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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!

Reyes “accidentally” showing up in sandals to the work site is to funny

@martinocampo6531

2 жыл бұрын

😂😂😂😂😂

@gd2860

2 жыл бұрын

@Martin Ocampo it's unprofessional and lazy asf. Step it up Reyes

@CarlosAPaz

2 жыл бұрын

How convenient🤣🤣

@midnightdetail10

2 жыл бұрын

Nah lmao he's there to record the buisness and give out knowledge not bust his butt 🤣🤣🤣

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

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

Жыл бұрын

What's the best way to start advertising? Can I start with a few tents, tables and chairs?

@edwo6648

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

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

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.

You’re funny as hell bro. “I thought you were Mexican, I’m not THAT Mexican” 😂😂😂

That's right great to see people putting in hardwork and getting that feeling of accomplishment...

Props to this business owner, he such a hard working guy

@EdgarRodriguez-kp6yk

2 жыл бұрын

kzread.info/dash/bejne/eoqEysaHoJTKe7Q.html

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

Just found this homie… love the personality + energy 👊🏼

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

Something I can relate to, thanks reyes. Got a similar business out here in tne valley as well

Good content Reyes 👌 the Event Rental Business is very Profitable thats why I'm still in it 💪

Congrats! Great business model !

Damn reyes almost at half a mill, he really getting it out the mud , congratulations Reyes 🎊

@JP-zz5rm

2 жыл бұрын

Yeah, he’s GANGSTA for that

Nice biz. Keep it up, true hard working American guy.

Great job! The American way. Wishing you continue success.

Very insightful video. That job is no joke.

What a great business model! Very impressed

@EdgarRodriguez-kp6yk

2 жыл бұрын

kzread.info/dash/bejne/eoqEysaHoJTKe7Q.html

Just subscribed man. Looking forward to learning

I see a lot talking about hard work....... This looks smart to me and many need a workout anyways 💯✨ Thanks

Some of that free 99 knowledge 👌🏽👌🏽👌🏽👌🏽

Me watching this right now after my back hurting after a 14hr day in the party rental business 🤣

Epic work n motivation 😎

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.

Your videos are the best

Wow . Great job 👏

This is my type of grind.

Dudes a freaking hustler😎

You should start all these different type of businesses on the side

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

Жыл бұрын

I do the same; Cricut, Glowforge. Looking for something with a higher ROI :)

Reyes is awesome! I want to see him cleaned up in tux not chanklas all the time 🤞

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!

“I’m not that Mexican” is priceless!😂

great video stay blessed up

Great content bro

Dios te Bendiga Bro Thanks for the videos

Them better be the most comfortable chairs of all time

Hello to Reyes...from London.

Good video. Good info.

love this👍

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

@borobhai1

2 жыл бұрын

I'm in the same position.

@jr6905

2 жыл бұрын

Trash hauling business since people want a lot of stuff to throw away or detailing

@ki77erbunnigutznglory46

2 жыл бұрын

Power / Soft washing.

Here for the Free 99 knowledge. Reyes trying to help with chanclas lmfao HAHAHAHAHA!

I LIKE THIS✌

"Your intervention" ❤😂

Amazing video

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.

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

I remember I wanted to get into the party rental business something I would love to do as a side job

@tacoboss8211

2 жыл бұрын

Then do it

really dope video !!!!!😃😀

Respect ✊

Damn Reyes got excuses...been late...my back...and homie just laughs! LOL

Cool video!

Man I’m Mexican and need HELLA subtitles for this bideo

we do the same here in kenya. The margins are not that lucrative, but we get by.

looks fun if the pay is good. Im 25 and id do this if i was in cali

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

Big idea 💡 man 👨

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

2 жыл бұрын

Jus like the construction, stack up and save and be good in the winter👍🏽

@raquelevans5973

2 жыл бұрын

Did you hire help once you scaled up?

@pablochacon6362

6 ай бұрын

Where are you from homie? I’m thinking of starting this business in Phoenix, sunshine year round!

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

2 жыл бұрын

Yes he was about to talk about the gas ⛽ 😆 🤣

Great video

Great business profit!

Reyes: I tried to use the bathroom but there was a chair in there😆

I was just thinking about this the other day

Salute reyes

Bro said naw I'm not that Mexican 🤣🤣

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

2 жыл бұрын

get employers to handle the stuff this guy is doing then you scale and handle accusition and scaling

@keithgasca3709

2 жыл бұрын

Is it good money

@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

2 жыл бұрын

@@keithgasca3709 did uwatch the video

@XTen1000DaysX

2 жыл бұрын

@@anthonyrobledo6008 why dont you do it then lol

great video

Bro u mad funny 🤣🤣

Hope his family gets to see him more often

These businesses on the side will actually make you more money.

Great business

Appreciate this post. Thank you @ReyesTheEntrepreneur

Can you please do an anytime fitness franchise owner

Lol Risk it for the Biscuit sierto 😁🙋

Nice video

Can you do a home remodeling company next ?

The look when he said he doesn't have free days 😅😂

Where do you buy the chairs from ? Folding chairs?

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

BUT REYES WHAT ABOUT THE GAS REYES WHAT ABOUT THE GAS!!! - if you know you know.

"Nah bro I am not THAT Mexican" IM DEAD hahaha

Money to be made!!

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

I'm mind blown! Easy money!

@edwo6648

2 жыл бұрын

The industry has a 8% net margin if done correctly. It only seems like easy money because you are ignorant.

Golden hang cuffs

Better than detailing! Lol

LOL HE SAID HE TRIED TO USE THE REST ROOM AND THEIR WAS A CHAIR IN THERE

That's great he has people that would pay that much! Shiiiittt ..i get tables, chairs, and jumper under 200. Lol.

@nikkirodriguez8207

Жыл бұрын

Under 200$ 😮 let me guess u live in a border town.

The laugh at 2:51 is how all rich people laugh

What is the name of the Rental Software you use? Thanks

that title "1,2000"

@aprildice1064

Жыл бұрын

U don't always need maths to be a true g

@trillionaire2478

Жыл бұрын

😂🤣😂

$6000 in a day for that wtf 😂😂😂

Smart

I started my bounce house business and definitely thinking about this too but just need the space

@armorplates8848

2 жыл бұрын

How much are u charging

Gotta risk it for the biscuit.

Reyes please do snow removal that’s will be a long day .

I’m not that Mexican 😂💀

What tha, no way !!! I’m from Ventura County

🔥🔥🔥🔥

You can write off your box trucks and vans?