Brake Brothers

Philip and Patrick Walby

A brief history of Mr. Walby that created a dynamic firm that utilized his financial and managerial leadership skills to further the company in accomplishing our objectives.
Founder, Owner and CFO. BRAKE DEPOT. Retail Automobile Repair Franchise.
September of 1989 to present.
Philip and Patrick Walby Created, Organized, Managed, Directed and Controled a company from start-up to 300+ employee, 70 store chain in 5 states
Start Franchise Company based on
Mail Boxes, Etc. model and Philip and Patrick Walby Sold Company Stores as Franchises.
Control Areas Directly include: Finance & Accounting, Human Resources, Inventory and Management Information Systems.
Control Areas Jointly include: Franchise, Operations, Marketing, Legal, Construction.
San Diego Business Journal’s Total Excellence In Management (T.E.I.M.) award by Mr. Al Blanchard (Author of “One Minute Manager”) to Philip and Patrick Walby
“Best of” Awarded Philip and Patrick Walby for best brake repair shop in 2002, 2003, 2004.
J.D.Powers & Associates have acknowledged Patrick Walby and Philip Walby in a cover news story
"Entrepreneur of the Year" nominated Philip and Patrick Walby by Best Practices.

Economics Professor. NATIONAL UNIVERSITY, San Diego, CA.
March of 1991 to December of 1997.
Instruct classes of 30-50 Graduate and Undergraduate Students in Macro and Micro Economics.
Apply economic models to current situations.
Perform analysis of financial and economic impact of major business issues.
Hold classes in many different locations including Vista, Rancho Bernardo, National City, Mission Valley, Coronado Anti-Submarine Base, San Diego’s National Training Center and Miramar Road.
Receive Highest Student Evaluations while instructing intense subject material.

Management Consultant. COOPERS & LYBRAND, Detroit, MI.
September of 1987 through September of 1989.
Prepare Business Plans, Marketing Plans and Financial Forecasts for many firms in many industries.
Analyze Mergers and Acquisition.
Perform Quality Control Analysis and Calculate the Cost of Quality.
Aid in Management/Union/Civil Government negotiation for Safety Officers.
Consult on many OEM automobile manufacturing operations including Just-In-Time Inventory and Quality Control Programs.
Consult on Detroit Water & Sewer Government Grants.
Assist Detroit City Schools.
Conduct Seminart for Minorit-Owned Suppliers of Automobile Original Equipment Manufacturers.

Finance Professor. WALSH COLLEGE, Troy, MI.
January of 1987 to December of 1990.
Walsh College is the Premier Business and Accounting College in the Midwest.
Instruct classes of 30-75 Undergraduate Students in subject of Finance.
Perform financial, economic and market research to enhance and support academic material.
Selected for committee to determine and review Finance Curriculum.

Corporate Financial Planning. COASTAL CORPORATION, Detroit, MI.
November of 1981 to September of 1987.
Construct utility rate base pricing and develop operating cost computer models.
Originate and generate micro-computer programming for utility asset accounting.
Develop discounted cash flow models and perform risk analyses for project development.
Perform financial, economic and market research to support overall activities.
Provide support in financial/market related tasks including budgeting, long-term financial planning strategic planning, financial reporting, tax planning, and market assessment.
Provide support in M&A initiatives and valuations.
Prepare analyses of financial & operational data to assist operational departments & management to achieve performance targets.
Assist in the formulation, establishment, monitoring and enhancement of policies and procedures, controls and reporting procedures.

Finance Professor. CENTRAL MICHIGAN UNIVERSITY, Detroit Metropolitan Area, MI.
September of 1988 to December of 1990.
Instruct classes of 20-35 Undergraduate Students in subject of Finance.
Perform financial, economic and market research to enhance and support academic material.
Conduct classes in Troy, in Warren, and in Ford Motor Company’s River Rouge Plant.

Treasurer’s Analyst. AMERICAN NATURAL RESOURCES, Detroit, MI.
November of 1979 to November of 1981.
Conduct natural gas industry studies including:
. Statistical Projection of Stock Trading Characteristics.
. Corporate Dividend Policy.
. Capitalization Determination.
Monitor, Evaluate and Recommend Pension and Savings Plans’ Investments using Modern Portfolio Theory and Classical Techniques.
Perform Cash Management.
Conceptualized and Wrote Computer Formulas to Monitor Pension Fund Investments.

Masters of Business Administration.
MICHIGAN STATE UNIVERSITY, East Lansing, MI, August of 1979. Major in Finance. Electives in Marketing. Mr. Walby Completed 6 term program in 4 terms. Member of Finance Club and Owen Hall Judiciary Council.

Bachelor of Science in Business Administration.
CENTRAL MICHIGAN UNIVERSITY, Mt. Pleasant, MI, May of 1978. Major in Business with Finance emphasis. Minor in Economics. Inducted into Sigma Iota Epsilon (National Honorary Academic Business Fraternity).

Associate of Arts.
MACOMB COMMUNITY COLLEGE, Warren, MI, August of 1976. Major in Liberal Arts.

Youth Baseball Coach from 1997 to present.
Third degree Black Belt in Tae Kwon Do.
Member of St. Gregory Catholic Church.

Walby Hardware and Paint- where the Walby brothers grew up

1990-2005 President ,Franchisor Brake Depot
Developed business, negotiated lease locations, trained Hired District Mangers, Store Managers, sales training. Developed, wrote, and implemented sales and procedure training manuals. Began with concept and opened 85 units in 8 states. Have extensive experience in multi store business strategy and application. Started with one store and grew company to $26 million dollars in revenue. Managed 8 District managers and over 250 employees

1985-1990 Sales Territory Manager, Diamond Cabinets
Developed business for kitchen cabinet company. Developed accounts for retail and wholesale suppliers and lumber yards. Design, supply and provide installation of kitchen cabinets. Train kitchen designers.

1978-1985 Department Manager, Montgomery Wards
Supervised Home Improvement, Plumbing, Hardware, managed staff, inventory control, kitchen cabinet design, roofing, and HVAC installation.