Organized by: Brad Reynolds
Fortunately growing up I had a father who built himself up to be an successful entrepreneur through many business ventures which some failed and other were successful, this enabled me to grow up in a nice area in Fontana, CA. I can remember being very little as a kid and watching my dad build a business from nothing but from the drive to provide for his family. Growing up with such a strong person made me want to become an entrepreneur at such a young age. I still remember being in middle school on the weekends helping my dad in the warehouse putting together traffic stands for a new business that he was building. His entrepreneurial spirit to keep creating and innovating had a big influence on my goal in life to become a successful and strong entrepreneur such as him. With this strong entrepreneurial influence I began to create my own little business ventures when I began high school. One of the first was an online eBay store in which I began to sell e-cigarette Vaporizer’s when they first became a trending item. Having that store taught me a lot about customer service and marketing, both were key to having a successful eBay store. There was so much competition on eBay that at times I was only making 2% profit over the final cost for many items; I had to balance the cost from my Chinese suppliers, make sure I buy enough to make shipping from China cost effective, allocate the cost of packing material and the cost to ship the items to the end customer. As well market my prices competitively so that I would get a sale over the larger amount of other completion selling the same items as me. All of these concepts disciplined me on what it takes to run a successful business and transition to my next venture. Today I have a day job as a Production Supervisor at a manufacturing company in Corona, CA, I am fortunate enough that I have great hours and get off to have time to build my next business venture. Which is a company called Tru Motorcars in which I rent out vehicles for extended periods of time to distressed customers who may otherwise be rejected by a big corporate car dealership. I assist customers by providing them a reliable vehicle for the nominal cost of the average daily lunch. As of today I have had 5 successful customers in which on average they each have rented a car out for 9 months. My plans for the future are to open stores across Southern California and transition into making my company national.
These funds will assist me to purchase more vehicles so that I can rent more cars out to multiple customers at the same time. As well it will help me pay for maintenance cost to insure that the current inventory that I have can last as long as I need them.
With these funds I am able to begin to grow my business and have a greater footprint in my niche market as well I can assist more members of my community to receive an affordable reliable vehicle. It will enable me to accomplish a personal goal to further my business into something larger as well assist me to provide the support that my own family needs.