[ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk

Fantastic readLoved the book Very inspiring Willis is a rare breed and one who I admire very much What a great story Highly recommend the book This was a very good book If your into business you maybe able to pull good things from it This was a very good book If your into business you maybe able to pull good things from it also an easy read This is one of the most under the radar business biographies from the past decade Willis Johnson Founder of Copart has imparted his business and life lessons into this book which is a great easy to read book with many nuggets of wisdom sprinkled throughout the pages His story is a testament to the *power of hard work good values and business common sense While Willis *of hard work good values and business common sense While Willis a simple man in many respects he only has a high school degree many of his principles are sound business practices and competitive strategy I found the ongoing comments regarding IAA CPRT s chief competitor very fascinating for years IAA was considered the biggest company in the salvage space but over time CPRT has taken that crown Willis was constantly playing the long game with respect to his business and as things stand today CPRT is now 4x the size of IAA based on market cap Again there are so many lessons to take away from Junk to Gold is about one man's journey from humble beginnings to unimaginable success Willis Johnson the founder of Copart CPRT offers up a personal and inspi. humble beginnings to unimaginable success Willis Johnson the founder of Copart CPRT offers up a personal and inspi. Junk to GoldVantage of this was Copart could limit its liability and get a *greater percent of earnings per investment since they were putting out less *percent of earnings per investment since they were putting out less The downside was IAA could show revenue on its books which people on Wall Street saw as having potentialI didn t care though because I new in the long run it was about earnings The bottom line is what percentage are you making on your business If we are pulling 30 to 40 percent to their 10 percent we are a stronger company page 116And just one other part I particularly liked was how Willis approached buying parts from a liuidation sale at Chrysler this is value investingAfter moving through that inventory I made another trip out to Detroit and decided to give radiators a try They had these big crates of new radiators designed for Volares Aspens and Cordobas Since I d been in the scrap business I new that each radiator had five dollars worth of copper in it so I figured I d bid seven dollars each on the lot That way I could sell the radiators and whatever I couldn t move would still get me five dollars off the copper page 56Do yourself a favor and pick up this book it s a great beach read you won t regret. Of success Willis remained grounded in his family first values His stories will inspire and provoke the entrepreneur in everyone to start building their dream. His book That said if I were to take AWAY ONE KEY TAKEAWAY I LOVED HOW WILLIS WOULD one ey takeaway I loved how Willis would potential acuisition targets based on aspects not seen on the balance sheet intangibles such as how the business was run by a family and these businesses may be running various family expenses through the salvage yards I ve put the passage belowI had the advantage there IAA bought companies the Wall Street way based on pretax or after tax earnings I had my own method based on how many cars the auction sold and the value of the land I My Favorite Things knew what didn t show up on the balance sheet of a private family owned company that many of these business owners used a lot of their profits to buy personal cars or pay salaries and benefits to their family members Many of the businesses were undervalued as a result I paid a little for these businesses but I was also able to see their potential With my operating systems and business model I alsonew we could increase profits almost instantlyThe other philosophical difference between Copart and IAA was that IAA purchased the cars from the insurance companies while Copart charged fees to store clean up and sell the cars The ad. Rational account *Of This Journey To *this journey to top including lessons he learned from love war and building a global multi billion dollar business Even at the pinnacle.


3 thoughts on “[ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk

  1. says: [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk Free read õ PDF, eBook or Kindle ePUB free í Willis Johnson Free read Junk to Gold

    Free read õ PDF, eBook or Kindle ePUB free í Willis Johnson [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk This is one of the most under the radar business biographies from the past decade Willis Johnson Founder of Copart has imparted his business and life lessons into this book which is a great easy to read book with many nuggets of wisdom sprinkled throughout the pages His story is a testament to the power of har

  2. says: [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk Free read Junk to Gold

    [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk This was a very good book If your into business you maybe able to pull good things from it Its also an easy read

  3. says: Willis Johnson í 5 review [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk

    [ ONLINE Junk to Gold ] AUTHOR Willis Johnson – pullanmaths.co.uk Fantastic readLoved the book Very inspiring Willis is a rare breed and one who I admire very much What a great story Highly

Leave a Reply

Your email address will not be published. Required fields are marked *