Don’t forget the ING

I know, I know, I’ve heard from ALL of you on the phone, emails, texts, Facebook and at dealer meetings: You are too busy this time of year! But to keep this thing called boat sales rolling for years to come, we need to remember to promote the “ING” in boating.

It’s easy when times are good to put off what got you back in the game when sales weren’t so plentiful. During those times, I watched dealers become good marketers and promoters of boating. Many of you found new ways of getting boaters involved in boating, whether it was thinking up a new trip or two for your boat club, adding another fishing tournament, or finding a spare weekend for Demo Days.

These events got your customers on the water and reconnected to their boats and families. Fortunately, a few prospects caught our beloved boating disease and made the jump. Imagine how those efforts would pay off today with customer confidence at an all-time high. But not if we’re too busy for the extra effort.

The dealers that formed the requirements for Certification knew that they needed to do more than just sell boats. They also needed to promote the lifestyle. So, they included requirements for a Certified dealer to have a CRM strategy and a process to keep improving it, as well as a list of customer activities and events to promote boating. The latter keep customers using their boats and move them to mingle with other owners. This gives them a chance to get reinfected with the disease, using their current boat more often or falling in love with one a foot or two larger.

This is especially important right now. It’s only a few days before the biggest weekend for boating. Have you promoted the best place to watch your local fireworks from a boat along with a few safety reminders? It’s not too late. A quick email will create a spark and inject the courage to pack up the family and watch the fireworks from the best place on earth: your own boat.

I’ve seen fireworks in New York, Washington, and at two Boy Scout National and World jamborees. The best fireworks experience is with my wife Carol, directly overhead our boat, with an unobstructed view, my own head, and booms that shake the T-top.

I hope your customers don’t miss a memorable 4th of July event on their boats. Hopefully, it inspires them to think about an even bigger boat next year!

Wishing a Happy and Safe America’s Birthday to all our dealer friends and families!

Sincerely,
Your partners at MRAA

Author, Strategist Rory Vaden named 2017 MDCE Closing Keynote

MINNEAPOLIS, June 26, 2017 — Self-discipline strategist, author and business motivational speaker, Rory Vaden, has been named the Closing Keynote speaker for the 2017 Marine Dealer Conference & Expo.

Vaden, whose insights have been shared on Oprah radio, in Businessweek, and in SUCCESS Magazine, is the co-founder of Southwestern Consulting, a multi-million-dollar international training company.

Vaden’s presentation – “Leaders Take the Stairs: Creating a Culture of Discipline” – will conclude the 2017 MDCE on Dec. 13 at 3 p.m. During this high-energy closing keynote, attendees will learn practical steps for infusing their organization with a mentality of discipline. Vaden’s insights will help dealers develop stronger systems of accountability for measuring activity and results, critically evaluate every instance of customer spending, adopt and model an attitude of discipline, and more.

“From the conversations we have and the surveys we conduct, it’s clear that dealers are looking for better ways to hold themselves and their teams accountable,” explains Liz Walz, Vice President and Director of Education for the Marine Retailers Association of the Americas. “Not only will this presentation provide the insight dealers are seeking, but it will also offer simple strategies attendees can implement upon returning to their dealerships.”

Vaden’s book “Take the Stairs” is a No. 1 Wall Street Journal and USA Today best-seller. He is known as the world’s leader on defining the psychology around modern day procrastination. He speaks and consults on how to say “no” to the things that don’t matter, and “yes” to the things that do.

“We are very excited Rory Vaden will be joining us at the 2017 MDCE,” said Brianna Liestman, managing editor of Boating Industry. “His presentation will be the perfect way to cap off a week of learning and growth for dealers.”

The MDCE Closing Keynote, which is sponsored by Wells Fargo CDF, has been designed to provide motivation and tools to help MDCE’s attendees improve their focus and attention to all activities that drive results in their business.

The 2017 MDCE will be held at the Orange County Convention Center in Orlando, Fla., Dec. 10-13. Vaden’s closing keynote presentation will be preceded by two-and-a-half days of educational programs, networking opportunities and expo hall access. It is co-produced by Boating Industry and the Marine Retailers Association of the Americas.

