Things Are Not Going Well! | BM Weekly EP 22

Summary

This transcript follows Joe, the owner of Bar Motors, as he navigates a series of business challenges and interactions within the automotive industry. From dealing with an unprofessional encounter regarding a vehicle's mileage correction, exploring leasing options for expansion, to customer service and internal management, it captures the day-to-day operations and the hustle of running a car dealership. It highlights negotiations, the pursuit of new business premises, employee management, and customer relations, all while Joe strives to maintain professionalism and grow his business amidst setbacks and the search for new opportunities.

Takeaways

• 😀 Joe discusses trying to expand his car dealership business by getting more space and hiring more staff.
• 🚗 He talks about buying and selling various cars like Golfs, a Maserati, and an electric Citroen.
• 😕 Joe expresses frustration with difficult employees, bad weather impacting business, and challenges buying inventory.
• 📝 He plans to make clearer staff responsibilities and rules to improve operations.
• 🏢 He checks on getting potential new workshop units for the business.
• 💸 Cash flow and expenses are tight, requiring careful management of buying cars.
• 💡 Joe has creative ideas like building a McDonald's or Taco Bell on his land.
• 🎥 The video features new drone footage and plans for upcoming filming.
• ✨ A highlight was selling an electric Citroen after initial concerns it might not sell.
• 😊 Joe is stressed but pushes through with his signature humor and optimism.

Q & A

What kind of business does the narrator run?

The narrator runs an independent used car dealership called Bar Motors.

What are some of the challenges the narrator faces with his business?

Some challenges include difficult employees, lack of space, issues buying inventory, and dealing with warranty claims and repairs.

What is the narrator's goal for expanding his business?

The narrator wants to grow his business by getting more space for vehicles, employees, and workshops. He looked into getting additional units at an industrial estate.

How does the narrator try to improve morale at his dealership?

He brings everyone Kentucky Fried Chicken to lift people's spirits during a difficult January.

What happened with the employee named Jordan?

The narrator set Jordan up with a valeting van but Jordan gave up on it after a week, costing the business money.

What is the narrator's view on buying cars in January?

He says January is usually very difficult for buying cars because demand is high after Christmas and prices are inflated.

What is the narrator's plan for an engine that is being delivered?

He plans to film the process of the new engine being installed in one of his cars that needs major repair work.

What is contributing to the narrator feeling stressed?

Difficult employees, lack of business expansion, expensive car repairs, winter weather, and general January blues are contributing to his stress.

What are some upcoming plans mentioned for the business?

Upcoming plans include meetings with sponsors and auction houses, filming videos with new cars, and recording podcasts.

What is the narrator's living situation like outside work?

He mentions driving a horse trailer to collect a horse for his partner, and one of their horses smashed up their riding arena.