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Your opinions for someone starting a boating business, please

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Your opinions for someone starting a boating business, please

Old 10-29-2010, 06:40 PM
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Default Your opinions for someone starting a boating business, please

I'm starting an online website to help boat owners securely rent their idle boats to family, friends, and others.

We plan to offer:
- Insurance and contracts to secure your boat and limit your liability
- Scheduling so you can determine when it can be rented
- Marketing to attract renters and earn you money


We're trying to understand the concerns that owners may have and we'd really appreciate your opinions. If you're so inclined, please just reply to this message and I'll contact you for a 10-15 minute conversation. If not, please copy and paste the following questions with your answers.

Thanks in advance for helping us to get our business off the ground and create jobs in this time when people really need them. If you're interested in having your boat listed, we're giving a 50% discount on commissions to the first 200 people who give us their email; contact us and we'll get you set up.

Kind Regards,
Chris Farkas


Survey:
-Would you consider renting your boat...
-to family?
-to friends?
-to others?

-What concerns do you have about renting your boat?

-Do you keep a lot of personal items in your boat that would need to be removed before it could be rented?

-How much would you like to earn renting your boat in a year?

-How much would you charge to rent your boat?

-How often would you want to rent it?

-When would want to rent your boat? (i.e. weekends, holidays, etc.)? 5

-Would you prefer to rent to others only for one day, multiple days, a week or more?

-What kind of boat do you have?
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Old 10-29-2010, 07:33 PM
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You should probably spam craigslist with your questions.

CL seems to have dozens of boats, PWC's, RV's etc...advertised for rent by owners. So much so that I started a thread here on that very subject.

Why the hell would somebody risk their financial future by renting out their personal boat to some NIMROD that just might go out and kill somebody with it???

Personally, I care too much about my stuff and my money to take the risk...



I have heard that it is one way to keep a few steps ahead of the repo man, but hey, that is a whole other story!!!


And BTW, since you are already calling yourself a business, why not pony up a few bucks and sign up for a vendor forum here on THT. Or a sponsorship??? You just might get the cooperation that you are looking for...

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Old 10-29-2010, 07:57 PM
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Originally Posted by eAlchemist View Post
I'm starting an online website to help boat owners securely rent their idle boats to family, friends, and others.

We plan to offer:
- Insurance and contracts to secure your boat and limit your liability
- Scheduling so you can determine when it can be rented
- Marketing to attract renters and earn you money

What sort of insurance? Based on your business model, what will you have to rent a boat for to break even.

We're trying to understand the concerns that owners may have and we'd really appreciate your opinions. If you're so inclined, please just reply to this message and I'll contact you for a 10-15 minute conversation. If not, please copy and paste the following questions with your answers.

Thanks in advance for helping us to get our business off the ground and create jobs in this time when people really need them. If you're interested in having your boat listed, we're giving a 50% discount on commissions to the first 200 people who give us their email; contact us and we'll get you set up.

Kind Regards,
Chris Farkas


Survey:
-Would you consider renting your boat...
-to family?
-to friends?
-to others?

No

-What concerns do you have about renting your boat?

None. I'm not renting it.

-Do you keep a lot of personal items in your boat that would need to be removed before it could be rented?

No, I'm not renting it.

-How much would you like to earn renting your boat in a year?

$1,000,000

-How much would you charge to rent your boat?

$2,000,000, I have high expenses.

-How often would you want to rent it?

Ten times

-When would want to rent your boat? (i.e. weekends, holidays, etc.)? 5

Hurricanes and cold fronts mostly.

-Would you prefer to rent to others only for one day, multiple days, a week or more?

Let's just do the ten days at $10M and get it out of the way.

-What kind of boat do you have?

Sounds like a tender to me.

Yes, please call me!
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Old 10-29-2010, 08:40 PM
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Am I too late to get in on that 50% discount.
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Old 10-29-2010, 09:19 PM
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^^^^^^^^^^^

Yep, you are #201! You snooze, you lose!!!
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Old 10-30-2010, 01:49 AM
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Boy did you ever blow it, don't you know you are supposed to say pretty please first.
Your opinions for someone starting a boating business, please
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Old 10-30-2010, 02:25 AM
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I also have an overall negative view of this - so cannot really help - unless that statement helps.
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Old 10-30-2010, 03:11 AM
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Bob, what are you doing up? Now go back to bed, school doesn't start for another 3 hours.

edit: oh, right, it's Saturday.........well, go watch cartoons and be quite, everyone else is still sleeping.
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Old 10-30-2010, 03:28 AM
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Never had a boat that I disliked enough to rent !
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Old 10-30-2010, 05:20 AM
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Originally Posted by Garett View Post
Bob, what are you doing up? Now go back to bed, school doesn't start for another 3 hours.

edit: oh, right, it's Saturday.........well, go watch cartoons and be quite, everyone else is still sleeping.
Got me!
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Old 10-30-2010, 08:36 AM
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Originally Posted by C Dave View Post
Never had a boat that I disliked enough to rent !








Me either!



I have heard that some guys rent out their wives for that very reason though!

Maybe this guy should re-think his business plan!!!
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Old 10-30-2010, 09:23 AM
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I think we have about a hundred or so units sitting right now; all available for you to rent for us; especially if you are covering the liability end of it--come get em all!!!
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Old 10-30-2010, 09:30 AM
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Originally Posted by erie skipper View Post
I think we have about a hundred or so units sitting right now; all available for you to rent for us; especially if you are covering the liability end of it--come get em all!!!












Yeah, as the previous boss here used to say (or so I've heard), an insurance payoff is better than going thru the hassle of a sale any day of the week!

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Old 10-30-2010, 09:51 AM
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Originally Posted by eAlchemist View Post
I'm starting an online website to help boat owners securely rent their idle boats to family, friends, and others.
If you want my opinion join THT as a vendor.
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Old 10-30-2010, 04:07 PM
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Originally Posted by Garett View Post
Boy did you ever blow it, don't you know you are supposed to say pretty please first.
Your opinions for someone starting a boating business, please
Word of advice NEVER ask for ADVICE on THT for something when you are a
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Old 10-30-2010, 04:20 PM
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Well I guess we can count on him never being a sponsor
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Old 10-30-2010, 07:40 PM
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Tough crowd











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Old 10-30-2010, 07:57 PM
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This will never take off, your target market of renters will want to rent certain high end boats and your target market of rentees are so financially stable that even if your going rate was 5k that number is so small it wouldn't even faze them. Not to mention who is going to clean up the rented boat, not the owner nor the renter. On a side note Marina One, my local marine club has a boat club which I'm pretty sure starts at 495 a month which gives you unlimited boating, just take the boat out, bring it back, no hassles. Good idea but the return on investment is terrible.
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Old 10-30-2010, 08:35 PM
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While you might be on to something and I think there is a market for this sort of things it will be a tough sell. Like someone said earlier, the high end boats that people might want to rent won't be available because thier owners make enough money to not rent thier boats out. You would have a hard time convincing the owner of a 36 Yellowfin to let some unknown person rent thier boat in what is obviously unknown waters run thier boat. It works with high end cars in certain locations because thier enters have thier own fleet. you might be better off trying to aquire a small fleet of boats in a place like Miami, the Keys, or the Bahamas and rent them out. JMHO
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Old 10-30-2010, 09:56 PM
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Hey, what the heck is going on here?
Don't you guys know you're not supposed to put gasoline on a fire.
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