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How much are you willing to pay to know what you know now when first starting out

Jay Huh

By Jay Huh
in General Automotive Discussion

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Jay Huh Rising Star

Jay Huh

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Knowing what you know now, how much would you have paid to know all this information when first starting out? I would have gladly shelled out $1000-$2000 and I was broke in the beginning! I would have saved a lot of money too by not making the mistakes I've made

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alfredauto Experienced

alfredauto

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We all learn from our mistakes. I call it tuition. We all pay to learn. I haven't really made too many mistakes in the auto repair business, I'm pretty conservative and I opened up my shop after 15 years of working for other people learning from their mistakes.

 Ask me about the used car business and your head will spin. It has a much more expensive learning curve. About the same as gambling but not as much fun. 

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AndersonAuto Community Regular

AndersonAuto

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How much would it be worth or how much would I pay??

The knowledge would be worth somewhere around a cool million. How much would I pay? Obviously nothing because it took me 12 years to actually hire a coach of any kind. When I finally pulled the trigger, I paid $2000 a month on a 2 year contract. Spendy for sure, but I made a lot more than I paid. 

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Jay Huh Rising Star

Jay Huh

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4 minutes ago, AndersonAuto said:

How much would it be worth or how much would I pay??

The knowledge would be worth somewhere around a cool million. How much would I pay? Obviously nothing because it took me 12 years to actually hire a coach of any kind. When I finally pulled the trigger, I paid $2000 a month on a 2 year contract. Spendy for sure, but I made a lot more than I paid. 

What kind of coach? Life coach? Automotive coach where he's owned his own shop? $2k is a bit steep but depending on how involved he is in your business he could be really cheap 

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AndersonAuto Community Regular

AndersonAuto

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4 minutes ago, Jay Huh said:

What kind of coach? Life coach? Automotive coach where he's owned his own shop? $2k is a bit steep but depending on how involved he is in your business he could be really cheap 

Automotive coach. Good guys that own (still own) a very successful shop. They helped a lot with getting the sales and gross profit side in order. They helped me get a lot of things fixed, but I feel they neglected the expense side more than they should. They came on site, interviewed all the employees, went through all my processes etc. After that it was strictly over the phone and reporting numbers to them.

They were worth the money, and I'm still friends with them. Knowing what I know now, I probably could have got more bang for the buck, but it was the right fit for me at the time.

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Jay Huh Rising Star

Jay Huh

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16 hours ago, AndersonAuto said:

Automotive coach. Good guys that own (still own) a very successful shop. They helped a lot with getting the sales and gross profit side in order. They helped me get a lot of things fixed, but I feel they neglected the expense side more than they should. They came on site, interviewed all the employees, went through all my processes etc. After that it was strictly over the phone and reporting numbers to them.

They were worth the money, and I'm still friends with them. Knowing what I know now, I probably could have got more bang for the buck, but it was the right fit for me at the time.

Nice, I see that you are in Kansas. A little far but definitely sounds like it was worth the cost

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