993 Boutique business concept - looking for thoughts
#76
Three Wheelin'
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Joefrom PA wrote.......It truly is a boutique though and there's a variety of ways it can run, so I'm not as worried about achieving some significant level of profitability to support a large property, personnel, etc.
Pray,tell us more about, " not as worried about achieving some significant level of profitability"
sounds intriguing.
Pray,tell us more about, " not as worried about achieving some significant level of profitability"
sounds intriguing.
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#77
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Joe, many entrepeneurs have faced disbelievers in the beginning....and in fact many new ventures fail. A true entrepeneur then picks up the pieces and follows his gut into a new adventure....
...without such people what would the world look like?? I for one would be writing this message on a stone tablet;-)
What I like about your idea is focus, pick 1 simple thing and be the absolute best in it you possibly can....rather than try and be a jack of all trades.
What I also like is that with really clean standard cars, you can build a reputation rather quickly based on Porsche's own reputation. Building a reputation on modification skills etc. is a different animal altogether.
My 2C
...without such people what would the world look like?? I for one would be writing this message on a stone tablet;-)
What I like about your idea is focus, pick 1 simple thing and be the absolute best in it you possibly can....rather than try and be a jack of all trades.
What I also like is that with really clean standard cars, you can build a reputation rather quickly based on Porsche's own reputation. Building a reputation on modification skills etc. is a different animal altogether.
My 2C
#78
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The point of this thread is not to diss the idea (which I think is great) but is to identify pitfalls early in the game so they can be thought about before $$ gets put into it. While, yes, most entrepreneurs do ignore the disbelievers, and most I would say also change their plans as they get into it. I have done a few scratch starts, and when we ended up doing at the end was different in both cases than what we started with.
Go I agree (and this was been stated before in the thread), pick a focus, put together a plan and start execution, but make sure you have enough emotional/energy/financial capital in reserve to adjust and change directions as things start moving...
Got a name yet?? :-)
Cheers,
Mike
Go I agree (and this was been stated before in the thread), pick a focus, put together a plan and start execution, but make sure you have enough emotional/energy/financial capital in reserve to adjust and change directions as things start moving...
Got a name yet?? :-)
Cheers,
Mike
#79
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Besides picking a focus, this kind of business' owner has to honestly answer a question for himself. What is it that he brings to the equation? Money? Some deep intimate knowledge of 993s? Potential customer connections? Better service than anyone else?
I, for one, would love to hear the answer in order to intelligently discuss anything further. "I like 993s and willing to put my time in selling them" is not an answer, unfortunately. In absence of that I've given my first hand opinion on the car selling industry in a post on previous page. There are so many better things to do with one's time an dtalents.
I, for one, would love to hear the answer in order to intelligently discuss anything further. "I like 993s and willing to put my time in selling them" is not an answer, unfortunately. In absence of that I've given my first hand opinion on the car selling industry in a post on previous page. There are so many better things to do with one's time an dtalents.