Stotz Equipment — originally named Arizona Machinery — was founded by Fred Elder and two partners in 1947. Diane, who is Fred’s daughter, and her sons Tom, Rob and Teddy share the story of how the dealership became Stotz Equipment, including how their father —Ferenc Rozctoczy, a Hungarian immigrant who was a chemist, came to run the business. Ferenc passed away in 2017, but the impact he had on his family and the family business can be heard in how his family remembers him.
All three sons had plans outside the dealership, but were eventually talked in to coming on board by their father, and today all serve in leadership roles at the 25-store John Deere dealership.
“At one point, I said, ‘Dad, I just want you to try and remember what you were trying to do when you were 40 because when you were 40, you weren’t thinking like this’ .. And we always worked it out,” Tom Rosztoczy says of his working relationship with his father as he transitioned into the leadership role and the generational differences between them.
Farm Equipment's podcast series is brought to you by HBS Systems.
A trusted agriculture industry leader for 35 years, HBS Systems is constantly updating our cutting-edge equipment dealership software. Our powerful application offers fully integrated Inventory Management, Sales, Parts, Service, Rental, and Accounting features designed to streamline your entire business and maximize revenue. By automating and integrating complex processes, our software improves accuracy and efficiency in all departments, while providing real-time analytics from anywhere on any device, helping you deliver excellent customer service. We’re humbled to have grown from serving 1 dealership to more than 1,500 agriculture and construction dealerships throughout the US and Canada. Learn why your dealership should trust HBS Systems at www.hbssystems.com
Music: Josh Woodward - Golden Sunrise (Instrumental Version)
You May Also Be Interested In...
Cornerstones of Success
Gain a detailed look into the tips and strategies for investing in the people and tools to increase your dealership’s revenue and long-term goals. This exclusive report details the various techniques that you can implement right away to improve your business, ensure your people are well-respected and keep customers coming back time and again. Learn Meyer’s time-tested advice to stay ahead of your competition. Download now »