About the Marine Dealer Conference & Expo
The marine industry’s only dealer-specific educational conference, MDCE offers an in-depth lineup of educational sessions, a full-featured expo hall and a series of fixed networking opportunities, all of which are designed to help marine dealers connect with and learn from others who can foster their success. MDCE is co-produced by MRAA and Boating Industry, and it features four Educational Tracks, Pre-Conference Workshops, Keynote Presentations, a Learning Lab, Dealer-to-Dealer Roundtable Discussions, and an Innovation Spotlight. For more information, visit MarineDealerConference.com.

About the Marine Retailers Association of the Americas
The Marine Retailers Association of the Americas has been delivering powerful educational programs for marine dealers since 1977. At the MRAA, the team of professionals believes that for the marine industry to thrive, the dealers on the front lines of the industry must first find success. So MRAA works to create a strong and healthy boating industry by providing dealers with tools, resources and educational programs, such as its annual conference, and by representing them with a powerful voice. For more information, visit MRAA.com.

About Boating Industry
Boating Industry is the leading trade magazine serving the marine industry. From award-winning editorial to awards programs including the Top 100 dealers program, Movers & Shakers, Top Products of the Year and more, Boating Industry serves all aspects of the marine industry. For more than 85 years, boating professionals have turned to Boating Industry for market intelligence, product updates, best practices and industry news. For more information, visit BoatingIndustry.com.

Tim Sanders named 2017 MDCE Opening Keynote

MINNEAPOLIS, June 21, 2017 — Best-selling author and noted innovation guru Tim Sanders has been named the Opening Keynote speaker for the 2017 Marine Dealer Conference & Expo.

Slated for Monday, Dec. 11, Sanders’ keynote presentation, titled “How Digital Can Supercharge Your Business,” will offer actionable advice on how to leverage customer media, inexpensive content, and targeted social ads to help dealers bring more clients through the door. Sanders will also share secrets on how to leverage social media marketing to attract new talent. His expertise includes advice on how to prioritize investments in Facebook, Instagram and LinkedIn, and how savvy dealers can employ social network pages to interact with and learn from customers.

“With the ever-evolving nature of digital technology, we believe the insights that Tim offers will provide our attendees with numerous tools to help them reduce costs, increase their customer base, and serve current customers better,” explains Liz Walz, MRAA vice president and director of education. “Tim will take an overwhelming topic and help our dealers not only stay on top of the changes, but also increase their understanding of how they can take advantage of the key opportunities technology presents.”

Sanders is known as an internet pioneer and New York Times best-selling author. He was on the ground floor of the quality movement, the launch of the mobile phone industry and, most notably, the birth of the World Wide Web. He was an early member of Mark Cuban and Todd Wagner’s broadcast.com, which had the largest opening day IPO in history. After Yahoo acquired the company, Sanders was tapped to lead their ValueLab, which enabled sales teams to close hundreds of millions of dollars of new business through rapid collaboration. In 2005, he founded Deeper Media, which provides consulting and training services for leading companies, trade associations and government agencies.

“We are happy to have someone with Sanders’s expertise at MDCE speaking on such an important topic,” said Brianna Liestman, managing editor at Boating Industry, which co-produces MDCE with MRAA. “It furthers our commitment to marine dealers to provide relevant, top-quality education that helps their businesses continue to grow into the future.”

The MDCE Opening Keynote, which is sponsored by Smoker Craft, Inc., has been designed to equip dealers with the tools to take advantage of this digital marketing opportunity, but will inspire attendees to apply the concepts to other areas of their business, as well.

The 2017 MDCE will be held at the Orange County Convention Center in Orlando, Fla., Dec. 10-13. Sanders’ keynote presentation will be preceded by MDCE’s popular Pre-Conference Workshops and the Marine Retailers Association of the Americas’ Annual Meeting & Special Presentation, the latter of which is open to all MDCE attendees.

About the Marine Dealer Conference & Expo
The marine industry’s only dealer-specific educational conference, MDCE offers an in-depth lineup of educational sessions, a full-featured expo hall and a series of fixed networking opportunities, all of which are designed to help marine dealers connect with and learn from others who can foster their success. MDCE is co-produced by MRAA and Boating Industry, and it features four Educational Tracks, Pre-Conference Workshops, Keynote Presentations, a Learning Lab, Dealer-to-Dealer Roundtable Discussions, and an Innovation Spotlight. For more information, visit MarineDealerConference.com.

