Don’t Get Down On Yourself

Posted on November 1, 1990 by Scott Fletcher, LCT Editor/Publisher

I recently overheard two unshaven shabby dressed men on a bus bench commiserating about hard times. In a comforting tone, one said to the other, “Don’t get down on yourself.” It was as poignant an exchange as I have over heard and I pass it along as sound advice for livery operators in a slow economy.

According to the National Bureau of Economic Research, the United States emerged from its last recession in November 1982. White we’re not officially back in a recession at the moment, the economy is sluggish thus far in the fourth quarter of 1990 and so is the limousine business. In our seven years of publication, we have never heard so many operators complain that business is soft.

Fortunately, hard times can be good times for those who run an efficient limousine company. Your tight ship should sail smoother than those dinghies in your waters. And even though the limousine market may not be expanding, you can still capture business from less able competitors.

One danger during a soft economy is that some efforts to control costs during lean times can come back to haunt a company in the long run. The temptation to run an extra couple thousand miles between oil changes is one example. One of the most successful operators in Chicago changes the oil in every vehicle once a week whether business is up or down. That is the wisdom of nearly 20 years in the business.

Another temptation is to hold on to vehicles an extra year rather than follow the normal replacement cycle. That same Chicago operator continues to replace his stretches every 24 months whether the economy is hard or soft. And he buys high quality limousines having learned over the years that his customers know the difference.

After the test recession ended, there was a two-year boom in the limousine business. The number of limousine services doubled… as did limousine production. White waiting for the upturn, we encourage operators to maintain the highest possible standards in service and vehicles. Short term compromises that hurt your reputation will make your job that much harder when growth opportunities return.

View comments or post a comment on this story. (0 Comments)

More News

Hobnob With LCT Editors At LCT-NLA East Show

The three-day event offers ample time for attendees to introduce themselves, discuss their companies, and talk about important industry matters.

Charges Dropped Against Chauffeur In N.Y. Crash

Carlos Pino was indicted in March on four counts of criminally negligent homicide, four counts of assault, reckless driving, and other crimes.

Techie Invests In Tesla Limo Service

The company has saved more than 11,888 gallons of gas and 110 tons of carbon dioxide in its nearly 217,480 miles of travel so far.

Arizona Operator Knows Quality Affiliations Take Time

The Driver Provider’s Mary Beall dishes out some valuable advice for building strong affiliate relationships.

NLA Supports, Celebrates Charities At LCT East

Early bird and group discounts end today, so don’t miss your chance to attend this event at the show!

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

See More

See More

See More

LCT Store

LCT Magazine - October 2016 $12.95 COVER STORY: * Leverage Tech To Levitate Your Operations * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close