Having been in the business for over 35 years it is amazing how much has changed and most of it I predicted years ago but no one listened. I was even call a conspirency person by some industry leaders who have now left the business with thousands in their pockets.
I have always had the ability to forecast business trends and that is why I change our company's direction every few years. You have to change with what the market is calling for in purchases.
You learn that from being on the front line of your business, not by asking or surveying past participates. The people who are living and working the shops knows what people are wanting and buying.
We are dealing with a current world of hard to get supplies/parts, wholesale pricing and faster deliverability!
So what is so difficult about this scenario?
It produces a topsy turvey environment to do business and survival only comes from the strongest and most persistent. It is time to strike out and take a chance on new markets if they are calling! If you don't someone else will and bypass you.
Is this harder to do now? More than ever but the rewards are much higher now than the past. You get to keep going for another year and then some.
If you are an automotive aftermarket manufacturer, now is the time to look around and see what is happening on the front lines. If you keep listening to your beancounter you may be in a downward trend.
I know a lot of young energetic automotive aftermarket guys who are tearing up the market with their localized products.
Our business may be coming back to US soil in a underground sort of way!
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