088: He scaled to $100Mil in 2 years. Here’s what to NOT do - with Jason Haugen

In today’s episode, step into the world of RV business growth with Jason Haugen. Hear how he turned a $12 million store into a thriving company. Learn about the challenges of managing RV operations, from inventory to financing. Discover Jason's journey from Network marketing to RV industry CEO, and how he expanded even during COVID-19. Find out how teamwork and lessons from Network marketing contributed to his success. Get insights into RV sales and effective growth tactics. Jason also shares tough moments when economic factors hit the industry and entrepreneurs' lessons on business understanding.  Tune in for valuable insights on culture, leadership, and strategic hiring. Jason's innovative L1 to L5 employee rating system and fusion of personal development with business triumphs are not to be missed! Jason Haugen is the CEO of Haugen RV Group, initially entering entrepreneurship at 18 through Network Marketing. He achieved success leading a large team for six years before transitioning to the RV industry in 2019. He's been running the RV dealerships since 2018 and officially became CEO in 2020. Jason is dedicated to building exceptional teams and shares his passion as a speaker and host of the Culture Camp podcast, focusing on the importance of culture in various fields.   HIGHLIGHTS: Growth Story: Jason Haugen's journey from a $12 million RV store to a thriving business empire Transition Success: From network marketing to RV industry CEO, navigating challenges and triumphs Strategic Expansion: Acquiring stores and overcoming COVID-19 challenges Cultural Emphasis: Building strong team cultures from network marketing lessons Learning from Setbacks: Adapting to RV market downturns, focusing on stability Effective Leadership: Focusing on culture, using L1 to L5 rating for the team Personal Growth for Business: Translating self-development into tangible results RV Industry Insights: Unveiling unique RV sales world and growth tactics   SOCIAL MEDIA Website URL: https://www.iamjasonhaugen.com/ Social Media URL: Jason Haugen’s FB 👉 https://www.facebook.com/culturecamppod Jason Haugen’s IG 👉 https://www.instagram.com/jasonhaugen/ Jason Haugen’s LinkedIn 👉 https://www.linkedin.com/in/jason-haugen-794689239/   TIME STAMPS: 00:00: Prelude 00:35: Introduction to Jason Haugen 03:29: The beginning of business for the RV Group 06:10: How did Jason get into Network Marketing? 11:10: Transitioning into the RV industry 17:10: What role did he play in the business? 20:14: The hardest business to run in the industry 23:04: The acquisition process 26:07: The profitability of finance 29:36: Valuing a business and lines of credit 33:55: The company shifted in the middle of 2022 37:45: What caused the significant shift in margins? 40:50: The demand side of the market relative to interest 43:15: Selling the business for its value 47:25: The gap between working in the business vs working on the business 51:50: What systems helped Jason run a $100 million RV company, and which ones are still working well? 58:35: Hiring the right people to build the culture 1:02:16: Criteria for an L5 accounting office 1:06:04: Character values are at the core of a good person 1:09:31: Lessons learned from Network Marketing 1:13:28: You gotta take action and get out there and do it 1:14:43: Where to find more information about Jason 1:15:05: How to support Beyond A Million 1:15:48: END   Subscribe to the Podcast: https://www.youtube.com/@Beyondamillion?sub_confirmation=1 We hope you enjoy this episode and that you find some golden nuggets within this interview. Trust us, it's there! If you want episodes delivered straight to your inbox, consider subscribing to the show and we'll email you each time a new episode is released! Thanks for tuning it & keep being awesome. BAM! 💥