00:00
Don'tberesistanttoAI.
00:01
Weplayinablue-collarindustry,andthat'swhatmakestheindustrygreat.
00:06
It'sall-of-the-earthindividuals,butdon'tberesistanttoit.
00:12
BeyondtheWrenchwithJayGaninenfromRenchway.
00:26
WelcomebacktoBeyondtheWrench.
00:28
MynameisJayGaninen,andIamyourhost.
00:30
Thisweek'sguestisTrentBroberg,CEOofFullbay.
00:34
Trentisathoughtfulleaderwithapassionforhelpingbusinessesgrow,embracinginnovation,andbuildingstrongteams.
00:42
Inourconversation,we'regoingtodiveintoleadership,theroletechnologyandAIwillplayinthefutureofrepairshops,andwhatittakestonavigatechangeinarapidlyevolvingindustry.
00:53
Trentbringsauniqueperspectiveonwhereourindustryisheadedandhowshopownerscanpositionthemselvesforsuccessintheyearsahead.
01:00
Welcometotheshow,Trent.
01:03
Thanksforhavingme,Jay.
01:04
IthinktheintrotherejustsaysI'maself-proclaimednerd,andthat'sthat'showI'vebeenfor25yearsinthisindustry.
01:13
Well,you'vegotalonghistoryinthisindustry,butyou'rerelativelynewtoFullBay,afirst-timeguestofourshow.
01:22
FullBayhasbeenapartnerofoursforyearsatthispoint,andandgreatpartnersatthat.
01:27
Uhbringinginnewleadership,uh,it'salwaysfuntokindofgettoknowsomebody.
01:31
AndI'vegottentoknowyoualittlebitoverthisfirsteightmonths.
01:35
Buthowuhhow'sitbeensofar?
01:38
Sotheyeah,I'vebeenhere,asyoumentioned,Jay,foreightmonths.
01:41
It'sbeenawhirlwind.
01:42
It'sbeenauhatonofchange,it'sbeenatonofchangeinthemarket,thebroadereconomy,andfullbay.
01:49
Uh,we'rebringingnewproductstomarket,we'removingfasterthanever.
01:53
We'vegotgreatuhagreatpositioninthespace,andanduhmostimportantly,uhI'vebeentravelingfull-timemywholelife,andfullbayisbasedinPhoenix,andIliveinPhoenix,soIgettobeafull-timedad,reliablecoach.
02:07
FromwhatIrecall,youareaanalumofArizonaState,correct?
02:15
IIthatwasit,yes,yes,yes.
02:18
TheyuhIwasn'toverlyfamiliarwiththeSunDevilsuntilIgotmarrieduhorstarteddatingmywife,youknow,now15yearsago.
02:27
Butnowwe'reuhit'sait'saprettysteadystapleinourhouseuphereinWisconsin.
02:31
We'vegotASUstuffallovertheplace.
02:33
You'reyoumightbetheonlyoneupthereinWisconsin.
02:38
Yeah,IIuhItellpeopleIspentsixyearsatASU.
02:42
UhwhatIleaveoutisthegradschoolpartbecauseit'salittlefunnier.
02:46
Yeah,right,right,right.
02:47
Well,tellusalittlebitaboutyourupbringing.
02:50
Uh,you'veobviouslybeenintheindustryforalongtime,uh,wenttoArizonaState.
02:54
WhathappenedafterArizonaState?
02:56
Yeah,it'safunnystory.
02:57
Andandyouknow,we'rejustonthetailendofuhDieselConnect,whichisouruserconferencefortheindustry,really.
03:03
Anduhwalkeduponstageholdingabeerinmyhandandsaid,uhandandkindoftoldthisstoryofhowIgotstartedintheindustry.
03:12
ButIwasatthetailendofASUinundergrad,andIwassittingwithuhwiththefounderanduhofSwiftTransportation,andhesaid,uh,Trent,whatareyougonnadowhenyougraduate?
03:23
AndIhadgottoknowhimasfriendsoffriends,andIsaid,Idon'tknow,I'vebeengoingtoASUforfouryearsdrinking,andhesaid,Whydon'tyoucomeworkformeonMonday?
03:32
Sothatismyoriginstory.
03:35
ShortlyafteruhIshowupatworkindressclothes,uh,heputsmeoutonatruckforaweek.
03:42
SoIspenttheweekinatruckunbeknownsttomewithnotoiletries,changeofclothes,nothing.
03:49
SoIspentIspentMondaythroughFridayonaridetojustgetacclimatedofwhathappensinintheworldofOTRandanduhintheclasseighttrucks.
03:58
AnduhandthenayearIspentatuhSwiftdoingyouknowchangingtires,greasingfifthwheels,uhmanagingdriversuhforquitesometime,50driverstypicallyinainafleet,anduhthat'swhereIcutmyteeth.
04:14
Man,Iatthetimeitprobablyuhandmaybeyouwerereadyjusttodiveheadfirstin,butyoualmost,asyou'regoingonthatfirstweekontheroad,havetolookbackandsay,collegewasn'tsobad.
04:29
Youknow,uhI'llalwaysifyou'reoutthere,LarryClement,thankyouforfortakingmeontheride.
04:37
Heunfortunatelywasawasachimney,soIhadmyheadoutthewindowmostofthetime.
04:43
Butuh,butI'lltellyou,uh,itwasagoodperspective.
04:47
ItwasuhwhatIthinkIlearnedmostwastodothehardworkbecauseInevercomplainedthroughthatentireyear.
04:56
Butinmyhead,I'mgoing,man,Ijustyouknow,justlikeeverybody,yougotocollege,youthink,oh,you'regonnasitbehindadeskandmakeallkindsofmoneyanddothesethings.
05:04
Andandyouknow,Ihadafinancemarketinguh,youknow,degree,anduhandI'mhereIam,greasingfifthwheels,andandlikeIsaid,unloadinga53-footerfulloftiresinthemiddleofsummerinPhoenix.
05:18
Anduhnevercomplainedonce.
05:20
AndIthinkitwasagoodway,andIthinkthatearnedalotofcredibilityformeintheirleadership.
05:27
Well,Ithinkthat'sareallygoodlesson,youknow,aswe'resittingatthethetimeofyearwherealotoffreshcollegegraduatesarecomingoutintotheworkforce,there'sagreatlessoninwhatyou'retalkingaboutthereofregardlessofwhatyourdegreewasandhoweducatedyouare,thereissomuchtolearnassoonasyougetin.
05:48
Andandreally,Ithinkthemoreyoucanlearnthetruenutsandboltsofanoperationandhowthingsworkandhowyouknowyouyouwentontheroadtogetthatfirsthandknowledgeofwhatit'strulyliketobeontheroad.
06:00
Ityoucanhavealltheeducationintheworld,butuntilyoukindofgothroughthosestepsandandreallykindoflearn,learnsystemsandlearnhowtherealworldworks,uh,ityoureducationwillcomeintoplay.
06:13
It'llbereally,reallyhandyatsomepoint.
06:16
Butthethewillingnesstorollupyoursleevesandjustgettoworkandlearnissoimportant.
06:22
Noone'sgonnadothat.
06:24
WehaveaculturehereatFullBaythatwe'rewe'recontinuingtofoster.
06:28
AndI'vealwayssaidthisinmycareer80%isonyou,and20%isonthecompany.
06:32
Soasyouthinkaboutallofyoulistenersoutthere,myselfincluded,uh,you'vegottotaketheinitiative,you'vegottodowhatyouneedtodo.
06:41
Uh,whetherit'saskforthisposition,putintheextraeffort,orfindsomethingthatreallyyou'repassionateabout.
06:49
But80%ofyourcareerisonyou.
06:51
Thecompanyonlyowesyou20%.
06:53
Andoftentimesthat'stheinverseinpeople'smindset.
07:01
Souhlet'scontinueonwithyourcareeruhasyougothroughaSwift.
07:07
Howwhatwhatdoesthatleadto?
07:08
Yeah,no,Isaidspentuh,youknow,workedinfinanceandmarketingandfantasticcareer,fantasticcompanythey'vegrownin,youknow,continuedtogrowwithNightSwiftnow,andandstillfriendswithpeopletodaythatareoverthereandexecutives.
07:23
Soit'sbeenthatwasjustsuchagreatexperience.
07:25
Spentalmost10yearsthere.
