subject: Running your own car dealer business [print this page] So it is in your mind and you are going for it - start-up your own car dealer business that is. Except it's a new venture for you - you have in no way done it already and you need a helping hand, baby steps to reach your objective. No worries we have all the help you will need.
So how do you run a business? You have for ever and a day been the one who is told what to do. Immediately the shoe is truly on the other foot - you give out the commands now. However what commands do you give to your workers? What tells do you transmit? How do you realize if what you are saying or doing is the most suitable thing for your new car dealer business? It was painless in the past...the boss spoke...and you fulfilled what he/she said and you got salaried at the end of the day. This is a little harder, if you get things off beam now, not only will you not get remunerated (or get rewarded less), your lack of decisiveness could impact in the negative upon your staff.
Be cautious when operating your own business - for certain you aspire to make wealth, but not at all costs. What are the costs of business compared with just being an employee? You have more responsibility to yourself, your relatives and employees if you have any - they are all dependent on you for their financial sanctuary. Scary! Running your own business often means running longer hours and you may possibly not make any money from working those long hours where in the past you may have got paid per hour/day. A guaranteed salary!
However the large bank balance helps!
Having something to confirm is also a fantastic motivator. Having a parent, sibling, spouse or other important person that is thriving in business creates a great motivation for others to take a crack at. Not out of a sense of rivalry but for the reason that it's understandable to have a feeling the love people get from operating their own business, and their own lives.
People have different reasons for becoming an industrialist - we are not the same; and as such you will undoubtedly like to do business in a more superior way than you have seen shown by other bosses in preceding jobs you have had.
Serious car dealer businesses are designed that way by people just like you. Entrepreneurs thrive because they plan to be victorious, they take the resources to bring about how they want their business to be; they design it that way and take extreme pleasure as their venture and their life starts to go with their dreams.