jokerGN
New Contributor
How are you guys doing? Like the thread says I've been lingering around this site for about 3-4 month now reading posts. So I figured it was time to share my story with you as of yet. I haven't come across anyone who works in my field yet on this forum. I'm always looking to network for new business ideas and to help people out who are just getting started on this never ending journey called success. I live on Long Island, NY just turned 28 years old about a month ago and I have a lot of work cut out for me in the next two years. I dropped out of college two + years into my mechanical engineering degree to start my first business. It was a mobile carwash company that I formed with a friend. The company did ok but it wasn't turning the profits either of us was looking for at the time. Learning at an early age that sometimes it’s just best to cut and flush (we made our money back plus some and got out). I was left wondering what to do next. I've always had a fascination with nice cars (Porsches, Lamborghinis, the usual...) Led me to my next business I started an repossession/ exotic transport business I built the company up from one truck with just myself driving to three flatbeds and one car carrier running pretty much 24/7.... This was to be my life for the next 5 years. I was the typical business owner I had basically bought myself a job that consumed my life working 100+ hour weeks builds character (or so I like to say) but you have absolutely no quality of life. Through the contacts I had made during the years with owners of many dealerships, I was able to branch off into other areas (wholesale/ retail sales/ some exporting)... For my age I think I was making a very respectable income at the time... Never being one to become content (I believe that word "content" haunts me for some reason) at a certain level it was time to move forward or so I thought. I kept my business running through a manager, and took an offer I couldn't refuse at the time a sales manager position in a large dealership group. I took to the sales industry like a fish to water within 1 years time I had become the organizations youngest General Manager running their busiest and most profitable franchise. For just over two years I held this position breaking their sales and gross records. The car industry is a very funny business it is one of the few business you can walk into and with good people skill make more than most doctors/ lawyers, but of course there is always a catch 22..... Job security is non-existent. You’re only as good as your last month and the blade from guillotine is always creaking above you. After owning my own fate for so long with the transporting company, I can only treat a business like it’s my own its my nature, this meant another period of three years again working like a slave (no vacations. 7 day work weeks:smx4
. Gas prices started rising sales started slipping = less pay more work to try and break even. Owners who used to work once every 2 weeks started coming in everyday. Long story short I decided it was time to take a leap of faith. For the last three months I have be working on my fast lane plan. I've developed a two year plan... to gain my way towards financial freedom and the quality of life I've been longing for. During my period of indentured servitude I managed to save enough money to invest and get me through any dry spells. I am currently working on a new financial program for the automotive industry to help dealerships back into profits. Software is in the developmental stage, while I waiting on that to be finished I've been looking for sources of passive income such as apartment buildings, and small venture capital investments. That about sums it up. If anyone is in or looking to get into the automotive field in anyway let me know maybe we can help each other out.
Michael M.
“All men dream, but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act their dreams with open eyes”
Michael M.
“All men dream, but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act their dreams with open eyes”
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