Episode 5
Mike Difato : An Entrepreneurial Journey from Pools, Boats, and Auto Repair
This episode features entrepreneur Mike Difato who shares his journey from working in medical sales and owning a pool service company to launching a successful chain of auto repair shops with his partners. We explore his strategic partnership with Eric, their first shop purchase, and the subsequent expansion to nine shops with plans for a tenth. The episode delves into the significance of learning from failures, the importance of strategic partnerships to grow fast, and how taking calculated risks can lead to substantial growth. Mike also discusses his side venture into boat repair, highlighting the unique challenges compared to auto repair. Throughout, insights into business growth, mentorship, and investment in staff development paint a comprehensive picture of their success. The conversation concludes with discussions on the importance of data analysis in business operations and Mike's motivation for coaching other entrepreneurs.
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