#135 Taking a 100-Year-Old Dealer Group to New Heights—Risks, Challenges, and Future Vision | Liza Borches, CEO of Carter Myers Automotive
Welcome to the Car Dealership Guy Podcast! In this episode, I sit down with Liza Borches, CEO of Carter Myers Automotive. We dive into the bold risks that have shaped her century-old dealership group, her innovative approach to empowering employees with partial ownership, her biggest wins, regrets, and much more.
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Topics:
(00:00:00) - Intro
(00:02:56) - Liza’s background and career
(00:13:03) - How have you changed operating principles?
(00:16:31) - Offering equity to GMs
(00:21:00) - What is your ESOP comprised of?
(00:22:49) - What has your growth trajectory looked like?
(00:28:22) - What mistakes have you made along the way?
(00:33:20) - What are the core competencies at your stores?
(00:35:32) - centralized vs. decentralized
(00:39:29) - How are you future-proofing your business?
(00:49:24) - Is the OEM the friend of the dealer?
(00:52:53) - What is top of mind for you these days?
(00:59:17) - How do you stay educated in the industry?
(01:06:10) - What’s your outlook for the industry?
(01:12:44) - Closing thoughts
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Information
- Show
- FrequencyUpdated Weekly
- PublishedNovember 12, 2024 at 10:00 AM UTC
- Length1h 14m
- Season1
- Episode135
- RatingClean