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S9 E5: Mobile Station Mogul: Gas Biz Guy on the Future of the Gas Industry

S9 E5: Mobile Station Mogul: Gas Biz Guy on the Future of the Gas Industry

FromFranchise Empires


S9 E5: Mobile Station Mogul: Gas Biz Guy on the Future of the Gas Industry

FromFranchise Empires

ratings:
Length:
37 minutes
Released:
May 21, 2024
Format:
Podcast episode

Description

What’s the latest Twitter beef with an army of minions going to war for Gas Biz Guy? Is it a joke or is there legitimate beef behind the brawl?  
Join The Wolf as he sits down with viral Twitter personality Gas Biz Guy (aka Chris Hellgeth), a self-made entrepreneur who turned a ten-cent cigarette sale into a $100 million-a-year gas distribution business. They break down the secrets to success in the gas station industry, including the importance of value, experience, and building a strong brand.
Discover how the Gas Biz Guy built his business from the ground up, overcoming challenges and seizing opportunities along the way. From cashing checks to gas station ownership, he shares his entrepreneurial journey and offers valuable insights for aspiring business owners.
The Gas Biz Guy also peels back the curtain on the little-known gas and convenience store industry, unpacking the unique synergy between quick-serve restaurants and gas stations and exploring the opportunities they can provide potential investors.  
And later, he and the Wolf dive into the evolving trends in the convenience store industry, from the rise of novelty energy drinks to the increasing focus on customer experience. Find out how higher-margin locations are expanding their margins by providing a clean environment and excellent customer service.
 
 
00:00:00 - Gas Station Enthusiast Dominates Twitter
00:04:14 - From a 10 Cent Cigarette Sale to a $100 Million Success
00:08:26 - Solving the Unbankable Population Issue
00:12:14 - Gas Stations: Profit from Convenience, Not Gas
00:15:22 - Gas Station Industry's Value Proposition
00:20:15 - Buying from Distributors: Convenience Store Margins
00:24:32 - Cooler Products Dominate Market Growth
00:25:47 - Synergy Between Gas Stations and Restaurants
 
Follow Gas Biz Guy:
Twitter: https://twitter.com/gas_biz
 
Follow The Wolf: 
Newsletter: https://workweek.com/brand/the-wolf-of-franchises/
YouTube: https://www.youtube.com/@thewolfoffranchises
Twitter: https://twitter.com/franchisewolf
Website: https://www.krokit.com
 
And for exclusive insider content, don’t forget to check out my YouTube channel.
 
Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com.
 
And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast. Thank you so much!
 
Released:
May 21, 2024
Format:
Podcast episode

Titles in the series (100)

There’s more than one way to find financial freedom. Most startups are doomed to fail, but there’s an alternative route for hungry entrepreneurs. One that involves far less risk, far more work-life balance and just as much profit. Franchises. This is the podcast that gives aspiring franchise owners the playbook to build a multi-unit franchise empire of their own. Every episode we hear from guests who are building their franchise empire: Franchisees who started with one unit and aren’t stopping until they get to dozens, hundreds, or even thousands more locations. Hosted by The Wolf, you’ll hear exactly how to turn your ambition into tangible actions and take your first steps up the franchise ladder. You’ll get a breakdown on the steps you need to take open your first franchise, your second location, and beyond, along with the pitfalls to avoid. We answer all your questions about owning and running your franchise with relatable guests, sharing their first hand experience. To get started on your franchise owning journey, tune in on March 3rd for our season premiere, with new episodes every Tuesday. Make sure to subscribe wherever you get your podcasts.