91. Started a $1.5M Car Dealership on a Credit Card

Craig Stowell turned a $400 investment into a $100,000 Ferrari by flipping cars. In this interview, he’ll share how he started his car business, Flying Wheels, and his advice for how to start a car dealership without needing a huge upfront investment. 

Craig has had an entrepreneurial streak since childhood. As a teenager he’d buy, fix, and sell BMX bikes, and he earned enough doing it to buy his first car. In his 20s, he quit his 9-5 job and used his car flipping skills to start his own dealership, which has become nationally recognized for its high-quality used vehicles. 

While Craig is a natural salesman, scaling Flying Wheels to millions of dollars in inventory wasn’t easy. He’ll talk about what he struggled with when growing his car flipping business and how building a high-performing team drove his success. He’ll also share the challenges of starting his business during a recession and how he’s navigating the issues business owners face today like inventory shortages, price hikes, and inflation. 

Resources:

• https://bit.ly/3YDD6Dl Start your own business today with UpFlip Academy
• Flying Wheels - Find out more about Craig and Flying Wheels at their website

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

• On Youtube
• On Instagram
• On Facebook
• @UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!