Will 100% of my fleet be rented out all of the time, so that I can earn the most amount of passive income?
No. You will never see 100% of your fleet rented out. This is due to battery life, weather, seasonality, and other reasons. Also, please note that most people will ride scooters from 8 am till 12 am, with peak times around 6-7 pm. Our team does everything on ground to make sure your vehicles are properly fixed and placed in locations that earn the most amount of passive income for you.
Will any thefts, breaks beyond repair occur and if so, what percentage of my fleet do I expect to lose? And how will it impact my passive income?
From our experience operating in Florida, Louisiana, California, Texas, Georgia and Hawaii, we have seen anywhere between 10% to 30% of the fleet go missing. This happens due to a number of reasons, but primarily due to theft, vandalism and mechanical issues. Despite all of this, the amount of money you will make on the remaining fleet will more than cover these loses. Also, in number of years operating in the industry, we've created the best possible vehicle, The Cruiser, that has proven to make 4x more than scooters used by like Bird and Lime. This is based on millions of dollars of ride revenue and comparing data of 1000s of vehicles side by side. We use Cruiser and best in class vehicles to maximize the amount of passive income you can earn with us.
Will scooters be rented out 100% of the time?
No. Scooters need to be recharged and fixed by our ops team at times. But don't worry, you will be very happy with the passive income your fleet will earn.
What happens if the city or state changes scooter laws?
Go X invests heavily in legal and operational capabilities in various jurisdictions with a primary goal of always being a legal operator. However, in reality scooter laws can change. We don't expect this to happen anytime soon, but in case it does happen, then we will redeploy your fleet in one of Go X's other markets. Go X will cover the moving costs and make sure that there's limited impact on your passive income.
What other risk factors can occur in renting out scooters?
There can be seasonality issues – weather, hurricanes and other natural issues. Our team is best in class in operating and has weathered a number of issues in the past. We try to go above and beyond to deliver for all of our investors, and make sure that they earn the most amount of passive income possible.
What happens if my scooters become unrentable in a particular market? Will I stop earning passive income?
Go X will always look out for your best interest and in rare circumstances will return the sum equivalent to your original purchase if the scooters in a market become no longer rentable. Our goal is to make sure that you are happy that you have chosen to trust us with your passive income investment, and we will strive to go above & beyond for you.
Why does is say that I get my money back in Hawaii in 88 days, but in 135 days in Clearwater?
The usage of scooters varies by season and market significantly. These days are derived based on usage that we have seen in these markets. However, today we aim to generate 1.5x return on your investment over 10-12 months. This is still the best possible passive income resource on the market today and we have been overwhelmed with positive response from our existing investors.
How does earning passive income compare on Turo, AirBnb and Go X?
Passive income has become an increasingly popular way for investors to earn a steady stream of income without actively managing their investments. In recent years, a number of platforms have emerged that allow people to earn passive income by renting out their assets, such as cars, apartments, or scooters. In this article, we will compare three popular platforms - Turo, Airbnb, and Go X - and discuss the pros and cons of each.
Turo is a platform that allows people to rent out their cars to others. This can be a great way to earn passive income, as the platform takes care of the rental process and the owner doesn't have to be present for the rental to take place. However, there are some drawbacks to using Turo. For one, the owner is still responsible for maintaining the car, which can be time-consuming and costly. Additionally, the returns on Turo may not be as high as with other platforms, with owners typically earning around 30% of the rental price.
Airbnb is another popular platform for earning passive income. It allows people to rent out their apartments or homes to travelers, who can book a stay through the Airbnb website or app. This can be a great way to earn passive income, as the platform takes care of the rental process and the owner doesn't have to be present for the rental to take place. However, like with Turo, there are some drawbacks to using Airbnb. For one, the owner is still responsible for maintaining the property and providing a clean and comfortable experience for guests, which can be time-consuming and costly. Additionally, the returns on Airbnb may not be as high as with other platforms, with owners typically earning a small portion of the rental price.
Go X is a platform that allows people to invest in scooter fleets and earn money from each rental that takes place. This is similar to the way that Airbnb allows people to rent out their apartments, but with the added convenience of not having to be involved with any operations. The team at Go X takes care of all of the operations, including maintaining the scooters, marketing the rentals, and handling customer service, so investors can earn passive income without having to do any of the work themselves. One of the key benefits of investing on the Go X platform is the potential for up to 50% annual returns, significantly higher than the returns available through other platforms. Additionally, the Go X platform offers the added security of being backed by a team of experienced financial professionals, who use their expertise to manage the platform and ensure that investors' funds are always invested in the most promising opportunities. In conclusion, there are a number of different platforms available for earning passive income through renting out assets. Each platform has its own pros and cons, and the best one for you will depend on your individual circumstances and goals. However, if you are looking for a hands-free approach and the potential for high returns, then Go X is probably the best option out there.
