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Remaking the messy job of oil changing

After graduating in Machine Design and Dynamics of Performance Vehicles at Clemson University, and then receiving an MBA in Entrepreneurship and Innovation, also from Clemson University, our next guest decided to work on a product idea he has had since working as a grease monkey at a local car dealership: a tool that could make the vehicle oil changing process easier, cleaner, and faster. Mike Switzer interviews Steven Owens, founder of Last Drop Wrench in Gaffney, SC.e

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.