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Forum » I’m about to make a lot of enemies in my industry.
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Thread: I’m about to make a lot of enemies in my industry.

post 1667836793 09-13-2022, 11:06 PM
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Why do dealerships end up with so many chipped windshields?
post 1667837103 09-13-2022, 11:15 PM
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#32
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Originally Posted By theory816⏩
So you just want to repair cars all your life? Wtf man.
Yes..


Can I cue you in on some basic math?

If my end of things is 33k a month. It means the company as a whole will be doing 612k a year in business (net profit). That’s before scaling. (The 15k a month from repairs isn’t being doubled but the replacement net is). *I’m only taking half of the replacements after expenses.*

When you go to sell a company you can use somewhere between a 5x-8x multiplier on that number to generate an evaluation. Because it’s a subscription model where customer acquisition isn’t required I can use 8x.

I’m not giving equity away despite going 50/50 with this other dude. I’m just paying him half. The 3rd guy will just be a wagie paid out of the other guys share.

So anyways that puts the companies value at 4.9M

Once it scales that number just increases.

What incentive do I have to switch again?
post 1667837153 09-13-2022, 11:16 PM
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Originally Posted By stevemckenna⏩
Why do dealerships end up with so many chipped windshields?
When they take in trades and a lot of them have chips. Also when they buy them from auctions they buy them as is. The damage is disclosed but left for the dealers to handle.
post 1667838573 09-14-2022, 12:00 AM
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Originally Posted By Eatforgains⏩
Yes..


Can I cue you in on some basic math?

If my end of things is 33k a month. It means the company as a whole will be doing 612k a year in business (net profit). That’s before scaling. (The 15k a month from repairs isn’t being doubled but the replacement net is). *I’m only taking half of the replacements after expenses.*

When you go to sell a company you can use somewhere between a 5x-8x multiplier on that number to generate an evaluation. Because it’s a subscription model where customer acquisition isn’t required I can use 8x.

I’m not giving equity away despite going 50/50 with this other dude. I’m just paying him half. The 3rd guy will just be a wagie paid out of the other guys share.

So anyways that puts the companies value at 4.9M

Once it scales that number just increases.

What incentive do I have to switch again?
idk what's that all about.

the method I go by is income/year and hours worked/week.
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post 1667838673 09-14-2022, 12:04 AM
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#35
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For your own sake don't do it because you love competition and attaching your ego/identity to the idea that you're a 'winner' - it will cost you in the long run.

Just do what you're gonna do for yourself and the customers - from the sounds of it, the customer will reap the rewards of your efforts.
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post 1667838713 09-14-2022, 12:07 AM
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Originally Posted By wolfofmarkcity⏩
You better watch your ****ing mouth. I have whatever total number of dealerships you have, + 5. I have cornered the market, slit your throat, and made you a corpse.

PS I'm a nice guy IRL, it's all windshield dealership business.
Hahahah you cheeky bugger mate I swear
post 1667839453 09-14-2022, 12:44 AM
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#37
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You guys are really taking this ceo 6/6/6 further than a simple meme I see. Brb 30-40k/month, 23 year old virgin gf, probably 8 inches of cold hard caulk. Aka. your average miscer.
post 1667845093 09-14-2022, 06:01 AM
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#38
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Originally Posted By theory816⏩
idk what's that all about.

the method I go by is income/year and hours worked/week.
There’s nothing wrong with that. It’s just the metrics for wagies. That’s not this.
post 1667845863 09-14-2022, 06:25 AM
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#39
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Do you hire, my Lord ?
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post 1667846913 09-14-2022, 06:52 AM
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Originally Posted By Schnitzl⏩
You guys are really taking this ceo 6/6/6 further than a simple meme I see. Brb 30-40k/month, 23 year old virgin gf, probably 8 inches of cold hard caulk. Aka. your average miscer.
You’re mistaken if you think this is a meme.

I’m a Jew it’s what we do
post 1667847493 09-14-2022, 07:10 AM
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Congrats on the success, not many people have the drive to expand and grow like that. Dealerships usually make a ton from warranty plans so its a good idea to capitalise on getting some of that bread from outsourcing.
Originally Posted By Eatforgains⏩
You’re mistaken if you think this is a meme.

