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ENTREPRENEUR – Stephen Alvarez, 26, transitioned from working at a dental supply company to becoming a successful Turo host. Initially, he supplemented his income by driving for Uber and owning a few cars. In 2018, inspired by an Instagram ad about a successful Turo host, Alvarez listed his cars on the platform. His father had instilled the value of self-investment and opportunity-seizing in him. He grew his fleet to 240 cars and earned $170,000 monthly. He sold a stake in the business and now manages the team. Alvarez believes anyone can do this with time and effort. Unlike traditional rental companies, Turo allows customers to select specific vehicles and avoid long lines. The app enables seamless vehicle access and return, providing a smooth and efficient rental experience.
By AMANDA BREEN | JUL 9, 2024
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HBR – Organizations are navigating the uncertain terrain of flexibility amid the COVID-19 pandemic. While touting its benefits, leaders and employees vary in how they define and implement workplace flexibility. Vague notions of flexibility often result in superficial approaches, leaving employees unable to leverage flexible work options effectively. The article emphasizes the need for a transformative approach termed “true flexibility,” aligning employer and employee interests for mutual benefit. It advocates for inclusive flexibility policies, clear frameworks, employee empowerment, and leadership support to achieve sustainable flexibility that enhances both productivity and work-life balance.