In this episode of Cars For A Living Dan and I had a chance to do one of our favorite things – catch up on a few listener e-mails. As you know, business development is just about our favorite thing to do, so without further ado….
1) Tony Spears
I’m wanting to start my own “one stop shop” in the south. My automotive experience is limited, but I plan to do a few projects before starting full time and plan to become a certified mechanic before opening. Is there any advice you can give me to better prepare myself for the road ahead of me.
Thanks and I love the show.
2) Matt Smith:
I have been listening to The MuscleCar Place since the very beginning and still love listening. Man, I was sooo stoked when you and Dan started Cars For a Living, it was exactly they type of show I had been hoping to find!
I work as an freelance interactive art director for ad agencies here NYC but my true passion is all things cars and motorsports. So, I am in the process of working out how to combine the two. I am looking at staying within the realm of graphic design, so race livery/brand identity for motor sports is the direction im heading. The vinyl wrap industry seems somewhat saturated, but I feel there is still plenty of room for good quality and unique design.
I will let you know how It goes, any insight into this type of biz is appreciated. Keep the shows coming, your openness and persistence is hugely inspiring to me. Just wanted to really thank you and let you know that all the effort you put into these podcasts don’t fall on deaf ears.
3) Michael Seymour
Hey Rob And Dan,
I’ll keep this short and sweet: CFAL and TMCP have inspired me to live a meaningful life and not settle for anything less. I am a year out of college with a Marketing degree, and would love to be involved in the Automotive industry. I was born and raised in Australia, but have called America my home since 2001.
My biggest challenge is that most of the appealing automotive jobs look to be in California and Texas, and my only family in the States is in Virginia. I worked and managed an Auto Parts Store (Advance Auto Parts) throughout my college years, but that is about all the professional automotive experience I have.
How did Both of you (Rob especially) stay connected with automobiles and build you car guy/gal network while still working in your respective careers? I have started a blog, and am attending more car shows now that I am out of school. I am playing around with the idea of starting my own business in the future, so I want to gather as much information as possible.
Thanks a million for the great show you guys are putting out, and keep up the good work!
4) Bob Kovacs
I stumbled across your podcast through the Pro-Touring.com forums, and I’m glad I did.
I’ve been working on cars on and off all of my life as a hobby (took about 15 years off to start a family, but I’m back at it again now), and I’ve discovered that it’s something I want to do for a living. This revelation came about while working on the ’69 Camaro that I’m rebuilding from a rusted out mess, turning it into a pro-touring car for my daughter. If I didn’t have to go to my “real job”, I’d literally live in the garage.
I’m in the very early stages of getting a plan together to start my own business building musclecars that are meant to be driven- not put on display on a trailer. I plan to start slow, and hope to grow this into something I can move into full-time in around 3 years. My biggest challenge is making the “leap” from the corporate world to running my own business. My biggest challenges are:
1) Figuring out how to replace my current salary. I currently make over $150k/year, which would require me to probably have at least 1 or 2 full-time employees (plus myself) who are billing out at a decent shop rate to replace. Obviously it’ll take some time to get to that stage, so any advice on how to set up for that transition would be helpful.
2) Health insurance. I know I can eventually get to the point of making enough money to pay the bills and enjoy life, but health insurance costs scare the life out of me. Luckily, I have excellent coverage at my current position that only costs me a few hundred dollars a month, but would cost over $2k/month if I went with our COBRA program. Due to some medical issues that my wife has, we’d never get coverage in the private market (though hopefully the dreaded Obamacare will help with that issue). So, in addition to my salary challenge, I’ve got to figure out how to fund that.
I’m sure I’ll have plenty of other challenges along the way, but the Cars For A Living podcasts have already inspired me on how to overcome those, and I’ve just started to listen to them today. I look forward to learning much more from you as I get further into them.