About the Marine Retailers Association of the Americas
The Marine Retailers Association of the Americas has been delivering powerful educational programs for marine dealers since 1977. At the MRAA, the team of professionals believes that for the marine industry to thrive, the dealers on the front lines of the industry must first find success. So MRAA works to create a strong and healthy boating industry by providing dealers with tools, resources and educational programs, such as its annual conference, and by representing them with a powerful voice. For more information, visit MRAA.com.

About Boating Industry
Boating Industry is the leading trade magazine serving the marine industry. From award-winning editorial to awards programs including the Top 100 dealers program, Movers & Shakers, Top Products of the Year and more, Boating Industry serves all aspects of the marine industry. For more than 85 years, boating professionals have turned to Boating Industry for market intelligence, product updates, best practices and industry news. For more information, visit BoatingIndustry.com.

Member Spotlight: Jason Clemons

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A future at the family dealership wasn’t always the plan for this fourth-generation owner. Jason Clemons, of Clemons Boats, used to profess to everyone that he wanted nothing to do with the dealership. Now, Jason is offering not only the care and reliability his customers have come to expect, but he’s also taking Clemons Boats to new heights. We had a chance to ask Jason a few questions about the family business and how he is continues to create success for the dealership.


Q: You’re a fourth-generation owner. At what point did you know that you wanted the boat business to be your future?
Clemons: I don’t think I will have the response you expect here! I think I had the entrepreneurial spirit when I was young, but I also had a very strong sense of “Wanting to do something without help”. I loved trading football cards at an early age and used to sell my toys at school when I was a kid (Sorry Mom), so I always liked to sell and the thought of exchanging things of value for money always intrigued me. However, I actually used to profess to everyone that I wanted nothing to do with Clemons Boats, and that I would NEVER work there! This came from a strong will and a need to not want a hand out or help from anyone to accomplish what I wanted in life. I actually went to college to be a wildlife manager and only came to the business on a bribe from my dad. One day he told me what he thought I could make selling boats, and told me he thought I would be “good” at it. I was reluctant but desperate at the time and the bribe worked! The rest, as they say, is HISTORY! Once I got into sales and really grasped the family legacy we have with the business, a very strong sense of pride took over and there was no turning back. I would say somewhere in my mid 20’s is when the “lightbulb” went off. I now feel a strong sense of pride, and the success of the business and service to our customers is my duty, obligation, and responsibility.

Q: What are your fondest memories from growing up in the boat business?
Clemons: Most of my memories are revolved around fishing, as that was and still is a passion of mine. Obviously a perk of owning a boat dealership is access to boats and my childhood was full of boating. I used to go fishing with my father and his friends every Thursday when I was young, and it gave me a love for the water and fishing very early in life. By the time I was 5 I was allowed to run and dock the boat and enjoyed it very much. Shortly after that, Dad took in a trade and gave it to me to use on my own and myself and my friends spent countless summer days on the water in front of the dealership catching catfish and then coming in to run up dads account at Terrys Tavern! I have worked on and off at the dealership from a young age stacking blocks, mowing grass, moving trailer, parts, etc.

Q: Along with that, you have no doubt worked every job in the dealership. What part of the dealership fuels your passion?

Clemons: Sales is definitely where my passion lies, but I of course love it all. There is something special about getting families out on the water in their dream boat. We have people that have saved and planned their entire lives for a boat, and delivering that dream is most definitely the best part of our job. Selling and delivering the boats is by far the best part, we like to call it “Upgrading summers”.

Q: What on-the-job lessons would you say have shaped who you have become in your leadership role?
Clemons: The best on the job lessons for me as a Clemons has been the fact that my Grandfather and Dad have never given me anything for free. I have done most jobs at the dealership, and I was never given special treatment as a Clemons, I had to do the work and do it correct, just like everyone else. I also learned a ton during the downturn from my Dad between 2007-2010. As most dealers did, we experienced some hard times and I learned more about what a leader has to do than any other time in my career. I believe it has not only given me some skills on making hard decisions but also having compassion and taking sacrifices as an owner first, before anyone else.

Q: You’re a passionate guy who is very goal-oriented. And under your direction, the business has been accelerating. What piece of sales advice have you picked up that you would offer to an up-and-coming sales professional in today’s market?
Clemons: I could write a book on this, and maybe some day I will! If I had to give one piece of advice to a new sales professional, it would be simple: The most important sale you will ever make is to sell yourself. In order to do that, you need to train every day. EVERY DAY.