07:27
Uh,wantedtospreadmywings,noissues.
07:30
Itwasoneofthosethingswhereit'slike,okay,I'velearnedalothere.
07:32
WhereelsecanIlearn?
07:34
Idon'tsitwell,Iwanttogolearnmore.
07:36
SoIspentacoupleyearsatDBShanker,whichisyouknowglobalfreightforwarderbasedinGermany.
07:42
Uh,theywantedmetomovetoGermany,wasn'tinthecards.
07:46
Uh,andIIfoundasmalluhIdahocompanycalledInternetTruckstopatthetime.
07:54
Uh,anduhwenttoworkoverthereandanduhyouknowspentuhalmost10yearstheregrowingthatbusinessintotruckstop.com
08:04
andwhatitistodayisuhyouknowultimatelyCOO.
08:08
Thatwasagood,agreatexperienceaswell.
08:10
Wasthatkindofatthatstartuplevelwhenyouwentthere,orhowhowfaralongwasthecompany?
08:17
Yeah,theywerealittlefartherpaststartup.
08:19
ItwasyouknowfoundedbyagentlemannamedScottMosgrip,justauhjustafantastic,smartestpersonyou'llevermeet.
08:27
UhanduhandanditwasstartedinasmalltowninNewPlymouth,Idaho,anditwasyouknowunder100employees.
08:36
Itwasfairlysmall,andanduhyouknow,itwasitwasallowned.
08:41
Iactuallystartedtoworkforoneoftheacquisitionstheymade.
08:44
Itwasapartialacquisition,sothat'skindofhowIworkedin.
08:48
IwereasaGMstructureandandownedthatasuhitwasaTMSproductinthespace,andandthencontinuetogrow.
08:55
Weswitchedthebrand,uhlearnedatonfrompeopleintheindustrythereandwhatthatyouknowthey'refundamentallytruckstop.com
09:04
isaisthekindofthetownsquare,thespotmarketoffreight.
09:09
Sobecauseofthat,andbecauseoftheamountofuhfreight,whichwasaboutatthetime,about12%oftheUSGDPthatwentthroughthatplatform,Ijustgottoknoweverybodyintheindustry.
09:23
Justuhone,the12%ofthisgigantic,giganticindustry,right?
09:29
Likethatandtheamountofconnectionsthatyou'reabletomakebecauseofthatishugelyimpactfultoyourcareer,Ihavetoimagine.
09:36
Yeah,asIstartedoff,ititis.
09:38
I'maself-proclaimednerd,sothatfitreallywellinthatintersectionoftrucking.
09:43
IhaveIhaveaaveryuhcloseperspectivewithdriversbecauseIworkedwithdriversforsolong,andthat'showIstartedmycareerandmanagingdrivers.
09:52
Andthatallowedmetogetintothem,thesearetypicallyowner-operatorsmallbusinessesthatworkwithtruckstop,andthatallowedmetokindofbridgethegapbetweenthetechnologyandinnovationsideofthingsandtheandtheuhandthethetrucking.
10:04
AndIthinkmostpeoplewouldwoulduhcallmeanextrovert,andthatkindofworkstothatnetworkeffectthatyouareyou'reoutthereinthespaceandyou'relearningandmeetinggreatpeopleinthisindustry.
10:15
Yeah,ititishugelyimpactful,andthenthateventuallyleadstoyoucomingtoFullBay.
10:20
Yeah,actually,IIspentuhalmostfiveyearsataatauhthelargestautomotivelogisticscompanyrightbeforeFullBay,basedinSt.
10:28
Louis,companycalledAssertis,fantasticbusiness,grewthatintoaplatform,acquiredeightbusinesses,andanduhthey'redoinggreattodayintheautomotivelogisticsspace.
10:39
TheyserviceyouknowOEMs,dealerships,fleetmanagementcompanies,andanduhmanyothers.
10:45
AndanduhIwasontheroadforbothofthosecompaniesalmostfulltime,fouroutofeveryfiveweeks,whetherIwasinIdahoorChicagoorSt.
10:55
AnduhandIsawthisfantastic,IknewFullBay.
10:58
IknewsoIjumpedovertoFullBay,IknewFullBaybecauseitwasbasedhereinPhoenix.
11:03
Um,Iknewaboardmember,IknewIknewthebankers,they'reprivateequityowned,soIknewalotofpeoplearoundthisbusiness,anditjustworkedoutgreat.
11:11
Ibeforewegetintothefullbaystuff,becausethere'salotthere,Idoalwaysaskthosethathavebeenontheroadalotfortraveladvicebecauseuhthat'suhIIspendquiteabitoftimeontheroadmyself.
11:25
I'malwayslookingforwaystoimprovemyexperienceoruhmakeituhsomeofitisnoteventheexperienceoftravel,it'showtonavigatehomelifeandtryingtouh,youknow,wehaveanine-year-oldson,sohowdoyougethimtoschoolwhenI'montheroad?
11:40
Andyouknow,thatallofthethingsthatgointoitthatmaybeyoudon'tthinkabout,yeah,butanythingthatyoulearnedinyouryearsoftravel,Iknowthisisaveryvaguequestion,butinyouryearsoftravelthatmaybethosefolksthatarethatarehittingtheroadsallthetimeuhmightbeabletotouhtolearnfrom.
11:57
Yeah,theprimaryyoulearnthatIlearnedveryquicklythatmywifeisanangel,andshesheisaretiredelementaryschoolteacher,andshegaveuphercareerbecauseofthis,right?
12:15
Wehavekids,I'vegota12andanine-year-old,12tomorrow,andanine-year-old.
12:20
AndandwhenIwasontheroadandtryingtobalancethat,wehadtomakeadecisiononwhatweweregoingtodo.
12:28
Becauseatthetime,we'retalking,youknow,12,15yearsago,uh,thatwasreallyhard.
12:34
Itwasaveryharddecisionforustomake.
12:36
AndshemadethesameinvestmentthatImadeinmycareer,inhercareer,andinthinkingaboutitandhowyoumakethat80-20rule.
12:44
And,youknow,ithelpsthatwe'vegotafantasticfamilyaroundus.
12:50
And,youknow,thethethenumberonethingthatIlearnedveryquicklyisjusttoover-communicate.
12:56
Andwhilemykidswereyoung,IcontinuedtomakesurethatIalwaysansweredthephone.
13:02
Iftheycalled,Ialwaysansweredthephone.
13:05
IfI'minaboardmeeting,it'slikeI'llcallyouback.
13:08
Soeverybodyaroundmeknewthatmyfamilywasimportanttome,thatmykidswereimportanttome,mywifewasreallyimportanttome.
13:15
AndweweregoingthroughCOVID,right?
13:18
Itwassimilartothiskindofmentality.
13:21
AndwhatIwouldalsodothroughthattimeisanytimemykids,becausethey'reyoungatthetime,wouldcomein,theywouldjointheZoomwithme.
13:29
Soeverybodyatthecompanyknewbothmykids.
13:32
Theyallknewit'slike,heyLincoln,howyoudoing?
13:34
HeyBarrett,howyoudoing?
13:38
He'shere'swhoJayis,andthey'llaskacouplequestionsandthenokay,we'rebackontoit.
13:45
IneveruhItriedtotryto,anditdoesn'talwayswork.
13:48
Itriedtonevertakeuhmyjobandelevateitabovemykidsandandwifeandfamily.
13:56
Thatisjustgoodlifeadviceasawhole.
13:58
Anduhasyoutalkthroughthat,thatisthosearerealconversationsthathappenevenwithmywifeandI.
14:05
Mywifeisathirdgradeteacher,andit'sauhattimesyouyouyou'reabsolutelyright.
14:12
Uh,she'shadtomakesacrificesaswe'vegrownthecompany,andituhattimesischallenging,andneversayingthatinthesenseoflikewantinganybodytofeelsorryforme,butitisuhit'sadifferentdynamicthanmaybethegeneraleighttofivewhereyou'rejustyouknowkindofreportingtoashopeverydayororwhatever.
14:30
SoIIgiveyoualotofcreditfornavigatingthatbecausethatisuhthatismaybealittlemorechallengingthanthanpeoplegiveitcreditfor.
14:37
Yeah,it'sallaboutsleeps.
14:39
Howmanysleepsareyougone?
