Top Dollar Pawn Analysis

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Top Dollar Pawn is a family-owned business with two locations in Pueblo, Colorado and two in Colorado Springs, Colorado. Rosalyn Byrd has been with Top Dollar Pawn for 11 years. She has been the manager of a Pueblo store for 10 years, and thoroughly enjoys her occupation. I have decided to interview Rosalyn Byrd because I plan to manage my own business someday. Conducting an interview with someone who is passionate about her career motivates me to continue pursuing my dream of becoming a manager. The following questions and answers opened my eyes to the real life of a working manager.
I started off the interview with a question about how Ms. Byrd became the manager of Top Dollar Pawn. She told me she acquired her position through family. Her step-dad, Jack, became fascinated with pawn shops after shopping and finding many valuable items. Jack decided to open his own business and asked Rosalyn Byrd if she …show more content…

Her biggest accomplishment is maintaining her clientele. She gets the same customers that she did when she first opened. In chapter four of Organizational Behavior, it explains how managers can influence moods of customers. Ms. Byrd gives great deals to regular customers to keep them coming back. A customer’s mood automatically changes when receiving a good deal.
Failures can be more important than accomplishments because it makes us learn from our mistakes. Rosalyn makes mistakes even after being in her position for 10 years. Rosalyn was kind enough to share one of her failures with me. She had an idea to do payday loans, which caused the pawn shop to lose a great amount of money. A payday loan is an amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck. Many customers canceled their paychecks or did not pay the pawn shop back. Ms. Byrd still admits fault to this day for the loss of

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