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Why would they need $500K to figure it out? Honestly, why? I did it with $600 (no zeroes missing). I dont get how people just throw around huge amounts of money

Why would they need $500K to figure it out? Honestly, why? I did it with $600 (no zeroes missing). I dont get how people just throw around huge amounts of money like it was nothing. 500K is a huge amount of money and it should be put to work towards building wealth and not towards speculating on bad business models. And see, you just said something very important. You see yourself using them. But tell me, who washes your car right now? How much do you pay them? How come you don't have one of the local on-site car wash businesses come by and work on your car?

prostoalex 14y ago
Probably marketing. You need to buy your initial leads to get the business going.
- orangethirty 14y ago
  Not marketing. Definitely not marketing. I spent $50 on marketing and it got me about $3k worth of business on the first two weeks. Just some flyers and self-printed business cards.
  - prostoalex 14y ago
    Ok, so you had 1 subcontractor (yourself). I don't know Cherry's deal, but doesn't seem unreasonable to say that they were shooting for a 1,000. Or 10,000. In geographically dispersed areas. You can see how it can start adding up.
    - orangethirty 14y ago
      I never said I was the only one washing cars. I had sub-contractors that I paid on a per-car basis. Scaling an on-site car wash to 1,000 or 10,000 sub contractors is not going to happen. And here is why: Too many problems will arise. Insurance claims, theft, etc. will quickly make them raise the price to keep a healthy profit margin. Problem is, once you pass a certain price point, people will simply not buy. Thus you end up scaling for nothing. On site car washing is one of those businesses that just doesn't scale favorably.
- rhizome 14y ago
  There have been onsite carwashers for some years now, decades even. If someone could see themselves using Cherry, they would probably already be aware of this.

prostoalex 14y ago

Probably marketing. You need to buy your initial leads to get the business going.

orangethirty 14y ago
Not marketing. Definitely not marketing. I spent $50 on marketing and it got me about $3k worth of business on the first two weeks. Just some flyers and self-printed business cards.
- prostoalex 14y ago
  Ok, so you had 1 subcontractor (yourself). I don't know Cherry's deal, but doesn't seem unreasonable to say that they were shooting for a 1,000. Or 10,000. In geographically dispersed areas. You can see how it can start adding up.
  - orangethirty 14y ago
    I never said I was the only one washing cars. I had sub-contractors that I paid on a per-car basis. Scaling an on-site car wash to 1,000 or 10,000 sub contractors is not going to happen. And here is why: Too many problems will arise. Insurance claims, theft, etc. will quickly make them raise the price to keep a healthy profit margin. Problem is, once you pass a certain price point, people will simply not buy. Thus you end up scaling for nothing. On site car washing is one of those businesses that just doesn't scale favorably.
rhizome 14y ago
There have been onsite carwashers for some years now, decades even. If someone could see themselves using Cherry, they would probably already be aware of this.