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Here's how this entrepreneur built his $3 million business buying cars at auctions - TL;DR CNBC

Here's how this entrepreneur built his $3 million business buying cars at auctions

Publishing timestamp: 2023-02-17 09:04:36


Summary

Craig Stowell owns Flying Wheels, a car dealership in Danville, New Hampshire valued at $3 million. He buys cars at auctions around the country and has reached nearly $1.3 million in sales last year. He has built his business by learning from his mistakes and sharing his experiences on social media.


Sentiment: POSITIVE

Tickers: CARS,  AUTO-GB,  LNC,  CVNA, 

Keywords: automobile shows,  auto insurance,  entrepreneurs,  entrepreneur,  personal finance,  cars.com inc,  business owner,  automobile manufacturing,  auto loans,  antique shopping,  exchange-traded funds,  business news,  lincoln national corp,  online auctions,  automobile safety,  online auctioning,  detroit auto show,  millennials,  retirement planning,  arts and collectibles auctions,  auto trader group plc,  entrepreneurship,  investment strategy,  arts and antiques dealing,  auto racing events,  generation y,  u.s. small business administration,  autos,  small business,  personal saving,  ownership changes,  carvana co,  los angeles auto show,  arts and antiques auction houses,  financial planning,  investors, 

Source: https://www.cnbc.com/2023/02/17/this-entrepreneur-built-a-3-million-business-buying-cars-at-auctions.html


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