14:40
Nothowmanydays,howmanysleepsareyougone?
14:42
There'salotofredeyesassociatedtothattotrytogethomeornot,youknow,dependingonhowthatworked.
14:49
ButalotalotoftimesI'vegotbacktotheairportaftermidnight,butitwasbettertogethomeforthatnight.
14:58
Oh,thisthisisgreat.
14:59
Soultimately,thatthatiswhereweleadtotofullbaythen.
15:03
AndasImentionedatthetop,fullbayhasbeenagreatpartnerofoursforformanyyears.
15:08
Uh,anduheventhroughtransitions,it'sjustbeenuhawonderfulpartnership.
15:14
Ithinkthecompanyasawhole,thefabricofitandandtheculturehascarriedon,right?
15:20
IIthinkjustareallycoolplacetowork.
15:23
Uh,everybodythatIalwaystalktoisjustalwaysjustoverlygreattomepersonally,too,right?
15:31
Wheretheythey'veuhreallygoneoutoftheirway.
15:34
Andandthecompanyitself,Ihavetoimagine,asyou'relookingatitfromanoutsider'sperspective,uhthere'sgottobesomeintriguethereingeneralaboutwhatagreatcompanyitisandandreallykindofthereputationthatitcarriesthroughouttheindustry.
15:48
Yeah,andfirstoff,Jay,thankyouforthepartnershipovertheyears.
15:51
Itobviouslypredatesme,soIcantakenocredit.
15:54
Uh,butyouhavebuiltafantasticcommunity,justasFulbright,andourabilitytobringthosecommunitiestogetherbecausewehavethesameaudienceisishasbeenfantasticovertheyears.
16:06
Andthehelpwiththestateofdutyheavyrepairandsomeofthecontentyouputout.
16:11
Andthere'suh,youknow,foreshadowing,there'salotmorefunstuffwecandotogetheraswewantourdata.
16:18
Soum,yeah,no,IIthinkuh,youknow,asIwaslookingat,youknow,understandingwhofullbayisandwhattheopportunityis,youknow,fullbayisfullbayisaaaverywell-regardedcompany,anditprovedoutinouruserconference,right?
16:33
Youknow,well,whenyousitinanexecutiverole,sometimesthingsrolldownhillandyou'resittingatthebottomoftheuhbottomofthehillandtryingtofigureouthow,youknow,whatarethechallengeswiththeproduct?
16:46
Andandlook,we'rewe'reuhwe'reimperfect,werecognizethat.
16:51
Butwhenyousitandtalktothesecustomersabouttheirlifeandtheirstoryandtheirfamilyoperationsandhowthey'vegrowntosecondgeneration,allonthebacksofaplatformthatthatthatthefoundersatFullBaycreated,it'saprettyfunstorytobein.
17:07
Youknow,we'rewe'rewedidsixandahalfbillionthroughtheshop,throughthesoftwarelastyear.
17:12
It'sgot5,000customers.
17:14
Uhwe'vegotsomefunstuffonthehorizonthatwecangetintohere,andanduhlookwe'regonnawe'regrowingfasterthanever.
17:22
Well,youmentionedtheconference,DieselConnect.
17:26
IbelievewasthisthefourthyearofDieselConnect?
17:32
SoI'vehadthefortuneofcomingmultipletimestotheconference,andI'llneverforgetthefirstyeargoingandandjustreallykindofeverybodywasalittlenervousandhowitwasgoingtogo,andtheyjustabsolutelyknockeditoutoftheparkfromthestart.
17:48
Andthisyear,aswe'vekindofgraduatedthroughtheyears,itreallystartedtolikeit,itissuchagreatconference.
17:57
Theamountthatthethethetypeofcontentuhthathappenedthere.
18:02
Uh,youknow,andIIjustthinkbacktoyoubringingthatbeeronstagetokindofkickthingsoff,right?
18:08
IitwasuhoneofthoseverymemorablepresentationswhereuhyouyouyouseetheCEOofFullBaywalkoutwithabeeronstage.
18:17
You'relike,thisIwonderwhatwhatturnthisisgonnatakehere.
18:20
Thisisathisisaninterestingone.
18:23
Wewell,it'simportantthatuhIbringweallbringlevitytowhatwedo.
18:29
UmIthinkit'simportantthatthatDieselConnectisone,aneducationaluhconference,butalsoalittlebitoffunuhmixedinthere.
18:39
Ithinkthatishowwebuildandfostertherelationshipswe'rein.
18:43
Look,we'reallwealltakeourselvestooseriously,weallhaveourownchallenges,weall,allofourcompanieshaveourownchallenges,whetherthey'reuniqueorsimilar.
18:53
Anduhifwecantakesometimetotothankeachotherandjustbepresentinthemoment,Ithinkthat'simportant.
19:00
Andtheconferencewasfantastic.
19:02
It'smyfirsttimebeingattheconference,anditwasjustsuchagreateventtojusttalktocustomersandandunderstandwhotheyare,whattheiroriginstoryis.
19:10
I'malwaysfascinatedbyoriginstoriesbecauseI'vegotaninterestingonemyself,andanduhyeah,itwasagreatconference.
19:17
IsoasaNASCARfan,youhadLarryMcReynoldsonthestagerightoffthebat.
19:24
LarryMack,yeah,gottomeethim.
19:25
Imean,he'salegend,right?
19:27
LarryMack,hewasthegreatestcrewchiefdriverever.
19:30
AndandI'myouknow,uhIhadsomeniceconversationswithhimbackstageaboutspecificdriversandyouknow,DaleHernardJr.
19:38
andsenior,andandyouknow,workingwiththemclosely.
19:41
Unfortunately,wehadthelossofobviouslyKyle,andandhehadworkedwithhim,andthatwasthedayafter.
19:47
SotherewasjustalotofemotionsuhwrappedupinthatbecauseItookit.
19:52
Yeah,thethetimingofthatandforhimtokindofkeephiscomposureonstage.
19:58
Uhhe'satrueprouhininhowheapproachesthings.
20:02
Andum,yeah,IIwasgeekingoutfromtheaudiencesideandanduhreallyenjoyedthat.
20:08
AndthenuhyouhadDaveAndersonaswell,whohasbeenonthepodcastbeforeanduhafriendofmineuhandandtalkedaboutaccountabilityforshops.
20:17
Andyouknow,Ithinkhismessagewasreally,reallyimportanttoshopsthatwereoutthereuhinhowtheyruntheiroperations,howtheyholdfolksaccountabletoatoahigherstandard.
20:28
Justallinall,justthosetwosessionsalonewouldhavebeenworthitformostpeople.
20:32
Andthentherewassomuchmorethatwentintoitoverandabovethat.
20:36
Wetrytodoalotofbreakoutsessions.
20:38
Wetrytobringhelpfulpeople,right?
20:40
Helpfulinthecontextofwhatcanyoutakebackandworkwiththeirleadersorworkwiththeirtechniciansortheirindividualstojustultimatelymaketheirprofitabilityorwhateverthey'reyouknow,noteverybodywantstobegrowingandnoteverybodysometimesit'salifestylebusiness,butyoucantakethesenuggetsandtakethembacktobothyourprofessionalandpersonallives.
21:02
Ithinkthat'simportant.
21:03
Yeah,Ihadacoupleofbreakoutsessionsmyselfthere.
21:08
Uhtheaudiencethereisalwaysengaging,uhthey'realwaysaskingquestionsandandwantingtogetbetter.
21:15
Uh,oneofmyfavoriteconferencesasawhole,justingeneral,uhthefacilitiesthere,phenomenal,alwayshaveablast.
21:22
Um,andsoyeah,justkudostoyouandtheteamforanotherheckofaconference.
21:27
Andasyou'relisteningtothis,ifyou'reinthatdieselworldandandyou'relookingforanopportunitytogetmorelearningandgetmoreuhabilitytorunyourbusinessbetter,there'snotabetterconferenceoutthere.
21:40
Itisreally,reallywellrun.
21:43
Wehadabout400uhattendees.
21:45
Wewerecapped,sogetinearlyifyou'regonnagetticketsfornextyear.
21:49
It'llbethissimilarinMaynextyearuhhereinPhoenix,Arizona.
21:53
Ipromiseyouit'snotashotaspeoplethinkuhthattimeofyear.
21:57
Butuhyeah,Iappreciatethethepositive.
