More and more businesses are adapting to the times and migrating online to compete in the digital age. Matt Hamlin is the owner of Online Parts Depot, a digital salvage yard business in which salvage yards from all over the country are able to list and sell car parts on eBay.
From Side Hustle to the Real Deal
Growing up around the industry, with his father actually owning his own salvage yard, Matt had an interest in salvage yards and car parts his entire life. His business began as a side job, inventorying and selling parts for his local salvage yard. Word of mouth circulated and he began doing the same for other yards. Like any great idea and smart business, Online Parts Depot grew organically to become its own business and a need for employees to scale was imperative.
“Get the Right People on the Bus, and It Will Move”
As an online business operator, it was scary for Matt to expand and trust new people with his hard-earned business. But it was important and necessary to take on more business. Many business owners struggle with knowing the right time if ever to go from a one-man show to hiring and overseeing employees. When you hire the right people, your business is going to grow and be more successful than before, that is just part of scaling a business. Even though to this day, Matt has still not met face to face with some of his employees, he is thankful for a hardworking and trustworthy crew that keeps Online Parts Depot going across the country.
Find and Listen to People Smarter Than You.
Matt gives some really great advice for any business owner that applies to many facets of a business. When it comes to the parts of your job that aren't in your skill set, find people who specialize in it so that you can be more productive on your end. This goes for payroll, bookkeeping, or even marketing. When you outsource these roles, you have more time for the parts of the business you enjoy. Additionally, Matt, like many other of our podcast guests, urges business owners to find and attend conferences. The people who are growing in your industry are going to be there and you need to be one of them. Conferences, mentors, whoever are going to be a major aid when learning about the best business practices in your industry, it doesn’t matter if you’ve been in business 5 years or 50.
Out with the Old and in with the New
Matt jokes that if in the future we drive flying cars, then he will sell flying car parts. Along his business journey, Matt developed the processes of inventorying and managing clients as both buyers and sellers. Original salvage yards kept handwritten inventory or even just knew it in their head, Matt is trailblazing in this industry and bringing it to the digital age. This is a testament to adaptability and flexibility in business. Things are always changing and if you're going to be in business you need to be willing to adapt, learn new things, and most importantly consider feedback from your team.
This has been another great business owner with a ton of great advice. If you find this podcast helpful, don’t forget to leave a review, subscribe, and follow us on social media.
What’s Inside:
Mentioned In This Episode:
Online Parts Depot on Facebook
Online Parts Depot
Matthew Hamlin on LinkedIn
Matthew S. Hamlin
Online Parts Depot
122 Garnet Dr.
Gilbertsville Pa 19525
More and more businesses are adapting to the times and migrating online to compete in the digital age. Matt Hamlin is the owner of Online Parts Depot, a digital salvage yard business in which salvage yards from all over the country are able to list and sell car parts on eBay.
From Side Hustle to the Real Deal
Growing up around the industry, with his father actually owning his own salvage yard, Matt had an interest in salvage yards and car parts his entire life. His business began as a side job, inventorying and selling parts for his local salvage yard. Word of mouth circulated and he began doing the same for other yards. Like any great idea and smart business, Online Parts Depot grew organically to become its own business and a need for employees to scale was imperative.
“Get the Right People on the Bus, and It Will Move”
As an online business operator, it was scary for Matt to expand and trust new people with his hard-earned business. But it was important and necessary to take on more business. Many business owners struggle with knowing the right time if ever to go from a one-man show to hiring and overseeing employees. When you hire the right people, your business is going to grow and be more successful than before, that is just part of scaling a business. Even though to this day, Matt has still not met face to face with some of his employees, he is thankful for a hardworking and trustworthy crew that keeps Online Parts Depot going across the country.
Find and Listen to People Smarter Than You.
Matt gives some really great advice for any business owner that applies to many facets of a business. When it comes to the parts of your job that aren't in your skill set, find people who specialize in it so that you can be more productive on your end. This goes for payroll, bookkeeping, or even marketing. When you outsource these roles, you have more time for the parts of the business you enjoy. Additionally, Matt, like many other of our podcast guests, urges business owners to find and attend conferences. The people who are growing in your industry are going to be there and you need to be one of them. Conferences, mentors, whoever are going to be a major aid when learning about the best business practices in your industry, it doesn’t matter if you’ve been in business 5 years or 50.
Out with the Old and in with the New
Matt jokes that if in the future we drive flying cars, then he will sell flying car parts. Along his business journey, Matt developed the processes of inventorying and managing clients as both buyers and sellers. Original salvage yards kept handwritten inventory or even just knew it in their head, Matt is trailblazing in this industry and bringing it to the digital age. This is a testament to adaptability and flexibility in business. Things are always changing and if you're going to be in business you need to be willing to adapt, learn new things, and most importantly consider feedback from your team.
This has been another great business owner with a ton of great advice. If you find this podcast helpful, don’t forget to leave a review, subscribe, and follow us on social media.
What’s Inside:
Mentioned In This Episode:
Online Parts Depot on Facebook
Online Parts Depot
Matthew Hamlin on LinkedIn
Matthew S. Hamlin
Online Parts Depot
122 Garnet Dr.
Gilbertsville Pa 19525