Group Leader
Derrick Lopez
  • Male
  • Englewood, NJ
  • United States

Derrick Lopez's Discussions

Mechanic help

Started this discussion. Last reply by Mary Kathan Jan 7, 2012. 1 Reply

What to do?

Started this discussion. Last reply by Jason McCain Dec 5, 2011. 6 Replies

On my way to a new Job Search

Started this discussion. Last reply by Derrick Lopez Jul 23, 2009. 6 Replies

Derrick Lopez's Friends

  • Dr. Jason Cabler
  • Alex Barker
  • Matthew Tackett
  • Jason Fisher
  • Tomasz Strzemecki
  • Todd Ensworth
  • pamela belcher
  • Russ Goddard
  • Kindra Cotton
  • Gary Ahl
  • Dominique Saldana
  • Scott R. Harpole
  • Karen
  • Jay Lode, CPA
  • Robert Kibbe

Derrick Lopez's Page

Latest Activity

Chris Wood commented on Derrick Lopez's group Auto Businesses
"Phil, great insight. I know i struggle with the idea of selling something for less than I have in it. But the stagnant inventory is definitely a loss, wether you sell it for less or you hold on to it and can't use the capitol in something else.…"
Jan 23
Phil Plyler commented on Derrick Lopez's group Auto Businesses
"Chris, I never had a problem with selling w/ salvaged title. I just took plenty of before and after pics, and kept receipts, both for the buyer and for the Arkansas state police who usually wanted paperwork signed documenting parts and labor if the…"
Jan 23
Chris Wood commented on Derrick Lopez's group Auto Businesses
"Has anyone had any problems selling cars with salvage titles? I am pretty sure this probably going to be my next car to sell. It seems to have better opportunity for return. Please leave any all comments, I would like to know thoughts. Thx"
Jan 23
Chris Wood commented on Derrick Lopez's group Auto Businesses
"Derrick, I am unsure how to calculate this. I know with my real estate business, my focus with Return on investment (ROI) is based more on the amount that I put in. With a 20k house with a profit of 10k, numbers are good. Seeing a 50% return seems…"
Jan 23

Group Leader
Derrick Lopez commented on Derrick Lopez's group Auto Businesses
"Chris I found a market report that the Niada puts out that might have the info, but still need to go through it.  We should figure that out, any ideas?"
Jan 23
Chris Wood commented on Derrick Lopez's group Auto Businesses
"I was reading some of the past comments, did anyone figure out what the average return is that someone should be shooting for that wants to start a car lot? Does this depend on other factors like: overhead and area that you are selling? "
Jan 23
Chris Wood commented on Derrick Lopez's group Auto Businesses
"Hey guys just wanted you to know that I am out looking for my next car. And enjoying reading about others success.  @Russ Goddard Nice job on the finish."
Jan 23

Group Leader
Derrick Lopez commented on Jonathan Milligan's group Blogging Your Passion
"Thanks Marcy it makes total sense and I will use this advise.  Holly I read platform and liked it, I also checked out dales page and will order his book.  Thank you"
Jan 23

Profile Information

How did you hear about 48Days.NET, and what do you hope to get out of being a part of this community?
I heard about 48 Days from Dave Ramsey. My hope is that I will be around people that will help me grow as a leader, business owner, and overall person. Hopefully as I grow and learn I can help others grow through my experiences.
What is your current work situation? Employee, self-employed, generating any income on your own?
I am still a full time employee in the IT world, but now I can finally say I am also a business owner. I have now owned and operated a used car dealership for a little over a year and a half and truly love the business.
And then...what is your goal/dream for your work life?
I own and operate an used car dealership with a mechanic and detail section full time. I have an online platform that makes us the go to people when looking for a used car.
How about your personal life? Any specific goals or achievements or dreams you are pursuing (or want to pursue)?
- I currently own a two family home with my wife and 2 kids. My youngest just recently started school so my wife has decided to pursue her life long dream of learning cosmetology (paying with cash - Thanks Dave)

- We would like to move into a 1 family home with great public schools for the kids. Hopefully in 5 years I will be full time in my business and my wife would be starting her new salon. We hope to have businesses that our children would like to work at so we can have the entire family working together.