22:00
It'sonlygoingtogetbiggerandbetter.
22:02
Now,therewerealotofthingsasagainasIledtheshowwith,we'regoingtotalkaboutmaybeadvancementswithintheindustryandthingsthatwecandotokindofmoveforward.
22:14
AndsoasI'mthinkingaboutthisandkindofalmostrecappingtheconference,youhadsomeprettysignificantannouncementsattheconference.
22:24
Yeah,wewewereholdinguhpatientlytoannounceuhwhatwillbethenewplatformforfullbay.
22:33
Uhit'scalledFullBayNext.
22:35
Rightnow,itwilljustbeFullBayaswelaunchthatoutthedoor,butthat'swe'vegottotalkaboutthingsdistinctlybetweenwhatwehavetodayandwhatwe'rehavingtomorrow.
22:44
Thewaythatwe'rethinkingaboutFullBay,andandthisissomemoreinformationwedidn'tevenshareattheconference.
22:50
Butuhbutthewaythatwe'rethinkingaboutFullBayasanentity,wehaveaproductontheshelfandit'sanapplication.
22:58
It'sgotitschallenges,youknow,it'ssometimeschallengedinreportingstructureforenterpriselargecustomersandmanyotherthingsthatI'msurecustomersarethinkingrightnowtoday.
23:08
Andwerecognizeallofthepitfallsthatgointothat.
23:13
Wehavebuilt,anditisinbeta,wehavebuiltanewuhgroundupplatform.
23:18
Soratherthanthinkingthingsofanapplication,we'vebuiltFullBladeasaplatformsothatnowwethinkaboutbringingbestinclasspartnersintothefold,thinkabouttheintegrationswecandowithourcustomers'uhinternalsystems.
23:34
Thatwillbeagamechangerfortheindustry.
23:37
Andandwe'rehavingjustfantasticfeedbackfromearlyadoptershere.
23:42
It'sexcitingasfarastimelinegoes.
23:45
Whatareyoulookingatthere?
23:46
Yeah,soyou'llsee,likeIsaid,weannounceditattheconference.
23:50
We'reinbetawithsomecustomers.
23:52
Sothankyou,customers,thatarehelpingusalwaysgetbetter.
23:56
Anduh,youknow,you'llseeyou'llseethiscomingoutinQ3wherewestartlaunchingthistoselectcustomers,typicallyuhthesmallerendofcustomersaswethinkaboutthelaunchandplatformsowedon'tdisruptuhourcustomerbase.
24:12
Butwhat'smostimportanthereisthatitisAInativeanditisAIfirst.
24:19
Whatthatallowsustodo,uh,aseverybodyknows,ismovealotfasterwithdevelopment,withfeaturereleases,withwithhowwe'rethinkingaboutthisplatformversusanapplication.
24:32
Anduhyou'llseearapiddevelopment,you'llseerapidreleaseschedules,andit'sgonnabealotoffun,that'sforsure.
24:41
Howdoyoukeepupwithalloftheadvancements?
24:44
Youknow,wewetalkaboutAIallthetime.
24:47
Wetalkaboutjusthowrapidlythingsaremovingrightnowintermsoftechnology.
24:55
AstheCEOofacompany,howhowdoyoukindofstayontopofthat?
25:00
Imean,there'salotgoingonrightnow.
25:02
Yeah,theshortanswerisyoucan't.
25:07
IIamIhaveIblocktimespecificallyforthisthroughouttheweek.
25:13
Research,development.
25:16
Ithinkthemostimportantpartrightnowisjusttousetheproducts.
25:20
UseClaudeinyourownlifesothatyou'reeatingyourowndogfoodandI'mintherebuildingoutagentsandI'mbuildingoutworkflowsandco-workanddoingthingsthatthatmaybeisuniqueuhinthatsense,butumit'sabouthavingthetherightteaminplace.
25:37
Ourtechnologyleadershipisworldclass.
25:40
They'vebuiltuh,youknow,twogentlemenhere,KirkandScottandandmanyothersthatthatuhthatreporttothemandJohnarchitectsandanduhtheyhavebuiltworld-classsoftwares.
25:54
They'vecomefrom30yearsatMicrosoftandAmazonandthesecompaniesthatarejustontheforefrontofsuccess,andthatthey'rebuildingoutwhatIbelieveisoneofthebest,it'soneofthebestdevelopmentteamsI'veeverworkedwith.
26:09
Uhthat'sreally,reallycool.
26:11
Now,whatdoyouseeforthefutureofthis,right?
26:13
Becauseaswe'remaybelookingforwardtothis,Ithinkfromashop'sperspective,thiscanoftentimesbereallyscarybecauseyou'rehearingaboutallofthis,andandeverytimeyouturnonthenews,there'ssomethingelseaboutAIoranytradepublicationyou'rereading.
26:30
Like,IIthinktherearesomeofusthatmightbeoverwhelmedbyitrightnowandtryingtodigesteverythingthat'scoming.
26:37
Butinalotofways,it'sgoingtomakeourlivesbetter,right?
26:41
We'rewe'regoingtomakethingsandsomeofthosemundanetasksthatmaybewedon'twanttodoasmuch,itmighthelpusthereaswell.
26:47
Whatdoyouseeforthefutureofthisasitrelatestothedieselrepairindustry?
26:53
Yeah,youjustgothroughanyshop,gothroughanybusiness,andlookatalltheadministrativeworkthatcanbecutoutthroughAI.
27:01
That'sthewaythatwethinkaboutit.
27:02
Wemapoutthecustomerjourney,weunderstandwherethingsarecanbesolvedthroughAI.
27:08
Weliveinaserviceindustry.
27:11
Youcan'tAIawrench,right?
27:14
Butyoucanforsureserveuptherightdatatomakethateasieruhtofindapart,tofindwhatweneedtodotofigureoutthepredictivemaintenancesolution,getintouhintounderstandingscheduling,understandingwherethepartsare,howtogetthemjustintime.
27:34
Whenyoulookatthatwholecontinuum,there'ssomuchtodothere.
27:37
Andwe'rejustscratchingthesurface.
27:39
Butyouknow,65%ofourshopsuhdon'tuseAItoday.
27:44
Orwhattheydois,youknow,chatandconversational,right?
27:49
WehaveAIproductsnativenowontheplatformthatarehelpingtotranscribeforEnglishasasecondlanguage,thatarehelpingcleanuptechnotes,whichisalwaysachallengeforservicewritersoutthereandunderstandinghowtogetthingsinanicepackage.
28:05
Sowe'retryingtodothingsthatwe'vegotthatwecanintheproducttodayaswe'resimultaneouslybuilding,youknow,fullmainX.
28:14
Well,andandyoulookataproblemliketechniciannotesthatyoumentioned,andthishasbeenaproblemforever.
28:22
IIthinkIIdon'trememberatimewherethiswaslikeaneasything,right?
28:26
Youmighthaveatechnicianthatdoesareallygoodjobatit,butthentherestoftheteammightstrugglewithit.
28:33
Ithinktheabilitytousetechnologylikethattosimplifytheirjobandandmaybeuh,youknow,IIdon'tknowwhatyourplansareinthatregard,butIIthinkthatyoulookattheadministrativetasks,thatisoneofthemostcommononesthatIhearfromtechsaboutwritingstoriesandandmakingsurethatthey'redetailingwhatrepairtheydid.
28:56
Idothinkthere'sjustsuchahugeopportunityforAItohelpoutthereandanduhagainmakethelivesoftechniciansandmanagersbetter.
29:04
Yeah,whenyoulookatthisproblemtosolve,it'saboutwrenchtime,right?
29:10
Howcanwetakethebusinessasawholeandapplymorerevenuegeneratingopportunitiestoashop?
29:19
Sowhenthatpartofthatis,likeyousaid,technotesandtechnology'scleanupandunderstandingwehaveshopsrightnowthatareleveragingmics,BluetoothmicstodictatetoFullBay,tothentranscribeeverythinginadifferentlanguagethanEnglish,anditpackagesitup,cleansitup,uhconvertsittoEnglishandtranslatesittoEnglishandgetsitintoyouknowtheinvoiceandthesystemitself.
29:46
Sothatjustthingslikethatarebigsavers,uh,youknow,bigtimesavers,sothatyoucanspendmoretimeonthewrenchandmoretimedoingwhatyoudobesttoearnyouknowmoney.