I’m a Jew it’s what we do
huh? does the Torah command you to make money at any cost even if you have to fuq up other lives to do so? I never get it when I hear that line from Jews. It sounds cultist rather than what a regular religious person would associate their beliefs with.
post 1667848453 09-14-2022, 07:40 AM
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#42
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OP is a liar and a cheat. Do not listen to anything he says. I saw him the other night forkin a steak hard alone in the diner. He was wearing some oversized cargo shorts and a tap-out T-shirt. He had some long curly hair, looking like a complete incel (you know the type). I walked up to him and ask him what his deal was, found out he was a miscer. Truth is, he's never been to a gym in his life. He probably had 12.5" arms (srs). He was no taller than 5'3" (srs as well). Anyway, I can confirm he is a lying sack of chit.
post 1667852103 09-14-2022, 09:03 AM
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#43
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Originally Posted By ziggaman91⏩
Congrats on the success, not many people have the drive to expand and grow like that. Dealerships usually make a ton from warranty plans so its a good idea to capitalise on getting some of that bread from outsourcing.



huh? does the Torah command you to make money at any cost even if you have to fuq up other lives to do so? I never get it when I hear that line from Jews. It sounds cultist rather than what a regular religious person would associate their beliefs with.
No I meant we like business
post 1667856083 09-14-2022, 10:31 AM
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Originally Posted By Eatforgains⏩
No I meant we like business
Thats true.
post 1667857913 09-14-2022, 11:04 AM
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#45
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The dealerships are a great idea to get business but you really need to have a standalone auto glass place as well. I don't accept any estimates from dealerships because, as you know, they just pay the auto glass people and tack a 150% charge on top of that to the customer. You might consider reaching out to local municipalities and even your state's tort claims dept letting them know you're willing to accept direct billing because a surprising number of glass shops don't. Most people have no idea how common it is that mowers on the side of the road bust out windows/windshields and that gov't agencies pay 99% of those claims.

Good luck OP
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post 1667858693 09-14-2022, 11:20 AM
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#46
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Have you gotten into the business of paying homeless/hood peeps to go around bashing user car windows yet? That will increase profits 10-fold
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post 1667860213 09-14-2022, 11:53 AM
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Originally Posted By TBO1313⏩
The dealerships are a great idea to get business but you really need to have a standalone auto glass place as well. I don't accept any estimates from dealerships because, as you know, they just pay the auto glass people and tack a 150% charge on top of that to the customer. You might consider reaching out to local municipalities and even your state's tort claims dept letting them know you're willing to accept direct billing because a surprising number of glass shops don't. Most people have no idea how common it is that mowers on the side of the road bust out windows/windshields and that gov't agencies pay 99% of those claims.

Good luck OP
The dealers themselves are the customers not their customers. It’s reconditioning for their used cars. They don’t sell late model used vehicles with cracked windshields.
post 1667860573 09-14-2022, 12:00 PM
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Originally Posted By Eatforgains⏩
There’s nothing wrong with that. It’s just the metrics for wagies. That’s not this.
Metrics for wagies? Brah, that's ratio of how much you make to how much work you put in. You don't check to see how much you make or work? Lmao.

The average salary is 54k/year with 40hr/week. I want to get to 100k and 40/hr/week. That would be awesome.
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post 1667860673 09-14-2022, 12:02 PM
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Why.....you about to leave Wendy's and sell out and move up to the big leagues........Applebee's?


Edit: After actually reading the Op..........What you don't realize is that there really is no barrier to entry in your business. I give you 6 months before one of the commercial companies offers to buy you out/off or someone comes in and steals your customers, undercutting your price, making themselves more available or offering another service in conjunction with what you're doing.

Corporate owned businesses and dealerships dont have a chit about you or your personality....they are only focused on the bottom line and in a business where there is nothing stopping some other schmuck from buying the same materials you do and doing the same thing you do but doing it for $1 less, there is no future/security.

That's just my cynical take....Good luck bud.
post 1667861893 09-14-2022, 12:24 PM
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Originally Posted By bsmit107⏩
Why.....you about to leave Wendy's and sell out and move up to the big leagues........Applebee's?


Edit: After actually reading the Op..........What you don't realize is that there really is no barrier to entry in your business. I give you 6 months before one of the commercial companies offers to buy you out/off or someone comes in and steals your customers, undercutting your price, making themselves more available or offering another service in conjunction with what you're doing.

Corporate owned businesses and dealerships dont have a chit about you or your personality....they are only focused on the bottom line and in a business where there is nothing stopping some other schmuck from buying the same materials you do and doing the same thing you do but doing it for $1 less, there is no future/security.

That's just my cynical take....Good luck bud.
People buy from people they like. Obviously I’m doing something right to have so many customers. Also in my Niche I’m the big fish in the pond. I have a larger market share then all of my competitors combined. It’s only a matter of time before I do the same thing with my new product.
post 1667863373 09-14-2022, 12:55 PM
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What new product? What is so great about your product the differs from other products other than being nice to people?
post 1667863703 09-14-2022, 01:01 PM
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#52
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Originally Posted By squat_blaster⏩
What new product? What is so great about your product the differs from other products other than being nice to people?
Repair is my original product, replacement is my new product. It’s not some new form of glass replacement.
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