The Wash Exchange · Splash Car Wash, Mr Jay Franks (COO)
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Provide managers with capital-expense funding on request, encouraging them to maintain and improve site appearance
“We train them with our models… over that 30, 60, 90 days… we take our deep bench of managers, give them the opportunity to visit a new site and help train a new manager, and often compensate them to do that.”
“We now manage over 2 billion across multiple funds... that war chest... to be able to deploy capital, provide reserve capital for our next set of companies”
“If you can break the process into sub-processes, diagram them, study them, improvement, improve them. It's much easier to change a hundred things by one percent than to change one thing by a hundred percent.”
“If a corporation replaces a human worker with an algorithm, that algorithm should still trigger FICA taxes. The company pays into pension funds to maintain the social safety net.”
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