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Founders cover image

#91 Jim Clayton (Sold to Warren Buffett)

Founders

NOTE

Symbiotic Success: Family-run Dealerships and Home Business

The success of Clayton Holmes was intertwined with the family-owned car dealership business that enabled him to dedicate time and efforts to the home business. The family dealerships played a crucial role in the organization's existence and contributed to the overall growth. The success was attributed to factors such as a skilled staff, efficient accounting system, promotional activities like a weekly TV show, economic stability, quick customer financing, competitive pricing, and shared overhead costs.

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