Pawn Leaders

In today’s episode, I speak with founder of Value Pawn, Rent-Rite, La Familia Pawn, Premier Pawn and Smart Financial. John Thedford is a CPA and author of the best-selling book, ‘Smart Moves Management’. In 2008, EZ Corp acquired Value Pawn for 120 million dollars. Listen to this incredible pawn industry entrepreneur as he shares his knowledge on the operations of the pan business.   [02:36] “The most powerful source on this Earth is a human engaged in meaningful work”   [04:03] It’s important that you utilize culture leadership so that the persons you hire do great work   [04:52] John started out at PricewaterhouseCoopers as a CPA and was assigned to Cash America pawn to audit their business. He was pleased with the concept of the pawnshop and was eventually hired as an Accountant.   [06:37] EZ Corp eventually hired John and the continued exposure kept him on the pawnshop journey   [09:53] High wages is about finding the right people and paying them what they are worth   [11:59] John’s wage strategy is hirin