Marcus Lemonis Finds Himself in Crazyland: WorldWide Trailer Sales

This one could have been an interesting case study when you recall that our hero is a self-proclaimed “car guy.” Sadly, it falls strictly into the entertainment category. You can rest assured that Marcus’s screening process intentionally selects a few guaranteed train wrecks just to keep the audience happy. The popcorn lady episode was another one of these as well as Maarse florists. I know from my own traffic logs that the train wrecks are the most popular searches even though they tend to offer the least in terms of business lessons.

Marcus must have known going in that WorldWide Trailer Sales was a hopeless situation because of the people involved. You don’t just talk to people once before committing to bring over with a full production unit to tape a one hour show.

The two big business issues with WorldWide Trailer Sales were the inefficient manufacturing process being split between two locations hundreds of miles apart and the lack of proper accounting. Splitting the manufacturing like that for no other reason than the convenience of an owner was a dumb decision. If you really don’t want to live in the place where the business is situated hire a professional manager to run it for you and have her or him send you weekly reports if not daily. Even then you need to tour the site at least monthly to determine if there are any problems the accounting system doesn’t identify, such as personnel issues.

The two partners also didn’t even know what their earnings were. $400K or $200K? Or was it $400k with half siphoned off by one partner? When I was working as a business broker it never ceased to amaze me just how many long term business owners didn’t have a handle on how well or badly they were doing financially. If you are buying small businesses and have a basic understanding of accounting, including how to read financial reports, you will tower over sellers. They will look upon you as a mini-Warren Buffett.

In closing, I’ll just share one of the best insights into human nature that I’ve come across: When it comes to people what you see is what you get. Don’t try or expect to save someone from themselves by getting them to change. They won’t. Just assume that they will always be the way that they are and then ask yourself if you really want them in your life. Why the two owners remain in such a toxic relationship is beyond me.

Frankly, I am amazed that Marcus invested so much time on this. But then it’s all about the ratings, isn’t it.

Watch the episode online. This is even crazier than the popcorn episode.

Do you have what it takes to be the next Marcus Lemonis?

WorldWideTrailer

Then after I [bleep!] punched him out and scratched every [bleep!] panel on his [bleep!] $50K Viper with a [bleep!] pitchfork, I burned his [bleep!] house down. You see Marcus, a lady has to be clear about where she draws the [bleep!] line.

26 Responses to The Profit: Marcus Lemonis and WorldWide Trailer Sales

  • Hell hath no fury like a woman scorned. LOL

  • Ladies should know by now that that cave-girl stuff won’t win faire lad’s heart anymore.

  • I do understand the producers wanting some episodes to be business deal busts for entertainment purposes, however, I wish I had seen this train wreck coming before I was half through the episode. I do have better things to do (root canal surgery is one!).

    Neither one of these “partners” were angels, but rather were in a sense, quite sad. Personal as well as business decisions they made were poor.

  • That crazyass chick is real life bunny burner. See the old Michael Douglas classic about the dude who has an affair with a loon played by Meryl Streep. It’s a shame we never found out what Marcus’ plan was for world wide trailer .

    • Yes, That female part owner of World wide Trailer Nancy is very disturbingly psychotic and even to the point of being a danger to others….not only to her ex, but also including innocent bystanders. She even claimed to be “85 different people” in the episode, besides suffering from a number of other major delusions.

    • I think you are referring to Fatal Attraction played by Glenn Close. I thought of this movie too.

    • The psycho who Michael Douglas’ character hooked up with in “Fatal Attraction” was played by Glenn Close, not Meryl Streep.

  • Nancy Pappas can kiss her career good-bye. After this episode none of the employees can have any respect for her. When everyone at your company thinks that you are a certified nut it’s time to leave. You can’t stay anymore. Only god know what Thomas Etheridge did in the past but he does come across as the sane one.

  • Actually, I think these train wreck episodes are as instructive about business as the success stories. Most career failures are not due to a lack of technical skills. Most business failures are not primarily failures of strategy. Rather, people get fired because of their failure to work productively with others, and businesses fail because of personality quirks. The sorts of narcissism featured in many of these episodes are not rare in the annals of bankrupt ventures, and I think that’s one of the things to take away: take the measure of people you intend to partner with, and, if you have enough self-awareness, take your own measure. Entitlement, the need to be right, and even a sense of superiority can be signs that you need to either adjust your attitude or decide to be someone else’s employee. You’re not going to have a clear path to successful entrepreneurship.

  • I have watched it twice unfortunately. I had to because my instructor is requiring a 4 page minimum report and swot analysis for my final exam in my Principles of Management class. It is a very sad situation that the owners cant see past their personal situation enough to put the business first. The last thing they should be doing is running that business together. Marcus could have talked some since into Tom, I think if he had been the sole owner, but Nancy is a different story. I think most of the reason she hangs on to the business is so she can continue to afford her current lifestyle and throw Tom’s mistakes in his face every chance she gets, totally unprofessional. She needs therapy. He needs to do whatever possible to buy her out.

  • I liked Nancy!

  • I guess no one watched the recap episode. WorldWide Trailers is stronger than ever and even Marcus admits it’s a turnaround story. We build a fantastic product. Build food relief trailers for the government…foreign and domestic. Employ over 25 people. Pay for our employees health insurance. Pay our taxes. Pay workers comp and offer competitive wages. Everyone at WorldWide including Nancy are all working hard to make this a very successful company not only for ourselves but for our customer too. Thank you again Marcus.

    Tom Etheridge

    • The problem was never the company itself or the products. It was the crazy lady.

    • Tom, thanks for the update. I watched this on a plane last night and really wanted to know what happened. I’ll have to check the recap.

      It seems you guys make a great product but needed to sort a few things out to become more profitable! I wonder how all this was set up as Nancy really has some issues she can’t let go of. I hope she has sorted this out now for the sake of everyone! Good to hear everything is going well for the company.

      • Hey Rob. Thank you for your comments. Yes everything’s going well. Nancy and I have been working together to move our company forward. We’re actually adding an addition to our current facility as I write this reply…moving our cabinet department into it’s own building. We’re even thinking of going public in the next year or two. We have a great company and a great product. Stay in touch and I’ll keep you posted on our progress. Thanks again and have a great day!

        Tom Etheridge

  • this episode looked like it was quite fake. really brings the whole believability of the series into question.

    they can edit this shid any way they want. looks like the couple were auditioning for lizard lick towing.

  • Some women that were once cute and attractive when they were younger, don’t realize as they get older they are no longer either; but somehow, they keep acting this way even though they are middle age and now at least 90 lbs overweight. Where does this come from? She kept hitting on Marcus and comes exactly from that. Lady, you can’t win women over any more based on how you look. Those days are loooooooooooong gone for you.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your First 100 Million

I am ready to build something great. Where do I start? Right here.

Your First Million

Not ready yet for the big leagues? Then go work on your first million instead. Click here.

Send Me More Info

Tell me more about how I can grow my business faster with acquisitions. Click here.

Categories

Protected by Copyscape Duplicate Content Check