OUTSTANDING
ACCOMPLISHMENTS
Doctor Doug White, PhD.
My father took my mother and I to Bass Lake
Indiana for a two-week vacation.
During that vacation my father suffered a heart attack and was taken to the
closest hospital.
My mother and I had to return home so she could go to work and I could go back
to school and
it was lucky that my father had taught me to drive because that was the only way
that my
mother and I could have gotten home.
I was only 15 years old and when my father
returned home he told me that I would be able to buy a car,
actually, he would buy the vehicle and I would have to make the payments. Kind
of a reward
for helping out the family. That was great except the only time that I could
drive
the car, before I reached 16, was with him. So most of the time was spent
designing things
for the car. We bought a 1956 Mercury Convertible. It was red and white with a
white top and stick shift.
I wanted it to be different and so the first
thing I designed was a center piece for the four
Cadillac hubcaps that I had gotten ( free ) from a friend
of mine who worked in a junkyard. I designed a clear plastic
insert with a white rose and three green leaves surrounding the rose. The final
touch was a black felt background.
The design was easy, now I had to find a
company that would bring my design
to reality. I sat down and called plastic companies in the yellow pages. Most of
them
said that they handled other types of plastic and that they wouldn't be able to
help me.
Well, I was persistent and I continued calling until I reached the second to the
last name
in the book and he said that he didn't do that kind of work, however, there was
a company
that was not listed in the phone book that might. He gave me the number and sure
enough the owner of that company agreed to look at my design.
On October 24th, 1957, my sixteenth birthday, I
drove my masterpiece to the local MacDonald's
where everybody hung out with their great looking cars. As soon as I pulled into
the
parking lot I was approached by a guy who drove a 1932 Ford Roadster who admired
my hubcaps, asked me where I got them and where he could buy a pair.
I told him that I had designed them and that he
could buy this pair with a guarantee that I
would not produce another pair exactly like them. He paid me $80 for four
hubcaps
with the inserts. The inserts had cost me $5 each and you know where I got the
hubcaps.
That was the start of CUSTOM ENTERPRISES, Everything Custom Made from Plastic.
I worked this company part time for two years,
netting $5,000.00 which was
my first exposure to running a business.
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SPECIAL NOTE: This company was run on a part time basis. My only cost was
$6.95 for
a thousand business cards. I then went to custom car shows and carried pictures
of what I had done
for others. People placed orders every show.
I did not have any inventory, because everything was custom
made. This allowed me to come up
with a formula for the business, and the formula that I still use today, 46
years later. CDW.
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FORMULA: Get the information from the
new client.
Tell him that you need to calculate the cost at your shop and will get back to
them in a couple days.
( you then go back to your secret manufacturer
who will actually make the product )
When your cost is $10 you multiply your cost by
4 times or $40 ( retail ).
Your deposit from the client before you make the custom product is 1/2 of the
retail price or $20.00
( at this point you have collected your total
cost to make the product and an additional $10 for expenses )
When you deliver the product to the client you
collect the balance of $20.00 which is pure profit.
THIS "FORMULA" WORKS NO
MATTER HOW MUCH THE PRODUCT COSTS
( your custom cost x 4 = retail. Collect 1/2 deposit and the balance upon
delivery )
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“I work with people who want to live a longer, healthier, happier and
more prosperous lifestyle,
to any age they choose.” CDW.
Make contact today
1- (Info@DrDougWhite.com)
Out of the U.S. send me an e-mail AbetterLife@DrDougWhite.com
and list your name,
phone number and the best time to call and I will make contact to get you
started. CDW.