Q: What has been the most valuable advice given to you that’s helped you find success as the newest generation to run the business?
Clemons: Success leaves clues. Study successful people doing what you want, and model what they do. SO SIMPLE IN THEORY, so hard in application!

Q: With a young daughter at home, how long before she becomes the boss?

Clemons: I have two daughters, one 15 month old and one 16 year old, that isn’t a typo!!! As for my 16 year old Haley, for now I do not think she wants to run the dealership, but lets not forget that when I was 16 I said I HATED the dealership and would never work there! You just never know what may happen, but I have plenty of things to do before I am ready to “relax”!

Q: What do you believe gives Clemons Boats an advantage over other dealerships in your area?

Clemons: You don’t think I can give away my secrets do you?! We have several advantages, but our biggest advantage is the fact we are family owned and operated, we have been in business for over 50 years, and we have the best brands in boating! Other than the above, we truly care about our customers and do our best to over deliver on all promises made. We take it very seriously.

Q: Professionally, what has been your proudest moment?
Clemons: On a professional level, it was most definitely receiving the top 100 dealer award! We have worked our tails off the past few years, and I had an overwhelming sense of pride when I found out. I was much more happy for our employees than myself, they all work super hard and although I am a compassionate guy, I know I expect a lot from them. Being a Top 100 dealer is a big deal to me!

Q: What are 5 things that people may not know about you?
Clemons:

  1. I have played the drums since 9 and used to be really good. USED TO BE!
  2. I totaled 1945 lbs in a powerlifting meet in 2013
  3. I have a torn pectoral muscle from bench pressing
  4. I am a duck hunting fanatic
  5. I do everything I do for my family

MRAA adds Program Marketing Coordinator

Katie Eichelberger brings expertise and fresh perspective to MRAA marketing team.

MINNEAPOLIS, June 19, 2017 – The Marine Retailers Association of the Americas announced expansion of its marketing team, hiring Katie Eichelberger as a Program Marketing Coordinator.

Eichelberger has a background in marketing and communications with a Bachelor of Arts degree from Simpson College in Indianola, Iowa. She previously held a position at Blue Cross and Blue Shield where her primary focus was internal communications.

“We are thrilled to have Katie join our team,” said Matt Gruhn, President of MRAA. “She has a passion for the outdoors, and our team is already benefitting from the knowledge, skills and energy she is making at MRAA.”

Eichelberger will become the point person for marketing the MRAA’s annual conference, the Marine Dealer Conference & Expo, as well as MRAA’s other educational programs, such as its virtual training platform and members-only MRAA Rewards Resource Center. She will work closely with the rest of the marketing team to create newsletters, web content, video and other member and industry communications.

“I’m delighted to be joining the MRAA family,” said Eichelberger. “I look forward to the challenge of continuing to communicate MRAA’s mission in a compelling manner. It’s inspiring to be a part of an industry-leading organization that truly desires to help its members and the industry achieve growth and success.”

About the Marine Retailers Association of the Americas

At the Marine Retailers Association of the Americas, we believe that for the marine industry to thrive, the retail organizations that interact with the boaters in their community must thrive. With that in mind, MRAA works to create a strong and healthy boating industry by uniting those retailers, providing them with opportunities for improvement and growth, and representing them with a powerful voice. For more information, visit MRAA.com or contact us at 763-315-8043.

How to Get More Done Faster

Over the weekend, I stumbled over something that might help both of us in the heat of the season – the boating season for you, and the product development season for the team at the Marine Retailers Association.

While you’re busy selling and servicing boats, we’re busy working with industry experts to create new workshops, sessions, online training, certification courses, and white papers to serve you now and throughout the coming year.

Neither of us have any extra time to spare, and it’s critical that we do everything we can to get ahead. That’s why I wanted to share something I read in the book, “Take the Stairs: 7 Steps to Achieving True Success” by Rory Vaden.

If you’re like me, you feel compelled to do your research so you have all the facts before you make a decision. And yet this time of year, who has time for that? So what often happens is the key decision that could give us the edge is put off indefinitely, translating into lost opportunity. Not good.

Instead, Rory recommends that: “We need to stop spending so much of our time trying to make the right decision and … start spending our time making decisions and then making them right.”

Rather than wasting our time asking the question, “Should I?” we can then focus on answering the question, “How will I?”

