$3M/Year Rental Business Built on Weekends & Credit Cards?!

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David Sodemann and his friend Brett Ellenson bought one single van with the idea that they could transform it into the ultimate camping car and rent it out to customers. Six years later, their business Boho Vans has built and revamped hundreds of camper vans and now generates nearly $250K in revenue per month. They’ve also made special appearances on ABC’s Shark Tank and The Joe Rogan Experience.

The kicker? David originally looked at the idea as a side hustle and never imagined that it would turn into a full blown company.

David always knew he wanted to start his own business, but he already had a few past failed ventures. He followed company trends and the tech industry. However, he never felt quite as passionate as he does with Boho Vans. David has always loved travelling and the tourism space, so when he and Brett came up with this rental service it became the perfect match for a successful business foundation.

In this episode, learn how David turned a single used van into a thriving camper van conversion business, how his focus on craftsmanship and customer service retains customers, and how he markets his business without the use of paid ads.

Resources:
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Timestamps:
00:00 - Start
01:00 - About the business
01:31 - Scale of operations
01:44 - Booking price
02:13 - “Squaring” the van
03:04 - An experience that started it all
03:37 - Startup costs and funding
04:34 - Clever tip to bag customers (without a finished product!)
05:37 - Completion timeframe and cost
06:13 - Renting or Selling: What’s more profitable?
07:00 - Why choose a van (and not an RV?)
08:14 - The blueprint to start NOW
08:56 - Fan blitz
11:21 - Effective marketing strategy (NO budget required?!)
12:46 - Wonder wood
13:11 - Earning potential and margins
14:08 - Non-negotiable tool for efficiency
14:43 - A “secret map” for an amazing experience
15:10 - Dealing with seasonality
16:01 - Secret to effective business partnership
16:38 - Find your perfect (business) match!
17:14 - Badass van tour
18:13 - From 9-5 to entrepreneur
18:44 - Overcoming failures
19:39 - Falling in love with van life
20:21 - Taking the leap
21:25 - Finding the best crew
22:17 - Perspective on debt
23:04 - Patience will get you far
24:03 - Outro

#camper #campervan #campingcar