How does Go X compare to Lime, Bird, Spin and other scooter rental companies?
Go X is a scooter rental company that has pioneered a unique business-to-business (B2B) partnership model. Unlike other scooter rental companies, such as Lime, Bird, and Spin, which provide a dockless experience where scooters are simply dumped in a city and customers can pick them up and drop them off anywhere, Go X partners with businesses like hotels, restaurants, and bike rental shops to serve as docking stations for people to pick up and drop off scooters. This approach has several advantages over the traditional dockless model, and has made Go X the largest B2B scooter provider in the world.
One of the biggest advantages of Go X's B2B partnership model is that it eliminates many of the problems that are associated with dockless scooters. Dockless scooter companies like Lime, Bird, and Spin often experience high levels of theft, vandalism, and operational costs. They are also subject to strict city regulations, and must compete with other scooter companies for market share. In contrast, Go X's partnerships with local businesses mean that it is the sole provider of scooter services in the cities where it operates. This eliminates the need for expensive operations, and makes it easier to align with local governments and support small businesses.
In addition to its B2B partnership model, Go X is also the only scooter company in the world to offer an investment platform. This platform allows investors to invest in Go X scooter fleets and earn money from each rental that takes place. The platform is managed by a team of experienced financial professionals, who use their expertise to ensure that investors' funds are always invested in the most promising scooter markets. This offers investors the potential for steady passive income with low risk and the potential for up to 50% annual returns.
Overall, Go X's unique B2B partnership model and investment platform make it a standout player in the scooter rental industry. Its approach eliminates many of the problems associated with dockless scooters, and offers investors the potential for high returns and low risk. For these reasons, we believe Go X is the best scooter company out there.
What are Go X self driving scooters? What is Go X Apollo?
Go X launched first 100 self-driving scooters in the world in Peach Tree Corners, GA. Dubbed the "Go X Apollo," the project uses a combination of automation and human input to deliver a seamless and efficient scooter experience. To use a Go X Apollo scooter, customers simply request a ride through the company's app. The scooter will then drive itself to the customer's location, just like an Uber. Once the rider is finished with their trip, the scooter returns to a charging station on its own.
The technology behind the Go X Apollo scooters was developed in partnership with Tortoise, a company specializing in autonomous technology. Each scooter is equipped with a range of sensors and cameras that allow it to be remotely operated by a team of drivers in Mexico. These drivers can see live feedback of a scooter's location and navigate it to the customer in real time.
The Go X Apollo project received a lot of attention when it launched, with over 200 articles written about it. Fast Company even awarded Go X the "Most Innovative Idea" award in 2021.
In addition to its self-driving scooters, Go X is also known for its business-to-business (B2B) partnerships. The company offers scooter rental services to through a network of partners that serve as docking stations for customers to pick-up and drop-off scooters. Go X is currently the largest B2B provider of scooters in the world.
Overall, Go X's unique combination of self-driving technology and B2B partnerships make it a standout in the scooter industry. The company's innovative approach to scooter design and use has earned it a reputation as a leader in the field.
How does Go X Investment Platform compare to stocks, bonds, crypto investments, real estate and investment in mutual funds?
Go X Investment Platform is a unique investment opportunity that allows individuals to invest in scooter fleets and earn money from each rental that takes place. Unlike other asset classes such as stocks, bonds, crypto, real estate, and funds, Go X offers a 100% investment guarantee and monthly payouts, providing investors with peace of mind and liquidity.
When it comes to stocks, there is no guarantee if the investment will go up or down, and the market has been volatile in recent years. In contrast, Go X investors are able to make 1.5X return on their investment in 10-12 months, with a 50% annual return. This is significantly higher than the market average and provides investors with a reliable source of passive income.
Similarly, real estate investments can be illiquid, with investors having to wait for long periods of time to see a return on their investment. With Go X, investors receive monthly payouts, allowing them to access their funds quickly and easily.
Investment funds also present risks, with no guarantee of returns. Go X, on the other hand, provides a 100% investment guarantee, ensuring that investors can get their funds back if they are not satisfied with their investment.
In summary, Go X Investment Platform is a unique and innovative investment opportunity that offers better than market returns, liquidity, and a 100% investment guarantee. It is the ideal platform for passive income and provides investors with peace of mind and security.
What are the risks associated with Go X Investment Platform?
While investing in Go X scooter investment platform offers the potential for higher than market returns and a 100% investment guarantee, there are still risks involved. Some potential risks include:
- Market risks: The scooter rental market is relatively new and rapidly evolving, which means there is a potential for changes in demand and supply that could impact the profitability of scooter rental businesses.
