#65 How luxury dealerships make money, Selling a Lamborghini for Bitcoin, His net worth, Biggest wins and losses | CJ Wilson, Owner and GM of Porsche Fresno
#65 How luxury dealerships make money, Selling a Lamborghini for Bitcoin, His net worth, Biggest wins and losses | CJ Wilson, Owner and GM of Porsche Fresno  
Podcast: Car Dealership Guy Podcast
Published On: Tue Mar 12 2024
Description: In this episode of the Car Dealership Guy podcast, I'm speaking with CJ Wilson, Owner and General Manager of Porsche Fresno where we discuss his career as an MLB All-Star pitcher, Racing Miatas with Jimmy John (yes, that Jimmy John), How he acquired his first dealership from the fallout of a divorce, Selling cars for Bitcoin in 2023, and his highs and lows in the luxury car dealership business. This episode is brought to you by: AutoFi - AutoFi empowers your team with digital retail technology that accelerates the sale. Learn more @ https://www.autofi.com/cdg/ Cars Commerce - The platform to simplify everything about buying and selling cars. Learn more at https://www.carscommerce.inc/ Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com. Interested in advertising with Car Dealership Guy? Drop us a line here Interested in being considered as a guest on the podcast? Add your name here Topics: (00:00:00) - Intro (00:02:52) - Bitcoin (00:06:25 - CJ’s career from pro baseball to auto (00:13:51) - Experiences running a dealership (00:17:54) - Mistakes made along the way (00:21:25) - Buying a McClaren store for $700k (00:25:00) - Building a financial literacy skill (00:28:15) - Key lessons learned running a dealership (00:37:24) - Setting store goals (00:39:07) - Billionaire aspirations (00:46:42) - The real estate side of dealerships (00:51:00) - Sales revenues, scale, and leadership philosophies (01:01:53) - Wealth (01:03:51) - Hottest and coldest cars in the luxury market right now (01:08:41) - What are your thoughts on the economy? (01:15:51) - 5-year prediction for the luxury market Check out Porsche Fresno here 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.