In this episode, we delve into the entrepreneurial journey of Jeff Loos, the innovative mind behind PSX, a company revolutionizing the power sports industry with advanced CRM and AI solutions. Jeff shares his insights on his humble beginnings, scaling businesses, the importance of a servant leadership culture, his approach to using AI for enhanced customer engagement, and the current and future landscape of the power sports industry. With a focus on the importance of genuine personal relationships in business and the utilization of cutting-edge technology, Jeff discusses his motivations, challenges, and vision for PSX Ascend as a transformative player in the market.
00:00 Introduction and Guest Welcome
01:16 Breaking the Ice: Quick Questions
06:31 Early Mentors and Influences
08:12 Jeff's Childhood and Upbringing
09:43 Educational Journey and Early Career
10:56 Transition to Automotive Industry
14:13 Scaling and Acquisitions
21:00 Starting Targeted Growth Strategies
26:18 Balancing Family and Work
26:38 Finding Hidden Opportunities in Companies
27:21 Creative Approaches to Business
27:39 The Importance of Communication in CRM
28:17 Innovative Marketing Strategies
28:44 Building Strong Customer Relationships
30:06 Challenges in the Automotive Space
31:12 Embracing Emerging Technologies
33:35 The Role of AI in Business
36:14 The Value of Bundled Solutions
45:23 Rebranding and Entering New Markets
55:24 Proud Partnerships and Team Excellence
55:52 Max Ops Collaboration and Market Insights
56:58 Addressing Dealership Challenges
58:12 Optimizing Technology and CRM
01:02:07 Vision for the Dealership Industry
01:05:15 Advice for Entrepreneurs
01:07:58 Future of the Industry and PSX's Role
01:17:00 Personal Relationships in Sales
01:19:30 Concluding Thoughts and Farewell
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