29:57
Andlesstimedoingthestuffthatyouhatedoing,right?
29:59
Ithinktherearealotoftechniciansthatwouldadmitthattheydon'tlovewritingupthosenotesandandmaybeuhtrytopushthroughitratherthanyouknowkindofdoitatahighlevel.
30:10
I'veseensometechniciansarefantasticatit,don'tgetmewrong.
30:13
There'ssomethatwouldrathernot.
30:15
AndIthinkIprobablyfellinthatboatuhbackintheday,right?
30:19
Ofofuhnotwantingtowriteupthedescriptionsasmuch.
30:22
SoIIdothinkthebetterthatgets,thenyou'resavingtimeupfront.
30:26
Andmaybethetimeupfrontcanbespentonworkflowortryingtogetmorebusinessinthedoor,youknow,whateveritmightbe,itdoesopenyouuptodomoreproactivethingstohelpgrowthebusiness.
30:38
Ijustthinkthere'ssomuchvaluethere.
30:41
Yeah,inourinourreporting,57%ofshopsareunderstaffed,right?
30:47
That'snotuhashockingstatistictoanybody.
30:51
Buthowdowesolveforthat?
30:52
Yousolveforthatthroughobviouslytechnicianrecruitingandandthings,youknow,specificallythewrenchwaydoes,butbutalsothroughbeingmoreefficientathowwesolveproblems,howwefindhowwewriteup,howwefindparts,whatarethediagnosticsolutionsandhowwe'refixingthingsandandlargelyhowdowepredictthesemovementsfartherupstream.
31:20
Ifyou'reanautomotive,diesel,orcollisioninstructor,oraneducatorhelpingstudentsexplorethesecareers,thisisforyou.
31:29
Buildingrelationshipswithlocalshopstakestime,andknowingwho'swillingtohelpisn'talwaysclear.
31:36
ASCConnects,inpartnershipwithRenchway,bringsschoolsandindustrytogetherononeeasyonlineplatformatnocostforschools.
31:47
AttheheartofASCConnectsisSchoolAssist,theonlineresourcethatletsyoupostexactlywhatyourprogramneeds.
31:54
Fromguestspeakers,shoptours,tools,advisorycommitteemembers,careerfairparticipants,andevenstudentjobopportunities.
32:03
Shopscanseeyourrequestsandresponddirectlytoyou.
32:07
You'llalsogetaccesstoinstructor-focusedresources,webinars,andtemplatesdesignedtosavetimeandstrengthenindustrypartnerships.
32:16
Evenifyourschooldoesn'thaveaformalautoordieselprogram,youcanstillparticipatetohelpconnectinterestedstudentswithrealworldopportunities.
32:26
ASEConnectsisfreeforschools.
32:29
Getstartedatwrenchway.com
32:31
slashsolutionsslashschoolsorusethelinkintheshownotes.
32:39
Howdoyouseeitplayingoutforpredictivemaintenance,right?
32:43
AndI,youknow,thatpartfascinatesme,especiallyasititrelatestotheaftermarketworldininawaythatyou'retryingtoformeanyway,I'mtryingtowrapmyhandsaroundhowhowdoesthatworkuhforthatpredictivemaintenanceandandtryingtohelpacustomerunderstandtheirtruckandandtryingtogetitmaybealittlebitmoreuhIguessproactivelyoutinfrontofsomethingsthatcouldcouldsaveyoualotofmoneydowntheroad.
33:13
Ifirsttypicallystartwith,areyoudoingPMservices?
33:18
That'sright,thatisastandard,right?
33:21
Andthatiswhileyouthinkitwouldbemorewidelyadopted,PMschedulingisn'tquiteasadoptedasyouthink.
33:28
Soyougottogettothatlevel,right?
33:31
NowAIcanhelpyouinunderstandingwhatarethePMschedulesorwhatshouldthePMschedulesbe,right?
33:38
Onceyougetoutofwarrantyandandandyouknow,it'skindofthisopenspace,right,whereeverybody'sgottheirownprogram.
33:47
WeuhearlierthisyearpurchasedacompanyuhcalledPitStop,uh,agentlemannamedShiva,uh,who'sfantastic.
33:54
Parentshaveownedashophiswholelife,sohegrewupinashop.
33:58
Andhebuiltthispredictivemaintenancesolution,andhe'ssolvingreal-worldproblemsatveryhigh80to90percentsuccessrateswiththingslikesootlevelsandhowareyouwhatareTPMSandsomeotherchallengesthathappeninthisspace.
34:17
Um,sowhenwhenyoutakeastepbackandlookatit,it'saboutleveragingdata.
34:22
FullBayistheonlypeopleouttherethathas,youknow,sixandahalfbilliondollarslastyearinserviceordersandrepairsandpartsandandthingslikethat.
34:32
Weneededaproductthatcouldtakeallthatdata,whichwe'renotleveragingasweshouldtoday,andbuildpredictivemodelingontopofthat.
34:41
Andthat'swhatwe'redoing.
34:42
Sowe'restartingtotestsomeofthesemodels.
34:45
Andwhenyouthinkabouttheusabilityhere,it'sreallyaroundunderstandingwhentoscheduleandhowtoschedule,right?
34:53
Ifwecangetifwecanreduceuh,youknow,breakfixesorroadsiderepairsortowfees,right?
35:01
Itbecomessuchanadvantageoussituationforshopsandtheirrelationshipwiththefleets.
35:07
Sotheshopsarenowusingpitstoptothenpointsolution,theirfleetsthattheycontractwithandsay,here,connectyourtelematics.
35:17
Nowtheshopcanseealltheassetsthereandred,green,yellow.
35:22
Youknow,whichonesareneedtobescheduled,whichonesneedtobepulledofftheroad,dependingonwhatthetelematicsissaying,dependingonPMscheduling,bedependingonotherpredictivebehaviors.
35:33
Soit'sattheforefront,andthere'salotofworktobedone.
35:37
Isthatbasedonwhatwhenyou'relookingatit'smaybenotconnecteddata,butmorepredictivedata?
35:44
Someaningthatyou'relookingatmaybehowmanymilesthey'reputtingoninacertainamountoftime,anduhbasingserviceschedules,andandI'msurethere'sabunchofitthatgoesintoitthatI'mI'moversimplifying,butwe'retalkingmorethatsidethantheconnecteddata,right?
36:05
Soyes,youhavebehavioraltraitsdependingonuhdrivingbehaviorsinthetruckitself,right?
36:12
Somaintenancescheduling,andyouknow,that'salittlemorerules-basedwhenyouthinkabout,oh,wegettothismiles,youknow,likeinyourowncar,yougetto10,000miles,Igottadotheseservices,right?
36:23
Thosearemorerole-based,butbuttherearebehaviors,andthenthere'ssensorsthroughoutthevehicle.
36:29
Soastelematicsgrowsorassensortechnologycontinuestogrowwithsmarttrucksandsmarttrailers,thenyoucantakethatdataandmakeinferencesoffthatdatabecauseyou'veseenthatsameredflaguhahundredtimesorathousandtimesacross5,000shops.
36:49
Youknowwhattheservicerepairneedstobeforthatredflagbecauseyoualreadyknowwhatthattruck,whatthatcombodrivetrainis,andyou'vegotallthesedatapointsthataresaying,oop,I'veseenthisbefore.
37:02
Weshoulddosomethingaboutitbeforesomethinghappens,right?
37:04
Andthinkaboutitjustinthesootlevels,right?
37:07
You'restarting,youknow,oncethesensortechnologyisreadingthatfromthefromfromthetruck,it'sfeedingitintofullbay,andnowyou'reabletounderstand,oh,mymileageisdropping.
37:18
NowI'mpayingmoreforfuel.
37:20
Igottogodosomething,dependingonifthere'sthere'scleaningorfaultsthatareshowingup,there'salotwecandotheretoaddbacktothosefleets.
37:29
Andthat'sabouthelpingtheshopcreatevaluebacktotheirfleet,theircustomers.
37:35
Howdoyouseethatevolvinginthatcustomercommunicationthen?
37:39
Uhisitsomethingwhereit'sautonomously,andnotautonomously,it'sautomaticallysentasfaraslikeaumawarningorsomethingthatyou'retryingtogetinfrontofthedriverorwhoever'srunningmaintenanceforthatvehicle.
