Pawn Leaders

E2: Family and Work/Life Balance in the Pawn Business with Moris Adato of CashCo Pawn

Informações:

Sinopse

Moris is a third generation pawnbroker, graduate gemologist, entrepreneur, brother and ex-partner of Yigal and founder of CashCo Pawn and Cal Gem Labs. He has over 17 years’ experience in the pawnbroker business and illustrates a good balance of family/work life. [01:30] Moris started working with his father in his pawnbroker business – from the bottom up – and managed the largest location which generated $1 million in a year.   [02:35] CashCo Pawn started 17 years ago in a small area, where Moris worked a year on his own.   [02:58] He received a $100,000 loan from his father for CashCo Pawn.   [03:16] Moris got Yigal to assist with the business side, offered half the business to Yigal and turned CashCo Pawn into $4 mill.   [04:48] What would you do differently if you started a pawnshop today? “If I started a new Pawn Shop today I would not want to do it again.”  There are a lot of regulations and competition. He would however ensure to still treat his customers and employees like gold.   [7:20] What do