A simple shift in mindset, but one that could really make a difference, especially this time of year. And that’s our goal: To really make a difference in your success, your team’s success and your dealership’s success.

That’s why we’re hiring Rory Vaden as the Closing Keynote speaker at the 2017 Marine Dealer Conference & Expo, coming up this December 10-13 in Orlando. A record number of dealers have already signed up to join us there. I hope you will too.

Massachusetts KIDS Boating Day

The Massachusetts Marine Trades Association (MMTA) is happy to announce that we have declared Saturday June 10th, 2017 as “Massachusetts KIDS Boating Day”.  Currently, there are four KIDS boating events taking place in Massachusetts on Saturday June 10th.  The current list of events is below, but more events may be added before Saturday.  Chairman Bill Straus of the Massachusetts Legislature’s Boating Caucus stated, “Educating young children on the safety of boating and at the same time allowing them to enjoy all that boating has to offer prepares them for a lifetime of linking these experiences of safe boating on our waterways”.

The current events scheduled are as follows:

  1. Touch a Boat – Hingham, MA – 9:30AM to 12:30 PM
  2. Touch a Boat – Newburyport, MA – 11AM to 2PM
  3. Touch a Boat – Nantucket, MA – 9AM to 12PM
  4. KIDS Marina Open House – Charlestown Marina – Charlestown, MA – All Day open house with kids movie starting at dusk (weather dependent) – For more information please call – (617) 242-2020

The Boating industry in Massachusetts is a very vibrant one, and we would like to keep it that way.  The sustainability of the boating industry depends on getting more kids on the water and enjoying all that the boating lifestyle has to offer.  Boating is a family friendly and healthy activity that is enjoyed by millions of people around the country.  On Saturday June 10th one of the objectives for the events taking place will be to highlight what boating industry organizations and businesses offer the kids in our state and to introduce news kids to the water.  More than 70% of adult boaters started boating when they were kids and the MMTA recognizes the more kids we can get on the water in a safe and smart manner today, the better off our industry will be tomorrow.

The Friends of Hingham Harbor – Touch a Boat event is now in its sixth year running and the organizers expect approximately 1,000 people to attend the event this year.  “Touch a Boat is a great place for kids to create adventures and explore the harbor” said Greg Lane, Executive Director of Friends of Hingham Harbor.  The Newburyport Touch a Boat event hosted by Merrowhawke Nature School is in its second year and this is the first year for the Nantucket Touch a Boat event hosted by MMTA member Nantucket Boat Basin and this is the first KIDS Marina open house event hosted by MMTA member Charlestown Marina.

For more information on events taking place on Mass KIDS Boating Day or to register a kids boating event please visit: www.masskidsboatingday.org.

Boaterz and Bikerz Hull of a Tour4 Revs Up for Summer Adventure in New England

May 31, 2017, Venice, FL – Boaterz n Bikerz of America Hull of a Tour4 is revving up for yet another awesome adventure July 15 – 22. This year’s event, dubbed “The Lobster Roll,” features a guided ride covering a thrilling mix of mountain and coastal terrain throughout New England including Maine, New Hampshire, Massachusetts and Rhode Island.

A few unique aspects of the Hull of a Tour series is that it is designed exclusively for members of the boating industry and their friends, plus it offers a winning  combination of both motorcycling and boating activities.

“Once again, our route planner and road captain Jim Krueger of Regal Boats has outdone himself in producing one hull of a tour,” said event producer Wanda Kenton Smith. “We kick off the tour with a breakfast cruise at Moose Landing aboard new Regal boats, ride the entire coast of Maine, wind through the spectacular White Mountains of New Hampshire, roll into the Cape at Hyannis and splash down for a celebration party in the quintessential boating capital of Newport.  In addition, we’ll enjoy private whale watching tour and lobster bake on the Canadian border, plus stops for fun boat rides at two different Freedom Boat Clubs in Portsmouth, NH and Newport, RI. I’m ready to rock and roll!”

Three-time presenting sponsor Freedom Boat Club is back, along with four-time media sponsor Soundings Trade Only and two-time returning platinum sponsor Regal Boats. The tour is especially pleased to welcome newcomers for the 2017 ride include Sea Tow, sponsor of the official chase vehicle, power sponsor BRP/Evinrude, plus boating event sponsors Moose Landing,  Freedom Boat Club of New Hampshire and Freedom Boat Club of Rhode Island. Kenton Smith Marketing returns as event producer and publicist.

