How To Make Money In The Towing Business HD
http://thetowacademy.com/ Are you in the towing business and struggling? Barely hanging on as others watch and wait for you to fail? Would you love to prove everyone wrong, including your old boss, and a few unpleasant cops? And show them that you do know what you’re doing…that you are a success? If you, never want to hear the words “You need to get your old job back” ever again, then this will be the most important video you’ll ever watch. Because in the next 5 minutes I’m going to show you how you can turn your business into a highly profitable money making machine. Hi this is Don Archer It was late 2007 and the entire world experienced a downturn. The real estate bubble burst, and construction stopped flat, causing the economy to contract—and sucking the life out of my 12 truck, half a century old towing business. In my city we saw good companies disappear taking the jobs with them. But we didn’t just give up, we stuck with it. We tightened our belts, adjusting with cutbacks and cost savings, but things only got worse. Then my wife and I decided to use the rest of our savings to prop up our business. We kept drivers on throughout slow periods to maintain availability, so they’d be there when things picked back up. But when things didn’t pick up we were forced to put our dream house on the market…to lessen personal expenses. Then, in 2009 we lost a huge contract with the city and could no longer afford the rent for the 2 buildings we were in. So In 2010 we moved into a smaller building on the outskirts of town. But still we were barely making it. I admit, there were times when I thought about giving up. Selling the trucks and walking away. I mean we had business but as soon as we could breathe we’d get hit with another huge repair bill or one of the drivers would cause damage to something. Things were looking quite bleak back then. That is…until we changed the way we did business. You see I thought I was doing everything right. I thought my job was to keep everyone happy, but I was going broke in the process. The truth is before the downturn there was always enough business to go around and I didn’t have to work too hard to get it. But now was different. And you know what else, I wasn’t even thinking about my business properly. Back then I believed we were required to suck up certain losses. It was like, In order to stay in good standing with the motor clubs and law enforcement, you were required to win-some and lose-some. The motorist came first regardless of the cost, and maybe that was the case pre-2007. I don’t know. But things had changed and I needed to open my eyes. It wasn’t until I started running my business like a business and not like a public service that things started to turn around. Back then the deck seemed stacked against me but then I realized I was the one holding me back. I’m glad I didn’t walk away. Since that time I’ve spent thousands of hours through trial and error learning how to squeeze every dime of profit from my
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