Hey everyone,
I’m a 21-year-old student trying to think more seriously about money and long-term income. I’ve been exploring different ideas, and one that keeps coming up is getting into transportation, specifically buying a minibus and running it as a small business.
Let’s say hypothetically I had around 300k to work with. The idea would be to buy a decent used minibus and hire a driver.
From what I see around me, public transport is always in demand, and minibuses rarely sit idle if they’re on a good route. But I also know it’s not as simple as “buy bus = make money.”
Things I’m unsure about are:
- How risky is this actually? (accidents, repairs, theft, etc.)
- How hard is it to manage drivers without getting taken advantage of?
- Hidden costs I’m probably underestimating?
- Whether this is even a smart move vs. investing elsewhere
I’m not looking for the hype only — I want the honest downsides too. If you’ve been in the transport business (or seen someone close do it), what would you tell someone like me before getting started?
Would you do it in my position, or is there a better way to use that kind of money ?
Appreciate any real insight.