Sebastian Brokmann CEO of RentMyRide
How would you describe yourself in 3 words?
High Energy Level, Positive, Always seeking opportunities
Tell us about your business.
RentMyRide is South Africa’s first peer-to-peer car rental company. Globally peer-to-peer car sharing is a success and it is now also taking off in Africa. Our aim is to provide a sustainable and accessible solution for people to get around in South Africa while supporting the shared and local economy. Our concept is based on the success stories “Turo” in USA and “Snappcar” in Europe.
How did you get the idea for your business?
I was on a sabbatical here in South Africa and met the founder of RentMyRide. Since the concept of peer-to-peer car rental is big in Europe and USA I thought it would be interesting to join this venture. Besides, the mission of RentMyRide aligns with my values.
Who is someone you really admire?
Richard Branson. For me he is one of the top entrepreneurs in the world. I admire his business sense, thirst for adventure and desire to give something back to the world.
If you had one piece of advice for someone just starting now, what would it be?
First find the right people, and then create the business plan. I believe it is important to work with competent people who you can rely upon, preferably with complementary qualities.
What’s the best advice you’ve ever heard?
Perseverance is the key to success.
How do you manage stress?
I sport quite frequently; I enjoy hiking in the mountains.
What are your most valuable skills?
Networking, Sales, Positive Outlook, Outgoing, Energetic
Have you experienced a failure and how do you deal with failure?
We hired a developer who was unfortunately not meeting our expectations, which caused a delay in setting up the business and structure. In general, I believe that through failures we learn lessons that life is teaching us. I think it’s actually subject to success, as we grow from the mistakes and it keeps us focused.
What costume would you chose for Halloween?
If you were deserted on an island, what would you bring?
My girlfriend Hayley and our little girl (arriving in 2 months).
If you could move to any place of the world where would it be?
I moved to Cape Town, South Africa, 2 years ago and I really love it. The country and the people still amaze me every day, there is much to explore and the climate is great.
If you were 80 years old, what would you tell your children?
Try to make the best of every moment, be kind to everyone you encounter and trust in yourself. If possible try to set up companies, gain experiences and live your life to the fullest.
What are you reading now?
The Subtle Art of Not Giving a Fuck
What was the first thing you bought with your own money?
CD burner to sell CD’s at high school.