You feel like a failure. You know, a failure like Elon Musk. To quote the irresponsible risk taking and brilliant Mr Musk:
“The end of 2008 was really really terrible. I never thought of myself as somebody who could have a nervous breakdown…. I came pretty close honestly in 2008 the day before Christmas…. We just barely made it.”
Q: “So you did have those experiences?” A: “We had multiple near death experiences. Like death on the nose. Not just in front of you.'”
Q “What’s it like when you go all in and you are about to lose?” A: “It’s quite a terrible emotion actually.”
So maybe Elon is crazy. He risked his own failure and thousands of people’s jobs. But he isn’t a failure. He rebounded pretty well it turns out. Because he was willing to face death and total failure and keep fighting. To use his words “death on the tip of your nose” and then salvation one hour before Tesla would have gone bankrupt.
One hour. One single hour away from complete devastation.
“Be strong and courageous.
Do not be afraid; do not be discouraged”
– Joshua 1:9
Car Dealership Franchise Agreements are Government Sponsored Monopolies. Oh please. Stop that 2k tax per car per family. Yes, I said it. For that matter so is the NFL, the NBA, the NHL, etc…. so let’s just call a Spade a Spade. (And speaking of “Spades“, while not a gambler myself, the last time I checked the casino industry was more open to competition than car dealerships. Go figure.)
If you want to save about 2k per car purchase – check the link on car dealership monopolies … It’s about time the monopoly of dealerships was seriously threatened with…. um….. CAPITALISM. FREEDOM. APPLE PIE. THE AMERICAN WAY. So why do we have socialized / monopoly car franchises? History and cronyism my friends. No. Other. Reason.
Free Enterprise is a good thing folks. I recognize the need for regulation (the tragedy of the commons) to protect our commons (no Benzene in the rivers for example – that’s a good regulation.)
But can’t we let competition keep up with technology? Why can’t I buy a car direct from the manufacturer? Name one rational reason besides protectionist laws from the stone age? (with apologies to my friends who might still be at UCS or ReyRey).
I work on the Internet. The speed of innovation is so radically fast and the threats to your business model are constant. And our business is 17 years old because WE ADAPT. Yes, people who can’t adapt that fast leave the company, but…. you know, it’s called competition for a reason. Adapt or die unfortunately.
So it will be interesting to see which manufacturer invalidates all of it’s franchise agreements with the dealerships first by allowing direct sales. Because whoever does it first, those dealerships will sell the MOST cars.
Yes, at first the dealers will be upset, and then, it’ll be alright. Everythings gonna be alright. And dealers know they make most of their profit from Parts and Service anyway. (OK, and Used Cars & F&I but we can’t fix it all at once I guess.)