[quote=assetgatherer]No I just like to keep tabs on what is going on.[/quote]

In eleven years you came into the business, left it, came back, and left--while also during those eleven years you went into the muscle car business, left it and came back to it?

Would it be cynical to think you have issues with the idea of growing up?

[quote=assetgatherer]No I just like to keep tabs on what is going on.[/quote]

What are you gonna do when the teenagers from the nineties get all nostalgic and want to restore some Mitsubishi Eclipses? The thought of that makes me sick.

[quote=knucklehead]

[quote=assetgatherer]No I just like to keep tabs on what is going on.[/quote]

What are you gonna do when the teenagers from the nineties get all nostalgic and want to restore some Mitsubishi Eclipses? The thought of that makes me sick.

[/quote]

Me too!!!

You know.... against my better judgement, I find myself beginning to agree with you on several things.   I'm worried about myself now.

Would it be cynical to think you have issues with the idea of growing up?



It depends on your definition of growing up. If that means doing something that you hate for many years and then retiring to a bitter life of posting on internet forums then I would much rather not “grow up”. Most people don’t have the balls to take a chance and be their own boss. Don’t kid yourself, working for someone else provides you with zero job security. You can be let go at any time. If I don’t get up in the morning and get done what needs to be done then the fault lays on me not any one else.

[quote=babbling looney][quote=knucklehead]

[quote=assetgatherer]No I just like to keep tabs on what is going on.[/quote]

What are you gonna do when the teenagers from the nineties get all nostalgic and want to restore some Mitsubishi Eclipses? The thought of that makes me sick.

[/quote]

Me too!!!

You know.... against my better judgement, I find myself beginning to agree with you on several things.   I'm worried about myself now.

[/quote]

Would it be because you got your hands on a naked picture of me?

[quote=assetgatherer]

If that means doing something that you hate for many years and then retiring to a bitter life of posting on internet forums then I would much rather not "grow up". Most people don't have the balls to take a chance and be their own boss. Don't kid yourself, working for someone else provides you with zero job security. You can be let go at any time. If I don't get up in the morning and get done what needs to be done then the fault lays on me not any one else.

[/quote]

Nobody disagrees with you and your philosophy.  What is crystal clear however is that you either can't make a living working with the cars or you don't get along with your family.  Otherwise why come and go from that business like a revolving door?

I have no problem with deciding that working at Morgan Stanley was nothing like working at T. Rowe Price--what interests me is why you left the car business to go to Morgan Stanley at all if the car business was your true love and all that jazz.

The story just seems like the epitome of not knowing what you want to do when you grow up.

Not that any of us ever really know for sure.

As an aside, I would think that building muscle cars is about as dangerous a business as one could be in--something tells me that when the economy goes south one of the first toys to go from the budget will be a muscle car to remind me of my youth.

You know, defensive, cyclical, counter cyclical and all that.

[quote=knucklehead]

[quote=assetgatherer]No I just like to keep tabs on what is going on.[/quote]

What are you gonna do when the teenagers from the nineties get all nostalgic and want to restore some Mitsubishi Eclipses? The thought of that makes me sick.

[/quote]

Speaking as an owner of two 1971 GTOs, I certainly agree with your sentiment, but I do wish that you had waited 'til after I had finished eating to bring that up.

NASD Newbie-I make a good living doing what I am doing now. And you are right about not getting along with my family regarding the family business. That is why I went out on my own. I don’t just restore cars…I also have a collision repair business that caters to a lot of high end vehicles and the doctors and lawyers that own them. That is why I tried to leverage my relationships with my clients. But my idea did not work so I went back to what I had known before which was the car business. And by the way my business is a lot more recession proof than you might think. No matter what people still have to get their cars repaired after they get into an accident. How many BMW or Mercedes Benz do you see driving around with their front end hanging off? Not very many.

[quote=assetgatherer]NASD Newbie-I make a good living doing what I am doing now. And you are right about not getting along with my family regarding the family business. That is why I went out on my own. I don't just restore cars...I also have a collision repair business that caters to a lot of high end vehicles and the doctors and lawyers that own them. That is why I tried to leverage my relationships with my clients. But my idea did not work so I went back to what I had known before which was the car business. And by the way my business is a lot more recession proof than you might think. No matter what people still have to get their cars repaired after they get into an accident. How many BMW or Mercedes Benz do you see driving around with their front end hanging off? Not very many.[/quote]

Imagine that, doctors and lawyers couldn't make the mental transition to taking investment advice from the guy who owns the body shop where they had their car repaired.

NASD Newbie I knew that you would come back with a response like that. You would be suprised to know that most of the clients that I had at Morgan Stanley were contacts that I made via the car business. Because, unlike you, most of the people that I came into contact with were genuine and real and not pompous. What do you think that small business owners think about people like you. We can smell you a mile away.

[quote=assetgatherer]NASD Newbie I knew that you would come back with a response like that. You would be suprised to know that most of the clients that I had at Morgan Stanley were contacts that I made via the car business. Because, unlike you, most of the people that I came into contact with were genuine and real and not pompous. What do you think that small business owners think about people like you. We can smell you a mile away.[/quote]

Wait, if that were true you would have been a roaring success at Morgan Stanley.

Would you hire a banker to fix your teeth?

There's a huge difference between a doctor and a body shop owner playing a round of golf, or sitting in a duck blind together, or going on a motorcyle fun ride for chairty---and that doctor trusting the body shop guy with is retirement plan.

Knowing a lot of people is part of the task--getting them to trust you is a whole different ball game.

I agree with you…thats one of the reasons why I left Morgan Stanley…I couldn’t get enough of my business contacts to come over. I told you from the beginning that it was difficult to gain traction. So I had an idea, tried it, and failed. Then I moved on. There is absolutely nothing wrong with that at all.

[quote=assetgatherer]I agree with you...thats one of the reasons why I left Morgan Stanley...I couldn't get enough of my business contacts to come over. I told you from the beginning that it was difficult to gain traction. So I had an idea, tried it, and failed. Then I moved on. There is absolutely nothing wrong with that at all.[/quote]

Absolutely--and may you have many good years of selling muscle cars, or funny cars or whatever they're called.

[quote=assetgatherer]I agree with you...thats one of the reasons why I left Morgan Stanley...I couldn't get enough of my business contacts to come over. I told you from the beginning that it was difficult to gain traction. So I had an idea, tried it, and failed. Then I moved on. There is absolutely nothing wrong with that at all.[/quote]

AG, please stop trying to explain entrepreneurial concepts to a man who spent his life as an employee.