81 min listen
#340 - Chris Hellgeth aka Gas Biz Guy - Owner @ Vi-Mac - Building a $100M Gasoline Empire
#340 - Chris Hellgeth aka Gas Biz Guy - Owner @ Vi-Mac - Building a $100M Gasoline Empire
ratings:
Length:
80 minutes
Released:
Feb 27, 2024
Format:
Podcast episode
Description
Chris, aka @Gas_biz, is the owner of Vi-Mac, Atlanta’s hometown gasoline transportation company, which services approximately 1000+ gas stations throughout the State of Georgia.
We discuss:
The economics of the gas station business
Chris’ career: the rise, the fall, and the comeback
How to flip gas stations
Where gas stations stand in an EV world
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.
https://www.thefortpod.com/survey
Links:
Chris on X
'Fuel for Thought' Newsletter
Topics:
(00:00:00) - Intro
(00:01:54) - The family gas business and Chris’ early life
(00:08:41) - How is money made in gas stations?
(00:12:00) - The perfect site for a gas station
(00:14:13) - What is ‘great service’ in gas stations?
(00:17:13) - What are the anchor products in the shop?
(00:22:34) - Buying 25% of the family business
(00:24:33) - The economics of check cashing
(00:27:12) - Growing the business
(00:30:32) - Making mistakes
(00:41:13) - The light at the end of the tunnel
(00:50:20) - How do you flip a gas station?
(00:52:58) - Selling the business
(01:01:14) - Gas station crime
(01:03:51) - The trucking business
(01:05:48) - Management philosophies
(01:06:51) - Running a great trucking company
(01:09:14) - The gasoline supply chain
(01:10:09) - What do you see as disruptive to the gas station industry?
(01:15:15) - Environmental processes
(01:17:19) - The video poker industry
Support our Sponsors
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Chris on Social Media:
X: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
The FORT is produced by Johnny Podcasts
We discuss:
The economics of the gas station business
Chris’ career: the rise, the fall, and the comeback
How to flip gas stations
Where gas stations stand in an EV world
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.
https://www.thefortpod.com/survey
Links:
Chris on X
'Fuel for Thought' Newsletter
Topics:
(00:00:00) - Intro
(00:01:54) - The family gas business and Chris’ early life
(00:08:41) - How is money made in gas stations?
(00:12:00) - The perfect site for a gas station
(00:14:13) - What is ‘great service’ in gas stations?
(00:17:13) - What are the anchor products in the shop?
(00:22:34) - Buying 25% of the family business
(00:24:33) - The economics of check cashing
(00:27:12) - Growing the business
(00:30:32) - Making mistakes
(00:41:13) - The light at the end of the tunnel
(00:50:20) - How do you flip a gas station?
(00:52:58) - Selling the business
(01:01:14) - Gas station crime
(01:03:51) - The trucking business
(01:05:48) - Management philosophies
(01:06:51) - Running a great trucking company
(01:09:14) - The gasoline supply chain
(01:10:09) - What do you see as disruptive to the gas station industry?
(01:15:15) - Environmental processes
(01:17:19) - The video poker industry
Support our Sponsors
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Chris on Social Media:
X: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
The FORT is produced by Johnny Podcasts
Released:
Feb 27, 2024
Format:
Podcast episode
Titles in the series (100)
#11: Bryan Perkins - How to Build a Conglomerate: Chris sits down with Bryan Perkins, CEO and President of Novaria Group which is an aerospace manufacturing company. They discuss the aerospace business, buying other businesses, life management and the power of thought. Enjoy! Follow Chris on Twitter:... by The Fort - An Entrepreneurship Podcast