July 12, 2022 • 25 mins
With opportunities for growth, many businesses add to their bottom line, but it also becomes more complex and complicated to keep things running. With so many balls in the air, it gets harder to stick to your mission– why you even started in the first place–as well as your vision for the business and the values you want the business to carry out on a daily basis. It’s truly a juggling act, but one business that has been able to do this as it has grown over the last 52 years is K&M Tire.
Founded in 1970, Ken Langhals started K&M Tire with $100. It was originally a two-bay gas station in northwest Ohio. However, over the years, Ken left tire retail, tried his hand at retreading and ultimately, locked in tire distribution as his area of focus. Since then, the business has grown to 32 distribution centers in more than 25 states.
But through it all, Ken, now CEO of the business, and his daughter, Cheryl Gossard, the business’s president who handles day-to-day operations, have kept in focus the mission, vision and values of how they’d like to run the business. Has it changed over the years? Of course! Cheryl will tell you that when K&M acquired a tire distributor and doubled in size, those three guiding principles went into question. However, they’ve always come back (and at times redefined) their mission, vision and values, as each employee knows the standards in which K&M operates its business.
In this episode of Johnny g & Friends, presented by Firestone, Johnny g sits down with Ken and Cheryl to talk about the business’s humble beginnings, how it has evolved over the years with the handover from father to daughter in leadership, the improvements it has made as its grown and what it’s growth strategy is for the future.
Listen to this episode below or subscribe to Johnny g & Friends on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/johnny-g-friends/id1575371575
Google Podcasts:
https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNDk5NTE0Ny9lcGlzb2Rlcy9mZWVk
Spotify: https://open.spotify.com/show/51HCGxJxYmRvUC48iiKXJW
You can also watch this episode on YouTube: https://www.youtube.com/watch?
Founded in 1970, Ken Langhals started K&M Tire with $100. It was originally a two-bay gas station in northwest Ohio. However, over the years, Ken left tire retail, tried his hand at retreading and ultimately, locked in tire distribution as his area of focus. Since then, the business has grown to 32 distribution centers in more than 25 states.
But through it all, Ken, now CEO of the business, and his daughter, Cheryl Gossard, the business’s president who handles day-to-day operations, have kept in focus the mission, vision and values of how they’d like to run the business. Has it changed over the years? Of course! Cheryl will tell you that when K&M acquired a tire distributor and doubled in size, those three guiding principles went into question. However, they’ve always come back (and at times redefined) their mission, vision and values, as each employee knows the standards in which K&M operates its business.
In this episode of Johnny g & Friends, presented by Firestone, Johnny g sits down with Ken and Cheryl to talk about the business’s humble beginnings, how it has evolved over the years with the handover from father to daughter in leadership, the improvements it has made as its grown and what it’s growth strategy is for the future.
Listen to this episode below or subscribe to Johnny g & Friends on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/johnny-g-friends/id1575371575
Google Podcasts:
https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNDk5NTE0Ny9lcGlzb2Rlcy9mZWVk
Spotify: https://open.spotify.com/show/51HCGxJxYmRvUC48iiKXJW
You can also watch this episode on YouTube: https://www.youtube.com/watch?
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