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Last updated on 2024年6月23日

Here's how you can shift from being a mechanic to becoming an entrepreneur.

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Transitioning from a hands-on mechanic to an entrepreneur may seem like a daunting leap, but with your expertise in mechanics, you're already equipped with a valuable foundation. As an entrepreneur, you'll apply your knowledge to create business opportunities, manage resources, and lead initiatives. This shift involves not only utilizing your technical skills but also embracing new roles in management, strategy, and innovation. The transition can be incredibly rewarding, offering you the chance to build something that reflects your passion for mechanics while potentially achieving greater financial success and personal fulfillment.

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Justin Cloete

Chief of Lions Den.

1 Identify Niche

The first step in your entrepreneurial journey is to identify a niche within the mechanical industry where you can leverage your expertise. This could range from specializing in a specific type of vehicle repair to developing innovative tools or services that address unmet needs in the market. By focusing on a niche, you stand out from competitors and create a unique value proposition for your business. It's essential to conduct market research to understand customer needs and ensure there's demand for your offering. Remember, a successful business solves real problems for its customers.

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Justin Cloete

Chief of Lions Den.
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Well in some way a mechanic will have a niche skill or market, For instance i have been working on a w202 Mercedes Benz for years and that became my niche market. People knew if they they bring one of those cars i am about about 90percent sure i can sort it out and i know how the whole mono wiper systems works. Same for other mechanics what is the one or few cars you know very well. There is your niche.

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Duygu Iplikci Ergin

Former Investment Banker SVP at JP Morgan Chase I Managing Director| Business Leader |Managing Board Member I Angel Investor
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Focus on one thing that you do best. One thing to start... What is the story behind it? Why do you do it best? How long have been doing this task/job etc? What is your value? Price;Time;Service Quality? Have you got long term clients? Why should they choose you?After you think and determine all these, focus your resources creating your niche business around it.

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Caiky Alves

Operador Mantenedor Mecanico II na Aperam South America S.A | Técnico em Mecanica |
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Achar o seu nicho nem sempre é fácil, muitas das vezes desafiador mas com muito esfor?o e dedica??o você é capaz de adquirir conquistas mesmo n?o sendo um talento natural.

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junior filho

técnico em eletrotécnica
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Sabe aquele velho pensamento ao se deparar com um produto ou servi?o totalmente inovador: “Como eu n?o pensei nisso antes”???Você já parou pra pensar que a inteligência daquele inventor n?o está em somente criar aquele produto, mas sim em também identificar um?Nicho de Mercado?que gere uma demanda para ele? Pois é, ter um bom produto para oferecer é fundamental, mas é preciso que as pessoas queiram comprá-lo, porque do contrário ele será irrelevante no Mercado. Justamente por isso nós sempre devemos trabalhar com?algo inovador no meu caso Eletromecanica

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2 Business Plan

Once you've pinpointed your niche, it's time to draft a business plan. This document will serve as a roadmap, outlining your business goals, strategies, financial projections, and operational structure. A comprehensive business plan is crucial for securing funding, whether it's through loans, investors, or personal savings. It should detail how you plan to acquire customers, your pricing strategy, and how you'll scale the business over time. Think of it as the blueprint that will guide all your entrepreneurial decisions and actions.

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Duygu Iplikci Ergin

Former Investment Banker SVP at JP Morgan Chase I Managing Director| Business Leader |Managing Board Member I Angel Investor
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Your Business Plan Canvas should contain the usual suspects: Customer Segments :(What are the demographics of the customers-age, sex, education, geography, income level) Value Proposition:unique value that the business offers to its target customers. Distribution Channels:Which channels to use to reach the customer? Revenue Streams:pricing models, revenue generation strategies, and monetisation opportunities. Cost Structure: cost elements associated with operating the business. As well as Your Key Resources (Identify the resources required to deliver the value proposition, including physical assets, intellectual property, human resources, or strategic partnerships.), Your supply chain and KPIs(Key Performance indicators)

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3 Funding Strategy

Securing funding is a critical step in transitioning from mechanic to entrepreneur. You'll need capital to cover startup costs like tools, equipment, inventory, and possibly a workspace. Consider various funding options such as small business loans, grants, crowdfunding, or seeking investors. Presenting your well-crafted business plan can help convince lenders and investors of the viability of your venture. It's important to understand the terms of any funding you accept to ensure it aligns with your business goals and personal values.

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Dominique Brun

Making access to capital easy for diverse small businesses| Women-Led Capital for Women-Led Ventures | Funding Specialist matching Founders to Funders | Business Credit | Host, The Domino Effect |#dominofxgroup
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I always say the power's in the prep because only then will you be able to leverage opportunity when it presents itself. When emergencies arise, and they will, waiting to the last minute is literally the worst thing you can do. I suggest looking into a line of credit and establishing business credit. Make sure you're depositing into a business bank account, even if you're using 3rd party apps like Venmo and Zelle. Those deposits should be transferring into your business bank account. Also, remember not all money is good money. And just because you heard one NO, that's not the end all be all. Slow down, assess where you are currently, get an advisor, develop a plan then get funded. Let's Build! ??

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4 Build Your Brand

Building a strong brand is essential for establishing credibility and attracting customers. Your brand includes your company name, logo, and the overall image you present to the world. It should reflect the quality of your work and the values of your business. Developing a marketing strategy that utilizes social media, word-of-mouth referrals, and local advertising can help you build brand awareness in your community. Consistently delivering excellent service will also contribute to a strong reputation and brand loyalty.

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5 Operations Management

As an entrepreneur, you'll need to manage the day-to-day operations of your business effectively. This includes scheduling appointments, ordering parts, maintaining equipment, and ensuring customer satisfaction. Utilize technology to streamline processes, such as using software for appointment bookings and inventory management . Hiring skilled employees can also help you manage workload and expand services offered. Good operations management will keep your business running smoothly and can lead to increased profitability.

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6 Continuous Learning

The transition to entrepreneurship requires a commitment to continuous learning . Stay updated with the latest trends in the mechanical industry, business management practices, and customer service innovations. Attend workshops, network with other entrepreneurs, and consider finding a mentor who can provide guidance based on their own experiences. Your willingness to learn and adapt will be key to overcoming challenges and growing your business in the ever-evolving world of mechanics and entrepreneurship.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Here's how you can shift from being a mechanic to becoming an entrepreneur.

1

2

3

4

5

6

7

1 Identify Niche

2 Business Plan

3 Funding Strategy

4 Build Your Brand

5 Operations Management

6 Continuous Learning

7 Here’s what else to consider

Mechanics

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Here's how you can shift from being a mechanic to becoming an entrepreneur.

1

2

3

4

5

6

7

1 Identify Niche

2 Business Plan

3 Funding Strategy

4 Build Your Brand

5 Operations Management

6 Continuous Learning

7 Here’s what else to consider

Mechanics

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感谢您的反馈

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