The Lobster Roll is the fourth in a series of Hull of a Tour events, and the first held in New England. Previous tours included the inaugural Florida – California cross country ride in 2013. The second, “The Freedom Ride,” was held in 2015 and traveled from Florida to Washington DC, concluding in the million-bike Rolling Thunder extravaganza on Memorial Day weekend. Last year, the group rode “Pacific Coast Rush,” from Seattle to San Francisco, with a loop out to Big Sur.

The 2017 Hull of a Tour is designed for motorcyclists with group riding experience.  The Lobster Roll ride route is available, as is the hotel planner featuring   discounted group rates. A transport company is also available to ship bikes round-trip from Florida to Maine with advance reservations. Riders can join for the entire trip, a weekend or even for a day.

“We welcome all in the industry who love the great outdoors and who enjoy adventure to come along for a memorable ride,” said Kenton Smith. “Every year we meet and make new friends who share the same passion for the boating and biking lifestyle. We hope to have boating industry folks join us from all parts of the country as well as those living in the New England area.”  

For tour information or to request the official hotel planner with group discounts, email Kenton Smith. To receive ongoing updates, request to join the Facebook Group.

How to Coach In the Heat of the Season

Memorial Day Weekend is a memory. The winter shows are over. The spring cleaning is done. All the boats once in storage are now in the water. The units sold at the shows have been delivered. And sales training is complete.

Wait a minute! Do we ever stop learning or practicing our skills? Do athletes stop training or practicing when the season starts? The losers might, but the winners are always fine-tuning their skills. They continue to improve all season long to make sure they meet or exceed the goals they set before the season began.

When the season starts is when the coaches, aka Sales and Service Managers, earn their paychecks. Athletes keep their coaches close on the sidelines because pros know that they can get too close to the game and miss opportunities that come their way. A tuned-in Sales Manager with the help of modern-day systems can ensure their salespeople stay with the game plan by selecting the perfect boat for their customer, negotiating a mutually beneficial price, and delivering a better-than-expected buying experience. And a tuned-in Service Manager with the help of modern-day systems can ensure their technicians, riggers, yard staff and service writers stay with the game plan by selecting the perfect maintenance package for their customer, operating at high efficiency, and delivering a better-than-expected service experience.

I hear too often working with Certified Dealers that training is scheduled for the fall, and they have no plan to revisit what they learned during the offseason. Tell me it’s not so! Your favorite players continually develop and practice their skills, and you should do the same all season long.

Dealer Principles, Sales and Service Managers: We know this is a crazy time of year. We need to sell boats and keep up with the demand for service. We agree: It is time to put our heads down and sell, sell, sell and service. But there is still time to sharpen our skills during the game. I find that most dealers are still meeting with their sales and service teams on a regular schedule during the season. Since you’ve found the time to meet, make the most of this time and always touch on training.

I learned a formula for a successful meeting years ago during my Ford days that is a simple to execute and can apply to any dealership department. Every meeting should include:

  1. Recognition. They crave it and don’t get enough of it, which our Employee Satisfaction Survey results confirm. Note what they are doing well and give them a shout out. This requires making notes all week and reviewing them before your meeting.
  2. Housekeeping. Every dealership must stay on top of deals, scheduled jobs, deliveries, and the does & don’ts.
  3. Training. End every meeting with something that will help them sell or service a boat today. Take 10 minutes to review those nuggets you learned in the offseason so they don’t forget to use the information they’ve already picked up. Keep it simple. Go around the room and ask each salesperson why now is a good time to buy a boat. Each will have to think and answer, but often the biggest learning opportunity comes from the sharing of ideas. Or ask each technician how they can improve their efficiency or the customer experience. Or break-out those takeaways from MDCE. Review a page or two of your notes – or even better, an MDCE video or two – to relive those moments of brilliance in December and put the lessons to work. This is what good coaches do for their teams!

If after weeks of positive reinforcement, you still have a couple of team members not conforming to the process, meet with them privately for a refresher course that notes their deficiencies using my proven formula: Hug ‘em, Smack ‘em, Hug ‘em! Simply, start the conversation with what they are doing right. Give them the desired direction, and finish with some basic math: adding together what they are doing right along with the adjustment, which will end with a better result.

Champions never stop learning – and practicing what they know. When you make it a priority to carve out a few minutes a day during the heat of the summer to take advantage of the investments made in the off-season, you will reap the rewards of building a stronger foundation for success.

