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  1. S

    Self Employment SUCKS

    EXECUTION 
    As far as other streams of income I am going "all in" with this classic car business currently. Once I get this up and running without my day to day involvement then I plan to branch out into other income streams. I have done quite a bit of classic car inspections and validation so this...
  2. S

    Self Employment SUCKS

    EXECUTION 
    Something else to consider about being self employed. I tripped and fell in my shop last week and very well could have broken my hip or leg. I seriously bruised myself and have been working sore all week. If I would have broken anything that would have put me out of commission and income would...
  3. S

    Self Employment SUCKS

    EXECUTION 
    I absolutely will hire a full time admin person as soon as I get into a bigger shop. Right now I am totally maxed out on space.
  4. S

    Self Employment SUCKS

    EXECUTION 
    There are several really high end restoration shops around the country. Here are a few: https://hodgerestorations.com/ https://www.musclecarrestorations.com/ http://www.thefinerdetailsinc.com/ https://www.momusclecars.com/ These are just a couple of the premier shops in the country. These...
  5. S

    Self Employment SUCKS

    EXECUTION 
    At the moment I am having to work as a self employed restoration technician but do have one helper who does tear down and cleanup as well as getting the cars prepped for paint for me. Like I stated I have a LOT of experience in this industry (master certifications, etc ) and have well over...
  6. S

    Anyone ever experience this type of behavior?

    PEOPLE 
    how true
  7. S

    Self Employment SUCKS

    EXECUTION 
    Yes I agree and refuse to end up like that. The VAST majority of shops in my industry are run by mechanics or bodymen that went out on their own and now just turn wrenches or sand cars for themselves. These guys end up old, bitter with broken bodies when they no longer can do this physical...
  8. S

    Self Employment SUCKS

    EXECUTION 
    I read the emyth over 20 years ago and still come back and reread it at times. Excellent information in that book.
  9. S

    Self Employment SUCKS

    EXECUTION 
    Yes part of what I do in the classic car business is to have a couple cars of our own that we have for sale.
  10. S

    Self Employment SUCKS

    EXECUTION 
    Hello Andy, I agree about the type of work being physical and demanding. My main point is that you do not want to be in the position of having to do the work in your business when you should be working ON your business growing it. My plan is to build up a large classic car restoration and...
  11. S

    Self Employment SUCKS

    EXECUTION 
    Hello Everyone, what I am referring to when I say self employment sucks is owning a small one or two person business where you are responsible to all the work performed. This is NOT being in business, this is just a job you have created for yourself, and it sucks! I do agree that in the...
  12. S

    Anyone ever experience this type of behavior?

    PEOPLE 
    Hello, I agree with JohnnyBoy, you approached this totally wrong. You NEVER tell the customer anything but the price they are going to have to pay. It is absolutely none of the customers business what your profit percentages are. If they do not see the value in your product or service, at the...
  13. S

    Kyle Keegan Radio Show

    NOTABLE! HOT! EXECUTION 
    I just started listening to your show and really find great content and it is entertaining. Looking forward to new episodes.
  14. S

    Low Conversion Rate - Help?

    MARKETING 
    Hello, I am in the vintage auto restoration business and buy parts all the time. I deal with reproduction and performance parts websites daily, although for american musclecars, not BMW. I also was in the vintage parts business and sold online for over 10 years so I have some insight into this...
  15. S

    Why am I not getting any sales? (I'd love some input)

    The messages on these shirts are just plain stupid and highly offensive to anyone that is not "woke". If you want to make a political or social statement don't do in with your business or you will offend and turn off most potential customers. Just my opinion
  16. S

    What Are the Dumbest Financial Decisions You Have Ever Made?

    GOLD! HOT! EXECUTION 
    Hello and thank you for the reply. Just to clairfy, I did not take out a 1.5M loan. The loans for everything totaled a little over 500K and at that point I had been in business close to 3 years with great sales and over 60% margins so I was not just "testing the water". The 1M additional I...
  17. S

    What Are the Dumbest Financial Decisions You Have Ever Made?

    GOLD! HOT! EXECUTION 
    By far and away the worst financial decision I ever made was relying on eBay as a selling platform. When I sold my auto repair and restoration business in 2004 I started selling vintage used car parts on eBay full time. This was basically like printing money as everything I listed (it was...
  18. S

    Classic car leasing business

    Thank you for the reply and good luck with your business.
  19. S

    Classic car leasing business

    Hello, I am somewhat new here as far as contributing but have been a member for a long time. I am a professional in the classic car restoration and repair business (I own a restoration shop and restore high end musclecars on a daily basis and have 40 years experience in the field). The...
  20. S

    UNSCRIPTED Audiobook by DeMarco, PDF Exhibits

    Thank you very much for this. I purchased the audio book on Audible but it did not come with this. Also I just finished the book and it was amazing.

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