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Nov. 10, 2023

#37 Making millions from subprime loans, From the streets to $150K/month, Raising capital at Church, Acquiring stakes in dealerships | Bruce Miller, Owner at Miller Motors

#37 Making millions from subprime loans, From the streets to $150K/month, Raising capital at Church, Acquiring stakes in dealerships | Bruce Miller, Owner at Miller Motors

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In this episode, I'm speaking with Bruce Miller, Owner of Miller Motors.


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Topics:

(00:00:00) - Intro

(00:02:51) - Bruce’s journey into automotive

(00:06:17) Bruce’s business today 

(00:09:57) - Bruce’s mentality in approaching business

(00:12:41) - Opening up a dealership

(00:27:41) - How Bruce runs his dealership

(00:35:44) - Profits

(00:36:56) - Marketing and tracking customers

(00:39:21) - It takes 100 customers to sell 21 cars

(00:41:29) - The main misconceptions about independent dealers

(00:43:16) - The future of the independent dealer

(00:46:42) - Learning about equity

(00:50:44) - Final thoughts

(00:53:06) - How to get in touch with Bruce


Check out Miller Motors here.


Get in touch with Bruce by calling him at (504) 615-9297


Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.