Part 2/7:
The speaker initiated their car-flipping business with a focus on purchasing used cars, fixing them up, and reselling them for a profit. The first car mentioned in their flipping endeavors was an Elantra, which they invested $1,375 into and successfully sold for $5,200. This successful flip set the tone for their future endeavors, highlighting their skills as they tackled each vehicle methodically, making improvements to eventually maximize profit.