Swimply

An online platform that allows homeowners to rent out their pools to others, similar to Airbnb.

Why It Works

It taps into the underutilization of private pools, providing homeowners with extra income while offering users access to pools without the commitment of ownership.

Revenue & Traction

Some users reportedly make six figures from renting out their pools.

Founding Story

Not mentioned in the transcript

Business Playbook

Leverage existing resources (pools) for income generation while providing a service to those seeking recreational spaces.

Why this works now

Airbnb’s user-generated content model allows Swimply to thrive by leveraging reviews and ratings from pool renters, enhancing trust for new users. To generate initial revenue, Swimply could target local homeowners through neighborhood Facebook groups, effectively reaching potential renters directly. A significant risk for Swimply is the regulatory landscape, as local zoning laws may restrict short-term rentals, impacting the availability of pools for rental in certain areas and complicating compliance.

Additional Information

The concept could be replicated for other sports facilities, such as pickleball courts.

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