TNH CLIPS - How I Grew My 130 Million Dollar Truck Dealership At 30 Years Old

Truck N' Hustle

Rahmel Wattley

Investing, Entrepreneurship, Business

5 • 661 Ratings

🗓️ 12 March 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

#trucknhustle #podcast #trucknhustlepodcast Korey Neal talks about building the 2nd Largest minority owned truck dealerships at the age of 30. WATCH FULL EPISODE: https://www.youtube.com/watch?v=vSzij0cHVps&t=240s CONNECT WITH KOREY NEAL: https://www.instagram.com/kdotneal/ https://www.knealtbc.com https://www.linkedin.com/in/koreyneal/ __________ GET EARLY BIRD TICKETS FOR FREIGHT FEST 2023!!: http://FreightFest.com FOR MERCH: http://www.trucknhustle.store FOR EXCLUSIVE CONTENT & MORE VISIT: https://www.trucknhustle.com/ __________ SPECIAL THANKS TO OUR SPONSORS!!: OTR SOLUTIONS https://otrsolutions.com/trucknhustle/ CALL (470)900-3338 GTT COMMERCIAL TIRES https://www.gttcommercial.tires/ CALL 1(800)991-6251 __________ MENTIONED ON TRUCK N' HUSTLE PODCAST: DAT POWER - The Industry's Most Advanced Load Board http://www.dat.com/power/0001922618 DAT TRUCKERS EDGE http://www.truckersedge.com/0001922618 DAT EXPRESS http://www.dat.com/express/0001922618 __________ THIS PODCAST WAS PRODUCED, RECORDED, SHOT & EDITED by Kweku KingNabi for Truck N' Hustle Media HERE IS WHAT WE USE: Blackmagic Design Pocket Cinema Camera 6K Pro: https://amzn.to/3BwRUYm Rode RODECaster Pro Podcast Production Studio: https://amzn.to/3Bw3cvW Electro-Voice RE320 DYNAMIC MICROPHONE: https://amzn.to/3BuhmxD Sigma 18-35mm F1.8 Art DC HSM Lens for Canon, Black: https://amzn.to/3FMqvUE Godox SL-60W CRI 95+ LED Video Light SL60W White 5600K Version: https://amzn.to/3HqXRtE __________ JOIN THE HUSTLE FAM ON SOCIAL MEDIA: Instagram: http://instagram.com/trucknhustle/ TikTok: https://www.tiktok.com/@trucknhustle Facebook: https://www.facebook.com/trucknhustle Linkedin: https://www.linkedin.com/company/tnhmedia/ Discord: https://discord.gg/g8kzDNu7 Twitter: https://twitter.com/TruckNHustle Patreon: https://www.patreon.com/Trucknhustle Listen to the TRUCK N' HUSTLE PODCAST: iTunes: https://podcasts.apple.com/us/podcast/truck-n-hustle-1-trucking-podcast Spotify: https://open.spotify.com/show/55GP6pfA0RlmtEgNH70d5K _________ NOTE: This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

Transcript

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0:00.0	So from the Washington metropolitan area, I grew up here all the way through.
0:06.4	I went to high school here in Washington, D.C., really fortunate to go to an incredible school here.
0:11.8	Going out school, changed the trajectory in my whole life, was a student athlete, then I went
0:16.7	to Eastern Michigan University, played football there, had a great experience, you know,
0:21.2	lost a lot of games, you know, lost a whole lot of games. But at the end of the day,
0:25.2	you know, a lot of that learning helps me today. After that, hopped around in the NFL on some
0:29.9	short tryouts, not for long NFL. And then after that, you know, hop right into the family
0:34.6	business, right? You know, one of the things that's pretty unique is, you know, we are a family-owned by our family. And when you kind of get into
0:42.5	this space, most time people have a lot of investors and a whole bunch of different things. But,
0:46.3	you know, my father and I are the sole owners of this organization. Okay. Talk about the origin
0:51.2	story of this business a little bit. Get into that.
0:54.4	So 1968 District International was here right where we're sitting. So in 1968, this started.
1:00.6	We purchased this in 2004. 2004, we'd be doing about $30 million of a business. Just in 2020, we did over $110 million in business.
1:10.6	Okay.
1:11.6	So we have tripled the size of our business and our organization.
1:13.6	We've grown.
1:14.6	We used to have one store.
1:16.6	Now we have four stores in the Washington metropolitan area.
1:19.6	And we are just full service.
1:21.6	Everything trucking needs to be handled from leasing, selling, use trucks, service, parts,
1:26.6	anything you need for your trucks
1:28.5	and school buses. Okay. So in 2004, you got started. You said District International was here,
	...

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