With Merely $100 And A Vision, This Woman Built A Business On Car-Sharing Platform Turo

  • 📰 ForbesWomen
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Jennifer Cunningham was pushed into single motherhood with $100 to her name. She shares how Turo helped her write a new trajectory and is helping other entrepreneurs.

conducted by Turo illustrated that 66 percent of hosts identified themselves as male and 34 percent as female with 20.8 percent noting they were immigrants. Of those, 59 percent are of minority descent– notably, Black/African hosts have tripled since 2019 and Hispanic/Latinx representation has also increased.

“I make approximately $1,000 per car on average,” says Cunningham who believes that as she expands her business while providing single mothers career opportunities, she’ll be able to “make $500 to $700 profit per car per month on average for a 20-vehicle fleet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 477. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines