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Recent content by Vince P

  1. Vince P

    Everything can be rented

    Indeed, I expect one of the biggest challenge when launching this is creating the community in the platform since it involves building up the credibility. Although that concern exist in every business venture, I see that not only do they need to trust business but they also have to trust the...
  2. Vince P

    Everything can be rented

    True, that is the biggest possible threat that people say whenever I would pitch in my idea. "What if my item gets damaged?" "What if the returned item is not mine? What if the returned item is actually fake, mine gets stolen?" Honestly, I have no clear answer it right now. The option I can...
  3. Vince P

    Everything can be rented

    Thank you! Was really thinking of having a business-to-business model once I expand. Just an example. A company has a generator lying around, I can provide the service of connecting that company to another business wherein they need a generator. Maybe even expand to car and equipment...
  4. Vince P

    Everything can be rented

    Just an update on this. Finally resigned from my job and will now start developing this. No turning back now.
  5. Vince P

    Everything can be rented

    WOW. I don't think we do that here but that is definitely be a threat.
  6. Vince P

    Everything can be rented

    You mean like stores that purchase used appliances? We those however, people are more into purchasing then holding on to it in and repair it until it is no longer useful then place them in their garage or backyard.
  7. Vince P

    Everything can be rented

    Thank you! Yes, very similar. I think i can take advantage of the geographical difference and the purchasing power in my country. People there might find it easier to purchase item X while item X here might be too expensive for people living here therefore they might just opt borrowing it. *...
  8. Vince P

    Everything can be rented

    Might be true. I just believe that there is a service gap when it comes to renting items and I think this model can actually add value to customers as well as add value to items that are just collecting dust. I will keep exploring/ experimenting. Might get some traction and see if the market...
  9. Vince P

    Everything can be rented

    That's awesome, anotherjmc! sent you a message!
  10. Vince P

    Everything can be rented

    Thanks, Xeon! I agree. I need to be calm and think this through on how to execute this. I will start small by targeting a minor city within Metro Manila. A city wherein most of it consists of homes not commercial properties. I think this is ideal since people who live in houses tend to horde...
  11. Vince P

    Everything can be rented

    Hi njord! Yes, that is part of it. But that is not the business. There are already existing platforms here that people post items for sale and for rent. But no other company that I know of provides a service that picks up the item from the lender, deliver it to the borrower, then pick it up...
  12. Vince P

    Everything can be rented

    Hello Neng Her, I was thinking of the same model as AirBnb. The liability of the item is between the lender and the borrower. The company will only be liable during the item's pick up and delivery. We have them check that the item is in good order when it was picked up and delivered. that is...
  13. Vince P

    Everything can be rented

    Thank you, Nate. Labor is considerably cheaper here in the Philippines as compared to the US. I was thinking of having the delivery and pick up fee fixed to a certain amount. The riders can be on-call and provide their own motorcycle like "Grab Delivery" here. Basically riders can just be...
  14. Vince P

    Entrepreneur that is stuck in a stock brokerage firm

    Entrepreneur that is stuck in a stock brokerage firm
    • Vince P
    • Profile post
  15. Vince P

    Everything can be rented

    I hope you guys can help by giving feedback in my idea. Basically what I envisioned is to make everything for rent. what I can provide is the logistics and the payment side. Infrastructure: Platform for website and app that anyone can post their stuff. They make a profile and they will have to...
    • Vince P
    • Thread
    • business feed feedback feedback needed feedback please idea new philippines startup venture
    • Replies: 34
    • Forum: Ideas, Concept Feedback
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