this ecomomic time starting a business
#21
Re: this ecomomic time starting a business
not to mention 4K is not nearly enough to start a legitimate business. if you try to runa repair shop without a license and insurance, youre going to end up in a world of ---- the first time something goes wrong or you get that one person who is impossible to satisfy.
#22
Re: this ecomomic time starting a business
Originally Posted by Tough-guy
I don't think selling weed is in the scope of this thread.
#23
Re: this ecomomic time starting a business
Originally Posted by crxvtec91
I just started and alread making a killing. My phone want off all day to day, I am book for the hole week .
One of the most solid business lessons I've learned is from (1) Richard McKinnon, the daddy of Tre West.
-Stay as small as you can, for as long as you can. Having a big shop and big rent might do something for your ego, but it's not any kind of business plan, and surely won't make people just flock to your overpaid for building.
Secondary would be the advice from the spirit of the wise Doctor:
Originally Posted by GhostOfDr.Boost
You gotta make a name for yourself first and let people know who you are and what you're about.
#24
Re: this ecomomic time starting a business
Originally Posted by apexsilver06mr
I was already planning this in North Highlands.....Where my old Audio shop failed at....
#25
Re: this ecomomic time starting a business
Originally Posted by Stealthmode
One of the most solid business lessons I've learned is from (1) Richard McKinnon, the daddy of Tre West.
-Stay as small as you can, for as long as you can. Having a big shop and big rent might do something for your ego, but it's not any kind of business plan, and surely won't make people just flock to your overpaid for building.
Secondary would be the advice from the spirit of the wise Doctor:
It's true. Once you establish yourself as a no-bullshit, get the fucken job done kinda guy, people won't be price shopping, which is your enemy as a no-name. I would suggest doing things out of your own garage, with very little overhead, and very low emphasis on big pimpin for your first 3 years. Once you establish a customer base who like you enough to tell their friends, and you consistantly have $700 a week profit for 3 months STRAIGHT, that's when you look for a little expansion to take care of the work load. After that, refer back to Richard McKinnon and he'll tell you what you should do.
i'm kinda in the process of starting my own shop. i'm gonna start in my garage and slowly try to make enough to where i don't need a real job anymore.
i don't have enough money to just buy everything i need so i've been buying used ---- on craigslist when i see good deals.
i was gonna lease a real shop asap, but after what you just said i think i'm gonna try to keep it in my garage as long as possible. seems like a better plan, grow when you have to... a nice big shop is not gonna make you money. it's gonna cost you money.
#26
Re: this ecomomic time starting a business
Originally Posted by PhilStubbs
you arent making me a downpipe
no offense intended, but you arent going to get people to pay for turbo setups that look like they came from a junk yard
if you cant afford to build yourself a nice looking setup, then you cant afford to start a business building them.
this business ---- is tough. i knew that going in, but didnt realize just how tough. now i slightly regret it. i almost stopped once, but life didnt feel right without it
no offense intended, but you arent going to get people to pay for turbo setups that look like they came from a junk yard
if you cant afford to build yourself a nice looking setup, then you cant afford to start a business building them.
this business ---- is tough. i knew that going in, but didnt realize just how tough. now i slightly regret it. i almost stopped once, but life didnt feel right without it
more wrx impreza's lined up for swaps (rod knocks) customers like the work i do cuz i give them extra for their money like the kid with the impreza i just mentioned i installed the sti turbo he had and changed the clutch for no extra (cuz i have the engine out anyway)
ive built this for a mexi ricer.. but you have a good point there i should put some of that ---- on my car so they will like it and see it before they buy it.. (incentive)
i just dont want to waise money on shiny ---- i live the big ugly wg its HMT but you have a point there!
jd
my ----- is running (ls in it) (wiring is all fixed not as rigged as it looked first time i posted the car w/vitar motor) its not overly rice lowered only about inch in a half lower on the NEX coil overs
the wing is oem si and lips are fake shake eGay type r but not rice.. everyone loves the way my car looks the mexi kid wanted to buy my b20 should of sold that pos
customers come to me by word of mouth ive done enough fixing.. sacramento is a small cow town so word goes around
thanks for the input
#27
Re: this ecomomic time starting a business
Originally Posted by Stealthmode
You already said you've made $50. I wouldn't call that a killing, and I wouldn't be booking that kind of "killing".
#28
Re: this ecomomic time starting a business
When we started in 2003 ... we had 3 performance shops in the business complex we were renting in. 5 years later, none of the shops are still around. 1 of them made two tries, the second being in a better location with a new owner - still failed. And these were good economic times.
#29
Re: this ecomomic time starting a business
Make sure your legal papers are in order, any permits required are obtained, and then open some the ------- shop. ( maybe incorporate yourself as protection)
Advertise like a ----------er Best of luck
Advertise like a ----------er Best of luck
#30
Re: this ecomomic time starting a business
Originally Posted by turbo4life
but you have a good point there i should put some of that ---- on my car so they will like it and see it before they buy it.. (incentive)
i just dont want to waise money on shiny ---- i live the big ugly wg its HMT but you have a point there!
i just dont want to waise money on shiny ---- i live the big ugly wg its HMT but you have a point there!