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Navigating the Auto Repair Industry: Insights from a Successful Entrepreneur Part 1.
Local Talent
55 minutes
2 years ago
Navigating the Auto Repair Industry: Insights from a Successful Entrepreneur Part 1.
Local Talent: The Entrepreneur’s Handbook Podcast - Episode #30-Part1
The auto repair industry has changed dramatically over the last few years which means that if you own an auto repair business, you’ve had to stay nimble and smart just to keep the business going. On this episode of the Local Talent podcast, host Jason hands the mic over to the owner of a successful local chain of auto repair shops, Mark Roberts, to find out the entrepreneurial decisions he made that have helped him to survive and thrive. Mark tracks his journey into launching his own business, which has several twists and turns along the way. He explains how he kept the business afloat during the economic crash in 2008 and 2009 and how he pivoted into mechanical services. Mark and Jason chat about the best way to market your new local business and how online reviews can be a double-edged sword for small businesses. This episode also has plenty of car chat, with Mark telling Jason what car he drives and what kind of repairs he offers at the shop. You’ll also hear Mark’s professional opinion on whether you need to extend your car’s warranty! This episode is the first in a two-part special, and you won’t want to miss the second part! Subscribe to the Local Talent podcast and YouTube channel to have the second installment of the episode delivered straight to you.
The auto repair industry has changed dramatically over the last few years which means that if you own an auto repair business, you’ve had to stay nimble and smart just to keep the business going. On this episode of the Local Talent podcast, host Jason hands the mike over to the owner of a successful local chain of auto repair shops, Mark Roberts, to find out the entrepreneurial decisions he made that have helped him to survive and thrive. Mark tracks his journey into launching his own business, which has several twists and turns along the way. He explains how he kept the business afloat during the economic crash in 2008 and 2009 and how he pivoted into mechanical services. Mark and Jason chat about the best way to market your new local business and how online reviews can be a double-edged sword for small businesses. This episode also has plenty of car chat, with Mark telling Jason what car he drives and what kind of repairs he offers at the shop. You’ll also hear Mark’s professional opinion on whether you need to extend your car’s warranty! This episode is the first in a two-part special, and you won’t want to miss the second part! Subscribe to the Local Talent podcast and YouTube channel to have the second installment of the episode delivered straight to you.
Timestamps [0:00] Intro [0:50] Welcome to the podcast Mark! Mark gives his elevator pitch [4:15] What’s an expert? Mark weighs in [5:05] Mark’s legal struggles with his franchise business [8:58] Getting back to work [11:34] What’s it like to open your first auto shop? [12:32] “We’d always had 15%, 20% year-over-year growth”... until the financial crash [15:11] Why Mark switched into the mechanic business [19:10] The tech you need to run a successful auto shop [20:40] Expanding the business into New Braunfels [25:20] Doing the math on building costs [29:29] Social media, mail, SEO: How do you market an auto business? [32:19] How should you structure your company? [35:42] “Reviews”: Mark’s most useful business tool [40:54] A typical customer profile at Mark’s different business locations [42:55] And what car does an auto repair guy drive? [45:16] Mark breaks down his pricing practices [48:58] The easiest and most complicated repairs Mark performs in his shops [50:09] So… Do you really need to extend your car’s warranty?? [53:35] Why Mark spends more time on...