CAOA Group was not always as big as it is today. With an ongoing US$ 2 billion investment in Chery is set to be spread out over the next 5, years, this is just the latest of its success stories that have been told to us over the last few decades.
In addition to ranking first place in Sales Satisfaction Index and Customer Service Index by J.D. Power, its success with Chery was preceded by bringing Hyundai to Brazil and starting the first Hyundai factory in South America. This factory is strategically located in the Brazilian state of Goiás and also exports vehicles to neighboring South American countries.
The amazing success of Hyundai in Brazil was actually the second Asian automaker success story with the CAOA Group led by its founder, Carlos Alberto de Oliveira Andrade. Hyundai imported cars became successful in Brazil when CAOA began their operation in 1999, but a year earlier, CAOA had already started importing Asian cars with the Japanese Subaru.
Carlos Alberto de Oliveira Andrade’s CAOA Group actually started importing Renault vehicles in 1992 and enjoyed 3 years of success before Renault built their factory in Brazil and took back their sales in 1995. This setback would have forced some to give up, but Carlos Alberto de Oliveira Andrade focused on the Asian market and the mission of bringing their cars to Brazil himself. This shows us that Carlos Alberto de Oliveira Andrade was able to use the Renault experience as a lesson learned and became an automaker in Brazil with present Hyundai and Chery production in Brazil under CAOA’s management.
This drive for success and not accepting defeat was the core characteristic that allowed Carlos Alberto de Oliveira Andrade to develop CAOA. The group was founded when Carlos Alberto de Oliveira Andrade bought a Ford Landau from the Ford Dealership in Campina Grande, PB – Brazil in 1979, but never received the vehicle. Carlos Alberto de Oliveira Andrade requested that the bankrupt dealership give him the rights to the Ford dealership instead of the vehicle, which was accepted. With the rights to the Ford dealership, Carlos Alberto de Oliveira Andrade was starting his empire with Ford vehicles in Brazil and by 1985, CAOA had become the greatest Ford retailer in all of Latin America.
More info: http://www.consultarcep.com.br/sp/osasco/santo-antonio/praca-carlos-alberto-de-oliveira-andrade/06132285
For someone just jumping into the world of business, primarily entrepreneurship, it can be quite daunting. Not knowing where to start, how to achieve success, and everything in between can be a rocky road to travel without the advice and guidance of a mentor. 25 year real estate investor and entrepreneur, Jim Toner has plenty of good advice to give. He has struggled through the ups and downs of business, but never gave up.
When it comes to the economy and real estate market people have been through it all recently. They have lost their retirement, savings, and houses due to some misguided information. Jim Toner (@thejimtoner) believes that times are changing and there will be economic growth in the next five years. He encourages people to pick themselves up again, dust themselves off, and start anew. Don’t let these past experiences impede you possibilities for financial growth and success in the next couple of years. Take the bull by the horn. Here are some pearls of wisdom from the successful entrepreneur himself.
The first piece of advice is to stay positive. Your outlook on life an business is everything. It determines whether you will be successful or not. Seeing opportunities in the market, opposed to lack there of, will better your chances. Don’t get defeated on the small things and keep going! In this vein of though, surround yourself with like-minded people. These include positive, driven, talented folks that you can learn a lot from. It will also push you to grow as a person for the better.
According to Medium.com, to be successful, you have to work hard. This is no new theory. You have to put in the time, effort, money, and sweat to make your dreams come true. Get yourself in optimal condition to perform your best. Take care of your mind, body, and spirit so you can thrive. This includes going physical exercise each day to stay fit. Eat a healthy, well balanced diet so you can feel clear and ready for action. The last part is to keep your mind healthy. This may be seen as not as important, but it truly needs to be addressed. Read, take time to relax, and stay tuned into yourself so you can live in a balanced way. If you burn yourself out on work, then you will not be able to continue. Also, remember to laugh and not take things too seriously. It will all work out. The last pearl of advice from Jim Toner is to take on habits that successful people do. Some of these things include waking up early, chance your dreams no matter the challenges, and read a lot. Use your time very wisely, and do not waste your time on unnecessary activities.
Follow Jim on Facebook: https://www.facebook.com/public/Jim-Toner