CJ Wilson / @Str8edgeracer AMA

CJWracing

I had no idea the 'regular car business' was populated by so many POS crooks, really. 

I'd say 80% of the people in the space I'd not want to be associated with at all. 

I really wish I would have just accumulated good assets and not listened to 'investment advisors' ever.  They're just rent seekers.  

I have taught myself everything and learned some VERY hard lessons over the years: 

1) Bad partners can cost you everything
2) Landlords can be your worst nightmare
3) Fail small, don't throw good money after bad.
4) Assets and Businesses you can control yourself are WAY better than absentee ones
5) You can never have enough bitcoin
6) Your wife is your best investment 

I was very active as an investor as a player, and so the 'go get a job' phase of retirement was easy to transition into.  I knew I wanted to take my grit and everyday work ethic and go fight the slobs in the car business.  

I really should have gone to work for a successful company to see what it's like from the inside before buying these stores and doing the 'ownership' thing though...I operated completely blind for years and looking back had some terrible employees at very high places who cost me a lot of money back then.  