John Gabbert
person on 2 shows · 10 statements across 1 episodes · said 2 times in 1 episodes since 2022
On the record as a speaker too: John Gabbert across every show, appearances and statements → this page counts the times other people say the name.
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Acquired 2
2022 2 mentions in 1 episode
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10 statements about John Gabbert, every show
Gabbert: 100% Commission Salespeople Work for Themselves, Not Their Employer
“The truth is if somebody's working for you on a hundred percent commission, they're working for themselves. They're not working for you.”
Gabbert: Father signed legal agreement to sell controlling shares of Gabbert's
“This must have been in 77, maybe, and I said, can we agree that I'm going to buy you out? I'm running the business. I've been running the business for a while. Things are going pretty well, and we had a legal document signed that I would buy his, enough of his…”
Gabbert: Father Refused to Honor Signed 1980 Buyout Agreement for Family Business
“I went, simply went to him, said, here we have the agreement, and he said, I'm not gonna do it. I said, we have a legal agreement, and he said, oh, I'm not gonna do it.”
John Gabbert traded 30% Gabberts stake for full Room & Board ownership
“I own about 30% of the business, and I would trade that 30% for the full ownership of room and board.”
Gabbert: Estranged from family for at least a decade after company split
“I basically didn't see family for at least 10 years.”
Gabbert: Wasted eight years pursuing multiple side ventures before focusing Room & Board
“I spent those next six or eight, eight years. I did a variety of things. I started a business called bedrooms for kids. I had a wholesale showroom. I bought a design studio. So I spent, as I look at it now, I kind of wasted eight years doing things instead of …”
Gabbert: Specialized component manufacturing cuts furniture costs and expands customer choice
“So the unique thing we bring to the process is we bring the design, and then we have these different manufacturers Make the components, which actually reduces the cost of the piece, because we got these specialists doing what they do really well. And it has th…”
Gabbert: Room & Board committed early to operating with zero bank debt
“Early on, we just said no bank debt. We're going to operate with no debt. And we did for years and years and years.”
Gabbert: Room & Board transitioned to ESOP via 100% owner financing
“The way that makes sense for us to do it is have a hundred percent owner finance, so there's no bank loan involved. We just, we gave a loan to the employees, basically, the ESOP, to buy the shares from the owners at an established price”