- As our business grows and allows us to allocate time as we see fit we would love start hosting more programs in church around improving our church peoples lives. Classes like FPU and 48Days
- Lastly a personal goal I set this year is to read the bible chronologically which I am well on my way of achiving
What would you say are your strongest talents? How are you 'wired' and what can you offer to the world (it's OK if you don't know yet, but knowing is key to pursuing your dreams!)?
- I am a quick thinker, I rarely find my self stuck in a situation that I can't find answers to. The answers are not always the correct ones, but I give it a try.
- I am not to concerned with the details, but more with the big picture. (My brother hates this as he is in IT as well and when he calls me to discuss details he knows I am almost never paying attention)
- I many times don't make decisions in advance which my wife hates. I can say yest to something and worry about it when we have to. Picking a restaurant becomes a big conversation in our family as I can wait till I am on the street with 20 of them in front of me and then say great lets eat Mexican, and the next second I would say hey that burger spot looks good lets go there. Very frustrating for people making plans with me, but hey it's how I am wired.
- I have a nickname in the group I am in, which is "rainbow and butterflies"because very little bothers me and I don't hold any grudges. I am the glass half full and try to see the good in all situations
Do you have a website presence anywhere?
If you have a product or service to promote (now or in the near future) this is your shot to state it! Say all you'd like:
We buy and sell cars..... Simple right - NO, I love looking for cars and can spend hours a day doing research on different cars which means you don't have to. If there is a car you need and we don't have it we can try our very hardest to get it. Now because of our very low overhead, and access to hundreds and thousands of auctions , dealers, and wholesalers we can bring a retail ready car at a private party price saving you time and money, yes I said it time and Money......

Derrick Lopez's Blog

Accounting / ERP Software

Posted on January 3, 2012 at 6:36am 1 Comment

Happy New year

I had all of the good intentions of writing all my goals out. I got as far as the scratch paper and never formally organized my goals and plans, but do plan on doing it this week. One of the goals I am working on is to formally organize my business accounting practices. I have been using excel and as tax…


I am Going Nuts.....

Posted on July 16, 2010 at 10:42am 2 Comments

So this journey of finding my passion has been exciting and frustrating all at the same time.

I took a close look at what I have been doing in the years I have spent on this earth and have determined I do want to be an entrepreneur. After reading books like E-Myth and No More Mondays I know I want to take a run at…


Financial counselor / Dave Ramsey

Posted on June 26, 2009 at 11:24am 2 Comments

Has anyone started a business teaching Dave's stuff?
I have pulled my self out of debt with his teachings and love his way. I have introduced his stuff to so many people and feel it's a big blessing, but I don't know how to go about turning this passion I have for this stuff into income. Any thoughts?

Comment Wall (3 comments)

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At 7:49pm on December 15, 2008, Mike Estes said…
Welcome to 48Days.net - glad you are a part of the community! If I can be of any assistance, please let me know. While you are looking around, there are a few groups that you might be interested in joining:

Master Plan - Create and implement a strategic blueprint for your biz!
Born To Win In Sales - Need more sales or clients? This is the place for you!
Reinventing Your Business - How to THRIVE in today's economy!

Carpe diem!

At 8:07am on December 15, 2008,
Group Leader
Kent Julian
Just noticed you joined 48Days.net -- WELCOME! So glad you became a member. And FYI, your goal/dream is very doable. Be sure to check out my website...lots of info to help you accordingly.
Live it forward,
Kent Julian

Check out the following groups hosted on 48Days.net:
* Speak It Forward -- REAL Success and Profit for Speakers!
* Write It Forward -- REAL Success and Profit for Writers!
* Inside Out Youth Worker -- THE network site for youth worker (both youth pastors and volunteer youth leaders) who strive to live and lead from the "inside out."
At 7:08am on December 15, 2008,
Group Leader
Jay Peroni
I noticed you just became a member of 48days.net! Welcome to the community! I'm glad you joined!

Here' s a gift for you: You can download The Faith-Based Millionaire for free at: (www.jayperoni.com)

Also, check out the following group hosted on 48Days.net:
* Faith-Based Millionaires in the Making (the #1 Group on 48days.net), dedicated to those who want to incorporate their faith into their finances and business! We'd love to have you! Delete Comment


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