project_hatch

So i'll be out of the military eventually and hadn't decided my career path afterwards, always wanted to start a business and work for myself but lacked the pathway. I thought about pursuing wholesale, performance shop and even owning semi's to move products across the country for other companies but every idea stumps...

I've come to it...I'm going start a diesel repair business with my uncle and grandfather. It's going to be in a small town in an undisclosed location with expectations after all bills are paid for me to walk away with close to $40k a month once business picks up. I already have an experienced shop foreman to run the business and I get to learn more than I could have ever learned at UTI or any other school. Never thought i'd own my own house before i'm 25.

reno96teg

what will you do when a chevy pulls in?

project_hatch

chevy doesn't make large diesel trucks ...lucky for me

THEOLDMAN

Maybe not trucks but GM does manufacture quite a few large diesels, 4/6/8-53; 6/8-71; 6/8-92 all in turbo charged versions as well as NA.

project_hatch

The harder I work, the more money I make, i'm willing to put my morals aside for money. Who isn't though? Prosititute's morals go out the window for money so i'm willing to work on a GM product to cash in on a $10-15K repair bill.

2001TEGGSR

Have you done any research to see if there is a need for a business of this type, in the area your considering? Do you have any sort of a business plan? Are you borrowing from a bank, or do you have an investor? Do you realize that it usually takes 2 years to develop a profit, in any business? What is your niche?

I hope you didn't just wake up and decide to start a diesel repair business. Judging by your hatred for Chevy's, this probably isn't the best path for you to take. Good luck though!

project_hatch

I already know the economy in this area overflowing with a demand for it. I myself don't know a whole lot of diesel repair but what a better time to learn? I'm not relying on my profits from my work...that would be absurd. And seeing is I won't qualify for my VA loan, I have to borrow from a bank. And I understand a business takes a while to turn over profit, but i've worked the numbers, the business will be paid off in the minimium of a year. And I didn't just wake up and say "hey i'm gonna pursue this" My grandfather has over 40 years of experience in diesel repair. He's owned a few shops in the past that he sold with intentions of settling down and it never worked out...hopefully this is my ticket to financial freedom.

Omniscient

if you build it. they will come.