For Subscribers

Ticket to Ride

The gas crisis is good news for fuel-efficient transportation businesses.

By Karen E. Spaeder •

Opinions expressed by Entrepreneur contributors are their own.

Gas prices this high for this long? It's downrightuncomfortable. In fact, it's enough to get consumers to changetheir behavior. Rising prices have many consumers turning toalternatives-- from car-sharing services to scooters--andentrepreneurs are reaping the rewards.

Take Scott Griffith, CEO of Zipcar Inc. based in Cambridge, Massachusetts.The $15 million car-sharing service lets its members reserve a caronline by the hour or by the day, walk to the nearest pickuplocation and drive away--gas and insurance included. Currently,Zipcar operates in 29 cities and gets an average of 2,500 newmembers per month.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve
Join Now Log In

Related Topics

Magazine Entrepreneur Magazine

Editor's Pick

The Dark Side of Pay Transparency — And What to Do If You Find Out You're Being Underpaid
Thinking of a Career Change? Here Are 4 Steps You Can Take to Get There.
A Founder Who Bootstrapped Her Jewelry Business With Just $1,000 Now Sees 7-Figure Revenue Because She Knew Something About Her Customers Nobody Else Did
Use These Words and Gestures to Impress Your Boss
Everything You Need to Know About Franchise Law
The Top 2% Swear By This Negotiation Tactic Most People Overlook

Most Popular

See all

By Amanda Breen

Business News

'I Don't Feel Like It's Unreasonable': A-List Actor Refused Service At Hotspot For Not Following Dress Code

Academy Award-winning actor Russell Crowe had quite the afternoon after trying to stop at a Japanese steakhouse in Melbourne, Australia following a game of tennis.

By Emily Rella

Business News

This Ghostwriter Made $200,000 Last Year Writing Tweets for Venture Capitalists

One man's side hustle makes him more money than his day job, and only costs him five hours a week of his time.

By Madeline Garfinkle

Business News

'Angry and in Shock': Fashion Label Orders Former Sales Reps to Return Commissions in Wake of Bankruptcy

The once upscale NYC-based fashion label went under in 2020. Now, former stylists are being ordered to return commissions earned prior to the company's collapse.

By Madeline Garfinkle

Marketing

Why Interactive Content Will Boost Your Customer Loyalty

Interactive content provides a cost-effective way for businesses to enhance campaign participation, customer engagement, and loyalty, regardless of their size and budget.

By Jessica Wong

Culture

The Benefits of Investing in Talent: How It Impacts the Music Industry and Beyond

The music industry's growth and success rely on supporting emerging artists, promoting diversity and fueling economic growth. Attending live shows, streaming songs and purchasing music are effective ways to support up-and-coming talent, fostering a vibrant and diverse musical landscape for the future.

By Eric Dalius