5. Renting Moving Totes: From $2,000 Startup to 61% Utilization with David Stillson
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About this listen
David Stillson hated cardboard boxes — and that frustration turned into a business.
When David and his wife Nikki needed to move, he went looking for a cheaper alternative to buying boxes and stumbled onto tote rental. For about $2,000, he bought a pallet of commercial logistics totes and dollies, used them for his own move, and started renting the rest. Their first customer needed totes to transport live coral from a 180-gallon fish tank. Their fourth rental was a 150-tote corporate order they didn't have the inventory to fill...yet.
Now they're running 380 totes out of their garage, hitting 61% utilization, and booked out weeks in advance with residential movers, real estate agents, and corporate clients.
In this episode, David covers:
→ How he researched and validated the idea using ChatGPT and competitor scraping
→ Why he chose commercial logistics totes over $7 Home Depot bins
→ The bundle pricing structure that makes it easy for customers to say yes
→ How in-person networking (and premium cookies) outperformed paid ads
→ Logistics of delivering, cleaning, and storing hundreds of totes from home
→ His advice for anyone who wants to start a rental side hustle this year
If you've been looking for a physical rental idea that's low drama, low loss risk, and easy to scale from your own driveway — this episode is for you.