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Don't get to the end of this year wishing you had taken action to change your business and your life.
Click here to schedule a free discovery call for your business: https://geni.us/IFORABE
Don't miss an upcoming event with The Institute: https://geni.us/InstituteEvents2026
Shop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.
Click here to schedule a free demo: https://info.shop-ware.com/profitability
Transform your shop's marketing with the best in the automotive industry, Shop Marketing Pros!
Get a free audit of your shop's current marketing by clicking here: https://geni.us/ShopMarketingPros
Shop owners, are you ready to simplify your business operations? Meet 360 Payments, your one-stop solution for effortless payment processing.
Imagine this—no more juggling receipts, staplers, or endless paperwork. With 360 Payments, you get everything integrated into a single, sleek digital platform.
Simplify payments. Streamline operations. Check out 360payments.com today!
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
By David Roman & Lucas Underwood4.7
7878 ratings
Don't get to the end of this year wishing you had taken action to change your business and your life.
Click here to schedule a free discovery call for your business: https://geni.us/IFORABE
Don't miss an upcoming event with The Institute: https://geni.us/InstituteEvents2026
Shop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.
Click here to schedule a free demo: https://info.shop-ware.com/profitability
Transform your shop's marketing with the best in the automotive industry, Shop Marketing Pros!
Get a free audit of your shop's current marketing by clicking here: https://geni.us/ShopMarketingPros
Shop owners, are you ready to simplify your business operations? Meet 360 Payments, your one-stop solution for effortless payment processing.
Imagine this—no more juggling receipts, staplers, or endless paperwork. With 360 Payments, you get everything integrated into a single, sleek digital platform.
Simplify payments. Streamline operations. Check out 360payments.com today!
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

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