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cover of episode How A Bad DMV Experience Inspired Jonas Frey's Multi-Million Dollar Business

How A Bad DMV Experience Inspired Jonas Frey's Multi-Million Dollar Business

2024/8/27
logo of podcast Money Rehab with Nicole Lapin

Money Rehab with Nicole Lapin

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Jonas Frey's frustration with the DMV's appointment system in Las Vegas led him to create Appointment Trader. He realized the inefficiency of waiting in line and the lack of a marketplace for time slots, leading to the idea of trading appointments, starting with the DMV.
  • Appointment Trader was initially conceived as a solution for booking DMV appointments.
  • The inefficiency of the DMV appointment system highlighted the market need for a service like Appointment Trader.

Shownotes Transcript

When today's guest talks about his business, you're going to wish you started it. Today, Nicole is talking to Jonas Frey, who founded Appointment Trader— a company that buys and sells coveted reservations at restaurants, on golf courses, and more. Nicole and Jonas talk about how Jonas used rent money to start this company, how the DMV inspired his business idea… and what the critics are saying.

Check out Appointment Trader here: https://appointmenttrader.com/

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