A decade ago, Vinny Vassallo was a laid-off factory manager.
Today, the entrepreneur from Eagan is tooling around in a $90,000 Tesla electric car. He may buy another one this year.
Just don't think Vassallo, 60, is on easy street. He still works up to seven days a week as chief chauffeur and owner of six-vehicle Vincent Limousine. And he pays himself a $60,000 salary, far less than the job he lost in 2004.
"But this is my business, and this is fun," said Vassallo. "I mostly have worked physically hard jobs. Delivering papers, ironworker and at the factory. This isn't hard work. And I like to meet people."
Vassallo grew up in New York and moved to the Twin Cities in 1973 after a hitch in the Navy. A longtime floor worker at what is now the Gerdau Steel plant in St. Paul, Vassallo was hired in 1998 by a young MTS Systems executive named Brad Cleveland as a welding technician at a subsidiary called AeroMet that made titanium parts.
Vassallo rose to plant manager, making $100,000 a year in 2003. However, MTS decided to shut down the operation with about a year's notice to employees.
Vassallo thought about office work. He'd done well studying accounting in night school, but knew he wouldn't enjoy sitting at a desk.
"One day, I saw a guy in a suit standing next to a limousine," Vassallo recalled. "I thought, 'I could do that.' "