Rentah.com: where anyone, can rent anything. #SharingEconomy
Rentah.com: where anyone, can rent anything. #SharingEconomy
Rentah is a peer-to-peer marketplace where individuals and businesses can rent out their goods, services and spaces now.
Rentah is a peer-to-peer marketplace where individuals and businesses can rent out their goods, services and spaces now. Read more
About this project
Hello from the Rentah team! We’re proud to announce that over the past year, we’ve successfully built the first iteration of Rentah.com - a world-changing sharing economy company.
In the midst of rising prices and stagnant wages, consumers are taking notice of the benefits of peer to peer marketplaces, (AirBnB being the most famous), moving away from the traditional model of conceding to the fixed prices of big industry and instead, renting and buying directly from their peers. Through Rentah, we’ve built a product that responds to this growing demand, and offers a complete solution to the broadest range of rental needs. Earlier this week, B-Corp Etsy celebrated their very successful offering on the NASDAQ. Like Etsy we too plan on becoming a B-Corp, while building a marketplace that’s open to the world.
With the rise of companies built on the foundation of collaboration, sustainability, and consumer needs, Rentah’s mission and business model position us to be a major player in this changing economy.
Our Missions Statement is as follows: To help people and businesses alike save and/or make enough money to “pay the rent”, all while being socially and environmentally conscious.
The Idea: Rentah originated from its Danish sister company, Lejdet.dk (Rent It), which currently holds the largest peer-to-peer rental inventory in Europe. Because of Lejdet’s considerable success and growth, Rentah applies the same concept to the American market.
Rentah earns revenue by charging a 5% commission to the profiting entity in every transaction conducted through the website.
or...We don't make a Nickel until you make a Dollar!
Our user experience, which we are currently working on, is fluid and simple enough for anyone to understand, use, and enjoy. The process starts when our user searches for something, like a power drill, a dog walker, or a studio to host a yoga class. After finding it on Rentah, our user places an inquiry. The person that is providing the good, space, or service either accepts or declines the bid. If the provider accepts the bid, the renter receives a numerical code. The two will agree to meet up or have the item or service delivered. If everything is satisfactory, the code is exchanged and imputed by the provider and the transaction begins. The user then enjoys and returns the item. We also accept deposits within our payment platform which is powered by STRIPE, and we are implementing a delivery system for goods with our partners at ZIPMENTS.
As Rentah advances, we strive to become the foremost source for all things rental. A consumer will be able to find everything they need at affordable rates and the Rentah platform will provide anyone, anywhere, the tools to earn money from their assets and skills. We like to envision ourselves as the next generation of Craigslist, capable of doing what all of the modern shared economy sites are doing under one platform and with an easy-to-remember name.
Lets walk through our website:
This is the first panel of the landing page.
Our primary aim is simple – to help you find any space, service, or good you desire.
Behind the landing page we have created a dashboard for users to monitor their accounts.
It is through this dashboard that you can message potential customers and businesses, measure your income and expenses, as well as find the newest and featured items on Rentah and keep detailed business accounts. We are trying to give you all the tools needed to thrive in this new economy and take ownership of your personal business.
Here is an example of what each person, freelancer, or business' profile would look like: In the near future we will incorporate areas where people can highlight their experience and accomplishments i.e Flickr or SoundCloud accounts for photographers and musicians. It is important that we highlight each user’s potential and skill-set as it will foster greater trust within our community.
What we will do with the money:
We are going to spend it ALL on our product and the brilliant employees and interns that are building it with a little sprinkling used for marketing materials.
The next phase in our technological and product development will see an increased focus on enhancing our overall user experience (if we want everyone to use this we must simplify), our API (we want to be able to share our products with like minded blogs and businesses), and referral program (without giving too much away- we promise no one else "Shares" like we do) which we will complete this summer!
With these funds, we will be able to speed up the progress we have been making and begin to properly produce OUR vision of the Sharing Economy (for context of OUR check the $25 reward tier). We cannot begin to describe how important this support is regarded by the Rentah team. If we will conquer this lucrative market we will need the support of the public and popular opinion. This is why we are here on Kickstarter, to hear from you. :).
We will take all your questions, thoughts, input, ideas and support with the highest levels of consideration and appreciation.
The Rentah Team
The Team: Anup Yogi Desai - Founder and CEO - an adjunct professor in Geography and Philosophy who has done international work in India and Mexico, and has been involved with multiple non-profits. Anup manages partnerships, directs the internal workings of the company, and works tirelessly to bring his vision for the Collaborative Economy to reality.
Kasper Honoré - Founder and C.O.O.: Kasper is the person driving the unprecedented growth of LejDet.dk in Europe. Under Kasper’s direction LejDet.dk has grown to become the most comprehensive shared-economy site in all of Denmark and is even gaining the recognition of the Danish Environmental Ministry for its commitment to reduce consumption.
Sajid Zaman - Co-founder and Technical Advisor: Graduated from the College of Staten Island with a Business Economics degree, Saj recently partnered with Rentah, where he manages the technology department as well as managing his own Start-Up - Wrevel.
- To help people and businesses alike, earn or save enough money to "pay the rent" in a manner that is both socially and environmentally conscious.
Risks and challenges
People have told us that we are aiming too high and are too broad. It is our opinion that our broadness will allow for a convenience that no other site can offer.
Our proof that this concept works is our relationship and partnership with LejDet.dk (Rent It). Through our exchange of ideas and tactics we have a solid proof of concept that this is an idea people can get behind.
The sharing economy has gotten much flack from many economists and government officials. I do not blame them for their anger. Companies tend to talk about the "Sharing" and "Community" factor but disregard rules regarding taxation and permits.
We aim to tackle this issue by being true to our word and our mission statement. We take a minimal 5% to keep the money in the hands of the community. We are working on implementing within our dashboard a simple method for you to understand how much you should pay on your taxes as an independent contractor if you so wish. We are also working on creating a simple framework for you to navigate your way around the shared economy. Often times simple renter's and individual business insurance would cover everything you do on Rentah and bring you the legitimacy that not only Rentah appreciates, but also your future customers. Our goal is to create many jobs and we want to make sure you are protected and maximizing your entrepreneurial potential.Learn about accountability on Kickstarter
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