#55 Double-digit increases in dealership auto theft, Adapting to the future of cars, Losing $10,000 a year in keys | Steve Baucom, President of KEYper Systems
Feb 01, 2024•35 min•Ep 55•Transcript available on Metacast Episode description
In this episode, I'm speaking with Steve Baucom, President of KEYper Systems
This episode is brought to you by:
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Topics:
(00:00:00) - Intro
(00:02:40) - Steve’s journey into auto
(00:04:37) - Realizing the major key problem in the industry
(00:06:25) - Financing the business
(00:07:12) - Did you have a gut feeling of ‘this is going to work’?
(00:08:35) - How were you able to build this 35 years ago?
(00:11:28) - Is there still opportunity for niche hardware businesses in the car industry?
(00:13:24) - How do you innovate against the possibility that keys will go away?
(00:15:33) - What is the practical next step for keys?
(00:17:20) - How do you maintain a culture of innovation?
(00:19:38) - What does your product look like today?
(00:21:48) - Selling the company
(00:25:52) - Is there competition in this space?
(00:29:04) - What theft trends do you see at dealerships?
(00:32:39) - Crazy stories
Check out Keyper here.
Get in touch by emailing sales@keypersystems.com
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