Brent Mcmahon RV
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Transcript of Brent Mcmahon RV
nt Mcmahon RV:Success Story BehindA Serial EntrepreneurBrent Mc Mahon RV Success Story Behind A Serial
Entreprenuer And Consultant
Brent Mcmahon Rv is an American businessman who came to business notoriety
when he started a small RV dealership in December of 2000 Orange County,
California. He started McMahon’s RV at a small facility in what was known as
“Traveland, USA”, a mall for RV dealerships. At that time, the facility was home to
more than 15 different dealers, ranging from small one-lot dealers to some of the
nation’s largest.
McMahon started the business with three used motorhomes and a pickup truck. He
had served in the RV industry for over 14 years before starting the company. Brent
had worked his way up from a salesperson to a director of sales of a multi-store
operation before deciding to strike out on his own.
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Shortly after starting the business, America was hit with the devastation of 9/11. The
country would never be the same, and neither would travel. McMahon’s RV was not
sure how they would survive or even how they would be affected. Ironically, business
actually saw an increase in revenue as Americans rallied to the cry of patriotism and
were inspired to go see the country more than ever.
Within a year from that time period, Brent Mcmahon Rv ad begun to represent RV
manufacturers as a dealer. He had signed the top two manufacturers in the world,
Roadtrek, and Pleasure-way. The company began to set sales records month-in and
month-out under McMahon’s dynamic leadership. McMahon’s RV grew from 30
million to 60 Million then up over 100 million annually in gross sales. They broke the
previous sales records for both van companies they represented. To mark the
occasion, Brent was flown by Roadtrek Motorhomes to its MFG headquarters in
Ontario, Canada, where he was presented with the key to the 20,000th Roadtrek RV
produced, presented by the mayor of Kitchener and the company president.
In 2004, the company began the first of several expansion moves. They opened
additional facilities in and around its home state of California. They ventured into
new products with the addition of Luxury Diesel Pushers and quickly acquired
several big franchises like Monaco, Country Coach, Holiday Rambler, Forest River,
Winnebago, and more.
As the company approached 2007, after six short years, it had gone from nowhere to
be one of the top motorized RV dealerships in the nation. The accolades followed.
Some of McMahon’s RV awards include:
● #1 Roadtrek Dealer Worldwide (10 consecutive years)● Pleasure-Way World record holder, circa 2007● Multi-Dealer of the Year award for the U.S.A.● Beaver Motorhomes Rookie of the Year● Safari Motorhomes Rookie of The Year● Holiday Rambler Top Dealer● Winnebago Dealer of the Year● Forest River Dealer of the Year● California’s Top 5th Wheel Dealer● California’s Top Motorhome Dealer● California’s Top Trailer Dealer● California’s Top Overall Dealer as recognized by Stat Surveys Inc.
As 2007 approached, it became obvious to management that something was changing
in the economy. Business, which had been at an all-time pace, began to drop off
significantly. By the middle of 2008, McMahon’s RV and other dealers, RV
manufacturers, and RV suppliers were beginning to experience something they had
never experienced before, a real economic depression. There had been recessions
about every 6-7 years, going back to the late 70’s and early 80s. They dealt with high
gas prices and even extremely high-interest rates, but nothing compared to this. This
wiped-out companies, both large and small, and had a devastating effect on the RV
business in general. McMahon remained confident. He and the tremendous sales staff
he had developed over the years would be able to persevere. He and his senior
manager, Mike Lankford, developed a plan. No one was coming out to the stores to
buy an expensive gas-guzzling RV during these times. They needed to adapt.
They developed a two-stage plan. The first stage focused on customers already living
the RV lifestyle. First-timers had been scared out of the market by the Great
Recession. The full-timers or the retirees were already committed to the RV lifestyle
and were not going anywhere. This was their lifestyle. Depression or not, they were
in. The company realized these customers mainly flocked to the desert communities
in the winter places like the River in California and off the I95 freeway, near the
California-Arizona border. Cities like Yuma, Mesa and others saw these so-called
“snowbirds” flock there in droves. They subsequently decided to open up small
facilities and put on events in these areas. They opened up in the desert near Palm
Springs, CA, an area where customers tend to spend time in the winter, to get away
from the colder weather in the Northern USA and Canada. The second stage was to
bring the product to the customer. In order to do this, the company went to the
largest outdoor venues in the RV industries largest selling market, Southern
California. Dodger Stadium, the Rose Bowl in Pasadena, Angel Stadium in Anaheim,
along with others! The plans to put on large outdoor tent sales events at these
locations worked! Those early years during and after the Great Recession, these
specialized sales people traveled the western part of the USA and helped propel the
dealership to new records in sales and totals.
Unfortunately, this came at a heavy price. McMahon reluctantly had to close his
brick-and-mortar locations to continue to put on the outdoor events. As time went
on, the costs of maintaining both the tent events and permanent locations wore
heavy on the company’s resources. As the internet continued its development, RV
sales and pricing became more competitive. It made it difficult for many dealers to
maintain their profit margins. In late 2013, the company had fallen onto difficult
times. The seasonality of many of their higher priced units had major impacts on
their cash-flows. Additionally, one of their lead floor-plan companies decided it was
no longer going to serve the industry at the same level it had for the previous several
years.
The company had several heated and contested business interactions with the
floor-plan company which lead to the floor-plan companies taking aggressive action.
Because of all this, Brent Mcmahon RV filed for Chapter 11 Protection. The company
filed litigation and the matter was later settled with the estate receiving an
undisclosed financial settlement. The goal was to re-launch the company, but when
that failed, McMahon resigned. Other legal charges were filed and subsequently
dismissed. It became evident McMahon loved his company and would have given his
right arm to save it. When asked about the business years later, he said;
“We had a great company. We had the best customers in the world. We had the best
sales staff and employees anybody could ever ask for! We accomplished many great
things and had tremendous relationships with our manufacturing partners and our
lending partners. In the end, we believe we had the resources and the assets available
to make a case for us to come to terms and keep moving forward but unfortunately
things did not work out that way. I still have people who come up to me all the time
and comment on different things regarding the dealerships, how much they enjoyed
working there or stories about trips they took etc. In closing, I am proud of what we
accomplished as a team. We had an amazing run!”
Today, Brent McMahon RV is a serial entrepreneur. He started a women’s CBD
skincare line in 2015 and is constantly involved with other business projects from his
consulting business, BMC Consulting or BMCC. It focuses on helping businesses
achieve success throughout marketing and outselling the competition. Business is
hard. Most people have a particular skill set that helps them get to where they are.
BMCC helps get them to that next level. They’ve experienced all business levels, from
start-up to peak growth. They know what it takes to help companies achieve success
and know-how to help them avoid the pitfalls in a way you can only get from
experience.
ent Mcmahon RV:Success Story BehindA Serial Entrepreneur
& Consultant