- Operational risks: Go X team takes care of operations, marketing, and other aspects of the business, but there is still a risk that they may not be able to manage the scooter fleets effectively or adapt to changes in the market.
- Competition risks: As the scooter rental market grows, there may be increased competition from other companies offering similar services, which could impact the profitability of Go X investments.
- Legal and regulatory risks: The scooter rental industry is subject to various laws and regulations that may change over time, and Go X investors may be exposed to legal and regulatory risks if these changes are not managed effectively.
Overall, while investing in Go X scooter investment platform offers the potential for higher than market returns, investors should be aware of the potential risks and carefully consider whether this investment is suitable for their individual circumstances.
Should I invest in Go X scooters?
Investing in Go X Investment Platform is a good idea for several reasons. Firstly, Go X offers better than market returns, with investors able to make 1.5X return on their investment in 10-12 months and a 50% annual return. This is significantly higher than the market average, providing investors with a reliable source of passive income.
Secondly, Go X provides a 100% investment guarantee, ensuring that investors can get their funds back if they are not satisfied with their investment. This provides peace of mind and security for investors, who can be confident that their funds are protected.
Thirdly, Go X offers liquidity, with monthly payouts allowing investors to access their funds quickly and easily. This is in contrast to other investment classes such as real estate, which can be illiquid and require investors to wait for long periods of time to see a return on their investment.
In summary, investing in Go X Investment Platform offers the potential for higher than market returns, a 100% investment guarantee, and liquidity. It is a reliable and secure investment opportunity, making it a good idea for investors seeking passive income.
What is the investment process and how do I get started?
To start on Go X investment platform, you just need to make a deposit and then the team will deploy your scooters in the field. Once that happens, your data will populate in 24 hours and you will be able to see how your scooters are rented out in real-time. You will be able to track how much passive income you are making on the daily basis.
How do I access my funds and receive my payouts?
You will connect your bank account on our dashboard and you will receive monthly payouts from your investment.
Is there a minimum investment amount and what are the fees involved?
The minimum investment amount is $6,000 in 3 scooter fleet. This is the minimum amount due to very high investor demand on our platform.
How does Go X ensure the safety and maintenance of the scooter fleets?
Go X takes the safety and maintenance of its scooter fleets very seriously. To ensure that all scooters are in top condition and perform to the highest standards, Go X has operations teams in the field who are responsible for fixing, charging, and maintaining the scooters.
These teams use real-time software to track any issues with the scooter fleets, allowing them to respond quickly and efficiently to any problems that may arise. Additionally, Go X has a team that works 24/7, 365 days a year, ensuring that any issues with the scooters can be addressed promptly and efficiently.
In addition to the operations teams, Go X also has strict safety protocols in place to ensure the safety of its scooter fleets. This includes regular inspections and maintenance, as well as training for all team members to ensure that they are equipped to handle any potential issues that may arise.
Overall, Go X takes a comprehensive approach to ensuring the safety and maintenance of its scooter fleets, with operations teams in the field, real-time tracking software, and 24/7 support. This ensures that all scooters are in top condition and ready to provide a safe and reliable service for customers.
What is the company’s track record and performance history?
Go X is a leading scooter company that has raised millions from top investors in Silicon Valley. The company has a strong track record and has achieved impressive growth in recent years.
Go X is #1 micro-mobility company in Hawaii, Louisiana, and Florida, and has been covered by over 300+ publications. The company has reached #52 in the travel category in the App Store multiple times, ahead of juggernauts like Uhaul, Orbitz, Kayak, Disney, and Hertz.
In 2021, Go X was awarded Fast Company's Most Innovative Idea Award, recognizing its innovative approach to scooter rental market. In the last 6 months Go X has paid out over $3M to investors on its investment platform.
Overall, Go X has a strong history and track record, with a proven ability to grow and succeed in the scooter rental market. This makes it a compelling investment opportunity for investors looking to earn passive income.
How does Go X ensure compliance with relevant laws and regulations?
Go X takes compliance with relevant laws and regulations very seriously. The company has a dedicated team of legal and compliance professionals who are responsible for ensuring that all of its operations are in line with the latest laws and regulations.
To achieve this, Go X has implemented a number of measures and processes to ensure compliance. This includes regular reviews and audits of all of its operations, as well as training for all team members to ensure that they are aware of the latest laws and regulations.
Additionally, Go X works closely with local authorities and regulators to ensure that it is meeting all of the relevant requirements and standards. This includes obtaining all necessary licenses and permits, as well as collaborating with regulators to develop and implement industry-wide standards and best practices.
Overall, Go X takes a proactive and comprehensive approach to compliance, ensuring that all of its operations are in line with the latest laws and regulations. This allows the company to operate safely and effectively, providing a reliable service for customers and investors.