 Starting an Automotive base business, Pros? Cons? Am I Crazy |
|
|
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
|
| Jaiden |
 Oct 20 2005, 09:59 AM
Post
#1
|
|
Member  Group: Members Posts: 346 Joined: 13-January 05 From: Stroudsburg PA Member No.: 3,443  |
So I have been contemplating dropping my current career (more on that later) and starting fresh with my own Auto Based business.
I know the Automotive world is tough but I was looking for some insite. There is no suicide smiley is there!! Ha! I would like it to be a design/ manufacturing/ Testing Business but would start out as a retailer/ installer/ Business. What do you guys think! Let the Crazyness begin! |
   |
 
|
  |
Replies
| andys |
Oct 20 2005, 08:46 PM
Post
#2
|
|
Advanced Member Group: Members Posts: 2,165 Joined: 21-May 03 From: Valencia, CA Member No.: 721 Region Association: None 
|
Well, there certainly are some interesting views expressed here regarding start up's. I particularly like jsteele22's *be brutally honest with yourself* post. What I have noticed over the years, is that the successful business owners all seem to share an ingregient that separates them from the un-successful one's. Unfortunately, it can't be bottled.
To add to some already fine pieces of advice, I would suggest you remain somewhat flexible in direction, and be opportunistic. I can site examples where friends' started businesses with a plan, and ended up doing something quite unlike what they started. One of them started a consulting firm in industrial automation systems with a very focussed plan. He changed directions within a year when facility planning, consolidation, and moving opportunities started comming at him. After only the first quarter of his second year, he has already surpassed his annual earnings projections. Another started a small machine shop, and found opportunity in buying and selling modular office furniture. You just never know, so keep a keen eye on what's going on around you. I co-own a dental products business (in addition to my "day job"), which manufactures, sells, and distributes world wide. To do that, work full time, and have a family life, is an excercise in time management and takes an incredible amount of discipline. It's not easy, and is definately not for everyone. Be brutally honest....... Andy |
|
|
|
Posts in this topic
Jaiden Starting an Automotive base business Oct 20 2005, 09:59 AM
bondo I'd love to do that, but with my current debt ... Oct 20 2005, 10:08 AM Dave_Darling Yes, you are crazy. Then again, back in the mid-9... Oct 20 2005, 10:16 AM Brett W Start in your garage and develop from there. You ... Oct 20 2005, 12:32 PM Mark Henry It sucks...
Get a haircut and get a real job Oct 20 2005, 04:32 PM Root_Werks Been running a shop out of my garage for 5 years n... Oct 20 2005, 04:34 PM bmunday Find a demand and fill it if you can.
look in eve... Oct 20 2005, 05:33 PM MecGen Hey
Ive' been paid to turn wrenches more then... Oct 20 2005, 06:39 PM Jake Raby I started in a 75 year old Chicken House....
Now... Oct 20 2005, 07:41 PM
Jaiden Thanks for all the Advice guys!!
Let me g... Oct 21 2005, 08:03 AM |
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
|
Lo-Fi Version | Time is now: 5th July 2025 - 08:47 PM |
Invision Power Board
v9.1.4 © 2025 IPS, Inc.