Mike Davis - A Fire Ignited This Great Family Business Founded On Integrity And Community - a podcast by Shawn Hass & Dustin Leniuk
from 2020-03-09T16:00
::
::
A live interview with Mike Davis of the Davis Auto Group from the 2020 Tiffin Agricultural Conference.
In this episode, we talk about:
- A fire in Fort MacLeod brought Mike’s dad John home to start their entry into the auto business.
- The dynamic of working in the family business motivated Mike to work hard and ensure he wasn’t labelled the “entitled dealers son”
- All the brothers worked for many years in the business until they became managers and eventually shareholders
- Entry into other businesses varied from necessity to finding a great business partner who wanted to stay involved and grow with a like minded partner
- All the businesses have a partner or a future intent of having a owner on the ground in each community they operate.
- The groups 4 core values are teamwork - family - integrity - community
- Central services looks after all the accounting, IT, call center and HR/payroll for all the separate entities
- Dad’s mentor style was to lead by example and do what is right all the time, correction came if you strayed from the core values.
- Mike got paid a fair salary for the work he did in the company which as value he hopes to pass down to his kids of the 4th generation
- It wasn’t about drawing dividends, it was an intentional decision to take out less so they could grow and acquire more businesses over the years
- Do something you love and you’ll never be clock watcher
- https://www.davisautogroup.ca/
Make sure to subscribe to not miss out on upcoming episodes. For more information or to contact us, visit: www.hasswealth.com
Further episodes of Owners Circle
Further podcasts by Shawn Hass & Dustin Leniuk
Website of Shawn Hass & Dustin Leniuk