Ep 10 – Matt Lofton w/ Elite Worldwide – Coaching Call #2
Episode 10

Ep 10 – Matt Lofton w/ Elite Worldwide – Coaching Call #2

Published: Feb 14, 2025

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When it comes to shop management systems, in my opinion, you have only one smart choice. Tekmetric. So be smart. And use Tekmetric. You’ll thank me later. Learn more HERE

Today, you’ll get a glimpse into what a coaching call with Elite Worldwide can look like. That’s because Mike and Matt sit down for a coaching call about one of Mike’s shops. They go over how to mix personal goals and professional ambitions and strategies for increasing efficiency and revenue at the shop.

00:00 Aligning Goals with Action Plan

06:29 Aligning Personal and Business Goals

08:44 Aligning Team Goals with Personal Growth

12:58 Monetary Motivation in Work

16:11 Fixed Salary for Productivity

18:20 Calculating Effective Labor Costs

20:32 Understanding Technician Costs

24:15 Boosting Efficiency and Productivity

26:56 “Non-Conformity Why Statements”

32:56 Increasing Daily Revenue with Fewer Cars

36:15 TechMetric Performance Report Discussion

39:36 Improving Service Efficiency & Execution

42:15 “Understanding Business Purpose and Process”

45:45 Customer-Business-Employee Triangle Insight

49:09 Optimizing Advisor and Technician Goals

51:12 “Managing Ethics and Incentives”

Confessions of a Shop Owner is a behind-the-scenes look at what it really takes to run and grow a successful auto repair business, featuring honest conversations, lessons learned, and practical insights from experienced shop owners. Each episode covers real challenges, smart strategies, and the day-to-day realities of the industry to help you run a better shop.

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