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Repair Shop Growth in the Age of Electric Vehicles and Advanced Diagnostics with Dan Thieken
Manage episode 417731297 series 3473140
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In this episode, Jimmy Purdy and Dan Thieken discuss the complexities of managing and growing an automotive repair shop. Dan shares his experiences and challenges with business ownership, stating the importance of appropriate pricing and capital management. Jimmy discusses the evolutionary journey of his auto shop, highlighting his strategic shift from tires to full-service offerings and the critical role of seizing market opportunities.
00:00 Power sports tuning big with community support.
05:44 Interest in tires but focus on profitability.
11:46 Concerns about equipment purchase and financial impact.
20:49 Efficiently breaking down tasks in automotive services.
25:16 Felt the need to make more money.
31:55 Multiple shops' positive experience with client transition.
35:47 An experienced guy reflects on business challenges.
39:16 Opportunities must be seized to avoid mistakes.
44:08 Unique cutthroat market, limited communication with others.
51:13 Rapid development causes concern about the community's future.
57:28 Research instructors before attending classes; seek advice.
01:02:52 Challenging to motivate others without being salesy.
01:04:03 Technicians and shop owners embrace industry change.
Thanks to our sponsor, Shop Boss! See how they can simplify your auto shop HERE
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