Member Spotlight: Ashley Smith & Eric Smith

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2017 has been a big year for siblings, Ashley and Eric Smith. They have recently started the legal transition of ownership of their family business, Colorado Boat Center, located in Johnstown, Colorado. In addition, the dealership is under-going a large remodel that will bring their services, products, and employees all under one roof. We had the chance to ask Ashley and Eric questions in order to learn more about the changes happening at their dealership and how their time in the industry has prepared them as they begin to take over the family business.

Q: You two just took ownership of the business in April. Congratulations! What did you do to celebrate?
Eric: To be completely clear, 2017 marked the legal transition of ownership for Ashley and me. Tom and Nancy still maintain the controlling interest in CBC. Our full transition period is cast over the next 5 years with Ashley and I purchasing the remaining shares during this time. So, the complete ownership for Ashley and I will not be fully executed until that period expires. To mark the milestone, I stored the documents in a safe deposit box and my wife took me out to dinner.

Ashley:
2 hours after we signed the paperwork I was on my way to my Spader Leadership Course in South Dakota. I celebrated at the airport with a Prime rib dinner.


Q: So you’ve both worked in the family business for a number of years now. What have you done to prepare for taking over the business?

Eric: As with many of the other next generation owners I’ve worked through each department in my tenure. This has given me a working knowledge and relatability of how each area functions independently but also the understanding of the process to keep the dealership running efficiently. A lot of what we have done over the past few years is to work with Tom and Nancy in understanding their roles as owners, the decision-making process and the delegation of various responsibilities. Tom and Nancy have built the business over 27 years through that time they have made mistakes and dealt with hardships. Much of what they are training us for is how to handle these situations and to not make the same mistakes they may have.

On a personal level, my wife and I have discussed my eventual role into ownership deeply over the years and the impact that it would have on our lives socially, monetarily and as a family unit. Many of the activities that were once a priority have been reorganized to hobbies. My perspective is that the business is organic and for it to continue to be successful I need to tend to it in the same way an athlete cares for his body or a farmer to his field.

Ashley: I feel fortunate to be partnering with my brother. For 11 years plus Eric and I have had different responsibilities throughout the dealership which has prepared us for this transition in itself. Most of his strengths are my weaknesses and vice versa. Eric is definitely more task oriented as I’m more people oriented. As owners, I think it is important to learn all aspects of the business, but it’s just as important for us split up responsibilities based on our strengths.  We’re doing a 5 year succession plan.  Our parents are still very much involved in the business, but they’re giving Eric and I the room to learn and make decisions on our own.  All while being available when we need their expertise.  I believe they are ready to step back as quickly as possible. They’re not only planning vacations this year, but they’re actually booking them too!  That shows me they trust Eric and I have it handled.

Q: What would you say is the most valuable lesson you’ve learned during the transition?
Eric: Communication, don’t expect anything to unless you make your voice heard and you listen/understand the perspective that’s coming your way as well. We have 4 very different personalities within the family, with that comes a unique vision from everyone. We can’t let our feelings get hurt because this is about the business and it should not be taken personally.

Ashley: I’ve realized I can’t be taught all of the ins and outs of the business all in one day or by one specific person. I’ve had to take the initiative to learn and work with all departments throughout the dealership, ask questions, be hands on, and be prepared to make decisions when no one else can.

Q: If you could give a soon-to-be successor some advice, based on what you learned during the transition, what would it be?
Eric: Work with a 3rd party and lawyer who have no affiliation to the business to begin your succession planning. Do it early and take your time to execute it properly. Plan monthly board meetings to discuss the progress and transition of responsibilities.

Unfortunately, not enough thought goes into succession planning in a lot of family business’, especially within our industry. Often the next generation is either too impatient or entitled, the current generation doesn’t want to give up the keys, they just want to hand the keys off and run, or worse yet they pass and the family has no idea what the next steps should be.

Ashley: Communication is key. You can’t be afraid of hurting someone’s feelings. You need to be able to separate family from business and speak up when something is important to you. If you don’t understand, ask as many questions as you can until you do.

Q: You’re in the midst of a major renovation project right now. Tell us about that and what you expect it to mean for your business.
Eric: It’s ironic that this is being done as Ashley and I are taking over but it is something that we needed to do as a business to set ourselves apart and move forward for the coming years.

