledge 👌🏽👌🏽👌🏽👌🏽
@codieayscue
@codieayscue 3 жыл бұрын
How much was his initial startup cost and how did it look when he began?
@armorplates8848
@armorplates8848 2 жыл бұрын
5k at least
@ryaneboy101
@ryaneboy101 2 жыл бұрын
@@armorplates8848 5k is way too high...My pops does the same type of business. If you already have a Box truck,Work van or truck/trailer you could easily spend 1k or less on used chairs and tables. Over time you grow your inventory and equipment.
@Big_Chris
@Big_Chris Жыл бұрын
Bro said naw I'm not that Mexican 🤣🤣
@evenlopezrodriguez6467
@evenlopezrodriguez6467 Жыл бұрын
My grandpa and dad started this business 35 years ago in a little town in North of Mexico, then my dad got the business and he can raised up my two brother and me with my mom. It's a great business and you can get good earnings when you give a good customer service and quality in the products.
@Cmar24
@Cmar24 3 жыл бұрын
Them better be the most comfortable chairs of all time
@reploid123
@reploid123 3 жыл бұрын
4:20 reyes was setting up for him to say gas lmao, great video though, just goes to show how many good business opportunities are out there that people might not even think of, renting party equipment would never have crossed my mind
@cebasmb8250
@cebasmb8250 3 жыл бұрын
Yes he was about to talk about the gas ⛽ 😆 🤣
@Pauleazy420
@Pauleazy420 3 жыл бұрын
Reyes: I tried to use the bathroom but there was a chair in there😆
@luieflores5915
@luieflores5915 2 жыл бұрын
Reyes is awesome! I want to see him cleaned up in tux not chanklas all the time 🤞
@cashflowfamOC
@cashflowfamOC 3 жыл бұрын
Here for the Free 99 knowledge. Reyes trying to help with chanclas lmfao HAHAHAHAHA!
@eggrollsttv
@eggrollsttv 3 жыл бұрын
that title "1,2000"
@aprildice1064
@aprildice1064 2 жыл бұрын
U don't always need maths to be a true g
@trillionaire2478
@trillionaire2478 2 жыл бұрын
😂🤣😂
@veronicasanchez2556
@veronicasanchez2556 Жыл бұрын
Where is the dolly from?
@elcompadanny23
@elcompadanny23 3 жыл бұрын
Damn Reyes got excuses...been late...my back...and homie just laughs! LOL
@danny8block
@danny8block 3 жыл бұрын
Bro that’s good money, I know ppl who have a grocery store and have a lot larger initial investment with equipment and stuff that make about the same
@sweetsunshineplaytime
@sweetsunshineplaytime Жыл бұрын
Great content bro
@goldenstandard187
@goldenstandard187 3 жыл бұрын
LOL HE SAID HE TRIED TO USE THE REST ROOM AND THEIR WAS A CHAIR IN THERE
@JP-zz5rm
@JP-zz5rm 3 жыл бұрын
BUT REYES WHAT ABOUT THE GAS REYES WHAT ABOUT THE GAS!!! - if you know you know.
@gerardo7964
@gerardo7964 2 жыл бұрын
looks fun if the pay is good. Im 25 and id do this if i was in cali
@richardgriffin2659
@richardgriffin2659 Жыл бұрын
Just subscribed man. Looking forward to learning
@jimmyg645
@jimmyg645 2 жыл бұрын
20k in product plus a truck. You can make a lot but you have to invest in the product. 1 hour rental but you have to load and unload. It's a full day.
@fume5671
@fume5671 3 жыл бұрын
you have to remember they dont always make 6k sometimes they dont get booked etc etc
@RDStudios
@RDStudios 2 жыл бұрын
You should have asked him how he survived the down time in 2019 & 2020 when just about everything was cancelled.
@ohHeyKev
@ohHeyKev 2 жыл бұрын
I'm in the business and it was bad. 2019 was a good year but the moment COVID was mentioned to be in the US our customers out of fear cancelled all their events.
