One Gang Worldwide
Blood, Sweat & Gears!
About One Gang Worldwide:
One Gang Worldwide, where motorcycle enthusiasts unite! We’re more than a podcast; we’re a global movement bringing out positive information while celebrating the heroes, trailblazers, and entrepreneurs who shape the motorcycle community.
The Podcast:
Dive into authentic conversations with our guests, exploring their journeys, triumphs, and the moments that defined their love through motorcycles. We also highlight the rising stars ready to lead the next generation. Whether you’re a rider or just curious, our stories will inspire and connect you to some of the most amazing people of our industry.
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Ben & Serge
One Gang Worldwide
Mark J. Sheffield: Insights from a Motorcycle Industry Insider | One Gang Worldwide Ep 118
In this episode, we sit down with Mark Sheffield, a prominent figure in the power sports industry who has extensive experience including serving in the US Army, managing major dealerships, and now being a board member of the National Power Sports Dealer Association. Mark shares his journey from England to Texas, experiences in the military, and how he transitioned into the power sports industry. He discusses the evolution of dealership management, the importance of process and culture, and his advocacy for better relationships between dealers and manufacturers. Mark also talks about his next ventures aimed at improving the industry, the state of power sports today, and offers insights on challenges and future directions.
00:00 Introduction and Guest Welcome
01:22 Icebreaker Questions with Mark Sheffield
07:13 Mark's Early Life and Military Service
14:49 Transition to Power Sports Industry
16:27 Career Growth and Dealership Management
21:37 Lessons Learned and Personal Insights
42:35 Understanding Dealer Costs and Profit Margins
43:27 The Importance of 20 Groups in the Industry
44:53 Challenges and Realities of Running a Dealership
47:28 Leaving the 20 Group Game: What's Next?
52:12 The State of the Power Sports Industry Today
53:43 OEM-Dealer Relationships and Industry Challenges
01:02:38 Credit Card Fees and Dealership Profitability
01:16:00 Advocating for the Industry: A Personal Journey
01:21:13 Final Thoughts and Future Outlook
Connect with Mark:
Website: https://markjsheffield.com/
LinkedIn: https://www.linkedin.com/in/markjsheffield/
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