1. What business did you begin? What sparked your interest into this business?
I began the company Jennings Transport Inc. I had friends in the car businesses who were whole-salers and dealers and I saw an opportunity to begin hauling cars. I took the risk to start my own business and began by purchasing a four car hauler and a dually. Today I now own five semis, three nine car haulers, one eight car hauler, and one seven car hauler. I employ five drivers and an office staff.
2. What are a few of the hardships and failures you have encountered throughout your years as an entrepreneur? How about the rewards of starting your own business?
I incorporated a wrecker service into my business and it was not profitable. So I sold the wrecker and continued car hauling. Other hardships include the difficulty of finding drivers with clean driving records and the stress of negotiating contracts with clients. Being an entrepreneur offers the rewards of being your own boss, the flexibility of hours once the business was established, and having the ability to grow my business in my field of interest.
3. What are some of the most important skills it takes to be a successful entrepreneur?
It is very important to have the willingness to take a risk, a strong determination, networking and relationships with clients. In addition to all of this, it is essential to provide excellent customer service.
Interviewing Mr. Jennings gave me an opportunity to see the perspective an entrepreneur has on his own business. Mr. Jennings saw that the wrecker service was not profitable, and therefore sold it. This shows this importance of being flexible and determined, as Mr. Jennings stated in his answer for question number 3. I had also not considered the aspect of the drivers; Mr. Jennings has to find drivers with clean driving records which can be very hard, as he stated. Mr. Jennings was very kind and helpful in helping me to understand in depth what it is like to be an entrepreneur.
I began the company Jennings Transport Inc. I had friends in the car businesses who were whole-salers and dealers and I saw an opportunity to begin hauling cars. I took the risk to start my own business and began by purchasing a four car hauler and a dually. Today I now own five semis, three nine car haulers, one eight car hauler, and one seven car hauler. I employ five drivers and an office staff.
2. What are a few of the hardships and failures you have encountered throughout your years as an entrepreneur? How about the rewards of starting your own business?
I incorporated a wrecker service into my business and it was not profitable. So I sold the wrecker and continued car hauling. Other hardships include the difficulty of finding drivers with clean driving records and the stress of negotiating contracts with clients. Being an entrepreneur offers the rewards of being your own boss, the flexibility of hours once the business was established, and having the ability to grow my business in my field of interest.
3. What are some of the most important skills it takes to be a successful entrepreneur?
It is very important to have the willingness to take a risk, a strong determination, networking and relationships with clients. In addition to all of this, it is essential to provide excellent customer service.
Interviewing Mr. Jennings gave me an opportunity to see the perspective an entrepreneur has on his own business. Mr. Jennings saw that the wrecker service was not profitable, and therefore sold it. This shows this importance of being flexible and determined, as Mr. Jennings stated in his answer for question number 3. I had also not considered the aspect of the drivers; Mr. Jennings has to find drivers with clean driving records which can be very hard, as he stated. Mr. Jennings was very kind and helpful in helping me to understand in depth what it is like to be an entrepreneur.
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