Wisdom of the Profit Podcast

Wisdom of the Profit Podcast


WotP 008 - Athans Motors (AutoMatch USA)

July 08, 2014
“The Profit” – Season 2, Episode 1 – Athans Motors (AutoMatch USA)

In this episode of the Wisdom of the Profit Podcast, we examine Marcus Lemonis’ investment in flailing used car business Athans Motors.  Athans Motors (re-branded by Marcus as AutoMatch USA)  had a whole host of problems, not the least of which was a lack of affordable cars on the lot.  Owner Pete Athans was deeply in debt to friends and family, and his micro-managing was hard on employees and lethal to the business.


Listen to this episode of the podcast and learn some valuable lessons about the importance of knowing your customers and not letting emotions interfere with logic when it comes to making business decisions.


 


Quote of the Week

I would definitely say I’m a control freak, especially when I’m writing the checks.


— Marcus Lemonis, “The Profit”


 


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Watch The Profit Season 2, Episode 1 – Athans Motors:

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