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Four Ways to Generate Income Using ESBI with Gerry Frank [RR 587]
Episode 58710th November 2020 • Remarkable Results Radio Podcast • Carm Capriotto, AAP
00:00:00 00:25:32

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Gerry Frank has over 30 years of experience as an independent shop owner. And he, along with his wife Laura, have a current location in the Cleveland market, where their business continues to thrive regardless of the economic environment. Gerry was featured in a Ratchet & Wrench article, where he, along with his business partner, laid out how they grew an abandoned shop in one of the poorest city's in the nation from Zero to a Million dollars in sales in just 12 short months. Gerry is also a principal owner in Repair Shop Coach and is dedicated to helping shop owners achieve their dreams. Look for Gerry’s other episodes HERE.

Key Talking Points:

  • Entrepreneurship is a journey
  • 4 stages business go through- quadrantE- employee
  • S- self employed
  • B- business owner
  • I- investor 
  • Employee- “technician phase”Start off working for someone
  • Income is capped
  • Self employed- lack of control Do you own the business or does the business own you? 
  • Doing it all in business
  • Strategy is to have more customers, do more work but it leaves you more buried
  • Business owner- lead people and develop systems and processesBuilding efficient machine whether you are there are not 
  • When you are a leader, you are a trainer 
  • Taking the time to really think 
  • Delegating and inspect what you expect
  • Investor- putting your money into something that consistently produces a return


  • Thanks to Gerry Frank for his contribution to the aftermarket’s premier podcast.
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