Show notes
In this episode, I'm speaking with Daniel Crainic, CEO of Time Auto GroupThis episode is brought to you by:CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships.Learn more @ https://www.cdkglobal.com/dealership-xperience-platformPodium - The lead conversion platform for car dealerships.Get 10% off your plan by texting “CarDealershipGuy” to (833) 441-1166 or visit www.podium.com/automotiveInterested in advertising with CarDealershipGuy? Drop us a line here.Interested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:02:43) - Daniel’s journey into the industry(00:07:55) - Growing from 1 to 7 lots(00:09:51) - Acquiring real estate(00:13:35) - Marketing tricks(00:15:04) - Financing through Tesla stock(00:19:00) - Balancing family and work(00:20:16) - Delegation(00:21:23) - Dan’s first acquisition & moving into the franchise model(00:29:32) - The turnaround playbook(00:31:01) - Mentors(00:34:37) - Incentivizing General Managers(00:36:41) - Creating wealth in this business(00:44:20) - Biggest challenges(00:47:08) - Rebates, acquiring inventory, and technology(00:54:39) - What are you bullish on in the industry(00:58:49) - How to get in touchCheck out Time Auto Group hereFollow Daniel on XEmail Dan at Daniel@TimeAuto.comCheck out the website for me and follow me on X @GuyDealership!This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.