37:57
Howdohowdoesthatcommunicationstrategylookuhintermsofcommunicatingwiththem?
38:02
Yeah,there'sacoupledifferentwayshowthishappens.
38:04
Itdependsonwhatproductsyou'reusing,youknow,whatyourplatformsare.
38:08
Wehaveabout1200,uhaboutathousandtwelvehundredshopsthatwewewouldtermaskindofhybridshopsthathavein-houserepairs,theydothird-partyrepairs,buttheyalsohaveafleetin-house.
38:20
Sotheirabilitytonowtakepitstop,fullbayproducthere,they'rerunningtheirfleetonpitstop,asyouwouldafleetmanagementsystem.
38:32
Theshopisrunningonfullbay,they'reconnected.
38:35
Sonowyou'vegotanuhasynchronousuhuhplatformthat'stalkingtoeachother.
38:41
It'swhataretheassetsdoing?
38:43
Whatarethedowntime?
38:44
Theshopsrepairing,whenisitready,right?
38:47
What'smyETAestimatedtimeavailabilitysoIcanpickthetruckup,getitbackintocirculation.
38:53
Allofthesethingsarehappeningnowatthesametime.
38:56
Andaswecontinuetoadvancethis,onceyoulayeronuhthethesmartscheduling,andnowIcandomyworkforceautomationwithmytechnicians,Icandomymobile,whichoneshouldbemobilerepair,whichoneshouldbeshouldcometothetothebay.
39:13
It'sahugematrixofthingsthatwe'resolvingforandopportunities,butthat'sthat'sperfectworldrightnow.
39:19
That'swhythatwaspartofourthesiswithPitStop.
39:22
Andwe'reseeingitrealtimetodayallovertheplacewiththesefleets.
39:27
Uh,howdoyouseethatimpactinglikeatechnician'sdailylife?
39:31
Andyoutalkaboutsmartscheduling.
39:33
Istheremaybeadifferentapproachforthemuhfromayouknow,reallykindoflookinginsidethebayandhowifI'matechnicianandI'mgoingineachday,howthat'sgoingtoimpactmyworkflowandandhowI'mdispatchedwork,oryouknow,itdoesithavemuchofachangethere,orisitkindofworkasusual?
39:52
It'sjustyou'rekindofpickingupthenextjobandrolling?
39:54
Well,IthinkIthinkthere'sacouplewaystothinkaboutit.
39:58
OneisI'macutelyawarethatsometimestechniciansdon'tlovefullbaybecausetheyhavetodotechnotesandandtheshops,youknow,thetheownershipuhorbosses,youknow,createuhstepsalongthewaythatarenotdrivingcommissionedrevenueornotdrivingvariable-basedrevenue.
40:19
Souhtothem,orvariableascompensation,tothem.
40:22
We'resolvingforalotofthattomakethingseasier,morestreamlined.
40:26
So,yes,itwillbemucheasierandmorestreamlined.
40:28
Butyouthinkaboutalltheotherwastedtime.
40:31
Uh,andI'vegotdiagnostics,understandingthediagnosticsintowhattheproblemis,what'stheissuethat'sgoingonhere?
40:39
WecanabsolutelyhelpwiththattogettoasolutionfasterwhenyouthinkaboutthethreeC's.
40:45
Andthenultimately,Igottogofindapart.
40:48
That'soneofthemostchallengingthingsinourindustry.
40:50
There'snorighttorepair,there'slegislationthatjustkindofgotblownupalittlebit,andthere'sjustalotofchallengeshappeninginthisspacebecauselook,youknow,bigtrucksarebespoke.
41:01
Youknow,notallarecreatedequal.
41:04
Andsowecandefinitelyhelpwiththat.
41:07
Wehave80,84%ofourshopssellpartsandhaveapartsinventoryinfullbay.
41:14
Wouldn'titbegreatifoneshopcouldbuyfromanothershopbecausethey'vegotallthesepartsoutthereavailable?
41:23
Well,youandyoulookatifyou'vegotalargepartsinventory,partsturnissuchanimportantKPIwithinwithinashop,right?
41:32
Andsothemorefrommyexperienceandinandrunningapartsdepartmentatonepoint,thatwasoneofthosethatIconstantlyhadmyeyeon,constantlylookingforobsoleteinventoryorwaysthatyoucancleanofftheshelvestobringinmorevaluableinventory.
41:49
Idouh,youknow,I'mjealousofcurrentdaypartsmanagersbecauseIthinkthey'vegotsomanymoretoolsandsomanymore,likeIfeellikemoredetailedanalyticstotrulyunderstandyourpartsinventorythanalotofthelikewhatwedidbackintheday,whichwasverymanualgoingthroughspreadsheetsandandreallyjustkindoflookingatpullingreports,makingsureyou'repullingthereportstherightwaybackthen.
42:17
Nowitfeelslikeyou'regivingthemalotmoretoolstobeabletomanagethatinventorysothatitdoesn'tgetoutofcontrol,becausethatisoneofthosethingswhereifitgetsoutofcontrol,thatcanbeakillerforcashflowreally,reallyfast.
42:32
Yourbalancesheetwillholdalotofinventorythatmightbecomeobsoletetoyourpoint.
42:38
AndIthinkthefirststep,asyouknow,Jay,isbaddatain,baddataout.
42:45
Yougottacatalogit,wegottamakeiteasiertocontinuetomanageourpartsinventory.
42:50
Andum,andthenasyouthinkaboutaplatformeconomics,isifIdon'thavethepart,howdoIsourceiteasily?
42:59
Partscrossinformation,understandingwho'sgotparts,andjustasimportantwheretheyareandhowfastcanIgetithere.
43:08
Yeah,yeah,especiallyinthatworldwhereifthere'sabreakdown,youareyou'reyouknow,thattruckdriverorthatcompanyislosingmoneybytheminute,right?
43:18
Soyou'reyou'reyou'vegotalittlepressureonyoutogetthingsturnedaroundquickly.
43:23
Anduhpartsavailabilityhasbeenakilleruhforalotofpeopledoingthat.
43:28
Sojustmorevisibilitytoit,Ithink,isishelpful.
43:32
Uhandthefaster,andthat'sanotherexampleoflike,okay,youhearsomeofthehorrorstoriesofAI,butthat'sanotheropportunityforAItomakeourlivessignificantlybetter.
43:44
Yeah,whatwehavecurrentlyinintheproducttodaythatwe'retesting,uhwhereyoucantakeapictureofanythingonthetruckortrailer,anditwilltellyouwhatthepartsare,what'swrongwith.
44:00
Thepart,howdoIfindthat?
44:02
We'restartingtoincreasethefidelityonpartscrossinformationjustfromapicture.
44:08
Sotheabilitytogettotherightsolutionfaster,andasyoumentioned,AItopredictwhattherightsolutionmightbe.
44:18
Hey,beforebeforeyoucomeintotheshop,takeapictureofXYZ.
44:24
NowI'munderstandingwhatiswrongwiththetruck,andI'malreadysourcingorinventoryingparts.
44:32
Sothere'saworldwhereyoustartgettingintoamuchfasterinandoutgateuhinthesebaysuhthanthanwehaveseenhistoricallywithaAI,right?
44:43
Justinthatsolutionalone.
44:47
It'sit'sreallyfuntothinkabouthowourworldatfunandIthinkalmostnerve-wracking,exciting,terrifyingabouthowourworldisgoingtolookinfivetotenyears,right?
44:59
BecauseitIit'sgoingtohaveabigimpactandit'sgoingtomaybechangethewaywedosomethings.
45:04
ButII'mverymuchaglasshalf-fulltypeofperson,andIlookatmaybetheadvancementsthataregoingtomakeourlivesbetterandandeasier.
45:13
Uhandandultimatelyattheendoftheday,ifyou'reinashop,you'retryingtokeepyourcustomershappy.
45:18
Andifithelpsyoudrivethathappinessandandmaybespeedsthingsup,IIthinkthatuhthat'sawin-winforeverybody.
45:26
Uh,andIdothink,youknow,you'vegotyoungkids,I'vegotayoungson,andyoulookatthefactthatthey'vereallynothadtowaitforanythingintheirlife,right?
45:36
Likeiftheywhatevertheywant,theygetimmediately.