@EdwardSanchezProductions
@EdwardSanchezProductions 3 жыл бұрын
Your videos are the best
@anatoliyrubanenko7277
@anatoliyrubanenko7277 3 жыл бұрын
The laugh at 2:51 is how all rich people laugh
@eyeshezzy
@eyeshezzy 3 жыл бұрын
The look when he said he doesn't have free days 😅😂
@willjb89
@willjb89 2 жыл бұрын
"Nah bro I am not THAT Mexican" IM DEAD hahaha
@italoqueiroz7079
@italoqueiroz7079 2 жыл бұрын
The question is: How to get the clients? That’s should be the real expensive…
@roberts.8389
@roberts.8389 2 жыл бұрын
That’s the easy part, fb marketplace & Craigslist
@TomikaKelly
@TomikaKelly Жыл бұрын
Advertising, networking, standing orders with venues and planners, ect.
@romanarmendariz5775
@romanarmendariz5775 3 жыл бұрын
That's great he has people that would pay that much! Shiiiittt ..i get tables, chairs, and jumper under 200. Lol.
@nikkirodriguez8207
@nikkirodriguez8207 Жыл бұрын
Under 200$ 😮 let me guess u live in a border town.
@josephfaurie3503
@josephfaurie3503 2 жыл бұрын
Simple plan for not overworking yourself everyday long hours is maybe only have a few tables and chairs and only rent out on weekends. That’s when most parties tend to be anyway. Just a personal opinion…
@edwo6648
@edwo6648 2 жыл бұрын
And you are wrong, really really wrong. Its not an industry you can make any money at just working the weekends. When do you think you do the cleaning, repairs and loading? When do you take calls and reply to emails?
@TheRealSkiMask
@TheRealSkiMask 3 жыл бұрын
Damn making $12,000 an hour😳
@revamp2672
@revamp2672 3 жыл бұрын
More like 1,2000
@jr6905
@jr6905 3 жыл бұрын
$6000 in a day for that wtf 😂😂😂
@fbnmndz
@fbnmndz 3 жыл бұрын
You may wanna remove a ZERO reyes, I thought 12,000 lol
@jaydowwg8150
@jaydowwg8150 Жыл бұрын
Please inform me the size tables you have ??? And what they are? Also how much you paid for each. I'm in FL and want to get this going. Also the chairs u have
@eduardocisneros5784
@eduardocisneros5784 3 жыл бұрын
I’m not that Mexican 😂💀
@holycutz7465
@holycutz7465 3 жыл бұрын
I could get ‘50 chairs for 50 bucks or so .. I think he’s to expensive in the Merced 209 area
@ricardogamezjr
@ricardogamezjr 3 жыл бұрын
Can you please do an anytime fitness franchise owner
@littlespressurewashing
@littlespressurewashing 2 жыл бұрын
Amazing video
@roytjm1
@roytjm1 3 жыл бұрын
Dios te Bendiga Bro Thanks for the videos
@stephanieh5216
@stephanieh5216 Жыл бұрын
"Your intervention" ❤😂
@auroraramirez7381
@auroraramirez7381 2 жыл бұрын
Where do you buy the chairs from ? Folding chairs?
@DHendo214
@DHendo214 Жыл бұрын
He didn’t ask some questions like, how does he get his customers? Website? Ads? Etc. what would he suggest for someone starting out in this business. Overall good video
@scottydogbigg2991
@scottydogbigg2991 3 жыл бұрын
Gotta risk it for the biscuit.
@BenignoBarrera
@BenignoBarrera 3 жыл бұрын
didn't include expenses :/ reyes was tired
@jfloresdrums
@jfloresdrums 3 жыл бұрын
$55 to fill up a tank? Lies!!!!
