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Steve Lange
Business Keynote Speaker, Owner of Tony's Tyre Service
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Professional Business Keynote Speaker on
Business Strategy, Retail Sales and Customer Service, Team Building
Speaker and Motivational Speaker.
Based in Palmerston North New Zealand. Available locally and internationally. |
Steve Lange is the owner of Tony's Tyre Service, the
biggest independent tyre chain in New Zealand consisting of 17 outlets,
turns over $24 million a year, employs 150 people and is, more
importantly, profitable.
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How did a young man with little passion for education become one
of New Zealand's leading entrepreneurial businessmen? This is the
story of Steve Lange and why Tony's Tyre Service is now the largest
independently owned tyre company in New Zealand.
Steve Lange's
career started early in life. As a high school drop out Steve
applied himself to learning everything he could about the tyre
industry, often starting 2 hours early and finishing 2 hours after
close, so he could practice what he'd
learnt.
Buy the age of 18 he was promoted to foreman then again at 21 he was
asked to transfer to Palmerston North to manage a retreading factory
that had just been purchased.
By 23 Steve was the proud owner of Tony's
Tyre Service which he brought, along with a partner using a loan
from his Accountant at 28% interest.
Their mission statement was simple. "To provide the best service in
town and to sell as many tyres as possible".
In 1986 Steve brought his second tyre shop and a year later brought
his partner out. Then the 1987 crash hit
and he struggled to hold it all together: He'd
borrowed all this money, and then sales dropped, margins dropped and
interest rates went up.
What was Steve to do? I got four credit cards and went and opened
another branch in Wanganui. I just had to have cash
flow to service my debt and that was the best way I knew how.
It really saved my bacon because it went very well.
Over the next few years Steve
Lange continued to walk a financial
tightrope, borrowing to open more stores in pursuit of bigger cash
flow.
Then, in 1991, it almost went down the gurgler. His local Westpac
manager told him the bank would be calling in its $200,000 debt
within 24 hours, and Lange decided the only thing to do was to go to
the top. He flew to Auckland, strode into the Westpac chief
executive's office and said,
"If you guys are going to close me down
tomorrow I suggest you put some arses on planes and take a look at
my business."
Miraculously, a couple of arses were put on planes, and
Westpac decided not only to rescind the threat to call in its debt,
but extended him another loan.
The winning formula? Aside from Lange's
enormous appetite for risk, he says he's
been driven by a simple philosophy of
Customer service
Step 1: The customer is always right
Step 2: If the customer is wrong Refer to
step 1
Step 3: Recruiting the right people and
giving them the liberty to express their ideas.
A thoroughly entertaining speaker Steve Lange will
inspire you with what is possible, you and your business are bound
to benefit from this original good old Kiwi success story.
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Topics
Business Speaker
Motivational Speaker
Retail Sales
Customer Services
Teambuilding |
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