March 4th, 2020
How do you rise above being raised in the poorest county in the United States, Cameron County, Texas, to becoming the owner of the largest, most highly-rated auto leasing company in the US with over $1 Billion in leases under management?
Mike Hernandez wanted to be an engineer, but when he graduated from Texas A&M University, the oil bust of 1983 set him on a different path that led to his eventual ownership of D&M Leasing, the nation’s premiere auto leasing company, and several other flourishing enterprises. Listen as Mike shares how running a business is similar to running a college football team, and what it takes to grow a company that earns a massive 78% of its business through satisfied, repeat customers and their referrals. Mike also shares how he is leading a mission to transform Cameron County, Texas, into an economically thriving community.
Mike Hernandez is a Brownsville, Texas, native who joined D&M Leasing in 1984 and took over full ownership in 2005. He has since grown D&M to the highest ranked auto leasing company in the U.S. with a lease portfolio of over $1 billion. Mike has also expanded his business activities into real estate development, finance, cattle ranching, and the oil and gas spheres. Mike is a philanthropist focusing on education, economic development and social services in Cameron and Starr counties in Texas. He founded OP 10.33, an action-driven group that is helping shape the regional government into one that coordinates overarching programs that benefit all Cameron County citizens. Mike and his wife, Kelly, have four children and reside in Fort Worth, Texas.
Mike Hernandez Podcast Interview – Audio
by Jeff Holler