@cjb8085
@cjb8085 3 жыл бұрын
Those invoices seem a bit suspect lol. $1,200 for a few tables 😆
@armorplates8848
@armorplates8848 2 жыл бұрын
@Andre Anthony wtf aré u talking about
@armorplates8848
@armorplates8848 2 жыл бұрын
@Andre Anthony bruh 1 table is like 80 brand new those prices don’t make no sense 🤦🏽‍♂️
@kandlrex
@kandlrex 2 жыл бұрын
As a regular person how are you going to find the money and stock and have time to go searching for the tables and chairs needed for a large event, also why would you buy it and be stuck with them when you can hire it and it gets delivered and taken away for you when you can sit on your porch with a beer
@thechump1
@thechump1 3 жыл бұрын
$6K revenue, what’s profit? Two good questions to ask is: 1. How much are you earning per hour considering all time and expenses? 2. What’s the opportunity cost of this business? I.e. What are you sacrificing or what are the other opportunities you are giving up for this?
@Bucdon
@Bucdon 2 жыл бұрын
I heard the word "made" in there some where so, I am guessing thats the profit?
@shannonmcdonald1431
@shannonmcdonald1431 2 жыл бұрын
I'm mind blown! Easy money!
@edwo6648
@edwo6648 2 жыл бұрын
The industry has a 8% net margin if done correctly. It only seems like easy money because you are ignorant.
@Mrjozz011
@Mrjozz011 3 жыл бұрын
Better than detailing! Lol
@InDahoodYooo
@InDahoodYooo 2 жыл бұрын
Wow . Great job 👏
@seanloctv
@seanloctv 2 жыл бұрын
really dope video !!!!!😃😀
@allinonelasvegas315
@allinonelasvegas315 2 жыл бұрын
Good video. Good info.
@csp_events
@csp_events Жыл бұрын
love this👍
@damianpascual97
@damianpascual97 2 жыл бұрын
Can you do a home remodeling company next ?
@porchard8261
@porchard8261 3 жыл бұрын
Cool video!
@TearitoffE
@TearitoffE 2 жыл бұрын
You can write off your box trucks and vans?
@recognizegame215
@recognizegame215 2 жыл бұрын
Wait until Brandon sees this video. Large gathering are now a crime 😂
@dec1slh
@dec1slh 2 жыл бұрын
Lets go Brandon
@MULAMIGZ
@MULAMIGZ 2 жыл бұрын
Epic work n motivation 😎
@msz51214
@msz51214 2 жыл бұрын
Big idea 💡 man 👨
@600miles
@600miles 3 жыл бұрын
You have a numerical error "Making $1,200 in One Hour" Did you get the 2 LoGo Lights I sent to you shipping center?
@djsmootht6825
@djsmootht6825 2 жыл бұрын
Hope his family gets to see him more often
@samday4424
@samday4424 3 жыл бұрын
great video stay blessed up
@JustChillin740
@JustChillin740 8 ай бұрын
I LIKE THIS✌
@montanosanti
@montanosanti Жыл бұрын
I didn’t know Tenoch Huerta delivered chairs 🤪
@paulknoblock8797
@paulknoblock8797 2 жыл бұрын
What is the name of the Rental Software you use? Thanks
@rigo6156
@rigo6156 3 жыл бұрын
When you can't afford a helper and you make $1,200 an hour? Yeah something ain't right.
@brandomcastor2951
@brandomcastor2951 3 жыл бұрын
Don’t wanna pay or deal with employee insurance
@rigo6156
@rigo6156 3 жыл бұрын
@@brandomcastor2951 That's what contract workers are for.
@rigo6156
@rigo6156 3 жыл бұрын
@@brandomcastor2951 Hell you can pick some workers from homedepot.
@jojoreynoso9408
@jojoreynoso9408 2 жыл бұрын
Maybe he doesn't need a helper? Have you thought of that. He isn't making $1200 an hour all day everyday
@rigo6156
@rigo6156 2 жыл бұрын
@@jojoreynoso9408 Of course I know that, but that's what Reyes is implying, that's my whole argument.
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