Podcast: Play in new window | Download
Listen to Mitch’s podcast by Clicking on the button above, or use your mobile podcast Apple on Apple Podcast, Google Play, Spotify, or Stitcher.
Mitch Katz is the Founder and CEO of Premier Financial Services located in Woodbury, Connecticut. Back in 1997 he transformed the leasing industry with the introduction of the Simple Lease and Early Termination Program. This allowed the exotic and luxury car consumer to payoff or trade their vehicles at any time providing flexibility of financing and the tax benefits of leasing. Mitch’s love of the automobile began at an early age and that passion continues today. He loves the driving experience of vintage and exotic cars and you’ll find him on the road in his 1965 Alfa Romeo participating in numerous vintage rallies, including the Colorado Grand, Going to the Sun, and the Copperstate 1000. He also coordinates the annual Premier Financial Services Vintage Rally.
SHOW SPONSORS
Covercraft • MetronGarage • Christopher Kimball Financial Services
INSPIRATIONAL QUOTE
Yes, we can!
CAREER & LIFE CHALLENGES
The biggest challenge I faced since starting Premier, was the financial downturn from 2008-1010. We were getting a lot of cars back, and dealers weren’t buying as much, so it was a difficult time. We were able to persevere and sell the cars that came back. My advice to other business owners to be prepared for a “rainy day.” There will always be downturns in business, so prepare for them.
FIRST SPECIAL VEHICLE
My first special car was a 1964 Pontiac LeMans that was handed down to me from my uncle. I enjoyed it until I came across a 1965 Barracuda. I loved it and had to have it, but within the first 6 months, the engine was done. I learned a lesson to do a little research before buying a car based on passion.
BEST AUTOMOTIVE ADVICE
Do not buy a car with your heart!
RECOMMENDED RESOURCE
Haggerty’s newsletter and website
RECOMMENDED BOOK
Setting the Table by Danny Meyer
Fish!: A Proven Way to Boost Morale and Improve Results by Stephen Lundin
PARTING WORDS OF ADVICE
Treat people with respect on a daily basis.
WHERE TO FIND MITCH
(203) 267-7700
Sign up forPremier Financial Services bi-monthly newsletter on their website!
SHARE THE INSPIRATION
Your opinion matters, and I will greatly appreciate your support.
If you enjoyed this show, please go to Apple Podcast and leave me a five-star review. That would help tremendously in getting the word out and help others be inspired by Cars Yeah.