142 Focus on Serving with Larry Sutton from RNR Tire Express

This is one of the most enjoyable interviews I have been a part of.

Larry Sutton started out with a traditional rent to own business.  Once he sold it he took an early retirement to play golf all the time.  After a year, Larry got bored. What he was missing was the interaction with people and watching them grow and growing himself.  

 

He kind of fell into the franchising business.  Currently, RNR Tire Express is experiencing organic growth with 24 franchisees operating over 110 locations.  Each store averages about $1.6 million in sales annually, with the top 20 hitting nearly $2 million. The brand has grown to $130M since beginning to franchise in 2003.

You’ll discover:

 

• The balance between who you need to be and being open to new ideas
• The importance of allowing the creation of a beta site for new ideas
• How to make employees feel like they are working with you and not just for you
• The best ideas come from the field and not the boardroom
• To hold people accountable by asking them to bring 3 solutions along with any problem
• Mistakes are some of the most valuable experiences in life
• The magic of jointly creating a “stretch” bonus

 

Larry jokes “somebody once told me, if you ever want to be a success, just hire people who are smarter than you, to which he replied, Ma’am, that’s going to be easy, I’m from Oklahoma.”

For more information about RNR Tire Express and Larry Sutton:

RNR Tire Express website
RNR Tire Express on Facebook
Larry Sutton on LinkedIn
Businesses That Care on C-Suite Radio
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