We once started a mattress factory. We bought an expensive sewing machine. We rented a warehouse. We bought a large moving van to haul our product. We discovered we could make mattresses for $75 apiece. Mattresses that we could only sell for $50 a piece.
We once started a Mexican restaurant called La Esquina. Our first month we lost $25,000. Our best month we lost $5000. After losing $100,000 in the first year, we shut the doors.
A computer business we started closed when the only guy who knew anything about computers relapsed after defrauding us.
We had an air conditioning business that floundered after the only guy who knew about air conditioning took off.
We rarely talk about these things because we focus on what works. Today we have a 44 room hotel that generates revenue. We have a few small convenience stores that make a little money. We have a maintenance company that's profitable. We have a temporary labor company that does well. And the great thing about these businesses is that they also provide job training for clients.
At TLC we focus on the positive, on what works. That's a policy we’ve followed over the past 22 years.
And what’s our next project? We’re starting a tire shop at our Roosevelt property. It’s in a great neighborhood for used and low priced tires. If it works we’ll let you know. If it doesn’t, well…
Click here to email John
We had an air conditioning business that floundered after the only guy who knew about air conditioning took off.
We rarely talk about these things because we focus on what works. Today we have a 44 room hotel that generates revenue. We have a few small convenience stores that make a little money. We have a maintenance company that's profitable. We have a temporary labor company that does well. And the great thing about these businesses is that they also provide job training for clients.
At TLC we focus on the positive, on what works. That's a policy we’ve followed over the past 22 years.
And what’s our next project? We’re starting a tire shop at our Roosevelt property. It’s in a great neighborhood for used and low priced tires. If it works we’ll let you know. If it doesn’t, well…
Click here to email John
