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February 19, 2025 28 mins

From Gelato to Jiffy Lube: A Business Journey. In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Steve Sanner, who shares his entrepreneurial journey from starting a gelato business to building and exiting 52 Jiffy Lube locations. Steve discusses the challenges he faced, the importance of understanding financial margins, and the lessons learned throughout his career. He emphasizes the significance of finding the right buyer for a business and offers valuable advice for aspiring entrepreneurs, including the importance of perseverance and a positive mindset.

People can find Steve on LinkedIn, but he is not a regular user.

As for books, Steve started off with books like Good to Great, and Ain't It Great (by Jiffy Lube founder Jim Hindman), and now likes to keep up on what Elon, Bezos, Dimon and Gary Vaynerchuk have to say. Some day, Stevewill write a book about the Sanner family motto - Find A Way To Say YES!

Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

 

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