Over the years, we have kind of “made do” with the facilities that we have on our lot. As the business continues to grow it becomes more difficult to operate out of 3 separate buildings. Now, we’ll have everything under one roof. It’ll be clean, modern and up to date with the tools and communications that are needed by our employees.

From a customer standpoint, it’ll be fantastic. We have made a transitional shift over the last several years as our customer demographic sits on the higher side of the curve. They are coming in for an experience, just like they receive with their high-end car purchase. When they pull in on the lot and it’s dirty or outdated you’re setting off that experience in the wrong way. By no means are we building the next BMW or Mercedes dealership but we are cleaning up our appearance to be more comfortable to our customers and employees.

Ashley: We’ve operated out of three buildings on our site for 13 years. Our new facility will house all departments under one roof. Once the construction started, our showroom turned into our parts and service department forcing all of the employees into one building and to operate in tight quarters. It has been a great indicator of what will happen once we are in the new facility. Our culture is evolving and our efficiency is improving throughout all departments. We represent three of the boating industry’s top manufacturers, have a full certified staff and a list of accolades. The new building will be like frosting on the cake and set the standards for the future of our business.
 

Q: We’ve noticed that you guys are following in the footsteps of your parents from a lifelong learning standpoint. You’re both involved in MDCE, Dealer Certification, 20 Groups, Spader courses, and more. Tell us what role this culture of learning plays for you and your success.
Eric: The process of self-improvement is continual and the moment you think you know it all or that you’ve got it, is when you’ve begun to dig your own grave. I feel that each day we should strive to better than we were yesterday. This comes from continual education, discussion among peers, establishing standards, etc. A lot of times some of the best “new” ideas we have are picked up from other dealers and/or at workshops. All we’ve done is tweak and process them to fit our organizational needs. There is a wealth of knowledge within our industry and most people are open to talk about what works for them. The cliché of trying to reinvent the wheel, that’s what you’re doing if you’re doing it alone.

Ashley: Our parents are the epitome of dedication, hard work,and perseverance. For as long as I can remember, our parents taught us the importance of continued education, setting goals,and pushing our capabilities to new heights in anything we do. The education I’ve received through MDCE over the past several years was the starting block to learning the industry inside out. Each year, I bring back a stack of notes and work with the staff at narrowing down the most important ideas we’d like to implement in our dealership over the next year. I’ve just recently started attending the Spader 20 Group meetings. This has opened a whole new side of the business to me. Budgeting, numbers, reports, oh my! In January I began the Spader Leadership Development Program. I’ve only been to two sessions out of the five, but it has transformed my mindset both professionally and personally. The dynamics of my relationships have also changed dramatically. I’ve been able to practice and implement what I’ve been learning throughout the entire dealership all while seeing an open and positive response from my family, employees, and customers. I went into my course thinking I was going to have to make a cut in our staff. This month I will be rewarding him for hitting his monthly sales goal. This is a prime example of how my continued education helped better myself to help better my team.
 
Q: OK, now that you’re owners, what’s the first big decision you’ll need to make?

Eric: When I can get Tom and Nancy a scheduled day off… Seriously, we are short manpower in a couple departments so we’ve got some staffing needs to fill.

Q: What has been the most rewarding part of building a career out of being a boat dealer?
Eric: The relationships with my family, customers, other dealers and manufacturers. We are a family business and we look at all our relationships as our “business family”. It means a lot to see the smile on a customer’s face after delivery or to get an emailed picture of them out on the lake. The thought of knowing you’re providing for the employees and their families. The continual feedback and support from our peer dealers.

Ashley: My family got in the industry because we loved boating. To pass that along to other families, build lasting relationships, and share it with an industry who shares the same passion is the most rewarding part of my career.

Q: What are some things that people may not know about you?

Eric:

  1. I am the dog father to the cutest golden doodle in the world, Bucky. I may be partial.
  2. Born & raised in Colorado and have never snow skied, boarded or anything like that
  3. I’m an endurance junkie, completing 5 Ironman triathlons, several marathons, and a couple double crossings of the Grand Canyon.
  4. My dream job out of college was to be a lobbyist in DC.

Ashley:

  1. I love raw oysters
  2. I don’t share my popcorn
  3. I enjoy cooking
  4. I’m obsessed with the Food Network
  5. My life revolves around good food and my cat