Archive for Racing

From Washing Minivans to Maseratis

Alex Chapman is an entrepreneur from Essex, England who started his car washing business at the age of 13. Progressively, Chapman worked his way up to a luxury car detailing business charging upwards of $5000.

Many teens who are too young to get a job will find other ways to work for money. Some will choose odd-jobs in their locality such as mowing lawns, delivering newspapers, pulling weeds, washing windows, walking dogs, housesitting, and selling lemonade. Alex Chapman chose to make money charging £6 to wash cars in his neighborhood. He started with a sponge

and bucket, but now uses advanced polishing tools, wax, ceramic coating, and high-tech paint protection film. His current workspace includes three detailing bays, a shop, glass boardroom and outside washing area.

Alex Chapman is a very successful entrepreneur. He took a common odd-job for children and created a multimillion dollar business out of it. Chapman innovated by taking a menial and low-grade job and taking it to a whole new level. He worked h is way up the car detailing ladder from a simple wash to applying a $4000 paint- protecting film. Chapman took advantage of the reality that people will pay extraordinary amounts of money to avoid monotonous tasks. His business now takes a place in the luxury car care market. Luxury car owners will spend enormous amounts of money to know their car is well taken care of and in peak operating condition.

This is a very inspiring story to me, especially. This is the story of a kid starting with basically nothing and building it up far beyond his original goals. Alex Chapman exemplifies ambition in one of its most pure forms. I understand the market in which Chapman occupies, and know it is very competitive. Chapman’s business is exclusive to auto detailing in a market where it is common for a company to provide many different services with detailing as an extra resource. This means Chapman needs to be the best of the best to keep his enterprise afloat.

 

 

Sources:

https://www.ladbible.com/news/uk-teen-entrepreneur-has-own-business-polishing-luxury-cars-for-4000-20190320

https://www.ladbible.com/news/uk-teen-entrepreneur-has-own-business-polishing-luxury-cars-for-4000-20190320

https://awccardetailing.co.uk/about-awc-car-detailing/

Lyft

There is always a way to do something better, a more efficient, cheaper or easier way to achieve a goal as time goes on. Technology gets better, people can look at an obstacle in a new way that has yet to be seen. That is what John Zimmer did when he co-founded Lyft. John used to drive home from college everyday with four spare seats in his car to and from college and he came up with an idea. Why not rent out those seats? Then he realized that could be an app. A way for people with spare time, a car and some need for a little extra cash to offer that service like a taxi service to those without a car who didn’t want to be in some dirty weird smelling taxi. So that is just what John did when he created Lyft. Lyft took off very quickly and people loved the idea from both points of view the customer and the driver. It was a brilliant idea. It showed that a company that basically monopolized the transport business could be beaten that there were ways of creating a taxi service that benefits everyone. That’s thinking like an entrepreneur.