This week’s key takeaway:
Colin Edwards’ 3 rules for business success
Episode intro:
What a fascinating guest we have on the show this week. At the age of 82, Colin Edwards has to be the oldest guest we have interviewed. The main man at GPI is one of the biggest entrepreneurs in the industry, having built up the firm for 45 whole years!
As Colin says, “I still don’t feel any differently about my business today”… but how does he stay motivated after all this time? And what did he do to build up his empire from 2 employees to over 200? Listen to the show to find out.
In this week’s episode you will learn:
-How Colin moved from selling cuff links and ties to the automotive business
-Colin’s biggest failure
-How Colin started out in 1978 as an OEM
-The importance of diversification
-How Colin coped with the AUD crash
-How Colin built up his company from 2 people to 200
-The difficulty of hiring a workforce
-Why high stock levels were an advantage this year
-The influence of China
-How Colin stays motivated
Show links:
** Find Colin on Linkedin: https://www.linkedin.com/in/colin-edwards-a432b321/?originalSubdomain=au
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