Changing The Industry Podcast

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In this episode, Lucas and David are joined by Dan Thieken and Mason Weeks to discuss the challenges and triumphs of running an independent automotive shop. Mason shares his journey of starting, closing, and reviving his shop, highlighting the pitfalls of expanding too quickly and the importance of learning financial fundamentals. The group explores actionable strategies, such as raising prices, implementing inspection processes, and leveraging the 300% rule, to maximize profitability and shop efficiency.

00:00 Unscheduled Meetings Discussion
08:39 Failed Landing Flare Technique
12:57 Mike's Bland Humor
21:29 "Young Entrepreneur Leases Local Shop"
22:52 Regrets of Expanding Too Soon
27:09 Generosity's Financial Consequences
36:23 "Follow 300% Inspection Rule"
42:37 Car Repair: Safety and Responsibility
45:24 Boutique Auto Service Pricing Strategy
52:47 Importance of Providing Repair Estimates
54:26 Mechanic's Duty to Ensure Safety
01:01:02 Smart Investment in Custom Package
01:04:53 Bought Scanner for Versatility
01:11:18 Faulty Charger Sparks Gas Hazard

What is Changing The Industry Podcast?

This podcast is dedicated to changing the automotive industry for the better, one conversation at a time.

Whether you're a technician, vendor, business owner, or car enthusiast, we hope to inspire you to improve for your customers, your careers, your businesses, and your families.