Entrepreneur Interview
1. My grandfather, because he owned multiple successful businesses.
2. Automobile sales and vendor sales
3. Most employees are part of my family. We have multiple divisions of the business, including advertising, vendor spacing, auction management, and ticket sales. It is a sole proprietorship founded and currently owned by myself, but I plan to pass it down to my children.
4. An advantage to my method of business organization is the trust and knowledge of my employees considering most of them are a part of my immediate family. Keeping the business in the family is a powerful way of keeping my business so successful. My trust and relationship with my employees is on a personal level, rather than a formal employer-employee relationship. Some of the younger members of my family learn how the business is run and managed started at an early age so that they know what it takes to keep this business successful.
5. Since I keep the business mostly in the family, I leave little room for expansion when it comes to my number of employees. I like keeping a tight structure among my family rather than employing a lot of people outside of the family. Hypothetically, the only way to expand my employee count while still maintaining my current business structure would be to expand my family.
6. As of now, I wouldn’t seek to sell shares of stock because I like to keep it a privately owned company. As I said before, I like to keep the business in the family, which includes ownership.
7. The greatest challenge in starting my company was getting the attention it needed to have a successful kickstart. I managed to do this very well by requesting assistance from my previous business partners who are experts on advertising. With their help, the first Zephyrhills Auto Auction managed an attendance 190% higher than originally projected. This kind of success did not come without long hours and sleepless nights.
8. The most important piece of advice I can give to a young ambitious
2. Automobile sales and vendor sales
3. Most employees are part of my family. We have multiple divisions of the business, including advertising, vendor spacing, auction management, and ticket sales. It is a sole proprietorship founded and currently owned by myself, but I plan to pass it down to my children.
4. An advantage to my method of business organization is the trust and knowledge of my employees considering most of them are a part of my immediate family. Keeping the business in the family is a powerful way of keeping my business so successful. My trust and relationship with my employees is on a personal level, rather than a formal employer-employee relationship. Some of the younger members of my family learn how the business is run and managed started at an early age so that they know what it takes to keep this business successful.
5. Since I keep the business mostly in the family, I leave little room for expansion when it comes to my number of employees. I like keeping a tight structure among my family rather than employing a lot of people outside of the family. Hypothetically, the only way to expand my employee count while still maintaining my current business structure would be to expand my family.
6. As of now, I wouldn’t seek to sell shares of stock because I like to keep it a privately owned company. As I said before, I like to keep the business in the family, which includes ownership.
7. The greatest challenge in starting my company was getting the attention it needed to have a successful kickstart. I managed to do this very well by requesting assistance from my previous business partners who are experts on advertising. With their help, the first Zephyrhills Auto Auction managed an attendance 190% higher than originally projected. This kind of success did not come without long hours and sleepless nights.
8. The most important piece of advice I can give to a young ambitious