45:39
Ithinkwe'vegotthatnextgenerationcomingupthroughthattheirexpectationmightbedifferentthanthanwhatourshasbeentraditionally,right?
45:48
They'rethey'renotusedtowaiting,andanduhit'sit'sgonnatakesomesomereallyproactivethoughtonourendonhowwehowwegetoutinfrontofthat.
45:56
BecauseIdothinkyou'regonnahaveadifferentdemographicofcustomershereinafewyears.
46:01
We'rewe'resolvingrealworldproblemstodayandandandlookingatwherearewegonnabe,youknow,fiveyearsfromnow.
46:09
Youknow,Iuhasyousitasanexecutiveinanycompany,youputtogetherthreeandfive-yearplans.
46:15
Honestly,Idon'tknowhowanybodyputstogetherafive-yearplanrightnowbecausethefive-yearplanthatwestartedtheendoftheyearoffatthatweputtogetherinmyfirstcouplemonthshere,youknow,your30,60-dayplans,we'llhaveallthatdonenextyear.
46:30
So,youknow,howdowelookatwhatusedtobeafive-yearplanandunderstandwhatweneedtohowweskatetothepuckthreeyearsfromnow,even?
46:40
AndandIthinktoyourtoyourpoint,immediategratificationandhowwedriveefficiencythroughoutallofourcustomersandtheindustryishowwethinkaboutthings.
46:52
IsaidIIIempathizeormaybenotempathize,IjustIfeelsorryforeducatorsrightnowbecauseyoulookatmaybeinuhamiddleschoolteacherorhighschoolteacher,andyou'retryingtoteachvaluablelifeskills,andalotofwhichwon'tchange,right?
47:07
There'salotofthingsthatarearecoretoagoodbaseofaofalife,butthenyou'relike,whatjobsamItrainingthesekidsforuhwhenyouknowin10yearsdowntheroad?
47:21
Imynine-year-oldisthefirstperson,mymy12-year-oldalmostisthefirstpersonthat'sAInativethatIknow.
47:29
He,youandI,whenwetrytofindasolution,wegotoGoogle.
47:33
Wesay,Oh,I'lljustGoogleit,right?
47:38
Andeverythinghedoes,hejustsitsinhisroomwhenhe'stryingtosolveaproblemorthinkabouttheplanets.
47:43
He'saprettyinterestingkid,andhe'shejusthasthesereallyhigh-levelconversationswithchat,andhedoesn'tknowaGoogle,hedoesn'tgotoGoogle.
47:53
Sothat'sthewaythatweneedtobethinking.
47:55
Don'tberesistanttoAI.
47:57
Yeah,thatifthere'sonethingIcantellthere'salotofpeopleoutininmoreruralcommunitiesororyouknow,weweplayinablue-collarindustry,like,andthat'swhatmakestheindustrygreat.
48:10
Saltoftheearthindividuals,butdon'tberesistanttoit.
48:15
Justgetinthereandlearn.
48:17
There'slotsofresourcestolearn,justtryit.
48:20
IIthinkyouhavetoembraceit.
48:22
I'llgiveauhshoutout.
48:24
WhenIwasinthetruckspace,Iwasonthetrailersideatautilitytrailerdealershipearlyoninmycareer,andthat'swhenYouTubewasjustgettingofftheground.
48:34
AndIremembermybossatthetimebeinglike,that'sthefuture,thevideoisthefuture.
48:38
AndI'mlike,Oh,okay,likewhatallwhatallareyouevengonnaputoutthere?
48:42
Andthenboy,hashebeenprovenrightoverandoverandoveragain.
48:46
Ijustwiththeuhtheadvancementsinvideoandandhowhowmuchthatevolvedfromwhenitwasearlystageofmycareer.
48:55
Butthenyoulookatthat,likehowthatjustcontinuestoevolve.
48:58
AndandIgivealotofcredittohimforkindofsettingthatinmybrainoflikejustalwayslookingforthatnextthingandtryingtofigureout,youknow,howisthatgoingtomakemylifebetter?
49:08
Howisthatgoingtomakeothers'livesbetter?
49:11
Andandhowdoyougetoutinfrontofthat?
49:12
Soit'sjustait'samindset,andlikeyoucaneitherbeterrifiedofitorembraceit.
49:16
AndIthinkrightnow,ifyouembraceit,you'reprobablyputtingyourselfahead.
49:20
Well,Ithinkit'suhthisweekwegotourfirsttrillionaireoutthereinthespaceinSpaceXlaunchedintothepublicmarkets,andandIthinkuhElon'saprimeexampleofthat,right?
49:33
It'syouknow,it'sit'sreallybeingforwardthinking,firstprinciplesthinking.
49:39
WhataretheproblemsI'mtryingtosolve?
49:41
Pragmatically,don'tovercomplicatethings.
49:44
Anduhyeah,there'sthere'syouknow,youYouTubeisnowthesecondmosttraffickedsiteontheinternetintheworld,right?
49:52
GoogleandYouTube,right?
49:53
Andit'suhitisithasbeenauhachainachangeleaderforeveryindustryeverywhere,period.
50:03
Well,andIIthinkallofthatisisuhthatwe'llhavetohaveyoubackonprobablysixmonthsorayeardowntheroadtotalkaboutkindofwhat'shappenedsincethisrecordingbecauseIhaveafeelingthere'sgoingtobealotofchange.
50:17
Now,uhasweuhkindofconcludethetechnologyside,Idowanttomaybemakemention.
50:23
Youyoutalkedaboutthereport.
50:24
Uhwhathe'sreferringtoisthestateofheavydutyreportthatFulbrigdoesuhanddoesafantasticjobatvery,verywelldonereport.
50:33
Uhwechipinoccasionallyandtrytotrytohelpoutwherewecan,butuhtalktousaboutmaybewhatyou'velearnedoutofthisyear'sreportandandjustIknowwhenIreadthroughit,it'sareally,reallyeasyreporttoread,whichIappreciate.
50:46
Uhyoucanbreakdownalotthere,butuhyouyoupulledalotofdatafromyourshopsthatIthoughtwasreally,reallyimpactful.
50:56
AndIthinkevenifyou'renotadieselshoplisteningtothis,Ithinkifyouifyoureadthroughthatreportasjustageneraluhgeneralconsumer,you'dprobablylearnsomething.
51:06
There'sjustathere'salotinthere.
51:08
Uhanythinginparticularthatyouyoufeeluhthatthatyouthoughtwaskindofagoodsomegoodfeedbackforindustryorgoodgoodfeedbackforfullbayuhasawhole?
51:18
Yeah,Ithinkgenerallyuhyouknowpeoplegravitatetowardsfinancialmetrics,uh,myselfincluded,ofcourse.
51:25
Anduhshopsaregettingbetter.
51:27
Sothemajorityofshopssaidit'sbetteryearoveryear.
51:32
Ithinkwe'reseeingthosetrendshappeninrealtimein2026.
51:36
Thefreightmarket,right,iskindofinthisreallyniceupswing,highestratesyou'veeverseen.
51:43
Sothefleetsthatarecustomerservicearemoreinterestedinpullingtrucksoffthefenceandfixinglotrodontrailersandgettingthembackintoproductionandreallypushingfortheopportunitytointhespotincontractmarketstoreallytostepintothatspace.
52:01
Ithinkyou'vegotaneconomythat'sthat'scontinuestogrowandexpand.
52:06
YouseethetheyouknowthetheWallStreetcontinuingtogrow.
52:09
Sotheseareallopportunitiesthatourcustomers'customersaretakingadvantageof.
52:14
Andit'saboutustotrytomakethemmoreefficienttogettheseturns,togettheircontractswiththesefleetstomanage.
52:22
Ithink17%ofshopshaveincreasedtheirmobilecapacity.
52:26
Sothat'sinteresting.
52:27
Ithinkwecontinuetoseemobilityasaservicecontinuetomoveupandtotheright.
52:32
Whenyoudon'thavetopulltrucksin,youcangoservice,doPMservicesinalot.
52:37
Ithinkthat'simportant.
52:38
Um,youknow,obviouslylaborwagesandthingslikethatcontinueuhtomoveupandtotheright,uh,youknow,upalmost8%yearoveryear.
52:48
Uhthatwillcontinuetobeatrend.
52:50
It'saninflationaryenvironment.
