FRESH From Rob Video Library

FRESH from Rob Webinar, Part 1
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FRESH from Rob Webinar, Part 1

Misc Financial Discussion

    • Cash vs Accrual Accounting
    • Quarterly Action Plan
    • We must Celebrate our Success
    • Don’t be the unpleasable father
    • When is enough – enough?
    • Business metrics
    • Effective labor rate
    • Gross Profit Dollars per billed hour
  • PPP money
  • General Q and A Session

 

FRESH from Rob Webinar, Part 2
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FRESH from Rob Webinar, Part 2

Exposure Creates Belief!

Keywords to listen for:

  1. Gravity
  2. Garbage
  3. Police
  4. Free > $500 > $27K story
  5. Bookstore Addiction
  6. Reliable
  7. Plus many more

 

FRESH from Rob Webinar, Part 3
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FRESH from Rob Webinar, Part 3

Both massive and minor problems could contribute to your lack of business

  • Penetration report reviewed
  • Budget for direct mail
  • My Shop Manager texting
  • VA Virtual Assistant
  • https://www.upwork.com – hear the rations
  • 70/30 and 60/40 discussions
  • How your staff is answering the phone could be your BIGGEST problem!

 

FRESH from Rob Webinar, Part 4
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FRESH from Rob Webinar, Part 4

TEN Personal Development areas of your life

  • “Let’s Talk About It” section of each chapter of Addicted to Life – Rob suggested to read and review one chapter per day
  • “Keep your side of the street clean” saying shared by Rob
  • “A” Time
  • Recurring task list

 

FRESH from Rob Webinar, Part 5
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FRESH from Rob Webinar, Part 5

Rob’s Exploring of Financial IQ

Items discussed:

  • Advantages you have
  • RO Equity
  • RO Cash
  • End-Game Planning
  • Critical Mass Diagram
  • Financial IQ Defined below:
    • Is a measure of how well you do with money
    • Having a high financial IQ doesn’t mean that your investments outperform the market.
    • Rather it means you handle money responsibly
    • You make smart money decisions

 

FRESH from Rob Webinar, Part 6
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FRESH from Rob Webinar, Part 6

Auto Repair Shops and Shop Acquisition

Items discussed:

  • Anatomy of a Shop Acquisition (Momentum Play or Repositioning Play)
  • TIBA Deal Formula (Terms, Interest and Payment, Balloon when and amount, amount to pay out)
  • Existing shop inheritance list
  • Anatomy of a successful Auto Repair Shop: 4 Key Items Car Count, Tech Average Quote, Closing Ratio
  • TAQ (Tech-Average-Quote)
  • Monthly Dashboard Review