52:52
It'sbeenheavyinflationforquitesometime.
52:55
Ratesaren'tquiteatthat,whilethey'reatthehighestuhpeakwe'veeverseenforrates.
53:02
Inflationadjusted,it'snotnecessarilywhereuhyouwouldargueaboomtimewouldbe.
53:08
Andthenit'sreallyabouttechnologyadoption.
53:11
Um,youknow,howdowethinkabouttechnology?
53:15
Earlyonthisyearandandlastyear,therewasalotoftalkabouttariffs.
53:19
Halftheshopsaidtheysawnoimpactfromtariffs.
53:22
Ithinkthat'llcontinuetoincrease,right?
53:24
Becauseifyouhavepartsinventories,youdidn'thavetoreorderyet,andnowyou'reseeingthatkindofplayout.
53:31
Um,butIthinkyouknowthatthere'salotofthosetrendsthatarejustcontinuingtomoveupandtotheright.
53:37
Yeah,IIthinkyou'reright.
53:39
IandonethatI'mforevercuriousaboutistheneedtoraisetechnicianwageswhilealsoremainingprofitable,right?
53:50
AndIthinkthere'salotofpressuresonlaborratesofcustomerpostedlaborratestokindofkeepupwiththat.
53:58
Andit'shardbecauseyou'reyou'reyoufeellikeyou'reconstantlyraisingyourrateandumininordertostaycompetitiveinkindofthiscompetitivetechnicianenvironmentandandtoyouknow,Ithinkshops,itfeelslikearestartingtokindofgettheirhandsaroundthatmaybealittlebitmore,butaswegetourhandsaroundit,Ithinkthetargetcontinuestomove,right?
54:19
Wewekeephavingtopaythesethesefolksthatareworthit,right?
54:23
Likethey'reworthit.
54:24
Wejusthavetobeabletocommunicatethatvaluetotheenduserbecausetheyaregoingtopaymorewhenthey'regettingarepairdone,right?
54:32
AndsoIIdothinkmaybethatisanevolutionourindustryneedstoreallykindofleanintoalittlebitmoreiseducatingconsumersastowhytheirtheirbillsaregoingup.
54:43
UhIIthinkeverybillforeverythingisgoingupdrastically,butit'shardfromashop'sperspectivetocontinuetopushthelimitstherebecauseititfeelslikeyou'reconstantlyraisingyourlaborratenow.
54:56
Yeah,Ithinkuhlaborrateisobviouslyastatisticwewatchcloselyandhelphelppeoplewith,butandandwrenchwayparticularly,obviously,you'reituhyou'vebuiltagreatbusinessononsomeofthis.
55:10
UmIthinkit'snotalotdifferentthanwagesingeneral.
55:15
Wagescontinuetomoveup,andI'lltellyouwhat'smovingupfasteraretechnologistsandAIpeopleandpeoplethatarefocusedoninthatworld.
55:24
Andyouknow,it'sit'spartoftheoverallPLstructureofabusiness,andyouhavetobeconfident.
55:31
PeterCooperwasatourindustry.
55:34
Umuhhe'lltalkthroughhowhowtohowtorunabetterPL-drivenshop.
55:42
Andyouknow,hismottothathewilltellyouoverandoveragainuhtheaveragehoursworkedforatechnicianis46hours,payingsixhoursofovertime.
55:53
Uhhesaysovertime'sakilleronyourPLforlotsofreasons.
55:57
Peoplethink,oh,I'mgettingmorework,butthere'salotofreasonswhythat'schallengingandburnoutandsuch.
56:03
Um,butyouknow,it'sit'sreallyaboutbeingfirmandbeingconfidentinwhoyouareasashop,andthensimplyjustarticulatingback.
56:13
Andifsomebody'snotcomfortablewithit,youcangofindmorebusiness,Ipromiseyou,thatthatarecomfortablewithit.
56:19
Youknow,theirassetcostsaregoingup,everybody'scostsaregoingup,anditwillforever.
56:23
That'snevergonnachange.
56:25
Youknow,theaveragetrucksnowareastronomicaltopurchaseandputinproduction,right?
56:31
Yeah,uh,soit'sjustnevergonnachange.
56:33
Soit'sreallyabouthavingthegreatrelationshipswithyourcustomersandbeingtransparentwiththem.
56:38
Uh,uhjustgoodadviceasawhole.
56:42
Asweconcludetheshow,uh,Idohaveafewjustfun,quickhittingquestionsforyou,uh,andanduhandmoregettoknowyoutypeofquestions.
56:51
Souhfirstoneiswhatwasyourfirstcar?
56:55
AJeepCherokee,1991.
56:59
Allright,yeah,Iusedtodoalotofcamping.
57:02
Uhusedto,IthinkIgotallfourtiresoffthegroundafewtimes.
57:10
Uhareyouamorningpersonoranightowl?
57:15
Uhearlyuhearlyworkout,fiveo'clockinthemorning.
57:20
I'mnotaMarkWahlberg4a.m.
57:24
IthinkIsawsomewhereMarkisnowwakingupatlike2:30inthemorning,andIthat'stooearlyforme.
57:29
That'suhthat'stooearly.
57:31
Ithinkscientificallythat'sbadforyou.
57:35
Well,that'swerewereyoualwaysamorningperson?
57:38
UmIdon'tthinkthereisamorninguhteenagerorcollegestudent.
57:44
IthinktheonlyclassthatIIdidn'tgetanAinuhatASU,it'syoumakeyourownjudgmentsthereonhowhardthatis,butwasa740a.m.
57:54
Sono,Iwasn'talways.
57:56
Butwhenyougetintotrucking,youstartearly.
57:59
Sofromdayone,you'rethereearly.
58:02
Youknow,theclockstarts,yougoworkfromsixtosix,andthatyouputinahalfday.
58:07
Thatwaskindofamentalitybackintheday.
58:10
Yeah,it'sagoodmentalitytohave.
58:12
Uh,lastquestionWhatisyourfavoritetypeoffood?
58:17
Um,Idon't,I'mnotafoodie,soIdon'treallycare.
58:22
No,IIeattouhItrytobehealthy.
58:26
UhmyIshouldbemorehealthythanIamtoday,forsure.
58:32
ButIIdon'treally,I'mnotabigfoodie.
58:35
Youknow,IwhatIwhatIwouldstrugglewith,youknow,beinginthisroleandandandhavingbeeninthisroleforawhilearelongdinners.
58:42
They'llstruggleforme.
58:44
I'dmuchrathersitdownwithacustomerandgrabahamburgerandabeerandchatversussamethisfancysteakandandwine.
58:54
Yeah,IthinkovertheyearsI'vealmostbecomemoreofafanofthat.
59:00
Youknow,Ithinkwhenyou'refirstgettingstartedoffprofessionally,you'relike,oh,thisisawesome.
59:04
Gohaveanicesteakandgodoallthis,youknow,allthisstuff.
59:07
Andthenyoudogettothepointwhereyou'relike,it'sjustnicetobecasualanduhandandhavealikejustatruelikeheart-to-heartconversationwithsomebody,oryouknow,justreallygettoknowthematadifferentlevel.
59:19
Soyeah,II'mI'minthesameboat,butuhIuhIcan'ttellyouhowmuchIIappreciateyoucomingonthepodcast,appreciatethepartnershipwithFullBay.
59:30
Youguyshavebeenfantastic,andasI'vegottentoknowyouoverthislasteightmonths,youyouseekindofacontinuationofmoreexcellence,right?
59:39
AndsoIIthinkuhandandreallynotevenjustacontinuation,Ithinkanelevationwhereyou'reabletocomeinandadduhadifferentelementtoitasawhole.
59:47
Souhkudostoyou,theentireteamatFullBay.
59:51
Uhwewereally,reallyappreciateyouguysandeverythingyou'redoingoutthere.
59:54
AnduhIhopetohaveyoubackontheshowsomeday.
59:57
Ofcourse,alwaysuhthankyouforhavinguswhenthankyouforpartneringwithus.
00:01
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00:03
Andanduhifyou'reouttherelisteningandinterestedinandworkingwithus,there'salwaysjobsavailable.
00:10
Sojumpinthereandandatshamelessplugfullbay.com
00:14
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00:19
We'llbesuretoaddthatintheshownotes.
00:21
Trent,thanksagainforbeingon.
00:25
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00:36
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